
Gilbert, AZ 85296
This Meticulously Maintained Single Family Residence is a Prime Investment Opportunity, listed at $550,000—positioned well below the $565,581 Fair Market Value by 2%. This valuation gap offers $15,581 in Instant Equity for the buyer. Featuring a Sparkling Pool, Covered Patio, and Newer AC, the home maintains a Good Condition Rating. Located near Settlers Point Elementary, this property balances lifestyle comfort with financial stability, making it an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset in Gilbert.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 464 E BAYLOR Lane Subject | $550,000* List Price | 3 | 2 | 2,154 | $263 | - |
A 1224 S CORRINE Drive Sold | $495,000 | 3 | 2 | 1,825 | $271 | 0.2 mi |
B 624 E SHEFFIELD Avenue Sold | $565,000 | 4 | 3 | 2,108 | $268 | 0.2 mi |
C 372 E ARABIAN Drive Sold | $590,000 | 4 | 3 | 2,530 | $233 | 0.8 mi |
D 149 E GAIL Drive Sold | $660,000 | 5 | 3 | 2,621 | $252 | 0.4 mi |
E 1405 S PARK GROVE Circle Sold | $580,000 | 4 | 3 | 2,102 | $276 | 0.3 mi |
F 1019 E WINDSOR Drive Sold | $500,000 | 4 | 2 | 1,868 | $268 | 0.7 mi |
G 755 E ORCHID Lane Sold | $610,000 | 4 | 3 | 2,801 | $218 | 0.4 mi |
H 1440 S IRONWOOD Drive Pending | $547,250 List Price | 3 | 2 | 1,741 | $314 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1997 (29 years old), the property is described as meticulously maintained with key system and kitchen updates, including a newer AC and newer stainless steel appliances. The interior and exterior appear move-in ready and functional, elevating it from 'Fair' to 'Good' based on maintenance and partial renovations.
The property features a private sparkling pool, covered patio, and grassy areas on a desirable North/South facing lot, perfectly suited for the Arizona lifestyle.
This home has been exceptionally well-kept and includes a newer AC system and updated stainless steel appliances, reducing immediate move-in costs for a buyer.
The open-concept floor plan includes a versatile den and an oversized 2.5-car garage with built-in cabinets and a workbench, providing ample space and utility.
Built in 1997, the home is nearly 30 years old, meaning original components such as the roof or plumbing may soon require inspection or modernization.
The assigned elementary and high schools currently hold moderate ratings of 6/10, which may be a consideration for families prioritizing top-tier academic districts.
WELCOME HOME to this STUNNING, open concept home in Gilbert's coveted community of Settler's Meadow. This 3 bedroom/2 bath home with a den and huge living and dining spaces has been METICULOUSLY MAINTAINED! Inviting and grand with Tall ceilings and Natural Light! Beautiful eat in kitchen with newer stainless appliances. Backyard has a covered patio, beautiful sparkling pool and grassy areas on a North/South facing lot! 2.5 car garage with cabinets and workbench. NEWER AC. All this and the pride of living in one of the valley's most established areas. Close to dining, shopping and freeways, this home is a MUST SEE!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 7-8 • 1.0 mi
Grades 8-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,154 | 2,210.986 |
| Lot Size | 7,144 | 7,346.256 |
| Price | $550.0K | $598.8K |
| Price per sq ft | $255 | $280 |
| Built year | 1997 | 2003 |
| HOA | $49 | $224 |
| Days on market | 21 | 71 |
Aug 19, 2026
$550,000
Initial Listing