521 N COBBLESTONE Street, Gilbert, AZ 85234, Gilbert, 85234 - 3 bed, 3 bath
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Gilbert, AZ 85234
This Single Family Residence represents a Strong Value Opportunity, listed at $450,000—positioned slightly above the $442,317 Fair Market Value. While the property requires cosmetic modernization, its Fair Condition Rating is offset by a newer AC unit and a highly functional layout. Located blocks from Freestone Park and near the 8-rated Patterson Elementary, the home offers significant lifestyle appeal. With its efficient floor plan and storage solutions, this property is an ideal acquisition for Owner-Occupants seeking a value-add project or first-time buyers prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 521 N COBBLESTONE Street Subject | $439,000* List Price | 3 | 3 | 1,603 | $267 | - |
A 1727 E ASPEN Way Sold | $499,000 | 3 | 3 | 1,795 | $278 | 0.5 mi |
B 1132 E HEARNE Way Sold | $425,000 | 3 | 3 | 1,534 | $277 | 0.4 mi |
C 930 E PAGE Street Sold | $539,900 | 3 | 2 | 1,647 | $328 | 0.6 mi |
D 996 E PRINCETON Avenue Sold | $450,000 | 3 | 2 | 1,555 | $289 | 0.7 mi |
E 1527 E BEACON Drive Sold | $375,000 List Price | 3 | 2 | 1,781 | 0.9 mi | |
F 1510 E CAMPBELL Avenue Pending | $475,000 List Price | 3 | 3 | 1,754 | $271 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (32 years old), the home is functional and move-in ready but shows significant dating. The kitchen features older laminate countertops and painted cabinets, and while the HVAC is noted as newer, the overall interior finishes and fixtures are over 20 years old and require cosmetic updates.
Situated just blocks from the expansive Freestone Park and within walking distance to a high-rated elementary school (Rating 8), offering exceptional lifestyle appeal for families.
The inclusion of a newer AC unit provides significant peace of mind and immediate cost savings, which is a critical factor for buyers in the Arizona desert climate.
The home features a highly efficient open floor plan with superior storage solutions, including a large understairs area and a 2-car garage with an added storage nook.
With a lot size of 4,569 sq ft, the outdoor space is relatively limited, which may be a drawback for buyers seeking a large private yard or extensive landscaping.
Built in 1992, the property may require cosmetic updates or renovations to its original finishes to align with contemporary design trends and modern buyer expectations.
Welcome to 521 N Cobblestone Street great floorplan, an open layout that feels larger than it looks, the kind of community that turn weekends into something you actually look forward to. From the moment you walk in, you can picture furniture placement. This 3-bedroom, 2.5-bath home offers 1,603 sq ft designed for everyday comfort and practical living. The open floor plan connects the main living areas A large primary , w/other bedrooms are great size too. You will love the large understairs storage area. The newer AC unit adds peace of mind, and the 2-car garage includes an added storage area which can be removed by the buyer. Blocks from Freestone park.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 8-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,603 | 2,062 | 25% |
| Lot Size | 4,569 | 6,817 | 11% |
| Price | $439.0K | $449.0K | 49% |
| Price per sq ft | $274 | $233 | 63% |
| Built year | 1992 | 1994 | 43% |
| HOA | $219 | $82 | 89% |
| Days on market | 25 | 2540 | 1% |
Jun 4, 2026
$439,000
$450,000
-2% Price Drop
Initial Listing
May 13, 2026
$450,000
Initial Listing