OFF MARKET

Off Market Sep 2023 for $2.2M

$1,863,729

•

2.5 ba

•

1,456

sq ft

527 E Ray Rd, Gilbert, AZ 85296

About this home

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.

Single-familyProperty Type

1972Year Built

4.12 acresLot Size

$1,280Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Lindsay Mozena • Realty ONE Group

Listed by Connor David • Realty ONE Group

Bought with Dominick Montano • HomeSmart

Redfin checked: 3 minutes ago

•Source:ARMLS #6545754

Redfin Estimate

$1,863,729

$336K since sold in September 2023$3,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 164.4% higher than the average sale price ($705K) of 6 comparable homes.

SOLD APR 16, 2026
$900,000
A
3 beds3 baths1,640 sq ft
13839 E Morgan Dr, Gilbert, AZ 85295
SOLD JUN 26, 2026
$1,251,450
B
3 beds2 baths2,409 sq ft
332 E Harrison St, Gilbert, AZ 85295
SOLD AUG 6, 2026
$520,000
C
3 beds2 baths2,036 sq ft
1034 E Bart St, Gilbert, AZ 85295
SOLD AUG 7, 2026
$557,500
D
3 beds2 baths1,729 sq ft
1151 E Pony Ln, Gilbert, AZ 85295
SOLD JUN 16, 2026
$640,000
E
3 beds2 baths2,691 sq ft
1182 E Harrison St, Gilbert, AZ 85295
SOLD JUN 2, 2026
$360,000
F
3 beds2.5 baths1,262 sq ft
1456 S Boulder St Unit B, Gilbert, AZ 85296

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Earn from this home

Sell

$87,666

Est. take-home

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Rent

$2,606/mo

Redfin rental estimate

List your home for rent

Market trends in 85295, AZ

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.7%

+0.2% MoM

Median sale price

$527K

$381 MoM

Avg. days on market

45d

2 days MoM

Recently sold homes

183

5 MoM

New listings for sale

NEW 18 MINS AGO
$515,000
3 beds2 baths1,358 sq ft
1253 S Colonial Dr, Gilbert, AZ 85296
NEW 5 HRS AGO
$425,000
2 beds2 baths1,281 sq ft
1531 E Black Diamond Dr, Gilbert, AZ 85296
OPEN SAT, 1PM TO 3PM
$530,000
3 beds2.5 baths2,041 sq ft
1137 S Hazel St, Gilbert, AZ 85296
3D WALKTHROUGH
$439,000
3 beds2.5 baths1,816 sq ft
1307 S Joshua Tree Ln, Gilbert, AZ 85296
NEW 23 HRS AGO
$635,000
4 beds3 baths2,538 sq ft
3451 E Amber Ln, Gilbert, AZ 85296
NEW 30 HRS AGO
$515,000
4 beds2 baths1,642 sq ft
434 S Tanina St, Gilbert, AZ 85296
NEW 33 HRS AGO
$675,000
3 beds2 baths1,939 sq ft
3047 E Austin Dr, Gilbert, AZ 85296
$1,285,000
5 beds3.5 baths4,217 sq ft
1386 S Pecan St, Gilbert, AZ 85296
3D WALKTHROUGH
$1,800,000
5 beds4.5 baths3,757 sq ft
3862 E Bloomfield Pkwy, Gilbert, AZ 85296
FOR SALE BY OWNER
$569,995
5 beds3 baths2,400 sq ft
620 E Appaloosa Rd, Gilbert, AZ 85296
See all

Provided by Redfin

Sale history for 527 E Ray Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,917 (+219.3%)

2024

$2,479 (−0.5%)

2023

$2,492 (+2.8%)

2022

$2,424 (−3.3%)

$8,630 + $34,530

$43,160

2021

$2,507 (+1.5%)

$7,140 + $28,590

$35,730

2020

$2,470 (+7.6%)

$7,410 + $29,640

$37,050

2019

$2,294 (+2.8%)

