88 E TOLEDO Court, Gilbert, AZ 85295, Gilbert, 85295 - 7 bed, 6 bath
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Gilbert, AZ 85295
This Exceptional Custom Estate is a Strong Value Opportunity, listed at $2,150,000—positioned slightly above the $2,063,591 Fair Market Value. While not a discount play, the property offers immense utility through its 1.12-acre lot, 950 sq ft detached guest house, and RV garage. With a Good Condition Rating, the home features high-end walnut and marble flooring and a resort-style pool. This estate provides a rare blend of multi-generational living and hobbyist infrastructure, making it an ideal acquisition for Multi-Generational Families or Luxury Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 88 E TOLEDO Court Subject | $2,150,000* List Price | 7 | 6 | 5,431 | $380 | - |
A 377 E CLIFTON Court Active Under Contract | $1,590,000 List Price | 6 | 5 | 5,013 | $317 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (20 years old), the property is in well-maintained, move-in ready condition. It features high-end finishes including walnut and marble flooring, JennAir appliances, and a detached guest house with independent systems. While the kitchen and bath aesthetics are slightly dated to the original build era, the overall maintenance and 'resort-style' upgrades place it at the top of the Good category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48718, living area = 5431.
The property features a fully self-contained 950 sq ft guest house with its own kitchen, laundry, and separate utilities, providing exceptional value for multi-generational living or hosting.
Situated on a rare 1.12-acre lot, the estate includes a detached RV garage with a workshop and bathroom, catering perfectly to hobbyists and those with large vehicle storage needs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5431, other record living area = 4481.
Built in 2004, some of the home's original mechanical systems and structural components may be nearing the end of their typical functional lifespan, requiring future updates.
The scale of the 1.12-acre lot, combined with multiple detached structures and a large pool, necessitates significant ongoing maintenance and utility expenses.
Welcome to this exceptional Morgan Estates property situated on 1.12 acres offering a 4,481 sq ft custom home, 950 sq ft detached guest house, finished basement, RV garage, and resort-style backyard. The main residence features 4 bedrooms, office, music/library room, 3 full baths, ¾ bath, walnut and marble flooring, plantation shutters, crown molding, JennAir appliances, double ovens, warming drawer, oversized island, coffee bar, walk-in pantry, and luxurious primary suite with fireplace and spa bath. The detached guest house offers 2 bedrooms, full kitchen, living room, laundry, dedicated water heater, separate electrical panel, and HVAC. Enjoy a PebbleTec pool with slide and diving board, attached 3-car garage, detached RV garage with bathroom, workshop space, two RV gates, circular pave circular paver drive, and extensive upgrades throughout.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 0.0 |
| Baths | 6.0 | 0.0 |
| Square foot | 5,431 | - |
| Lot Size | 48,718 | - |
| Price | $2.15M | $554.5K |
| Price per sq ft | $396 | $287 |
| Built year | 2004 | 0 |
| HOA | $100 | $0 |
| Days on market | 51 | 2717 |
Jun 1, 2026
$2,150,000
Initial Listing