Brand new AC! Located in the highly sought-after, award-winning community of Power Ranch in South Gilbert, this 3 bedroom + den, 2.5-bath home offers an exceptional opportunity to create your dream space in one of the East Valley's most desirable neighborhoods. The home features a functional split floor plan that provides both privacy and versatility for modern living.
The home backs to a serene common area with view fencing, giving the backyard an open, peaceful feel. Enjoy a relaxing outdoor setting complete with a tranquil pond and a private putting green, perfect for quiet mornings or entertaining guests. This property presents a fantastic opportunity for buyers looking to personalize and update a home to their own taste. With a great layout, and an unbeatable location, the potential here is undeniable. Power Ranch residents enjoy access to top-rated amenities including pools, parks, trails, and community events, all within close proximity to shopping, dining, and top-rated Gilbert schools.
For sale
Price cut: $20K (7/3)
$510,000
4278 E LANTERN Place, Gilbert, AZ 85297
3beds
2,073sqft
Single Family Residence
Built in 2003
8,043 Square Feet Lot
$-- Zestimate®
$246/sqft
$134/mo HOA
What's special
Great layoutFunctional split floor planTranquil pondPrivate putting greenRelaxing outdoor setting
- 58 days |
- 775 |
- 42 |
Zillow last checked:
Listing updated:
Listed by:
Melanie Nemetz 480-221-3034,
Keller Williams Integrity First Realty
Source: ARMLS,MLS#: 7024907
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven
- Laundry: Inside
Features
- Non-laminate Counter, High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Separate Shwr & Tub
- Flooring: Carpet, Laminate, Tile
- Windows: Double Pane Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,073
- Total interior livable area: 2,073 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached, Direct Access
- Attached garage spaces: 3
- Uncovered spaces: 3
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Spa features: None
- Fencing: Block,Wrought Iron
Lot
- Size: 8,043 Square Feet
- Features: Borders Common Area, North/South Exposure, Sprinklers In Front, Desert Front, Synthetic Grass Back, Auto Timer H2O Back
Details
- Parcel number: 31302464
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, Playground, Biking/Walking Path
- Subdivision: POWER RANCH NEIGHBORHOOD 1
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $402 quarterly
- HOA name: PRCA
- HOA phone: 480-988-0960
Location
- Region: Gilbert
Financial & listing details
- Price per square foot: $246/sqft
- Tax assessed value: $465,700
- Annual tax amount: $2,117
- Date on market: 5/10/2026
- Cumulative days on market: 58 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,420/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Price change | $510,000-3.8%$246/sqft |
Source:  ARMLS #7024907 Report a problem | ||
| 6/29/2026 | Pending sale | $530,000$256/sqft |
Source: ARMLS #7024907 Report a problem | ||
| 5/7/2026 | Listed for sale | $530,000+48.5%$256/sqft |
Source: ARMLS #7024907 Report a problem | ||
| 7/3/2019 | Sold | $357,000$172/sqft |
Source: ARMLS #5935225 Report a problem | ||
| 6/5/2019 | Listed for sale | $357,000+23.2%$172/sqft |
Source: Realty ONE Group #5935225 Report a problem | ||
| 11/9/2015 | Listing removed | $289,750$140/sqft |
Source: Realty ONE Group #5348841 Report a problem | ||
| 10/15/2015 | Listed for sale | $289,750+34.3%$140/sqft |
Source: Realty ONE Group #5348841 Report a problem | ||
| 11/20/2003 | Sold | $215,729$104/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,070 -6.5% | $46,570 -6.9% |
| 2024 | $2,213 -0.6% | $50,000 +92.8% |
| 2023 | $2,226 +2.6% | $25,938 -20.6% |
| 2022 | $2,169 -4.8% | $32,670 +7.9% |
| 2021 | $2,279 +3.3% | $30,270 +7.6% |
| 2020 | $2,206 +3.7% | $28,130 +10.2% |
| 2019 | $2,128 | $25,530 +5.8% |
| 2018 | $2,128 +3.8% | $24,120 +8.2% |
| 2017 | $2,051 +12.6% | $22,300 +0.2% |
| 2016 | $1,821 +1.1% | $22,250 +0.3% |
| 2015 | $1,802 | $22,180 +26.9% |
| 2014 | -- | $17,480 +15% |
| 2013 | -- | $15,200 -6.2% |
| 2012 | -- | $16,210 -6.7% |
| 2011 | -- | $17,370 -17.5% |
| 2010 | -- | $21,060 -19.5% |
| 2009 | -- | $26,170 -8.7% |
| 2008 | -- | $28,650 +7.3% |
| 2007 | -- | $26,700 +53.4% |
| 2006 | -- | $17,400 |
| 2005 | -- | $17,400 +99.5% |
| 2004 | -- | $8,720 +251.6% |
| 2003 | -- | $2,480 |
| 2002 | -- | $2,480 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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Climate risks
Neighborhood: Power Ranch
Nearby schools
GreatSchools rating
- 8/10Power Ranch Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 7/10Higley High SchoolGrades: 8-12Distance: 1.9 mi
- 8/10Sossaman Middle SchoolGrades: 7-8Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Power Ranch Elementary
- Middle: Sossaman Middle School
- High: Higley High School
- District: Higley Unified School District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Gilbert
- 85297
- Power Ranch
- 4278 E LANTERN Place
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