4081 E MEGAN Court, Gilbert, AZ 85295, Gilbert, 85295 - 4 bed, 3 bath
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Gilbert, AZ 85295
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $665,000—positioned well below the $690,929 Fair Market Value by 3%. This valuation gap offers $25,929 in Instant Equity. The property is in Fair Condition, featuring a private PebbleTec pool and a 10,000+ sq ft cul-de-sac lot. With high-rated schools nearby, this home balances investment potential with lifestyle utility. It is an ideal acquisition for Owner-Occupants seeking value or Buy-and-Hold Investors looking for a unique, high-capacity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4081 E MEGAN Court Subject | $665,000* List Price | 4 | 3 | 2,640 | $255 | - |
A 1929 S COLE Drive Sold | $669,000 | 4 | 3 | 2,902 | $231 | 0.5 mi |
B 4130 E MEGAN Street Sold | $575,000 | 4 | 2 | 2,129 | $270 | 0.1 mi |
C 4043 E PATRICK Court Active | $785,000 List Price | 4 | 3 | 2,860 | $274 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, this 22-year-old home is well-maintained and move-in ready but remains largely in original condition. The kitchen features dated countertops and cabinetry, and the interior finishes like the carpet and oak railings lack modern updates. Per the criteria for properties over 20 years old with dated features, it rates as Fair.
Situated on a massive 10,000+ sq ft cul-de-sac lot, the property features a private PebbleTec pool, offering a superior outdoor living experience ideal for the Arizona climate.
The rare combination of a split 3-car garage and an extended parking slab for up to 5 additional vehicles provides unparalleled space for car enthusiasts, guests, or recreational toys.
The floor plan offers high functionality with a downstairs bedroom and full bath, complemented by a distinctive castle-style turret room that adds memorable character and flexible workspace.
Built in 2002, the home may require cosmetic updates or capital improvements to major systems to meet modern energy efficiency and contemporary aesthetic standards.
The $209 association fee adds a mandatory recurring expense to the cost of ownership, which may impact the overall monthly budget for some buyers.
Some homes simply feel different the moment you walk through the front door. This is one of them. Imagine spending summer days cooling off in your sparkling PebbleTec pool while family and friends gather for weekend barbecues and evening swims under the stars. Situated on a premium 10,000+ sq ft cul-de-sac lot in sought after Ashley Heights, this beautiful 4-bedroom, 3ba home offers 2,640 sq ft of thoughtfully designed living space. Features a separate formal living and dining room, an open-concept kitchen and family room, plus a guest bedroom downstairs and full bath or parent set up. Upstairs with large loft, a unique castle-style turret room.The split 3-car garage plus extended parking slab accommodates up to 5 additional vehicles. Close to parks, schools, & freeways. Move in ready Built by respected Shea Homes, this residence showcases a thoughtfully designed floor plan that blends comfort, flexibility, and timeless appeal. The highly sought-after downstairs bedroom and full bath provide the perfect space for overnight guests, multigenerational living, or a private home office. Upstairs, the spacious loft creates endless possibilities for a media room, game room, homework station, or second family room. Adding to the home's distinctive character is the charming castle-style turret room, a rare architectural feature that can become your reading retreat, craft room, music room, playroom, or inspiring workspace. Step outside and discover an oversized 10,000+ sq. ft. backyard designed for the Arizona lifestyle. Beyond the sparkling PebbleTec pool, you'll find room for entertaining, outdoor dining, pets, gardening, or simply relaxing under our beautiful Arizona sunsets. Ashley Heights is one of Gilbert's most desirable communities, offering parks, playgrounds, walking paths, basketball and volleyball courts, top-rated Higley schools, and convenient access to SanTan Village, Loop 202, shopping, dining, and entertainment. This isn't just a beautiful home it's a place where holidays are celebrated, birthdays are remembered, children grow up, friends gather, and lasting memories are made. "This is more than a home, it's where your next chapter begins."
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades 7-8 • 0.7 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,640 | - |
| Lot Size | 10,000 | - |
| Price | $665.0K | $554.5K |
| Price per sq ft | $252 | $287 |
| Built year | 2002 | 0 |
| HOA | $209 | $0 |
| Days on market | 33 | 2717 |
Jun 19, 2026
$665,000
Initial Listing
Feb 13, 2003
$216,191
Public Record