$5,800 + $23,230

$29,030

2018

$2,231 (+3.4%)

$5,800 + $23,230

$29,030

2017

$2,158 (−2.4%)

$5,430 + $21,720

$27,150

2016

$2,212 (+9.6%)

$5,410 + $21,650

$27,060

2015

$2,018 (−3.7%)

$4,980 + $19,950

$24,930

2014

$2,096 (+14.1%)

$3,670 + $14,700

$18,370

2013

$1,837 (−8.5%)

$3,010 + $12,060

$15,070

2012

$2,007 (+7.6%)

$3,340 + $13,390

$16,730

2011

$1,865 (−6.3%)

$3,830 + $15,350

$19,180

2010

$1,989

$4,350 + $17,400

$21,750

2009

Tax history for 527 E Ray Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,917 (+219.3%)

2024

$2,479 (−0.5%)

2023

$2,492 (+2.8%)

2022

$2,424 (−3.3%)

$8,630 + $34,530

$43,160

2021

$2,507 (+1.5%)

$7,140 + $28,590

$35,730

2020

$2,470 (+7.6%)

$7,410 + $29,640

$37,050

2019

$2,294 (+2.8%)

$5,800 + $23,230

$29,030

2018

$2,231 (+3.4%)

$5,800 + $23,230

$29,030

2017

$2,158 (−2.4%)

$5,430 + $21,720

$27,150

2016

$2,212 (+9.6%)

$5,410 + $21,650

$27,060

2015

$2,018 (−3.7%)

$4,980 + $19,950

$24,930

2014

$2,096 (+14.1%)

$3,670 + $14,700

$18,370

2013

$1,837 (−8.5%)

$3,010 + $12,060

$15,070

2012

$2,007 (+7.6%)

$3,340 + $13,390

$16,730

2011

$1,865 (−6.3%)

$3,830 + $15,350

$19,180

2010

$1,989

$4,350 + $17,400

$21,750

2009

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4.12 Acres

Year renovated

—

Sq. Ft.

1,456

Year built

1972

Style

Other

County

Maricopa County

APN

30443097B

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 7, 2026.

SF-43

Single Family-43 District

Single Family–43 is a large lot zoning district that permits up to 1 primary dwelling unit per acre. The rural character is accentuated by custom homes, farm buildings, livestock and crops. The large lots are typically flood irrigated and may have septic systems.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Infrastructure
Office
Fire house
Police station
Golf related
Agriculture-Cropland

Property details

Parking

Parking Information
Covered Spaces: 4

Garage Information
Garage Spaces: 2
Carport Spaces: 2

Interior

Kitchen Information
Laminate Counters: Yes

Bathroom Information
Bathrooms (Total Decimal): 2.5
Bathrooms (Total Integer): 3

Bedroom Information
Bedrooms (Possible): 3

Heating & Cooling
Has Heating
Cooling: Evaporative Cooling
Has Cooling
Heating: Electric

Interior Features
Interior Features: 3/4 Bath Master Bdrm, Laminate Counters
Fireplace Features: 1 Fireplace
Has Fireplace
LaundryFeatures: Wshr/Dry HookUp Only

Exterior

Exterior Features
Construction Materials: Painted, Block
Horses Allowed
Fencing: Partial, Wire
Roof: Composition, Built-Up

Property Information
Ownership: Fee Simple
Property Sub Type: Single Family Residence
Property Condition: Fixer

Lot Information
Lot Size Area: 179,613
Lot Size Source: Assessor
Lot Features: Natural Desert Back, Natural Desert Front, Irrigation Front, Irrigation Back

Building Information
Building Area Source: Assessor

Financial

Tax Information
Tax Annual Amount: $2,424
Tax Year: 2022

Location

HOA Information
Association Fee Includes: No Fees

School Information
Middle Or Junior School: South Valley Jr. High
High School: Mesquite High School
Elementary School: Ashland Elementary

Location Information
Directions: West on Ray to the property. The property is on the south side of Ray.

