4240 E Morrison Ranch Pkwy, Gilbert, AZ 85296
Property image
Property image
OFF MARKET

$807,900

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 2,345 sqft

4240 E Morrison Ranch Pkwy, Gilbert, AZ 85296

Elliot Groves At Morrision Ranch
Est. Refi. Payment $4,668/mo*
Refinance Your Home
Currently Off Market - Sold Oct 10, 2018 for $446,000

Home Value

Trulia Estimate
$808K
Since last month
Decreased$13K (-1.6%)
Since last year
Increased$4K (+0.5%)
Since last sale
Increased$362K (+81.1%)
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 increased by +89% in the last 10 years
MonthEstimated value
2026
September 2026$808K
August 2026$821K
July 2026$809K
June 2026$818K
May 2026$817K
April 2026$822K
March 2026$820K
February 2026$820K
January 2026$810K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
4152 E MARLENE Drive, Gilbert, AZ
0.12
Single-Family Home
$746,250
09/26/25
3
2.5
2,347
4118 E MARLENE Drive, Gilbert, AZ
0.17
Single-Family Home
$680,000
07/29/26
3
2.5
2,195
4245 E WASHINGTON Court, Gilbert, AZ
0.27
Single-Family Home
$548,750
03/06/26
3
2.5
2,146
4229 E MESQUITE Street, Gilbert, AZ
0.21
Single-Family Home
$599,000
05/05/26
3
3
1,909
4261 E AMBER Lane, Gilbert, AZ
0.16
Single-Family Home
$660,000
08/13/26
4
2.5
2,416
3959 E MORRISON RANCH Parkway, Gilbert, AZ
0.35
Single-Family Home
$668,000
06/24/26
4
2.5
2,416
4054 E Marlene Drive, Gilbert, AZ
0.24
Single-Family Home
$680,000
04/22/26
4
3
2,195
4268 E COMSTOCK Drive, Gilbert, AZ
0.16
Single-Family Home
$949,800
11/03/25
4
3
3,072
4197 E RAWHIDE Street, Gilbert, AZ
0.27
Single-Family Home
$645,000
09/30/25
3
3
1,909
4330 E PALO VERDE Street, Gilbert, AZ
0.14
Single-Family Home
$735,000
04/20/26
4
2.5
3,072

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
4260 E PALO VERDE Street, Gilbert, AZ 85296
0.07
$842,200
4
2.5
2,877
Off Market
4268 E PALO VERDE Street, Gilbert, AZ 85296
0.08
$700,000
4
3.5
3,077
Recently Sold
4292 E MORRISON RANCH Parkway, Gilbert, AZ 85296
0.07
$1,131,000
5
4.5
4,242
Recently Sold
4290 E PALO VERDE Street, Gilbert, AZ 85296
0.09
$555,000
4
2
1,706
Recently Sold
4226 E MARLENE Drive, Gilbert, AZ 85296
0.04
$1,080,600
5
4
3,628
Off Market
4253 E PALO VERDE Street, Gilbert, AZ 85296
0.10
$666,100
4
4
2,877
Off Market
4237 E SIERRA MADRE Avenue, Gilbert, AZ 85296
0.06
$1,218,600
4
4
4,191
Off Market
4330 E PALO VERDE Street, Gilbert, AZ 85296
0.14
$735,000
4
2.5
3,072
Recently Sold
4346 E PALO VERDE Street, Gilbert, AZ 85296
0.15
$885,000
4
3.5
3,156
Recently Sold
4290 E SIERRA MADRE Avenue, Gilbert, AZ 85296
0.11
$1,000,800
4
3
3,072
Off Market
4261 E AMBER Lane, Gilbert, AZ 85296
0.16
$660,000
4
2.5
2,416
Recently Sold
4167 E SIERRA MADRE Avenue, Gilbert, AZ 85296
0.11
$845,000
4
3.5
3,088
Recently Sold

Local Information

  • Map ViewExplore the area around 4240 E Morrison Ranch Pkwy.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2015
2,345 sqft
$345/sqft
Garage

