
Gilbert, AZ 85295
This Turnkey Investment Asset is a High-Potential Investment Opportunity, listed at $565,000—positioned well below the $642,353 Fair Market Value by 12%. This valuation gap offers $77,353 in Instant Equity. Maintaining a Condition Rating of 3, the residence features a Private Pool, Granite Kitchen, and a versatile loft. With a tenant in place through February 2027 and proximity to Top-Rated Spectrum Elementary, this property guarantees immediate rental income and long-term stability. It is perfectly suited for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3078 S SOUTHWIND Drive Subject | $564,000* List Price | 4 | 3 | 2,536 | $229 | - |
A 1096 E PARKVIEW Court Sold | $490,000 | 4 | 3 | 2,430 | $202 | 0.4 mi |
B 1702 E JOSEPH Way Sold | $450,000 | 4 | 4 | 2,102 | $214 | 0.8 mi |
C 1224 E JULIAN Drive Sold | $495,000 | 3 | 3 | 2,092 | $237 | 0.2 mi |
D 1702 E JOSEPH Way Sold | $450,000 | 4 | 4 | 2,102 | $214 | 0.8 mi |
E 1519 E ELGIN Street Active | $455,900 List Price | 3 | 3 | 1,692 | $269 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004, this property is well-maintained and move-in ready, fitting the 20-year age criteria for a 'good' rating. The interior features updated wood-look flooring, granite countertops, and stainless steel appliances. While some elements like the tile and certain fixtures appear original to the build date, the home is described as turnkey and rent-ready with functional systems and a clean aesthetic.
The property features a tenant in place through February 2027, offering immediate rental income and a seamless transition for investors seeking a hands-off acquisition.
The backyard is well-equipped for the Arizona climate, featuring both a private swimming pool and a covered patio, which are high-demand features for the Gilbert market.
With over 2,500 square feet of living space including a large upstairs loft and multiple living areas, the home provides excellent flexibility for remote work or secondary family spaces.
The long-term lease agreement through early 2027 prevents traditional owner-occupants from moving in, significantly narrowing the potential buyer pool to investors only.
The 3,777-square-foot lot is relatively small for a home of this size, resulting in a high building-to-lot ratio and limited yard space surrounding the pool area.
Located in Gilbert's highly sought-after Spectrum at Val Vista, this beautifully maintained 2-story home offers an exceptional lifestyle in one of the area's most desirable communities. Just minutes from SanTan Village shopping, dining, entertainment, top-rated schools, parks & easy Loop 202 access. Light-filled open floorplan features formal living, separate family room & spacious upstairs loft ideal for office/game room. Kitchen offers granite counters, center island w/ breakfast bar, stainless steel appliances, ample cabinetry & pantry. Primary suite includes dual sinks, soaking tub & walk-in closet. Private backyard w/ covered patio & sparkling pool perfect for year-round Arizona living.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 7-8 • 1.3 mi
Grades 8-12 • 1.1 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 | 2,536 | 2,136 | 66% |
| Lot Size | 3,777 | 7,491 | 13% |
| Price | $564.0K | $410.0K | 76% |
| Price per sq ft | $222 | $214 | 54% |
| Built year | 2004 | 2004 | 50% |
| HOA | $312 | $125 | 92% |
| Days on market | 20 | 2472 | 1% |
Apr 16, 2026
$564,000
$565,000
+0% Price Increase
Initial Listing
Apr 2, 2026
$565,000
Initial Listing