3494 E SPRING WHEAT Lane, Gilbert, AZ 85296, Gilbert, 85296 - 5 bed, 5 bath
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3494 E SPRING WHEAT Lane
Gilbert, AZ 85296
ACTIVE
CONDITION: EXCELLENT
5Beds
5Baths
3,156Sq Ft
5,998Lot Size
Property Price
LIST PRICE$910,000
EST. MARKET VALUE
$910,000
SUMMARY
This Stunning Move-In Ready Home is listed at $949,000, reflecting a stable price point aligned with its $949,000 Fair Market Value. Featuring a modern chef's kitchen, wood-look tile flooring, and a private backyard oasis with a 6' deep pool, the property boasts an Excellent Condition Rating (2) requiring no immediate updates. Situated in a prime location with access to top-rated schools like Greenfield Elementary (9/10), this residence offers a perfect blend of luxury and convenience. It is an ideal sanctuary for growing families or discerning professionals seeking a turnkey lifestyle.
Estimated Market Value
$910,000
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 |
|---|---|---|---|---|---|---|
★ 3494 E SPRING WHEAT Lane Subject | $910,000* List Price | 5 | 5 | 3,156 | $288 | - |
A 3960 E APPALOOSA Road Sold | $958,000 | 5 | 5 | 3,159 | $303 | 0.6 mi |
B 4126 E RAWHIDE Street Sold | $860,000 | 5 | 4 | 3,453 | $249 | 0.9 mi |
C 3420 E Appaloosa Road Sold | $707,000 | 4 | 3 | 2,122 | $333 | 0.2 mi |
D 3956 E ARABIAN Drive Sold | $710,000 | 4 | 3 | 2,132 | $333 | 0.6 mi |
E 3131 E BLOOMFIELD Parkway Sold | $830,000 | 3 | 3 | 2,262 | $367 | 0.5 mi |
F 4112 E APPALOOSA Road Sold | $731,700 | 4 | 3 | 2,551 | $287 | 0.8 mi |
G 3056 E APPALOOSA Road Active | $875,000 List Price | 5 | 5 | 3,155 | $277 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2020, this property is less than 10 years old and in mint condition. The kitchen is highly modern with quartz countertops, stainless steel appliances, and a mosaic backsplash. Systems and structural elements are nearly new, requiring no maintenance or updates.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Greenfield Elementary School (9/10).
- Modern Functional Layout
Built in 2020, this home features a highly desirable main-level bedroom and full bath, complemented by a chef’s kitchen and expansive open-concept living perfect for multi-generational needs.
- Premium Outdoor Amenities
The private backyard serves as a true oasis with a 6-foot deep sparkling pool and covered patio, offering a turnkey solution for Arizona’s indoor-outdoor lifestyle.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
At just under 6,000 square feet, the lot is relatively small for a 3,156 square foot home, which may limit additional outdoor play space or privacy between neighbors.
- Extended Market Time
With 142 days on market and a recent price reduction, the property may face challenges with buyer perception regarding its value proposition compared to newer listings.
About 3494 E SPRING WHEAT Lane
This pristine 5-bed | 4.5 Bath home is truly a dream come true! Featuring a Bed and Full Bath on the Main Level! The Inviting hallway leads to the impressive open floor plan, highlighted by wood-look tile flooring, bountiful natural light, neutral tone, & multi-sliding glass doors leading you to your private backyard oasis! Gorgeous kitchen is a chefs delight, fully equipped w/SS appliances, gas cooktop, recessed/pendant lighting, mosaic tile backsplash, ample cabinetry w/crown moulding, a walk-in pantry, quartz counters, & a prep island w/a breakfast bar. Romantic main retreat boasts plush carpet, an ensuite w/a make-up desk, & a walk-in closet. Enjoy the versatility of a huge den & loft, ideal for a TV/Gaming area or reading nook. Unwind under the covered patio or take a dip in the 6' deep sparkling pool, excellent for warm summer days & year-round entertaining. Top rated schools, close to shopping/dining/entertainment! Don't Miss Out!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2020
- Lot Size
- 5,998 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 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 • 1.3 mi
8/10
Greenfield Elementary School
Grades PK-6 • 1.5 mi
9/10
Towne Meadows Elementary School
Grades PK-6 • 2.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,156 | 2,210.986 |
| Lot Size | 5,998 | 7,346.256 |
| Price | $910.0K | $598.8K |
| Price per sq ft | $288 | $280 |
| Built year | 2020 | 2003 |
| HOA | $429 | $224 |
| Days on market | 182 | 71 |
Pricing History
Listed for Sale
Aug 24, 2026
$910,000
$925,500
-2% Price Drop
Initial Listing
Price Change
Aug 1, 2026
$925,500
$949,000
-2% Price Drop
Initial Listing
Price Change
Apr 16, 2026
$949,000
$965,000
-2% Price Drop
Initial Listing
Price Change
Mar 11, 2026
$965,000
Initial Listing