3424 E SIERRA MADRE Avenue, Gilbert, AZ 85296, Gilbert, 85296 - 3 bed, 3 bath
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3424 E SIERRA MADRE Avenue
Gilbert, AZ 85296
ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,367Sq Ft
7,788Lot Size
Property Price
LIST PRICE$729,000
EST. MARKET VALUE
$763,355
4% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $739,000—positioned well below the $774,135 Fair Market Value by 4%. This valuation gap offers $35,135 in Instant Equity. Featuring a Good Condition Rating, the home boasts a PebbleTec pool, granite kitchen, and climate-controlled utility spaces. Located in the Morrison Ranch community near top-rated Greenfield Elementary, this property balances lifestyle luxury with financial stability. It is an ideal acquisition for Owner-Occupants or discerning families seeking a premium, move-in ready home.
Estimated Market Value
$763,355+$34,355 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 3424 E SIERRA MADRE Avenue Subject | $729,000* List Price | 3 | 3 | 2,367 | $322 | - |
A 3959 E MORRISON RANCH Parkway Sold | $668,000 | 3 | 3 | 2,416 | $276 | 0.7 mi |
B 4118 E MARLENE Drive Sold | $680,000 | 3 | 3 | 2,195 | $310 | 0.8 mi |
C 2929 E APPALOOSA Road Sold | $855,000 | 3 | 3 | 2,525 | $339 | 0.9 mi |
D 3853 E COMSTOCK Drive Sold | $885,000 | 4 | 3 | 3,108 | $285 | 0.5 mi |
E 2943 E BLOOMFIELD Parkway Sold | $850,000 | 3 | 3 | 2,517 | $338 | 0.9 mi |
F 3131 E BLOOMFIELD Parkway Sold | $830,000 | 3 | 3 | 2,262 | $367 | 0.8 mi |
G 3435 E MORRISON RANCH Parkway Pending | $700,000 List Price | 4 | 3 | 2,367 | $296 | 0.2 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 2008 (approx. 16-18 years old), the property falls perfectly into the 'Good' category. The kitchen and bathrooms feature well-maintained granite countertops and maple cabinetry that are functional and move-in ready. The addition of a mini-split A/C in the garage and A/C in the storage shed indicates that the mechanical systems are well-cared for and upgraded beyond standard builder grade.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Greenfield Elementary School (9/10).
- Premium Outdoor Living
The property features a private backyard oasis with a PebbleTec pool, waterfall, and custom cover, situated on a premium corner lot directly across from a park.
- Climate-Controlled Utility Spaces
Rare upgrades include a mini-split A/C system in the three-car tandem garage and a custom storage shed with dedicated air conditioning, ideal for the Arizona climate.
CONSRISKS & DEFICIENCIES
- Tandem Garage Configuration
The three-car garage is a tandem layout, which is often considered less convenient for daily vehicle access and multi-driver households than a side-by-side configuration.
- Bedroom to Square Footage Ratio
Offering only three bedrooms for nearly 2,400 square feet may limit appeal for larger families who typically expect a fourth bedroom at this size and price point.
About 3424 E SIERRA MADRE Avenue
Welcome home to Morrison Ranch! Premium corner lot across from the park. The private backyard features a PebbleTec pool with waterfall, tiled patio, & custom pool cover. The open kitchen includes granite counters, tile backsplash, staggered maple cabinets with pull-outs, a pantry, & an island with pendant lighting. Great room offers diagonal tile flooring, a formal entertainment area, and French doors with a retractable screen opening to the patio. The dining room features 10-foot ceilings & plantation shutters. The primary suite includes wood flooring & custom window coverings, while the office/den offers wood floors and shutters for a quiet workspace. The powder room has custom tile complements. The three-car tandem garage with a minisplit A/C, & the custom storage shed has AC too
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2008
- Lot Size
- 7,788 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $429 / Month
Neighborhood Insights
Gilbert Unified Schools
Highland Park Elementary School
Grades PK-6 • 0.5 mi
8/10
Greenfield Elementary School
Grades PK-6 • 1.1 mi
9/10
Towne Meadows Elementary School
Grades PK-6 • 1.7 mi
7/10
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 | 2,367 | 2,210.986 |
| Lot Size | 7,788 | 7,346.256 |
| Price | $729.0K | $598.8K |
| Price per sq ft | $308 | $280 |
| Built year | 2008 | 2003 |
| HOA | $429 | $224 |
| Days on market | 42 | 71 |
Pricing History
Listed for Sale
Sep 2, 2026
$729,000
$739,000
-1% Price Drop
Initial Listing
Price Change
Jul 29, 2026
$739,000
Initial Listing