Welcome to 147 E. Palo Blanco Way, a beautifully maintained 3-bedroom, 2-bathroom home in the desirable Farmhouse Meadows community of Gilbert. Situated on a generous 7,013-square-foot lot, this 1,620-square-foot single-story home offers privacy, comfort, character, and an exceptional location.
Step inside and you'll immediately notice the beautiful travertine stone flooring throughout the home, vaulted ceilings, graceful architectural arches, and charming niches that provide wonderful spaces for displaying art and treasured collections. The split-bedroom floor plan offers privacy, while the open living areas create an inviting space for relaxing and entertaining.
The heart of the home is the beautifully landscaped backyard, designed as a private Arizona oasis. The custom saltwater swimming pool provides a refreshing retreat during the warmer months, surrounded by mature landscaping and thoughtfully selected plants that bring seasonal color and beauty to the yard. The backyard feels wonderfully private and secluded while still opening directly onto the park behind the home.
One of the property's most special features is its location. With Farmhouse Meadows Park immediately behind the property, you can walk the dog, go for a jog, meet neighbors, and enjoy the surrounding green space without ever getting in the car. The canal is also accessible for walking and exercise. At the same time, downtown Gilbert is close enough to walk to, providing easy access to restaurants, coffee shops, nightlife, entertainment, and community events.
The home also offers the benefit of owned solar, an owned EV charger, and exceptionally low electricity costs. The current owners have enjoyed an electricity bill of approximately $500 per year, including charging two electric vehicles—a remarkable benefit for Arizona living.
The roof was replaced approximately 3½ years ago, and the home has been exceptionally well maintained. The combination of the cool travertine floors, vaulted living space, architectural details, mature landscaping, private pool, park setting, and walkable location gives this property a character and lifestyle that is increasingly difficult to find.
This is not simply a house—it is a private retreat with the convenience of a vibrant community just outside your door.
For sale by owner
Price cut: $10K (9/27)
$550,000
147 E Palo Blanco Way, Gilbert, AZ 85296
3beds
1,620sqft
SingleFamily
Built in 1998
7,013 Square Feet Lot
$-- Zestimate®
$340/sqft
$58/mo HOA
What's special
Private saltwater swimming poolArchitectural archesLemon treePomegranate treeExtensive hardy desert landscapingCovered porchExterior window sunscreens
What the owner loves about this home
Privacy without isolation. You have a private backyard that feels secluded, yet you're close enough to walk into a lively downtown for restaurants, bars, and nightlife.
The park immediately behind you. You can step out with the dog, walk, jog, see neighbors.
The landscaping. Mature, seasonal, colorful native planting gives the property a character that isn't something you can simply reproduce by buying a different house.
Remarkably low electricity costs. About $500/year while charging two EVs is an extraordinary operating-cost advantage, particularly with owned solar.
The travertine. Cool, substantial natural stone throughout the house gives it a very different feeling from a typical carpeted or tile-floored home.
The architecture. The arches, niches, vaulted spaces, and places to display your art make the house feel like your home, rather than a generic modern box.
The pool and outdoor space. Combined with the park, backyard privacy, and landscaping, the property has a strong indoor/outdoor component.
The location. Being able to leave your front door and actually walk to a thriving downtown is a quality-of-life feature that can be surprisingly difficult to replace.
- 46 days
- 818
- 65
Listed by:
Property Owner (928) 713-2607
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other, Electric, Solar
Cooling
- Central, Solar
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor, Washer
Features
- Flooring: Tile
- Basement: None
Interior area
- Total interior livable area: 1,620 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Stucco
- View description: None
Lot
- Size: 7,013 Square Feet
Details
- Parcel number: 30912455
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Tile
Condition
- New construction: No
- Year built: 1998
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $58 monthly
Location
- Region: Gilbert
Financial & listing details
- Price per square foot: $340/sqft
- Tax assessed value: $424,600
- Annual tax amount: $1,654
- Date on market: 8/24/2026
Estimated market value
Not available
Estimated sales range
Not available
$3,104/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/27/2026 | Price change | $550,000-1.8%$340/sqft |
Source: Owner Report a problem | ||
| 9/8/2026 | Pending sale | $560,000$346/sqft |
Source: | ||
| 9/3/2026 | Listed for sale | $560,000+176.5%$346/sqft |
Source: | ||
| 11/23/2004 | Sold | $202,500+28.2%$125/sqft |
Source: | ||
| 11/20/2001 | Sold | $158,000+19.2%$98/sqft |
Source: | ||
| 8/10/1998 | Sold | $132,571$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,654 +4% | $42,460 -5.9% |
| 2024 | $1,590 -0.9% | $45,100 +124.5% |
| 2023 | $1,604 +0.8% | $20,085 -28.2% |
| 2022 | $1,591 -3.5% | $27,980 +6% |
| 2021 | $1,648 +8.3% | $26,400 +8.3% |
| 2020 | $1,522 +3.3% | $24,370 +8.7% |
| 2019 | $1,473 | $22,420 +8.2% |
| 2018 | $1,473 +3.3% | $20,730 +7.5% |
| 2017 | $1,426 +6.1% | $19,280 +3.5% |
| 2016 | $1,344 -3.9% | $18,620 +5.1% |
| 2015 | $1,399 | $17,710 +26.2% |
| 2014 | -- | $14,030 +19.2% |
| 2013 | -- | $11,770 -8.5% |
| 2012 | -- | $12,860 -9.2% |
| 2011 | -- | $14,170 -12.4% |
| 2010 | -- | $16,170 -21.2% |
| 2009 | -- | $20,520 -14.7% |
| 2008 | -- | $24,050 +7.6% |
| 2007 | -- | $22,350 +64.3% |
| 2006 | -- | $13,600 |
| 2005 | -- | $13,600 +13.3% |
| 2004 | -- | $12,000 |
| 2003 | -- | $12,000 +15.9% |
| 2002 | -- | $10,350 |
Find assessor info on the county website
Monthly payment
Est. payment




