2871 E MORGAN Drive, Gilbert, AZ 85295, Gilbert, 85295 - 4 bed, 2 bath
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Gilbert, AZ 85295
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $500,000—positioned well below the $526,743 Fair Market Value by 5%. This valuation gap provides $26,743 in Instant Equity. With an Excellent Condition Rating, the home features a newly remodeled kitchen and RV-friendly HOA. Located near top-rated schools like Williams Field High, this property offers a rare blend of lifestyle utility and financial stability. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2871 E MORGAN Drive Subject | $500,000* List Price | 4 | 2 | 1,647 | $320 | - |
A 2509 E ERIE Court Sold | $599,000 List Price | 3 | 2 | 1,892 | 0.5 mi | |
B 3248 E JOSEPH Way Sold | $510,000 | 4 | 3 | 1,760 | $290 | 0.7 mi |
C 3248 E JOSEPH Way Sold | $510,000 | 4 | 3 | 1,760 | $290 | 0.7 mi |
D 2431 E Shannon Street Sold | $525,000 List Price | 3 | 2 | 1,842 | 0.9 mi | |
E 2650 E DENNISPORT Avenue Pending | $580,000 List Price | 4 | 3 | 1,825 | $318 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2003, the property qualifies for excellent condition due to a newly remodeled kitchen (<5 years) featuring quartz-style counters and subway tile, updated wood-look flooring, and modern interior paint and bathroom refreshes. The home appears to be in mint, move-in ready condition with no immediate maintenance visible.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9375, living area = 1647.
The property features a rare HOA allowance for RVs, boats, and trailers to be visible above common walls, complemented by an RV gate and extra slab parking for maximum utility.
A newly updated kitchen with white cabinetry, quartz-style countertops, and a subway tile backsplash provides a contemporary, move-in-ready aesthetic that appeals to modern buyers.
With four bedrooms and a bonus room configured within 1,647 square feet, the individual room sizes and common areas may feel constrained for larger families.
Built in 2003, the home is approaching a 25-year milestone where original high-ticket items like the roof or HVAC system may soon require significant maintenance or replacement.
Welcome to easy single-level living in Gilbert's Crossroads community near Williamsfield and Higley, with an RV gate and extra slab parking. RARE HOA allows RV's, Boats, and Trailers to show above common walls! Inside, vaulted ceilings and wood-look flooring set an open, easy-flow tone through the family room and a versatile bonus room with a bold teal shiplap accent wall, ideal for a media room or playroom. The newly remodeled kitchen offers white cabinetry, quartz-style counters, subway tile backsplash, and a stainless-and-black appliance suite, open to the main living space. The primary suite offers a full bath and walk-in closet. Out back, a covered patio overlooks a spacious (almost .25 acre) yard with room for a play set and trampoline, backed by block-wall privacy.
No exterior & parking available.
Grades K-8 • 0.8 mi
Grades 7-8 • 2.1 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,647 | - |
| Lot Size | 9,375 | - |
| Price | $500.0K | $554.5K |
| Price per sq ft | $304 | $287 |
| Built year | 2003 | 0 |
| HOA | $70 | $0 |
| Days on market | 14 | 2717 |
Jul 8, 2026
$500,000
Initial Listing