2973 E SANTA FE Lane, Gilbert, AZ 85297, Gilbert, 85297 - 4 bed, 3 bath
Loading property details...
Gilbert, AZ 85297
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $670,000—positioned well below the $704,909 Fair Market Value by 4%. This valuation gap provides $34,909 in Instant Equity. Boasting an Excellent Condition Rating, the home features extensive 2024 updates including new HVAC units, fresh paint, and a granite kitchen with a gas cooktop. Residents enjoy mountain views and access to top-rated schools like Higley High (9/10) and Sossaman Middle (9/10). This is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or Buy-and-Hold Investors targeting a high-demand district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2973 E SANTA FE Lane Subject | $670,000* List Price | 4 | 3 | 2,439 | $289 | - |
A 2960 E DERRINGER Way Sold | $625,000 | 4 | 3 | 2,758 | $227 | 1.0 mi |
B 2960 E DERRINGER Way Sold | $625,000 | 4 | 3 | 2,758 | $227 | 1.0 mi |
C 2944 E MELROSE Street Sold | $665,000 | 4 | 3 | 2,546 | $261 | 0.2 mi |
D 2260 E WARBLER Road Sold | $800,000 | 5 | 3 | 2,595 | $308 | 0.9 mi |
E 2944 E MELROSE Street Sold | $665,000 | 4 | 3 | 2,546 | $261 | 0.2 mi |
F 3798 S SETON Avenue Active | $650,000 List Price | 5 | 2 | 2,323 | $280 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property qualifies as excellent due to extensive 2024 renovations that address both aesthetic and major mechanical components. Built in 2011, the home has been recently updated with new HVAC units and ductwork, fresh interior and exterior paint, and new tile flooring in the primary suite and living areas. The kitchen is modern and move-in ready, featuring refinished white cabinetry, granite countertops, and stainless steel appliances. With no deferred maintenance and high-quality finishes throughout, it meets the highest standards for its age.
Middle School: Sossaman Middle School (9/10). High School: Higley High School (9/10).
The property features major 2024 updates including new HVAC units and ductwork, fresh interior/exterior paint, and new flooring, offering peace of mind and reduced immediate maintenance costs for the buyer.
Zoned for top-rated schools including Higley High and Sossaman Middle (both rated 9/10), this home is situated in a premier location that is highly attractive for families.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2439, other record living area = 2242.
The $330 association fee represents a significant recurring cost that may impact the monthly carry for some buyers compared to neighboring communities with lower dues.
Despite the large lot and the hot Arizona climate, the backyard lacks a private swimming pool, which is a highly sought-after feature for homes in this price bracket in Gilbert.
Discover comfort in this beautifully maintained home in the highly sought after Stratland Estates in Gilbert, Arizona. Featuring upgrades throughout, this spacious open floor plan offers abundant natural light and modern finishes. The kitchen includes stainless steel appliances, granite countertops, and a gas cooktop. With four bedrooms plus a den and 2.5 bathrooms, there's plenty of room to live and entertain. The large backyard offers a covered patio ideal for relaxing or dining outdoors. Located near top-rated schools, shopping, dining, and entertainment. Recent updates include new tile in the primary suite, living room, North and East bedrooms, New HVAC units and ductwork in 2024, fresh interior and exterior paint, epoxy garage floors, refinished white cabinetry, and new exterior gates
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades 7-8 • 2.9 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,439 | 2,408 | 50% |
| Lot Size | 8,310 | 7,700 | 63% |
| Price | $670.0K | $450.0K | 79% |
| Price per sq ft | $275 | $215 | 78% |
| Built year | 2011 | 2004 | 71% |
| HOA | $330 | $214 | 90% |
| Days on market | 56 | 2392 | 1% |
Feb 25, 2026
$670,000
Initial Listing