1246 E PENEDES Drive, Gilbert, AZ 85298
Property image
Property image
SOLD
JUL 28, 2026

1246 E PENEDES Drive
Gilbert, AZ 85298

  • 4 Beds
  • 3 Baths
  • 2,805 sqft

$940,000

Last Sold: Jul 28, 2026
7% below list $1.01M
$335/sqft
Est. Refi. Payment $5,189/mo*
Refinance Your Home

$940,000

Last Sold: Jul 28, 2026
7% below list $1.01M
$335/sqft
Est. Refi. Payment $5,189/mo*
Refinance Your Home
4 Beds
3 Baths
2,805 sqft

Home Value

Trulia Estimate
$940K
Since last month
Decreased$52K (-5.2%)
Since last year
Decreased$25K (-2.6%)
Since last sale
Increased$1K (+0.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -7% in the last 10 years
MonthEstimated value
2026
August 2026$941K
July 2026$993K
June 2026$992K
May 2026$973K
April 2026$960K
March 2026$972K
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1254 E PENEDES Drive, Gilbert, AZ
0.01
Single-Family Home
$914,000
02/25/26
4
3
2,805
1272 E PENEDES Drive, Gilbert, AZ
0.03
Single-Family Home
$840,000
07/06/26
4
3
2,805
1274 E PLUM Street, Gilbert, AZ
0.07
Single-Family Home
$979,000
05/18/26
4
3
2,805
1292 E PLUM Street, Gilbert, AZ
0.08
Single-Family Home
$1,028,199
03/30/26
4
3
2,805
1326 E NARROWLEAF Drive, Gilbert, AZ
0.24
Single-Family Home
$935,000
04/03/26
4
3
2,908
4422 E GRAND CANYON Drive, Chandler, AZ
0.19
Single-Family Home
$775,000
05/26/26
4
3
2,284
5737 S QUARTZ Street, Gilbert, AZ
0.23
Single-Family Home
$1,200,000
07/15/26
4
3
2,805
4321 E ZION Way, Chandler, AZ
0.24
Single-Family Home
$860,000
10/28/25
4
3
3,661

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1254 E PENEDES Drive, Gilbert, AZ 85298
0.01
$914,000
4
3
2,805
Recently Sold
1272 E PENEDES Drive, Gilbert, AZ 85298
0.03
$840,000
4
3
2,805
Recently Sold
1300 E PENEDES Drive, Gilbert, AZ 85298
0.07
$938,500
4
3
2,568
Off Market
1274 E PLUM Street, Gilbert, AZ 85298
0.07
$979,000
4
3
2,805
Recently Sold
1282 E PLUM Street, Gilbert, AZ 85298
0.08
$1,099,598
5
3.5
3,973
Recently Sold
1292 E PLUM Street, Gilbert, AZ 85298
0.08
$1,028,199
4
3
2,805
Recently Sold
1271 E PLUM Street, Gilbert, AZ 85298
0.10
$1,050,000
5
4.5
3,973
Recently Sold
4081 S TOPAZ Place, Chandler, AZ 85249
0.09
$783,200
4
3.5
3,036
Off Market
4111 S TOPAZ Place, Chandler, AZ 85249
0.11
$770,600
4
3.5
3,036
Off Market
1356 E PENEDES Court, Gilbert, AZ 85298
0.14
$1,136,000
4
3
2,804
Off Market
4436 E YELLOWSTONE Place, Chandler, AZ 85249
0.12
$762,700
4
3
2,284
Off Market

Local Information

  • Map ViewExplore the area around 1246 E PENEDES Drive.
  • Schools2 Preschool Schools1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2025
Living Area
2,805 sqft
Price/Sqft
$335/sqft
Parking
Garage
HOA
$175/Monthly

