$850,000
Gilbert, AZ 85297
MLS# 7050731
6 beds | 4 baths
1 / 4
Property Description
Rare opportunity to restore a former model home in a highly desirable neighborhood! Originally designed with extensive builder upgrades, this spacious home offers 6 bedrooms, an office, loft, media room, and an oversized lot backing to a greenbelt. The property sustained flood damage and is being sold strictly as-is, creating an outstanding opportunity for investors or buyers looking to renovate, customize, and build equity. The as-is appraised value is $850,000, while renovated comparable homes in the area have sold for approximately $1.2 million, highlighting the property's exceptional potential. Bring your vision and transform this home into something truly special. Buyer to verify all facts and conduct their own due diligence.
Details
Maps
Contract Information
List Price: $850,000
Status: Active
Current Price: $850,000
List Date: 2026-06-23
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 2907
Compass: E
Street Name: DERRINGER
St Suffix: Way
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85297
Zip4: 2134
Country: US
County Code: Maricopa
Assessor Number: 304-53-396
Subdivision: HIGLEY MANOR PHASE 1 AND 2
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 6
Full Bathrooms: 3
Half Bathrooms: 1
Total Bathrooms: 4
Approx SQFT: 5637
Price/SqFt: 150.79
Horses: N
Builder Name: Meritage
Year Built: 2012
Approx Lot SqFt: 12600
Approx Lot Acres: 0.289
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Higley Unified School District
High School District: Higley Unified School District
Elementary School: San Tan Elementary
Jr. High School: Sossaman Middle School
High School: Higley High School
Remarks Misc
Cross Street: Higley & Pecos
Geo Lat: 33.291397
Geo Lon: -111.727317
Legal Info
Township: 2S
Range: 6E
Section: 3
Lot Number: 25
Basement
Basement Y/N: N
Parking Spaces
Garage Spaces: 4
Total Covered Spaces: 4
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: Short Sale; Pre-Foreclosure
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room
Spa: None
Dining Area: Formal; Eat-in Kitchen; Breakfast Bar
Kitchen Features: Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Pantry; Walk-in Pantry; Granite Counters; Kitchen Island
Laundry: Washer Hookup; Inside
Other Rooms: Loft; Media Room
Interior Features: Fix-Up Needs Repair
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Tile
Cooling: Central Air
Heating: Electric
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Fencing: Block
Landscaping: Desert Front; Desert Back; Grass Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Possession: By Agreement
Association Fee Incl: Common Area Maint
Existing 1st Loan: Conventional
New Financing: Cash; Conventional
Disclosures: None
Listing Office: The Offer Company
Last Updated: July - 07 - 2026
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