4337 E DESERT Lane, Gilbert, AZ 85234, Gilbert, 85234 - 5 bed, 3 bath
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Gilbert, AZ 85234
This Spacious 5-Bedroom Residence is a Strong Value Opportunity, listed at $665,000—positioned well below the $700,665 Fair Market Value by 5%. This valuation gap offers $35,665 in Instant Equity. With a Condition Rating of 3, the home features significant 2022 upgrades, including a new roof, HVAC, and a resurfaced saltwater pool. Located near top-rated schools like Towne Meadows Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4337 E DESERT Lane Subject | $665,000* List Price | 5 | 3 | 2,552 | $275 | - |
A 3918 E SAN PEDRO Avenue Sold | $550,000 | 4 | 2 | 2,074 | $265 | 0.6 mi |
B 4219 E SAN REMO Avenue Sold | $605,000 | 5 | 3 | 2,521 | $240 | 0.4 mi |
C 4131 E STANFORD Avenue Sold | $560,000 | 4 | 3 | 2,321 | $241 | 0.5 mi |
D 4131 E STANFORD Avenue Sold | $560,000 | 4 | 3 | 2,321 | $241 | 0.5 mi |
E 620 N HAWK Circle Sold | $490,000 | 3 | 2 | 1,805 | $271 | 0.9 mi |
F 4266 E MILLBRAE Lane Active | $650,000 List Price | 6 | 3 | 2,772 | $234 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1995, the property underwent a major renovation in 2022 (within the last 5 years) including a new roof, HVAC, water heater, and interior cosmetics like paint and flooring. The kitchen features updated stainless appliances despite dated cabinetry, and the bathrooms have been modernized with new vanities and fixtures, making it fully move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10398, living area = 2552.
The property features significant capital improvements from 2022, including a new roof, HVAC system, interior paint, and carpet, offering buyers peace of mind and reduced immediate maintenance costs.
With a three-year track record as a successful short-term rental and the inclusion of all furnishings, this home is an ideal 'plug-and-play' opportunity for investors or vacation home seekers.
Built in 1995, the home may retain some original architectural elements or a floor plan that feels less contemporary than the modern open-concept designs found in newer Gilbert developments.
The property is subject to mandatory association fees and subdivision regulations, which could impact future flexibility regarding property modifications or rental policy changes.
Located in the desirable Superstition Meadows subdivision, this beautifully furnished home offers endless possibilities as a primary residence, vacation getaway, or proven income-producing property with short-term rentals allowed. Successfully utilized as a short-term rental for the past three years, this spacious 5-bedroom, 3-bath home delivers comfort, functionality, and investment potential all in one. Offering 2,552 sq. ft. of living space, this fully finished home features a spacious kitchen with abundant cabinet storage, generous counter space, and an ideal layout for entertaining family and guests. Major upgrades have already been completed, including a new HVAC system in 2022, new roof in 2022, interior paint in 2022, carpet in 2022, resurfaced sparkling salt water pool, update heat pump, and new interior water heater, providing peace of mind for years to come. Step outside to your private backyard oasis featuring a sparkling pool perfect for enjoying Arizona sunsets, entertaining guests, or relaxing year-round. The property also includes a low-maintenance front yard and RV gate for added convenience and flexibility. Conveniently located near shopping, dining, freeway access, and community parks, this home combines location, lifestyle, and versatility. Whether you are looking for an investment opportunity or your next home, this is one you do not want to miss.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 7-8 • 1.1 mi
Grades 8-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 86% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,552 | 2,075.5 | 79% |
| Lot Size | 10,398 | 6,839 | 85% |
| Price | $665.0K | $454.8K | 91% |
| Price per sq ft | $261 | $233 | 58% |
| Built year | 1995 | 1994 | 54% |
| HOA | $480 | $82 | 99% |
| Days on market | 22 | 2540 | 1% |
May 16, 2026
$665,000
Initial Listing