4836 S BUTTERNUT Court, Gilbert, AZ 85298, Gilbert, 85298 - 4 bed, 3 bath
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Gilbert, AZ 85298
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $670,000—positioned well below the $697,625 Fair Market Value by 3%. This valuation gap provides $27,625 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home offers a versatile floor plan with a downstairs bedroom, granite kitchen, and an oversized cul-de-sac lot. Located in the prestigious Layton Lakes community, this property is an ideal acquisition for Owner-Occupants seeking long-term value or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4836 S BUTTERNUT Court Subject | $649,000* List Price | 4 | 3 | 2,793 | $241 | - |
A 5142 S McMinn Street Sold | $825,000 | 4 | 3 | 2,856 | $289 | 0.4 mi |
B 5142 S MCMINN Drive Sold | $825,000 | 4 | 3 | 2,867 | $288 | 0.4 mi |
C 1099 E TEKOA Avenue Sold | $685,000 List Price | 4 | 3 | 2,301 | 0.2 mi | |
D 1538 E NIGHTINGALE Lane Sold | $575,000 | 4 | 3 | 2,421 | $238 | 0.6 mi |
E 4922 S LEISURE Way Pending | $740,000 List Price | 4 | 3 | 2,587 | $286 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2014, the property is approximately 12 years old, placing it squarely in the 'Good' category. The kitchen and bathrooms are well-maintained with functional granite countertops and stainless steel appliances. The home is move-in ready with systems that are within their expected mid-life operational range.
The home features a highly desirable downstairs bedroom and full bath, ideal for multigenerational living, alongside a spacious upstairs loft that offers flexible living space.
Situated on an oversized cul-de-sac lot, the property includes an extended driveway and a three-car garage with epoxy flooring, providing superior exterior utility and privacy.
Located in the prestigious Layton Lakes community, the property offers immediate access to scenic lakes, walking trails, and top-rated Gilbert schools, driving long-term value.
With a 2014 build date, original high-ticket items such as the HVAC units and water heater are approaching the 10-12 year mark, where maintenance or replacement costs typically increase.
The $310 association fee adds a mandatory recurring expense to the property's carrying costs, which may impact the overall affordability for some prospective buyers.
**Back to school price improvement!** Welcome to this beautifully appointed 4-bedroom, 3-bath home nestled on a quiet cul-de-sac in the highly sought-after Layton Lakes community! Situated on an oversized lot, this exceptional property offers curb appeal with an extended driveway and a spacious 3-car garage featuring durable epoxy flooring. Step inside to a grand two-story foyer with soaring 20-foot ceilings and an elegant staircase that creates an impressive first impression. The thoughtfully designed floor plan features a desirable downstairs bedroom and full bath, ideal for guests, multigenerational living, or a private home office. At the heart of the home, the spacious kitchen is designed for both everyday living and entertaining, complete with granite countertops, stainless steel appliances, a large island, walk-in pantry, built-in desk, and reverse osmosis system. Neutral tile and wood flooring flow throughout the main living areas, creating a warm and inviting atmosphere. Upstairs, a large loft provides the perfect space for a game room, home gym, or additional living area to fit your lifestyle. With generous living spaces, an oversized backyard, and an unbeatable location near the community lakes, parks, walking trails, top-rated schools, shopping, and dining, this home offers the perfect blend of comfort, style, and convenience. Don't miss your opportunity to own this incredible Layton Lakes home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,793 | - |
| Lot Size | 8,766 | - |
| Price | $649.0K | $554.5K |
| Price per sq ft | $232 | $287 |
| Built year | 2014 | 0 |
| HOA | $310 | $0 |
| Days on market | 35 | 2717 |
Jul 9, 2026
$649,000
$660,000
-2% Price Drop
Initial Listing
Jul 1, 2026
$660,000
$670,000
-1% Price Drop
Initial Listing
Jun 18, 2026
$670,000
Initial Listing