
Gilbert, AZ 85297
This Versatile Multi-Generational Residence is a Strong Value Opportunity, listed at $650,000—positioned well below the $697,709 Fair Market Value by 6%. This valuation gap provides $47,709 in Instant Equity. Boasting a Good Condition Rating, the home features a Granite Kitchen, a main-level guest suite, and a lush Edible Garden with mature fruit trees. Residents benefit from the Layton Lakes Lifestyle and access to top-rated Perry High School (9/10). This property is an exceptional acquisition for Growing Families or Owner-Occupants seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 874 E FURNESS Drive Subject | $650,000* List Price | 5 | 3 | 2,903 | $240 | - |
A 1423 E CANARY Drive Sold | $655,000 | 4 | 3 | 2,393 | $274 | 0.9 mi |
B 1423 E CANARY Drive Sold | $655,000 | 4 | 3 | 2,393 | $274 | 0.9 mi |
C 4730 S TWINLEAF Drive Active | $650,000 List Price | 3 | 3 | 2,673 | $243 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2011, this 15-year-old home is well-maintained and move-in ready. The kitchen and bathrooms feature functional granite countertops and stainless steel appliances. While the cabinetry and finishes reflect the original build date, the property shows no signs of deferred maintenance and fits perfectly within the 10-20 year age bracket for 'Good' condition.
High School: Perry High School (9/10).
The 2,903 sqft floor plan features five bedrooms, including a full bedroom and bathroom on the main level, making it ideal for guests or multi-generational living arrangements.
Located in the desirable Layton Lakes subdivision, the property offers access to high-end amenities including stocked lakes, sports courts, splash pads, and extensive walking trails.
With a large home footprint on a 6,539 sqft lot, the outdoor space is largely dedicated to the patio and garden, leaving limited room for a private pool or large lawn.
Built in 2011, the property is at an age where original high-ticket items like HVAC units and water heaters may soon require replacement to maintain efficiency in the Arizona climate.
This is the one that just feels right the second you walk in. Bright, open, and designed for real life, this 5 bedroom, 3 bathroom home checks every box and then some. The kitchen is a total standout with granite countertops, stainless steel appliances, reverse osmosis for drinking water, and tons of beautiful cabinetry that actually gives you the storage you've been looking for. Downstairs you've got a full bedroom and bathroom, perfect for guests or multi generational living. Head upstairs and it just keeps getting better with a large loft, a full laundry room, and secondary bedrooms that are all generously sized. The primary suite is exactly what you want it to be... spacious, relaxing, with dual sinks, raised countertops, a separate tub and shower, and a large walk in closet that doesn't disappoint. And then the backyard... this is where it really wins. An extended patio gives you plenty of room to relax or entertain, while your own herb and vegetable garden plus mature fruit trees including figs, oranges, tangerines, and even grapes make it feel like your own private retreat. Living in Layton Lakes means you're not just buying a home, you're stepping into a lifestyle with stocked lakes, tennis, volleyball, and basketball courts, splash pads, playgrounds, and miles of walking trails. All of that just minutes from the 202 freeway, incredible dining, and shopping. This one isn't just a home... it's the one people wait for.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades PK-6 • 1.3 mi
Grades 7-8 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 78% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,903 | 2,360 | 68% |
| Lot Size | 6,539 | 7,523.5 | 33% |
| Price | $650.0K | $0 | 83% |
| Price per sq ft | $224 | $0 | 61% |
| Built year | 2011 | 2004 | 72% |
| HOA | $347 | $180 | 92% |
| Days on market | 39 | 2613 | 1% |
Apr 30, 2026
$650,000
Initial Listing