4048 E Lexington Ave
Gilbert, AZ 85234
Highland Groves At Morrison Ranch- 5 Beds
- 3 Baths
- 3,098 sqft
5 Beds
3 Baths
3,098 sqft
Local Information
-- mins to
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
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Heating & Cooling Heating: OtherAir ConditioningCooling System: RefrigeratorHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 2 |
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Exterior Home Features Roof: TileExterior: WoodPatio |
Parking & Garage GarageParking Spaces: 3Parking: Garage Attached |
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Year Built Year Built: 2007 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 6600 sqft |
Price History for 4048 E Lexington Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 10/10/2011 | $260,100 | Sold | ARMLS #4621876 |
| 08/02/2011 | $248,200 | Listed For Sale | Agent Provided |
| 08/02/2011 | $2,300 | ListingRemoved | Agent Provided |
| 06/14/2011 | $2,300 | Listed For Rent | Agent Provided |
| 11/19/2007 | $372,524 | Sold | ARMLS #2857660 |
Market trends in Gilbert
Last updated June 2026
Avg. sale price
$569K
$3.33KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$279
$1MoM
Available listings
1121
48MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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 |
Nearby homes
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These are the assigned schools for 4048 E Lexington Ave.
What Locals Say about Highland Groves At Morrison Ranch
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