About this House

Beautiful, farmhouse-style home featuring 4 bedrooms, 3 bathrooms, a game room, and a 3-car garage. Accented with designer features and upgrades throughout. The kitchen includes an executive stainless steel gas appliance package, Bryant Maple white cabinetry with stacked uppers, and Quartz countertops with tile backsplash. Other interior features include wood-look flooring everywhere but the bedrooms, a frameless walk-in shower at the primary bath with custom tile work, and a 12' multi-panel sliding glass door at the great room. Exterior upgrades include a 8' double gate on the side of the home, a covered patio in the backyard, and pavers at the driveway, walkway, and front porch. Canastero at Waterson Central is an ideally located community with a pool, spa, clubhouse, and more!
1246 E PENEDES Drive, Gilbert, AZ 85298 is a 4 bedroom, 3 bathroom, 2,805 sqft single-family home built in 2025. It last sold for $940,000 on Jul 28, 2026 (7% below the $1,009,499 asking price). It is currently off market. The Trulia Estimate is $940,400, with a rent estimate of $3,584/month.
Last check for updates: about 3 hours ago
Listed by Craig Tucker, (480) 616-2986
Tri Pointe Homes Arizona Realty
Bought with: Charlene Bare, (480) 323-5791, HomeSmart
Source: ARMLS, MLS#6840231
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 1246 E PENEDES Drive

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2805 Square Feet
Appliances & Utilities
Appliances: Built-in Microwave, Dishwasher, Disposal, Gas CooktopDishwasherDisposalLaundry: Inside,Engy Star (See Rmks)
Heating & Cooling
Heating: ENERGY STAR Qualified Equipment,Natural GasHas CoolingAir Conditioning: HVAC SEER Rating,Central Air,ENERGY STAR Qualified Equipment,Programmable ThmstatHas HeatingHeating Fuel: ENERGY STAR Qualified Equipment
Fireplace & Spa
Spa: NoneNo Fireplace
Windows, Doors, Floors & Walls
Window: Low Emissivity Windows, Double Pane Windows, ENERGY STAR Qualified Windows, Vinyl FrameFlooring: Carpet, Tile
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Carpet, Tile

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: CoveredFencing: BlockExterior: Private Street(s), Private YardNo Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageParking Spaces: 3Parking: Tandem Garage,Direct Access
Pool
Pool: None
Frontage
Responsible for Road Maintenance: Private Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 448

Property Information

Year Built
Year Built: 2025
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: See Remarks
Building
Construction Materials: Stucco, Wood Frame, Low VOC Paint, Blown Cellulose, Painted, Ducts Professionally Air-SealedNot a New ConstructionNot Attached PropertyIncludes Home Warranty
Property Information
Condition: Complete Spec HomeUsage of Home: NoneParcel Number: 31331779Model Home Type: 4505 Elden C

Price & Status

Price
List Price: $1,009,499Price Per Sqft: $335/sqft
Status Change & Dates
Off Market Date: Mon Jun 15 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: GilbertCommunity: WATERSTON CENTRAL PHASE 2
School Information
Elementary School: Robert J.C. Rice Elementary SchoolElementary School District: Chandler Unified District #80Jr High / Middle School: Willie & Coy Payne Jr. HighHigh School: Basha High SchoolHigh School District: Chandler Unified District #80

Building

Building Details
Builder Name: Tri Pointe Homes
Building Area
Building Area: 2805 Square Feet

Community

Community Features: Pool, Gated, Community Spa, Community Spa Htd, Playground, Biking/Walking Path
Other
Playground

HOA

HOA Fee Includes: Maintenance GroundsHOA Name: Waterston CommunityHOA Phone: 602-437-4777Has an HOAHOA Fee: $175/Monthly

Lot Information

Lot Area: 8175 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Energy

Energy Efficiency Features: Fresh Air Mechanical, ENERGY STAR Light Fixture

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6840231

Additional Information

PoolGatedCommunity SpaCommunity Spa HtdPlaygroundBiking/Walking Path

Price and Tax history

DateEventPrice
Jul 28, 2026
Source: ARMLS #6840231
Sold
$940,000
Jun 15, 2026
Source: ARMLS #6840231
Pending
$1,009,499
Jan 23, 2026
Source: ARMLS #6840231
PriceChange
$1,009,499
Price increased by 1%
Oct 1, 2025
Source: ARMLS #6840231
PriceChange
$999,499
Price increased by 1%
Jun 17, 2025
Source: ARMLS #6840231
PriceChange
$994,499
Price decreased by 3%

Market trends in Gilbert

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$574K
$4.67KMoM
Sale-to-List Price
98.9%
Price per sq ft
$279
$0MoM
Available listings
1109
12MoM

Around this home

What Locals Say about Gilbert

At least 1898 Trulia users voted on each feature.

