3425 E SIERRA MADRE Avenue, Gilbert, AZ 85296, Gilbert, 85296 - 5 bed, 3 bath
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Gilbert, AZ 85296
This Spacious Single-Family Residence is a Prime Investment Opportunity, listed at $899,900—positioned well below the $922,235 Fair Market Value by 2%. This valuation gap offers $22,335 in Instant Equity. Featuring a Good Condition Rating, the home boasts a resort-style backyard with a pool, spa, and Arizona room. Located in Morrison Ranch near top-rated Greenfield Elementary, it offers a flexible layout for multi-generational living. This property is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3425 E SIERRA MADRE Avenue Subject | $899,900* List Price | 5 | 3 | 3,503 | $263 | - |
A 3853 E COMSTOCK Drive Sold | $885,000 | 4 | 3 | 3,108 | $285 | 0.5 mi |
B 3959 E MORRISON RANCH Parkway Sold | $668,000 | 3 | 3 | 2,416 | $276 | 0.7 mi |
C 2901 E PINTO Drive N Sold | $850,000 List Price | 3 | 3 | 2,675 | 1.0 mi | |
D 3702 E Robin Lane Sold | $700,000 | 3 | 2 | 2,224 | $315 | 0.4 mi |
E 3497 E Sierra Madre Avenue Active | $869,000 List Price | 5 | 3 | 3,503 | $248 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008 (18 years old), the property falls within the 10-20 year age bracket for 'Good' condition. The home is well-maintained and move-in ready, featuring a functional kitchen with upgraded counters and stainless steel appliances. The exterior, systems, and resort-style backyard appear to be in solid working order with no immediate signs of deferred maintenance.
Elementary School: Greenfield Elementary School (9/10).
The backyard is a premier entertainment hub featuring a sparkling pool with a waterfall and Baja step, a built-in BBQ, an above-ground spa, and a versatile enclosed Arizona room.
Spanning over 3,500 sq ft, the floor plan includes a full bedroom and bathroom on the main level, providing an ideal setup for guests or multi-generational living arrangements.
The $429 association fee represents a significant recurring monthly or quarterly expense that may impact the overall affordability for budget-conscious buyers.
Given the large 3,503 sq ft footprint of the home and the extensive pool/patio build-out, the 7,788 sq ft lot offers very little traditional green space or lawn for pets and play.
Welcome to Morrison Ranch, known for its tree-lined streets, white rail fences, parks, trails & terrific community feel. This spacious 5-bedroom 3-bath home has over 3500 sq ft, nicely upgraded & resort-style outdoor living. Beautiful kitchen offers a large island, upgraded counters & cabinetry, gas range, double oven, stainless undermount sink & huge pantry. The open family room creates an ideal gathering space, while the primary suite features a sitting/office area & dual walk in closets. The private backyard is built for entertaining with a sparkling pool w waterfall, Baja step & table, built-in BBQ, above-ground spa & enclosed Arizona room. Full bedroom & bath downstairs for flexible (multi generation?) living and 3 car garage. Across from greenbelt & park w basketball & volleyball courts.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades PK-6 • 1.1 mi
Grades PK-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,503 | - |
| Lot Size | 7,788 | - |
| Price | $899.9K | $554.5K |
| Price per sq ft | $257 | $287 |
| Built year | 2008 | 0 |
| HOA | $429 | $0 |
| Days on market | 18 | 2717 |
Jul 4, 2026
$899,900
Initial Listing