433 W DESERT Avenue, Gilbert, AZ 85233, Gilbert, 85233 - 4 bed, 3 bath
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Gilbert, AZ 85233
This Single Family Residence is a High-Potential Investment Opportunity, listed at $725,000—positioned well above the $620,906 Fair Market Value by 16%. While the home features a Fair Condition Rating due to original 1990s finishes, it offers a functional split floorplan with 12-foot-plus ceilings, a 3-car garage, and a private play-pool. Despite the premium list price, the property provides a solid foundation for cosmetic updates. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, well-located home in Gilbert.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 433 W DESERT Avenue Subject | $699,900* List Price | 4 | 3 | 2,661 | $252 | - |
A 1342 N MCKENNA Lane Active Under Contract | $579,900 List Price | 5 | 3 | 2,650 | $219 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, the home is approximately 27-29 years old. While the listing describes it as 'pristine' and 'move-in ready,' the photographic evidence shows original 1990s finishes, including oak cabinetry, brass fixtures, and dated tile/counters in the bathrooms. Per the criteria, homes over 20 years old with dated interiors are classified as Fair.
The home features impressive 12-foot-plus ceilings and a desirable split floorplan, creating an expansive, airy atmosphere that maximizes both privacy and communal living space.
The oversized three-car garage is highly functional, featuring professional epoxy flooring, built-in storage cabinets, and essential utility upgrades like a water softener and RO system.
The backyard is designed for immediate enjoyment with a private play-pool, covered patio, and new timed lighting, all set within low-maintenance desert landscaping.
While the elementary school is conveniently close, the assigned schools carry average ratings (4 and 5), which may be a drawback for families specifically targeting Gilbert's top-tier academic districts.
Built in 1997, the property is approaching a 30-year milestone where major systems like the roof or HVAC may soon require significant capital investment despite the home's pristine cosmetic condition.
Pristine single-level home. This thoughtfully designed split floorplan features soaring 12-foot-plus ceilings, enhanced by neutral finishes. The spacious kitchen and great-room with ample cabinets and oversized island is highly functional and centers around a cozy gas fireplace, making it ideal for everyday living and entertaining. The 3-car garage includes storage cabinets and epoxy flooring, plumbed water softener, and a 50-gallon Rudd water heater for added efficiency and convenience. Step outside to your low-maintenance desert landscaping, with covered patio, play-pool and newly added timed lighting, allowing more time to relax and enjoy the view day or night. With its exceptional condition, desirable single-level layout, this home is move-in ready. Pristine single-level home offering the perfect blend of comfort, style, and functionality. This thoughtfully designed floorplan features soaring 12-foot-plus ceilings throughout, creating an open and spacious feel enhanced by neutral finishes that complement any décor. The inviting great room centers around a cozy gas fireplace, making it ideal for everyday living and entertaining. The well-appointed home includes a 3-car garage, water softener, reverse osmosis (RO) system, and a 50-gallon Ruud water heater for added efficiency and convenience. low-maintenance landscaping, this home is truly move-in ready.
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades 8-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,661 | - |
| Lot Size | 8,024 | - |
| Price | $699.9K | $554.5K |
| Price per sq ft | $263 | $287 |
| Built year | 1997 | 0 |
| HOA | $71 | $0 |
| Days on market | 47 | 2717 |
Jun 15, 2026
$699,900
$725,000
-3% Price Drop
Initial Listing
Jun 5, 2026
$725,000
Initial Listing