4547 S Banning Drive, Gilbert, AZ 85297, Gilbert, 85297 - 5 bed, 5 bath
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Gilbert, AZ 85297
This Luxury Turnkey Estate in the gated Weston Ranch community is listed at $1,995,900—positioned well below the $2,028,630 Fair Market Value by 1%. This valuation gap offers $32,730 in Instant Equity for a residence maintaining an Excellent Condition Rating after comprehensive 2020 updates. Featuring a versatile guest casita, resort-style pool and spa, and proximity to Top-Rated Schools like Higley High (9/10), this property balances high-end finishes with functional multi-generational living. It is the perfect sanctuary for multi-generational families or luxury homeowners.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4547 S Banning Drive Subject | $1,995,900* List Price | 5 | 5 | 5,364 | $378 | - |
A 4509 S BANNING Drive Sold | $1,940,000 | 5 | 5 | 5,283 | $367 | 0.1 mi |
B 4509 S BANNING Drive Sold | $1,940,000 | 5 | 5 | 5,283 | $367 | 0.1 mi |
C 2520 E WINCHESTER Drive Active | $1,595,000 List Price | 5 | 5 | 5,081 | $314 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent an extensive renovation in 2020, which is within the 5-year threshold for an excellent rating. The updates include modern large-format tile flooring throughout, completely remodeled bathrooms with contemporary freestanding tubs and high-end vanities, and new HVAC systems. The interior features current design trends such as crystal chandeliers, recessed lighting, and a neutral color palette. The kitchen and guest casita kitchenette are well-maintained, and the outdoor living space is in pristine condition with a heated pool, spa, and synthetic turf.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33356, living area = 5364.
Middle School: Sossaman Middle School (9/10). High School: Higley High School (9/10).
The property underwent significant renovations in 2020, including new flooring, updated bathrooms, and new HVAC systems, ensuring modern efficiency and aesthetic appeal.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5364, other record living area = 4266.
The association fee of $770 represents a significant recurring carrying cost that may impact the overall affordability for some buyers compared to nearby non-gated communities.
The massive lot size and extensive outdoor features, including the heated pool and spa, require substantial ongoing maintenance and higher utility expenditures.
This stunning home in gated Weston Ranch has 5-bedroom and 5.5 baths and is situated on a ¾ acre lot accross from the community park with a large front courtyard entry. It has been updated in 2020 with new flooring, baths and HVACs. The open floor plan has the Great room opening to the kitchen and formal dining room with tall ceilings and plenty of natural light pouring in from large windows. The home also includes a spacious guest Casita with its own kitchenette. The park-like backyard features synthetic turf heated pool and spa with covered pergola. There is even room for a pickle ball court. Plenty of room for cars and toys in the 4 car garage.
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades 7-8 • 2.6 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 77% |
| Baths | 5.0 | 3.0 | 95% |
| Square foot | 5,364 | 2,408 | 99% |
| Lot Size | 33,356 | 7,700 | 94% |
| Price | $2.00M | $450.0K | 99% |
| Price per sq ft | $372 | $215 | 96% |
| Built year | 2011 | 2004 | 71% |
| HOA | $770 | $214 | 99% |
| Days on market | 19 | 2392 | 1% |
Apr 3, 2026
$1,995,900
Initial Listing