2540 E Milky Way
Gilbert, AZ 85295
Gateway Ranch- 5 Beds
- 3 Baths
- 3,037 sqft
5 Beds
3 Baths
3,037 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2000
Living Area
3,037 sqft
Price/Sqft
$208
Parking
Garage
About this House
Welcome home to this awesome family home in the best part of Gilbert. This home offers a huge lot with established landscaping and built in play center. The home is masterfully designed with 5 bedrooms, (1 guest bedroom and bath on main floor) and 3 FULL baths, with Vaulted Ceilings & a Spacious LOFT. Look out and see picturesque backyard with grass and extended covered patio. Neutral ceramic floors throughout in all the right places.This home is IMMACULATE & ready to move into! Excellent location. Close to San Tan Mall, Hospital & 202.
2540 E Milky Way, Gilbert, AZ 85295 is a 5 bedroom, 3 bathroom, 3,037 sqft single-family home in Gateway Ranch, built in 2000. It last sold for $309,900 on Oct 18, 2016. More recently, it was listed as a rental in October 2015 with an asking price of $1,750 per month. That rental listing was removed on November 20, 2015. It is currently off market. The Trulia Estimate is $633,100, with a rent estimate of $3,313/month.
Home Details for 2540 E Milky Way
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Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: Refrigerator, CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Carpet |
Interior Details Number of Rooms: 10Types of Rooms: Dining Room, Family Room, Laundry Room, Master BathCeiling Fan |
Appliances & Utilities DishwasherDisposalMicrowave |
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Exterior Home Features Roof: Other, TileExterior: Stucco, WoodPatioSprinkler System |
Parking & Garage GarageParking Spaces: 3Parking: Garage Attached |
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Year Built Year Built: 2000 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 9683 sqft |
Price History for 2540 E Milky Way
| Date | Price | Event | Source |
|---|---|---|---|
| 10/18/2016 | $309,900 | Sold | ARMLS #5452287 |
| 08/17/2016 | $309,900 | PriceChange | Agent Provided |
| 07/15/2016 | $329,900 | PriceChange | Agent Provided |
| 06/03/2016 | $339,900 | Listed For Sale | Agent Provided |
| 04/07/2016 | $319,719 | Sold | N/A |
| 11/20/2015 | $1,625 | ListingRemoved | Agent Provided |
| 11/06/2015 | $1,625 | PriceChange | Agent Provided |
| 10/14/2015 | $1,750 | Listed For Rent | Agent Provided |
| 10/14/2015 | $330,000 | ListingRemoved | Agent Provided |
| 09/11/2015 | $330,000 | PriceChange | Agent Provided |
| 08/25/2015 | $335,000 | PriceChange | Agent Provided |
| 07/22/2015 | $340,000 | PriceChange | Agent Provided |
| 07/02/2015 | $350,000 | Listed For Sale | Agent Provided |
| 09/12/2011 | $1,495 | ListingRemoved | Agent Provided |
| 09/06/2011 | $1,495 | PriceChange | Agent Provided |
| 08/23/2011 | $1,900 | PriceChange | Agent Provided |
| 08/09/2011 | $1,970 | PriceChange | Agent Provided |
| 08/03/2011 | $2,075 | Listed For Rent | Agent Provided |
| 01/11/2001 | $213,415 | Sold | N/A |
Market trends in Gilbert
Last updated June 2026
Avg. sale price
$569K
$3.33KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$279
$1MoM
Available listings
1121
48MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,103 |
| Assessment | $532,100 |
Home facts updated by county records
Comparable Sales for 2540 E Milky Way
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $745,000 | 02/27/26 | 4 | 2.5 | 2,667 | |
0.12 | Single-Family Home | $700,000 | 10/30/25 | 5 | 3 | 3,049 | |
0.21 | Single-Family Home | $605,000 | 06/01/26 | 5 | 3 | 2,250 | |
0.23 | Single-Family Home | $575,000 | 01/21/26 | 4 | 2.5 | 2,250 | |
0.08 | Single-Family Home | $600,000 | 08/08/25 | 4 | 2 | 2,304 | |
0.18 | Single-Family Home | $720,000 | 08/08/25 | 4 | 3 | 3,800 | |
0.20 | Single-Family Home | $630,000 | 03/10/26 | 4 | 2.5 | 2,250 | |
0.34 | Single-Family Home | $505,000 | 05/15/26 | 4 | 2.5 | 2,398 | |
0.23 | Single-Family Home | $550,000 | 02/18/26 | 3 | 2.5 | 1,755 | |
0.24 | Single-Family Home | $850,000 | 06/03/26 | 5 | 3.5 | 4,015 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2540 E Milky Way.
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.
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