PendingPrice cut: $11K (7/1)
$599,000
5beds
2,520sqft
4238 E RAINBOW Drive, Gilbert, AZ 85297
5beds
2,520sqft
Single family residence
Built in 2003
7,769 sqft
3 Garage spaces
$238 price/sqft
$134/mo HOA
What's special
Brand-new turfBuilt-in bbqBeautiful curb appealResort-style outdoor oasis
This stunning 5-bedroom, 3-bathroom corner lot home is nestled in the highly sought-after Power Ranch community in Gilbert! Thoughtfully designed and move-in ready, this home offers the perfect blend of comfort, style, and resort-style living. The exterior was painted in 2023, adding to the home's beautiful curb appeal from the moment ...
- 22 days |
- 4,291 |
- 253 |
Likely to sell faster than
Source: ARMLS,MLS#: 7046893
Travel times
Family Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Listed by:
Cristina A Pulido 714-418-8110,
Real Broker,
Shannon Gillette 480-518-6885,
Real Broker
Source: ARMLS,MLS#: 7046893
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Water Softener Owned, Gas Stub for Range, Built-in Microwave, Dishwasher, Gas Range, Gas Oven, Gas Cooktop
- Laundry: Inside, See Remarks
Features
- High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Laminate Counters
- Flooring: Carpet, Tile, Wood
- Windows: Solar Screens, Double Pane Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,520
- Total interior livable area: 2,520 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Tandem Garage, Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Temp Controlled
- Garage spaces: 3
- Uncovered spaces: 2
Features
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Balcony, Built-in Barbecue
- Has private pool: Yes
- Pool features: Play Pool
- Spa features: None, Bath
- Fencing: Block
Lot
- Size: 7,769 Square Feet
- Features: North/South Exposure, Corner Lot, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back
Details
- Parcel number: 31301865
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile
Condition
- Year built: 2003
Details
- Builder name: Standard Pacific
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Features: Pool, Pickleball, Lake, Community Spa, Community Spa Htd, Tennis Court(s), Playground, Biking/Walking Path
- Subdivision: POWER RANCH
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $402 quarterly
- HOA name: CCMC
- HOA phone: 480-921-7500
Location
- Region: Gilbert
Financial & listing details
- Price per square foot: $238/sqft
- Tax assessed value: $506,700
- Annual tax amount: $2,042
- Date on market: 6/26/2026
- Cumulative days on market: 22 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Pending sale | $599,000$238/sqft |
Source:  ARMLS #7046893 Report a problem | ||
| 7/1/2026 | Price change | $599,000-1.8%$238/sqft |
Source: ARMLS #7046893 Report a problem | ||
| 6/26/2026 | Listed for sale | $610,000+82.1%$242/sqft |
Source: ARMLS #7046893 Report a problem | ||
| 6/14/2016 | Sold | $335,000-4.3%$133/sqft |
Source: ARMLS #5431089 Report a problem | ||
| 5/10/2016 | Listed for sale | $349,900$139/sqft |
Source: Keller Williams Integrity First #5431089 Report a problem | ||
| 4/26/2016 | Pending sale | $349,900$139/sqft |
Source: Keller Williams Integrity First #5431089 Report a problem | ||
| 4/20/2016 | Listed for sale | $349,900+37.2%$139/sqft |
Source: Keller Williams Integrity First #5431089 Report a problem | ||
| 11/4/2014 | Sold | $255,000-1.9%$101/sqft |
Source: ARMLS #5115353 Report a problem | ||
| 6/12/2014 | Listing removed | $260,000$103/sqft |
Source: Keller Williams Realty Biltmore Partners #5115353 Report a problem | ||
| 5/15/2014 | Listed for sale | $260,000+21.9%$103/sqft |
Source: Keller Williams Realty Biltmore Partners #5115353 Report a problem | ||
| 7/30/2003 | Sold | $213,369$85/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,996 -6.5% | $50,670 -6.8% |
| 2024 | $2,134 -0.6% | $54,380 +117.4% |
| 2023 | $2,147 +2.6% | $25,017 -26.6% |
| 2022 | $2,092 -4.8% | $34,060 +9.3% |
| 2021 | $2,198 +3.3% | $31,150 +4.8% |
| 2020 | $2,128 +3.7% | $29,710 +9.6% |
| 2019 | $2,053 | $27,110 +5% |
| 2018 | $2,053 +3.8% | $25,820 +5.3% |
| 2017 | $1,978 +12.6% | $24,520 +3.3% |
| 2016 | $1,756 +0.9% | $23,730 +11.1% |
| 2015 | $1,741 | $21,350 +26% |
| 2014 | -- | $16,950 +15.6% |
| 2013 | -- | $14,660 -6.4% |
| 2012 | -- | $15,670 -7.1% |
| 2011 | -- | $16,860 -18.6% |
| 2010 | -- | $20,710 -19.6% |
| 2009 | -- | $25,760 -10.9% |
| 2008 | -- | $28,900 +7% |
| 2007 | -- | $27,000 +55.2% |
| 2006 | -- | $17,400 |
| 2005 | -- | $17,400 +105.2% |
| 2004 | -- | $8,480 +158.5% |
| 2003 | -- | $3,280 |
| 2002 | -- | $3,280 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,314/mo
Principal & interest
$2975
Property taxes
$205
HOA Fees
$134
Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: Power Ranch
Nearby schools
Power Ranch Elementary School
Grades PK-8 • 0.2 miles8/10
GreatSchools® Rating
Test Score Rating
8/10Student Progress Rating
8/10Higley High School
Grades 8-12 • 1.3 miles7/10
GreatSchools® Rating
College Readiness Rating
10/10Student Progress Rating
5/10Sossaman Middle School
Grades 7-8 • 1.5 miles8/10
GreatSchools® Rating
Test Score Rating
9/10Student Progress Rating
7/10