545 E MESQUITE Avenue, Gilbert, AZ 85296, Gilbert, 85296 - 4 bed, 3 bath
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Gilbert, AZ 85296
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $999,990—positioned slightly above the $991,832 Fair Market Value. While not a discount play, the property offers significant long-term potential due to its 35,697 sqft lot and 4-car garage. Currently in Fair Condition, the home features a Granite Kitchen and flexible den, providing a solid foundation for cosmetic modernization. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a large-lot estate in Gilbert with room to build equity through updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 545 E MESQUITE Avenue Subject | $999,990* List Price | 4 | 3 | 2,926 | $339 | - |
A 1289 E PALO BLANCO Way Active | $1,150,000 List Price | 4 | 3 | 2,927 | $393 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, this property is approximately 31 years old and largely retains its original finishes. While the listing mentions 'pride of ownership' and the home appears well-maintained, the kitchen and bathrooms are dated, featuring 1990s-era oak cabinetry, track lighting, and Saltillo-style tile. It falls into the 'Fair' category as it is functional but requires cosmetic updates and likely system overhauls due to age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35697, living area = 2926.
Situated on a massive 35,697 sqft lot, this property offers rare privacy, mature landscaping, and a huge backyard perfect for custom outdoor development or entertaining.
The home features a rare 4-car garage and a wide RV gate, providing ample space for vehicle collections, trailers, or recreational equipment which is highly valued in the Gilbert market.
Built in 1995, some interior elements like track lighting and specific finishes may require updating to align with the aesthetic expectations of contemporary luxury buyers at this price point.
Despite the significant lot size and million-dollar price tag, the property lacks a private swimming pool, which is a highly sought-after feature in the Arizona climate.
Wow! Pride of ownership shines throughout this incredible 4-bedroom estate, where modern style and timeless appeal come together beautifully. Showcasing a 4-car garage, wide RV gate, and mature landscape. Discover an inviting living & dining room highlighted by exposed ceiling beams, tile flooring, and a cozy two-way fireplace that also warms the charming breakfast nook. Impeccable kitchen is a cook's delight, fully equipped with built-in appliances, track lighting, abundant cabinets, desk area, granite counters, and a walk-in pantry. Large main retreat impresses with plush carpet, French doors to the back patio, an ensuite with a soaking tub, and a walk-in closet. Versatile den adds flexibility to fit your lifestyle and can easily serve as an office, media space, or additional bedroom. HUGE backyard includes a covered patio, the ideal setting for al fresco dining, entertaining guests, or simply relaxing in your own private outdoor retreat. This gem has everything you're looking for!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,926 | - |
| Lot Size | 35,697 | - |
| Price | $1000.0K | $554.5K |
| Price per sq ft | $342 | $287 |
| Built year | 1995 | 0 |
| HOA | $250 | $0 |
| Days on market | 32 | 2717 |
Jun 20, 2026
$999,990
Initial Listing