2040 E ARIS Drive, Gilbert, AZ 85298
Property image
Property image
OFF MARKET

$2,164,000

Trulia Estimate
  • 5 Beds
  • 5 Baths
  • 5,032 sqft (on 0.49 acres)

2040 E ARIS Drive, Gilbert, AZ 85298

Freeman Farms
Est. Refi. Payment $12,378/mo*
Refinance Your Home
Currently Off Market - Sold Oct 20, 2025 for $2,200,000

Home Value

Trulia Estimate
$2.16M
Since last month
Decreased$46K (-2.1%)
Since last year
Decreased$28K (-1.3%)
Since last sale
Decreased$29K (-1.3%)
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 increased by +151% in the last 10 years
MonthEstimated value
2026
September 2026$2.17M
August 2026$2.22M
July 2026$2.2M
June 2026$2.19M
May 2026$2.19M
April 2026$2.17M
March 2026$2.18M
February 2026$2.2M
January 2026$2.2M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
0.08
Single-Family Home
$1,850,000
05/01/26
5
4
4,498
0.05
Single-Family Home
$1,499,000
09/01/26
5
3.5
4,748
0.20
Single-Family Home
$2,800,000
07/22/26
5
5.5
5,846
0.38
Single-Family Home
$1,850,000
06/01/26
5
5.5
3,875
0.40
Single-Family Home
$2,395,000
05/13/26
5
4.5
4,622
0.53
Single-Family Home
$2,131,370
06/16/26
5
5
4,319
0.42
Single-Family Home
$1,625,000
08/04/26
4
5.5
3,875
0.24
Single-Family Home
$1,335,000
05/28/26
5
3
3,466
0.51
Single-Family Home
$1,700,000
09/14/26
5
3.5
4,468

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
0.05
$1,499,000
5
3.5
4,748
Recently Sold
0.07
$1,347,800
4
4
4,511
Off Market
0.08
$2,099,000
5
6.5
5,032
For Sale
0.11
$2,177,700
5
4.5
4,641
Off Market
0.08
$1,850,000
5
4
4,498
Recently Sold
0.09
$1,141,800
5
2
2,200
Off Market
0.12
$1,796,600
5
6
4,235
Off Market
0.12
$2,045,500
5
6
5,085
Off Market
0.17
$900,000
-
-
-
Recently Sold
0.16
$1,719,400
5
5
4,235
Off Market
0.20
$2,800,000
5
5.5
5,846
Recently Sold

Local Information

  • Map ViewExplore the area around 2040 E ARIS Drive.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2015
0.49 acre lot
5,032 sqft
$430/sqft
Garage
HOA $240/mo

About this House

Absolutely STUNNING, highly upgraded 5 bed, 5 bath home in Gilbert's coveted Legacy at Freeman Farms. This 5032 sq ft gem boasts a gourmet kitchen like no other. Enjoy an open floor plan with high ceilings, flooded with natural light. Upgrades include engineered wood flooring, custom bathrooms, stunning kitchen, wood trim and wallpaper in all the right places, and so much more. Located near top rated schools, dining, shopping and Gilbert Regional Park. The nicest, most upgraded home you will find under $2.5 million in the east valley. Do not hesitate to take a look and make your offer!!
2040 E ARIS Drive, Gilbert, AZ 85298 is a 5 bedroom, 5 bathroom, 5,032 sqft single-family home in Freeman Farms, built in 2015. It last sold for $2,200,000 on Oct 20, 2025 (4% below the $2,295,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,164,000, with a rent estimate of $6,949/month.
Last check for updates: about 13 hours ago
Listed by Nate Hunsaker, (480) 522-8162
West USA Realty
Bought with: Lori Eitel, (480) 329-5751, Realty ONE Group
Source: ARMLS, MLS#6905906
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 2040 E ARIS Drive

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Bedroom
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 5
Dimensions and Layout
Living Area: 5032 Square Feet
Appliances & Utilities
Appliances: Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas CooktopDishwasherDisposalDryerLaundry: InsideRefrigeratorWasher
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),Programmable ThmstatHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Exterior Fireplace, Family Room, GasSpa: NoneHas a Fireplace
Windows, Doors, Floors & Walls
Window: Low Emissivity Windows, Solar Screens, Double Pane WindowsFlooring: Stone, Tile, Wood
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Stone, Tile, Wood

