4337 E VAUGHN Avenue, Gilbert, AZ 85234, Gilbert, 85234 - 5 bed, 3 bath
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Gilbert, AZ 85234
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $599,999—positioned well above the $544,560 Fair Market Value. While priced at a premium, the home maintains a Good Condition Rating and features a highly functional layout with a downstairs bedroom and modern kitchen upgrades. Located in the prestigious Morrison Ranch, the property offers a premium lifestyle with lake access and tree-lined streets. This home is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or long-term residents prioritizing community prestige.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4337 E VAUGHN Avenue Subject | $599,999* List Price | 5 | 3 | 2,556 | $213 | - |
A 4678 E OLNEY Avenue Sold | $460,000 | 4 | 3 | 2,292 | $201 | 0.4 mi |
B 4678 E OLNEY Avenue Sold | $460,000 | 4 | 3 | 2,292 | $201 | 0.4 mi |
C 3947 E ENCINAS Avenue Sold | $489,000 List Price | 4 | 3 | 2,039 | 1.0 mi | |
D 4384 E PAGE Avenue Pending | $527,000 List Price | 4 | 3 | 2,147 | $245 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (18 years old), the property falls within the 10-20 year range for 'Good' condition. The interior is well-maintained and move-in ready, featuring functional updates such as granite countertops, stainless steel appliances, and refreshed bathrooms. The addition of a whole-home water system and designer finishes like crown molding indicates pride of ownership and minimal immediate maintenance needs.
Located in the prestigious Morrison Ranch, the property offers a unique aesthetic with tree-lined streets, lakes, and extensive green belts that command strong resale value.
The 2,556 sqft floor plan is exceptionally functional, featuring five bedrooms plus a loft, including a sought-after downstairs bedroom perfect for guests or multi-generational living.
The home is equipped with valuable modern updates, including a whole-home water system, water softener, and updated bathrooms, reducing immediate move-in costs for buyers.
With a lot size of only 3,960 sqft for a large two-story home, the backyard space is relatively constrained, which may be a drawback for buyers seeking a large private yard.
Built in 2006, major mechanical systems and the roof may be nearing the end of their typical 20-year life cycle, potentially necessitating significant capital expenditures in the near future.
This charming 5-bed,3-bath home in the desirable Morrison Ranch neighborhood will not disappoint.Gorgeous lake community with tree-lined streets, large green belts and parks. Fabulous interior showcases designer paint, layered crown molding and tons of natural light. Perfect for gatherings, you have a welcoming living/dining room combo and a large family room w/additional eating area! The impressive kitchen boasts sleek SS appliances, granite counters, a pantry and center island. Modern bathroom updates, water softener and whole home water system. One bedroom downstairs and four bedrooms upstairs along w/flexible loft upstairs! Sizable main bedroom has an ensuite with dual sinks, separate tub/shower & a walk-in closet. Beautiful pavers and raised flowerbeds in the backyard with gazebo.
No exterior & parking available.
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 | 2,556 | 2,075.5 | 79% |
| Lot Size | 3,960 | 6,817 | 8% |
| Price | $600.0K | $454.8K | 87% |
| Price per sq ft | $235 | $230 | 50% |
| Built year | 2006 | 1994 | 88% |
| HOA | $425 | $82 | 98% |
| Days on market | 25 | 2540 | 1% |
May 13, 2026
$599,999
Initial Listing