
Gilbert, AZ 85234
Analysis of 701 E ENCINAS Avenue, Gilbert, AZ 85234 is currently available with a list price of $2,000,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Gilbert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This property underwent a comprehensive luxury remodel with high-end finishes including white oak flooring, quartzite countertops, and premium ILVE appliances. Critical systems have been fully updated, including new copper plumbing, electrical, windows, and roof underlayment, meeting the criteria for mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 32470, living area = 3566.
This is a meticulous, non-flip luxury renovation featuring premium finishes such as white oak flooring, quartzite countertops, an ILVE Italian cooktop, and updated core systems including copper plumbing and electrical.
The sprawling 0.75-acre lot serves as a private resort with a new pickleball/basketball court, a diving pool with flagstone decking, and a fully equipped outdoor kitchen.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
Despite the extensive 2026 remodel, the 1985 original construction may still possess architectural limitations or ceiling height variations common to that era compared to modern custom builds.
Listed at $2,000,000 for approximately 3,566 square feet, the property commands a high price per square foot that may test appraisal ceilings for the immediate subdivision.
A RARE FIND!! Fully Remodeled Estate Home in the coveted Circle G Ranches, Gilbert on 0.75-acre lot with a BASEMENT, POOL, and private PICKLEBALL COURT. This luxury modern-transitional remodel was completed for the homeowners (not a flip) and offers extensive systems and finish upgrades throughout. Set toward the back of the neighborhood, the property features mature landscaping, expansive parking, 3-car AIR CONDITIONED garage, and RV gate. Recent improvements include all new windows, doors, copper plumbing, electrical, high-end lighting and plumbing fixtures, and updated roof underlayment around the roof perimeter. The open-concept interior showcases soaring vaulted ceilings & multiple living areas. Finishes include white oak flooring throughout, plantation shutters, and a fully updated kitchen with luxury cabinetry, quartzite slab countertops, large island overlooking the great room, butler's pantry, ILVE Italian cooktop oven, built-in ice maker, paneled stainless steel appliances, apron-front farmhouse sink, and bar seating. The main level includes 3 bedrooms, including a spacious primary suite with dual vanities, soaking tub, tiled shower, private water closet, and a HUGE walk-in closet. The basement expands functionality with a separate living area, 3 additional bedrooms, full bath, and a finished flex room. The remodeled backyard offers a private recreation retreat with a new pickleball and basketball sport court, diving pool, flagstone decking, pool fencing, and a large grassy play area. Additional features include an outdoor kitchen with new BBQ and power, and mature shade trees providing natural shade coverage especially over the sport court area. See documents tab for a full list of upgrades. Located within close proximity to dining, shopping, and recreation, 1.6 mi to Freestone Park, 2.4 mi to Downtown Gilbert Heritage District with restaurants, coffee shops, and boutique retail, 2.1 mi to Fry's Marketplace, and 2.3 mi to Walmart Supercenter. This property offers a combination of acreage, a basement floor plan, and a fully developed backyard with multiple recreational amenities, all within a well-established central Gilbert location!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 4.0 | 3.0 | 94% |
| Square foot | 3,566 | 2,039 | 92% |
| Lot Size | 32,470 | 6,913 | 95% |
| Price | $2.00M | $479.0K | 99% |
| Price per sq ft | $561 | $256 | 98% |
| Built year | 1985 | 1994 | 6% |
| HOA | $0 | $75 | 21% |
| Days on market | 17 | 2339 | 1% |
Apr 5, 2026
$2,000,000
Initial Listing