Utility Information
Sewer: Septic Tank

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 1,456
Stories: 1.0
Lot Size: 4.12 acres
Style: Other
Year Built: 1972
Year Renovated: —
County: Maricopa County
APN: 30443097B

Home facts updated by county records on Jul 7, 2026

Other

Listing Information
Water Source: City Water

Around this home

Schools

Ashland Elementary School

Public PreK-6 • Assigned • 1.0mi

8/10

South Valley Jr. High School

Public 7-8 • Assigned • 0.6mi

8/10

Campo Verde High School

Public 8-12 • Assigned • 2.9mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 18-26% chance of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.46% chance of being in a wildfire in next 30 years

9/10 Heat Factor

7 days above 111° expected this year, 19 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Gilbert, AZ • 85296

Average low and high temperatures (°F)

106

107

102

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$1.77M – $2.14M

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Nearby similar homes

NEW 18 MINS AGO

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3 beds2 baths1,358 sq ft

1253 S Colonial Dr, Gilbert, AZ 85296

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1371 E Jasper Dr, Gilbert, AZ 85296

3D WALKTHROUGH

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984 S Western Skies Dr, Gilbert, AZ 85296

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NEW CONSTRUCTION

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Listing provided by Zillow

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New listings for sale in 85296

NEW 18 MINS AGO

$515,000

3 beds2 baths1,358 sq ft

1253 S Colonial Dr, Gilbert, AZ 85296

NEW 5 HRS AGO

$425,000

2 beds2 baths1,281 sq ft

1531 E Black Diamond Dr, Gilbert, AZ 85296

OPEN SAT, 1PM TO 3PM

$530,000

3 beds2.5 baths2,041 sq ft

1137 S Hazel St, Gilbert, AZ 85296

3D WALKTHROUGH

$439,000

3 beds2.5 baths1,816 sq ft

1307 S Joshua Tree Ln, Gilbert, AZ 85296

NEW 23 HRS AGO3D WALKTHROUGH

$635,000

4 beds3 baths2,538 sq ft

3451 E Amber Ln, Gilbert, AZ 85296

NEW 30 HRS AGO

$515,000

4 beds2 baths1,642 sq ft

434 S Tanina St, Gilbert, AZ 85296

NEW 33 HRS AGO

$675,000

3 beds2 baths1,939 sq ft

3047 E Austin Dr, Gilbert, AZ 85296

$1,285,000

5 beds3.5 baths4,217 sq ft

1386 S Pecan St, Gilbert, AZ 85296

3D WALKTHROUGH

$1,800,000

5 beds4.5 baths3,757 sq ft

3862 E Bloomfield Pkwy, Gilbert, AZ 85296

Home values near 527 E Ray Rd

Data from public records.

Address	Redfin Estimate
13109 E Ray Road, Gilbert, AZ - Beds \| 2 Baths \| 3024 Sq. Ft.	$696,450
465 E Ray Road, Gilbert, AZ 1 Beds \| 1 Baths \| 2440 Sq. Ft.	$554,099

Address	Redfin Estimate
460 E Ray Road, Gilbert, AZ - Beds \| 2 Baths \| 1568 Sq. Ft.	$712,240
1689 S 140th Place, Gilbert, AZ - Beds \| 3 Baths \| 2411 Sq. Ft.	$949,672

Address	Redfin Estimate
577 E Ray Road, Gilbert, AZ 6 Beds \| 3 Baths \| 2973 Sq. Ft.	$1,584,188
521 E Constitution Drive, Gilbert, AZ - Beds \| 4 Baths \| 3113 Sq. Ft.	$779,080

Property information provided by ARMLS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 85295, AZ

Sale history for 527 E Ray Rd

Tax history for 527 E Ray Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 85296

Home values near 527 E Ray Rd

More real estate resources