
Gilbert, AZ 85233
This Spacious Multigenerational Home is a Strong Value Opportunity, listed at $785,000—positioned well below the $857,767 Fair Market Value by 8%. This valuation gap offers $72,767 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a Granite Kitchen, a 3.5-car garage, and a private backyard with a pool and spa. It is an ideal acquisition for Owner-Occupants seeking long-term value or Multigenerational Families requiring flexible living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 821 W RAWHIDE Avenue Subject | $785,000* List Price | 5 | 3 | 3,755 | $228 | - |
A 245 W SAGEBRUSH Street Sold | $805,000 | 5 | 3 | 3,170 | $254 | 0.8 mi |
B 1025 W SILVER CREEK Road Sold | $560,000 List Price | 4 | 3 | 3,080 | 0.4 mi | |
C 854 W MESQUITE Street Sold | $667,500 | 4 | 3 | 2,979 | $224 | 0.1 mi |
D 854 W MESQUITE Street Sold | $667,500 | 4 | 3 | 2,979 | $224 | 0.1 mi |
E 602 W RAWHIDE Avenue Sold | $655,000 | 5 | 3 | 2,554 | $256 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1994 (30 years old), the property qualifies as 'Good' due to significant mid-life renovations. The kitchen and bathrooms have been updated with granite countertops, stainless steel appliances, and modern fixtures likely within the 5-15 year window. While some finishes like the carpet and brass shower trim are dated, the home appears well-maintained, functional, and move-in ready.
The expansive 3,755 sqft floor plan includes 5 bedrooms plus a bonus room, with two bedrooms on the main level, making it ideal for multigenerational living or guest accommodations.
The private backyard is fully equipped for entertainment and relaxation, featuring a sparkling pool, integrated spa, and a custom putting green.
A rare 3.5-car garage provides significant additional space for multiple vehicles, a workshop, or extensive storage needs.
The assigned middle and high schools carry a rating of 4, which may be a consideration for buyers specifically seeking Gilbert's highest-rated educational districts.
Built in 1994, the property may soon require capital improvements for aging major systems or further cosmetic updates to meet modern luxury standards.
Welcome to this beautiful home in Gilbert's sought-after Madera community. With 5 bedrooms plus a spacious bonus room, this layout is ideal for multigenerational living or guests, featuring 2 downstairs bedrooms and a full bathroom on the main level as well as crown molding throughout. The kitchen showcases granite countertops and included appliances, opening to inviting living spaces. Upstairs, the spacious primary suite features a full bath with dual vanities, a separate tub and shower, and generous storage. Step outside to your private backyard retreat complete with a sparkling pool, spa, and putting green. A 3.5-car garage adds even more convenience to this exceptional Gilbert home.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades 6-8 • 0.8 mi
Grades 8-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 87% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 3,755 | 1,983.5 | 96% |
| Lot Size | 9,620 | 7,423 | 85% |
| Price | $785.0K | $215.0K | 91% |
| Price per sq ft | $209 | $100 | 53% |
| Built year | 1994 | 1994 | 50% |
| HOA | $181 | $104 | 74% |
| Days on market | 22 | 2502 | 1% |
May 15, 2026
$785,000
Initial Listing