
Gilbert, AZ 85297
This Exceptional Multigenerational Estate is a Strong Value Opportunity, listed at $975,000—positioned well below the $1,045,746 Fair Market Value by 6%. This strategic pricing secures $70,746 in Instant Equity for a property in Good Condition. The home features a 1,600 sq ft finished basement, a private guest suite, and a resort-style pool, all within the top-rated Perry High School boundary. This rare former model home balances luxury with significant financial upside, making it an ideal acquisition for Large Families or Multi-Generational Households.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 747 E CHARLEVOIX Avenue Subject | $975,000* List Price | 7 | 6 | 5,633 | $186 | - |
A 1242 E CANARY Drive Active | $999,000 List Price | 6 | 5 | 4,778 | $209 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property falls within the 10-20 year age range for a 'good' rating. The home is move-in ready and features high-end finishes such as hardwood flooring, granite countertops, and custom built-ins. Recent updates including new stainless steel kitchen appliances and fresh interior paint in select rooms demonstrate excellent maintenance and minimal physical depreciation.
High School: Perry High School (9/10).
The property features a rare 1,600 sq ft finished basement and a dedicated main-floor guest suite with a private entrance, offering unparalleled flexibility for large families or live-in guests.
Listed at $25,000 below a recent appraisal, this former model home provides buyers with instant equity and a strong value proposition in the competitive Layton Lakes community.
The substantial 5,633 sq ft size combined with a private pool and basement will likely result in significant utility and maintenance expenses, particularly during peak Arizona summer months.
With a massive interior footprint situated on a 9,504 sq ft lot, the outdoor space is largely occupied by the pool and patio, leaving minimal green space for other activities.
INSTANT EQUITY! Priced 25k below apprasial! RARE opportunity to own a former model BASEMENT home that perfectly blends luxury, space, and functionality -- offering 7 bedrooms, a guest suite with private entrance, finished basement, loft, den, and so much more! Step inside to discover a home that is absolutely stunning throughout, with fresh interior paint in select rooms that adds a clean, updated feel. The private guest suite is conveniently located on the main floor and features a custom built-in entertainment center, full bathroom, and its own private entrance -- ideal for multigenerational living, office or extended guests. The chef's dream kitchen showcases beautiful maple cabinetry, granite countertops, double ovens, NEW stainless steel appliances, an oversized island, butler's pantry, and walk-in pantry Elegant pendant lighting and a stylish tile backsplash complete the space. Additional highlights include hardwood flooring, an upgraded staircase railing, custom built-ins for extra storage throughout, recessed lighting, built-in surround sound, and plantation shutters that bring a timeless look to every room. The primary suite is located on the main floor and features a custom walk-in closet, luxurious snail-style walk-in shower, soaking tub, and dual vanities. The 1,600 sq ft finished basement is an entertainer's dream, offering a wet bar, spacious entertainment area, two large bedrooms, a full bathroom, and additional storage. Outdoor living is just as impressive with a resort-style pool, covered patio and lush mature landscaping. Located in the highly desirable Layton Lakes community, residents enjoy walking paths, splash pads, playgrounds, tennis courts, sports fields, and beautiful lakes throughout the neighborhood. Don't miss the opportunity to own this stunning Charleston floor plan -- homes like this rarely come available!
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades PK-6 • 1.5 mi
Grades 7-8 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 99% |
| Baths | 6.0 | 3.0 | 99% |
| Square foot | 5,633 | 2,408 | 99% |
| Lot Size | 9,504 | 7,700 | 78% |
| Price | $975.0K | $450.0K | 94% |
| Price per sq ft | $173 | $214 | 45% |
| Built year | 2008 | 2004 | 68% |
| HOA | $310 | $214 | 85% |
| Days on market | 41 | 2392 | 1% |
Mar 12, 2026
$975,000
Initial Listing