
Gilbert, AZ 85297
This Luxury Resort-Style Residence is a High-Potential Investment Opportunity, listed at $1,350,000—positioned well below the $1,524,448 Fair Market Value by 11%. This valuation gap provides $174,448 in Instant Equity. Boasting a Good Condition Rating, the home features a resort-style backyard with a pool, spa, and putting green on a massive 20,434 sqft lot. Located near top-rated 9/10 schools like Higley High, it offers rare casita expansion potential. This is an elite acquisition for Owner-Occupants or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2971 E ORIOLE Drive Subject | $1,350,000* List Price | 4 | 4 | 3,984 | $383 | - |
A 2782 E WATERMAN Street Sold | $1,637,500 | 4 | 4 | 3,803 | $431 | 0.9 mi |
B 2782 E WATERMAN Street Sold | $1,637,500 | 4 | 4 | 3,807 | $430 | 0.9 mi |
C 2924 E ATHENA Avenue Active | $1,100,000 List Price | 4 | 5 | 4,042 | $272 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property is in move-in ready condition and falls within the 10-20 year age bracket for a 'good' rating. The interior features high-quality materials such as travertine flooring, granite countertops, and stainless steel appliances that have been well-maintained. While the dark wood cabinetry and tumbled stone backsplash reflect the original construction style rather than a recent modern renovation, the overall quality, functional layout, and extensive resort-style backyard amenities justify a high-tier 'good' score.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20434, living area = 3984.
Middle School: Sossaman Middle School (9/10). High School: Higley High School (9/10).
The backyard is a true masterpiece featuring a large pool, spa, putting green, custom firepit, and a massive ramada with a built-in BBQ, offering an unparalleled entertainment space.
Built in 2007, the home may require cosmetic updates or mechanical system refreshes to compete with the ultra-modern finishes found in newer luxury developments in Gilbert.
The extensive outdoor amenities and large 20,000+ square foot lot will require a substantial ongoing commitment to landscaping, pool maintenance, and utility costs.
Welcome to your private oasis in the Stratland Shadows community of Gilbert. This exquisite single story residence perfectly blends sophisticated luxury with functional design, featuring a desirable split floor plan with 4 bedrooms and 3.5 baths. Also featuring a versatile flex space that provides the perfect retreat for work or play. The interior transitions seamlessly to a backyard masterpiece designed for world-class entertaining. Immerse yourself in the large sparkling pool and spa, sharpen your game on the putting green, or gather around the custom firepit. The massive ramada serves as an outdoor living room, complete with a built in BBQ and TV setup. Whether hosting fun soirées or enjoying the Arizona sunsets, this home offers an unparalleled lifestyle on a premium corner lot! There is plenty of space for an easy casita addition to the home. The home was built with that as an option.
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades 7-8 • 2.8 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 83% |
| Square foot | 3,984 | 2,408 | 96% |
| Lot Size | 20,434 | 7,700 | 94% |
| Price | $1.35M | $450.0K | 96% |
| Price per sq ft | $339 | $215 | 92% |
| Built year | 2007 | 2004 | 64% |
| HOA | $169 | $200 | 42% |
| Days on market | 26 | 2392 | 1% |
Mar 27, 2026
$1,350,000
Initial Listing