3500 E PENEDES Drive, Gilbert, AZ 85298
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Property image
PENDING
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$749,000

  • 4 Beds
  • 4.5 Baths
  • 2,921 sqft

3500 E PENEDES Drive, Gilbert, AZ 85298

Marbella Vineyards
Est. Mortgage $4,336/mo*
Get Pre-Qualified

Home Highlights

Single-Family Home
Built in 2016
$256/sqft
Garage
HOA $115/mo

Local Information

  • Map ViewExplore the area around 3500 E PENEDES Drive.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

8/2/26 FRESHLY UPDATED remodel you need to see to believe! SELLER OFFERING A $10,000 TOTAL CONCESSION FOR RATE BUY-DOWN, CLOSING COSTS. Welcome to 3500 E Penedes Drive, located in the highly desirable community of Marbella Vineyards in Gilbert. This beautifully maintained home offers a spacious and functional open-concept layout, perfect for modern living and effortless entertaining.

The heart of the home features a large great room that flows seamlessly into the kitchen and dining areas, creating an inviting space for gathering with family and friends. The kitchen is designed with both style and functionality in mind, offering ample cabinetry,

Step outside to your fully upgraded backyard oasis, where no detail has been overlooked. Enjoy a newly updated generous counter space, and a layout that keeps you connected to the main living areas. Step outside to your fully upgraded backyard oasis, where no detail has been overlooked. Enjoy a newly updated expansive low-maintenance turf, and plenty of room for outdoor seating, and entertaining. This private outdoor space is ideal for Arizona living year-round.

The home offers generously sized bedrooms, a well-designed floor plan, and an abundance of natural light throughout. Whether you're looking for space to grow, entertain, or simply relax, this home delivers.

Located in Marbella Vineyards, residents enjoy tree-lined streets, parks, and a strong sense of community, all while being just minutes from top-rated schools, shopping, dining, and easy freeway access.

This is a move-in-ready opportunity in one of Gilbert's most sought-after neighborhoods--don't miss it.
Last check for updates: about 5 hours ago
Listing courtesy of Michael Hatch, (480) 236-6483
Realty ONE Group
Elle Dewitt, (602) 618-9854
Realty ONE Group
Source: ARMLS, MLS#7020147
Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 3500 E PENEDES Drive

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2921 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas CooktopDishwasherDisposalLaundry: Inside,Gas Dryer HookupRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
Spa: Heated, PrivateNo FireplaceHas a Spa
Windows, Doors, Floors & Walls
Window: Screens, Solar ScreensFlooring: Carpet, Tile
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Carpet, Tile

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: CoveredFencing: BlockExterior: Private Yard, Built-in BarbecueHas a Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageParking Spaces: 3Parking: Garage Door Opener,Direct Access
Pool
Pool: HeatedPool
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 124Days on Market: 132

Property Information

Year Built
Year Built: 2016
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Stucco, Wood Frame, Painted, StoneNot Attached Property
Property Information
Usage of Home: NoneParcel Number: 31318774

Price & Status

Price
List Price: $749,000Price Per Sqft: $256
Status Change & Dates
Off Market Date: Sat Aug 29 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Pending

Location

Direction & Address
City: GilbertCommunity: MARBELLA VINEYARDS PHASE 2B
School Information
Elementary School: Dr. Gary and Annette Auxier 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

Agent Information

Listing Agent
Listing ID: 7020147

Building

Building Details
Builder Name: Shea Homes
Building Area
Building Area: 2921 Square Feet

Community

Community Features: Playground, Biking/Walking Path
Other
Playground

HOA

HOA Fee Includes: Maintenance GroundsHOA Name: Marbella VineyardsHOA Phone: 480-820-1519Has an HOAHOA Fee: $346/Quarterly

Lot Information

Lot Area: 9900 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Energy

Energy Efficiency Features: Solar Panels

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 7020147

Additional Information

PlaygroundBiking/Walking Path

Around this home

Neighborhood Overview

Marbella Vineyards
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Marbella Vineyards

At least 13 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 100 % Say it's dog friendly

  • 100 % Say streets are well-lit

  • 100 % Say there are sidewalks

  • 88 % Say it's walkable to grocery stores

  • 86 % Say kids play outside

  • 86 % Say there's holiday spirit

  • 85 % Say car is needed

  • 82 % Say people would walk alone at night

  • 77 % Say neighbors are friendly

  • 68 % Say it's quiet

  • 68 % Say yards are well-kept

  • 62 % Say it's walkable to restaurants

  • 56 % Say there are community events

  • 53 % Say there's wildlife

  • 35 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "it's a beautiful neighborhood, been here since 2017. I recommend it for families as they have a great pool and water slide center in the neighborhood."
    0
    Flag
  • Jeremiahrmead
    "Have movies at the park for families. And the ride around on a hay wagon when trick or treating. They have meet and greet bbqs as well."
    0
    Flag
  • Latte J.
    "The streets are cluttered with cars all day and overnight. The HOA does NOTHING. If it wasnt for the cars parked at the renters house on the corner, this would be a very nice place to live. "
    0
    Flag
  • Latte J.
    "The HOA neighborhood does not enforce keeping excess cars off the street making it difficult to drive through. "
    0
    Flag
  • Santosbueno
    "The HOA doesn’t even let you park on the road in front of your house for like an hour because you will get a ticket and get fined "
    0
    Flag
  • Elijah L.
    "Great neighborhood for last 9 years. Move here from a Texas neighborhood and the difference was awesome. Friendly neighbors and great community events. "
    3
    Flag

