Sold
Last Sold Price
3 beds3 baths1,456 sqft
527 E Ray Rd, Gilbert, AZ 85295
Single FamilyProperty Type
4.12 acresLot Size
1972Year Built
$1,511/sq ftPrice per sq ft
4 carsParking Spaces

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...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.
  • Listed by: Lindsay A Mozena 480.266.7656 lindsay@vistagroup.us Brokerage DRE #CO578024006 • Realty ONE Group
  • Listed by: Connor David 480.534.0882 connordavid021@gmail.com Brokerage DRE #CO578024006 • Realty ONE Group
Listing closed: 09/28/2023 12:00 AM • Source: ARMLS, MLS#: 6545754

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Location

Listing Courtesy of Realty ONE Group

Sold By HomeSmart

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Payment Calculator

$11,947 per month

30 year fixed, 7.03% Interest

Principal and Interest

$11,745

Property Taxes

$202

HOA Dues

$0

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Property Information for 527 East Ray Road

Property Details
  • Taxes: $2,424 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Ranch
  • Subdivision Name: Tierra Madre
  • View YN: Yes
Building Information
  • Stories: 1
  • Year Built: 1972
  • Lot Size: 4.12 AC / 179,613 SF
Summary
Location and General Information
  • Unparsed Address: 527 E Ray Road, Gilbert, AZ 85296
  • City: Gilbert
  • Coordinates: -111.779176, 33.320238
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: Lindsay & Ray Rd
  • Directions: West on Ray to the property. The property is on the south side of Ray.
  • Latitude: 33.320238
  • Longitude: -111.779176
  • Map Coordinate: T40
  • Postal City: Gilbert
  • Postal Code: 85296
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,972
Taxes and HOA
  • Association Amenities: None
  • Association Fee Includes: No Fees
  • Association YN: No
  • Tax Annual Amount: $2,424.00
  • Tax Book Number: 304.00
  • Tax Lot: 21
  • Tax Map Number: 43.00
  • Tax Parcel Letter: B
  • Tax Year: 2,022
Parking
  • Carport Spaces: 2
  • Carport YN: Yes
  • Covered Spaces: 4
  • Garage Spaces: 2
  • Garage YN: Yes
  • Open Parking Spaces: 0
School Information
  • Elementary School: Ashland Elementary
  • High School: Mesquite High School
  • Middle Or Junior School: South Valley Jr. High
Property
Lot Information
  • Building Area Total: 1,456
  • Building Area Units: Square Feet
  • Living Area: 1456.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Lot Features: Natural Desert Back, Natural Desert Front, Irrigation Front, Irrigation Back
  • Lot Size Acres: 4.12
  • Lot Size Area: 179613.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 179613.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Builder Name: Unknown
  • Building Area Source: Assessor
  • Disclosures: Seller Discl Avail
  • Documents Change Timestamp: 04-18-2023 03:17:38 PM
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 30443097B
  • Property Attached YN: No
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
Utilities
  • Electric On Property YN: Yes
  • Sewer: Septic Tank
  • Water Source: City Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Painted, Block
  • Fencing: Partial, Wire
  • Horse YN: Yes
  • Pool Features: None
  • Roof: Composition, Built-Up
  • Stories Total: 1
Interior Features
  • Bathrooms Total Decimal: 2.5
  • Kitchensp Featuresco Disposal2: Yes
  • Bathrooms Total Integer: 3
  • Bedrooms Possible: 3
  • Bedrooms Total: 3
  • Cooling: Evaporative Cooling
  • Cooling YN: Yes
  • Fireplace Features: 1 Fireplace
  • Fireplace YN: Yes
  • Heating: Electric
  • Heating YN: Yes
  • Interior Features: 3/4 Bath Master Bdrm, Laminate Counters
  • Laundry Features: Wshr/Dry HookUp Only
  • Spa Features: None
  • Number of Interior Levels: 1.0
Room Information
Room Information
  • Rooms Total: 0
Rental
Rent Information
  • Land Lease YN: No

Property History for 527 East Ray Road

DateEvent & SourcePriceAppreciation
Sep 28, 2023

Sold

ARMLS #6545754

$2,200,000—
Sep 26, 2023

Sold (Public Record)

Public Record #1519055797

$2,200,000—
Jun 1, 2023

Pending

ARMLS #6545754

—
DateEvent & SourcePrice
09/28/2023

Sold

ARMLS #6545754

$2,200,000
09/26/2023

Sold (Public Record)

Public Record #1519055797

$2,200,000
06/01/2023

Pending

ARMLS #6545754

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 527 East Ray Road

Taxable ValueLand-Additions-Total-
Tax Record2025$7,917 ($660 / month)
Home Facts
Beds0Total Finished SqFt1,456 SqFtAbove Grade Finished SqFt1,456 SqFtStories1Lot Size179,598 SqFtStyleResidentialYear Built1972ZoningSF-43CountyMARICOPAAPN304-43-097B

Schools near 527 East Ray Road

This home is within Gilbert Unified District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 8 to 12
Public - 7 to 12
Rating
School
Distance
Ashland Elementary School
PublicPK to 6

South Valley Jr. High School
Public7 to 8

Campo Verde High School
Public8 to 12

Gilbert Classical Academy High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Realty ONE Group

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively 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. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.