4708 E Cloudburst Drive, Gilbert, AZ 85297, Gilbert, 85297 - 4 bed, 2 bath
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Gilbert, AZ 85297
This Turnkey Single-Level Residence is a Prime Investment Opportunity with a List Price of $485,000—positioned well below the $495,903 Fair Market Value by 2%. This valuation gap offers $10,903 in Instant Equity for a home in Excellent Condition. Boasting a renovated kitchen, new HVAC, and new windows, the property provides a maintenance-free lifestyle in the award-winning Power Ranch community. With access to 9/10 rated schools like Higley High, it is the perfect fit for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4708 E Cloudburst Drive Subject | $485,000* List Price | 4 | 2 | 1,773 | $280 | - |
A 4452 E MORENO Court Sold | $430,000 | 4 | 2 | 1,698 | $253 | 0.4 mi |
B 3942 S MANDARIN Way Sold | $520,000 | 4 | 3 | 2,006 | $259 | 0.8 mi |
C 4224 S Fireside Court Pending | $465,000 List Price | 4 | 2 | 1,773 | $262 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2004, the property qualifies for an excellent rating due to a comprehensive recent renovation (<5 years). Key updates include a new HVAC system, new windows, and new flooring throughout. The kitchen and bathrooms have been stylishly refreshed with modern finishes, and the home is in mint, move-in-ready condition with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7437, living area = 1773.
Middle School: Sossaman Middle School (9/10). High School: Higley High School (9/10).
The property features significant recent capital improvements, including new windows, flooring, a refreshed kitchen, and an upgraded HVAC system, providing a move-in-ready experience with reduced immediate maintenance concerns.
With four bedrooms configured within 1,773 square feet, the individual room dimensions and common areas may feel somewhat constrained compared to larger floor plans in the same price segment.
The association fee of $402 represents a notable recurring carrying cost that potential buyers must integrate into their long-term affordability calculations.
Welcome to this beautifully updated single-level home in the highly sought-after, award-winning community of Power Ranch. Known for its incredible amenities, residents enjoy access to community pools, 11 parks, & over 200 acres of open green space, perfect for an active and connected lifestyle. This thoughtfully designed four-bedroom, two-bath home offers both comfort and value, with extensive updates already completed for you. Step inside to find new flooring throughout, new windows, recently upgraded HVAC system, and stylishly refreshed kitchen and bathrooms that blend modern finishes with everyday functionality. The open, single-level layout provides ease and flexibility, while the move-in-ready condition allows you to settle in without the hassle of renovations. Out back, a beautifully designed yard creates the perfect space to relax or entertain, featuring a paver patio, extended seating area, and low-maintenance turf, ideal for enjoying Arizona evenings without the upkeep. Priced under $500,000, this home presents an exceptional opportunity to own in one of the area's most desirable communities while enjoying updated features, practical living, and a lock-and-leave lifestyle.
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades PK-8 • 0.5 mi
Grades 7-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,773 | 2,322.5 | 25% |
| Lot Size | 7,437 | 7,523.5 | 49% |
| Price | $485.0K | $0 | 68% |
| Price per sq ft | $274 | $0 | 76% |
| Built year | 2004 | 2004 | 50% |
| HOA | $402 | $180 | 96% |
| Days on market | 51 | 2613 | 1% |
Apr 18, 2026
$485,000
Initial Listing