Market trends in Gilbert

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

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
3532 E PENEDES Drive, Gilbert, AZ
0.04
Single-Family Home
$865,000
06/29/26
4
3.5
3,575
5662 S SHELBY Way, Gilbert, AZ
0.08
Single-Family Home
$875,000
08/27/26
4
2.5
3,095
3510 E ORLEANS Drive, Gilbert, AZ
0.15
Single-Family Home
$850,000
02/17/26
3
3.5
2,843
3394 E TIFFANY Court, Gilbert, AZ
0.16
Single-Family Home
$635,000
09/08/25
5
3
2,972
3641 E NARROWLEAF Drive, Gilbert, AZ
0.24
Single-Family Home
$785,000
07/30/26
4
2.5
2,941
5774 S SETON Avenue, Gilbert, AZ
0.37
Single-Family Home
$700,000
08/28/26
4
3.5
3,351
3421 E PLUM Street, Gilbert, AZ
0.30
Single-Family Home
$729,900
08/06/26
4
3
2,919
3710 E BLUE SPRUCE Lane, Gilbert, AZ
0.31
Single-Family Home
$800,000
02/19/26
4
2.5
2,941
3338 E COCONINO Drive, Gilbert, AZ
0.39
Single-Family Home
$710,000
05/04/26
4
3.5
3,347

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
3522 E PENEDES Drive, Gilbert, AZ 85298
0.03
$781,500
4
3
3,095
Off Market
3532 E PENEDES Drive, Gilbert, AZ 85298
0.04
$865,000
4
3.5
3,575
Recently Sold
3556 E TIFFANY Way, Gilbert, AZ 85298
0.09
$885,900
4
2.5
3,095
Off Market
5662 S SHELBY Way, Gilbert, AZ 85298
0.08
$875,000
4
2.5
3,095
Recently Sold
5651 S Fawn Avenue, Gilbert, AZ 85298
0.10
$1,029,100
5
5
4,289
Off Market
5665 S INEZ Court, Gilbert, AZ 85298
0.11
$637,000
3
2
1,893
Off Market
3502 E IRONSIDE Lane, Gilbert, AZ 85298
0.11
$773,300
4
4
2,843
Off Market
5693 S FAWN Avenue, Gilbert, AZ 85298
0.13
$1,012,600
5
4.5
4,289
Off Market
3560 E IRONSIDE Lane, Gilbert, AZ 85298
0.14
$860,700
3
3.5
2,843
Off Market
5626 S INEZ Court, Gilbert, AZ 85298
0.13
$510,000
3
2
2,079
Recently Sold
5727 S HEMET Street, Gilbert, AZ 85298
0.14
$660,000
3
2
2,079
For Sale
3393 E PENEDES Drive, Gilbert, AZ 85298
0.14
$599,000
4
2
2,079
For Sale

Price and Tax history

DateEventPrice
Aug 29, 2026
Source: ARMLS #7020147
Pending
$749,000
Jul 9, 2026
Source: ARMLS #7020147
PriceChange
$749,000
Price decreased by 2%
Jun 22, 2026
Source: ARMLS #7020147
PriceChange
$764,000
Price decreased by 2%
May 28, 2026
Source: ARMLS #7020147
PriceChange
$779,000
Price decreased by 3%
May 8, 2026
Source: ARMLS #7020147
PriceChange
$799,000
Price decreased by 3%

LGBTQ Local Legal Protections

Michael Hatch, Realty ONE Group
Agent Phone: (480) 236-6483

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Frequently asked questions about 3500 E PENEDES Drive

  • What is the estimated monthly payment for 3500 E PENEDES Drive?
    Based on a $749,000 list price with 20% down at today's rates, the estimated monthly payment for 3500 E PENEDES Drive in Gilbert, AZ is approximately $4,297 (about $3,966 principal & interest, $256 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 3500 E PENEDES Drive compare to homes in Gilbert?
    3500 E PENEDES Drive in Gilbert, AZ is listed at $749,000, about 31% above the $574K median sale price in Gilbert.
  • What do residents say about the Marbella Vineyards neighborhood?
    Residents describe the Marbella Vineyards neighborhood in Gilbert, AZ as easy to park in, dog-friendly, and pedestrian-friendly. See homes for sale in Marbella Vineyards, Gilbert.
  • What are the closest schools to 3500 E PENEDES Drive?
    The closest schools to 3500 E PENEDES Drive in Gilbert, AZ are Dr. Camille Casteel High School (Middle, rated 7/10), Dr. Gary and Annette Auxier Elementary School (Pre-K, rated 8/10).
  • Does 3500 E PENEDES Drive have air conditioning?
    Yes, 3500 E PENEDES Drive in Gilbert, AZ has air conditioning.
  • Does 3500 E PENEDES Drive have a pool?
    Yes, 3500 E PENEDES Drive in Gilbert, AZ has a pool.
3500 E PENEDES Drive, Gilbert, AZ 85298 is a 4 bedroom, 5 bathroom, 2,921 sqft single-family home built in 2016. 3500 E PENEDES Drive is located in Marbella Vineyards, Gilbert. This property is currently available for sale and was listed by ARMLS on Apr 28, 2026. The MLS # for this home is MLS# 7020147.