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1187 S VAL VISTA Drive, Gilbert, AZ 85296
$4,500,000







Property Type:
Residential
Bedrooms:
4
Baths:
2.5
Square Footage:
2,685
Lot Size (sq. ft.):
212,594
Status:
Active
Current Price:
$4,500,000
Last Modified:
5/16/2025
Description
Rare Acreage in Gilbert. Nearly 5 acres. Existing home is approximately 2700 sqft. Or build your own dream home in the heart of Gilbert on this irrigated horse property. Looking for an investment property - Many Development Opportunities are available on these 3 parcels currently zoned R43. Adjoining nearly 5 acre parcel may also be available for those seeking larger acreage. Don't miss this rare opportunity to live on or develop roughly 5-10 acres in a highly desired Gilbert location - just 1.5 miles to Loop 202 or 4 miles to US 60.
More Information MLS# 6867469
Contract Information
Status Change Date: 2025-05-16
List Price: $4,500,000
Status: Active
Current Price: $4,500,000
List Date: 2025-05-16
Type: Exclusive Agency
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 1187
Compass: S
Street Name: VAL VISTA
St Suffix: Drive
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85296
Zip4: 3702
Country: US
County Code: Maricopa
Assessor Number: 304-26-014-H
Subdivision: N/A
Tax Year: 2024
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 4
# Bathrooms: 2.5
Approx SQFT: 2685
Price/SqFt: 1675.98
Horses: Y
Builder Name: UNK
Year Built: 1964
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 212594
Approx Lot Acres: 4.88
Pool: None
Elementary School District: Gilbert Unified District
High School District: Gilbert Unified District
Elementary School: Finley Farms Elementary
Jr. High School: Greenfield Junior High School
High School: Gilbert High School
Remarks Misc
Cross Street: Val Vista b/t Warner & Ray
Directions: Val Vista b/t Warner & Ray Directions:
North on Val Vista from Ray approximately 1/2 mile. Immediately North of E Knox Rd on East side of Val Vista.
Geo Lat: 33.328682
Geo Lon: -111.754423
Legal Info
Township: 1S
Range: 6E
Section: 21
Lot Number: 304-26-014H
Basement
Basement Y/N: N
Parking Spaces
Carport Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Architecture: Ranch
Master Bathroom: Full Bth Master Bdrm
Fireplace Features: 1 Fireplace
Flooring: Carpet; Vinyl
Pool Features: No Pool
Spa: None
Community Features: Horse Facility
Dining Area: Eat-in Kitchen
Kitchen Features: Range/Oven Elec; Electric Cooktop; Dishwasher; Laminate Counters
Laundry: Inside
Other Rooms: Family Room; Great Room; Bonus/Game Room
Exterior Features: Covered Patio(s)
Construction: Block
Const - Finish: Painted
Roofing: Composition
Cooling: Central Air
Heating: Electric
Plumbing: Electric Hot Wtr Htr
Utilities: SRP
Water Source: City Water
Sewer: Septic in & Cnctd
Fencing: Other
Landscaping: Irrigation Back; Flood Irrigation
Horse Features: Corral(s); Stall; Arena
Lockbox Type: None
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Disclosures: None
Listing Office: Mesa Verde Real Estate
Last Updated: May - 16 - 2025

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