For more information regarding the value of a property, please contact us for a free consultation.
527 E Ray Road Gilbert, AZ 85296
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $2,200,000
Property Type Single Family Home
Sub Type Single Family - Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,456 sqft
Price per Sqft $1,510
Subdivision Tierra Madre
MLS Listing ID 6545754
Style Ranch
Bedrooms 3
Year Built 1972
Annual Tax Amount $2,424
Tax Year 2022
Lot Size 4.123 Acres
Property Description
AMAZING AND RARE INVESTMENT OPPORTUNITY in the HEART of GILBERT! Surrounded by city amenities and breathtaking mountain views, the land can be subdivided into 4, 1+ acre lots or left as is to build your dream estate and horse stables. With NO HOA, and residential zoning, the space is yours to develop as you desire. Located just minutes from downtown Gilbert and the San Tan Mall, Main Event, Top Golf -- PLUS all of the outdoor dining and shopping experiences the San Tan Village community offers!
Tenants are currently in place until March 2026.
Location
State AZ
County Maricopa
Community Tierra Madre
Interior
Heating Electric
Cooling Evaporative Cooling
Fireplaces Type 1 Fireplace
Laundry Wshr/Dry HookUp Only
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence Partial, Wire
Pool None
Utilities Available SRP
Amenities Available None
Roof Type Composition,Built-Up
Building
Lot Description Natural Desert Back, Natural Desert Front, Irrigation Front, Irrigation Back
Story 1
Builder Name Unknown
Sewer Septic Tank
Water City Water
New Construction No
Schools
Elementary Schools Ashland Elementary
Middle Schools South Valley Jr. High
High Schools Mesquite High School
School District Higley Unified District
Others
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Read Less
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with HomeSmart