
Gilbert, AZ 85295
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $475,000—positioned above the $459,489 Fair Market Value. While the property requires cosmetic updates to its Condition Rating of 4, the expansive 7,700 square foot lot and proximity to San Tan Village provide significant long-term value. Recent mechanical upgrades, including a 5-year-old AC and new carpet, mitigate immediate maintenance risks. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity through strategic modernization in a prime Gilbert location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2655 E HARRISON Court Subject | $475,000* List Price | 3 | 3 | 1,491 | $308 | - |
A 2872 E CARLA VISTA Court Sold | $465,000 | 3 | 2 | 1,310 | $355 | 0.4 mi |
B 2872 E CARLA VISTA Court Sold | $465,000 | 3 | 2 | 1,310 | $355 | 0.4 mi |
C 2864 E PONY Court Sold | $515,000 | 4 | 2 | 1,840 | $280 | 0.6 mi |
D 2882 E MORGAN Drive Sold | $445,000 | 4 | 2 | 1,647 | $270 | 0.6 mi |
E 2431 E Shannon Street Sold | $525,000 List Price | 3 | 2 | 1,842 | 0.3 mi | |
F 1933 E DUBLIN Street Sold | $484,900 List Price | 3 | 2 | 1,688 | 0.9 mi | |
G 2545 E HARRISON Court Active | $559,999 List Price | 4 | 3 | 1,867 | $300 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2000 (24+ years old) and features a dated kitchen with original oak cabinetry and white appliances. While the HVAC system is relatively new (5 years) and carpets were recently replaced, the overall interior finishes are original to the build date and require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7700, living area = 1491.
The property is situated within walking distance to San Tan Village, offering residents immediate access to premier shopping, dining, and entertainment hubs in Gilbert.
At 7,700 square feet, the lot is significantly larger than average for this sub-type, providing ample space for a private pool, garden, or outdoor recreation area.
At 1,491 square feet, the home is relatively small for a three-bedroom residence, which may be a constraint for families requiring more spacious common areas.
Built in 2000 and described as 'move-in ready' without mention of kitchen or bath remodels, the property likely retains original finishes that may require updating to meet modern luxury standards.
LOCATION! LOCATION! LOCATION! Walk to San Tan Village and enjoy all it's shops and restaurants! This 3 bedroom 2.5 bath home is move in ready! Use your imagination on this 7700 square foot lot with endless possibilities! Enough room for your huge garden, pool and putting green! AC unit is only 5 years old and carpet was replaced last year! Convenient laundry upstairs and full primary bath.
No exterior & parking available.
Grades K-8 • 1.4 mi
Grades 7-8 • 1.9 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,491 | - |
| Lot Size | 7,700 | - |
| Price | $475.0K | $554.5K |
| Price per sq ft | $319 | $287 |
| Built year | 2000 | 0 |
| HOA | $209 | $0 |
| Days on market | 16 | 2717 |
Jul 6, 2026
$475,000
Initial Listing