314 W PINON Avenue, Gilbert, AZ 85233, Gilbert, 85233 - 3 bed, 2 bath
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Gilbert, AZ 85233
This property presents a High-Potential Investment Opportunity with a List Price of $410,000—positioned well below the $417,125 Fair Market Value by 1.7%. This valuation gap offers $7,125 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a comprehensive rehab of finishes and systems. The large corner lot, private diving pool, and RV gate provide significant value-add potential. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 314 W PINON Avenue Subject | $410,000* List Price | 3 | 2 | 1,236 | $306 | - |
A 938 N EVERGREEN Court Active | $425,000 List Price | 3 | 2 | 1,323 | $321 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1975 (51 years old), the property appears to be in mostly original condition. The kitchen and bathrooms feature dated cabinetry and fixtures, while the interior shows 1970s-era wood paneling, popcorn ceilings, and older flooring. Although functional and clean, the age of the home and lack of significant renovations suggest it requires a comprehensive rehab of finishes and likely major systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8534, living area = 1236.
The property is ideally situated just minutes from Downtown Gilbert, providing residents with convenient access to a vibrant selection of restaurants, shopping, and entertainment.
The home features a private diving pool, an RV gate, and a large corner lot, all without the restrictions or monthly costs of a Homeowners Association.
Built in 1975, the property may require updates to major systems and cosmetic finishes to meet the expectations of modern buyers.
At 1,236 square feet, the interior living space is relatively small for a three-bedroom home, which may be a constraint for those seeking a more spacious layout.
Welcome to this charming and spacious home in the highly sought-after La Vida Serena Estates! Situated on a large corner lot with no HOA, this well-maintained 3-bedroom, 2-bath residence offers endless potential for its next owner to make it their own. Enjoy Arizona living at its best with a sparkling diving pool, RV gate, and plenty of outdoor space for entertaining, recreation, or storage. Inside, you'll find a comfortable and functional floor plan with generous living spaces and abundant natural light. The fantastic location puts you just minutes from Downtown Gilbert, where you'll enjoy an array of popular restaurants, entertainment venues, shopping destinations, and scenic biking and walking trails. This property offers exceptional value. Don't miss your chance to make this wonderful home yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,236 | - |
| Lot Size | 8,534 | - |
| Price | $410.0K | $554.5K |
| Price per sq ft | $332 | $287 |
| Built year | 1975 | 0 |
| HOA | $0 | $0 |
| Days on market | 33 | 2717 |
Jun 19, 2026
$410,000
Initial Listing