
Gilbert, AZ 85296
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $599,900—positioned well above the $551,886 Fair Market Value by -8%. While priced above market, the property features a Condition Rating of 4, boasting recent structural upgrades like a new roof and energy-efficient windows. The 1/4-acre lot with RV parking and a climate-controlled detached shop provides rare utility. Located near Downtown Gilbert, this home is ideal for Owner-Occupants seeking lifestyle flexibility or hobbyists requiring significant storage and workspace.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30 E PALO VERDE Street Subject | $599,900* List Price | 4 | 2 | 1,962 | $281 | - |
A 222 E SILVER CREEK Road Sold | $599,900 | 3 | 2 | 2,432 | $247 | 0.2 mi |
B 101 S SILVERADO Street Sold | $600,000 List Price | 4 | 2 | 2,338 | 0.8 mi | |
C 649 E AVENIDA SIERRA MADRE -- Active | $585,000 List Price | 3 | 2 | 1,970 | $297 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, the property is over 40 years old. While it features significant recent system updates including a new roof, energy-efficient windows, and updated plank tile flooring, the kitchen and bathrooms remain dated with 1980s-style oak cabinetry and fluorescent light boxes. It is well-maintained and move-in ready, but requires cosmetic updates to the primary living areas to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12545, living area = 1962.
The oversized 1/4-acre lot features no HOA, RV parking with double gates, and a detached climate-controlled shop, offering rare flexibility for hobbyists and significant storage capacity.
Situated near the heart of Downtown Gilbert, the property provides immediate access to premier dining, shopping, and entertainment, significantly enhancing its lifestyle appeal and long-term value.
With 178 days on market despite a major price improvement, the property may face buyer skepticism regarding its value proposition or underlying condition compared to faster-moving inventory.
Built in 1981, the property may require further modernizing to compete with newer builds, and the local school ratings are moderate compared to other high-performing Gilbert districts.
Major price improvement! ¼-acre lot near Downtown Gilbert. No HOA! RV parking with double gates, 15' gravel access to rear, plus detached shop/garage has power & a/c--ideal for toys, trailers & work space. SPA for 4! Extended covered patios for outdoor living. Interior features plank tile flooring, open great room floor plan. Den, eat-in kitchen with breakfast bar, walk-in pantry. Shkylight. Large primary suite with double sinks, walk-in shower & closet. 3 additional bedrooms, full bath. All windows replaced recently with dual pain energy efficient. Security doors, Roof recent 2-car garage with full wall built in cabinets for additional storage, front paver brick patio. EZ to maintain desert front landscape. Near downtown dining, shopping, entertainment & City pool (low fee).& schools.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 6-8 • 0.5 mi
Grades 8-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,962 | - |
| Lot Size | 12,545 | - |
| Price | $599.9K | $554.5K |
| Price per sq ft | $306 | $287 |
| Built year | 1981 | 0 |
| HOA | $0 | $0 |
| Days on market | 190 | 2717 |
Jan 13, 2026
$599,900
Initial Listing