3056 E APPALOOSA Road, Gilbert, AZ 85296, Gilbert, 85296 - 5 bed, 5 bath
Loading property details...
Gilbert, AZ 85296
This Stunning Move-In Ready Home in Morrison Ranch is a Prime Investment Opportunity, listed at $875,000—positioned well below the $905,661 Fair Market Value by 3%. This valuation gap offers $30,661 in Instant Equity. Featuring an Excellent Condition Rating, this home includes a modern granite kitchen, owned solar with Tesla PowerWall, and is zoned for top-rated schools like Greenfield Elementary. This is an ideal acquisition for growing families or owner-occupants seeking a high-efficiency, turnkey residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3056 E APPALOOSA Road Subject | $875,000* List Price | 5 | 5 | 3,155 | $287 | - |
A 2901 E PINTO Drive N Sold | $850,000 List Price | 3 | 3 | 2,675 | 0.2 mi | |
B 2996 E AGRITOPIA Loop N Sold | $1,000,000 | 4 | 3 | 3,714 | $269 | 0.9 mi |
C 2858 E Spring Wheat Court Sold | $850,000 | 3 | 3 | 2,436 | $349 | 0.3 mi |
D 3437 E APPALOOSA Road Sold | $668,000 | 3 | 3 | 1,976 | $338 | 0.5 mi |
E 3494 E SPRING WHEAT Lane Active | $949,000 List Price | 5 | 5 | 3,156 | $301 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this 10-year-old property is in mint condition and meets the age criteria for excellent. It features a modern kitchen with granite counters and stainless steel appliances, updated bathrooms with a rain shower, and superior systems including owned solar, Tesla PowerWall, and an EV charger.
Elementary School: Greenfield Elementary School (9/10).
The property features fully owned solar panels, a Tesla PowerWall, and an EV charger, providing substantial utility savings and modern infrastructure without the burden of a lease or loan.
Situated in the highly desirable Morrison Ranch subdivision, the home is zoned for exceptional schools, including Greenfield Elementary (9/10) and Highland Park Elementary (8/10).
The 6,000 sqft lot is relatively small for a home of this square footage, which limits the private backyard space and outdoor recreational area.
The $438 association fee represents a significant recurring carrying cost that may impact the overall monthly affordability for some prospective buyers.
This beautiful two-story home in Morrison Ranch radiates comfort & elegance. 5 bedroom 4 bathrooms, Grassy front yard, stone façade & welcoming porch. Inside: plantation shutters, tile/carpet flooring, neutral paint, recessed lights & tall baseboards. Open den, cozy family room & oversized loft for entertainment. Eat-in kitchen w/ SS appliances, island/breakfast bar, granite counters & walk-in pantry. Spacious primary w/ lavish rain shower bath & dual vanity. All beds w/ walk-in closets; downstairs bed ideal as office. Holiday lighting, utility sink & laundry cabinetry. Private backyard w/ covered patio & grass. 3-car tandem garage. Low electric bills w/ owned solar (no loan/lease), Tesla PowerWall & EV charger!
No exterior & parking available.
Grades PK-6 • 1.1 mi
Grades PK-6 • 1.3 mi
Grades PK-6 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 3,155 | - |
| Lot Size | 6,000 | - |
| Price | $875.0K | $554.5K |
| Price per sq ft | $277 | $287 |
| Built year | 2016 | 0 |
| HOA | $438 | $0 |
| Days on market | 8 | 2717 |
Jul 14, 2026
$875,000
Initial Listing