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Sold for $545,000
  • $545,000

    408 E MEADOWS Lane, Gilbert, AZ 85234

    4beds
    1,892sqft
    Single Family Residence
    Built in 1988
    0.29 Acres Lot
    $544,900 Zestimate®
    $288/sqft
    $2,614 Estimated rent

    Home value

    $544,900

    $501,000 - $594,000

    $2,614/mo

    Zestimate® history
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    $3,124/mo

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    $3,124/mo

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    What's special

    Huge lotKids dream playgroundMove-in readyBrand new air conditionerBonus spaceFresh white paintGenerous land
    **Multiple offers** LOCATION! Discover FUN living with this MOVE-IN READY, SINGLE-LEVEL 4 BR ~1900sf home on a HUGE LOT in a WELL-MAINTAINED NO-HOA community, ideally situated just minutes from VIBRANT DOWNTOWN GILBERT's HERITAGE DISTRICT. Nestled in one of Gilbert's well-known CIRCLE G communities on an impressive ~13,000 SF QUIET CUL-DE-SAC LOT -- one of the largest you'll find in this sought-after area -- this property offers exceptional privacy, space, and endless potential. A standout feature is the EXPANSIVE BACKYARD that provides lots of room for everything you desire from outdoor living, gardening, storage, a future pool oasis, or simply enjoying the serenity of a true cul-de-sac location. It is a kids dream playground where they can practice their soccer skills while the othe are getting ready for their volleyball competition. The combination of NO HOA & RV GATE/PAVERED PARKING is perfect for homeowners with a boat, trailer, RV, extra vehicles, or other fun toys -- no more storage hassles or off-site fees. In Gilbert's market, where large lots and practical amenities like this are increasingly hard to come by, this setup delivers tremendous value and flexibility for homeowners. This UNIQUE PROPERTY is also setup to be INCOME-PRODUCING with it's new Dbl French doors providing access from the backyard to the primary suite. Talking of doors, there are SECURITY DOORS on the front & rear of the home, and get this ... it also has BRAND NEW INNOVATIVE PELLA WINDOWS t/o the home that provide exceptional beauty, performance, energy efficiency, and peace of mind. When combined with the BRAND NEW AIR CONDITIONER, you will keep your monthly costs low to stay nice and cool during Arizona's summer months. When you step inside this SOLIDLY BUILT home, you will find VAULTED CEILINGS, TILE FLOORS, and FRESH WHITE PAINT. A BONUS SPACE can be used for your morning coffee to catch up on your latest social media, a game room for the kiddos, a library to relax and wind down reading your favorite book, or whatever your heart desires. Enjoy cooking in the SPACIOUS UPDATED KITCHEN w/WHITE CABINETS, BLACK GRANITE, GREY BACK SPLASH, SLEEK COOKTOP & BUILT-IN OVEN. And the upgrades extend into the fully remodeled bath w/floor-to-ceiling tiled walk-in shower. With Gilbert's median home values hovering around $600,000 in early 2026, this rare combination of proximity to downtown excitement and generous land makes it a standout choice for families, hobbyists, or anyone seeking more than the standard suburban lot ALL FOR UNDER THE MEDIAN PRICE. Imagine evenings just minutes from the HERITAGE DISTRICT's THRIVING SCENE: delicious dining with dozens of restaurants, lively events and plays, farmers markets, boutique shopping, the iconic water tower, cultural spots, and family-friendly parks. Enjoy the best of Gilbert's walkable, vibrant core while retreating to your own spacious, private retreat at home. Located along the CONVENIENT US60 corridor that quickly gets you to all areas of the valley, and minutes away from TOP RATED NEELY TRADITIONAL ACADEMY. This isn't just a house--it's a lifestyle upgrade with room to grow. Don't miss this exceptional opportunity in one of Arizona's most desirable communities! Don't miss the video that will take you on a journey.

    Zillow last checked:

    Listing updated:

    Listed by:

    Drew Mantlik 480-529-9917,

    HomeSmart,

    Betsy Mantlik 480-529-9917,

    HomeSmart

    Bought with:

    Javier Vidana-Avelar, SA646659000

    Real Broker

    Source: ARMLS,MLS#: 7003513MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Cooktop, Built-In Electric Oven
    • Laundry: Inside, Gas Dryer Hookup
    Features
    • Pantry, High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
    • Flooring: Carpet, Tile
    • Windows: Screens, Skylight(s), Double Pane Windows, ENERGY STAR Qualified Windows, Vinyl Frame
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,892
    • Total interior livable area: 1,892 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: RV Access/Parking, RV Gate, Garage Door Opener, Direct Access, Side Vehicle Entry
    • Garage spaces: 2
    • Uncovered spaces: 3
    Features
    • Stories: 1
    • Patio & porch: Covered
    • Spa features: None
    • Fencing: Back Yard,Block
    Lot
    • Size: 0.29 Acres
    • Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Gravel/Stone Front, Grass Back, Auto Timer H2O Back
    Details
    • Parcel number: 30495364

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & neighborhood

    Location
    • Region: Gilbert
    • Subdivision: CIRCLE G MEADOWS 2 AMD

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/28/2026Sold$545,000+1.9%$288/sqft
    Source: ARMLS #7003513 Report a problem
    3/28/2026Pending sale$535,000$283/sqft
    Source: ARMLS #7003513 Report a problem
    3/25/2026Listed for sale$535,000$283/sqft
    Source: ARMLS #7003513 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,350 -8.2%$45,880 -5.4%
    2024$1,470 +12.7%$48,500 +134.3%
    2023$1,304 -35.8%$20,699 -33.8%
    2022$2,030 -6.7%$31,250 +3.1%
    2021$2,176 +8.7%$30,310 +10.6%
    2020$2,002 +1.4%$27,410 +10.3%
    2019$1,975 $24,860 +7.7%
    2018$1,975 +1.8%$23,080 +9.4%
    2017$1,940 +54%$21,100 +4.4%
    2016$1,260 -29.8%$20,220 +6.4%
    2015$1,795 $19,010 +29.7%
    2014-- $14,660 +20.9%
    2013-- $12,130 -8.3%
    2012-- $13,230 -11.6%
    2011-- $14,960 -11.2%
    2010-- $16,850 -22.9%
    2009-- $21,860 -11.9%
    2008-- $24,800 +5.8%
    2007-- $23,450 +58.4%
    2006-- $14,800
    2005-- $14,800 +10.9%
    2004-- $13,350
    2003-- $13,350 +12.7%
    2002-- $11,850

    Find assessor info on the county website

    Neighborhood: Circle G Meadows

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Neely Traditional Academy
    • Middle: Mesquite Elementary 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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    Estimated market value
    $544,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $544,900