640 N IRONWOOD Way, Gilbert, AZ 85234, Gilbert, 85234 - 3 bed, 3 bath
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Gilbert, AZ 85234
This Spacious Modernized Residence is a Strong Value Opportunity, listed at $534,900—positioned well below the $589,387 Fair Market Value by 9%. This valuation gap offers $54,487 in Instant Equity for the incoming buyer. Featuring a Condition Rating of 3, the home boasts a Granite Kitchen, vaulted ceilings, and a private backyard oasis with a Pool and Spa. Situated on a quiet cul-de-sac near Burk Elementary School, it perfectly balances lifestyle comfort with financial upside. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 640 N IRONWOOD Way Subject | $534,900* List Price | 3 | 3 | 2,302 | $256 | - |
A 521 E ENCINAS Avenue Sold | $479,000 | 3 | 2 | 1,702 | $281 | 0.5 mi |
B 1007 N PALM Street Sold | $415,000 | 3 | 2 | 1,602 | $259 | 0.5 mi |
C 1137 N GIBSON Street Sold | $499,000 List Price | 4 | 3 | 2,142 | 0.7 mi | |
D 850 N SAINT ELENA Street Sold | $449,000 List Price | 3 | 2 | 1,954 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and demonstrates significant updates that exceed its 1985 build year. The kitchen has been modernized with granite countertops, crisp white cabinetry, and stainless steel appliances. Interior finishes include updated large-format tile flooring, recessed lighting, and contemporary fixtures. The bathrooms feature updated double vanities, and the outdoor area is well-maintained with premium features like a pool, spa, and artificial turf. While the home retains some older architectural elements, the overall quality and lack of deferred maintenance align with the 'good' condition category.
The backyard serves as a private oasis featuring a refreshing pool, integrated spa, and high-quality artificial turf, offering a low-maintenance yet luxurious outdoor living experience.
The home boasts significant upgrades including granite countertops, stainless steel appliances, and a contemporary color palette, complemented by architectural details like vaulted ceilings and exposed beams.
Situated on a peaceful cul-de-sac within the desirable Breckenridge Manor, the property offers enhanced privacy and minimal through-traffic, which is highly sought after by families.
Built in 1985, the property may soon require capital improvements to major systems such as the roof or HVAC, which are typical considerations for homes of this era.
At 5,676 square feet, the lot is relatively small for a home of this size, meaning the pool and patio occupy most of the backyard with limited additional space for gardening or play.
Become the proud owner of this lovely 3-bed/2.5-bath residence on a peaceful cul-de-sac! Discover an inviting living room w/ a soothing palette, recessed lighting, blinds, & durable tile flooring. Enjoy intimate moments w/ loved ones in the family room, complete w/ soaring vaulted ceilings, exposed beams, & a cozy fireplace. The eat-in kitchen comes w/ granite counters, crisp white cabinetry, stainless steel appliances, & a peninsula w/ a breakfast bar. Upstairs, the versatile loft provides additional living space. Double doors lead to the primary bedroom, showcasing plush carpeting, direct balcony access, an ensuite w/ double vanities, & a walk-in closet. Enjoy quiet evenings in the backyard, featuring a covered patio, pristine artificial turf, & a refreshing spa & pool. Make it yours!
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades 8-12 • 1.2 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 | 2,302 | 2,039 | 67% |
| Lot Size | 5,676 | 6,913 | 27% |
| Price | $534.9K | $479.0K | 65% |
| Price per sq ft | $232 | $256 | 43% |
| Built year | 1985 | 1994 | 6% |
| HOA | $100 | $75 | 65% |
| Days on market | 21 | 2339 | 1% |
Apr 1, 2026
$534,900
Initial Listing