
Gilbert, AZ 85234
This Modernized Two-Story Residence is a High-Potential Investment Opportunity, listed at $464,900—positioned well below the $518,625 Fair Market Value by 10%. This valuation gap provides $53,725 in Instant Equity. Featuring a Renovated Granite Kitchen and a Good Condition Rating, the home offers a premium lifestyle with a Built-in BBQ and Fireplace. Located near the top-rated Patterson Elementary School, it balances financial upside with residential luxury. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 N REDROCK Street Subject | $464,900* List Price | 3 | 3 | 1,754 | $296 | - |
A 1727 E ASPEN Way Sold | $499,000 | 3 | 3 | 1,795 | $278 | 0.4 mi |
B 426 N Cobblestone Street Sold | $475,000 | 3 | 3 | 1,603 | $296 | 0.2 mi |
C 955 E VAUGHN Avenue Sold | $399,997 List Price | 3 | 2 | 1,397 | 0.8 mi | |
D 1132 E HEARNE Way Sold | $425,000 | 3 | 3 | 1,534 | $277 | 0.5 mi |
E 1510 E COMMERCE Avenue Sold | $433,000 | 3 | 2 | 1,383 | $313 | 0.1 mi |
F 1538 E LAUREL Avenue Active | $499,000 List Price | 3 | 3 | 1,739 | $287 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features extensive modern updates that significantly improve its 1987 construction. The kitchen has been fully renovated with granite countertops, stainless steel appliances, and white shaker cabinetry. The primary bathroom is updated with contemporary vessel sinks and modern tiling. While the home is nearly 40 years old, the quality of the interior renovations, vaulted ceilings, and well-maintained outdoor living space with a built-in BBQ and fireplace justify a 'good' rating.
The home features a contemporary kitchen with granite countertops, stainless steel appliances, and crisp white cabinetry, paired with soaring vaulted ceilings that create a bright, open atmosphere.
The backyard is designed for entertainment with a built-in BBQ, outdoor fireplace, and covered patio, offering a private retreat that is rare at this price point.
Situated in a desirable Gilbert neighborhood, the property is within walking distance to highly-rated Patterson Elementary (8/10) and offers access to a community pool and local dining.
With a lot size of just over 4,000 square feet, the outdoor space is relatively small, which may not appeal to buyers seeking a large private yard or room for a personal pool.
Built in 1987, the property may require ongoing maintenance or updates to major structural systems and components that are nearing the end of their typical lifespan.
Get ready to fall in love with this fabulous 2-story beauty with a 2-car garage! Soaring vaulted ceilings and gleaming tile floors welcome you into a light-filled living/dining space made for lively dinners and cozy nights in. The family room flows effortlessly into a showstopping kitchen featuring stainless steel appliances, crisp white cabinetry, granite counters, a chic tile backsplash, and a breakfast bar that's always party-ready. Retreat to the dreamy primary suite with vaulted ceilings, rich wood floors, and a spa-inspired bath boasting dual ceramic vessel sinks and a walk-in closet. The backyard is your private escape with a covered patio, built-in BBQ, and charming outdoor fireplace perfect under starry skies. Community pool and close to schools, parks, and dining. Don't miss out!
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 8-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,754 | 2,023 | 36% |
| Lot Size | 4,199 | 6,913 | 8% |
| Price | $464.9K | $475.0K | 47% |
| Price per sq ft | $265 | $256 | 57% |
| Built year | 1987 | 1994 | 21% |
| HOA | $195 | $75 | 87% |
| Days on market | 56 | 2339 | 1% |
Feb 25, 2026
$464,900
Initial Listing