3540 E MORELOS Court, Gilbert, AZ 85295, Gilbert, 85295 - 5 bed, 3 bath
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Gilbert, AZ 85295
This Spacious Refreshed Residence is a High-Potential Investment Opportunity, listed at $745,000—positioned well below the $847,935 Fair Market Value by 12%. This valuation gap offers $102,935 in Instant Equity for the incoming buyer. The property maintains a Move-in Ready Condition Rating, featuring a fully paid solar system, sparkling pool, and a versatile 5-bedroom layout with a downstairs guest suite. Located near top-rated Williams Field High School, it combines significant utility savings with immediate financial upside. This is an ideal 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 |
|---|---|---|---|---|---|---|
★ 3540 E MORELOS Court Subject | $745,000* List Price | 5 | 3 | 3,348 | $253 | - |
A 3468 E FAIRVIEW Street Sold | $730,000 | 3 | 3 | 2,736 | $267 | 0.1 mi |
B 2706 S CUPERTINO Drive Sold | $545,000 | 3 | 3 | 2,625 | $208 | 0.5 mi |
C 3622 E BRIDGEPORT Parkway Sold | $558,000 | 4 | 3 | 2,412 | $231 | 0.4 mi |
D 2965 E VERMONT Drive Sold | $810,000 | 4 | 3 | 3,663 | $221 | 0.9 mi |
E 3273 E FAIRVIEW Street Active Under Contract | $695,000 List Price | 6 | 3 | 3,060 | $227 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been recently refreshed with new interior and exterior paint. Built in 2002, the home shows pride of ownership with updated stone countertops and a rich stone backsplash in the kitchen, along with modern dark wood-look flooring in the living areas. While the honey-toned cabinetry and some appliances reflect the original build era, the addition of a fully paid solar system with battery backup and the well-maintained pool and landscaping elevate the overall quality. It meets the criteria for a well-maintained home with functional systems and recent cosmetic updates.
The property includes a fully paid solar system with battery backup, offering substantial utility savings and energy security in the Arizona climate.
With five bedrooms, a dedicated den, and a spacious loft, the floor plan includes a rare downstairs bedroom and full bath ideal for guests or multi-generational living.
The backyard is a complete retreat featuring a sparkling pool, an outdoor shower, and an extended covered patio, perfect for high-end entertaining.
Built in 2002, the home may soon require capital improvements for original components like the roof or HVAC systems that are nearing the end of their typical lifespan.
The large 3,348 square foot structure combined with a 3-car garage and pool leaves limited remaining yard space on the 7,475 square foot lot for other activities.
Welcome to this beautifully refreshed 5-bedroom, 3-bath home offering space, style, and flexibility in all the right places. Fresh interior and exterior paint create a clean, updated feel, while the functional floor plan includes generous living and dining spaces, a dedicated den, a spacious upstairs loft, and an open-concept great room with a cozy gas fireplace. A downstairs bedroom and full bath provide the perfect setup for guests, multigenerational living, or a private office. The chef's kitchen features abundant cabinetry, extensive prep space, a large island, rich stone backsplash, and sleek dark countertops. Upstairs, the spacious primary suite includes dual vanities, a soaking tub, separate glass shower, and double closets. Step outside to a backyard retreat with a sparkling pool, extended covered patio, low-maintenance landscaping, and outdoor shower. Additional highlights include a 3-car garage with extra storage and a fully paid solar system with battery backup. Offered at $745,000.
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 7-8 • 2.5 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 80% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,348 | 2,136 | 87% |
| Lot Size | 7,475 | 7,491 | 50% |
| Price | $745.0K | $410.0K | 90% |
| Price per sq ft | $223 | $214 | 54% |
| Built year | 2002 | 2004 | 36% |
| HOA | $281 | $125 | 91% |
| Days on market | 35 | 2472 | 1% |
Mar 18, 2026
$745,000
Initial Listing