  • 93 % Say there are sidewalks

  • 93 % Say it's dog friendly

  • 89 % Say car is needed

  • 84 % Say people would walk alone at night

  • 82 % Say parking is easy

  • 81 % Say there's holiday spirit

  • 80 % Say streets are well-lit

  • 78 % Say kids play outside

  • 75 % Say it's quiet

  • 75 % Say yards are well-kept

  • 56 % Say neighbors are friendly

  • 53 % Say they plan to stay for at least 5 years

  • 48 % Say it's walkable to restaurants

  • 47 % Say it's walkable to grocery stores

  • 37 % Say there are community events

  • 28 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Beautiful scenery. Seville is an amazing community full of homeowners who truly care about others in the neighborhood. "
    0
    Flag
  • Carole Charles
    "The Club House is a great place for Venues, Relaxing in the pool, Play and Exercising in the Gym."
    0
    Flag
  • H8t5jwyhdd
    "It’s a great place for kids to make friends and play. It’s safe and walkable with quite a bit to do around and near the neighborhood. "
    0
    Flag
  • Cathinthesun
    "We love Finley Farms so much that after living in FF South for over 10 years, we moved to FF North to be a little closer to the school and so that we could have a bigger property with a pool. We've lived in the newer house for about 15 years. Many of our neighbors have become extended family. "
    0
    Flag
  • Cathinthesun
    "Many people like to walk their dogs on the local sidewalks. There are poop stations along some of the paths."
    0
    Flag
  • Andrew Bruce
    "Early morning commute and traffic usually flows well all the way to work in East Mesa. On occasion traffic infractions happen and traffic will back up rather quickly. "
    0
    Flag
  • Collins Appiah
    "No public transportation. Need to own a car to commute from here to places. Very nice neighborhood and safe "
    0
    Flag
  • Andrew Bruce
    "Gilbert is a great place to live, it is a little more hectic and loud if you live close to the 60 but it isn’t horrible. "
    0
    Flag
  • Dee Peseri
    "No comment Gilbert is a nice community and needs slower mph limits on roads to keep our young community safer"
    0
    Flag
  • Ninabrannock
    "We built our house in 1999, before the 202 and the mall. Even though it’s grown, it still seems small town."
    0
    Flag
  • David kesling
    "Lived in this neighborhood for 8 years and love it! Great neighbors and plenty to do close to the neighborhood! "
    0
    Flag
  • Yorgabianca
    "Nicest area ive lived in. Very affordable area with nice parks, cute neighborhoods and courteous people"
    0
    Flag
  • Emma Adarlo
    "We have Christmas bazaar,during Christmas season, food bags for the less fortunate, food trucks during spring outdoor movies, etc"
    1
    Flag
  • Shannon Bradshaw
    "You see people walking their dog all the time. People generally pick up after the dogs. I never see dog poop in the neighborhood. "
    0
    Flag
  • Kyley Chesley
    "Many trash cans w/doggie bags around the neighborhoods. Tons of dogs and areas for them to run around off leash as well. "
    0
    Flag
  • Garrets.accord-0f
    "We’ve been here for 9 years and its pretty peaceful and not much traffic noise. You hear the train daily in the distance though its up against the neighborhood and they usually obey by not blowing horn close by. Farmers market is every weekend in downtown Gilbert plus theres plans to build more small retail as most places are restaurants. "
    0
    Flag
  • Collins Appiah
    "We have community bbq, movie nights, games and sports on the community park. There are plenty of side walks that allow people to walk and bike in the neighborhood."
    0
    Flag
  • Tm2ndff27t
    "Pool parties, holiday events & participation. Community yard sales, block parties friendly neighbors "
    0
    Flag
  • 7myk5rsxfq
    "Very nice. Quiet bit close proximity to shopping, restaurants and entertainment. Home values appreciate well in the area "
    0
    Flag
  • Collins Appiah
    "I have lived here for 16 years. I love the community. Very safe and kid friendly. There are restaurants and grocery stores nearby. "
    0
    Flag
  • Collins Appiah
    "Nice neighborhood. No public transportation. Nicely maintained parks. Great place to live.i will live here any time "
    0
    Flag
  • Aud Clouds
    "There’s lots of kids on motorized bikes and small motorcycles in the neighborhood which is fine but some of the kids drive reckless and it can end dangerously for kids and pedestrians. Parents need to teach their kids to be more safety conscious. "
    0
    Flag
  • M.manganaro
