$4,500,000
1187 S VAL VISTA Drive
Gilbert, AZ 85296
MLS# 6962905
Status: Pending
4 beds  |  3 baths
Overhead 1
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Overhead 1 Overhead 2 Overhead 3 Overhead 4 Overhead 5 Overhead 6 Parcel Viewer

Property 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.

Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $4,500,000
Status: Pending
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
Country: US
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
Status Change Info
Off Market Date: 2026-04-21
Under Contract Date: 2026-04-08
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
IDX
Listing Office: Mesa Verde Real Estate

Last Updated: April - 21 - 2026

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