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: PatioFencing: BlockExterior: Playground, Built-in BarbecueHas a Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4Open Parking Spaces: 6No CarportHas a GarageHas Open ParkingParking Spaces: 10Parking: RV Gate,Garage Door Opener
Pool
Pool: Variable Speed Pump, Fenced, HeatedPool
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: 29

Property Information

Year Built
Year Built: 2015
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Stucco, Wood Frame, Blown Cellulose, PaintedNot Attached Property
Property Information
Parcel Number: 30494720

Price & Status

Price
List Price: $2,295,000
Status Change & Dates
Off Market Date: Fri Sep 12 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: GilbertCommunity: LEGACY AT FREEMAN FARMS
School Information
Elementary School: Weinberg Gifted AcademyElementary School District: Chandler Unified District #80Jr High / Middle School: Willie & Coy Payne Jr. HighHigh School: Perry High SchoolHigh School District: Chandler Unified District #80

Building

Building Details
Builder Name: Fulton
Building Area
Building Area: 5032 Square Feet

Community

Community Features: Gated, Playground, Biking/Walking Path
Other
Playground

HOA

HOA Fee Includes: Maintenance Grounds, Street MaintHOA Name: LegacyHOA Phone: 480-355-1190Has an HOAHOA Fee: $720/Quarterly

Lot Information

Lot Area: 0.49 acres

Offer

Listing Terms: Cash, Conventional, VA Loan

Energy

Energy Efficiency Features: Multi-Zones

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6905906

Additional Information

GatedPlaygroundBiking/Walking Path

Price and Tax history

DateEventPrice
Oct 20, 2025
Source: ARMLS #6905906
Sold
$2,200,000
Sep 12, 2025
Source: ARMLS #6905906
Pending
$2,295,000
Aug 14, 2025
Source: ARMLS #6905906
Listed For Sale
$2,295,000
Jun 24, 2024
Source: ARMLS #6693461
Sold
$2,050,000
May 5, 2024
Source: ARMLS #6693461
Pending
$1,999,999

Market trends in Gilbert

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$575K
$1.5K
MoM
Sale-to-List Price
98.8%
0.1%
MoM
Price per sq ft
$279
$0
MoM
Available listings
1109
4
MoM

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 Freeman Farms

At least 4 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say there are sidewalks

  • 100 % Say streets are well-lit

  • 100 % Say parking is easy

  • 89 % Say it's quiet

  • 88 % Say yards are well-kept

  • 75 % Say people would walk alone at night

  • 71 % Say they plan to stay for at least 5 years

  • 67 % Say car is needed

  • 65 % Say neighbors are friendly

  • 63 % Say there's holiday spirit

  • 57 % Say there's wildlife

  • 50 % Say there are community events

  • 40 % Say kids play outside

  • 33 % Say it's walkable to restaurants

  • 22 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Charles S.
    "Another Fulton Homes community that is just that, a community. I know most of my neighbors and I can feel at ease knowing that everybody is watching out for each other. Close to excellent schools in two open districts, library, shopping, and some entertainment. Parks in the city are a bit far but that will change as developments come in."

LGBTQ Local Legal Protections

Frequently asked questions about 2040 E ARIS Drive

  • What is 2040 E ARIS Drive estimated to be worth?
    Trulia's estimated value for 2040 E ARIS Drive in Gilbert, AZ is $2,164,000.
  • What is the price history for 2040 E ARIS Drive?
    2040 E ARIS Drive in Gilbert, AZ last sold for $2,200,000 in October 2025.
  • 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 $575K. That is up $1.5K from the prior month.
  • Does 2040 E ARIS Drive have air conditioning?
    Yes, 2040 E ARIS Drive in Gilbert, AZ has air conditioning.
  • Does 2040 E ARIS Drive have a pool?
    Yes, 2040 E ARIS Drive in Gilbert, AZ has a pool.

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