338 N COBBLESTONE Street, Gilbert, AZ 85234, Gilbert, 85234 - 4 bed, 3 bath
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Gilbert, AZ 85234
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $550,000—positioned well below the $587,607 Fair Market Value by 6%. This valuation gap provides $37,607 in Instant Equity. With a Condition Rating of 2, the home features a new roof, new AC, and a dedicated office. Located on a private cul-de-sac near top-rated elementary schools, this property balances modern upgrades with long-term stability. It is an ideal acquisition for Owner-Occupants seeking a move-in ready home or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 338 N COBBLESTONE Street Subject | $550,000* List Price | 4 | 3 | 2,198 | $267 | - |
A 1438 E MINERAL Road Sold | $578,500 | 4 | 3 | 2,229 | $260 | 0.1 mi |
B 1438 E MINERAL Road Sold | $578,500 | 4 | 3 | 2,229 | $260 | 0.1 mi |
C 1231 E CAMPBELL Avenue Sold | $499,900 | 3 | 2 | 1,635 | $306 | 0.2 mi |
D 1033 E HEARNE Way Active | $629,000 List Price | 4 | 2 | 2,065 | $305 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1989, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with quartz counters and stainless appliances, updated bathrooms, and new wood-like flooring. Major systems are in mint condition with a new roof, new AC system, and an upgraded electrical panel, requiring no immediate maintenance.
The home features significant high-ticket improvements including a new roof with a 10-year warranty, a new AC system, and an upgraded electrical panel, ensuring reduced maintenance costs for the buyer.
Located on a quiet cul-de-sac, the property offers rare privacy with no neighbors to the north or directly behind, providing a secluded feel in a desirable suburban setting.
The addition of a dedicated office with a mini-split system and a fully finished, AC-equipped garage with epoxy flooring significantly expands the functional living and workspace of the home.
Built in 1989, the home may still possess some original structural or plumbing elements that could require attention despite the recent cosmetic and system updates.
While the elementary and middle schools are highly rated, the assigned high school has a lower rating of 5, which may be a consideration for families prioritizing long-term educational consistency.
Beautiful 4-bedroom, 2.5-bath home located on a quiet cul-de-sac lot in highly desirable Gilbert. This thoughtfully updated residence blends modern upgrades, functional living spaces, and rare privacy--offering no neighbors to the north or directly behind the home. Step inside to find warm wood-like flooring and an open, comfortable layout ideal for everyday living. The kitchen flows seamlessly into the main living areas, complemented by updated bathrooms throughout the home. A major highlight is the added dedicated office with a mini split system, perfect for remote work or a flexible bonus space. Major system upgrades provide peace of mind, including a new roof with 10-year warranty, new AC system, and an upgraded electrical panel. The garage has been enhanced with epoxy flooring, added can lights, fresh paint, and a dedicated AC unit, creating a functional and comfortable extension of the home. Outside, enjoy an extended concrete patio pad, newly added pergola, RV gate, and a backyard designed for relaxation and entertaining. Ideally located near shopping, dining, and vibrant entertainment in Gilbert--including quick access to downtown Downtown Gilbert--this home offers the perfect balance of convenience, privacy, and modern upgrades.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades 7-8 • 1.4 mi
Grades 8-12 • 0.7 mi
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 | 2,198 | 2,075.5 | 60% |
| Lot Size | 5,807 | 6,817 | 31% |
| Price | $550.0K | $454.8K | 71% |
| Price per sq ft | $250 | $233 | 54% |
| Built year | 1989 | 1994 | 28% |
| HOA | $80 | $80 | 50% |
| Days on market | 3 | 2539 | 1% |
Jun 3, 2026
$550,000
Initial Listing