
Gilbert, AZ 85298
This Stunning Remodeled Luxury Estate is a High-Potential Investment Opportunity, listed at $2,450,000—positioned well below the $2,531,416 Fair Market Value by 3%. This valuation gap offers $81,416 in Instant Equity for a property in Top-Tier Condition. Featuring a resort-style backyard with a pool, spa, and mountain views, the home is situated near top-rated schools including Riggs Elementary and Basha High. This move-in-ready sanctuary in the gated Portofino community is ideal for Luxury Home Seekers or Owner-Occupants prioritizing lifestyle and immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3296 E VALLEJO Court Subject | $2,395,000* List Price | 6 | 5 | 5,629 | $433 | - |
A 2726 E VIA DEL ARBOLES Street Active | $1,700,000 List Price | 4 | 5 | 4,618 | $368 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive, high-end professional remodel within the last 5 years, featuring a showpiece kitchen with a massive waterfall island, farmhouse sink, and premium gas range. The interior is updated with wide-plank flooring, modern light fixtures, and a spa-style primary bathroom with a freestanding tub. The resort-style backyard, including a luxury pool and outdoor kitchen, further confirms the property's top-tier condition and modern aesthetic.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35738, living area = 5629.
The expansive 0.82-acre lot features a luxury pool, outdoor kitchen, sauna, and cold plunge, offering a private wellness retreat and premier entertaining space.
The home boasts a modern aesthetic with a showpiece kitchen, soaring ceilings, and wide-plank flooring, providing a move-in-ready experience with premium finishes.
The significant square footage and extensive outdoor amenities, including the pool and wellness features, will likely result in substantial utility and maintenance expenses.
Despite the interior remodel, the 2004 construction date suggests that major systems like the roof or HVAC may be approaching the end of their typical lifespan.
Stunning beautifully remodeled interior & a backyard designed to impress. The kitchen is a true showpiece with a massive island, farmhouse sink, Gas range. Soaring ceilings, huge picture windows, a dramatic fireplace wall, & wide plank flooring give the home an elevated feel throughout. The primary suite located downstairs, offers a spa style bath with a freestanding tub, while upstairs provides additional flex space ideal for a game room, media room, or second living area. Outside, the resort style backyard delivers with a striking pool, elevated water feature, expansive covered patio, pergola with outdoor kitchen, lush lawn, & plenty of space for entertaining. Sauna and Cold Plunge for your health and wellness experience. All this nestled in the coveted PORTOFINO gated neighborhood.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 1.5 mi
Grades 7-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 94% |
| Baths | 5.0 | 3.0 | 95% |
| Square foot | 5,629 | 2,355 | 99% |
| Lot Size | 35,738 | 8,395 | 93% |
| Price | $2.40M | $516.5K | 99% |
| Price per sq ft | $425 | $259 | 95% |
| Built year | 2004 | 2006 | 36% |
| HOA | $182 | $252 | 42% |
| Days on market | 12 | 2505 | 1% |
Apr 19, 2026
$2,395,000
$2,450,000
-2% Price Drop
Initial Listing
Apr 10, 2026
$2,450,000
Initial Listing