3942 E Penedes Dr, Gilbert, AZ 85298
OFF MARKET

$1,869,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 3,094 sqft (on 0.28 acres)

3942 E Penedes Dr, Gilbert, AZ 85298

Est. Refi. Payment $10,455/mo*
Refinance Your Home
Currently Off Market - Sold Oct 23, 2025 for $1,855,967

Home Value

Trulia Estimate
$1.87M
Since last month
Increased$18K (+0.9%)
Since last year
Increased$20K (+1.1%)
Since last sale
Increased$17K (+0.9%)
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 +53% in the last 10 years
MonthEstimated value
2026
August 2026$1.87M
August 2026$1.87M
July 2026$1.86M
June 2026$1.85M
May 2026$1.84M
April 2026$1.83M
March 2026$1.84M
February 2026$1.85M
January 2026$1.85M
2025
2024
2023
2022

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
5743 S JOSHUA TREE Lane, Gilbert, AZ
0.14
Single-Family Home
$2,000,000
07/15/26
4
4.5
3,938
3700 E BLUE SPRUCE Lane, Gilbert, AZ
0.33
Single-Family Home
$765,000
06/10/26
3
2
2,478
3728 E NARROWLEAF Drive, Gilbert, AZ
0.33
Single-Family Home
$760,000
12/29/25
3
2.5
2,941
3964 E PENEDES Drive, Gilbert, AZ
0.04
Single-Family Home
$2,040,000
06/15/26
5
5.5
4,039
3691 E NARROWLEAF Drive, Gilbert, AZ
0.35
Single-Family Home
$790,000
05/07/26
3
2.5
2,941
3681 E NARROWLEAF Drive, Gilbert, AZ
0.36
Single-Family Home
$775,000
01/29/26
3
2.5
2,941
18133 E SILVER CREEK Lane, Queen Creek, AZ
0.34
Single-Family Home
$1,295,000
07/27/26
4
4.5
3,714
4033 E NARROWLEAF Drive, Gilbert, AZ
0.23
Single-Family Home
$615,000
06/09/26
3
2
2,114
3904 E CAROB Drive, Gilbert, AZ
0.43
Single-Family Home
$1,200,000
05/22/26
4
3
2,912

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
5671 S JOSHUA TREE Lane, Gilbert, AZ 85298
0.06
$1,666,800
4
5
3,701
Off Market
3927 E BLUE SPRUCE Lane, Gilbert, AZ 85298
0.09
$475,000
4
3
1,940
Recently Sold
5695 S Loback Lane, Gilbert, AZ 85298
0.07
$1,490,900
4
5
3,701
Off Market
3940 E BLUE SPRUCE Lane, Gilbert, AZ 85298
0.12
$569,000
5
3
2,989
For Sale
3912 E BLUE SPRUCE Lane, Gilbert, AZ 85298
0.13
$675,000
5
3
2,905
For Sale
3911 E SOURWOOD Drive, Gilbert, AZ 85298
0.15
$475,000
5
3
1,940
Recently Sold
5556 S HAWTHORN Street, Gilbert, AZ 85298
0.17
$546,400
2
2
1,917
Off Market
5554 S HAWTHORN Street, Gilbert, AZ 85298
0.17
$602,900
2
2
1,917
Off Market
5743 S JOSHUA TREE Lane, Gilbert, AZ 85298
0.14
$2,000,000
4
4.5
3,938
Recently Sold
5755 S JOSHUA TREE Lane, Gilbert, AZ 85298
0.15
$2,525,300
4
5
3,938
Off Market
3938 E SOURWOOD Drive, Gilbert, AZ 85298
0.17
$664,900
5
3
2,905
Recently Sold
3914 E SOURWOOD Drive, Gilbert, AZ 85298
0.18
$541,600
5
3
1,940
Off Market

Local Information

  • Map ViewExplore the area around 3942 E Penedes Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2023
Lot Size
0.28 acres
Living Area
3,094 sqft
Price/Sqft
$604

About this House

Beautiful to be built home on a large home site! This home features 3,094 square feet with three large bedrooms, 3.5 bathrooms and a Den. Primary bath includes two sinks, separate free-standing tub and tiled, walk-in shower with a spacious walk-in closet. Two other bedrooms also have their own bathroom and walk-in closets. Amazing list of standard features include wood floors in main living areas, carpet in bedrooms and 18'' x 18'' tile in laundry and bathrooms. 42'' shaker style cabinetry and granite counters, Wolf(r) built-in appliances and stainless steel kitchen sink. Three car tandem garage with automatic garage door opener, stylish paver driveway and walkways. Too many to list, so please ask for a full list of included features!
3942 E Penedes Dr, Gilbert, AZ 85298 is a 3 bedroom, 2 bathroom, 3,094 sqft single-family home built in 2023. It last sold for $1,855,967 on Oct 23, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,869,700, with a rent estimate of $4,792/month.

