626 E PALOMINO Drive, Gilbert, AZ 85296, Gilbert, 85296 - 4 bed, 3 bath
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Gilbert, AZ 85296
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $699,000—positioned above the $662,261 Fair Market Value. While priced slightly above market, the property features a Mint Condition Rating following a comprehensive luxury renovation, including a brand-new roof and artificial turf. The home offers a unique lifestyle benefit with its private 5-acre park view and No HOA flexibility. This is an ideal acquisition for Owner-Occupants seeking a maintenance-free sanctuary or Buy-and-Hold Investors looking for a high-quality, rental-ready asset in Gilbert.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 626 E PALOMINO Drive Subject | $699,000* List Price | 4 | 3 | 2,026 | $327 | - |
A 756 E PALOMINO Drive Sold | $653,000 | 5 | 3 | 2,220 | $294 | 0.2 mi |
B 278 E SAGEBRUSH Street Sold | $595,000 | 4 | 2 | 2,262 | $263 | 0.4 mi |
C 462 E PINTO Drive Sold | $599,000 | 4 | 2 | 2,310 | $259 | 0.2 mi |
D 225 E SHEFFIELD Court Sold | $570,000 | 3 | 2 | 1,849 | $308 | 1.0 mi |
E 230 E ARABIAN Drive Sold | $800,000 | 5 | 3 | 2,735 | $293 | 0.5 mi |
F 620 E APPALOOSA Road Active | $584,999 List Price | 5 | 3 | 2,220 | $264 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a recent top-to-bottom luxury renovation including high-end finishes, modern LVP flooring, and updated cabinetry. It also features a brand-new roof with a warranty, meeting the criteria for a recent renovation in mint condition.
The property features a high-end, top-to-bottom transformation including premium finishes, modern appliances, and a brand-new roof with a warranty, offering a turnkey experience.
Positioned against a private 5-acre park, the home enjoys expansive views and immediate access to green space without the burden of maintenance or neighbors directly behind.
The absence of HOA fees provides financial freedom and rental flexibility, while the artificial turf and zero-maintenance yard significantly reduce utility costs and labor.
While the elementary school is strong, the assigned middle and high schools have lower ratings (4 and 5 respectively), which may affect long-term resale value for families.
Despite the modern aesthetic updates, the 1988 construction year suggests that some underlying mechanical or plumbing systems may be nearing the end of their typical lifespan.
Luxury Renovated | Park Views | No HOA | Zero Maintenance Yard This isn't just updated -- it's transformed. Top-to-bottom renovation with high-end finishes and appliances sets this home apart from everything else on the market with the same floor plan. Brand-new roof with warranty means zero surprises after closing. Out back, your patio overlooks a quiet, private 5-acre park that wraps the rear and side of the property -- the feel of an expansive yard with none of the upkeep. Perfect for kids, dogs, and anyone who values outdoor space without outdoor chores. Artificial turf front and back reduces water bills and weekend lawn work entirely. No HOA means no monthly fees and full freedom to use this as an income-producing property.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 6-8 • 1.1 mi
Grades 8-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,026 | - |
| Lot Size | 6,499 | - |
| Price | $699.0K | $554.5K |
| Price per sq ft | $345 | $287 |
| Built year | 1988 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 2717 |
Jun 24, 2026
$699,000
Initial Listing