4278 E LANTERN Place
Gilbert, AZ 85297
Power Ranch- 3 Beds
- 2.5 Baths
- 2,073 sqft
3 Beds
2.5 Baths
2,073 sqft
Local Information
-- mins to
Description
Brand new AC! Located in the highly sought-after, award-winning community of Power Ranch in South Gilbert, this 3 bedroom + den, 2.5-bath home offers an exceptional opportunity to create your dream space in one of the East Valley's most desirable neighborhoods. The home features a functional split floor plan that provides both privacy and versatility for modern living.
The home backs to a serene common area with view fencing, giving the backyard an open, peaceful feel. Enjoy a relaxing outdoor setting complete with a tranquil pond and a private putting green, perfect for quiet mornings or entertaining guests. This property presents a fantastic opportunity for buyers looking to personalize and update a home to their own taste. With a great layout, and an unbeatable location, the potential here is undeniable. Power Ranch residents enjoy access to top-rated amenities including pools, parks, trails, and community events, all within close proximity to shopping, dining, and top-rated Gilbert schools.
The home backs to a serene common area with view fencing, giving the backyard an open, peaceful feel. Enjoy a relaxing outdoor setting complete with a tranquil pond and a private putting green, perfect for quiet mornings or entertaining guests. This property presents a fantastic opportunity for buyers looking to personalize and update a home to their own taste. With a great layout, and an unbeatable location, the potential here is undeniable. Power Ranch residents enjoy access to top-rated amenities including pools, parks, trails, and community events, all within close proximity to shopping, dining, and top-rated Gilbert schools.
Home Highlights
Parking
3 Car Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
$134/Monthly
Price/Sqft
$246
Listed
55 days ago
Home Details for 4278 E LANTERN Place
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2073 Square Feet |
Appliances & Utilities Appliances: Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric OvenDishwasherDisposalDryerLaundry: InsideRefrigeratorWasher |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Spa: NoneNo Fireplace |
Windows, Doors, Floors & Walls Window: Double Pane WindowsFlooring: Carpet, Laminate, Tile |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Floors: Carpet, Laminate, Tile |
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Exterior Home Features Roof: TilePatio / Porch: Covered, PatioFencing: Block, Wrought Iron |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 3No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 6Parking: Attached,Direct Access |
Frontage Responsible for Road Maintenance: City Maintained RoadRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 54Days on Market: 55 |
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Year Built Year Built: 2003 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Stucco, Wood Frame, PaintedNot Attached Property |
Property Information Parcel Number: 31302464 |
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Price List Price: $510,000Price Per Sqft: $246 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: GilbertCommunity: POWER RANCH NEIGHBORHOOD 1 |
School Information Elementary School: Power Ranch ElementaryElementary School District: Higley Unified School DistrictJr High / Middle School: Sossaman Middle SchoolHigh School: Higley High SchoolHigh School District: Higley Unified School District |
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Listing Agent Listing ID: 7024907 |
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Building Details Builder Name: Standard Pacific |
Building Area Building Area: 2073 Square Feet |
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Community Features: Pool, Pickleball, Lake, Playground, Biking/Walking Path |
Other Playground |
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HOA Fee Includes: Maintenance GroundsHOA Name: PRCAHOA Phone: 480-988-0960Has an HOAHOA Fee: $402/Quarterly |
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Lot Area: 8043 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: 7024907 |
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PoolPickleballLakePlaygroundBiking/Walking Path |
Last check for updates: about 5 hours ago
Listing courtesy of Melanie Nemetz, (480) 221-3034
Keller Williams Integrity First Realty
Source: ARMLS, MLS#7024907

Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Market trends in Gilbert
Last updated May 2026
Avg. sale price
$572K
$2.17KMoM
Sale-to-List Price
98.8%
0.2%MoM
Price per sq ft
$278
$3MoM
Available listings
1169
13MoM
Price History for 4278 E LANTERN Place
| Date | Price | Event | Source |
|---|---|---|---|
| 07/03/2026 | $510,000 | PriceChange | ARMLS #7024907 |
| 06/29/2026 | $530,000 | Pending | ARMLS #7024907 |
| 05/07/2026 | $530,000 | Listed For Sale | ARMLS #7024907 |
| 07/03/2019 | $357,000 | Sold | ARMLS #5935225 |
| 06/05/2019 | $357,000 | Listed For Sale | Agent Provided |
| 11/09/2015 | $289,750 | ListingRemoved | Agent Provided |
| 10/15/2015 | $289,750 | Listed For Sale | Agent Provided |
| 11/20/2003 | $215,729 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,070 |
| Assessment | $465,700 |
Home facts updated by county records
Comparable Sales for 4278 E LANTERN Place
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $482,000 | 07/09/25 | 4 | 2 | 2,209 | |
0.12 | Single-Family Home | $520,000 | 02/20/26 | 3 | 2 | 1,945 | |
0.21 | Single-Family Home | $600,000 | 07/18/25 | 3 | 2.5 | 2,073 | |
0.05 | Single-Family Home | $617,500 | 12/09/25 | 5 | 3 | 2,667 | |
0.28 | Single-Family Home | $635,000 | 07/16/25 | 3 | 2.5 | 2,073 | |
0.30 | Single-Family Home | $470,000 | 08/05/25 | 3 | 2 | 1,611 | |
0.20 | Single-Family Home | $650,000 | 07/17/25 | 3 | 3 | 2,485 | |
0.36 | Single-Family Home | $535,000 | 08/01/25 | 3 | 2 | 1,630 | |
0.35 | Single-Family Home | $462,000 | 01/27/26 | 3 | 3 | 2,126 | |
0.23 | Single-Family Home | $669,000 | 04/07/26 | 4 | 2 | 2,400 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 4278 E LANTERN Place.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Melanie Nemetz, Keller Williams Integrity First Realty
Agent Phone: (480) 221-3034

4278 E LANTERN Place, Gilbert, AZ 85297 is a 3 bedroom, 3 bathroom, 2,073 sqft single-family home built in 2003. 4278 E LANTERN Place is located in Power Ranch, Gilbert. This property is currently available for sale and was listed by ARMLS on May 7, 2026. The MLS # for this home is MLS# 7024907.

