4278 E LANTERN Place, Gilbert, AZ 85297 (MLS# 7024907)

4278 E LANTERN Place, Gilbert, AZ 85297

$530,000

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Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,073 Lot Size (sq. ft.): 8,043 Status: Active

Current Price: $530,000 Last Modified: 5/07/2026

Overview

Description

Located in the highly sought-after, award-winning community of Power Ranch in South Gilbert, this 3 bedroom + den, 2.5-bath home offers an exceptional opportunity to create your dream space in one of the East Valley's most desirable neighborhoods. The home features a functional split floor plan that provides both privacy and versatility for modern living. The home backs to a serene common area with view fencing, giving the backyard an open, peaceful feel. Enjoy a relaxing outdoor setting complete with a tranquil pond and a private putting green, perfect for quiet mornings or entertaining guests. This property presents a fantastic opportunity for buyers looking to personalize and update a home to their own taste. With a great layout, and

Supplements: an unbeatable location, the potential here is undeniable. Power Ranch residents enjoy access to top-rated amenities including pools, parks, trails, and community events, all within close proximity to shopping, dining, and top-rated Gilbert schools.

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Listing Details MLS# 7024907

Location, Tax & Legal

House Number: 4278
Compass: E
Street Name: LANTERN
St Suffix: Place
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85297
Zip4: 9522
Country: US
County Code: Maricopa
Assessor Number: 313-02-464
Subdivision: POWER RANCH NEIGHBORHOOD 1
Tax Year: 2025
Assessor's Map #: 2
Legal Description (Abbrev): LOT 102 POWER RANCH NEIGHBORHOOD 1 MCR 051811
Assessor's Parcel #: 464
Tax Municipality: Gilbert
Taxes: 2117

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: Yes
Total Bathrooms: 3
Approx SQFT: 2073
Price/SqFt: 255.67
Horses: N
Builder Name: Standard Pacific
Year Built: 2003
Approx Lot SqFt: 8043
Approx Lot Acres: 0.185
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: No
Planned Comm Name: Power Ranch
Marketing Name: Power Ranch
Elementary School District: Higley Unified School District
High School District: Higley Unified School District
Elementary School: Power Ranch Elementary
Jr. High School: Sossaman Middle School
High School: Higley High School

Remarks Misc

Cross Street: Queen Creek Rd & Ranch House Parkway
Directions: N on Ranch House Parkway to Tannery Rd, W to Rim Rd, N to Lantern W to home

Legal Info

Township: 2S
Range: 6E
Section: 12
Lot Number: 102

Basement

Basement Y/N: N

More Information

Parking Spaces

Garage Spaces: 3
Slab Parking Spaces: 3
Total Covered Spaces: 3

Showing Notification Methods

Showing Service: Aligned Showings

Special Listing Cond

N/A: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Tile: Yes

Association & Fees

HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 0
HOA Fee: 402
HOA Paid Frequency: Quarterly
HOA Name: PRCA
HOA Telephone: 480-988-0960
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 2500
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 402
Disclosure Fees HOA: 400
Other Fees HOA: 0
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 134

Lockbox Type

Supra: Yes

Master Bathroom

Separate Shwr & Tub: Yes
Double Vanity: Yes
Private Toilet Room: Yes

Additional Bedroom

Separate Bedroom Exit: Yes
Master Bedroom Walk-in Closet: Yes

Flooring

Carpet: Yes
Laminate: Yes
Tile: Yes

Window Features

Dual Pane: Yes

Community Features

Biking/Walking Path: Yes
Children's Playgrnd: Yes
Clubhouse/Rec Room: Yes
Lake: Yes
Pickleball: Yes

Dining Area

Eat-in Kitchen: Yes
Breakfast Bar: Yes

Heating

Natural Gas: Yes

Kitchen Features

Dishwasher: Yes
Disposal: Yes
Electric Oven: Yes
Electric Range: Yes
Kitchen Island: Yes
Built-in Microwave: Yes
Non-laminate Counter: Yes
Pantry: Yes
Refrigerator: Yes
Reverse Osmosis: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Interior Features

9+ Flat Ceilings: Yes
No Interior Steps: Yes

Laundry

Washer Included: Yes
Dryer Included: Yes
Inside: Yes

Other Rooms

Family Room: Yes
Great Room: Yes

Separate Den/Office

Sep Den/Office Y/N: Y

Road Surface Type

Paved: Yes

Road Responsibility

City Maintained Road: Yes

Technology

Cable TV Avail: Yes
High Speed Internet: Yes

Fencing

Block: Yes
Wrought Iron: Yes

Water Source

City Water: Yes

Community Pool Features

Heated: Yes
Outdoor: Yes

Exterior Features

Covered Patio(s): Yes
Patio: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes

Parking Features

Attached Garage: Yes
Direct Access: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes

Plumbing

Gas Hot Water Heater: Yes

Utilities

SRP: Yes
SW Gas: Yes

Existing 1st Loan

Conventional: Yes

Property Description

North/South Exposure: Yes
Borders Common Area: Yes

Landscaping

Desert Front: Yes
Synthetic Grass Back: Yes
Yrd Wtring Sys Front: Yes
Auto Timer H2O Back: Yes

Services

City Services: Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes

Possession

Close of Escrow: Yes

Association Fee Incl

Common Area Maint: Yes

Assoc Rules/Info

Prof Managed: Yes

Property Features

Special Listing Cond: N/A Master Bathroom: Separate Shwr & Tub; Double Vanity; Private Toilet Room Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet Flooring: Carpet; Laminate; Tile Window Features: Dual Pane Community Pool Features: Heated; Outdoor Spa: None Community Features: Biking/Walking Path; Children's Playgrnd; Clubhouse/Rec Room; Lake; Pickleball Dining Area: Eat-in Kitchen; Breakfast Bar Kitchen Features: Electric Oven; Electric Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Pantry; Non-laminate Counter; Kitchen Island Laundry: Washer Included; Dryer Included; Inside Other Rooms: Family Room; Great Room Interior Features: 9+ Flat Ceilings; No Interior Steps Technology: Cable TV Avail; High Speed Internet Exterior Features: Covered Patio(s); Patio Parking Features: Attached Garage; Direct Access Road Surface Type: Paved Road Responsibility: City Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Natural Gas Plumbing: Gas Hot Water Heater Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Wrought Iron; Block Property Description: North/South Exposure; Borders Common Area Landscaping: Desert Front; Synthetic Grass Back; Yrd Wtring Sys Front; Auto Timer H2O Back Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Conventional New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: Keller Williams Integrity First

Last Updated: May - 07 - 2026