
Gilbert, AZ 85296
This Modernized Single-Family Residence is a Strong Value Opportunity, listed at $550,000—positioned well below the $585,250 Fair Market Value by 6%. This valuation gap provides $35,250 in Instant Equity. Boasting a Mint Condition Rating, the home features a 2026 interior refresh, a rare first-floor primary suite, and a private pool. With major system upgrades including a newer roof and HVAC, this turnkey asset is located near Settlers Point Elementary. It 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 |
|---|---|---|---|---|---|---|
★ 624 E SHEFFIELD Avenue Subject | $550,000* List Price | 4 | 3 | 2,108 | $278 | - |
A 891 E SHERRI Drive Sold | $492,500 | 3 | 3 | 2,041 | $241 | 0.3 mi |
B 756 E PALOMINO Drive Sold | $653,000 | 5 | 3 | 2,220 | $294 | 0.8 mi |
C 240 E GAIL Court Sold | $575,000 | 4 | 3 | 2,439 | $236 | 0.5 mi |
D 1125 S LARKSPUR Street Sold | $605,000 | 4 | 3 | 2,414 | $251 | 0.4 mi |
E 1125 S LARKSPUR Street Sold | $605,000 | 4 | 3 | 2,414 | $251 | 0.4 mi |
F 1355 E Betsy Lane Pending | $600,000 List Price | 4 | 3 | 2,237 | $268 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive renovation in 2026 with all-new flooring, paint, and lighting. Major systems including the roof, HVAC, and windows are recently updated, and the kitchen features modern quartz countertops and updated cabinetry, meeting the criteria for mint condition.
The property features a newer roof, updated windows, and a newer HVAC system, significantly reducing the risk of immediate capital expenditures for the buyer.
Recent 2026 updates including all-new flooring, fresh interior paint, and updated lighting provide a move-in-ready, contemporary aesthetic.
The rare first-floor primary suite combined with soaring vaulted ceilings offers a highly functional and spacious floor plan that appeals to a wide range of buyers.
With a lot size of 5,746 square feet, the outdoor space may feel limited for those desiring a large yard, particularly with the pool occupying a significant portion of the area.
While the schools are within close proximity, their current ratings (6-7) may be a drawback for families specifically seeking Gilbert's top-tier educational districts.
This beautifully updated 4 bedroom, 2.5 bathroom home offers a highly desirable layout with the primary suite on the first floor and soaring vaulted ceilings that create a bright, open feel the moment you walk in. Recent updates in 2026 bring a fresh, modern touch with all new flooring, interior paint, and updated lighting throughout, giving the home a clean and elevated look. Step outside to your own private backyard with a sparkling pool, perfect for relaxing or entertaining year round. The major systems have already been taken care of, including a newer roof, updated windows, and a newer HVAC system for added comfort and peace of mind. Located just minutes from Gilbert Town Square, along with great shopping and dining options, this home combines thoughtful updates, a functional layout, and an unbeatable location.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 7-8 • 1.0 mi
Grades 8-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,108 | 2,089 | 51% |
| Lot Size | 5,746 | 6,665 | 30% |
| Price | $550.0K | $445.0K | 68% |
| Price per sq ft | $261 | $232 | 60% |
| Built year | 1996 | 2001 | 21% |
| HOA | $175 | $140 | 63% |
| Days on market | 6 | 2486 | 1% |
Apr 16, 2026
$550,000
Initial Listing