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Pending
  • $4,500,000

    1187 S VAL VISTA Drive, Gilbert, AZ 85296

    4beds
    2,685sqft
    : 
    $27,359/mo
    Get pre-qualified
    Single Family Residence
    Built in 1964
    4.88 Acres Lot
    $-- Zestimate®
    $1,676/sqft
    $-- HOA

    What's special

    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.
    437 days
    |
    58
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Val Carroll 480-231-6010,

    Mesa Verde Real Estate

    Source: ARMLS,MLS#: 6962905MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Cooktop
      • Laundry: Inside
      Features
      • Eat-in Kitchen, Full Bth Master Bdrm, Laminate Counters
      • Flooring: Carpet, Vinyl
      • Has basement: No
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,685
      • Total interior livable area: 2,685 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Carport, Open
      • Carport spaces: 2
      • Uncovered spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Covered
      • Spa features: None
      • Fencing: Other
      Lot
      • Size: 4.88 Acres
      • Features: Irrigation Back
      Details
      • Parcel number: 30426014H
      • Horses can be raised: Yes
      • Horse amenities: Arena, Corral(s), Stall

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Painted, Block
      • Roof: Composition
      Condition
      • Year built: 1964

      Utilities & green energy

      • Water: City Water

      Community & HOA

      Community
      • Features: Horse Facility
      HOA
      • Has HOA: No
      • Services included: No Fees
      Location
      • Region: Gilbert

      Financial & listing details

      • Price per square foot: $1,676/sqft
      • Tax assessed value: $745,700
      • Annual tax amount: $3,133
      • Date on market: 5/17/2025
      • Cumulative days on market: 438 days
      • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/21/2026Pending sale$4,500,000$1,676/sqft
        Source: ARMLS #6962905 Report a problem
        1/3/2026Listed for sale$4,500,000$1,676/sqft
        Source: ARMLS #6962905 Report a problem
        1/1/2026Listing removed$4,500,000$1,676/sqft
        Source: ARMLS #6867469 Report a problem
        5/16/2025Listed for sale$4,500,000+28.6%$1,676/sqft
        Source: ARMLS #6867469 Report a problem
        9/2/2024Listing removed$3,500,000$1,304/sqft
        Source: ARMLS #6729558 Report a problem
        7/10/2024Listed for sale$3,500,000$1,304/sqft
        Source: ARMLS #6729558 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,579 +4%$74,570 -2%
        2024$2,479 -0.9%$76,080 +143%
        2023$2,501 +2.5%$31,314 -38.1%
        2022$2,440 -3.9%$50,560 +6%
        2021$2,538 +8.8%$47,680 +7.5%
        2020$2,333 +3.2%$44,340 +7.7%
        2019$2,261 $41,180 +9.4%
        2018$2,261 +3.6%$37,650 +8.9%
        2017$2,182 +6.1%$34,580 +2.6%
        2016$2,057 -10.4%$33,710 +0.3%
        2015$2,295 $33,610 +33%
        2014-- $25,280 +37.8%
        2013-- $18,350 -11.2%
        2012-- $20,660 -16.6%
        2011-- $24,760 -22.8%
        2010-- $32,060 -3.1%
        2009-- $33,090 -14.7%
        2008-- $38,810 +7.7%
        2007-- $36,040 +10.8%
        2006-- $32,520
        2005-- $32,520 +50.9%
        2004-- $21,550 -16.1%
        2003-- $25,700 +81%
        2002-- $14,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 85296

        Getting around

        40 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Finley Farms Elementary
        • Middle: Greenfield Junior High School
        • High: Gilbert High School
        • District: Gilbert Unified District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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