
Gilbert, AZ 85296
This Pristine Morrison Ranch Estate is a Strong Value Opportunity, listed at $1,300,000—positioned well below the $1,373,401 Fair Market Value by 5%. This valuation gap provides $73,401 in Instant Equity for the buyer. Boasting a Pristine Condition Rating, the 4,361-square-foot residence features a resort-style backyard with a pool and outdoor bar, plus high-value 2025 AC upgrades. Located near the 9/10 rated Greenfield Elementary, it balances significant financial upside with a premium lifestyle. This is an ideal acquisition for Growing Families or Luxury-Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3717 E MARLENE Drive Subject | $1,300,000* List Price | 5 | 4 | 4,361 | $315 | - |
A 3157 E SIERRA MADRE Avenue Sold | $1,150,000 | 5 | 5 | 3,751 | $307 | 0.7 mi |
B 4236 E COMSTOCK Drive Sold | $1,137,500 | 5 | 5 | 4,000 | $284 | 0.7 mi |
C 4292 E MORRISON RANCH Parkway Active | $1,150,000 List Price | 5 | 5 | 4,242 | $271 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is in pristine condition with significant recent capital improvements, including new AC units (2025), a new water heater (2023), and custom garage cabinetry (2025). The interior features a modern chef's kitchen with white shaker cabinets and stone counters, updated wood-look flooring, and contemporary light fixtures. The resort-style backyard and overall maintenance level meet the highest quality standards for a move-in ready home.
Elementary School: Greenfield Elementary School (9/10).
The backyard is a premier entertainment space featuring a sparkling pool, a covered patio with a full outdoor kitchen and wet bar, and professional lighting on a premium corner lot.
The property offers significant peace of mind with brand-new AC units installed in 2025, a new water heater from 2023, and custom garage cabinetry, reducing immediate capital expenditure for the buyer.
The combination of a large 4,300+ square foot interior, a private pool, and extensive landscaping will result in substantial monthly utility and upkeep expenses.
While the elementary school is highly rated at an 8/10, the assigned high schools show lower performance ratings (4/10 and 6/10), which may be a concern for education-focused families.
Spacious and thoughtfully designed, this impressive 5-bedroom, 3.5-bath residence offers over 4,300 square feet of comfortable living space on a premium corner lot. The open-concept layout features expansive living and dining areas, abundant natural light, and seamless flow ideal for both entertaining and everyday living. The chef-inspired kitchen is equipped with ample cabinetry, generous counter space, a large center island, and quality appliances, all opening to the inviting family room. A flexible floor plan includes oversized secondary bedrooms, dedicated bonus/game space, and additional room perfect for a home office or gym. The primary suite provides a private retreat with a spa-like bath, dual vanities, soaking tub, and walk-in closet. Step outside to enjoy a resort-style backyard complete with a sparkling pool, covered patio with an outdoor grill entertainment area with a bar and wet bar, and pergola, as well as mature landscaping + turf offering both beauty and privacy. Enhanced exterior features include permanent holiday lighting, professional landscape lighting in both the front and backyard, and custom built-in garage cabinetry completed in 2025. The water heater was replaced in 2023. AC units were replaced in the fall of 2025 adding peace of mind for the new owner. Located in the highly sought-after Morrison Ranch community, close to parks, greenbelts, and convenient access to shopping and dining. Exceptional space, comfort, and location all in one.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades PK-6 • 1.4 mi
Grades PK-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 4.0 | 3.0 | 88% |
| Square foot | 4,361 | 2,089.5 | 98% |
| Lot Size | 10,390 | 6,821 | 90% |
| Price | $1.30M | $445.0K | 98% |
| Price per sq ft | $298 | $232 | 78% |
| Built year | 2008 | 2001 | 76% |
| HOA | $429 | $140 | 91% |
| Days on market | 42 | 2528 | 1% |
Mar 12, 2026
$1,300,000
Initial Listing