2501 E  Milky Way, Gilbert, AZ 85295
Property image
Property image
OFF MARKET

2501 E Milky Way
Gilbert, AZ 85295

Gateway Ranch
  • Studio
  • 3 Baths
  • 2,129 sqft

$627,700

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $3,503/mo*

$627,700

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $3,503/mo*
Studio
3 Baths
2,129 sqft

Home Value

Trulia Estimate
$628K
Since last month
$200 (0%)
Since last year
Decreased$54K (-7.9%)
Since last sale
Increased$348K (+124.2%)
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 +104% in the last 10 years
MonthEstimated value
2026
August 2026$628K
July 2026$628K
June 2026$630K
May 2026$633K
April 2026$639K
March 2026$636K
February 2026$636K
January 2026$628K
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
$745,000
02/27/26
4
2.5
2,667
0.21
Single-Family Home
$550,000
02/18/26
3
2.5
1,755
0.17
Single-Family Home
$630,000
03/10/26
4
2.5
2,250
0.19
Single-Family Home
$540,000
08/11/26
4
2.5
2,250
0.23
Single-Family Home
$605,000
06/01/26
5
3
2,250
0.14
Single-Family Home
$700,000
10/30/25
5
3
3,049
0.28
Single-Family Home
$575,000
01/21/26
4
2.5
2,250
0.40
Single-Family Home
$505,000
05/15/26
4
2.5
2,398
0.31
Single-Family Home
$597,500
09/24/25
4
2
1,892
0.34
Single-Family Home
$533,000
11/25/25
3
2
1,986

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
0.02
$707,700
3
2
2,384
Off Market
0.03
$745,000
4
2.5
2,667
Recently Sold
0.07
$696,800
4
2
2,598
Off Market
0.12
$700,000
3
2
2,384
Off Market
0.10
$804,200
6
3
3,300
Off Market
0.08
$593,700
3
3
2,250
Off Market
0.14
$700,000
5
3
3,049
Recently Sold
0.15
$766,300
5
3.5
4,015
Off Market
0.11
$596,300
4
2
2,304
Off Market
0.11
$539,700
3
3
1,755
Off Market
0.15
$821,100
5
3
3,328
Off Market
0.10
$642,900
4
3
2,250
Off Market

Local Information

  • Map ViewExplore the area around 2501 E Milky Way.
  • Schools1 Elementary School3 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2000
Living Area
2,129 sqft
Price/Sqft
$295
Parking
Garage

About this House

This single-family home is located at 2501 E Milky Way, Gilbert, AZ. 2501 E Milky Way is in the Gateway Ranch neighborhood in Gilbert, AZ and in ZIP code 85295. This property has 3 bathrooms and approximately 2,129 sqft of floor space. This property has a lot size of 10459 sqft and was built in 2000.
2501 E Milky Way, Gilbert, AZ 85295 is a studio, 3 bathroom, 2,129 sqft single-family home in Gateway Ranch, built in 2000. It last sold for $280,000 on Apr 15, 2015. More recently, it was listed as a rental in March 2025 with an asking price of $3,500 per month. That rental listing was removed on April 5, 2025. It is currently off market. The Trulia Estimate is $627,700, with a rent estimate of $3,210/month.

Home Details for 2501 E Milky Way

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6
Heating & Cooling
Air ConditioningCooling System: Refrigerator

Exterior Features

Exterior Home Features
Roof: TileExterior: WoodPatio
Pool
Pool
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 2000
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 10459 sqft

Price and Tax history

DateEventPrice
Apr 5, 2025
Source: ARMLS #6841321
ListingRemoved
$3,100
Apr 2, 2025
Source: ARMLS #6841321
PriceChange
$3,100
Price decreased by 11%
Mar 26, 2025
Source: ARMLS #6841321
Listed For Rent
$3,500
Mar 26, 2025
Source: ARMLS #6816836
PriceChange
$689,900
Price decreased by 1%
Mar 7, 2025
Source: ARMLS #6816836
PriceChange
$699,900
Price decreased by 1%

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 Gateway Ranch

At least 5 Trulia users voted on each feature.
  • 100 % Say people would walk alone at night

  • 100 % Say there are sidewalks

  • 100 % Say streets are well-lit

  • 90 % Say parking is easy

  • 89 % Say kids play outside

  • 89 % Say it's dog friendly

  • 78 % Say car is needed

  • 75 % Say it's quiet

  • 75 % Say they plan to stay for at least 5 years

  • 71 % Say yards are well-kept

  • 70 % Say there's holiday spirit

  • 58 % Say it's walkable to restaurants

  • 48 % Say neighbors are friendly

  • 20 % Say there are community events

  • 14 % Say it's walkable to grocery stores

  • 10 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Dan W.
    "Great neighborhood, well maintained homes and common areas. Close to major shopping area (San Tan), easy access to I-202, Schools are excellent, numerous restaurants and entertainment sites."

LGBTQ Local Legal Protections

Frequently asked questions about 2501 E Milky Way

  • What is 2501 E Milky Way estimated to be worth?
    Trulia's estimated value for 2501 E Milky Way in Gilbert, AZ is $627,700.
  • What is the price history for 2501 E Milky Way?
    2501 E Milky Way in Gilbert, AZ last sold for $280,000 in April 2015.
  • 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 2501 E Milky Way have air conditioning?
    Yes, 2501 E Milky Way in Gilbert, AZ has air conditioning.
  • Does 2501 E Milky Way have a pool?
    Yes, 2501 E Milky Way in Gilbert, AZ has a pool.

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