4886 S Greenfield Rd Gilbert, AZ 85298
South Gilbert NeighborhoodEstimated payment $18,923/month
Highlights
- Horses Allowed On Property
- 5.07 Acre Lot
- Rectangular Lot
- Willie & Coy Payne Jr. High School Rated A
- No HOA
- Partially Fenced Property
About This Lot
Calling all builders, developers, and those seeking room to create their dream estate! This exceptional 5-acre parcel is one of the few remaining large lots along the highly sought-after Greenfield Road corridor. Ideally located just minutes from SanTan Village, with convenient access to Costco and the Loop 202, this property offers both space and proximity to top-tier amenities. Surrounded by strong comparables, with 3⁄4-acre lots approximately one mile north selling for over $1,000,000 and 1⁄2-acre lots nearby listed up to $2,000,000, this parcel presents a compelling investment opportunity. The Town of Gilbert may allow for flexible lot division, offering multiple development possibilities. With potential for increased density (subject to approval), this site is well-positioned for tho looking to maximize value and achieve its highest and best use.
Currently, there are no other 5-acre parcels available in Gilbert on the MLS--making this a rare and prime opportunity for a luxury estate, family compound, or a thoughtfully designed residential development.
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,280
Lot Details
- 5.07 Acre Lot
- Partially Fenced Property
- Block Wall Fence
- Wire Fence
- Rectangular Lot
- Property is zoned SF-43, SF-35,
Horse Facilities and Amenities
- Horses Allowed On Property
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 304-71-044-F
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,280 | $89,381 | -- | -- |
| 2024 | $9,188 | $86,129 | -- | -- |
| 2023 | $9,188 | $232,345 | $206,794 | $25,551 |
| 2022 | $9,060 | $128,986 | $105,116 | $23,870 |
| 2021 | $6,956 | $100,110 | $100,110 | $0 |
| 2020 | $6,886 | $94,530 | $94,530 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/04/2026 04/04/26 | For Sale | $3,400,000 | +91.2% | -- | |
| 05/30/2019 05/30/19 | Sold | $1,778,430 | -13.2% | -- | View Prior Sale |
| 02/25/2019 02/25/19 | Price Changed | $2,050,000 | -35.0% | -- | |
| 12/04/2018 12/04/18 | For Sale | $3,155,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,750,000 | First American Title Insurance | |
| Warranty Deed | $1,750,000 | Old Republic Title Agency | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $1,766,150 | Clear Title Agency Of Az | |
| Warranty Deed | $2,550,000 | Clear Title Agency Of Arizon | |
| Warranty Deed | $300,000 | Security Title Agency Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,000,000 | Purchase Money Mortgage | |
| Previous Owner | $1,530,000 | Purchase Money Mortgage |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7009084
APN: 304-71-044F
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.