
Gilbert, AZ 85296
This Spacious Renovated Residence is a Strong Value Opportunity, listed at $595,000—positioned well below the $644,974 Fair Market Value by 7%. This valuation gap secures $49,974 in Instant Equity for the buyer. Boasting a Good Condition Rating, the home features a remodeled granite kitchen, saltwater diving pool, and energy-efficient solar panels with a 2021 Trane HVAC. Located near top-rated Mesquite Elementary, it balances modern lifestyle amenities with significant financial upside. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors looking for a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 649 E AVENIDA SIERRA MADRE -- Subject | $585,000* List Price | 3 | 2 | 1,970 | $335 | - |
A 42 S RIATA Drive Sold | $549,900 List Price | 4 | 2 | 2,134 | 0.1 mi | |
B 53 E HORSESHOE Avenue Sold | $585,000 | 3 | 2 | 1,638 | $357 | 0.8 mi |
C 309 E MESQUITE Street Sold | $460,000 | 3 | 2 | 1,581 | $291 | 0.5 mi |
D 278 E SAGEBRUSH Street Sold | $595,000 | 4 | 2 | 2,262 | $263 | 0.7 mi |
E 601 E SILVER CREEK Road Pending | $699,000 List Price | 3 | 2 | 2,012 | $347 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with significant recent upgrades. Key features include a 2021 Trane HVAC and water heater, 2024 bedroom carpets, and Anderson windows. The kitchen and bathrooms have been remodeled with granite countertops, dark wood cabinetry, and stainless steel appliances. While the home was built in 1986, the removal of popcorn ceilings and the installation of bamboo and travertine flooring (2016) align it with the 'Good' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10502, living area = 1970.
The property features significant high-value upgrades including a 2021 Trane HVAC, solar panels, and Anderson windows, ensuring low utility costs and reduced immediate maintenance needs.
The home boasts a fully remodeled kitchen and baths with granite countertops, bamboo and travertine flooring, and the removal of popcorn ceilings, offering a modern, move-in-ready aesthetic.
Built in 1986, the home may have original underlying infrastructure or structural elements that do not meet the standards of newer constructions in the Gilbert area.
With only 3 bedrooms for nearly 2,000 square feet of living space, the layout may be less efficient for larger families compared to other homes in this price bracket.
MOTIVATED SELLER - MOVING OUT OF STATE! Fabulous Well-Maintained Block Home in Summerfield Place! Remodeled Kitchen & Baths with Dark Wood Cabinets & Hardware, Granite Counters, Custom Tile Backsplash, Stainless Steel Samsung Appliances & Farmers Dual Sink. Bamboo Wood Floors & Travertine in 2016, 2024-Bedroom Carpets. Popcorn Ceilings Removed. Anderson Windows. Special Outdoor Christmas LED Lights. Energy Efficient with Solar Panels, 2021 Trane HVAC & Water Heater - Low Electric Bills. Front Courtyard Addition. Extra Lg Lot, Low Maintenance Front & Back Yards, Saltwater Mini Pebbled Diving Pool, Large Covered Patio with Extra Shade Cloths for More Outdoor Enjoyment. Public Park across the Street, Gilbert Schools, Vibrant Downtown Gilbert. Ready to Move-In!!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 6-8 • 1.1 mi
Grades 8-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 3.0 | 43% |
| Square foot | 1,970 | 2,089 | 45% |
| Lot Size | 10,502 | 6,821 | 90% |
| Price | $585.0K | $445.0K | 73% |
| Price per sq ft | $297 | $232 | 77% |
| Built year | 1986 | 2001 | 2% |
| HOA | $450 | $140 | 96% |
| Days on market | 27 | 2528 | 1% |
Apr 16, 2026
$585,000
$595,000
-2% Price Drop
Initial Listing
Mar 27, 2026
$595,000
Initial Listing