1498 W  Commerce Ave, Gilbert, AZ 85233
Property image
Property image
OFF MARKET

$952,000

Trulia Estimate
as of Aug 30, 2026
  • 5 Beds
  • 4 Baths
  • 4,063 sqft
  • 5 Beds
  • 4 Baths
  • 4,063 sqft

1498 W Commerce Ave, Gilbert, AZ 85233

Playa del Rey

Home Highlights

Property Type
Single-Family Home
Living Area
4,063 sqft
Price/Sqft
$234

Local Information

  • Map ViewExplore the area around 1498 W Commerce Ave.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

New Interior Paint!!

Lake living at its best in Gilbert! This gated community boasts 2 lakes, 1 for water craft recreational use and the other for tranquil enjoyment. This 5 bedroom 4 bathroom home has some great finishes and updates one can hope for in this price range. Updates and finishes include, but not exclusive to: crown molding, newer interior paint, granite counter tops.

Enter this home to find a two-story foyer lit by arched windows, leading to a grand staircase. The open, eat-in kitchen gleams with stainless appliances and granite counters and back-splash. Upstairs, beyond the generous loft, find the master bedroom, which boasts a private balcony and luxurious en-suite bath with a jetted tub and separate shower. Playa del Rey community, which has its own putt-putt course and playground, and is located near convenient shopping and casual dining options.

NON-REFUNDABLE APPLICATION FEE IS $75..00 PER ADULT. OWNER DISCLOSURES NOT AVAILABLE. APPLY THROUGH OUR WEBSITE http
LOTUSREALESTATEUS.COM. GO TO THE PROPERTIES TAB, FIND THE PROPERTY YOU WISH TO APPLY FOR, AND CLICK APPLY NOW. $300.00 ADMIN FEE TO LOTUS REAL ESTATE UPON APPROVAL.

RATE DOES NOT INCLUDE MONTHLY LANDSCAPE SERVICE

Monthly admin fee 2.95%
Rental Insurance Required
1498 W Commerce Ave, Gilbert, AZ 85233 is a 5 bedroom, 4 bathroom, 4,063 sqft single-family home in Playa del Rey. More recently, it was listed as a rental in March 2025 with an asking price of $4,450 per month. That rental listing was removed on April 9, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $952,000, with a rent estimate of $5,141/month.

Home Details for 1498 W Commerce Ave

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Interior Features

Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher

Comparable Sales for 1498 W Commerce Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Single-Family Home
$1,070,000
03/09/26
5
4
3,820 sqft
0.12
Single-Family Home
$582,000
09/30/25
4
3
3,013 sqft
0.28
Single-Family Home
$607,000
05/08/26
5
3
2,732 sqft
0.33
Single-Family Home
$445,000
09/30/25
4
3
2,260 sqft
0.51
Single-Family Home
$670,000
01/26/26
5
4.5
3,063 sqft
0.25
Single-Family Home
$597,500
04/20/26
4
2
2,369 sqft
0.48
Single-Family Home
$583,500
01/30/26
5
3
2,468 sqft
0.22
Single-Family Home
$530,000
06/24/26
3
2.5
1,698 sqft
0.48
Single-Family Home
$595,000
08/17/26
5
3
2,324 sqft
0.48
Single-Family Home
$699,000
03/20/26
4
2.5
2,853 sqft

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Playa del Rey

At least 16 Trulia users voted on each feature.
  • 96 % Say it's dog friendly

  • 89 % Say car is needed

  • 88 % Say there are sidewalks

  • 84 % Say people would walk alone at night

  • 75 % Say streets are well-lit

  • 71 % Say kids play outside

  • 67 % Say there's holiday spirit

  • 64 % Say parking is easy

  • 60 % Say it's quiet

  • 59 % Say yards are well-kept

  • 51 % Say neighbors are friendly

  • 39 % Say they plan to stay for at least 5 years

  • 27 % Say there are community events

  • 25 % Say it's walkable to restaurants

  • 25 % Say it's walkable to grocery stores

  • 14 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Apr 9, 2025
Source: Zillow Rentals
ListingRemoved
$3,999
Apr 2, 2025
Source: Zillow Rentals
PriceChange
$3,999
Price decreased by 10%
Mar 26, 2025
Source: Zillow Rentals
Listed For Rent
$4,450
Nov 21, 2023
Source: Zillow Rentals
ListingRemoved
Nov 8, 2023
Source: Zillow Rentals
PriceChange
$3,950
Price decreased by 7%

Frequently asked questions about 1498 W Commerce Ave

  • What is 1498 W Commerce Ave estimated to be worth?
    Trulia's estimated value for 1498 W Commerce Ave in Gilbert, AZ is $952,000.
  • 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.
  • What do residents say about the Playa del Rey neighborhood?
    Residents describe the Playa del Rey neighborhood in Gilbert, AZ as dog-friendly, pedestrian-friendly, and easy to park in. See recently sold homes in Playa del Rey, Gilbert.
  • Does 1498 W Commerce Ave have laundry facilities?
    Yes, 1498 W Commerce Ave in Gilbert, AZ has in-unit laundry.

Homes for rent near 1498 W Commerce Ave

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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