
Gilbert, AZ 85233
This Move-In Ready Lake Community Home is listed at $515,000, representing a stable acquisition aligned with its $497,802 Fair Market Value. Boasting a Condition Rating of 3, the residence features significant updates including stone countertops, new interior paint, and new carpeting. Situated on a premium cul-de-sac lot in Lago Estancia, the home features a private patio and offers excellent proximity to downtown Gilbert. Served by Gilbert Elementary and Mesquite High, this property is an ideal match for Owner-Occupants or growing families seeking a polished, turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 490 S CATALINA Street Subject | $515,000* List Price | 4 | 3 | 1,872 | $266 | - |
A 201 W SMOKE TREE Road Sold | $430,000 | 4 | 2 | 2,014 | $214 | 0.1 mi |
B 380 W SMOKE TREE Road Sold | $581,000 List Price | 4 | 2 | 1,642 | 0.2 mi | |
C 568 S GOLDEN KEY Street Sold | $480,000 List Price | 4 | 3 | 2,018 | 0.5 mi | |
D 564 W Candlewood Lane Sold | $501,000 | 3 | 2 | 1,846 | $271 | 0.3 mi |
E 507 W Sierra Madre Avenue Sold | $560,000 | 4 | 3 | 2,182 | $257 | 0.6 mi |
F 507 W SIERRA MADRE Avenue Sold | $560,000 | 4 | 3 | 2,182 | $257 | 0.6 mi |
G 466 W SMOKE TREE Road Active | $600,000 List Price | 4 | 3 | 1,944 | $309 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent cosmetic updates, including new interior paint, new carpeting, and newer vinyl flooring. The kitchen and bathrooms have been modernized with updated stone countertops, a contemporary subway tile backsplash, and refreshed cabinetry. While the home was built in 1995, the well-maintained systems and recent aesthetic improvements align with the 'good' condition criteria.
Situated in the desirable Lago Estancia lake community, the home offers excellent proximity to downtown Gilbert's dining and entertainment, as well as direct access to the Western Canal Trail for outdoor recreation.
The property features significant recent interior improvements, including fresh paint, new carpeting, and newer vinyl flooring, allowing for an immediate and easy transition for new owners.
Located on a spacious cul-de-sac lot, this home provides enhanced privacy, reduced traffic, and a larger outdoor space compared to standard interior lots in the neighborhood.
The assigned public schools for this address currently hold a rating of 4/10, which may be a consideration for families prioritizing high-ranking educational districts.
With a construction date of 1995, the property may soon require capital improvements for original major systems such as the roof or HVAC, which are not noted as recently replaced.
Beautiful home on large cul-de-sac lot in lake community of Lago Estancia. Close to downtown Gilbert, shopping, and entertainment, with easy freeway access. Nearby Western Canal Trail offering a multi-use path between Tempe, Chandler, Gilbert, and Mesa. Offering 4 bedrooms with 2.5 baths. New interior paint, new carpet, newer vinyl flooring, with low maintenace landscaping. All ready to make new memories!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 6-8 • 0.3 mi
Grades 8-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 1,872 | 1,942 | 47% |
| Lot Size | 6,199 | 7,139 | 32% |
| Price | $515.0K | $443.0K | 64% |
| Price per sq ft | $275 | $230 | 64% |
| Built year | 1995 | 1994 | 55% |
| HOA | $90 | $100 | 46% |
| Days on market | 18 | 2291 | 1% |
Apr 4, 2026
$515,000
Initial Listing