4373 S 165TH Way, Gilbert, AZ 85297, Gilbert, 85297 - 4 bed, 2 bath
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Gilbert, AZ 85297
This Rare Irrigated Horse Property represents a High-Potential Investment Opportunity, listed at $950,000—positioned well below the $976,162 Fair Market Value by 2%. This valuation gap offers $26,162 in Instant Equity. With a Condition Rating of 3, the home features a brand-new roof and updated HVAC, providing immediate stability. The 1-acre lot, massive 1,500 sq. ft. workshop, and no HOA make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-utility lifestyle property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4373 S 165TH Way Subject | $950,000* List Price | 4 | 2 | 2,124 | $460 | - |
A 2830 E RYAN Road Active | $975,000 List Price | 4 | 3 | 2,349 | $415 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2001, the property is well-maintained and move-in ready. It features critical high-ticket updates including a brand-new roof (2026) and updated HVAC systems (2024). While some interior elements like the oak cabinetry are dated, the inclusion of granite countertops and the excellent condition of major systems elevate it above the 'Fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44176, living area = 2124.
The property features a massive 1,500 sq. ft. workshop with three roll-up doors plus an additional 3-car garage, offering unparalleled space for RVs, boats, or a home-based business.
Finding a fully irrigated 1-acre horse property with no HOA in Gilbert is increasingly difficult, providing owners with unique freedom and significant land utility.
Built in 2001, the interior finishes may feel dated to modern buyers, potentially requiring additional investment to bring the aesthetic up to current luxury standards.
At a list price of $950,000 for approximately 2,100 sq. ft. of living space, the valuation is heavily weighted toward the land and outbuildings, which may limit appeal for those seeking more interior square footage.
Rare Opportunity to Own a Fully Irrigated 1-Acre Horse Property in Gilbert! Enjoy the freedom that comes with this hard-to-find 1-acre irrigated property featuring no HOA, horse and animal privileges, and plenty of room for RVs, trailers, boats, and all your toys. The fully fenced lot offers endless possibilities with a 1,500 sq. ft. workshop complete with three roll-up doors and a man door, plus an additional 3-car garage for exceptional storage and workspace. Inside, you'll find a spacious floor plan featuring granite countertops, a large pantry, generous laundry room, and a spacious primary suite with bay windows, a 13' x 10' walk-in closet, dual sinks, a separate shower, and a large soaking tub. Major updates include updated heating/AC systems (2024) and a brand-new roof (2026) The front and backyard are fully landscaped, while the property is enclosed with a block wall for added privacy and curb appeal. Whether you're looking for room to build your dream lifestyle, operate a hobby business, accommodate horses, or simply enjoy wide-open space in one of Gilbert's most desirable locations, this exceptional property offers opportunities that are increasingly rare to find.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,124 | - |
| Lot Size | 44,176 | - |
| Price | $950.0K | $554.5K |
| Price per sq ft | $447 | $287 |
| Built year | 2001 | 0 |
| HOA | $0 | $0 |
| Days on market | 17 | 2717 |
Jul 6, 2026
$950,000
Initial Listing