685 E CANTEBRIA Drive, Gilbert, AZ 85296, Gilbert, 85296 - 3 bed, 2 bath
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Gilbert, AZ 85296
This Single Family Residence is a Strong Value Opportunity, listed at $425,000—positioned well below the $412,835 Fair Market Value by -2%. While the property is in Fair Condition Rating due to original finishes, it features modern wood-look flooring and stainless steel appliances. Located in the established Neely Farms community near Settlers Point Elementary, this home offers a functional layout with a covered patio. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a manageable project in a prime Gilbert location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 685 E CANTEBRIA Drive Subject | $409,000* List Price | 3 | 2 | 1,350 | $302 | - |
A 741 E CANTEBRIA Drive Sold | $367,000 | 3 | 2 | 1,350 | $272 | 0.1 mi |
B 838 E CATHY Drive Sold | $464,500 | 3 | 2 | 1,370 | $339 | 0.3 mi |
C 1086 E ARABIAN Drive Sold | $445,000 | 3 | 2 | 1,544 | $288 | 0.5 mi |
D 744 E APPALOOSA Road Sold | $429,000 | 3 | 2 | 1,288 | $333 | 0.3 mi |
E 260 S YALE Court Sold | $520,000 | 3 | 2 | 1,820 | $286 | 0.9 mi |
F 309 E MESQUITE Street Sold | $460,000 | 3 | 2 | 1,581 | $291 | 0.9 mi |
G 960 E SARATOGA Street Sold | $465,000 List Price | 4 | 2 | 1,656 | 0.5 mi | |
H 670 E KYLE Drive Active | $459,900 List Price | 3 | 2 | 1,283 | $358 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 (27+ years old), the property is dated and fits the 'Fair' criteria. While it features updated wood-look flooring and stainless steel appliances, the kitchen cabinets, countertops, and bathrooms appear to be original to the home and require modernization. The exterior and systems are functional, but the overall aesthetic and age of key areas suggest a need for minor updates.
The home features vaulted ceilings, wood-look flooring, and stainless steel appliances, offering a move-in-ready aesthetic that appeals to contemporary buyers.
Located in the established Neely Farms community, the property is within walking distance to Settlers Point Elementary and close to highly-rated junior high and high schools.
Positioned at an attractive price point of $425,000 for the Gilbert market, this home represents a strong value proposition for first-time buyers or investors.
With only 1,350 square feet of living area, the home may feel restrictive for growing families or those requiring a dedicated home office.
The 5,271 square foot lot is relatively small, limiting options for significant outdoor expansions or the addition of a private swimming pool.
Discover a lovely home in Neely Farms featuring a low-maintenance front yard and a 2-car garage! Stepping inside, a bright living room welcomes you with vaulted ceilings, wood-look flooring, and a cozy fireplace; the glass sliding doors seamlessly connect the indoors to the outdoors. The eat-in kitchen promotes a sense of privacy while maintaining an open feel. Equipped with wood cabinets, ample counters, and stainless steel appliances, this kitchen is ready for your inner chef. The primary suite offers a full bathroom with dual vanity, tub-shower combo, and a walk-in closet. Additional highlights include 2 more bedrooms, a 2nd full bathroom, and a laundry room. The spacious backyard offers a covered patio, ideal for relaxing or entertaining. PRICED TO SELL!!
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 7-8 • 1.5 mi
Grades 8-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,350 | - |
| Lot Size | 5,271 | - |
| Price | $409.0K | $554.5K |
| Price per sq ft | $303 | $287 |
| Built year | 1997 | 0 |
| HOA | $115 | $0 |
| Days on market | 27 | 2717 |
Jul 16, 2026
$409,000
$425,000
-4% Price Drop
Initial Listing
Jun 25, 2026
$425,000
Initial Listing