3242 E  Bonanza Rd, Gilbert, AZ 85297
Property image
Property image
OFF MARKET

3242 E Bonanza Rd
Gilbert, AZ 85297

San Tan Ranch
  • 4 Beds
  • 2 Baths
  • 1,525 sqft

$462,200

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $2,592/mo*

$462,200

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $2,592/mo*
4 Beds
2 Baths
1,525 sqft

Home Value

Trulia Estimate
$462K
Since last month
$0 (0%)
Since last year
Decreased$33K (-6.7%)
Since last sale
Decreased$68K (-12.9%)
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 +98% in the last 10 years
MonthEstimated value
2026
August 2026$462K
July 2026$462K
June 2026$462K
May 2026$464K
April 2026$484K
March 2026$493K
February 2026$494K
January 2026$489K
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
0.12
Single-Family Home
$537,000
12/29/25
4
2
1,595
0.02
Single-Family Home
$485,000
07/31/26
3
2
1,476
0.14
Single-Family Home
$550,000
09/05/25
4
2
1,861
0.07
Single-Family Home
$445,000
09/10/25
3
2
1,525
0.09
Single-Family Home
$472,000
12/23/25
3
2
1,595
0.13
Single-Family Home
$550,000
05/13/26
5
2
1,861
0.15
Single-Family Home
$465,000
06/23/26
3
2
1,325
0.14
Single-Family Home
$490,000
12/23/25
4
2.5
1,901
0.17
Single-Family Home
$565,000
12/16/25
3
2
2,028
0.13
Single-Family Home
$630,000
06/10/26
4
3
2,547

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
$485,000
3
2
1,476
Recently Sold
0.07
$443,200
3
2
1,525
Off Market
0.08
$545,600
3
2.5
1,901
Off Market
0.10
$492,400
3
2
1,476
Off Market
0.09
$472,000
3
2
1,595
Recently Sold
0.12
$2,351,000
6
5
6,060
Off Market
0.13
$630,000
4
3
2,547
Recently Sold
0.10
$565,500
4
3
2,166
Off Market
0.11
$464,300
3
2
1,476
Off Market
0.11
$583,500
3
2
1,525
Off Market
0.12
$537,000
4
2
1,595
Recently Sold
0.12
$582,600
3
2
1,521
Off Market

Local Information

  • Map ViewExplore the area around 3242 E Bonanza Rd.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,525 sqft
Price/Sqft
$303
Parking
Garage

About this House

This beautifully updated 1,525 square foot, single-story home in Gilbert's desirable San Tan Ranch community offers 4 bedrooms and 2 bathrooms across a thoughtfully designed split floor plan. The eat-in kitchen is a true standout, featuring included appliances refrigerator, stove, oven, microwave, and dishwasher along with an expansive breakfast bar, a breakfast nook, and a pantry for ample storage. The kitchen flows seamlessly into a spacious family room showcasing upgraded herringbone tile flooring and soaring vaulted ceilings that create an open, airy feel throughout the main living areas. Neutral paint and blinds are in place, while ceiling fans add comfort in every room. The split bedroom layout provides excellent privacy, with the primary suite offering a full ensuite bathroom and a generous walk-in closet. Three additional bedrooms are well-sized and share a full guest bathroom. A dedicated laundry room comes complete with an included washer and dryer for added convenience. The 2-car garage features a garage door opener and provides plenty of storage space. Out back, enjoy an oversized fenced yard with a covered patio and lush landscaping perfect for relaxing or entertaining. Situated on a desirable corner lot with north/south exposure, this home benefits from great natural light throughout the day. San Tan Ranch is a well-maintained community featuring playgrounds and biking and walking trails.

Pet Policy: Dogs Allowed with the following exceptions: Pet friendly, pets will be considered upon approval. No Cats

APPLICATION: $65 Application Fee Per Applicant 18 years or older (Nonrefundable). Once all required documents have been submitted by every applicant, please allow 24-72 business hours for processing. Move-in dates more than 21 days after application approval require additional approval.

LEASE LENGTH: 12-month minimum (longer lease terms may be negotiable)

INITIAL MOVE-IN COSTS: Applicants may choose between a traditional security deposit or a Security Deposit Alternative program. A one-time lease preparation fee of $250 plus the first month's rent is due prior to move-in. If the applicant has a pet, a $150 nonrefundable pet fee per pet applies.

RECURRING MONTHLY COSTS: A 4.99% administration fee applies. If the applicant has a pet, $35 monthly pet rent per pet applies (does not apply to assistive animals). All On Q Property Management residents are enrolled in the Resident Benefits Package for $49. This package includes liability insurance, credit building to help boost your credit score with timely rent payments, a move-in concierge to make utility connection and home service setup simple, a Renter to Buyer program, and more.

