4402 E INDIGO BAY Drive, Gilbert, AZ 85234, Gilbert, 85234 - 4 bed, 5 bath
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Gilbert, AZ 85234
Analysis of 4402 E INDIGO BAY Drive, Gilbert, AZ 85234 is currently available with a list price of $1,950,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Gilbert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1994, making it 32 years old. While the description notes it is 'immaculate' and 'custom built,' the age puts it in the 'Fair' category (>20 years). The interior photos show dated aesthetics such as 90s-style oak flooring, traditional crown molding, and older fixtures. At this age, major systems like HVAC and the roof are likely nearing the end of their functional lifespan unless recently replaced.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29172, living area = 4151.
Situated on over half an acre, the property features a diving pool, citrus trees, and dedicated play areas, offering a rare level of outdoor utility and privacy in Gilbert.
The home showcases superior finishes including real oak-wood flooring, custom crown molding, and a gourmet kitchen equipped with premium extras like a warming drawer and ice-maker.
Built in 1994, the home may require updates to major mechanical systems or aesthetic modernizations to compete with newer luxury inventory in the same price bracket.
With only 4 bedrooms for a $2M+ price point, the property may face competition from larger estates that offer more sleeping quarters for families seeking maximum capacity.
Stunning and Immaculate. A must see to witness true proud home-ownership. Everything is custom built and selected from the best products available. Home sits on over a half acre lot with Irrigation, Diving pool, Citrus trees, playground and sports equipment. Enter to a welcoming round staircase to the second level including real oak-wood flooring throughout. Also comes with Shutters, Crown Molding and Central Vacuum, with lots of storage cabinets around. Enjoy a spacious kitchen with extras such as an ice-maker, a warming drawer and a large walk-in pantry. A high bar with extra sitting for your quests. The large family room boasts a fireplace, surround sound, and lots of shelves for books or any display items.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 97% |
| Square foot | 4,151 | 2,075.5 | 97% |
| Lot Size | 29,172 | 6,839 | 95% |
| Price | $1.95M | $454.8K | 99% |
| Price per sq ft | $470 | $233 | 97% |
| Built year | 1994 | 1994 | 50% |
| HOA | $420 | $82 | 98% |
| Days on market | 37 | 2540 | 1% |
May 17, 2026
$1,950,000
$2,099,000
-7% Price Drop
Initial Listing
May 1, 2026
$2,099,000
Initial Listing