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
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Description
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.
Open House
Saturday, May 16
11:00 AM to 2:00 PM
Home Highlights
Parking
3 Car Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
$134/Monthly
Price/Sqft
$256
Listed
9 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: 7Days on Market: 9 |
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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: $530,000Price Per Sqft: $256 |
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 6 hours ago
Listing courtesy of Melanie Nemetz, (480) 221-3034
Keller Williams Integrity First
Source: ARMLS, MLS#7024907

Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 4278 E LANTERN Place
| Date | Price | Event | Source |
|---|---|---|---|
| 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 |
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
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Melanie Nemetz, Keller Williams Integrity First
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.

