
Gilbert, AZ 85296
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4054 E Cathy Drive Subject | $485,000* List Price | 3 | 3 | 2,120 | $242 | - |
A 3687 E LESLIE Drive Sold | $400,000 | 3 | 3 | 2,187 | $183 | 0.5 mi |
B 1560 S OWL Drive Sold | $350,000 | 3 | 3 | 1,295 | $270 | 0.6 mi |
C 1368 S Ponderosa Drive Active Under Contract | $429,000 List Price | 3 | 3 | 1,764 | $243 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
The front and back yards are specifically designed for minimal upkeep, offering a private outdoor retreat without the time-consuming maintenance of traditional landscaping.
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.
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.
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.
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
No exterior & parking available.
Grades 7-8 • 0.2 mi
Grades PK-8 • 1.3 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,120 | 2,089.5 | 51% |
| Lot Size | 2,120 | 6,743 | 2% |
| Price | $485.0K | $445.0K | 60% |
| Price per sq ft | $229 | $230 | 50% |
| Built year | 2010 | 2001 | 80% |
| HOA | $152 | $140 | 58% |
| Days on market | 33 | 2527 | 1% |
Mar 20, 2026
$485,000
Initial Listing