4290 E PALO VERDE Street, Gilbert, AZ 85296, Gilbert, 85296 - 4 bed, 2 bath
Loading property details...
Gilbert, AZ 85296
This Stunning Turnkey Residence is a Strong Value Opportunity, listed at $565,000—positioned well below the $588,298 Fair Market Value by 3%. This valuation gap provides $23,298 in Instant Equity. Boasting an Excellent Condition Rating, the 2017-built home features a custom backyard pavilion, a unique 150 sq ft flex space, and access to the 9/10 rated Greenfield Elementary School. Located in the iconic Morrison Ranch, it offers a polished lifestyle for growing families or lifestyle-focused buyers seeking immediate comfort and long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4290 E PALO VERDE Street Subject | $565,000* List Price | 4 | 2 | 1,706 | $345 | - |
A 4092 E Appaloosa Road Sold | $670,000 List Price | 5 | 3 | 1,951 | 0.5 mi | |
B 4143 E APPALOOSA Road Active | $634,850 List Price | 4 | 2 | 1,793 | $354 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this property is well within the 10-year threshold for an excellent rating and shows like a model home. The interior features modern upgrades including an updated kitchen with white cabinetry, granite countertops, and stainless steel appliances. The flooring consists of high-quality large-format tile and wood-look tile, complemented by contemporary neutral paint, recessed lighting, and updated fixtures. The addition of a custom backyard pavilion and a 150 sq ft flexible living space further enhances the property's value and condition, with no visible deferred maintenance.
Elementary School: Greenfield Elementary School (9/10).
Situated in the highly desirable Morrison Ranch, the property benefits from a top-tier master-planned environment known for its unique aesthetic, green belts, and strong long-term resale value.
The addition of a 150 sq ft flexible room and a custom backyard pavilion provides rare versatility for a home office or outdoor entertaining, set apart from standard floor plans in the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1706, other record living area = 1576.
With a lot size of 5,750 sq ft, the outdoor space is relatively compact, which may be a drawback for buyers seeking expansive private yards or significant distance from neighbors.
The $429 association fee represents a notable recurring carrying cost that buyers must factor into their monthly budget, potentially impacting overall affordability.
Welcome to one of Gilbert's most sought-after communities, Morrison Ranch. Built in 2017 and thoughtfully enhanced, this home features a stunning backyard pavilion and an additional 150 sq ft of flexible space leading outdoors, perfect for a home office, mudroom, or creative retreat tailored to your lifestyle. Inside, you'll find a spacious and functional layout with 4 bedrooms and 2 bathrooms, designed for both everyday living and entertaining. The open-concept floor plan seamlessly connects the updated kitchen to the living area, creating a warm and inviting atmosphere. Ideally located near top-rated schools, parks, and a variety of dining and shopping options, this home offers the perfect blend of comfort, convenience, and community living.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades PK-6 • 1.7 mi
Grades PK-6 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 43% |
| Square foot | 1,706 | 2,089 | 34% |
| Lot Size | 5,750 | 6,743 | 31% |
| Price | $565.0K | $445.0K | 69% |
| Price per sq ft | $331 | $232 | 88% |
| Built year | 2017 | 2001 | 90% |
| HOA | $429 | $140 | 91% |
| Days on market | 28 | 2528 | 1% |
Mar 26, 2026
$565,000
Initial Listing