3868 E Melrose St
Gilbert, AZ 85297
Power Ranch- 5 Beds
- 3 Baths
- 2,523 sqft
$543,200
as of Aug 23, 2026
$543,200
as of Aug 23, 2026
- 5 Beds
- 3 Baths
- 2,523 sqft
Home Highlights
Property Type
Single-Family Home
Living Area
2,523 sqft
Price/Sqft
$215
Parking
Garage
Local Information
-- mins to
About this House
Step into comfort and style with this stunning 5-bedroom, 3-bathroom single-family home nestled in the sought-after Power Ranch community of Gilbert, AZ. With over 2,500 square feet of beautifully upgraded living space, this home offers the perfect blend of luxury and functionalityideal for families seeking room to grow.
Enjoy a modern kitchen complete with a gas range, electric stove top, refrigerator, microwave, and dishwasherperfect for entertaining or casual family dinners. The home features multiple upgrades through outs with spacious bedrooms that offer a serene retreat, a cozy living area, and the convenience of an in-home washer and dryer.
Located close to top-rated schools, shopping, dining, and entertainment, this home places you in one of Gilbert's most desirable areas. As part of the award-winning Power Ranch community, you'll also have access to fantastic amenities, including a clubhouse and a refreshing pool. Equipped with 2-car garage with storage compartments and EV car charger
The photos are representative and from a previous listing. The property remains in similar condition.
5 Bedrooms | 3 Bathrooms | 2,523 Sq Ft
Unfurnished
Available to show starting May 16, 2025
Move-in ready by June 10, 2025
Preferred lease duration: 1 year or more
Don't miss outschedule your tour today and make this dream home yours!
Property will be leased unfurnished.
Security Deposit amount determined by the owner.
For each pet, there is a non-refundable move-in fee of $200 and monthly fee of $35.
What your Resident Benefits Package (RBP) includes for $45/month?
- $250,000 in Personal Liability Protection
- $20,000 in Personal Belongings Protection
- Credit Booster for On-time Payments
- 24/7 Live Agent Support & Lifestyle Concierge
- Accidental Damage & Lockout Reimbursement Credits
- And So Much More
Property is syndicated by Nomad as a courtesy to owner. Owner will conduct all correspondence and showings.
BEWARE OF SCAMS - Nomad will never ask you to pay any amount prior to applying and all payments are processed through our secure online tenant portal direct to Nomad.
Enjoy a modern kitchen complete with a gas range, electric stove top, refrigerator, microwave, and dishwasherperfect for entertaining or casual family dinners. The home features multiple upgrades through outs with spacious bedrooms that offer a serene retreat, a cozy living area, and the convenience of an in-home washer and dryer.
Located close to top-rated schools, shopping, dining, and entertainment, this home places you in one of Gilbert's most desirable areas. As part of the award-winning Power Ranch community, you'll also have access to fantastic amenities, including a clubhouse and a refreshing pool. Equipped with 2-car garage with storage compartments and EV car charger
The photos are representative and from a previous listing. The property remains in similar condition.
5 Bedrooms | 3 Bathrooms | 2,523 Sq Ft
Unfurnished
Available to show starting May 16, 2025
Move-in ready by June 10, 2025
Preferred lease duration: 1 year or more
Don't miss outschedule your tour today and make this dream home yours!
Property will be leased unfurnished.
Security Deposit amount determined by the owner.
For each pet, there is a non-refundable move-in fee of $200 and monthly fee of $35.
What your Resident Benefits Package (RBP) includes for $45/month?
- $250,000 in Personal Liability Protection
- $20,000 in Personal Belongings Protection
- Credit Booster for On-time Payments
- 24/7 Live Agent Support & Lifestyle Concierge
- Accidental Damage & Lockout Reimbursement Credits
- And So Much More
Property is syndicated by Nomad as a courtesy to owner. Owner will conduct all correspondence and showings.
BEWARE OF SCAMS - Nomad will never ask you to pay any amount prior to applying and all payments are processed through our secure online tenant portal direct to Nomad.
3868 E Melrose St, Gilbert, AZ 85297 is a 5 bedroom, 3 bathroom, 2,523 sqft single-family home in Power Ranch. It last sold for $537,800 on Aug 10, 2021 (17,827% above the $3,000 asking price). More recently, it was listed as a rental in May 2025 with an asking price of $3,000 per month. That rental listing was removed on May 29, 2025. It is currently off market. The Trulia Estimate is $543,200, with a rent estimate of $2,640/month.
Home Details for 3868 E Melrose St
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air |
Appliances & Utilities DishwasherDisposalMicrowave |
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Property Type / Style Property Type: Single Family Home |
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Lease Term: More Than One Year Lease,One Year LeaseAvailable: now |
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Pool Pool |
Parking & Garage GarageParking: Garage, On Site |
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Clubhouse |
Comparable Sales for 3868 E Melrose St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $600,000 | 05/26/26 | 5 | 3 | 2,610 sqft | |
0.12 | Single-Family Home | $433,000 | 10/10/25 | 4 | 3 | 2,327 sqft | |
0.04 | Single-Family Home | $482,500 | 09/08/25 | 3 | 3 | 2,174 sqft | |
0.19 | Single-Family Home | $529,000 | 03/31/26 | 4 | 2.5 | 2,112 sqft | |
0.09 | Single-Family Home | $460,000 | 05/28/26 | 3 | 2.5 | 2,174 sqft | |
0.16 | Single-Family Home | $529,900 | 05/19/26 | 3 | 2.5 | 2,174 sqft | |
0.27 | Single-Family Home | $480,000 | 07/30/26 | 5 | 3.5 | 2,260 sqft | |
0.28 | Single-Family Home | $459,000 | 06/24/26 | 4 | 3 | 2,166 sqft | |
0.14 | Single-Family Home | $529,900 | 08/27/25 | 4 | 2 | 1,674 sqft | |
0.35 | Single-Family Home | $505,000 | 02/27/26 | 4 | 2.5 | 2,112 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Around this home
What Locals Say about Power Ranch
At least 107 Trulia users voted on each feature.
99 % Say there are sidewalks
93 % Say it's dog friendly
93 % Say car is needed
90 % Say kids play outside
90 % Say there's holiday spirit
86 % Say people would walk alone at night
85 % Say streets are well-lit
82 % Say parking is easy
79 % Say yards are well-kept
77 % Say it's quiet
68 % Say they plan to stay for at least 5 years
62 % Say neighbors are friendly
52 % Say there's wildlife
52 % Say there are community events
44 % Say it's walkable to grocery stores
35 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 29, 2025 Source: Zillow Rentals | ListingRemoved | $3,000 |
May 7, 2025 Source: Zillow Rentals | Listed For Rent | $3,000 |
Aug 10, 2021 Source: ARMLS #6257813 | Sold | $537,800 |
Oct 24, 2018 Source: N/A | Sold | $336,000 |
Mar 28, 2007 Source: N/A | Sold | $280,152 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,379 | $437,200 |
Home facts updated by county records
Frequently asked questions about 3868 E Melrose St
- What is 3868 E Melrose St estimated to be worth?Trulia's estimated value for 3868 E Melrose St in Gilbert, AZ is $543,200.
- What is the price history for 3868 E Melrose St?3868 E Melrose St in Gilbert, AZ last sold for $537,800 in August 2021.
- 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 3868 E Melrose St have air conditioning?Yes, 3868 E Melrose St in Gilbert, AZ has air conditioning.
- Does 3868 E Melrose St have a pool?Yes, 3868 E Melrose St in Gilbert, AZ has a pool.
Homes for rent near 3868 E Melrose St
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.