311 W SHANNON Street, Gilbert, AZ 85233, Gilbert, 85233 - 4 bed, 3 bath
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Gilbert, AZ 85233
This Modernized Gilbert Residence is a Strong Value Opportunity, listed at $698,800—positioned well below the $722,548 Fair Market Value by 3%. This valuation gap offers $23,748 in Instant Equity. Boasting a Mint Condition Rating, the home features a Modernized Gourmet Kitchen with quartz counters and a Private Backyard Spa. Located near the top-rated Perry High School (9/10), it balances high-end lifestyle upgrades with immediate financial upside. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors looking for a high-equity asset.
Property is new construction or fully renovated.
While built in 1995, the home has undergone a high-end renovation within the last 5 years. The kitchen is fully modernized with quartz countertops, white cabinetry, and stainless steel appliances, complemented by contemporary wood-look flooring and updated fixtures throughout, placing it in mint, move-in-ready condition.
High School: Perry High School (9/10).
The kitchen features high-end updates including quartz countertops, white cabinetry with black hardware, a farmhouse sink, and designer pendant lighting, offering a contemporary and move-in-ready aesthetic.
With nearly 2,800 sqft, soaring vaulted ceilings, and a dedicated den with French doors, the home provides ample space for both large families and professional work-from-home needs.
While the elementary and high schools are highly rated (8 and 9 respectively), the assigned middle school has a significantly lower rating of 4, which may concern education-focused buyers.
Built in 1995, the property may soon require capital improvements for major systems such as the roof or HVAC if they have not been replaced recently to match the interior updates.
This stunning 2-story, 4-bed Gilbert home delivers the space and lifestyle buyers are searching for. The 3-car garage, mature shade trees, and lush front lawn make a strong first impression. Inside, soaring vaulted ceilings and wood-look flooring anchor a light-filled living room that flows into the family room with a cozy fireplace. The updated kitchen features quartz counters, white cabinetry with black hardware, a large island with a farmhouse sink and designer pendant lighting, breakfast nook, walk-in pantry, and stainless steel appliances. French doors open to a private den or home office. The spacious primary suite boasts a soaking tub and walk-in closet. Out back, enjoy a covered patio, large grass yard, spa, and hammock area perfect for Arizona evenings. Gilbert living at its best.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 2.2 mi
Grades 8-12 • 4.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 2,779 | 1,963 | 84% |
| Lot Size | 7,693 | 7,148.5 | 61% |
| Price | $698.8K | $446.0K | 89% |
| Price per sq ft | $251 | $233 | 51% |
| Built year | 1995 | 1994 | 55% |
| HOA | $150 | $102 | 62% |
| Days on market | 5 | 2273 | 1% |
Apr 17, 2026
$698,800
Initial Listing