92 E Palomino Drive, Gilbert, AZ 85296, Gilbert, 85296 - 3 bed, 3 bath
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92 E Palomino Drive
Gilbert, AZ 85296
ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,102Sq Ft
2,923Lot Size
Property Price
LIST PRICE$480,000
EST. MARKET VALUE
$469,990
SUMMARY
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $480,000—positioned slightly above the $469,990 Fair Market Value. While the property carries a Condition Rating of 3, its turnkey status, fresh paint, and Stainless Steel Appliances offer immediate lifestyle benefits. Located in the heart of Downtown Gilbert, residents enjoy access to a Community Pool, dog park, and multi-use trails. This home is an ideal sanctuary for first-time buyers or young professionals seeking a low-maintenance, amenity-rich lifestyle in a vibrant urban corridor.
Estimated Market Value
$469,990
Based on Realkey algorithm analyzing recent comparable sales in Gilbert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 92 E Palomino Drive Subject | $480,000* List Price | 3 | 3 | 2,102 | $224 | - |
A 623 S BUENA VISTA Avenue Pending | $425,000 List Price | 3 | 3 | 1,684 | $252 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2007 (19 years old), the property falls within the 10-20 year age bracket. It is described as move-in ready with fresh interior paint and stainless steel appliances, indicating it is well-maintained and functional.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Amenities
Situated in the highly desirable Downtown Gilbert area, this property offers exceptional community features including a pool, dog park, and direct access to the regional multi-use trail system.
- Move-In Ready Condition
The home is in spectacular condition with fresh interior paint and stainless steel appliances, providing a turnkey opportunity for buyers looking to avoid immediate renovation costs.
- Spacious & Flexible Layout
Boasting over 2,100 square feet with a large loft area in addition to three bedrooms, the floor plan offers significant versatility for families or those requiring a dedicated home office.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2923, living area = 2102.
- Limited Outdoor Space
With a lot size of only 2,923 square feet, the private outdoor area is relatively small for a single-family residence, which may deter buyers seeking a large backyard.
- Moderate School Ratings
The assigned public schools currently hold average ratings (4-5 out of 10), which may be a consideration for families prioritizing top-tier educational performance in their home search.
About 92 E Palomino Drive
Live your lifestyle in Downtown Gilbert at The Villages in Gilbert. Swim in the community Pool, relax under the Cabana. Popular subdivision, nothing else for sale! There is a kids Playground to enjoy along with the picnic Ramada. Also dog friendly park. Easy access to the nearby Multi-Use Trail System for exercise options. All this while coming home to a Spectacular MOVE IN READY 3 Bedroom 2.5 Bath home + Large Loft area! Fresh Interior Paint throughout. You will enjoy the spacious Living, Dining & Kitchen areas with a comfortable patio a few steps away. SS appliances. Large living areas. Two car garage. Home is located on an interior lot with reduced street noise and additional privacy. A must see!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 2,923 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $95 / Month
Neighborhood Insights
Gilbert Unified Schools
Gilbert Elementary School
Grades PK-6 • 0.8 mi
4/10
Mesquite Jr High School
Grades 6-8 • 0.6 mi
4/10
Gilbert High School
Grades 8-12 • 1.4 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,102 | 2,210.986 |
| Lot Size | 2,923 | 7,346.256 |
| Price | $480.0K | $598.8K |
| Price per sq ft | $228 | $280 |
| Built year | 2007 | 2003 |
| HOA | $95 | $224 |
| Days on market | 21 | 71 |
Pricing History
Listed for Sale
Aug 19, 2026
$480,000
Initial Listing