324 E ARABIAN Drive, Gilbert, AZ 85296, Gilbert, 85296 - 3 bed, 3 bath
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324 E ARABIAN Drive
Gilbert, AZ 85296
ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,582Sq Ft
6,303Lot Size
Property Price
LIST PRICE$669,000
EST. MARKET VALUE
$668,364
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $669,000—positioned slightly above the $668,364 Fair Market Value. While priced at market stability, the home features an Excellent Condition Rating with a Granite Kitchen, Private Pool, and an Exceptional Greenbelt Setting. The property offers a rare lifestyle blend of privacy and proximity to Downtown Gilbert. With its move-in ready status and premium outdoor amenities, this home is an ideal acquisition for Owner-Occupants or lifestyle-focused buyers seeking a high-quality, low-maintenance sanctuary.
Estimated Market Value
$668,364
Based on Realkey algorithm analyzing recent comparable sales in Gilbert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 324 E ARABIAN Drive Subject | $669,000* List Price | 3 | 3 | 2,582 | $259 | - |
A 418 S BURK Street Sold | $700,000 | 5 | 3 | 2,726 | $257 | 0.4 mi |
B 278 E SAGEBRUSH Street Sold | $595,000 | 4 | 2 | 2,262 | $263 | 0.3 mi |
C 1224 S CORRINE Drive Sold | $495,000 | 3 | 2 | 1,825 | $271 | 0.6 mi |
D 240 E GAIL Court Sold | $575,000 | 4 | 3 | 2,439 | $236 | 0.8 mi |
E 629 E ORCHID Lane Sold | $665,000 | 4 | 3 | 3,023 | $220 | 1.0 mi |
F 149 E GAIL Drive Sold | $660,000 | 5 | 3 | 2,621 | $252 | 0.9 mi |
G 240 E Gail Court Sold | $575,000 | 4 | 3 | 2,439 | $236 | 0.8 mi |
H 624 E SHEFFIELD Avenue Sold | $565,000 | 4 | 3 | 2,108 | $268 | 0.8 mi |
I 372 E ARABIAN Drive Active | $599,000 List Price | 4 | 3 | 2,530 | $237 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1994 but features a well-maintained, upgraded kitchen with granite countertops and stainless steel appliances. The home is move-in ready with hardwood and tile flooring, a private pool, and updated systems like reverse osmosis, placing it in the 5-15 year renovation category.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Greenbelt Setting
The property backs directly onto an expansive greenbelt with a playground, basketball court, and canal access, providing rare privacy and immediate access to outdoor recreation.
- Outdoor Entertainment Oasis
A private pool, extended covered patio, and a primary suite balcony create a premium environment for outdoor living and entertaining in the Arizona climate.
- Prime Gilbert Location
Situated less than two miles from vibrant Downtown Gilbert, the home offers convenient access to top-tier dining, shopping, and major transportation corridors.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
With only three bedrooms for over 2,500 square feet of living space, the home may not meet the needs of larger families despite the inclusion of a loft and office.
- Potential Aging Systems
Built in 1994, the property may require upcoming capital investments for major systems such as the roof or HVAC if they have not been recently modernized.
About 324 E ARABIAN Drive
Beautiful two-story home in Settler's Point with a private pool and exceptional greenbelt setting! Block and wrought-iron fencing opens the backyard to expansive green space with a playground, basketball court, disc golf, picnic areas and canal access for walking, running and biking. Primary suite features a private balcony overlooking the pool and greenbelt. Inside you'll find two living areas, a wood-burning fireplace, tile and hardwood floors, upgraded kitchen, versatile loft, plus flexible office/library space. Covered extended patio and private pool create a fantastic space for entertaining. Reverse osmosis and whole-house water softener included. Excellent Gilbert location near shopping, dining and major roadways, less than 2 miles from vibrant Downtown Gilbert!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1994
- Lot Size
- 6,303 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $198 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,582 | 2,210.986 |
| Lot Size | 6,303 | 7,346.256 |
| Price | $669.0K | $598.8K |
| Price per sq ft | $259 | $280 |
| Built year | 1994 | 2003 |
| HOA | $198 | $224 |
| Days on market | 21 | 71 |
Pricing History
Listed for Sale
Aug 19, 2026
$669,000
Initial Listing