527 E Ray Road Gilbert, 85296

Bedrooms:
3
Bathrooms:
2.5
Square Feet:
1,456 sqft
Price $2,750,000 .00
Approx /month
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Sale Price:
$2,750,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$2,424
Insurance: (year)
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Virtual Tour of 527 E Ray Road , Gilbert 85296

Property 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.

General Information

Price:
$2,750,000
Status:
Active
Listing Updated:
9/21/2023
List Date:
4/18/2023
Close Date
0000-00-00
Square Feet:
1,456
Bedrooms:
3
Bathrooms:
2.5
Garage Spaces:
2.00
Year Built:
1972
Builder Name:
Unknown
Subdivision:
Tierra Madre
City:
Gilbert
Zip:
85296
County:
Maricopa
HOA Y/N:
N
HOA Fee:
$0
HOA Paid Frequency:
HOA Transfer Fee:
0.00
Taxes:
$2,424
Tax Year:
2022
MLS ID:
6545754
Listing Attribution:
Realty ONE Group
Buyer Agency Compensation:
2.00%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Property Features

Interior Features:
Fix-Up Needs Repair
Exterior Features:
Kitchen Features:
Disposal, Laminate Counters
Dining Area:
Dining in FR
Master Bath Features:
3/4 Bath Master Bdrm
Flooring:
Laundry:
Wshr/Dry HookUp Only
Technology:
Fireplace Features:
1 Fireplace
Cooling:
Evaporative Cooling
Heating:
Electric
Utilities:
SRP
Pool:
No Pool
Spa:
None
Construction Finish:
Block
Roofing:
Built-Up, Comp Shingle
Water:
City Water
Sewage:
Septic Tank
Fencing:
Partial,Wire

School Information

School District:
Higley Unified District
High School:
Mesquite High School
Middle School:
South Valley Jr. High
Elementary School:
Ashland Elementary

Community Information

Subdivision:
Tierra Madre

Lot Information

Lot Size (sq feet):
179,613
Property Description:
Landscaping:
Irrigation Back, Irrigation Front, Natural Desert Back, Natural Desert Front
Fencing:
Partial,Wire

Room Information

Other Rooms:

Location Information

Directions:
West on Ray to the property. The property is on the south side of Ray.
Cross Street:
Lindsay & Ray Rd
Map:
View on Map