2550 E PENEDES Drive
Gilbert, AZ 85298
Freeman Farms- 5 Beds
- 3 Baths
- 3,083 sqft
5 Beds
3 Baths
3,083 sqft
Local Information
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Description
Experience elevated living in this upgraded Fulton home with an impressive gas range, new water heater, water softener and installed RO, nestled in the highly sought-after Freeman Farms. Ideally located next to the serene community waterfall and lake, this property offers a rare level of privacy with only one neighbor. The home comes equipped with owned solar panels, allowing new owners to enjoy energy efficiency.
Step outside into a lush backyard with a vibrant lawn and a covered patio, ideal for gatherings and relaxation.
Located just 5 minutes from Gilbert Regional Park's pickleball courts, this home also offers easy access the 202 freeway, SanTan Village, and the exciting new Epicenter development.
Step outside into a lush backyard with a vibrant lawn and a covered patio, ideal for gatherings and relaxation.
Located just 5 minutes from Gilbert Regional Park's pickleball courts, this home also offers easy access the 202 freeway, SanTan Village, and the exciting new Epicenter development.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from March 03, 2025
Home Highlights
Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
$105/Monthly
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 2550 E PENEDES Drive
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 3083 Square Feet |
Appliances & Utilities Appliances: Gas Cooktop |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Central Air,Programmable ThmstatHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Spa: None |
Windows, Doors, Floors & Walls Window: Double Pane WindowsFlooring: Vinyl, Tile |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Floors: Vinyl, Tile |
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Exterior Home Features Roof: TilePatio / Porch: Covered, PatioFencing: BlockNo Private Pool |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 2No CarportHas a GarageHas Open ParkingParking Spaces: 5Parking: RV Gate,Garage Door Opener,Extended Length Garage |
Pool Pool: None |
Frontage Responsible for Road Maintenance: City Maintained RoadNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 159 |
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Year Built Year Built: 2013 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Stucco, Wood FrameNot Attached Property |
Property Information Usage of Home: NoneParcel Number: 30481522 |
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Price List Price: $640,000 |
Status Change & Dates Off Market Date: Mon Mar 03 2025Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: GilbertCommunity: FREEMAN FARMS PHASE 3 PARCEL 4 |
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Building Details Builder Name: Fulton |
Building Area Building Area: 3083 Square Feet |
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Community Features: Near Bus Stop, Playground, Biking/Walking Path |
Other Playground |
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HOA Fee Includes: Maintenance GroundsHOA Name: Freeman FarmsHOA Phone: 480-220-0888Has an HOAHOA Fee: $314/Quarterly |
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Lot Area: 7181 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: 6759038 |
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Near Bus StopPlaygroundBiking/Walking Path |
Last check for updates: about 5 hours ago
Listed by Riley Rhodes, (480) 650-8531
DWEL LLC
Bought with: Brian Rhode, (480) 235-1222, Barrett Real Estate
Source: ARMLS, MLS#6759038

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 2550 E PENEDES Drive
| Date | Price | Event | Source |
|---|---|---|---|
| 03/03/2025 | $640,000 | Sold | ARMLS #6759038 |
| 02/05/2025 | $640,000 | PriceChange | ARMLS #6759038 |
| 02/03/2025 | $649,900 | PriceChange | ARMLS #6759038 |
| 01/21/2025 | $650,000 | PriceChange | ARMLS #6759038 |
| 12/04/2024 | $665,000 | PriceChange | ARMLS #6759038 |
| 11/15/2024 | $685,000 | PriceChange | ARMLS #6759038 |
| 11/01/2024 | $695,000 | PriceChange | ARMLS #6759038 |
| 09/26/2024 | $700,000 | Listed For Sale | ARMLS #6759038 |
| 05/12/2016 | $353,000 | Sold | ARMLS #5418430 |
| 03/25/2016 | $359,900 | Listed For Sale | Agent Provided |
| 01/31/2014 | $360,442 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,636 |
| Assessment | $532,100 |
Home facts updated by county records
Comparable Sales for 2550 E PENEDES Drive
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Single-Family Home | $780,000 | 05/19/26 | 4 | 2.5 | 2,880 | |
0.21 | Single-Family Home | $665,000 | 07/18/25 | 4 | 3 | 2,692 | |
0.09 | Single-Family Home | $852,000 | 11/20/25 | 5 | 3.5 | 3,969 | |
0.10 | Single-Family Home | $590,000 | 05/08/26 | 3 | 2.5 | 2,351 | |
0.06 | Single-Family Home | $564,000 | 01/12/26 | 4 | 2 | 1,762 | |
0.21 | Single-Family Home | $890,000 | 03/27/26 | 4 | 2.5 | 2,692 | |
0.17 | Single-Family Home | $502,000 | 02/27/26 | 3 | 2.5 | 2,351 | |
0.21 | Single-Family Home | $753,000 | 06/05/25 | 4 | 3 | 2,692 | |
0.41 | Single-Family Home | $715,000 | 04/15/26 | 5 | 2.5 | 2,890 | |
0.22 | Single-Family Home | $715,000 | 11/14/25 | 3 | 2.5 | 2,507 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2550 E PENEDES Drive.
What Locals Say about Freeman Farms
At least 4 Trulia users voted on each feature.
100 % Say streets are well-lit
100 % Say it's dog friendly
100 % Say parking is easy
100 % Say there are sidewalks
89 % Say it's quiet
88 % Say yards are well-kept
75 % Say people would walk alone at night
71 % Say there's holiday spirit
71 % Say they plan to stay for at least 5 years
67 % Say car is needed
65 % Say neighbors are friendly
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.
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2550 E PENEDES Drive, Gilbert, AZ 85298 is a 5 bedroom, 3 bathroom, 3,083 sqft single-family home built in 2013. 2550 E PENEDES Drive is located in Freeman Farms, Gilbert. This property is not currently available for sale. 2550 E PENEDES Drive was last sold on Mar 3, 2025 for $640,000 (0% higher than the asking price of $640,000). The current Trulia Estimate for 2550 E PENEDES Drive is $619,700.

