2968 E APPALOOSA Road, Gilbert, AZ 85296, Gilbert, 85296 - 4 bed, 4 bath
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2968 E APPALOOSA Road
Gilbert, AZ 85296
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
4,393Sq Ft
8,125Lot Size
Property Price
LIST PRICE$1,350,000
EST. MARKET VALUE
$1,225,961
10% AboveMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home in Morrison Ranch is listed at $1,399,900, reflecting a premium position relative to its $1,286,126 Fair Market Value. Featuring a 4,393 sqft floor plan with a dedicated office and designer finishes, the property maintains an Excellent Condition Rating. Residents enjoy proximity to top-rated Greenfield Elementary (9/10) and immediate access to Appaloosa Park. While the list price exceeds the current estimation, the home’s superior build quality and prime corner lot offer long-term stability. This is an ideal sanctuary for growing families or discerning professionals seeking a turnkey lifestyle.
Estimated Market Value
$1,225,961
Based on Realkey algorithm analyzing recent comparable sales in Gilbert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2968 E APPALOOSA Road Subject | $1,350,000* List Price | 4 | 4 | 4,393 | $279 | - |
A 2996 E AGRITOPIA Loop N Sold | $1,000,000 | 4 | 3 | 3,714 | $269 | 0.9 mi |
B 3740 E SAGEBRUSH Street Sold | $1,025,000 | 4 | 3 | 3,461 | $296 | 1.0 mi |
C 2935 E CATHY Drive Sold | $970,000 | 5 | 3 | 3,892 | $249 | 0.6 mi |
D 3672 E ARABIAN Drive Sold | $1,200,000 | 4 | 3 | 3,461 | $347 | 0.9 mi |
E 2942 E Appaloosa Road Pending | $1,049,990 List Price | 5 | 4 | 3,786 | $277 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2016, this 10-year-old home is in mint condition and features modern designer finishes. The kitchen and bathrooms are contemporary with white shaker cabinetry and stone countertops, and the flooring consists of high-end wide-plank wood and clean carpeting. Systems are relatively new, and the property is move-in ready with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Greenfield Elementary School (9/10).
- Prime Location and Lot Position
Situated on a premium corner lot directly adjacent to Appaloosa Park in the highly coveted Morrison Ranch, offering immediate access to green belts and enhanced privacy with fewer neighbors.
- Expansive and Flexible Layout
With nearly 4,400 square feet of living space including a dedicated office and a large loft, this 2016 build provides the versatile floor plan required for modern multi-generational living or remote work.
CONSRISKS & DEFICIENCIES
- High Building-to-Lot Ratio
The large 4,393 square foot home occupies a significant portion of the 8,125 square foot lot, resulting in a smaller backyard space that may limit options for extensive outdoor amenities or large private pools.
- Secondary School Rating
While the elementary and junior high schools are top-rated (9/10 and 7/10), the assigned high school has a lower rating of 6/10, which may be a consideration for families prioritizing long-term educational consistency.
About 2968 E APPALOOSA Road
Welcome to Morrison Ranch, one of Gilbert's most sought-after communities! Ideally situated on a premium corner lot adjacent to Appaloosa Park, this beautifully appointed home offers 4 bedrooms, 3.5 bathrooms, a spacious loft, and a large dedicated office, providing exceptional flexibility for today's lifestyle. From the moment you step inside, you'll appreciate the thoughtfully designed interior featuring elegant designer touches, tray ceilings, and timeless finishes that create a warm yet sophisticated atmosphere. The open and functional floor plan is ideal for both everyday living and entertaining, with generous living spaces and abundant natural light throughout. Enjoy the charm of tree-lined streets, scenic walking paths, and neighborhood parks, basketball court, volleyball court, and
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2016
- Lot Size
- 8,125 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $429 / Month
Neighborhood Insights
Gilbert Unified Schools
Greenfield Elementary School
Grades PK-6 • 1.0 mi
9/10
Highland Park Elementary School
Grades PK-6 • 1.4 mi
8/10
Towne Meadows Elementary School
Grades PK-6 • 2.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 4,393 | 2,210.986 |
| Lot Size | 8,125 | 7,346.256 |
| Price | $1.35M | $598.8K |
| Price per sq ft | $307 | $280 |
| Built year | 2016 | 2003 |
| HOA | $429 | $224 |
| Days on market | 27 | 71 |
Pricing History
Listed for Sale
Aug 21, 2026
$1,350,000
$1,399,900
-4% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$1,399,900
Initial Listing