Movoto Real Estate
Sold on 09/28/2023

527 E Ray Rd, Gilbert, AZ 85296

  • $2,200,000

    Last sold 09/28/2023 after 163 Days

  • 3

    bed

  • 3

    bath

  • 1,456

    Sqft ($1,511/Sqft)

House not for sale
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About 527 E Ray Rd

Property type House
Year built 1972
HOA fee $0/month
Lot size 4.12 Acre
Parking 2 garage spaces
Rental estimate
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.
Listed by
Listing Agent - Lindsay A Mozena
Listing Office - Realty ONE Group
Source: ARMLS mls logo
MLS#6545754 • last updated 10 months ago
Movoto checked ARMLS for data 3 minutes ago
Overview
Cooling/AC Evaporative Cooling
Heating Electric
Levels/Style Ranch, 1
MLS # 6545754
Type Residential
Status Closed
SubType Single Family Residence
SqFt 1456
Lot Size (Acres) 4.12
Lot Size (Sqft) 179613
Property Tax 2424
Condition Fixer
Builder Name Unknown
Year Built 1972
Interior
Total # of Bathrooms 3
Total # of Bedrooms 3
Laundry Wshr/Dry HookUp Only
Interior Features 3/4 Bath Master Bdrm, Laminate Counters
Exterior
Roof Composition, Built-Up
Construction Painted, Block
# of Garage Spaces 2
# of Carport Spaces 2
# of Covered Spaces 4
Fencing Partial, Wire
Lot Features Natural Desert Back, Natural Desert Front, Irrigation Front, Irrigation Back
Amenities / Utilities
Water Source City Water
Sewer/Septic Septic Tank
Spa None
HOA Fee Includes No Fees
Pool None
Location
Subdivision Tierra Madre
Elementary School Ashland Elementary
Middle School South Valley Jr. High
High School Mesquite High School
APN 304-43-097-B
Directions West On Ray To The Property. The Property Is On The South Side Of Ray.
We are not permitted to show value estimates for this property.
  • Sep 2023
    mls logo MLS # 6545754
  • Sep 28, 2023 Sold
    $2,200,000 (-20.0%)
  • Jun 3, 2023 Active
  • Apr 18, 2023 Listed
    $2,750,000
  • 527 E Ray Rd
    $2.2M
  • $629K
  • 85296
    $620K -3% y/y
  • Gilbert
    $649K +1% y/y
No chart available
Statistics calculated by Movoto

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8/10
7/10
7/10
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
  • Gilbert
  • 85296
  • 527 E Ray Rd
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