Home Details for 3942 E Penedes Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 2023
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.28 acres

Price and Tax history

DateEventPrice
Mar 17, 2026
Source: ARMLS #6437880
ListingRemoved
$1,294,900
Oct 23, 2025
Source: N/A
Sold
$1,855,967
Mar 19, 2025
Source: Camelot Homes
PriceChange
$2,695,000
Price decreased by 4%
Dec 9, 2024
Source: Camelot Homes
PriceChange
$2,795,000
Price decreased by 3%
Oct 2, 2024
Source: Camelot Homes
PriceChange
$2,895,000
Price increased by 124%

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

Around this home

What Locals Say about Gilbert

At least 1898 Trulia users voted on each feature.

  • 93 % Say there are sidewalks

  • 93 % Say it's dog friendly

  • 89 % Say car is needed

  • 84 % Say people would walk alone at night

  • 82 % Say parking is easy

  • 81 % Say there's holiday spirit

  • 80 % Say streets are well-lit

  • 78 % Say kids play outside

  • 75 % Say it's quiet

  • 75 % Say yards are well-kept

  • 56 % Say neighbors are friendly

  • 53 % Say they plan to stay for at least 5 years

  • 48 % Say it's walkable to restaurants

  • 47 % Say it's walkable to grocery stores

  • 37 % Say there are community events

  • 28 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Beautiful scenery. Seville is an amazing community full of homeowners who truly care about others in the neighborhood. "
    0
    Flag
  • Carole Charles
    "The Club House is a great place for Venues, Relaxing in the pool, Play and Exercising in the Gym."
    0
    Flag
  • H8t5jwyhdd
    "It’s a great place for kids to make friends and play. It’s safe and walkable with quite a bit to do around and near the neighborhood. "
    0
    Flag
  • Cathinthesun
    "We love Finley Farms so much that after living in FF South for over 10 years, we moved to FF North to be a little closer to the school and so that we could have a bigger property with a pool. We've lived in the newer house for about 15 years. Many of our neighbors have become extended family. "
    0
    Flag
  • Cathinthesun
    "Many people like to walk their dogs on the local sidewalks. There are poop stations along some of the paths."
    0
    Flag
  • Andrew Bruce
    "Early morning commute and traffic usually flows well all the way to work in East Mesa. On occasion traffic infractions happen and traffic will back up rather quickly. "
    0
    Flag
  • Collins Appiah
    "No public transportation. Need to own a car to commute from here to places. Very nice neighborhood and safe "
    0
    Flag
  • Andrew Bruce
    "Gilbert is a great place to live, it is a little more hectic and loud if you live close to the 60 but it isn’t horrible. "
    0
    Flag
  • Dee Peseri
    "No comment Gilbert is a nice community and needs slower mph limits on roads to keep our young community safer"
    0
    Flag
  • Ninabrannock
    "We built our house in 1999, before the 202 and the mall. Even though it’s grown, it still seems small town."
    0
    Flag
  • David kesling
    "Lived in this neighborhood for 8 years and love it! Great neighbors and plenty to do close to the neighborhood! "
    0
    Flag
  • Yorgabianca
    "Nicest area ive lived in. Very affordable area with nice parks, cute neighborhoods and courteous people"
    0
    Flag
  • Emma Adarlo
    "We have Christmas bazaar,during Christmas season, food bags for the less fortunate, food trucks during spring outdoor movies, etc"
    1
    Flag
  • Shannon Bradshaw
    "You see people walking their dog all the time. People generally pick up after the dogs. I never see dog poop in the neighborhood. "
    0
    Flag
  • Kyley Chesley
    "Many trash cans w/doggie bags around the neighborhoods. Tons of dogs and areas for them to run around off leash as well. "
    0
    Flag
  • Garrets.accord-0f
    "We’ve been here for 9 years and its pretty peaceful and not much traffic noise. You hear the train daily in the distance though its up against the neighborhood and they usually obey by not blowing horn close by. Farmers market is every weekend in downtown Gilbert plus theres plans to build more small retail as most places are restaurants. "
    0
    Flag
  • Collins Appiah
    "We have community bbq, movie nights, games and sports on the community park. There are plenty of side walks that allow people to walk and bike in the neighborhood."
    0
    Flag
  • Tm2ndff27t
    "Pool parties, holiday events & participation. Community yard sales, block parties friendly neighbors "
    0
    Flag
  • 7myk5rsxfq
    "Very nice. Quiet bit close proximity to shopping, restaurants and entertainment. Home values appreciate well in the area "
    0
    Flag
