
Gilbert, AZ 85295
This Expansive Luxury Residence is a Strong Value Opportunity, listed at $825,000—positioned well below the $914,363 Fair Market Value by 9%. This valuation gap secures $89,363 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the 4,271 sqft layout features a gourmet kitchen, 4-car garage, and a resort-style diving pool. Located near top-rated schools like South Valley Jr. High, it perfectly balances lifestyle luxury with financial logic. This is an ideal acquisition for multi-generational families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 882 E Parkview Drive Subject | $825,000* List Price | 5 | 4 | 4,271 | $214 | - |
A 909 E VERMONT Drive Sold | $825,000 List Price | 6 | 5 | 5,137 | 0.1 mi | |
B 2692 S JACOB Street Sold | $585,000 List Price | 6 | 4 | 4,011 | 0.6 mi | |
C 2766 S HERITAGE Drive Sold | $584,995 List Price | 5 | 4 | 3,772 | 0.2 mi | |
D 643 E LOWELL Avenue Sold | $900,000 List Price | 5 | 4 | 4,000 | 0.3 mi | |
E 331 E PHELPS Street Sold | $808,000 | 5 | 3 | 3,479 | $232 | 0.8 mi |
F 1273 E HAMPTON Lane Sold | $710,000 | 5 | 3 | 3,037 | $234 | 0.5 mi |
G 3153 S SIERRA Street Active | $950,000 List Price | 5 | 4 | 4,258 | $223 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2013, this property is approximately 11 years old and remains in move-in ready condition. The interior features high-quality finishes such as hand-scraped wood flooring, granite countertops, and stainless steel Kitchen Aid appliances. The home is well-maintained with no visible deferred maintenance, fitting the criteria for a property built within the 10 to 20-year range that has been kept in good functional order.
The 4,271 sqft floor plan is highly functional, featuring five bedrooms plus an office, a rare four-car garage, and a desirable downstairs bedroom with a full bath perfect for guests or multi-generational living.
The home is loaded with premium upgrades, including a gourmet kitchen with Kitchen Aid appliances, granite countertops, and Nottoway hand-scraped 5-inch plank wood flooring throughout the bedrooms and loft.
The backyard serves as a private retreat with a diving pool and slide, a large covered patio for outdoor dining, and low-maintenance landscaping designed for the Arizona climate.
With a massive 4,271 sqft structure and a pool situated on an 8,750 sqft lot, the remaining usable yard space is relatively limited for a home of this scale.
The $375 association fee represents a significant recurring carrying cost that may impact the overall monthly budget for some buyers compared to nearby communities with lower fees.
Good location in Velvendo. 5 bedrooms w/4 full bathroom plus office w/ double door, 4 cars garage, one bedroom and full bath in downstairs, Highly upgraded, gourmet kitchen with SS Kitchen Aid appliances, granite countertops, Raised Panel maple cabinets, 4 1/2'' crown, Cabinet in downstair laundry room, surround sound in family room and loft, big island, formal living/dining, all tiles in the right place, Nottoway hand scraped 5'' plank wood floor in all bedrooms ,loft, stairs, large covered patio, diving pool with slide, Low maintenance yard.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 7-8 • 0.8 mi
Grades 8-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 80% |
| Baths | 4.0 | 3.0 | 86% |
| Square foot | 4,271 | 2,136 | 95% |
| Lot Size | 8,750 | 7,500 | 67% |
| Price | $825.0K | $410.0K | 93% |
| Price per sq ft | $193 | $214 | 48% |
| Built year | 2013 | 2004 | 80% |
| HOA | $375 | $125 | 93% |
| Days on market | 17 | 2472 | 1% |
Apr 5, 2026
$825,000
Initial Listing