*Other terms and conditions may apply. The list price is base rent and other recurring monthly costs may apply. All information, including advertised rent and other charges, is deemed reliable but not guaranteed and is subject to change.

ATTENTION: This property currently has an approved applicant. We are accepting backup applications, and the home will remain available until the lease agreement is fully secured.

By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
3242 E Bonanza Rd, Gilbert, AZ 85297 is a 4 bedroom, 2 bathroom, 1,525 sqft single-family home in San Tan Ranch. It last sold for $530,000 on May 6, 2022 (24,002% above the $2,199 asking price). More recently, it was listed as a rental in July 2026 with an asking price of $2,250 per month. That rental listing was removed on August 15, 2026. It is currently off market. The Trulia Estimate is $462,200, with a rent estimate of $2,272/month.

Home Details for 3242 E Bonanza Rd

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 Year

Interior Features

Appliances & Utilities
DishwasherRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Tile

Exterior Features

Parking & Garage
GarageParking Spaces: 2Parking: Garage

Community

Other
Playground

Additional Information

Playground

Price and Tax history

DateEventPrice
Aug 15, 2026
Source: Zillow Rentals
ListingRemoved
$2,199
Jul 30, 2026
Source: Zillow Rentals
PriceChange
$2,199
Price decreased by 2%
Jul 6, 2026
Source: Zillow Rentals
Listed For Rent
$2,250
Jun 23, 2026
Source: ARMLS #7012808
ListingRemoved
$465,000
May 27, 2026
Source: ARMLS #7012808
PriceChange
$465,000
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
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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about San Tan Ranch

At least 68 Trulia users voted on each feature.
  • 97 % Say there are sidewalks

  • 93 % Say it's dog friendly

  • 92 % Say car is needed

  • 91 % Say people would walk alone at night

  • 91 % Say yards are well-kept

  • 86 % Say streets are well-lit

  • 86 % Say kids play outside

  • 85 % Say parking is easy

  • 77 % Say there's holiday spirit

  • 71 % Say it's quiet

  • 66 % Say it's walkable to grocery stores

  • 61 % Say they plan to stay for at least 5 years

  • 58 % Say neighbors are friendly

  • 53 % Say there are community events

  • 41 % Say there's wildlife

  • 40 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Katherine Evans
    "The neighborhood is nice and the people seem friendly. There hasn’t been any reason to get out and meet people in the neighborhood like no block parties or anything like that. Most of the yards are kept, but there are a few that look horrible. This is a great starter home area for a young family."
  • Trulia User
    "Halloween day is fun the neighborhood goes all out for the kiddos, preteens and some adult attractions. Food trucks Cotton candy Costumes DJ"
  • Mltitsker
    "Lots of parks in the neighborhood , a clothing donation box located on San Tan Ranch Elementary property and on the S end of San Tan Ranch is a Canal that is used to walk, jog or ride your bike on. Very close to Frys Food, Walgreens and Sonic on the South end. "
  • Kurt S.
    "I’ve lived in the neighborhood for almost 20 years. We bought one of the first 12 houses built in San Tan Ranch. It’s a safe neighborhood. Children playing outside. Neighbors walking around at all hours. Friendly people. "
  • Crystalaclark1
    "Very nice neighborhood to raise your family in. I have lived in the Higley/ Pecos area for three years and I enjoy every bite of it. "
  • jcm
    "lived here for two years and my sister has lived here for about 7 years and always has been nice and with friendly people plenty of restaurants near by and a Fry's close by and also a mall with good schools also "
  • Crystalaclark1
    "The area is very peaceful and quiet. The community is nice and well kept. I can see myself building my small family in this area for years to come. "
  • PSH
    "We have lived here since 2007. The area is always clean, close to schools, shopping, and freeways. We are only minutes from anything we need. Gilbert Mercy Hospital is a great healthcare facility and close by. Great place to live and raise a family!"

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Homes for sale near 3242 E Bonanza Rd

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Off Market Homes Near 3242 E Bonanza Rd

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Frequently asked questions about 3242 E Bonanza Rd

  • What is 3242 E Bonanza Rd estimated to be worth?
    Trulia's estimated value for 3242 E Bonanza Rd in Gilbert, AZ is $462,200.
  • What is the price history for 3242 E Bonanza Rd?
    3242 E Bonanza Rd in Gilbert, AZ last sold for $530,000 in May 2022.
  • 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 3242 E Bonanza Rd have a garage?
    Yes, 3242 E Bonanza Rd in Gilbert, AZ has a garage.