About this House

Welcome home! Highly sought after 2,345 sq/ft single story home on an oversized lot in Elliot Groves - Morrison Ranch. This spacious & impeccably maintained home is not only loaded with UPGRADES GALORE but also has a gorgeous open floor plan with 3 bedrooms, 3 baths and a den that could be converted to a 4th bedroom. Entertain guests in your dream kitchen with a gas cooktop, gigantic kitchen island, granite countertops, and stainless steel appliances. The Master Retreat opens to the back patio and features a large walk-in closet, an oversized shower, and double sinks. The backyard is a dream with your own private pool, covered patio, large artificial grass area and more! All of this on an oversized 9,100 square foot lot with 3 car tandem garage. Must-see home with over $85,000 in upgrades!
4240 E Morrison Ranch Pkwy, Gilbert, AZ 85296 is a 3 bedroom, 3 bathroom, 2,345 sqft single-family home in Elliot Groves At Morrision Ranch, built in 2015. It last sold for $446,000 on Oct 10, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $807,900, with a rent estimate of $3,387/month.

Home Details for 4240 E Morrison Ranch Pkwy

Interior Features

Heating & Cooling
Heating: GasAir ConditioningCooling System: RefrigeratorHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Interior Details
Types of Rooms: Dining RoomCeiling Fan
Appliances & Utilities
DishwasherMicrowave

Exterior Features

Exterior Home Features
Roof: TileExterior: OtherPatio
Pool
Pool
Parking & Garage
GarageParking Spaces: 5Parking: Garage Attached

Property Information

Year Built
Year Built: 2015
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 9099 sqft

Price and Tax history

DateEventPrice
Oct 10, 2018
Source: ARMLS #5812857
Sold
$446,000
Sep 18, 2018
Source: Agent Provided
Pending
$446,000
Aug 31, 2018
Source: Agent Provided
PriceChange
$446,000
Price increased by 4%
Aug 29, 2018
Source: Agent Provided
Listed For Sale
$429,900
Sep 29, 2015
Source: N/A
Sold
$402,013

Market trends in Gilbert

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$575K
$1.5KMoM
Sale-to-List Price
98.8%
0.1%MoM
Price per sq ft
$279
$0MoM
Available listings
1109
4MoM

Around this home

Neighborhood Overview

Elliot Groves At Morrision Ranch
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Elliot Groves At Morrision Ranch

At least 17 Trulia users voted on each feature.

  • 100 % Say there are sidewalks

  • 92 % Say there's holiday spirit

  • 89 % Say people would walk alone at night

  • 83 % Say car is needed

  • 81 % Say it's dog friendly

  • 81 % Say kids play outside

  • 80 % Say yards are well-kept

  • 80 % Say streets are well-lit

  • 71 % Say parking is easy

  • 67 % Say it's quiet

  • 65 % Say they plan to stay for at least 5 years

  • 58 % Say there are community events

  • 56 % Say neighbors are friendly

  • 35 % Say it's walkable to grocery stores

  • 15 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Brian M.
    "There are plenty of trails and parks to take your dog and there are no strays. Dog walkers are respectful of families on sidewalks. "
    0
    Flag
  • Brian M
    "All the neighbors are family friendly and the area is beautiful. It's the safest place to live and very quiet."
    0
    Flag
  • Jjm92714
    "Morrison Ranch has white picket fences surrounding the community. There is a lot of grass in the community that uses reclaimed water. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4240 E Morrison Ranch Pkwy

  • What is 4240 E Morrison Ranch Pkwy estimated to be worth?
    Trulia's estimated value for 4240 E Morrison Ranch Pkwy in Gilbert, AZ is $807,900.
  • What is the price history for 4240 E Morrison Ranch Pkwy?
    4240 E Morrison Ranch Pkwy in Gilbert, AZ last sold for $446,000 in October 2018.
  • 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 $575K. That is up $1.5K from the prior month.
  • Does 4240 E Morrison Ranch Pkwy have air conditioning?
    Yes, 4240 E Morrison Ranch Pkwy in Gilbert, AZ has air conditioning.
  • Does 4240 E Morrison Ranch Pkwy have a pool?
    Yes, 4240 E Morrison Ranch Pkwy in Gilbert, AZ has a pool.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

222 rentals with an outdoor space in Gilbert, AZ

Apartments for Rent

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Off Market Homes Near 4240 E Morrison Ranch Pkwy

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