
Gilbert, AZ 85234
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $649,999—positioned well above the $622,255 Fair Market Value by -4%. While the property requires modernization, its Condition Rating of 4 and massive 16,230 sqft lot offer significant value-add potential. With no HOA, the property provides rare flexibility for storage or expansion. Located near Houston Elementary, this home is an ideal project for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovations in a prime Gilbert location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 414 E HARVARD Avenue Subject | $649,999* List Price | 5 | 2 | 2,222 | $280 | - |
A 408 E MEADOWS Lane Pending | $535,000 List Price | 4 | 2 | 1,892 | $283 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the property is over 40 years old and shows a mix of aged features and minor cosmetic updates. While the kitchen has been refreshed with painted cabinets and newer flooring, the presence of popcorn ceilings, dated fluorescent light boxes, and original exterior siding indicates the home is dated and requires further modernization of systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16230, living area = 2222.
The property is situated on a massive 16,230 sqft corner cul-de-sac lot, offering rare outdoor space and privacy that is highly sought after in the Gilbert market.
The absence of a homeowners association provides owners with the flexibility to store RVs or trailers and customize the property without the constraints of restrictive bylaws.
Built in 1976, the home likely requires significant updates to its major systems and cosmetic finishes to meet modern energy efficiency and design standards.
With 41 days on the market and a recorded price change, the property may be facing challenges in buyer perception regarding its value relative to its current condition.
Welcome to this super charming Gilbert home tucked away on a spacious corner cul-de-sac lot with no HOA! Offering the perfect blend of privacy, character, and freedom, this property delivers an incredible opportunity to enjoy all that Gilbert living has to offer. From the inviting curb appeal to the oversized lot with endless potential, this home is full of warmth and possibility. Whether you're dreaming of extra space for entertaining, toys, a pool, or simply enjoying the peace of a quiet neighborhood, this one checks all the boxes. More details and photos coming soon -- this is one you won't want to miss!
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 8-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,222 | - |
| Lot Size | 16,230 | - |
| Price | $650.0K | $554.5K |
| Price per sq ft | $293 | $287 |
| Built year | 1976 | 0 |
| HOA | $0 | $0 |
| Days on market | 55 | 2717 |
May 29, 2026
$649,999
Initial Listing