3948 E Morrison Ranch --
Gilbert, AZ 85296
Lakeview Trails- 4 Beds
- 3 Baths
- 3,111 sqft
4 Beds
3 Baths
3,111 sqft
Home Value
Trulia Estimate
$862KSince last month
Increased$11K (+1.3%)Since last year
Increased$44K (+5.4%)Since last sale
Increased$504K (+142.1%)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 decreased by -5% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $859K |
| July 2026 | $848K |
| June 2026 | $847K |
| May 2026 | $859K |
| April 2026 | $875K |
| March 2026 | $820K |
| February 2026 | $918K |
| January 2026 | $861K |
2025 | |
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 |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | $668,000 | 06/24/26 | 4 | 2.5 | 2,416 | |
0.01 | Single-Family Home | $975,000 | 06/12/26 | 4 | 3.5 | 3,496 | |
0.14 | Single-Family Home | $680,000 | 04/22/26 | 4 | 3 | 2,195 | |
0.18 | Single-Family Home | $885,000 | 06/26/26 | 4 | 3 | 3,108 | |
0.12 | Single-Family Home | $749,100 | 01/21/26 | 4 | 3.5 | 3,430 | |
0.05 | Single-Family Home | $1,375,000 | 06/09/26 | 5 | 3 | 3,038 | |
0.21 | Single-Family Home | $814,000 | 04/30/26 | 4 | 2.5 | 3,868 | |
0.14 | Single-Family Home | $650,000 | 04/30/26 | 3 | 2.5 | 2,178 | |
0.21 | Single-Family Home | $775,000 | 03/20/26 | 5 | 3 | 3,242 | |
0.24 | Single-Family Home | $889,000 | 07/16/26 | 4 | 2.5 | 3,357 |
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 |
|---|---|---|---|---|---|---|
0.05 | $899,000 | 4 | 2.5 | 2,416 | For Sale | |
0.01 | $975,000 | 4 | 3.5 | 3,496 | Recently Sold | |
0.05 | $1,375,000 | 5 | 3 | 3,038 | Recently Sold | |
0.09 | $400,300 | 3 | 2 | 1,466 | Off Market | |
0.09 | $347,400 | 3 | 2 | 1,136 | Off Market | |
0.08 | $649,900 | 4 | 2 | 2,165 | For Sale | |
0.13 | $1,025,500 | 5 | 3 | 3,964 | Off Market | |
0.13 | $859,400 | 5 | 3 | 3,100 | Off Market | |
0.13 | $827,100 | 4 | 3 | 2,735 | Off Market | |
0.10 | $727,100 | 4 | 2.5 | 2,449 | Off Market | |
0.12 | $889,500 | 5 | 4 | 3,338 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2008
Living Area
3,111 sqft
Price/Sqft
$277
Parking
Garage
About this House
**NEW HOME, NEVER LIVED IN**
3948 E Morrison Ranch --, Gilbert, AZ 85296 is a 4 bedroom, 3 bathroom, 3,111 sqft single-family home in Lakeview Trails, built in 2008. It last sold for $355,000 on Aug 22, 2008 (7% below the $379,990 asking price). It is currently off market. The Trulia Estimate is $861,800, with a rent estimate of $3,321/month.
Last check for updates: about 22 hours ago
Listed by Marshall Cleveland, (602) 526-6500
Builder's Realty
Bought with: Patty Jo Diamond, Berkshire Hathaway HomeServices Arizona Properties
Source: ARMLS, MLS#2967406

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Home Details for 3948 E Morrison Ranch --
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 3111 Square Feet |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Spa: None |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2 |
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Exterior Home Features Roof: TilePatio / Porch: CoveredFencing: BlockNo Private Pool |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageParking Spaces: 3Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 130 |
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Year Built Year Built: 2008 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Stucco, Wood Frame, Painted |
Property Information Parcel Number: 30419389Model Home Type: Catalina |
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Price List Price: $379,990 |
Status Change & Dates Off Market Date: Fri Aug 15 2008Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: GilbertCommunity: Morrison Ranch Lake View Trails |
School Information Elementary School District: Gilbert Unified DistrictHigh School District: Deer Valley Unified District |
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Building Details Builder Name: Taylor Morrison |
Building Area Building Area: 3111 Square Feet |
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Community Features: Lake |
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HOA Fee Includes: Maintenance GroundsHas an HOA |
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Listing Terms: Conventional |
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Energy Efficiency Features: Multi-Pane Wndws, Multi-Zones |
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Business Information Ownership: Fee Simple |
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Mls Number: 2967406 |
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Lake |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 22, 2008 Source: ARMLS #2967406 | Sold | $355,000 |
Market trends in Gilbert
Last updated July 2026
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 Lakeview Trails
At least 10 Trulia users voted on each feature.
94 % Say it's dog friendly
92 % Say parking is easy
90 % Say car is needed
89 % Say there's holiday spirit
88 % Say kids play outside
87 % Say it's quiet
86 % Say yards are well-kept
82 % Say there are sidewalks
79 % Say people would walk alone at night
76 % Say streets are well-lit
64 % Say it's walkable to grocery stores
59 % Say there are community events
58 % Say they plan to stay for at least 5 years
56 % Say neighbors are friendly
38 % Say there's wildlife
29 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Frequently asked questions about 3948 E Morrison Ranch --
- What is 3948 E Morrison Ranch -- estimated to be worth?Trulia's estimated value for 3948 E Morrison Ranch -- in Gilbert, AZ is $861,800.
- What is the price history for 3948 E Morrison Ranch --?3948 E Morrison Ranch -- in Gilbert, AZ last sold for $355,000 in August 2008.
- 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 3948 E Morrison Ranch -- have air conditioning?Yes, 3948 E Morrison Ranch -- in Gilbert, AZ has air conditioning.
- Does 3948 E Morrison Ranch -- have a garage?Yes, 3948 E Morrison Ranch -- in Gilbert, AZ has a garage.