4481 E Lantern Place

Gilbert, AZ
$ 724,900 Beds 4 Baths 2.5 Sq 3,353 Virtual Tour
Monthly Estimate* How much can I afford?

Stunning Gilbert home offering stylish interior finishes and an exceptional backyard retreat! The beautifully appointed kitchen features custom cabinetry, granite countertops, and a large center island, creating a perfect blend of function and style. The inviting interior offers a spacious layout with quality finishes and comfortable living spaces designed for both everyday living and entertaining. Step outside to an impressive backyard featuring a large PebbleTec pool with raised spa and pergola, creating an ideal setting for relaxing and enjoying Arizona's year-round sunshine. Located in desirable Gilbert near shopping, dining, parks, schools, and convenient freeway access, this home delivers the perfect combination of upgraded living spaces and resort-style outdoor living.

Active

  • Price
  • $ 724,900
  • City
  • Gilbert
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • MARICOPA
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 0.2 Acres
  • Zip
  • 85297
  • Sqr Footage
  • 3,353
  • Year Built
  • 2002
  • Taxes
  • $ 2287
  • Style
  • Residential
  • MLS#
  • 7074329
Listed By: Rio Salado Realty, LLC; 480-452-5978
Data Source: Arizona Regional MLS (ARMLSN)

Features

General

Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities SRP
Possession Close Of Escrow
Roof Tile
HOA Fee 402.0
Garage Spaces 3.0
Association Fee Includes Maintenance Grounds
Pool Features Outdoor,Heated
Construction Materials Stucco,Wood Frame
Year Built 2002
Township 2S
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Pool,Pickleball,Lake,Community Spa,Tennis Court(s),Playground,Biking/Walking Path,Fitness Center
Assoc Fee Paid Per Quarterly
County Maricopa
New Construction No
Property Type Residential
HOA Yes
Subdivision Name POWER RANCH NEIGHBORHOOD 3
Other Structures Gazebo
Special Listing Conditions N/A
Status Active
Directions West on Queen Creek Road,North on Ranch House PKWY,East on Branded,North on Desperado,West on Lantern
High School Higley High School
City Gilbert
Disclosures Agency Discl Req
Association Name Power Ranch
High School District Higley Unified School District
Open Parking Spaces 3.0
Lot Size Units Square Feet
Lot Size Square Feet 8624.0
Carport Spaces 0.0
Carport Y/N No
Spa Features Heated,Private
Elementary School Power Ranch Elementary
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2287.0
Home Warranty Y/N No
Middle/Junior High School Power Ranch Elementary
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Builder Name William Lyons Homes
Standard Status Active
Occupancy Type Vacant
Elementary School District Higley Unified School District
Tax Lot 74
MobileHomeRemainsYN No
New Financing: Conventional True
Senior Community No
New Financing: FHA True
Ttl Monthly Fee Equiv 134.0
New Financing Cash True
New Financing: VA True

Interior Features

Interior Amenities Double Vanity,Full Bth Master Bdrm,Separate Shwr & Tub
Flooring Carpet,Tile
Fireplace Features Fire Pit,Gas
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Dual Pane
Fireplace Y/N Yes
Laundry Features Inside
Total Bedrooms 4
LivingAreaSource Assessor
Total Baths 3
Bedrooms Possible 6
Other_sp_Rooms_co_Great_sp_Room True
Other_sp_Rooms_co_Loft True
Built-in Microwave True

Exterior Features

Fencing Back Yard,Block
Lot Features Grass Front,Grass Back
Water Source Public
Lot Size Area 8624.0
Spa Yes
Lot Size Acres 0.2
Lot Size Source Assessor
Waterfront Y/N No
Covered Spaces 3.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Tempe, AZ office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Power Ranch Elementary
Middle School Power Ranch Elementary
High School Higley High School

Price History

9/2/2026 Listed $724,900

Property vs Zip Code Average in 85297

Price
AVG $1,000K
$720K
Taxes
AVG $2,776
$2,287
Year Built
AVG 2008
2002
Visits
AVG 236
82
Data Provided by Inside Real Estate®

4481 E Lantern Place Gilbert, AZ is a Single Family Home for sale at $724900 with 3353 sqft and a lot size of 0.2 Acres Acre(s). 4481 E Lantern Place Gilbert has 4 bedrooms, 2 baths and was built in 2002. The property's zip code is 85297 which is in Gilbert, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.