
Gilbert, AZ 85297
This Exceptional Basement Estate in Power Ranch is listed at $1,199,900, offering a stable acquisition at its $1,199,417 Fair Market Value. Boasting a Good Condition Rating, this 5,059 sq. ft. residence features a rare expansive basement with a kitchenette and a private backyard oasis with a sparkling pool and waterfall. Located within walking distance to 9/10 rated schools like Sossaman Middle and Higley High, the property provides a high-end lifestyle in a premier community. This move-in-ready sanctuary is ideal for growing families or multi-generational households.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4552 E CAVALRY Drive Subject | $1,199,900* List Price | 5 | 4 | 5,059 | $237 | - |
A 4711 S PABLO PASS Court Pending | $1,049,000 List Price | 6 | 4 | 4,211 | $249 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003 (21 years old), the property is exceptionally well-maintained and functional. While some features like the cabinetry and glass block windows are original to the build, the kitchen has been updated with a modern painted island and stainless appliances. The home appears move-in ready with high-end finishes and no visible maintenance issues, placing it at the top end of the 'Good' category despite its age.
Middle School: Sossaman Middle School (9/10). High School: Higley High School (9/10).
The expansive basement features a kitchenette and game room, providing a unique and highly desirable secondary living space that is rare for the Arizona market and ideal for multi-generational living or entertaining.
The property boasts a large lot with a sparkling pool, waterfall, and 16-foot sliding glass doors, all while maintaining exceptional privacy due to being surrounded exclusively by single-level homes.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5059, other record living area = 4898.
Built in 2003, the property may soon require capital improvements for major systems such as the roof, HVAC units, or pool equipment if they have not been recently updated.
With over 5,000 square feet of living space and a private pool, buyers should anticipate significant monthly utility and maintenance expenses compared to standard-sized homes in the area.
Welcome to this exceptional basement home, showcasing a timeless design & thoughtful upgrades throughout. The charming front courtyard creates a warm, inviting entry and sets the tone for effortless indoor-outdoor living. The chef-inspired kitchen is both stylish & functional w/ thick granite countertops, gas cooking, stainless steel appliances, and beautifully crafted cabinetry. The family room offers a cozy yet refined atmosphere w/ custom built-ins and stone fireplace. The primary suite includes a spa-like bathroom w/ elegant finishes. Downstairs, the expansive basement is designed for fun & flexibility, complete with a kitchenette, game room, and generously sized bedrooms. Large 16-foot sliding glass doors open to a truly private backyard oasis, surrounded by single-level homes for added seclusion. Enjoy lush palm landscaping, a sparkling pool with a tranquil waterfall, and plenty of space to unwind or entertain. Additional highlights include an oversized three-car garage and a prime location within walking distance to top-rated schools, parks, and all that Power Ranch has to offer.
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades PK-8 • 0.3 mi
Grades PK-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 4.0 | 3.0 | 82% |
| Square foot | 5,059 | 2,451 | 97% |
| Lot Size | 13,648 | 7,700 | 93% |
| Price | $1.20M | $450.0K | 94% |
| Price per sq ft | $237 | $215 | 59% |
| Built year | 2003 | 2004 | 50% |
| HOA | $402 | $214 | 97% |
| Days on market | 6 | 2392 | 1% |
Apr 16, 2026
$1,199,900
Initial Listing