4277 E Rainbow Dr, Gilbert, AZ 85297
Property image
Property image
OFF MARKET

$625,800

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 2,984 sqft

4277 E Rainbow Dr, Gilbert, AZ 85297

Power Ranch
Est. Refi. Payment $3,786/mo*
Refinance Your Home
Currently Off Market - Sold Jul 8, 2013 for $300,000

Home Value

Trulia Estimate
$626K
Since last month
Decreased$4K (-0.6%)
Since last year
Decreased$11K (-1.7%)
Since last sale
Increased$326K (+108.7%)
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 +88% in the last 10 years
MonthEstimated value
2026
September 2026$626K
September 2026$626K
August 2026$630K
July 2026$635K
June 2026$641K
May 2026$641K
April 2026$644K
March 2026$642K
February 2026$638K
January 2026$630K
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
4207 S COZY Way, Gilbert, AZ
0.09
Single-Family Home
$750,000
04/09/26
5
3
3,015
4238 E RAINBOW Drive, Gilbert, AZ
0.11
Single-Family Home
$599,000
07/29/26
5
3
2,520
4053 S SKYLINE Court, Gilbert, AZ
0.15
Single-Family Home
$670,000
10/23/25
5
3.5
3,115
4071 E SUNDANCE Court, Gilbert, AZ
0.34
Single-Family Home
$550,000
06/29/26
5
3
2,640
4130 E SUNDANCE Avenue, Gilbert, AZ
0.25
Single-Family Home
$615,000
11/24/25
4
2.5
2,640
4021 S DEW DROP Court, Gilbert, AZ
0.19
Single-Family Home
$535,000
02/26/26
4
3
1,765
4452 E MORENO Court, Gilbert, AZ
0.19
Single-Family Home
$430,000
12/18/25
4
2
1,698
4080 S BANDIT Court, Gilbert, AZ
0.27
Single-Family Home
$550,000
09/25/26
4
2.5
2,120
3942 S MANDARIN Way, Gilbert, AZ
0.32
Single-Family Home
$520,000
03/18/26
4
2.5
2,006
4352 E SANTA FE Court, Gilbert, AZ
0.29
Single-Family Home
$825,000
08/27/26
4
3
3,119

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
4267 E Rainbow Dr, Gilbert, AZ 85297
0.01
$601,400
4
2
2,240
Off Market
4347 E Cloudburst Ct, Gilbert, AZ 85297
0.03
$686,800
4
3
3,015
Off Market
4287 E Rainbow Dr, Gilbert, AZ 85297
0.03
$703,800
3
2.5
3,226
Off Market
4337 E Cloudburst Ct, Gilbert, AZ 85297
0.03
$584,600
Studio
3
2,379
Off Market
4257 E Rainbow Dr, Gilbert, AZ 85297
0.03
$564,700
4
2
2,150
Off Market
4278 E Rainbow Dr, Gilbert, AZ 85297
0.03
$614,100
4
4
2,900
Off Market
4288 E Rainbow Dr, Gilbert, AZ 85297
0.03
$593,700
5
2
2,349
Off Market
4157 S Cozy Way, Gilbert, AZ 85297
0.03
$675,100
4
2
2,379
Off Market
4268 E Rainbow Dr, Gilbert, AZ 85297
0.04
$654,700
5
4
3,115
Off Market
4327 E Cloudburst Ct, Gilbert, AZ 85297
0.04
$726,800
5
4
3,262
Off Market
4298 E Rainbow Dr, Gilbert, AZ 85297
0.04
$577,400
4
2
2,379
Off Market
4167 S Cozy Way, Gilbert, AZ 85297
0.04
$639,800
Studio
4
3,015
Off Market
4297 E Rainbow Dr, Gilbert, AZ 85297
0.04
$754,700
4
4
2,900
Off Market
4258 E Rainbow Dr, Gilbert, AZ 85297
0.04
$674,800
5
3
2,984
Off Market
4155 S Snowcap Dr, Gilbert, AZ 85297
0.05
$596,500
4
2
2,162
Off Market
4307 E Rainbow Dr, Gilbert, AZ 85297
0.05
$618,600
4
3
3,015
Off Market
4165 S Snowcap Dr, Gilbert, AZ 85297
0.05
$657,200
4
2
2,454
Off Market
4289 E Seasons Cir S, Gilbert, AZ 85297
0.05
$644,300
4
2.5
3,015
Off Market
4279 E Seasons Cir S, Gilbert, AZ 85297
0.05
$577,000
4
3
3,115
Off Market
4568 E Murrieta Rd #0, Gilbert, AZ 85297
0.06
$463,800
4
2
1,805
Off Market

