294 S IRONWOOD Street, Gilbert, AZ 85296, Gilbert, 85296 - 4 bed, 2 bath
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Gilbert, AZ 85296
This Fully Remodeled Turnkey Residence represents a High-Potential Investment Opportunity, with a List Price of $825,000—positioned well below the $978,289 Fair Market Value by 15%. This valuation gap offers $153,289 in Instant Equity. Featuring a Condition Rating of 2, the home includes a quartzite kitchen, new roof, and a resort-style backyard with a pool and spa. Located near Historic Downtown Gilbert, it perfectly balances lifestyle luxury with immediate financial upside. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors seeking a high-end, maintenance-free asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 294 S IRONWOOD Street Subject | $825,000* List Price | 4 | 2 | 2,274 | $430 | - |
A 462 E PINTO Drive Sold | $599,000 | 4 | 2 | 2,310 | $259 | 0.6 mi |
B 278 E SAGEBRUSH Street Sold | $595,000 | 4 | 2 | 2,262 | $263 | 0.4 mi |
C 756 E PALOMINO Drive Sold | $653,000 | 5 | 3 | 2,220 | $294 | 0.6 mi |
D 230 E ARABIAN Drive Sold | $800,000 | 5 | 3 | 2,735 | $293 | 0.6 mi |
E 249 E PALOMINO Court Sold | $770,000 | 5 | 3 | 2,735 | $282 | 0.5 mi |
F 681 E RANCH Road Active Under Contract | $589,000 List Price | 4 | 2 | 1,963 | $300 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive and high-end renovation within the last 5 years, featuring a modern kitchen with quartzite countertops and ceiling-height cabinetry. Bathrooms are fully updated with contemporary tile work and frameless glass showers. Additionally, major systems including the roof, windows, and insulation have been recently replaced, and the interior features consistent modern flooring and fixtures throughout.
Situated in the desirable Farmhouse Meadows, this home offers exceptional lifestyle appeal with its close proximity to the canal path and the vibrant dining, shopping, and entertainment of Historic Downtown Gilbert.
The property is move-in ready with high-end interior finishes like quartzite countertops and ceiling-height cabinetry, complemented by major capital improvements including a new roof, windows, and enhanced insulation.
The private outdoor oasis is perfectly designed for Arizona living, featuring a pool, spa, built-in BBQ area, and a covered patio, providing a premium space for entertaining.
The assigned public schools carry ratings of 4 and 5 out of 10, which may be a drawback for families specifically seeking the highest-rated educational districts in the East Valley.
With the pool, spa, and extensive hardscaping occupying much of the 7,693 sqft lot, there is minimal remaining green space for traditional lawn activities or large pets.
Welcome to your fully remodeled home inside Farmhouse Meadows near Historic Downtown Gilbert's restaurants, shopping, and entertainment and just steps from the canal path entrance--perfect for morning walks and biking. This 3+ bedroom, 2-bath home offers both a great room and separate family room, creating flexible living and entertaining space. The updated kitchen features quartzite countertops, ceiling-height cabinetry, oversized island, and gas range. Major upgrades include new roof, windows, and insulation for improved comfort and efficiency. The primary suite includes a soaking tub for a relaxing retreat. Enjoy a private backyard oasis with pool, spa, BBQ area, and covered patio, ideal for outdoor dining, entertaining, and year-round Arizona living. Don't miss out on this gem!
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 6-8 • 0.8 mi
Grades 8-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 43% |
| Square foot | 2,274 | 2,089.5 | 59% |
| Lot Size | 7,693 | 6,821 | 63% |
| Price | $825.0K | $445.0K | 91% |
| Price per sq ft | $363 | $232 | 94% |
| Built year | 1997 | 2001 | 34% |
| HOA | $700 | $140 | 98% |
| Days on market | 48 | 2528 | 1% |
Mar 6, 2026
$825,000
Initial Listing
Feb 5, 1998
$169,761
Public Record