1187 S VAL VISTA Drive, Gilbert, AZ 85296
$4,500,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,685 Lot Size (sq. ft.): 212,594 Status: Active
Current Price: $4,500,000 Last Modified: 1/03/2026
Description
Rare Acreage in Gilbert. Nearly 5 acres. Existing home is approximately 2700 sqft. Or build your own dream home in the heart of Gilbert on this irrigated horse property. Looking for an investment property - Many Development Opportunities are available on these 3 parcels currently zoned R43. Adjoining nearly 5 acre parcel may also be available for those seeking larger acreage. Don't miss this rare opportunity to live on or develop roughly 5-10 acres in a highly desired Gilbert location - just 1.5 miles to Loop 202 or 4 miles to US 60.
More Information MLS# 6962905
Contract Information
Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $4,500,000 Status: Active Current Price: $4,500,000 List Date: 2026-01-02
Location, Tax & Legal
Assessor's Map #: 26 Legal Description (Abbrev): TH PT S 5 AC OF NW4 LY S & W OF S P CO DAF BEG AT PT ON S LN NW4 240' E OF W4 COR SEC TH E 260' Assessor's Parcel #: 14 Assessor Parcel Ltr: H Tax Municipality: Gilbert Taxes: 3133.28 House Number: 1187 Compass: S Street Name: VAL VISTA St Suffix: Drive City/Town Code: Gilbert State/Province: AZ Zip Code: 85296 Zip4: 3702 County Code: Maricopa Assessor Number: 304-26-014-H Subdivision: N/A Tax Year: 2024
General Property Description
Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 2 Half Bathrooms: 1 Approx SQFT: 2685 Price/SqFt: 1675.98 Approx Lot SqFt: 212594 Approx Lot Acres: 4.88 Horses: Y Builder Name: UNK Lead Based Hazard Disclosure: Yes Elementary School District: Gilbert Unified District High School District: Gilbert Unified District Elementary School: Finley Farms Elementary Jr. High School: Greenfield Junior High School High School: Gilbert High School Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 4 Total Bathrooms: 3 Year Built: 1964
Legal Info
Range: 6E Section: 21 Township: 1S Lot Number: 304-26-014H
Special Listing Cond
N/A: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Association & Fees
HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Architecture
Ranch: 1
Master Bathroom
Full Bth Master Bdrm: 1
Flooring
Carpet: 1 Vinyl: 1
Community Features
Horse Facility: 1
Dining Area
Eat-in Kitchen: 1
Heating
Electric: 1
Kitchen Features
Dishwasher: 1 Laminate Counters: 1 Electric Cooktop: 1
Cooling
Central Air: 1
Laundry
Inside: 1
Basement
Basement Y/N: N
Other Rooms
Family Room: 1 Great Room: 1 Bonus/Game Room: 1
Separate Den/Office
Sep Den/Office Y/N: Y
Fencing
Other: 1
Water Source
City Water: 1
Exterior Features
Covered Patio(s): 1
Spa
None: 1
Sewer
Septic-In & Connected: 1
Parking Spaces
Slab Parking Spaces: 2 Total Covered Spaces: 2 Carport Spaces: 2
Irrigation
Flood: 1
New Financing
Cash: 1 VA: 1 Conventional: 1 FHA: 1 1031 Exchange: 1
Plumbing
Electric Hot Wtr Htr: 1
Utilities
SRP: 1
Existing 1st Loan
Treat as Free&Clear: 1
Landscaping
Irrigation Back: 1
Horse Features
Corral(s): 1 Stall: 1 Arena: 1
Disclosures
None: 1
Possession
Close of Escrow: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
Not Managed: 1
Remarks Misc
Cross Street: Val Vista b/t Warner & Ray Directions: Val Vista b/t Warner & Ray Directions:
North on Val Vista from Ray approximately 1/2 mile. Immediately North of E Knox Rd on East side of Val Vista. Geo Lat: 33.32868 Geo Lon: -111.754432
Property Features
Special Listing Cond: N/A Architecture: Ranch Master Bathroom: Full Bth Master Bdrm Flooring: Carpet; Vinyl Spa: None Community Features: Horse Facility Dining Area: Eat-in Kitchen Kitchen Features: Electric Cooktop; Dishwasher; Laminate Counters Laundry: Inside Other Rooms: Family Room; Great Room; Bonus/Game Room Exterior Features: Covered Patio(s) Construction: Block Const - Finish: Painted Roofing: Composition Cooling: Central Air Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Irrigation: Flood Sewer: Septic-In & Connected Fencing: Other Landscaping: Irrigation Back Horse Features: Corral(s); Stall; Arena Lockbox Type: None Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Disclosures: None
Listing Office: Mesa Verde Real Estate
Last Updated: January - 03 - 2026
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