4048 E  Lexington Ave, Gilbert, AZ 85234
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Property image
OFF MARKET

4048 E Lexington Ave
Gilbert, AZ 85234

Highland Groves At Morrison Ranch
  • 5 Beds
  • 3 Baths
  • 3,098 sqft

$659,800

Trulia Estimate
as of Jul 14, 2026
Est. Refi. Payment $3,605/mo*

$659,800

Trulia Estimate
as of Jul 14, 2026
Est. Refi. Payment $3,605/mo*
5 Beds
3 Baths
3,098 sqft

Local Information

  • Map ViewExplore the area around 4048 E Lexington Ave.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Rates 10++++ - CLEAN, FRESH, MANICURED, prestigious Morrison Ranch home lush green inviting front yard with sitting are, leading into a spacious formal room. Upgraded flooring with designer touches make it very special. Kitchen has SUPER UPGRADES with GRANITE, upgraded cabinetry, carpets and more. Central Vacuum, Pest control technology, extended patio, pavered yard, laundry cabinets, laundry sink, humongous master closet, epoxy coated garage, Pebble stones, undermount sink,downstairs has full bed and bath. Upstairs has a huge loft also. Backyard is professionally landscaped and is an entertainers paradise. Neighborhood has mesmerizing views of the Superstition Mountains in the background, the meandering walking trails that sweep past lakes and never ending seas of lush green.
4048 E Lexington Ave, Gilbert, AZ 85234 is a 5 bedroom, 3 bathroom, 3,098 sqft single-family home in Highland Groves At Morrison Ranch, built in 2007. It last sold for $260,100 on Oct 10, 2011. More recently, it was listed as a rental in June 2011 with an asking price of $2,300 per month. That rental listing was removed on August 2, 2011. It is currently off market. The Trulia Estimate is $659,800, with a rent estimate of $3,032/month.

Home Highlights

Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 4048 E Lexington Ave

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: RefrigeratorHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: TileExterior: WoodPatio
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 6600 sqft

Price History for 4048 E Lexington Ave

DatePriceEventSource
10/10/2011$260,100Sold
ARMLS #4621876
08/02/2011$248,200Listed For SaleAgent Provided
08/02/2011$2,300ListingRemovedAgent Provided
06/14/2011$2,300Listed For RentAgent Provided
11/19/2007$372,524Sold
ARMLS #2857660

Market trends in Gilbert

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$569K
$3.33K
MoM
Sale-to-List Price
98.9%
0.1%
MoM
Price per sq ft
$279
$1
MoM
Available listings
1121
48
MoM
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Property Tax and Assessment

Year2025
Tax$2,491
Assessment$532,600
Home facts updated by county records

Comparable Sales for 4048 E Lexington Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$666,500
04/20/26
5
3
2,734
0.09
Single-Family Home
$536,000
12/11/25
4
2.5
2,096
0.17
Single-Family Home
$730,000
02/18/26
4
2.5
3,026
0.18
Single-Family Home
$639,000
06/26/26
4
3
2,541
0.28
Single-Family Home
$600,000
11/21/25
5
3
3,705
0.22
Single-Family Home
$685,000
02/02/26
5
3
3,700
0.27
Single-Family Home
$720,000
03/02/26
4
2.5
2,978
0.27
Single-Family Home
$935,000
05/07/26
5
3
3,427
0.26
Single-Family Home
$720,000
02/10/26
4
3
2,562
0.27
Single-Family Home
$702,000
01/21/26
4
3
2,562

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Assigned Schools

These are the assigned schools for 4048 E Lexington Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Highland Groves At Morrison Ranch

  • Pearly
    "This neighborhood is extremely friendly and outgoing. If you have kids you couldn’t ask for a better neighborhood due to all the events they put on "
  • Megan E. T.
    "Lots of dogs in the area always walking around and all the dog owners always seem friendly. Never had an unpleasant dog experience here."
  • Jtwilliams352
    "easy access to many freeways. traftraffic is most good. courteous drivers too. nearby many restaurants and grocery stores. "

LGBTQ Local Legal Protections

Apartments for Rent

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Off Market Homes Near 4048 E Lexington Ave

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