2673 S BALSAM Drive, Gilbert, AZ 85295, Gilbert, 85295 - 2 bed, 3 bath
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Gilbert, AZ 85295
This Modern Lakefront Condominium is a Prime Investment Opportunity, listed at $419,990—positioned well below the $439,585 Fair Market Value by 4%. This valuation gap offers $19,595 in Instant Equity for buyers. Boasting an Excellent Condition Rating, the 2021-built interior features quartz countertops, slate appliances, and plantation shutters. Residents enjoy serene lake views and access to Spectrum Elementary School. This turnkey retreat is an ideal match for Owner-Occupants or second-home buyers seeking a sophisticated, lock-and-leave lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2673 S BALSAM Drive Subject | $419,990* List Price | 2 | 3 | 1,431 | $307 | - |
A 1850 E BERNIE Lane 102 Sold | $442,000 | 3 | 3 | 1,812 | $244 | 0.1 mi |
B 1852 E CHELSEA Lane 103 Sold | $375,000 | 2 | 2 | 1,194 | $314 | 0.1 mi |
C 1734 E DOGWOOD Lane Sold | $435,000 | 2 | 3 | 1,549 | $281 | 0.1 mi |
D 1820 E BERNIE Lane 105 Sold | $395,500 List Price | 2 | 2 | 1,194 | 0.1 mi | |
E 2651 S BALSAM Drive Pending | $410,000 List Price | 2 | 3 | 1,256 | $326 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2021, placing it well within the 10-year threshold for an excellent rating. The interior features high-end, modern finishes including quartz countertops, slate appliances, luxury vinyl plank flooring, and plantation shutters. The kitchen and bathrooms are contemporary and show no signs of wear, and the overall condition is turnkey with upgraded lighting, fixtures, and a custom-tiled staircase.
Built in 2021, this unit features high-end upgrades including quartz countertops, slate appliances, LVP flooring, and plantation shutters, and is offered fully furnished for a seamless move-in.
Located in the Lakes of Annecy, the property offers a resort-style lifestyle with lakefront views, tree-lined streets, and access to multiple pools, spas, and lush green spaces.
The floor plan includes two spacious bedrooms each with its own private en-suite bathroom, providing an ideal setup for guests, roommates, or use as a high-end vacation rental.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1431, other record living area = 1369.
As a condominium with a small 712 sqft lot footprint, the property lacks a private yard, which may be a drawback for pet owners or those seeking traditional outdoor living.
The $275 monthly association fee adds a significant recurring cost to the property's carrying expenses, which may impact the overall affordability for some buyers.
Prime Location community, Lakes of Annecy, has breathtaking tree lined streets & lakefront living. Beautiful green space with serene water views, in simply a refined retreat setting of Relaxing pools with spas and nature as you walk the sidewalks. This Stunning 2 bedroom each with on-suite is an upgraded unit featuring quartz counters, slate appliances, plantation shutters, lvp flooring throughout, new lighting & fixtures, epoxy garage with storage rack, and water purification system. Lots of natural light pouring in, with 2 balconies to enjoy the community views with your morning coffee. A perfect home sitting on a corner lot across from a lake, close to shopping, parks, and entertainment just minutes outside the gates. Whether living full time or using as second home, it's a relaxing retreat. This is an ideal lock and leave home with furnishings included!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 7-8 • 1.5 mi
Grades 8-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,431 | 1,431 | 50% |
| Lot Size | 712 | 883 | 20% |
| Price | $420.0K | $420.0K | 50% |
| Price per sq ft | $293 | $281 | 60% |
| Built year | 2021 | 2023 | 40% |
| HOA | $275 | $158 | 80% |
| Days on market | 24 | 749 | 20% |
Mar 29, 2026
$419,990
Initial Listing