527 Ray Road EGilbert, AZ 85296
Beds3
Baths3
SqFt
1,456
$2,200,000
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.Property Details for 527 Ray Road E
StatusClosed
Sold Date9/28/2023
Bedrooms3
Bathrooms3
SqFt
1,456
Acres
4.120
CountyMaricopa
SubdivisionTierra Madre
Year Built1972
Property TypeResidential
Property Sub TypeSingle Family - Detached
Primary Features
County
Maricopa
Property Sub Type
Single Family - Detached
Property Type
Residential
Subdivision
Tierra Madre
Year Built
1972
Interior
Basement
no
Bathrooms Total Decimal
2.5
Bedrooms Possible
3
Cooling
Evaporative Cooling
Fireplace
yes
Fireplace Features
1 Fireplace
General Property Description # of Interior Levels
1
General Property Description Approx SqFt
1456
Heating
Electric
Interior Features
3/4 Bath Master Bdrm, Laminate Counters
Laundry Features
Wshr/Dry HookUp Only
Living Area Source
County Assessor
Spa Features
None
Stories Total
1
External
Architectural Style
Ranch
Carport Spaces
2
Construction Materials
Painted, Block
Covered Spaces
4
Fencing
Partial, Wire
Garage Spaces
2
General Property Description Approx Lot Acres
4.123
General Property Description Approx Lot SqFt
179613
General Property Description Dwelling Styles
Detached
General Property Description Horses
Y
General Property Description Pool
None
Horse
yes
Lot Features
Natural Desert Back, Natural Desert Front, Irrigation Front, Irrigation Back
Lot Size Area
179613
Lot Size Source
Assessor
Lot Size Square Feet
179613
Lot Size Units
Square Feet
New Construction
no
Pool Features
None
Pool Private
no
Property Attached
no
Property Condition
Fixer
Roof
Composition, Built-Up
Sewer
Septic Tank
Location
Association
no
Building Area Source
Assessor
Country
US
Directions
West on Ray to the property. The property is on the south side of Ray.
Elementary School
Ashland Elementary
Elementary School District
Higley Unified District
General Property Description Elementary School
Ashland Elementary
General Property Description Elementary School District2
Higley Unified District
General Property Description High School
Mesquite High School
General Property Description High School District
Higley Unified District
General Property Description Jr High School
South Valley Jr. High
High School
Mesquite High School
High School District
Higley Unified District
Middle Or Junior School
South Valley Jr. High
Postal City
Gilbert
Water Source
City Water
Financial
Association Fee Includes
No Fees
Disclosures
Seller Discl Avail
General Property Description Price SqFt
1510.99
Land Lease
no
Listing Terms
Cash, Conventional, 1031 Exchange, FHA
Possession
Close Of Escrow
Special Listing Conditions
N/A
Tax Annual Amount
2424
Tax Book Number
304.00
Tax Lot
21
Tax Map Number
43.00
Tax Year
2022
Additional
Builder Name
Unknown
Buyer Agency Compensation
2.00
General Property Description Builder Name
Unknown
General Property Description Lead Based Hazard Disclosure
Yes
Mls Status
Closed
Zoning Info
Local Information
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