For sale

$724,900

4481 E LANTERN Place, Gilbert, AZ 85297

4beds

3,353sqft

$4,461/mo

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Single Family Residence

Built in 2002

8,624 Square Feet Lot

$-- Zestimate^®

$216/sqft

$134/mo HOA

What's special

Comfortable living spacesSpacious layoutLarge center islandStylish interior finishesQuality finishesGranite countertopsBeautifully appointed kitchen

Stunning Gilbert home offering stylish interior finishes and an exceptional backyard retreat! The beautifully appointed kitchen features custom cabinetry, granite countertops, and a large center island, creating a perfect blend of function and style. The inviting interior offers a spacious layout with quality finishes and comfortable living spaces designed for both everyday living and entertaining. Step outside to an impressive backyard featuring a large PebbleTec pool with raised spa and pergola, creating an ideal setting for relaxing and enjoying Arizona's year-round sunshine. Located in desirable Gilbert near shopping, dining, parks, schools, and convenient freeway access, this home delivers the perfect combination of upgraded living spaces and resort-style outdoor living.

11 hours
140
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Natural Gas

Cooling

Central Air

Appliances

Included: Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
Laundry: Inside

Features

Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
Flooring: Carpet, Tile
Windows: Double Pane Windows
Has basement: No
Number of fireplaces: 2
Fireplace features: Fire Pit, Gas

Interior area

Total structure area: 3,353
Total interior livable area: 3,353 sqft

Video & virtual tour

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Property

Parking

Total spaces: 6
Parking features: Garage, Open
Garage spaces: 3
Uncovered spaces: 3

Features

Stories: 2
Patio & porch: Covered, Patio
Has private pool: Yes
Pool features: Outdoor Pool, Heated
Has spa: Yes
Spa features: Heated, Private
Fencing: Back Yard,Block

Lot

Size: 8,624 Square Feet
Features: Grass Front, Grass Back

Details

Additional structures: Gazebo
Parcel number: 31302760

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Stucco, Wood Frame
Roof: Tile

Condition

Year built: 2002

Details

Builder name: William Lyons Homes

Utilities & green energy

Sewer: Public Sewer
Water: City Water

Community & HOA

Community

Features: Pool, Pickleball, Lake, Community Spa, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
Subdivision: POWER RANCH NEIGHBORHOOD 3

HOA

Has HOA: Yes
Services included: Maintenance Grounds
HOA fee: $402 quarterly
HOA name: Power Ranch
HOA phone: 480-988-0960

Location

Region: Gilbert

Financial & listing details

Price per square foot: $216/sqft
Tax assessed value: $572,000
Annual tax amount: $2,287
Date on market: 9/2/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/2/2026	Listed for sale	$724,900-3%$216/sqft
Source: ARMLS #7074329 Report a problem
7/21/2023	Sold	$747,500+2.4%$223/sqft
Source: ARMLS #6566959 Report a problem
6/26/2023	Pending sale	$729,900$218/sqft
Source: ARMLS #6566959 Report a problem
6/15/2023	Listed for sale	$729,900+89.6%$218/sqft
Source: ARMLS #6566959 Report a problem
5/29/2018	Sold	$385,000+10%$115/sqft
Source: Public Record Report a problem
5/15/2013	Sold	$350,000+3%$104/sqft
Source: ARMLS #4929794 Report a problem
5/3/2013	Listed for sale	$339,900+28.3%$101/sqft
Source: Blue Desert Properties #4929794 Report a problem
1/6/2011	Sold	$265,000-8.6%$79/sqft
Source: Public Record Report a problem
12/23/2010	Price change	$290,000+3.6%$86/sqft
Source: Keller Williams Arizona Realty #4417516 Report a problem
8/25/2010	Price change	$280,000-3.4%$84/sqft
Source: Keller Williams Arizona Realty #4417516 Report a problem
8/12/2010	Price change	$290,000-3.3%$86/sqft
Source: The Kepple Group #4417516 Report a problem
7/4/2010	Listed for sale	$300,000-31.8%$89/sqft
Source: The Kepple Group #4417516 Report a problem
2/25/2008	Sold	$440,000-2.2%$131/sqft
Source: Public Record Report a problem
11/14/2007	Listed for sale	$450,000+85.7%$134/sqft
Source: Number1Expert #2845641 Report a problem
8/15/2003	Sold	$242,282$72/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,235 -6.5%	$57,200 -6.5%
2024	$2,390 -15.5%	$61,150 +85.6%
2023	$2,828 +2.6%	$32,952 -13.4%
2022	$2,756 -4.8%	$38,030 +7.6%
2021	$2,895 +3.3%	$35,350 +4.8%
2020	$2,803 +3.7%	$33,720 +8.3%
2019	$2,704	$31,150 +5%
2018	$2,704 -12.1%	$29,660 +0.5%
2017	$3,075 +12.5%	$29,510 +3.8%
2016	$2,735 +1.2%	$28,430 -0.3%
2015	$2,701	$28,510 +25.4%
2014	--	$22,730 +17.7%
2013	--	$19,310 -7.9%
2012	--	$20,960 -5.8%
2011	--	$22,260 -23.3%
2010	--	$29,010 -17.5%
2009	--	$35,180 -3.6%
2008	--	$36,500 +7.2%
2007	--	$34,050 +51.7%
2006	--	$22,450 +3.7%
2005	--	$21,650 +10.5%
2004	--	$19,600 +690.3%
2003	--	$2,480
2002	--	$2,480