718 S Pandora Drive, Gilbert, AZ 85296, Gilbert, 85296 - 4 bed, 3 bath
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718 S Pandora Drive
Gilbert, AZ 85296
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,059Sq Ft
48,230Lot Size
Property Price
LIST PRICE$1,175,999
EST. MARKET VALUE
$1,094,385
7% AboveMARKET VALUE
SUMMARY
This Turnkey Horse Property is a Strong Value Opportunity, listed at $1,190,000—positioned slightly above the $1,152,798 Fair Market Value. Despite the premium, the property offers a Mint Condition Rating with high-end renovations, including quartz counters and modern flooring. Situated on a massive 1.11-acre lot with a private pool and detached workshop, it provides rare utility in the Gilbert market. With no HOA fees and proximity to Mesquite Elementary, this is an ideal acquisition for equestrian enthusiasts or Owner-Occupants seeking a move-in ready lifestyle.
Estimated Market Value
$1,094,385
Based on Realkey algorithm analyzing recent comparable sales in Gilbert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 718 S Pandora Drive Subject | $1,175,999* List Price | 4 | 3 | 2,059 | $532 | - |
A 632 S PANDORA Drive Sold | $1,065,000 | 4 | 2 | 2,490 | $428 | 0.0 mi |
B 1319 E SAGEBRUSH Street Active Under Contract | $1,180,000 List Price | 4 | 3 | 2,400 | $492 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1980, the property shows evidence of a comprehensive, high-end renovation within the last 5 years. The interior features modern quartz countertops, updated tile backsplash, recessed lighting, and new wood-look and carpet flooring. Systems appear updated with modern fixtures and appliances, and the overall condition is mint and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48230, living area = 2311.
- Massive Acreage & Horse Property
Situated on a rare 1.11-acre corner lot, this property offers exceptional space for horses and outdoor activities, a significant scarcity in the Gilbert market.
- Extensive Garage & Workshop Space
The property features both an attached 2-car garage and an additional detached garage that functions as a workshop, providing ample storage and versatility for hobbyists.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2311, other record living area = 2515. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Property Age
Built in 1980, the home may require more frequent maintenance or updates to major systems compared to newer constructions in the area.
- High School Rating
The assigned high school has a rating of 5/10, which may be a consideration for families prioritizing top-tier academic performance in the district.
About 718 S Pandora Drive
***Back on Market***Your DREAM home is here in the sought-after El Dorado Ranchos! Nestled on a HUGE 1.11-acre corner lot, this remarkable horse property is sure to impress. Excellent curb appeal with lush grassy yards & mature trees. The interior exudes refined style with vaulted ceilings, tons of natural light, plantation shutters, neutral palette, recessed lighting, tile & wood-look flooring in common areas, and soft carpet in bedrooms. The impressive kitchen boasts built-in appliances, quartz counters, tile backsplash, and ample wood cabinetry. Main bedroom has a private bathroom. Secondary bedrooms provide versatility. PLUS! This gem comes with an attached 2-car garage and an additional detached car garage that can be a workshop. Want MORE? The expansive backyard holds its own charm! Designed for everyday living & entertaining with a covered patio, built-in BBQ, play area, and a fenced sparkling pool. Conveniently close to schools, shopping, dining options, parks, freeways, and more. Don't miss this opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 48,230 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Gilbert Unified Schools
Mesquite Elementary School
Grades PK-6 • 0.5 mi
7/10
Greenfield Junior High School
Grades 7-8 • 1.6 mi
7/10
Gilbert High School
Grades 8-12 • 0.9 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,059 | 2,210.986 |
| Lot Size | 48,230 | 7,346.256 |
| Price | $1.18M | $598.8K |
| Price per sq ft | $571 | $280 |
| Built year | 1980 | 2003 |
| HOA | $0 | $224 |
| Days on market | 33 | 71 |
Pricing History
Listed for Sale
Aug 30, 2026
$1,175,999
$1,190,000
-1% Price Drop
Initial Listing
Price Change
Aug 7, 2026
$1,190,000
Initial Listing