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Sold for $1,150,000
  • $1,150,000

    640 E MELODY Drive, Gilbert, AZ 85234

    4beds
    3,122sqft
    Single Family Residence
    Built in 1978
    0.86 Acres Lot
    $1,149,800 Zestimate®
    $368/sqft
    $4,043 Estimated rent

    Home value

    $1,149,800

    $1.06M - $1.25M

    $4,043/mo

    Zestimate® history
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    What's special

    Sparkling poolSrp irrigationThoughtful split floor planSingle-story ranch homeTree houseBeautiful beamsDirt bike pump track
    Located in the highly sought-after Circle G Ranch community, 640 East Melody Drive presents a super rare opportunity to own nearly an acre in the heart of Gilbert with horse privileges, SRP flood irrigation, and no HOA. Sitting on an expansive .86-acre lot, this property offers the perfect blend of space, privacy, and flexibility -- something that is increasingly hard to find in this area. This single-story ranch home offers 3,000 square feet with four bedrooms, three bathrooms, and a separate den or office, ideal for working from home or creating a quiet retreat. The thoughtful split floor plan provides privacy for the primary suite, while the vaulted living room showcases beautiful beams and a fireplace that adds warmth and character to the home. The kitchen opens seamlessly to the main living areas, making it perfect for entertaining or everyday living. The private primary suite serves as a true retreat, while the additional bedrooms are generously sized and well positioned for family or guests. Throughout the home, you'll find a stunning interior layout that balances charm with functionality. Step outside and you'll discover an entertainer's dream backyard. A covered patio provides shaded comfort for relaxing or hosting gatherings, while the sparkling pool, tree house, dirt bike pump track, and custom multi-sport, sport court (Tennis, full court Basketball, and pickleball) create endless opportunities for fun and recreation. With SRP irrigation and horse privileges, the oversized lot offers incredible potential -- whether you envision space for animals, a guest house, RV garage, workshop, or simply wide-open room to enjoy. All of this is located in a prime Gilbert location close to shopping, dining, and convenient freeway access, offering the rare combination of country-style living with everyday convenience. Opportunities like this in Circle G Ranch don't come around often.

    Zillow last checked:

    Listing updated:

    Listed by:

    Frank Gerola 480-231-3401,

    Venture REI, LLC,

    Kevin McKiernan 480-363-4893,

    Venture REI, LLC

    Bought with:

    Taylor W Landvatter, SA678897000

    Evergreen Realty LLC

    Source: ARMLS,MLS#: 6985765MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher
    Features
    • Eat-in Kitchen, Pantry, Full Bth Master Bdrm
    • Has basement: No
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 3,122
    • Total interior livable area: 3,122 sqft

    Property

    Features
    • Stories: 1
    • Patio & porch: Covered
    • Exterior features: Playground, Private Pickleball Court(s), Sport Court(s), Tennis Court(s)
    • Has private pool: Yes
    • Pool features: Outdoor Pool
    • Spa features: None
    • Fencing: Other
    Lot
    • Size: 0.86 Acres
    • Features: Grass Front, Grass Back, Irrigation Back
    Details
    • Parcel number: 30410234
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Painted, Block, Brick
    • Roof: Tile
    Condition
    • Year built: 1978

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: City Water

    Community & HOA

    Community
    • Subdivision: CIRCLE G RANCHES
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Gilbert

    Financial & listing details

    • Price per square foot: $368/sqft
    • Tax assessed value: $696,000
    • Annual tax amount: $2,818
    • Date on market: 2/20/2026
    • Cumulative days on market: 77 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/8/2026Sold$1,150,000-4.1%$368/sqft
    Source: ARMLS #6985765 Report a problem
    4/2/2026Contingent$1,199,000$384/sqft
    Source: ARMLS #6985765 Report a problem
    3/16/2026Price change$1,199,000-4%$384/sqft
    Source: ARMLS #6985765 Report a problem
    3/6/2026Price change$1,249,000-3.8%$400/sqft
    Source: ARMLS #6985765 Report a problem
    2/27/2026Price change$1,299,000-6.5%$416/sqft
    Source: ARMLS #6985765 Report a problem
    2/20/2026Listed for sale$1,389,000+122.2%$445/sqft
    Source: ARMLS #6985765 Report a problem
    4/16/2020Sold$625,000+4.2%$200/sqft
    Source: ARMLS #6044905 Report a problem
    3/3/2020Listed for sale$600,000+215.8%$192/sqft
    Source: Keller Williams Realty Sonoran Living #6044905 Report a problem
    4/20/1994Sold$190,000$61/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,799 +4%$69,600 +1%
    2024$2,691 -0.9%$68,910 +102.7%
    2023$2,714 +2.5%$33,990 -20.6%
    2022$2,649 -3.9%$42,820 +1.1%
    2021$2,755 +8.8%$42,350 +2.6%
    2020$2,532 +3.2%$41,280 +5.2%
    2019$2,454 $39,230 +4.6%
    2018$2,454 +3.6%$37,510 +7.4%
    2017$2,368 +6.1%$34,930 +4.6%
    2016$2,233 -1.9%$33,380 +8.5%
    2015$2,275 $30,760 +40.4%
    2014-- $21,910 +2.3%
    2013-- $21,410 -2.3%
    2012-- $21,920 -8%
    2011-- $23,820 -14.2%
    2010-- $27,760 -25.4%
    2009-- $37,230 -13%
    2008-- $42,800 +8.8%
    2007-- $39,350 +71.8%
    2006-- $22,900
    2005-- $22,900 +11.4%
    2004-- $20,550
    2003-- $20,550 +12.6%
    2002-- $18,250
    Find assessor info on the county website

    Neighborhood: Circle G Ranches

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Neely Traditional Academy
    • Middle: Greenfield Junior High 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
    $1,149,800
    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
    $1,149,800