345 N DATE PALM Drive, Gilbert, AZ 85234, Gilbert, 85234 - 5 bed, 5 bath
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Gilbert, AZ 85234
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $750,000—positioned well below the $760,504 Fair Market Value by 1%. This valuation gap provides $10,504 in Instant Equity. Featuring a Private Pool and 3,541 sqft of living space, the home maintains a Condition Rating of 4, offering significant upside through cosmetic modernization. Located near the Heritage District with access to highly-rated elementary schools, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 345 N DATE PALM Drive Subject | $750,000* List Price | 5 | 5 | 3,541 | $215 | - |
A 2042 E DIAS Drive Active | $725,000 List Price | 5 | 3 | 3,758 | $193 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the property is approximately 25 years old and appears to have mostly original finishes. Interior photos show dated wallpaper, worn carpeting with visible traffic patterns, and 90s-era cabinetry and tile. While functional, the home requires cosmetic updates and minor repairs to meet modern standards.
Situated in the heart of Gilbert near the Heritage District, this property offers exceptional proximity to popular dining, shopping, and entertainment hubs in a highly desired community.
With over 3,500 square feet, 5+ bedrooms, a loft, and a bonus room, the home provides a highly versatile layout ideal for large families or multi-generational living.
The oversized 10,580 square foot lot features a private pool and a large backyard, offering a significant premium for outdoor living and entertaining in the Arizona climate.
Built in 1999 and lacking mention of recent renovations, the home may require capital investment for cosmetic or mechanical updates to meet modern luxury standards.
While the elementary and junior high schools are highly rated (8 and 7), the assigned high school carries a lower rating of 5, which may be a concern for education-focused buyers.
LOCATION LOCATION LOCATION! This SPACIOUS home is a must see! Much desired community in the heart of Gilbert, minutes from Heritage District, Downtown Gilbert. 5+Bedroom/3.5 Bathroom, bonus/game room PLUS loft! Also, large 3 car garage. Large backyard, perfect for entertaining w/ POOL to cool off in the summertime. Lots of storage throughout the home. Hurry and see this home because it won't stay on the market for long.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 7-8 • 1.0 mi
Grades 8-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 3,541 | - |
| Lot Size | 10,580 | - |
| Price | $750.0K | $554.5K |
| Price per sq ft | $212 | $287 |
| Built year | 1999 | 0 |
| HOA | $98 | $0 |
| Days on market | 38 | 2717 |
Jun 15, 2026
$750,000
Initial Listing
Jun 21, 2000
$269,075
Public Record