
Gilbert, AZ 85296
This Single Family Residence is a Strong Value Opportunity, listed at $499,900—positioned well below the $473,887 Fair Market Value by -5%. While the home is in Fair Condition, it features significant capital improvements including a New Roof, HVAC, and Ductwork. The No HOA status, RV Gate, and Private Pool provide rare flexibility in the Gilbert market. Despite mixed school ratings, the property’s location near the Heritage District offers high lifestyle appeal. This is an ideal acquisition for Owner-Occupants seeking value or first-time buyers ready to personalize.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 407 E CENTURY Avenue Subject | $499,900* List Price | 3 | 2 | 1,760 | $269 | - |
A 309 E MESQUITE Street Sold | $460,000 | 3 | 2 | 1,581 | $291 | 0.4 mi |
B 960 E SARATOGA Street Sold | $465,000 List Price | 4 | 2 | 1,656 | 1.0 mi | |
C 278 E SAGEBRUSH Street Sold | $595,000 | 4 | 2 | 2,262 | $263 | 0.7 mi |
D 441 E SARATOGA Street Sold | $400,000 List Price | 3 | 2 | 1,873 | 0.7 mi | |
E 260 S YALE Court Pending | $549,000 List Price | 3 | 3 | 1,820 | $302 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is over 30 years old (built 1991). While it boasts significant system upgrades including a new roof, ductwork, and newer HVAC, the interior remains dated with 1990s-style tile and fixtures, placing it in the 'Fair' category as it is functional but needs cosmetic modernization.
The property features a brand-new roof, insulation, ductwork, and a newer HVAC system, providing significant peace of mind and reducing immediate maintenance costs for the buyer.
A rare find in Gilbert, this home offers the freedom of no HOA restrictions and includes a dedicated RV gate with an oversized lot, perfect for storing trailers, boats, or toys.
Situated on a quiet cul-de-sac near the vibrant Downtown Gilbert Heritage District, the property boasts a private backyard retreat with a sparkling pool and mature landscaping.
While the elementary school is highly rated, the assigned middle and high schools have lower ratings (4/10 and 5/10), which may be a consideration for education-focused families.
Built in 1991, the home may require cosmetic modernizing in the kitchen and bathrooms to align with current design trends and maximize its market value.
NEW ROOF, INSULATION, DUCT WORK, FIXTURES, GARAGE DOOR/OPENER AND NEWER HVAC - AND.... NO HOA!!!!! Located in the heart of Gilbert, this beautifully maintained single-story home is just minutes from the vibrant Downtown Gilbert district. A rare find in a fabulous location with an RV GATE and POOL. An exceptional opportunity for homeowners who want a great community in a CUL DE SAC. Step outside and enjoy your own private backyard retreat featuring a sparkling pool, oversized lot, and RV gate with plenty of room for toys, trailers, boats, or additional parking. The expansive backyard offers endless possibilities for entertaining, gardening, outdoor dining, or simply enjoying Arizona's year-round sunshine with lush trees for plenty of shade. Inside, the single-level layout provides comfortable and functional living with easy flow for everyday life and entertaining alike. Living near Downtown Gilbert means enjoying one of Arizona's most desirable communities, known for its lively atmosphere, locally loved restaurants, coffee shops, breweries, farmers markets, and community events. Residents enjoy access to popular destinations along the Heritage District, plus nearby parks, biking paths, and top-rated schools. Gilbert is consistently recognized for its family-friendly environment, strong sense of community, and convenient access to shopping, dining, and major freeways. Whether you're looking for room to spread out, a backyard built for entertaining, or the freedom of NO HOA living in an unbeatable location, this home checks every box.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades 6-8 • 0.9 mi
Grades 8-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,760 | 2,028 | 39% |
| Lot Size | 6,996 | 6,950 | 50% |
| Price | $499.9K | $0 | 70% |
| Price per sq ft | $284 | $0 | 80% |
| Built year | 1991 | 1999 | 5% |
| HOA | $0 | $135 | 7% |
| Days on market | 18 | 3131 | 1% |
May 26, 2026
$499,900
Initial Listing