    "This is Not a great neighborhood for kids/young families. While there are a few here it is mainly older people, families where the kids just left the nest or are leaving very soon and young professionals/couples with no kids. "
    0
    Flag
  • Katherine Evans
    "The neighborhood is nice and the people seem friendly. There hasn’t been any reason to get out and meet people in the neighborhood like no block parties or anything like that. Most of the yards are kept, but there are a few that look horrible. This is a great starter home area for a young family."
    2
    Flag
  • Molly Hernandez
    "We love our neighborhood! It’s safe and quiet. The community is well maintained and taken care of. "
    0
    Flag
  • Janice Quackenbush
    "This is a great neighborhood. My mother in law and father in law were one of the first families to have a home bully here. It was built in late 1996. My father in law passed away just over a year ago and my husband and I moved here from Las Vegas to take care of my mother in law. We have a few neighbors that have become great friends that also purchased and had their homes built shortly after this home was built. Our new neighbors are wonderful as well and have become more like family than friends/neighbors. "
    1
    Flag
  • Beatrembath
    "Nice neighborhood for (growing) families. Lots of families, parks, pools, walking trails, amenities. "
    0
    Flag
  • Dallas Cagle
    "I love spending time with neighbors and going to fun events. We love long conversations and backyard hang outs. "
    0
    Flag
  • Beautyinaz1
    "I work from home. When I worked in Scottsdale it was an extra 25 minutes for traffic. A total of 50-55 minutes on a typical day commute. "
    0
    Flag
  • Trulia User
    "We have community garage sales, dances, and several Holiday golf cart parades throughout the year . "
    1
    Flag
  • Trulia User
    "Very dog friendly with lots of park space and trails. I don’t see much dog poop in the public spaces. "
    0
    Flag
  • Trulia User
    "very quiet neighborhood and the rent is very good and I will let you know when I get home and I will let you know when I get back."
    0
    Flag
  • Trulia User
    "nicer than expected. everyone is super friendly everybody is polite and waves, they're not overly talkative. the kids are respectful they get out of the road when they see you coming. the HOA puts on community events and they're fun. I truly do like this neighborhood. "
    1
    Flag
  • Trulia User
    "Good walking paths and a lot of dog Owners. Several veterinarian offices nearby. Stands with a supply of refuse bags"
    0
    Flag
  • Trulia User
    "Lived here for over 25 years neighbors are friendly respectful quiet. Homes well maintained. Homes are in a high demand area easy to sell "
    0
    Flag
  • Trulia User
    "Dogs welcome nice dogs access to multiple sidewalks. Lots of pit stops along the way for your dog and yourself "
    0
    Flag
  • Trulia User
    "Too many rentals with random barking dogs constantly! The community property is not kept up. Yards are very small. "
    0
    Flag
  • Trulia User
    "My favorite part about the neighborhood is the access to the bike trail system. It allows me to bike and walk my dog to many places. I’ve lived in Gilbert for over 20 years - This is my second house I’ve purchased in Gilbert & I love this area. "
    0
    Flag
  • Trulia User
    "We moved in March 2021 to Gilbert, AZ and so far we like it. People are nice & friendly. What we don’t like is the crazy driving habits on side streets — like freeway driving — it’s risky and you hear accidents on the news each day!!! "
    2
    Flag
  • Trulia User
    "it's a beautiful neighborhood, been here since 2017. I recommend it for families as they have a great pool and water slide center in the neighborhood."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1246 E PENEDES Drive

  • What is 1246 E PENEDES Drive estimated to be worth?
    Trulia's estimated value for 1246 E PENEDES Drive in Gilbert, AZ is $940,400.
  • What is the price history for 1246 E PENEDES Drive?
    1246 E PENEDES Drive in Gilbert, AZ last sold for $940,000 in July 2026.
  • Is Gilbert a buyer's or seller's market?
    Gilbert is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Gilbert?
    The median sale price in Gilbert is $574K. That is up $4.67K from the prior month.
  • Does 1246 E PENEDES Drive have air conditioning?
    Yes, 1246 E PENEDES Drive in Gilbert, AZ has air conditioning.
  • Does 1246 E PENEDES Drive have a pool?
    Yes, 1246 E PENEDES Drive in Gilbert, AZ has a pool.

Explore by feature - Pet Friendly

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