
Gilbert, AZ 85296
This Turnkey Single-Family Residence is a High-Potential Investment Opportunity, listed at $589,000—positioned well below the $733,931 Fair Market Value by 19%. This valuation gap provides $144,931 in Instant Equity. Boasting a Good Condition Rating, the home features a 2026 Pool Renovation, a 2024 Primary Bath Remodel, and updated major systems including a 2019 HVAC. Located near Downtown Gilbert and Settlers Point Elementary, it offers premium lifestyle perks with substantial financial upside. This is an exceptional 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 |
|---|---|---|---|---|---|---|
★ 681 E RANCH Road Subject | $589,000* List Price | 4 | 2 | 1,963 | $374 | - |
A 960 E SARATOGA Street Sold | $465,000 List Price | 4 | 2 | 1,656 | 0.6 mi | |
B 1255 S LA ARBOLETA Street Sold | $480,000 List Price | 3 | 2 | 1,825 | 0.4 mi | |
C 278 E SAGEBRUSH Street Sold | $595,000 | 4 | 2 | 2,262 | $263 | 0.7 mi |
D 1187 S HAZEL Street Sold | $565,000 | 4 | 3 | 1,893 | $298 | 0.4 mi |
E 462 E PINTO Drive Sold | $599,000 | 4 | 2 | 2,310 | $259 | 0.4 mi |
F 240 E GAIL Court Sold | $575,000 | 4 | 3 | 2,439 | $236 | 0.8 mi |
G 558 E DEVON Drive Active Under Contract | $495,000 List Price | 3 | 2 | 1,655 | $299 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1998-built home is in move-in ready condition, benefiting from extensive recent maintenance and targeted renovations. Key highlights include a full primary bathroom remodel in 2024 and a brand-new pool renovation in 2026. Major systems are well within their lifespans, with a replaced HVAC (2019) and water heater (2021). The kitchen features newer appliances (2023 gas stove) and updated soft-close cabinetry. While the flooring and interior paint date back to 2018, the overall aesthetic remains modern and well-maintained, meeting the criteria for 'good' condition due to the high level of upkeep and significant recent upgrades to major components.
The property boasts significant recent upgrades, including a 2019 HVAC system, a 2024 primary bathroom remodel, and a 2026 pool renovation, significantly reducing future maintenance costs for the buyer.
Ideally situated less than 10 minutes from both the vibrant Downtown Gilbert heritage district and San Tan Village, offering residents premier access to top-tier dining, shopping, and entertainment.
The home is move-in ready with thoughtful interior and exterior updates, including fresh paint (2018/2021), newer kitchen appliances (2023), and a xeriscaped yard for low-maintenance Arizona living.
At 6,386 square feet, the lot is relatively small for a four-bedroom home with a pool, which may limit private yard space for families or pets.
The assigned elementary and high schools currently hold mid-range ratings (6/10), which may be a drawback for buyers specifically seeking top-tier educational districts within the Gilbert area.
Welcome to this beautifully maintained single-story home in the heart of Gilbert, ideally located less than 10 minutes from the vibrant dining & entertainment of Downtown Gilbert. 10 minutes from San Tan Village. This 4 bedrooms & 2 bathrooms, home blends comfort, style & thoughtful upgrades throughout. Step inside to discover a refreshed interior featuring updated lighting, modern feel enhanced by interior paint in 2018. Kitchen is equipped with a newer gas stove (2023), dishwasher (2018), and soft-close cabinet hinges installed in 2025. Primary suite is a true retreat, showcasing a full bathroom remodel completed in August 2024. Major system upgrades provide peace of mind, including a replaced HVAC system (2019), water heater (2021), duct & vent cleaning (2025) water softener & reverse osmosis system (2018). Outside, enjoy Arizona living at its best with a xeriscaped yard (2018), rain gutters (2021), patio roof that was re-roofed with fascia replaced in 2019. The exterior was freshly painted in 2021 for added curb appeal. The backyard is ready for entertaining with a pool remodeled in March 2026--adding even more value & enjoyment. This is a great opportunity to own a move-in ready home with extensive upgrades in one of Gilbert's desirable location.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 7-8 • 1.4 mi
Grades 8-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 43% |
| Square foot | 1,963 | 2,089 | 45% |
| Lot Size | 6,386 | 6,743 | 45% |
| Price | $589.0K | $445.0K | 73% |
| Price per sq ft | $300 | $232 | 79% |
| Built year | 1998 | 2001 | 42% |
| HOA | $115 | $140 | 37% |
| Days on market | 28 | 2528 | 1% |
Mar 26, 2026
$589,000
Initial Listing
Jul 1, 1998
$161,924
Public Record