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For sale
  • Price cut: $15K (7/9)
    $749,000

    3500 E PENEDES Drive, Gilbert, AZ 85298

    4beds
    2,921sqft
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    Single Family Residence
    Built in 2016
    9,900 Square Feet Lot
    $-- Zestimate®
    $256/sqft
    $115/mo HOA

    What's special

    Newly updated poolGenerous counter spaceAmple cabinetryExpansive low-maintenance turfTree-lined streetsGenerously sized bedroomsFully upgraded backyard oasis
    SELLER OFFERING A $10,000 TOTAL CONCESSION FOR RATE BUY-DOWN, CLOSING COSTS. Welcome to 3500 E Penedes Drive, located in the highly desirable community of Marbella Vineyards in Gilbert. This beautifully maintained home offers a spacious and functional open-concept layout, perfect for modern living and effortless entertaining. The heart of the home features a large great room that flows seamlessly into the kitchen and dining areas, creating an inviting space for gathering with family and friends. The kitchen is designed with both style and functionality in mind, offering ample cabinetry, generous counter space, and a layout that keeps you connected to the main living areas. Step outside to your fully upgraded backyard oasis, where no detail has been overlooked. Enjoy a newly updated p expansive low-maintenance turf, and plenty of room for outdoor seating, and entertaining. This private outdoor space is ideal for Arizona living year-round. The home offers generously sized bedrooms, a well-designed floor plan, and an abundance of natural light throughout. Whether you're looking for space to grow, entertain, or simply relax, this home delivers. Located in Marbella Vineyards, residents enjoy tree-lined streets, parks, and a strong sense of community, all while being just minutes from top-rated schools, shopping, dining, and easy freeway access. This is a move-in-ready opportunity in one of Gilbert's most sought-after neighborhoods--don't miss it.
    86 days
    |
    1,295
    |
    94
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Hatch 480-236-6483,

    Realty ONE Group,

    Elle Dewitt 602-618-9854,

    Realty ONE Group

    Source: ARMLS,MLS#: 7020147MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Cooktop
      • Laundry: Inside, Gas Dryer Hookup
      Features
      • Pantry, High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
      • Flooring: Carpet, Tile
      • Windows: Screens, Solar Screens
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,921
      • Total interior livable area: 2,921 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Door Opener, Direct Access
      • Garage spaces: 3
      Features
      • Stories: 1
      • Patio & porch: Covered
      • Exterior features: Private Yard, Built-in Barbecue
      • Has private pool: Yes
      • Pool features: Heated
      • Has spa: Yes
      • Spa features: Heated, Private
      • Fencing: Block
      Lot
      • Size: 9,900 Square Feet
      • Features: North/South Exposure, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
      Details
      • Parcel number: 31318774

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Wood Frame, Painted, Stone
      • Roof: Tile
      Condition
      • Year built: 2016
      Details
      • Builder name: Shea Homes

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water
      Green energy
      • Energy efficient items: Solar Panels

      Community & HOA

      Community
      • Features: Playground, Biking/Walking Path
      • Subdivision: MARBELLA VINEYARDS PHASE 2B
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds
      • HOA fee: $346 quarterly
      • HOA name: Marbella Vineyards
      • HOA phone: 480-820-1519
      Location
      • Region: Gilbert

      Financial & listing details

      • Price per square foot: $256/sqft
      • Tax assessed value: $716,700
      • Annual tax amount: $3,397
      • Date on market: 4/27/2026
      • Cumulative days on market: 86 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/9/2026Price change$749,000-2%$256/sqft
        Source: ARMLS #7020147 Report a problem
        6/22/2026Price change$764,000-1.9%$262/sqft
        Source: ARMLS #7020147 Report a problem
        5/28/2026Price change$779,000-2.5%$267/sqft
        Source: ARMLS #7020147 Report a problem
        5/8/2026Price change$799,000-3.1%$274/sqft
        Source: ARMLS #7020147 Report a problem
        4/28/2026Listed for sale$824,900+28.9%$282/sqft
        Source: ARMLS #7020147 Report a problem
        11/19/2025Sold$640,100-20%$219/sqft
        Source: Public Record Report a problem
        9/29/2024Listing removed$800,000$274/sqft
        Source: ARMLS #6745094 Report a problem
        8/16/2024Listed for sale$800,000-1.8%$274/sqft
        Source: ARMLS #6745094 Report a problem
        8/1/2024Listing removed$815,000$279/sqft
        Source: ARMLS #6497222 Report a problem
        1/17/2023Price change$815,000-1.2%$279/sqft
        Source: ARMLS #6497222 Report a problem
        12/19/2022Listed for sale$825,000+93.2%$282/sqft
        Source: ARMLS #6497222 Report a problem
        1/9/2017Sold$427,014$146/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,285 +1.6%$71,670 -7.2%
        2024$3,234 +2%$77,220 +138.4%
        2023$3,171 +0.4%$32,395 -35%
        2022$3,158 -1.8%$49,860 +8.1%
        2021$3,217 +3.3%$46,110 +8.1%
        2020$3,112 +3%$42,650 +15.1%
        2019$3,022 $37,060 +213.5%
        2018$3,022 +126.9%$11,820 +6.8%
        2017$1,332 -11.2%$11,070 +4.2%
        2016$1,499 +359%$10,620 -33.4%
        2015$327 $15,936
        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: Marbella Vineyards

        Getting around

        2 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Dr. Gary and Annette Auxier Elementary School
        • Middle: Dr. Camille Casteel High School
        • High: Dr. Camille Casteel High School
        • District: Chandler Unified District #80

        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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