
Gilbert, AZ 85298
This Single Family Residence represents a Strong Value Opportunity, listed at $445,000—positioned well below the $433,771 Fair Market Value by -2%. While the home maintains a Fair Condition Rating with original 2004 features, it offers significant lifestyle appeal through its oversized private lot, custom outdoor fireplace, and unique waterfall. Served by top-rated schools (9/10 ratings), this property provides a stable foundation for Owner-Occupants seeking a lifestyle-focused home or first-time buyers looking to build long-term value in a prime Gilbert location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5383 S HARVEST Street Subject | $445,000* List Price | 2 | 2 | 1,371 | $316 | - |
A 4127 E NARROWLEAF Drive Sold | $425,000 | 2 | 2 | 1,436 | $296 | 0.1 mi |
B 4600 E MIA Lane Sold | $397,500 | 2 | 2 | 1,334 | $298 | 0.7 mi |
C 4747 E Narrowleaf Drive Sold | $410,000 | 2 | 2 | 1,308 | $313 | 0.8 mi |
D 4095 E SOURWOOD Drive Sold | $459,000 List Price | 2 | 2 | 1,604 | 0.2 mi | |
E 4239 E AZALEA Drive Sold | $575,000 | 2 | 2 | 1,604 | $358 | 0.3 mi |
F 5328 S CITRUS Court Sold | $520,000 | 2 | 2 | 1,703 | $305 | 0.7 mi |
G 4581 E MIA Lane Sold | $479,000 List Price | 2 | 2 | 1,650 | 0.7 mi | |
H 4715 E NARROWLEAF Drive Sold | $500,000 | 2 | 2 | 1,614 | $310 | 0.8 mi |
I 4070 E JUDE Lane Active | $418,500 List Price | 2 | 2 | 1,308 | $320 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2004, making it 22 years old. According to the criteria, homes over 20 years old with original features are rated as Fair. While the exterior and outdoor living spaces are well-maintained, the interior shows dated fixtures such as the brass-accented ceiling fan and standard carpet. At this age, major systems like the HVAC and water heater are likely nearing the end of their functional lifespan if original, and the kitchen/baths would require modern updates to meet current market trends.
Middle School: Cortina Elementary School (9/10). High School: Higley High School (9/10).
The property features an oversized, private lot with a custom outdoor fireplace, built-in BBQ, and a unique waterfall, creating an ideal space for entertaining against a backdrop of mountain views.
The extended-length two-car garage provides ample space for two vehicles plus a golf cart, a highly sought-after feature that adds significant utility in the Trilogy community.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1371, other record living area = 1308.
At 1,371 square feet, the home's interior footprint is relatively modest, which may be a drawback for buyers requiring more spacious living areas or additional guest rooms.
The $675 association fee adds a significant recurring expense to the monthly budget, potentially impacting the property's competitiveness for cost-sensitive buyers.
Beautfully landscaped oversized lot. Walled property for privacy. Mountain views, custom outdoor fireplace, built in BBQ, pavers & one of a kind waterfall an entertainers dream. Extended length 2 car garage with plenty of room for 2 cars plus a golf cart.
No exterior & parking available.
Grades 7-8 • 1.2 mi
Grades PK-8 • 1.9 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,371 | - |
| Lot Size | 6,252 | - |
| Price | $445.0K | $554.5K |
| Price per sq ft | $325 | $287 |
| Built year | 2004 | 0 |
| HOA | $675 | $0 |
| Days on market | 4 | 2717 |
Jul 19, 2026
$445,000
Initial Listing