372 E ARABIAN Drive, Gilbert, AZ 85296, Gilbert, 85296 - 4 bed, 3 bath
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Gilbert, AZ 85296
This Spacious Single Family Residence represents a Prime Investment Opportunity, listed at a List Price of $599,000—positioned well below the $613,551 Fair Market Value by 2%. This valuation gap provides $14,551 in Instant Equity for the buyer. With a Condition Rating of 3, the home features recent cosmetic updates including new flooring and a refreshed kitchen. Located in a premier Gilbert neighborhood, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 372 E ARABIAN Drive Subject | $599,000* List Price | 4 | 3 | 2,530 | $243 | - |
A 278 E SAGEBRUSH Street Sold | $595,000 | 4 | 2 | 2,262 | $263 | 0.3 mi |
B 462 E PINTO Drive Sold | $599,000 | 4 | 2 | 2,310 | $259 | 0.1 mi |
C 149 E GAIL Drive Sold | $660,000 | 5 | 3 | 2,621 | $252 | 0.9 mi |
D 240 E GAIL Court Sold | $575,000 | 4 | 3 | 2,439 | $236 | 0.8 mi |
E 108 S MORNING RIDGE Drive Sold | $599,900 | 4 | 3 | 2,360 | $254 | 0.8 mi |
F 240 E Gail Court Sold | $575,000 | 4 | 3 | 2,439 | $236 | 0.8 mi |
G 756 E PALOMINO Drive Sold | $653,000 | 5 | 3 | 2,220 | $294 | 0.5 mi |
H 546 S BURK Street Active | $630,000 List Price | 3 | 2 | 2,134 | $295 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1995, the property has undergone significant recent cosmetic updates including new luxury vinyl plank flooring, fresh interior paint, and a refreshed kitchen with white cabinetry and stainless steel appliances. While some original 90s elements remain, such as the gold-trimmed shower enclosure, the home is well-maintained and move-in ready.
Boasting 2,530 square feet with four bedrooms and three bathrooms, this floor plan provides generous living space suitable for growing families or multi-generational living.
Located in the heart of Gilbert (85296), the property is situated in a premier suburban market known for top-rated schools, low crime rates, and proximity to SanTan Village.
At a list price of $599,000, the property offers a compelling price-per-square-foot value compared to newer developments in the immediate area.
Built in 1995, the home may require cosmetic updates or system upgrades to meet the aesthetic preferences and efficiency standards of modern buyers.
The 6,673 square foot lot is typical for the subdivision but may feel restrictive for buyers seeking expansive outdoor space or significant privacy buffers.
Exceptional opportunity in Gilbert. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,530 | - |
| Lot Size | 6,673 | - |
| Price | $599.0K | $554.5K |
| Price per sq ft | $237 | $287 |
| Built year | 1995 | 0 |
| HOA | $195 | $0 |
| Days on market | 5 | 2717 |
Jul 17, 2026
$599,000
Initial Listing