
Gilbert, AZ 85297
Analysis of 3587 S Arroyo Lane, Gilbert, AZ 85297 is currently available with a list price of $495,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Gilbert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 2002 (24 years old), the property is well-maintained and move-in ready. While the age technically falls into the 'Fair' range, recent updates including new custom tile flooring and fresh paint throughout elevate the condition. The exterior and interior appear clean and functional, though original systems and cabinetry are likely nearing the end of their primary lifecycle.
Middle School: Sossaman Middle School (9/10). High School: Higley High School (9/10).
The property is zoned for highly-rated schools, including Higley High and San Tan Elementary, both located less than a mile away, offering significant value for families.
The home features fresh custom paint and new custom tile throughout, providing a modern, move-in-ready aesthetic that reduces immediate renovation costs for buyers.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1653, other record lot size in square feet = 6231.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1653, living area = 1653.
The lot size is notably small at 1,653 square feet, which may be a disadvantage for buyers seeking a large backyard or significant outdoor recreational space.
Beautiful 4-bedroom, 2-bath home featuring fresh custom paint and a desirable layout! Enjoy an eat-in kitchen with a spacious family room just off the kitchen, plus a separate living area--perfect for entertaining or relaxing. New custom tile adds a modern touch throughout. The home also offers a well-maintained yard and is conveniently located near shopping, dining, and so much more. Don't miss out on this fantastic opportunity!
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 7-8 • 2.6 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,653 | 2,322.5 | 17% |
| Lot Size | 1,653 | 7,523.5 | 1% |
| Price | $495.0K | $0 | 70% |
| Price per sq ft | $299 | $0 | 87% |
| Built year | 2002 | 2004 | 39% |
| HOA | $154 | $180 | 42% |
| Days on market | 49 | 2613 | 1% |
May 31, 2026
$495,000
$505,000
-2% Price Drop
Initial Listing
Apr 20, 2026
$505,000
Initial Listing