  • Collins Appiah
    "I have lived here for 16 years. I love the community. Very safe and kid friendly. There are restaurants and grocery stores nearby. "
    0
    Flag
  • Collins Appiah
    "Nice neighborhood. No public transportation. Nicely maintained parks. Great place to live.i will live here any time "
    0
    Flag
  • Aud Clouds
    "There’s lots of kids on motorized bikes and small motorcycles in the neighborhood which is fine but some of the kids drive reckless and it can end dangerously for kids and pedestrians. Parents need to teach their kids to be more safety conscious. "
    0
    Flag
  • M.manganaro
    "This is Not a great neighborhood for kids/young families. While there are a few here it is mainly older people, families where the kids just left the nest or are leaving very soon and young professionals/couples with no kids. "
    0
    Flag
  • 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."
    2
    Flag
  • Molly Hernandez
    "We love our neighborhood! It’s safe and quiet. The community is well maintained and taken care of. "
    0
    Flag
  • Janice Quackenbush
    "This is a great neighborhood. My mother in law and father in law were one of the first families to have a home bully here. It was built in late 1996. My father in law passed away just over a year ago and my husband and I moved here from Las Vegas to take care of my mother in law. We have a few neighbors that have become great friends that also purchased and had their homes built shortly after this home was built. Our new neighbors are wonderful as well and have become more like family than friends/neighbors. "
    1
    Flag
  • Beatrembath
    "Nice neighborhood for (growing) families. Lots of families, parks, pools, walking trails, amenities. "
    0
    Flag
  • Dallas Cagle
    "I love spending time with neighbors and going to fun events. We love long conversations and backyard hang outs. "
    0
    Flag
  • Beautyinaz1
    "I work from home. When I worked in Scottsdale it was an extra 25 minutes for traffic. A total of 50-55 minutes on a typical day commute. "
    0
    Flag
  • Trulia User
    "We have community garage sales, dances, and several Holiday golf cart parades throughout the year . "
    1
    Flag
  • Trulia User
    "Very dog friendly with lots of park space and trails. I don’t see much dog poop in the public spaces. "
    0
    Flag
  • Trulia User
    "very quiet neighborhood and the rent is very good and I will let you know when I get home and I will let you know when I get back."
    0
    Flag
  • Trulia User
    "nicer than expected. everyone is super friendly everybody is polite and waves, they're not overly talkative. the kids are respectful they get out of the road when they see you coming. the HOA puts on community events and they're fun. I truly do like this neighborhood. "
    1
    Flag
  • Trulia User
    "Good walking paths and a lot of dog Owners. Several veterinarian offices nearby. Stands with a supply of refuse bags"
    0
    Flag
  • Trulia User
    "Lived here for over 25 years neighbors are friendly respectful quiet. Homes well maintained. Homes are in a high demand area easy to sell "
    0
    Flag
  • Trulia User
    "Dogs welcome nice dogs access to multiple sidewalks. Lots of pit stops along the way for your dog and yourself "
    0
    Flag
  • Trulia User
    "Too many rentals with random barking dogs constantly! The community property is not kept up. Yards are very small. "
    0
    Flag
  • Trulia User
    "My favorite part about the neighborhood is the access to the bike trail system. It allows me to bike and walk my dog to many places. I’ve lived in Gilbert for over 20 years - This is my second house I’ve purchased in Gilbert & I love this area. "
    0
    Flag
  • Trulia User
    "We moved in March 2021 to Gilbert, AZ and so far we like it. People are nice & friendly. What we don’t like is the crazy driving habits on side streets — like freeway driving — it’s risky and you hear accidents on the news each day!!! "
    2
    Flag
  • 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

LGBTQ Local Legal Protections

Frequently asked questions about 3942 E Penedes Dr

  • What is 3942 E Penedes Dr estimated to be worth?
    Trulia's estimated value for 3942 E Penedes Dr in Gilbert, AZ is $1,869,700.
  • What is the price history for 3942 E Penedes Dr?
    3942 E Penedes Dr in Gilbert, AZ last sold for $1,855,967 in October 2025.
  • 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.
  • How big is the lot at 3942 E Penedes Dr?
    The lot at 3942 E Penedes Dr in Gilbert, AZ is about 0.28 acres (12,373 sq ft).

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