50 N COBBLESTONE Street, Gilbert, AZ 85234, Gilbert, 85234 - 3 bed, 2 bath
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Gilbert, AZ 85234
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $569,000—positioned well below the $595,451 Fair Market Value by 4%. This valuation gap offers $26,451 in Instant Equity for the buyer. Featuring a 2026 interior renovation, a resurfaced pool, and a premium lot facing a community green space, the home maintains an Excellent Condition Rating. It is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or first-time buyers prioritizing modern updates and proximity to Downtown Gilbert.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 50 N COBBLESTONE Street Subject | $569,000* List Price | 3 | 2 | 1,785 | $334 | - |
A 215 N STARBOARD Drive Sold | $555,000 | 3 | 2 | 1,651 | $336 | 0.2 mi |
B 226 N NIELSON Street Sold | $565,000 | 3 | 2 | 1,680 | $336 | 0.5 mi |
C 309 N WESTPORT Drive Sold | $465,000 | 4 | 2 | 1,783 | $261 | 0.5 mi |
D 1219 E ARTESIAN Way Sold | $585,000 | 3 | 2 | 1,521 | $385 | 0.3 mi |
E 1231 E CAMPBELL Avenue Sold | $499,900 | 3 | 2 | 1,635 | $306 | 0.5 mi |
F 1125 E ARTESIAN Way Sold | $655,000 | 4 | 3 | 1,902 | $344 | 0.4 mi |
G 1881 E COMMERCE Avenue Sold | $625,000 | 4 | 2 | 2,112 | $296 | 0.8 mi |
H 6 N BOULDER Street Active | $557,000 List Price | 4 | 2 | 1,972 | $282 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive interior renovation in 2026, including bathrooms, flooring, and paint. Major systems and exterior components are also nearly new: HVAC (2023), pool resurfacing (2025), and garage door (2025), fitting the criteria for a mint-condition home with a renovation less than 5 years old.
The property features significant recent capital improvements including a new HVAC (2023), resurfaced pool (2025), and comprehensive 2026 interior renovations, offering a truly move-in-ready experience with reduced immediate maintenance costs.
Tucked away at the back of the neighborhood for added privacy, the home is ideally situated directly across from a large community green space and children's playground, providing an extended feel to the front yard.
The backyard is a fully realized retreat featuring mature shade trees, low-maintenance turf, and a sparkling pool, perfectly designed for the Arizona climate and outdoor entertaining.
The conversion of two bedrooms into one large flexible space reduces the total bedroom count to three, which may limit appeal for larger families or buyers requiring more traditional partitioned rooms.
While the elementary school is highly rated at an 8/10, the assigned high school carries a lower rating of 5/10, which may be a point of concern for education-focused families.
Location and updates--this home has it all! Welcome home to this beautifully updated Gilbert gem, ideally located just 6 minutes from both vibrant Downtown Gilbert and Dana Park. Within the community, you'll enjoy a premium location tucked away at the back of the neighborhood and directly across from a large community green space complete with a children's playground. Freshly updated in 2026, this move-in ready home features new flooring throughout, beautifully renovated bathrooms, updated light fixtures, ceiling fans, fresh interior paint, and more. Additional major improvements include an HVAC system (2023), exterior paint (2024), and a new garage door (2025). Step outside to your private backyard retreat, where mature shade trees, low-maintenance turf, and a sparkling pool create perfect space for relaxing or entertaining. The pool was resurfaced in 2025, making it ready for Arizona summers. Originally designed as a four-bedroom home, two bedrooms have been combined to create one spacious, flexible room. Whether you envision a nursery & playroom, office & guest suite, or a teen hangout, the possibilities are endless. If preferred, the space can easily be converted back into two separate bedrooms. Completing the home is a two-car garage, plus an extended driveway alongside the garage that provides convenient additional parking.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades 7-8 • 1.3 mi
Grades 8-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,785 | - |
| Lot Size | 6,791 | - |
| Price | $569.0K | $554.5K |
| Price per sq ft | $319 | $287 |
| Built year | 1994 | 0 |
| HOA | $182 | $0 |
| Days on market | 6 | 2717 |
Jul 17, 2026
$569,000
Initial Listing