Local Information

  • Map ViewExplore the area around 4277 E Rainbow Dr.
  • Schools1 Preschool School1 Elementary School3 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2002
2,984 sqft
$210/sqft
Garage

About this House

This home is priced to rent and won't be around for long. Apply now, while we make this home ready for you, or call to arrange a meeting with your local Progress Residential leasing specialist today. Interested in this home? You clearly have exceptional taste. Like all our homes, this one features: a great location in a desirable neighborhood, a comfortable layout with good-sized bedrooms and bathrooms, a great kitchen with plenty of counter and cabinet space, many updated and upgraded features, central HVAC and programmable thermostat, garage and a spacious yard, and it's pet friendly.

Call or click to schedule a tour or submit your application online at RentProgress.com today!

At Progress Residential we're here to serve you and make your time in the home as convenient as possible. We offer: a safe and secure online portal where you can place maintenance requests and pay online, multiple payment options, 24/7 Emergency maintenance response team available even on weekends, and well-maintained homes with regular preventative maintenance. Note: The listed amenities may not be accurate. Please consult with a Progress Residential leasing agent to confirm the property will meet your individual needs.
4277 E Rainbow Dr, Gilbert, AZ 85297 is a 5 bedroom, 3 bathroom, 2,984 sqft single-family home in Power Ranch, built in 2002. It last sold for $300,000 on Jul 8, 2013. More recently, it was listed as a rental in March 2020 with an asking price of $2,505 per month. That rental listing was removed on March 28, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $625,800, with a rent estimate of $2,899/month.

Home Details for 4277 E Rainbow Dr

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: RefrigeratorHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile
Interior Details
Number of Rooms: 8Types of Rooms: Walk In ClosetCeiling Fan
Appliances & Utilities
DishwasherMicrowave

Exterior Features

Exterior Home Features
Roof: TileExterior: StuccoPatio
Parking & Garage
GarageParking Spaces: 3Parking: Garage Detached

Property Information

Year Built
Year Built: 2002
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 7501 sqft

Price and Tax history

DateEventPrice
Mar 28, 2020
Source: Agent Provided
ListingRemoved
$2,505
Mar 25, 2020
Source: Agent Provided
Listed For Rent
$2,505
Feb 14, 2020
Source: Agent Provided
ListingRemoved
$2,445
Feb 12, 2020
Source: Agent Provided
PriceChange
$2,445
Price increased by 0%
Feb 7, 2020
Source: Agent Provided
Listed For Rent
$2,435

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

Power Ranch
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Power Ranch

At least 107 Trulia users voted on each feature.

