For sale

Price cut: $50.5K (10/9)

$1,799,500

2981 E SILO Drive, Gilbert, AZ 85296

5beds

5,728sqft

$10,864/mo

Get pre-qualified

Single Family Residence

Built in 2016

0.26 Acres Lot

$-- Zestimate^®

$314/sqft

$143/mo HOA

What's special

Versatile loft spacePrimary bedroomSerene views

A Morrison Ranch Dream Home! Perfect for Multigenerational uses, situated on a premium 0.26-acre lot. Positioned with open greenbelts both in front & to the side, this home offers exceptional privacy, serene views, & no immediate neighbors on two sides. Designed for both grand entertaining & comfortable everyday living. The main level includes a dedicated office/den, ideal for working from home & an additional bedroom with en suite. The upper level boasts a primary bedroom & a versatile loft space, the home is equipped with two full-size laundry rooms, one on each level. Minutes to premier shopping, dining , entertainment & the San Tan Mall. Only 30 min. from Sky Harbor Airport. *1% Flex Credit to be applied towards closing costs or rate, offered by preferred lender for qualified buyers*

38 days
1,352
84

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 6
Full bathrooms: 4
1/2 bathrooms: 2

Heating

Heat Pump, Forced Air

Cooling

Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat

Appliances

Included: Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Gas Oven, Gas Cooktop, Built-In Gas Oven
Laundry: Upper Level, Inside, Engy Star (See Rmks)

Features

Pantry, Quartz Countertops, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Full Bth Master Bdrm
Flooring: Carpet, Tile
Windows: Low Emissivity Windows, Double Pane Windows
Has basement: No
Has fireplace: No

Interior area

Total structure area: 5,728
Total interior livable area: 5,728 sqft

Property

Parking

Total spaces: 7
Parking features: Garage, Open
Garage spaces: 4
Uncovered spaces: 3

Features

Stories: 2
Has private pool: Yes
Pool features: Outdoor Pool
Spa features: None
Fencing: Block

Lot

Size: 0.26 Acres
Features: Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back

Details

Parcel number: 30420458

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Stucco, Board & Batten Siding, Wood Frame, Painted
Roof: Tile

Condition

Year built: 2016

Details

Builder name: Ashton Woods

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: WARNER GROVES AT MORRISON RANCH

HOA

Has HOA: Yes
Services included: Maintenance Grounds
HOA fee: $429 quarterly
HOA name: Morrison Ranch
HOA phone: 480-892-2267

Location

Region: Gilbert

Financial & listing details

Price per square foot: $314/sqft
Tax assessed value: $1,045,700
Annual tax amount: $5,061
Date on market: 9/18/2026
Cumulative days on market: 222 days
Listing terms: VA Loan,Cash,Conventional,FHA
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/9/2026	Price change	$1,799,500-2.7%$314/sqft
Source: ARMLS #7082504 Report a problem
9/29/2026	Price change	$1,850,000-2.6%$323/sqft
Source: ARMLS #7082504 Report a problem
9/19/2026	Listed for sale	$1,899,900+0.5%$332/sqft
Source: ARMLS #7082504 Report a problem
9/19/2026	Listing removed	--
Source: Owner Report a problem
9/15/2026	Listed for sale	$1,890,000-10%$330/sqft
Source: Owner Report a problem
9/6/2026	Listing removed	$2,100,000$367/sqft
Source: ARMLS #6994503 Report a problem
3/6/2026	Listed for sale	$2,100,000+200.3%$367/sqft
Source: ARMLS #6994503 Report a problem
9/29/2016	Sold	$699,192$122/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,826 +4.3%	$104,570 -7%
2024	$4,626 -0.6%	$112,420 +106.3%
2023	$4,655 -1.1%	$54,505 -24.7%
2022	$4,705 -1.8%	$72,400 +3.7%
2021	$4,789 +8.4%	$69,800 +6.2%
2020	$4,417 +3.4%	$65,720 +7.4%
2019	$4,274	$61,220 +15.1%
2018	$4,274 -2.2%	$53,200 -1.9%
2017	$4,372 +7972%	$54,230 +458.8%
2016	$54	$9,705