2471 E PENEDES Drive, Gilbert, AZ 85298
Property image
Property image
SOLD
JUL 15, 2026

$909,700

Trulia Estimate
  • 7 Beds
  • 4.5 Baths
  • 4,710 sqft

2471 E PENEDES Drive, Gilbert, AZ 85298

Freeman Farms
Est. Refi. Payment $5,058/mo*
Refinance Your Home
Currently Off Market - Sold Jul 15, 2026 for $906,000 (1% above list price)

Home Value

Trulia Estimate
$910K
Since last month
Increased$3K (+0.3%)
Since last year
Increased$50K (+5.8%)
Since last sale
Increased$4K (+0.4%)
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 +14% in the last 10 years
MonthEstimated value
2026
August 2026$910K
July 2026$907K
June 2026$881K
May 2026$904K
April 2026$900K
March 2026$861K
February 2026$848K
January 2026$838K
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
0.03
Single-Family Home
$912,500
05/04/26
6
4.5
4,481
0.05
Single-Family Home
$852,000
11/20/25
5
3.5
3,969
0.04
Single-Family Home
$675,000
05/29/26
5
4
2,880
0.03
Single-Family Home
$780,000
05/19/26
4
2.5
2,880
0.15
Single-Family Home
$780,000
07/14/26
5
3
2,890
0.48
Single-Family Home
$820,000
09/23/25
6
4.5
4,648
0.23
Single-Family Home
$839,000
05/22/26
4
2.5
2,708
0.28
Single-Family Home
$890,000
03/27/26
4
2.5
2,692

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
0.01
$713,100
4
3
2,880
Off Market
0.04
$675,000
5
4
2,880
Recently Sold
0.03
$912,500
6
4.5
4,481
Recently Sold
0.03
$780,000
4
2.5
2,880
Recently Sold
0.05
$852,000
5
3.5
3,969
Recently Sold
0.06
$708,200
4
3
2,728
Off Market
0.09
$599,000
4
2.5
2,351
For Sale
0.15
$780,000
5
3
2,890
Recently Sold
0.11
$752,800
4
3
2,586
Off Market
0.11
$634,100
5
3
3,083
Off Market
0.11
$749,300
4
3
3,039
Off Market

Local Information

  • Map ViewExplore the area around 2471 E PENEDES Drive.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2013
Living Area
4,710 sqft
Price/Sqft
$192/sqft
Parking
Garage
HOA
$108/Monthly

About this House

Welcome to Freeman Farms!! With 4,710 square feet of beautifully designed living space, this home combines comfort, functionality along with 2 primary suites to accommodate multi generational living or guests!. This home has one brand new AC and one that is a couple years old with transferable warranties. Step inside to find spacious open-concept living areas filled with natural light, elegant finishes, and seamless indoor-outdoor flow. The chef's kitchen opens to generous dining and living spaces--perfect for entertaining or everyday living. Large sliding glass doors lead to a private backyard retreat, ideal for relaxing or a side patio for more intimate gatherings. With seven true / spacious bedrooms, including, multiple walk in closets, and flex spaces, there is room for everyone! The shaded backyard is so nice along with the covered patio! Located in the desirable Freeman Farms community, residents enjoy access to HUGE grassy parks, scenic walking paths, basketball courts, a beautiful lake, and more--creating a vibrant, outdoor-friendly lifestyle. Gilbert Regional Park is just across the canal for sports, fishing and frequent entertainment! This is a rare opportunity to own a spacious, move-in-ready home in one of Gilbert's premier neighborhoods!
2471 E PENEDES Drive, Gilbert, AZ 85298 is a 7 bedroom, 5 bathroom, 4,710 sqft single-family home in Freeman Farms, built in 2013. It last sold for $906,000 on Jul 15, 2026 (1% above the $900,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $909,700, with a rent estimate of $4,911/month.
Last check for updates: about 5 hours ago
Listed by Nichelle Smith, (480) 848-2446
eXp Realty
Bought with: Dawn Tanaka, (480) 510-5733, Keller Williams Integrity First Realty
Source: ARMLS, MLS#7014685
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 2471 E PENEDES Drive

Interior Features

Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 4710 Square Feet
Appliances & Utilities
Appliances: Dryer, Washer, Water Softener Owned, Built In Recycling, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop, Water PurifierDishwasherDisposalDryerLaundry: InsideRefrigeratorWasher
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),Programmable ThmstatHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Family Room, GasSpa: NoneHas a Fireplace
Windows, Doors, Floors & Walls
Window: Low Emissivity WindowsFlooring: Carpet, Tile
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Floors: Carpet, Tile

Exterior Features

Exterior Home Features
Roof: Tile ConcretePatio / Porch: Covered, PatioFencing: BlockExterior: Private Yard
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 4No CarportHas a GarageHas Open ParkingParking Spaces: 7Parking: Direct Access
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 34

Property Information

Year Built
Year Built: 2013
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Stucco, Other, Painted, StoneNot Attached Property
Property Information
Parcel Number: 30481694Model Home Type: Customized

Price & Status

Price
List Price: $900,000Price Per Sqft: $192/sqft
Status Change & Dates
Off Market Date: Wed Jun 17 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: GilbertCommunity: FREEMAN FARMS PHASE 3 PARCEL 3
School Information
Elementary School: Robert J.C. Rice Elementary SchoolElementary School District: Chandler Unified District #80Jr High / Middle School: Dr. Camille Casteel High SchoolHigh School: Dr. Camille Casteel High SchoolHigh School District: Chandler Unified District #80

Building

Building Details
Builder Name: Fulton Homes
Building Area
Building Area: 4710 Square Feet

Community

Community Features: Playground, Biking/Walking Path
Other
Playground

HOA

HOA Fee Includes: Maintenance Grounds, Street MaintHOA Name: Freeman FarmsHOA Phone: 480-602-3413Has an HOAHOA Fee: $324/Quarterly

Lot Information

Lot Area: 8400 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 7014685Attribution Contact: 4808482446

Additional Information

PlaygroundBiking/Walking Path

Price and Tax history

DateEventPrice
Jul 15, 2026
Source: ARMLS #7014685
Sold
$906,000
Jun 18, 2026
Source: ARMLS #7014685
Pending
$900,000
Jun 17, 2026
Source: eXp Realty #7014685
Contingent
$900,000
Jun 16, 2026
Source: ARMLS #7014685
PriceChange
$900,000
Price decreased by 2%
May 14, 2026
Source: ARMLS #7014685
Listed For Sale
$920,000

Market trends in Gilbert

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

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 2471 E PENEDES Drive

  • What is 2471 E PENEDES Drive estimated to be worth?
    Trulia's estimated value for 2471 E PENEDES Drive in Gilbert, AZ is $909,700.
  • What is the price history for 2471 E PENEDES Drive?
    2471 E PENEDES Drive in Gilbert, AZ last sold for $906,000 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 2471 E PENEDES Drive have air conditioning?
    Yes, 2471 E PENEDES Drive in Gilbert, AZ has air conditioning.
  • Does 2471 E PENEDES Drive have laundry facilities?
    Yes, 2471 E PENEDES Drive in Gilbert, AZ has in-unit laundry.

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