3015 E PACKARD Drive, Gilbert, AZ 85298, Gilbert, 85298 - 5 bed, 3 bath
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Gilbert, AZ 85298
This Former Model Home is a High-Potential Investment Opportunity, listed at $724,900—positioned well below the $849,355 Fair Market Value by 14%. This valuation gap offers $124,455 in Instant Equity for buyers. Boasting a Well-Maintained Condition Rating, the residence features a Granite Kitchen, Private Pool, and Mountain Views. Located just 0.25 miles from the 9/10 rated Chandler Traditional Academy-Freedom, it balances lifestyle luxury with financial upside. This is an exceptional find for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3015 E PACKARD Drive Subject | $724,900* List Price | 5 | 3 | 3,433 | $247 | - |
A 3405 E FLOWER Street Sold | $689,000 | 5 | 3 | 2,880 | $239 | 0.5 mi |
B 3405 E FLOWER Street Sold | $689,000 | 5 | 3 | 2,780 | $248 | 0.5 mi |
C 2813 E MUIRFIELD Street Sold | $525,000 List Price | 4 | 3 | 2,871 | 0.9 mi | |
D 3300 E ANIKA Drive Sold | $875,000 | 4 | 5 | 4,120 | $212 | 0.4 mi |
E 6251 S MOCCASIN Trail Active Under Contract | $707,000 List Price | 5 | 4 | 3,090 | $229 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready, falling within the 10-20 year age range (built 2005). The kitchen features granite countertops and stainless steel appliances, and while the oak cabinetry and carpet are somewhat dated, they appear to be in good condition. As a former model home, it retains quality architectural features and a functional layout with no immediate major repairs evident.
Elementary School: Chandler Traditional Academy-Freedom (9/10).
As a former model home with over 3,400 sqft, this property offers a spacious 5-bedroom floor plan including a large den, loft, and a massive master suite, perfect for growing families.
The backyard features a private pool and backs directly onto a walking path, providing enhanced privacy with no immediate rear neighbors and scenic mountain views.
Built in 2005, the interior may require cosmetic updates to meet modern design trends compared to newer constructions in the Gilbert area.
At nearly 20 years old, major components such as the roof, HVAC, and pool equipment may be nearing the end of their functional lifespan, potentially requiring near-term capital expenditure.
SELLER MOTIVATED Gorgeous 5 bedroom, 3 bath home a former Model home arranged so spacious, lots of room for a family, A beautiful backyard pool which backs up to a walking path. Has a tandem 3 car garage.with room for a workshop or lots of storage. Large den backs up to spacious kitchen. Master bedroom is huge. Loft upstairs. Neighborhood is very much in demand. This wont be here long. Come see it today!!
No exterior & parking available.
Grades PK-6 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,433 | 2,351 | 81% |
| Lot Size | 10,272 | 8,347.5 | 78% |
| Price | $724.9K | $519.5K | 75% |
| Price per sq ft | $211 | $259 | 41% |
| Built year | 2005 | 2006 | 45% |
| HOA | $156 | $255 | 30% |
| Days on market | 51 | 2499 | 1% |
Mar 3, 2026
$724,900
Initial Listing