3806 E Packard Drive, Gilbert, AZ 85297, Gilbert, 85297 - 4 bed, 3 bath
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Gilbert, AZ 85297
This Turnkey Single-Family Residence represents a Prime Investment Opportunity, listed at $550,000—positioned well below the $567,407 Fair Market Value by 3%. This strategic pricing offers $17,407 in Instant Equity for buyers. Boasting a Condition Rating of 3, the interior features Luxury Vinyl Plank Flooring (2022), a Granite Kitchen, and a versatile 4-bedroom plus office layout. With an Oversized Lot, RV Gate, and proximity to Top-Rated 8/10 Schools, this property perfectly balances lifestyle and value. It is an ideal acquisition for Owner-Occupants or growing families.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring significant interior updates such as luxury vinyl plank flooring installed in 2022 and granite countertops in the kitchen. While the cabinetry and some fixtures in the bathrooms reflect the original 2004 construction style, the home shows minimal wear and tear, has been updated with neutral paint, and contains no carpet, aligning with the 'Good' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8737, living area = 2084.
The home features high-quality luxury vinyl plank flooring installed in 2022 with no carpet throughout, complemented by granite countertops and neutral paint, offering a move-in-ready aesthetic.
The floor plan is highly functional, featuring four bedrooms plus a dedicated office with double doors and a split primary suite that ensures maximum privacy from the secondary bedrooms.
With a construction date of 2004, major components such as the HVAC and roof may be approaching the end of their typical 20-year functional lifespan, potentially requiring near-term capital investment.
While the garage accommodates three vehicles, the tandem configuration can be less convenient for daily use and vehicle shuffling compared to a traditional side-by-side three-car layout.
Welcome to this awesome, well laid out home. There's 4 bedrooms, PLUS an office with double doors, 2 full baths, and one half bath with the primary bedroom separated from the other bedrooms. The kitchen is the heart of the home with bright granite countertops and open to the great room. There's neutral paint through out the home with (newer) gorgeous luxury vinyl plank flooring. There is no carpet in the home, and floors were completed in 2022. The spacious laundry room has upper cabinets for additional storage, and the outside has an extended patio. The oversized lot has plenty of room for a pool, or whatever you desire! Don't forget about the 3 car tandem garage for your cars and storage! PLUS, an RV gate!
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades PK-6 • 2.5 mi
Grades 7-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,084 | 2,393 | 38% |
| Lot Size | 8,737 | 7,700 | 68% |
| Price | $550.0K | $450.0K | 64% |
| Price per sq ft | $264 | $215 | 75% |
| Built year | 2004 | 2004 | 50% |
| HOA | $618 | $214 | 98% |
| Days on market | 41 | 2393 | 1% |
Mar 13, 2026
$550,000
Initial Listing