2989 E COMSTOCK Drive, Gilbert, AZ 85296, Gilbert, 85296 - 5 bed, 4 bath
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2989 E COMSTOCK Drive
Gilbert, AZ 85296
ACTIVE
CONDITION: FAIR
5Beds
4Baths
3,157Sq Ft
10,200Lot Size
Property Price
LIST PRICE$999,000
EST. MARKET VALUE
$917,643
8% AboveMARKET VALUE
SUMMARY
This Multi-Generational Residential Property represents a Strong Value Opportunity, listed at $999,000—positioned well below the $909,325 Fair Market Value by -9%. While the home carries a Fair Condition Rating due to original interior finishes, the 600 SF Guest Quarters, Owned Solar, and Resort-Style Backyard with a Heated Pool and Spa provide significant lifestyle utility. Located near top-rated schools like Greenfield Elementary, this home is an ideal acquisition for Owner-Occupants seeking flexible living space or Value-Add Investors looking to modernize a well-located asset.
Estimated Market Value
$917,643
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 |
|---|---|---|---|---|---|---|
★ 2989 E COMSTOCK Drive Subject | $999,000* List Price | 5 | 4 | 3,157 | $291 | - |
A 2925 E MARLENE Drive Active | $899,000 List Price | 4 | 3 | 3,040 | $296 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 2005, making it 21 years old. While the exterior and backyard have been updated with new tile and owned solar, the kitchen and bathrooms feature original cabinetry and finishes that are over 20 years old. Per the criteria, homes over 20 years with dated interiors are classified as Fair, despite being well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Greenfield Elementary School (9/10).
- Multi-Generational Living
The property features a rare 600 SF attached guest suite with a private entrance, offering exceptional flexibility for extended family, long-term guests, or a professional home office setup.
- Energy Efficiency
The inclusion of an owned solar system provides a significant financial advantage by drastically reducing monthly utility expenses, a high-value asset in the Arizona climate.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3157, other record living area = 2880.
- High School Rating and Distance
While the elementary and junior high schools are highly rated and close by, the designated high school is over 6 miles away and carries a significantly lower rating (4/10).
- Association Costs
The $429 association fee represents a higher recurring carrying cost compared to many other residential subdivisions in Gilbert, which may impact the budget for some buyers.
About 2989 E COMSTOCK Drive
Set along the picturesque, tree-lined streets of Higley Estates at Morrison Ranch, this spacious home offers an exceptional blend of comfort, flexibility, and Arizona living. The thoughtfully designed floor plan includes approximately 600 SF of attached guest quarters with a separate entrance, ideal for extended family, guests, a home office, or additional living space. Owned solar provides the benefit of significantly reduced energy costs, while the resort style backyard is designed for year-round enjoyment with a heated pool and spa, outdoor kitchen, fireplace, and newly installed tiles perfect for a lounge area. With generous living spaces, a highly desirable neighborhood setting, and an outdoor retreat built for both relaxing and entertaining, this Higley Estates home truly has it all.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 10,200 Sq. Ft.
Interior
- Total Bedrooms
- 5
- 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 • 0.6 mi
9/10
Highland Park Elementary School
Grades PK-6 • 0.9 mi
8/10
Towne Meadows Elementary School
Grades PK-6 • 1.9 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,157 | 2,210.986 |
| Lot Size | 10,200 | 7,346.256 |
| Price | $999.0K | $598.8K |
| Price per sq ft | $316 | $280 |
| Built year | 2005 | 2003 |
| HOA | $429 | $224 |
| Days on market | 40 | 71 |
Pricing History
Listed for Sale
Jul 31, 2026
$999,000
Initial Listing