4984 S COBBLESTONE Street, Gilbert, AZ 85298, Gilbert, 85298 - 5 bed, 3 bath
Loading property details...
Gilbert, AZ 85298
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $769,995—positioned well below the $843,644 Fair Market Value by 8%. This valuation gap offers $73,649 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes modern white oak flooring, a sparkling pool, and a downstairs primary suite. With major systems like the roof and AC recently updated, this property is a perfect fit for growing families or discerning owner-occupants seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4984 S COBBLESTONE Street Subject | $769,995* List Price | 5 | 3 | 2,792 | $302 | - |
A 5142 S MCMINN Drive Sold | $825,000 | 4 | 3 | 2,867 | $288 | 0.5 mi |
B 5142 S McMinn Street Sold | $825,000 | 4 | 3 | 2,856 | $289 | 0.5 mi |
C 1307 E MIA Lane Sold | $605,000 | 3 | 2 | 1,940 | $312 | 0.2 mi |
D 1307 E MIA Lane Sold | $605,000 | 3 | 2 | 1,940 | $312 | 0.2 mi |
E 1179 E REGENT Drive Active Under Contract | $965,000 List Price | 4 | 3 | 2,793 | $346 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2004, the property has undergone a recent high-end renovation (likely <5 years) featuring modern white oak flooring, updated baseboards, and a contemporary kitchen. Major systems are in top condition with a newer roof and two newer AC units, meeting the criteria for a mint-condition renovated home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12601, living area = 2792.
The impressive 12,000+ sq ft lot features a sparkling pool and significant entertaining space, offering a premium outdoor lifestyle that is increasingly rare in Gilbert.
The home boasts a newer roof and two newer AC units, providing buyers with peace of mind and reducing the likelihood of near-term high-ticket maintenance costs.
The property includes a solar lease which requires the buyer to assume a long-term contractual obligation, a factor that can be a deterrent for some financing types or preferences.
While the flooring and baseboards are updated, other areas of this 2004-built home may still feature original cabinetry or fixtures that could require further modernization.
4984 S Cobblestone St isn't just another Gilbert home -- it's the one buyers hope exists when they start scrolling. Set on an impressive 12,000+ sq ft lot in one of Gilbert's most desirable areas, this home delivers the kind of space, function, and lifestyle that is getting harder to find. Step inside to beautiful white oak floors, 6-inch baseboards, and a layout that just makes sense: a downstairs primary suite for privacy and convenience, plus four generously sized bedrooms upstairs. The backyard is built for Arizona living with a sparkling pool, plenty of room to entertain, and space to breathe. Major updates are already handled with a newer roof, two newer AC units, and a solar lease that helps keep electric costs in check. Add in a 3-car garage, great curb appeal, and a location buyers already want and you have a home that checks the boxes without feeling basic. This is Gilbert living with room to grow, host, relax, and make a statement.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 81% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,792 | 2,380 | 64% |
| Lot Size | 12,601 | 8,750 | 86% |
| Price | $770.0K | $507.5K | 79% |
| Price per sq ft | $276 | $252 | 58% |
| Built year | 2004 | 2007 | 33% |
| HOA | $231 | $215 | 52% |
| Days on market | 21 | 2607 | 1% |
May 18, 2026
$769,995
Initial Listing