4120 S BUTTE Lane, Gilbert, AZ 85297, Gilbert, 85297 - 5 bed, 3 bath
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Gilbert, AZ 85297
This Premium Family Residence is a Strong Value Opportunity, listed at $629,000—positioned well below the $689,170 Fair Market Value by 8%. This valuation gap provides $60,170 in Instant Equity. Boasting a Good Condition Rating, the home features a Resort-Style Backyard with a private pool and waterslide, alongside Owned Solar Panels for energy efficiency. Located within the elite Perry High School (9/10) boundaries, it offers a perfect blend of lifestyle luxury and financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4120 S BUTTE Lane Subject | $629,000* List Price | 5 | 3 | 2,771 | $249 | - |
A 973 E HOLLAND PARK Drive Sold | $800,000 | 5 | 4 | 2,817 | $284 | 0.6 mi |
B 1423 E CANARY Drive Sold | $655,000 | 4 | 3 | 2,393 | $274 | 0.1 mi |
C 1423 E CANARY Drive Sold | $655,000 | 4 | 3 | 2,393 | $274 | 0.1 mi |
D 874 E FURNESS Drive Active | $669,900 List Price | 5 | 3 | 2,903 | $231 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2013, this 13-year-old home is well within the 10-20 year range for a 'good' rating. It is move-in ready with several recent updates including new flooring in portions of the home and new ceiling fans. The property features well-maintained systems such as owned solar and a solar water heater, while the interior boasts modern touches like executive-height counters and soft-close drawers. The bathrooms and living areas show minimal wear and tear, reflecting pride of ownership.
High School: Perry High School (9/10).
The backyard features a private pool, spa, and waterslide, creating a resort-style atmosphere perfect for Gilbert's climate and family entertainment.
The property includes owned solar panels for both electricity and water heating, offering substantial utility savings and increased long-term value for the homeowner.
At 5,234 square feet, the lot is relatively small for a home of this size, which may result in a cramped backyard feel given the extensive pool and slide features.
The listing specifies that new flooring was only installed in part of the home, which could lead to a lack of visual continuity and potential future costs for the buyer to match the remaining areas.
Do you desire the luxury of your own private pool, spa and waterslide for those hot summer days? In sought after at Villages at Val Vista, this home offers the space that growing families crave within an established neighborhood. The backyard offers the arena that provides opportunities to host many future celebrations. Inside, enjoy executive height counters, soft close drawers, new flooring in part of the home, and new fans. Owned solar includes 12 panels, 9 for power and 3 for the 100 gallon solar water heater. Soft water and RO systems add comfort. Prewired surround sound enhances the main living area and primary loft. This home is ready to guide you to your next chapter in serenity!
No exterior & parking available.
Grades PK-6 • 1.5 mi
Grades 7-8 • 5.1 mi
Grades 8-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 77% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,771 | 2,408 | 66% |
| Lot Size | 5,234 | 7,700 | 11% |
| Price | $629.0K | $450.0K | 72% |
| Price per sq ft | $227 | $215 | 54% |
| Built year | 2013 | 2004 | 87% |
| HOA | $90 | $200 | 25% |
| Days on market | 69 | 2392 | 1% |
Feb 12, 2026
$629,000
Initial Listing