
Gilbert, AZ 85296
This Modern Turnkey Residence in the prestigious Morrison Ranch community is a Prime Investment Opportunity, listed at $615,000—positioned well below the $631,673 Fair Market Value by 2%. This valuation gap provides $16,673 in Instant Equity. Boasting an Excellent Condition Rating, the home features a Gourmet Quartz Kitchen, Plantation Shutters, and a private Backyard Spool. Families benefit from the top-rated Greenfield Elementary School (9/10) and extensive community parks. This move-in-ready sanctuary is an ideal match for growing families or Owner-Occupants seeking a high-quality Gilbert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4041 E AMBER Lane Subject | $615,000* List Price | 3 | 2 | 1,823 | $347 | - |
A 4092 E Appaloosa Road Sold | $670,000 List Price | 5 | 3 | 1,951 | 0.4 mi | |
B 3539 E ARABIAN Drive Sold | $650,000 List Price | 3 | 2 | 1,702 | 0.8 mi | |
C 3561 E ARABIAN Drive Sold | $696,000 | 3 | 2 | 1,702 | $409 | 0.8 mi |
D 3868 E ARABIAN Drive Sold | $775,000 | 4 | 3 | 2,496 | $310 | 0.6 mi |
E 3894 E APPALOOSA Road Active | $620,000 List Price | 3 | 2 | 1,701 | $364 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this property falls within the 10-year window for an excellent rating and shows minimal physical depreciation. The kitchen is highly modern, featuring white shaker-style cabinetry, quartz countertops, a large island with an undermount sink, and high-end stainless steel Whirlpool appliances, including a double oven and gas cooktop. The home boasts contemporary finishes such as plantation shutters, neutral tile flooring, and updated light fixtures. The exterior and low-maintenance backyard with a spool are well-maintained, indicating no deferred maintenance and a move-in-ready condition that meets current market standards.
Elementary School: Greenfield Elementary School (9/10).
Situated in the highly desirable Morrison Ranch community, this home offers a prestigious Gilbert address known for its unique aesthetic, extensive parks, and proximity to high-performing elementary schools.
The inclusion of plantation shutters on all east- and west-facing windows significantly enhances energy efficiency by reducing heat gain, a vital feature for maintaining comfort and lower utility costs in the Arizona climate.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1823, other record living area = 1773.
With a lot size of 5,750 square feet, the backyard is relatively compact, which may not appeal to buyers looking for a large grassy area or significant space for outdoor recreation.
While the local elementary school is top-rated, the assigned high schools carry lower ratings (4-6), which could be a concern for families prioritizing a specific academic trajectory for older children.
Beautifully maintained 3-bedroom, 2-bath home situated on a corner lot, offering a bright open-concept floor plan ideal for everyday living and entertaining. Plantation shutter shades on all east- and west-facing windows help reduce heat gain and improve energy efficiency year-round. Enjoy a low-maintenance backyard with a spool for relaxing and a prime Gilbert location in Morrison Ranch close to shopping, dining, parks, and top-rated schools.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades PK-6 • 1.8 mi
Grades PK-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 3.0 | 43% |
| Square foot | 1,823 | 2,089 | 36% |
| Lot Size | 5,750 | 6,743 | 31% |
| Price | $615.0K | $445.0K | 79% |
| Price per sq ft | $337 | $232 | 91% |
| Built year | 2017 | 2001 | 90% |
| HOA | $429 | $140 | 91% |
| Days on market | 54 | 2527 | 1% |
Feb 27, 2026
$615,000
Initial Listing