4054 E Cathy Drive, Gilbert, AZ 85296, Gilbert, 85296 - 3 bed, 3 bath
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4054 E Cathy Drive
Gilbert, AZ 85296
ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,120Sq Ft
2,120Lot Size
Property Price
LIST PRICE$449,900
EST. MARKET VALUE
$449,900
SUMMARY
This Modern Open-Concept Residence is a Strong Value Opportunity, listed at $485,000—positioned well below the $512,347 Fair Market Value by 5%. This valuation gap provides $27,347 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the 2010-built home features a Granite Kitchen, versatile office space, and a Private Patio. Located within the top-rated Williams Field High School boundaries, it offers a perfect blend of lifestyle and financial upside. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset in a high-demand Gilbert community.
Estimated Market Value
$449,900
Based on Realkey algorithm analyzing recent comparable sales in Gilbert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4054 E Cathy Drive Subject | $449,900* List Price | 3 | 3 | 2,120 | $212 | - |
A 1081 S ANNIE Lane Sold | $484,295 | 3 | 4 | 2,015 | $240 | 0.5 mi |
B 921 S SWALLOW Lane Sold | $452,000 | 3 | 3 | 1,934 | $234 | 0.3 mi |
C 4238 E BETSY Lane Sold | $440,000 | 4 | 3 | 1,713 | $257 | 0.5 mi |
D 1368 S Ponderosa Drive Pending | $429,000 List Price | 3 | 3 | 1,764 | $243 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2010, this property falls within the 10-20 year age range for a 'good' rating. It is move-in ready with a well-maintained interior featuring a modern open-concept kitchen with dark wood cabinetry, granite countertops, and stainless steel appliances. The flooring, including large-format tile and neutral carpeting, appears to be in excellent condition, and the bathrooms are clean and functional with matching cabinetry.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Versatile Layout
Built in 2010, this home features a contemporary open-concept design with a dedicated office or bonus room, perfectly catering to modern remote work and flexible living needs.
- Prime Location and Schools
Situated in a highly sought-after Gilbert community, the property is within walking distance to Cooley Middle School and served by top-rated high schools, ensuring long-term value.
- Low-Maintenance Living
The front and back yards are specifically designed for minimal upkeep, offering a private outdoor retreat without the time-consuming maintenance of traditional landscaping.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2120, other record lot size in square feet = 4883.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2120, living area = 2120.
- Limited Outdoor Space
With a lot size nearly identical to the interior square footage, the property offers very little yard space, which may be a drawback for buyers with large pets or gardening interests.
About 4054 E Cathy Drive
Experience elevated living in the heart of Gilbert! This home at 4054 E Cathy Dr offers a thoughtfully designed open-concept layout, complemented by a versatile office or bonus space just off the kitchen--perfect for remote work, a playroom, or additional entertaining space. The spacious living areas flow seamlessly into a well-appointed kitchen, creating an inviting atmosphere ideal for both everyday living and hosting guests. Enjoy generously sized bedrooms, abundant storage throughout, and a private backyard designed for relaxation or effortless entertaining. Both the front and back yards are low-maintenance, giving you more time to enjoy the lifestyle you deserve. Located in a highly sought-after community, you'll appreciate close proximity to top-rated
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2010
- Lot Size
- 2,120 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $152 / Month
Neighborhood Insights
Gilbert Unified Schools
Cooley Middle School
Grades 7-8 • 0.2 mi
7/10
Gateway Pointe Elementary School
Grades PK-8 • 1.3 mi
6/10
Williams Field High School
Grades 9-12 • 1.5 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,120 | 2,210.986 |
| Lot Size | 2,120 | 7,346.256 |
| Price | $449.9K | $598.8K |
| Price per sq ft | $212 | $280 |
| Built year | 2010 | 2003 |
| HOA | $152 | $224 |
| Days on market | 173 | 71 |
Pricing History
Listed for Sale
Aug 21, 2026
$449,900
$459,999
-2% Price Drop
Initial Listing
Price Change
Aug 10, 2026
$459,999
$485,000
-5% Price Drop
Initial Listing
Price Change
Mar 20, 2026
$485,000
Initial Listing