3326 E MEAD Drive, Gilbert, AZ 85298, Gilbert, 85298 - 4 bed, 3 bath
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Gilbert, AZ 85298
This Upgraded Suburban Estate is a High-Potential Investment Opportunity, listed at $799,900—positioned well below the $968,957 Fair Market Value by 17%. This valuation gap provides $169,057 in Instant Equity. Boasting a Condition Rating of 3, the home features three new HVAC units and a resort-style backyard with a PebbleTec pool and slide. Located in the desirable Marbella Vineyards, this property balances a luxury lifestyle with significant financial upside. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey, high-demand asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3326 E MEAD Drive Subject | $799,900* List Price | 4 | 3 | 3,257 | $297 | - |
A 3391 E VIRGIL Drive Sold | $850,000 | 4 | 3 | 2,921 | $291 | 0.6 mi |
B 6219 S BANNING Street Sold | $675,000 | 5 | 3 | 2,446 | $276 | 0.3 mi |
C 3728 E NARROWLEAF Drive Sold | $760,000 | 3 | 3 | 2,941 | $258 | 0.9 mi |
D 3837 E MEADOWVIEW Drive Sold | $989,000 | 4 | 3 | 3,379 | $293 | 0.8 mi |
E 6219 S BANNING Street Sold | $675,000 | 5 | 3 | 2,446 | $276 | 0.3 mi |
F 3241 E ARIS Drive Active | $730,000 List Price | 4 | 3 | 3,567 | $205 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 2006-built home is in move-in ready condition, featuring significant recent mechanical upgrades including three new HVAC units and a one-year-old water heater. The interior is well-maintained with hardwood flooring throughout, a remodeled primary spa-style bathroom with travertine, and an updated kitchen with white cabinetry and granite countertops. While highly upgraded and featuring a resort-style backyard, the property fits the 'good' criteria as it is within the 10-20 year age range and shows high-quality maintenance rather than a full, brand-new renovation.
The property features an entertainer's dream on a 1/4-acre corner lot, including a PebbleTec pool with a slide, a misting system, a pergola, and professional landscaping.
The home includes three brand-new HVAC units and a one-year-old water heater, offering the buyer substantial peace of mind and reduced immediate maintenance costs.
The primary retreat boasts a private balcony and a high-end remodeled spa bathroom featuring a soaking tub, body-jet shower, and elegant travertine flooring.
For a home exceeding 3,200 square feet, the 2-car garage may be considered undersized for families with multiple vehicles or significant storage requirements.
All four bedrooms are located on the second floor, which may be a disadvantage for buyers seeking a ground-floor primary suite or multi-generational living options.
STUNNING upgraded home in Marbella Vineyards on a premium oversized corner lot with an entertainer's dream pool and backyard. Situated on a spacious ¼-acre lot with desirable N/S exposure, this property offers excellent curb appeal with stone accents and extended driveway. The resort-style backyard features a PebbleTec pool with slide, spacious grass area, extended covered patio, pergola with lighting and misting system, paver seating area, dog run, in ground holes for volleyball set uo and storage shed. Additional highlights include 3 new HVAC units, a 1-year-old water heater, reverse osmosis system, EV plug and a 2-car garage with extra storage. Ideally located near Gilbert Regional Park dining, and shopping. Inside you'll find hardwood flooring throughout the main level and all upstairs bedrooms. The kitchen features white cabinetry, granite countertops, tile backsplash, and stainless steel appliances, and opens to the inviting family room with a built-in brick electric fireplace.Upstairs you'll find the primary suite with a private balcony, two walk-in closets, and a beautifully remodeled spa-style bathroom featuring a soaking tub, body-jet shower, and travertine flooring.Three additional bedrooms with wood flooring and a full bath complete the upper level.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,257 | 2,351 | 79% |
| Lot Size | 11,520 | 8,347.5 | 81% |
| Price | $799.9K | $519.5K | 81% |
| Price per sq ft | $246 | $259 | 45% |
| Built year | 2006 | 2006 | 50% |
| HOA | $345 | $258 | 57% |
| Days on market | 48 | 2499 | 1% |
Mar 6, 2026
$799,900
Initial Listing