436 N LARKSPUR Street, Gilbert, AZ 85234, Gilbert, 85234 - 3 bed, 2 bath
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Gilbert, AZ 85234
This Upgraded Non-HOA Residence is a High-Potential Investment Opportunity, with a List Price of $485,000—positioned well below the $754,192 Fair Market Value by 35%. This significant valuation gap provides $269,192 in Instant Equity. Boasting an Excellent Condition Rating after $100,000 in recent upgrades, the home features a remodeled kitchen, private pool, and owned solar panels. Located walking distance from Downtown Gilbert and Burk Elementary, it offers a premium lifestyle with no restrictive covenants. This is an exceptional find for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 436 N LARKSPUR Street Subject | $485,000* List Price | 3 | 2 | 1,310 | $576 | - |
A 521 E ENCINAS Avenue Sold | $479,000 | 3 | 2 | 1,702 | $281 | 0.7 mi |
B 136 E SAN ANGELO Avenue Sold | $475,000 | 3 | 2 | 1,502 | $316 | 0.8 mi |
C 51 N COTTONWOOD Drive Pending | $499,999 List Price | 4 | 2 | 1,400 | $357 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1980, this property has undergone extensive recent renovations exceeding $100,000, placing it in the excellent category. Major updates include a new roof, newer HVAC with a garage split system, owned solar, and a complete remodel of the kitchen and bathrooms. The interior features modern flooring and contemporary light fixtures, while the exterior has been fully transformed with a high-end pool and professional landscaping, leaving no deferred maintenance.
Situated within walking distance of Downtown Gilbert's vibrant dining and entertainment district, this property offers a rare non-HOA lifestyle with no monthly fees or restrictive covenants.
With over $100K in upgrades, including a new roof, newer AC, and owned solar panels, the home provides immediate peace of mind and substantial long-term energy savings.
The property features a fully upgraded backyard with a private pool and a climate-controlled garage with a split AC unit, offering versatile space for a workshop, gym, or storage.
At 1,310 square feet for a three-bedroom layout, the interior living space is relatively modest, which may feel restrictive for buyers seeking larger common areas or expansive rooms.
Despite extensive modern updates, the home's 1980 build date may still present limitations in original floor plan flow or older underlying infrastructure compared to newer developments.
Welcome to this beautifully upgraded non HOA home just a short walk from the heart of Downtown Gilbert, where you can enjoy top-rated restaurants, nightlife, shopping and year-round events. Major updates are already done for peace of mind, including a new roof, newer AC and a fully upgraded backyard with a stunning pool, perfect for entertaining or relaxing in your own private retreat. Inside, you'll find a remodeled kitchen, updated bathrooms and upgraded flooring throughout. The garage has been enhanced with a split unit, insulation and flooring, making it a great space for a workshop, gym or climate-controlled storage. Additional upgrades include insulation, a newer hot water heater and an updated laundry room. This home is also energy efficient with owned solar, a water softener, reverse osmosis system and an owned security system. Outside, you'll appreciate drip irrigation, trim lighting and an RV 220V outlet. With over $100K in upgrades and an unbeatable location, this home offers the perfect mix of comfort, efficiency and lifestyle.
No exterior & parking available.
Grades PK-6 • 0.1 mi
Grades 8-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,310 | 2,023 | 5% |
| Lot Size | 6,704 | 6,913 | 42% |
| Price | $485.0K | $479.0K | 51% |
| Price per sq ft | $370 | $256 | 94% |
| Built year | 1980 | 1994 | 2% |
| HOA | $0 | $75 | 21% |
| Days on market | 26 | 2339 | 1% |
Mar 27, 2026
$485,000
Initial Listing