3425 E SIERRA MADRE Avenue, Gilbert, AZ 85296, Gilbert, 85296 - 5 bed, 3 bath
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3425 E SIERRA MADRE Avenue
Gilbert, AZ 85296
ACTIVE
CONDITION: GOOD
5Beds
3Baths
3,503Sq Ft
7,788Lot Size
Property Price
LIST PRICE$899,900
EST. MARKET VALUE
$936,203
3% BelowMARKET VALUE
SUMMARY
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.
Estimated Market Value
$936,203+$36,303 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 |
|---|---|---|---|---|---|---|
★ 3425 E SIERRA MADRE Avenue Subject | $899,900* List Price | 5 | 3 | 3,503 | $267 | - |
A 3822 E COMSTOCK Drive Sold | $889,000 | 4 | 3 | 3,357 | $265 | 0.5 mi |
B 3853 E COMSTOCK Drive Sold | $885,000 | 4 | 3 | 3,108 | $285 | 0.5 mi |
C 3955 E MESQUITE Street Sold | $775,000 | 5 | 3 | 3,242 | $239 | 0.7 mi |
D 2975 E COMSTOCK Drive Sold | $907,000 | 5 | 3 | 2,880 | $315 | 0.6 mi |
E 3960 E APPALOOSA Road Sold | $958,000 | 5 | 5 | 3,159 | $303 | 0.9 mi |
F 3740 E SAGEBRUSH Street Sold | $1,025,000 | 4 | 3 | 3,461 | $296 | 0.6 mi |
G 2860 E PINTO Drive Sold | $875,000 | 3 | 3 | 2,675 | $327 | 1.0 mi |
H 3497 E Sierra Madre Avenue Active | $849,000 List Price | 5 | 3 | 3,503 | $242 | 0.1 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 (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.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Greenfield Elementary School (9/10).
- Resort-Style Outdoor Living
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.
- Flexible Multi-Generational Layout
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.
CONSRISKS & DEFICIENCIES
- High Association Fees
The $429 association fee represents a significant recurring monthly or quarterly expense that may impact the overall affordability for budget-conscious buyers.
- Limited Yard Space
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.
About 3425 E SIERRA MADRE Avenue
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. Morrison Ranch is an amazing community offering lots of activities, greenbelts, parks and the lake. Located in the heart of Gilbert close to plenty of shopping, restaurants, entertainment and great schools. Home is a MUST SEE!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2008
- Lot Size
- 7,788 Sq. Ft.
Interior
- Total Bedrooms
- 5
- 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 | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,503 | 2,210.986 |
| Lot Size | 7,788 | 7,346.256 |
| Price | $899.9K | $598.8K |
| Price per sq ft | $257 | $280 |
| Built year | 2008 | 2003 |
| HOA | $429 | $224 |
| Days on market | 67 | 71 |
Pricing History
Listed for Sale
Jul 4, 2026
$899,900
Initial Listing