
Gilbert, AZ 85234
This Spacious Remodeled Residence is a High-Potential Investment Opportunity, listed at $750,000—positioned well below the $917,550 Fair Market Value by 18%. This valuation gap secures $167,550 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the home features true hardwood flooring, a remodeled kitchen, and a private pool with a resurfaced deck. Located in the tree-lined Higley Groves at Morrison Ranch, it offers major updates including 16-SEER A/C units and a PEX repipe. This is an elite acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3447 E VAUGHN Avenue Subject | $750,000* List Price | 5 | 3 | 3,549 | $259 | - |
A 4151 E CAMPBELL Avenue Sold | $685,000 | 5 | 3 | 3,700 | $185 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant recent capital improvements that exceed its 2000 build year. Key updates include a full PEX repipe and 16-SEER HVAC systems (2020), new exterior paint (2025), and a remodeled kitchen and bathrooms featuring modern white cabinetry and timeless gray tones. The inclusion of true hardwood flooring and updated pool systems further justifies a 'Good' rating, as major systems are well within their functional lifespan and the interior aesthetic meets current market expectations.
The property features significant high-value updates including a full PEX repipe, 16-SEER A/C units (2020), new exterior paint (2025), and a resurfaced pool deck (2025), minimizing immediate capital expenditures for the buyer.
Unlike many homes in the area, this residence boasts true hardwood flooring and fully remodeled kitchen and bathrooms with timeless white and gray finishes, providing a sophisticated and move-in-ready aesthetic.
The 3,549 sqft layout is exceptionally versatile, featuring a sought-after downstairs primary suite, a dedicated den for remote work, and a large upstairs loft ideal for a secondary living area or game room.
The expansive two-story footprint and large private pool, while luxurious, will likely result in higher-than-average utility costs and ongoing maintenance requirements compared to smaller single-story homes.
The $373 association fee represents a significant recurring monthly carrying cost that buyers must factor into their overall debt-to-income ratio and long-term budget.
Stately 5-bedroom home plus large den and 3 baths in highly sought-after Morrison Ranch with a flexible loft ideal for a game room or second living space. The downstairs primary suite offers a bay window, private patio exit, and spacious his-and-hers split walk-in closet. Kitchen and all three baths have been remodeled, and true hardwood flooring adds depth and distinction rarely found in Arizona homes. The side-turn 3rd car garage creates an extra-long driveway, offering rare additional parking capacity for larger households. The backyard includes a private pool with dual water features, covered patio, grassy area, mature shade tree, and storage shed -- a comfortable outdoor setting with space to make it your own. Significant home system updates can be found in the MORE section: Major updates include 16-SEER A/C units (2020), PEX repipe of the home (2020), pool automation system (2024), new exterior paint (2025), pool deck resurfacing (2025), water softener, and mini-split A/C in the 3-car garage. This home offers exceptional square footage and a highly functional layout designed for real life. Five generously sized bedrooms plus a dedicated den provide flexibility for multigenerational living, work-from-home needs, or guest space. The upstairs loft creates a valuable second gathering area ideal for media, study, or play. The remodeled kitchen and baths are finished in timeless white and gray tones, offering a clean, neutral foundation that complements the home's true hardwood flooring -- a standout feature rarely found locally. Higley Groves at Morrison Ranch is known for its white picket fences, tree-lined streets, and inviting neighborhood feel. At the heart of the community, residents enjoy a lighted basketball court, skateboard deck, multiple playgrounds with ramadas and picnic areas, open green fields for play, and scenic walking and biking paths. It's a setting designed for connection, outdoor enjoyment, and everyday moments that feel a little more special. Ideally located just 1.5 miles from the US-60, Loop-202, and Banner Gateway Medical Center, with easy access to dining, coffee, and shopping at the Epicenter, Agritopia, Verde at Cooley Station, and SanTan Village. This is a package deal - fabulous home, ideal neighborhood, great location!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,549 | 2,039 | 92% |
| Lot Size | 10,200 | 6,913 | 86% |
| Price | $750.0K | $479.0K | 89% |
| Price per sq ft | $211 | $256 | 39% |
| Built year | 2000 | 1994 | 80% |
| HOA | $373 | $75 | 97% |
| Days on market | 58 | 2339 | 1% |
Feb 23, 2026
$750,000
Initial Listing