  • 99 % Say there are sidewalks

  • 93 % Say it's dog friendly

  • 93 % Say car is needed

  • 90 % Say kids play outside

  • 90 % Say there's holiday spirit

  • 86 % Say people would walk alone at night

  • 85 % Say streets are well-lit

  • 82 % Say parking is easy

  • 79 % Say yards are well-kept

  • 77 % Say it's quiet

  • 68 % Say they plan to stay for at least 5 years

  • 62 % Say neighbors are friendly

  • 52 % Say there's wildlife

  • 52 % Say there are community events

  • 44 % Say it's walkable to grocery stores

  • 35 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Emma Adarlo
    "We have Christmas bazaar,during Christmas season, food bags for the less fortunate, food trucks during spring outdoor movies, etc"
    1
    Flag
  • Tm2ndff27t
    "Pool parties, holiday events & participation. Community yard sales, block parties friendly neighbors "
    0
    Flag
  • Beatrembath
    "Nice neighborhood for (growing) families. Lots of families, parks, pools, walking trails, amenities. "
    0
    Flag
  • Trulia User
    "they offer many different events throughout the year, movie night in the park, snow at Christmas, carnival, Bunco, crafts, etc."
    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
    "Lots of parks and nice walking paths. Several families strolling around on a good weather day. Feels like a secluded community but multiple restaurants and bars just a walk or bike ride away!"
    1
    Flag
  • Trulia User
    "Power Ranch is a very family oriented community! Safe and friendly! Schools around Power Ranch are great!"
    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
    "I moved here six months ago from the Bay Area. I like it that it’s quiet, clean & neighbors care about their front yard. "
    2
    Flag
  • Trulia User
    "Great neighborhood, great amenities , excellent schools, plenty of parks, safe, close to schools. Close to shops, restaurants, hospitals, dentists, and supermarkets. "
    1
    Flag
  • Trulia User
    "We moved here a month ago from San Francisco — so far we like it here. Most people are friendly and the community is very clean & safe. We like the many trails, vegetation, parks, pool, and it’s proximity to restaurants & stores. "
    0
    Flag
  • Erin D.
    "There are multiple fields for recreation use, paths for bikes, schools within the community and lots of activities for the whole family "
    1
    Flag
  • Tanya E.
    "I used to live in the Power Ranch Community for a year. I moved out of it, but was still visiting family who remained there. It has an amazing Clubhouse, The Barn is also great! It’s the neighborhood that I am trying to move back into."
    11
    Flag
  • Lwbaud
    "A mix of various price point homes. Well maintained, family oriented with parks, walking trails, elementary schools. "
    4
    Flag
  • Lwbaud
    "There are so many!!!!! Farmers Market/Good trunk Wednesdays, seasonal outings - like winter wonderland, clubs etc "
    0
    Flag
  • April S.
    "Too far, but self inflicted. We love it in power ranch but I work almost an hour commute away. Great neighborhood "
    0
    Flag
  • Nikki W.
    "Friendly neighbors. Can walk to the elementary school. Farmers markets. Tons of parks. 2 pools. So many events. Extremely safe neighborhood. "
    2
    Flag
  • Adam W.
    "There are a ton of kids in Power Ranch so be aware of the different unique amenities that each sub-neighborhood has so that your children can experience different activities."
    4
    Flag
  • Eric D.
    "going westbound in the morning and eastbound in the evening will have heavy traffic in both 202 and 60. "
    0
    Flag
  • Rudy H.
    "That is the one bad part of being this far out... traffic can be a nightmare but in the end it's well worth it as quality of life in the ranch is amazing."
    1
    Flag
  • Jjhageman
    "Power Ranch is a great neighborhood for families. Good schools and close to restaurants, freeways, and the SanTan Village shopping mall."
    6
    Flag
  • Rudy H.
    "it's the ranch... been here since the beginning and have no intention on ever leaving. very family oriented with well kept area's."
    6
    Flag
  • Katelyn3126
    "How safe and family oriented everything is makes power ranch very good for raising families. It's a little pricey, but it's worth it. There's lots of places around to eat and hang out."
    7
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4277 E Rainbow Dr

  • What is 4277 E Rainbow Dr estimated to be worth?
    Trulia's estimated value for 4277 E Rainbow Dr in Gilbert, AZ is $625,800.
  • What is the price history for 4277 E Rainbow Dr?
    4277 E Rainbow Dr in Gilbert, AZ last sold for $300,000 in July 2013.
  • 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 4277 E Rainbow Dr have air conditioning?
    Yes, 4277 E Rainbow Dr in Gilbert, AZ has air conditioning.
  • How big is the lot at 4277 E Rainbow Dr?
    The lot at 4277 E Rainbow Dr in Gilbert, AZ is about 0.17 acres (7,501 sq ft).

Explore by feature - Pet Friendly

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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

213 rentals with an outdoor space in Gilbert, AZ

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Off Market Homes Near 4277 E Rainbow Dr

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