2789 S BUTTE Lane, Gilbert, AZ 85295, Gilbert, 85295 - 4 bed, 3 bath
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Gilbert, AZ 85295
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $720,000—positioned well below the $724,517 Fair Market Value by 0.62%. This valuation gap offers $4,517 in Instant Equity for buyers. The property maintains a Good Condition Rating, featuring updated wood flooring and a functional layout. Located in the desirable Spectrum community near top-rated schools like Spectrum Elementary, this home is an ideal fit for Owner-Occupants or growing families seeking a prime Gilbert location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2789 S BUTTE Lane Subject | $720,000* List Price | 4 | 3 | 3,432 | $211 | - |
A 1310 E PARKVIEW Drive Active Under Contract | $710,000 List Price | 5 | 4 | 3,310 | $215 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004, the property is exactly 20 years old, meeting the 'Good' criteria. The home appears well-maintained and move-in ready with updated wood flooring throughout the main areas. While the bathrooms show original builder-grade oak cabinetry and dated finishes, the overall condition is functional and clean.
Situated in the highly desirable Spectrum community, the property offers exceptional proximity to SanTan Village, Downtown Gilbert, and high-performing local schools.
The home is positioned on a large corner lot that provides a uniquely private backyard and superior curb appeal compared to standard interior lots.
With over 3,400 sqft of living space, an extra-large 3-car garage, and oversized secondary bedrooms, the floor plan is perfectly suited for large families.
Built in 2004, the property may require capital investment for cosmetic updates or major system maintenance to align with contemporary luxury standards.
The $246 association fee represents an ongoing carrying cost that may impact the overall affordability for some prospective buyers.
Located in the highly sought-after Spectrum community in Gilbert, this exceptional home is just minutes from Downtown Gilbert's premier dining, shopping, and entertainment destinations, as well as SanTan Village and nearby theaters. Situated on a large, oversized corner lot, the property offers a uniquely private backyard--perfect for relaxing or entertaining. The home also features an extra-large 3-car garage and generously sized secondary bedrooms, a rare and highly desirable feature. The spacious kitchen is designed for both everyday living and entertaining, offering ample workspace and storage while opening seamlessly to the family room, creating an inviting and functional gathering space.
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades 7-8 • 1.3 mi
Grades 8-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,432 | 2,132.5 | 87% |
| Lot Size | 8,612 | 7,700 | 61% |
| Price | $720.0K | $0 | 89% |
| Price per sq ft | $210 | $0 | 56% |
| Built year | 2004 | 2003 | 55% |
| HOA | $246 | $129 | 88% |
| Days on market | 4 | 2804 | 1% |
Jun 2, 2026
$720,000
Initial Listing