3260 E MEAD Drive, Gilbert, AZ 85298, Gilbert, 85298 - 4 bed, 5 bath
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Gilbert, AZ 85298
This Expansive Family Estate is a Strong Value Opportunity, listed at $699,000—positioned well below the $756,107 Fair Market Value by 7%. This valuation gap provides $57,107 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the 4,120 sq. ft. layout features soaring ceilings, a dedicated office, and a mountain view. The low-maintenance backyard includes a built-in grill and fireplace near Chandler Regional Park. This is an ideal acquisition for Owner-Occupants seeking significant scale or Buy-and-Hold Investors looking for a high-performing asset in Gilbert.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3260 E MEAD Drive Subject | $699,000* List Price | 4 | 5 | 4,120 | $184 | - |
A 3300 E ANIKA Drive Sold | $875,000 | 4 | 5 | 4,120 | $212 | 0.1 mi |
B 3164 E Tonto Drive Active | $854,900 List Price | 6 | 5 | 4,115 | $208 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property is well-maintained and move-in ready, fitting the 10-20 year age criteria for a 'good' rating. The kitchen features granite countertops and stainless steel appliances, though the honey-oak cabinetry and certain light fixtures are original to the home and may eventually require cosmetic modernization. The flooring appears updated or very well-kept, and the overall structure shows no signs of deferred maintenance.
Boasting over 4,100 square feet, this home offers a highly functional layout including a dedicated office, a large loft with built-in workspaces, and soaring ceilings that create an open, airy atmosphere.
The primary retreat serves as a true oasis, featuring a private sitting area, dual walk-in closets, and a spa-like ensuite bathroom with a soaking tub and separate shower.
The property features a charming courtyard and a backyard equipped with a built-in grill and fireplace, perfectly situated near Chandler Regional Park's extensive recreational amenities.
The large footprint of the home on a 9,457 sqft lot results in a 'low maintenance' backyard that may lack the expansive lawn area desired by some families or pet owners.
Built in 2006, the interior finishes and architectural details may require modernization to align with the contemporary luxury standards expected in the Gilbert market.
Welcome to this stunning 4-bedroom, 4.5-bathroom home in Marbella Vineyards offering perfect blend of comfort, and convenience. The spacious and inviting living areas feature soaring ceilings and stacked stone features creating a warm and airy ambiance throughout the home. The formal dining room and charming courtyard are perfect for entertaining and creating lasting memories with friends and family. A versatile office space is ideal for those who work from home or need a quiet place to focus. The heart of the home is the well-appointed kitchen, complete with pantry, ample storage space, and center island. The kitchen overlooks both the cozy den and large family room. Upstairs, you'll discover a large loft with built in desk perfect for work, study, or hobbies. The primary suite boasts a large sitting area, his & hers walk-in closets, and a luxurious ensuite bathroom with dual sinks, a soaking tub, and a separate shower providing the perfect oasis. Low maintenance backyard featuring built-in grill and fireplace--perfect for relaxing or entertaining. Children's playground located at the end of the street and near Chandler Regional Park with pickleball, tennis, splash pad, basketball and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 95% |
| Square foot | 4,120 | 2,351 | 93% |
| Lot Size | 9,457 | 8,347.5 | 67% |
| Price | $699.0K | $519.5K | 74% |
| Price per sq ft | $170 | $259 | 40% |
| Built year | 2006 | 2006 | 50% |
| HOA | $345 | $258 | 57% |
| Days on market | 35 | 2499 | 1% |
Mar 19, 2026
$699,000
Initial Listing