4278 E LANTERN Place, Gilbert, AZ 85297
Property image
Property image
SOLD
AUG 20, 2026

$495,100

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 2,073 sqft

4278 E LANTERN Place, Gilbert, AZ 85297

Power Ranch
Est. Refi. Payment $3,011/mo*
Refinance Your Home
Currently Off Market - Sold Aug 20, 2026 for $495,000 (3% below list price)

Home Value

Trulia Estimate
$495K
Since last month
Decreased$1K (-0.2%)
Since last year
Decreased$62K (-11.1%)
Since last sale
Decreased$600 (-0.1%)
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 +65% in the last 10 years
MonthEstimated value
2026
October 2026$494K
September 2026$495K
August 2026$496K
April 2026$557K
March 2026$558K
February 2026$552K
January 2026$545K
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
4364 E MARSHALL Court, Gilbert, AZ
0.12
Single-Family Home
$520,000
02/20/26
3
2
1,945
4272 E BUCKBOARD Road, Gilbert, AZ
0.08
Single-Family Home
$545,000
07/09/26
4
2
2,209
4338 E LANTERN Place, Gilbert, AZ
0.05
Single-Family Home
$617,500
12/09/25
5
3
2,667
4040 E Sidewinder Ct, Gilbert, AZ
0.30
Single-Family Home
$410,000
08/26/26
4
2
2,029
4455 E MARSHALL Avenue, Gilbert, AZ
0.23
Single-Family Home
$669,000
04/07/26
4
2
2,400
4089 E WAGON Circle, Gilbert, AZ
0.35
Single-Family Home
$462,000
01/27/26
3
3
2,126
4062 E STABLE Court, Gilbert, AZ
0.29
Single-Family Home
$610,000
08/14/26
4
2.5
2,502
4087 E Sidewinder Court, Gilbert, AZ
0.23
Single-Family Home
$549,900
05/08/26
4
3
2,006
4097 E WAGON Circle, Gilbert, AZ
0.36
Single-Family Home
$525,000
05/22/26
4
2
1,754

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
4298 E Lantern Pl, Gilbert, AZ 85297
0.01
$524,200
3
3
2,073
Off Market
4258 E Lantern Pl, Gilbert, AZ 85297
0.01
$596,400
3
3
2,073
Off Market
4247 E Lantern Pl, Gilbert, AZ 85297
0.02
-
-
-
-
Off Market
4308 E LANTERN Place, Gilbert, AZ 85297
0.02
$508,500
3
2
1,980
Off Market
4267 E Lantern Pl, Gilbert, AZ 85297
0.03
$656,400
4
3
2,730
Off Market
4283 E Lantern Pl, Gilbert, AZ 85297
0.03
$561,600
5
3
2,667
Off Market
4318 E Lantern Pl, Gilbert, AZ 85297
0.04
$589,900
4
2.5
2,073
Off Market
4299 E Lantern Pl, Gilbert, AZ 85297
0.04
$658,300
4
3
2,730
Off Market
4624 S Maverick Ave, Gilbert, AZ 85297
0.04
$594,100
4
2
2,017
Off Market
4634 S Maverick Ave, Gilbert, AZ 85297
0.05
$569,700
Studio
4
2,073
Off Market
4554 S Maverick Ct, Gilbert, AZ 85297
0.05
$692,600
4
3
2,825
Off Market
4315 E Lantern Pl, Gilbert, AZ 85297
0.05
$532,600
3
2
2,073
Off Market
4554 E MAVERICK Court, Gilbert, AZ 85297
0.05
$712,000
5
2
2,825
Off Market
4338 E LANTERN Place, Gilbert, AZ 85297
0.05
$617,500
5
3
2,667
Recently Sold
4271 E Buckboard Rd, Gilbert, AZ 85297
0.05
$502,200
3
2
1,945
Off Market
4279 E Buckboard Rd, Gilbert, AZ 85297
0.05
$561,800
4
2
2,209
Off Market
4265 E Buckboard Rd, Gilbert, AZ 85297
0.05
$635,400
4
3
3,023
Off Market
4257 E Buckboard Rd, Gilbert, AZ 85297
0.05
$570,300
Studio
3
2,209
Off Market
4644 S Maverick Ave, Gilbert, AZ 85297
0.05
$642,900
4
3
2,667
Off Market
4276 E Branded Rd, Gilbert, AZ 85297
0.06
$630,500
5
3
2,667
Off Market

Local Information

  • Map ViewExplore the area around 4278 E LANTERN Place.
  • Schools1 Preschool School1 Elementary School3 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2003
2,073 sqft
$239/sqft
3 Car Garage
HOA $134/mo

About this House

What's unique:Great layoutFunctional split floor planTranquil pondPrivate putting greenRelaxing outdoor setting
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.
4278 E LANTERN Place, Gilbert, AZ 85297 is a 3 bedroom, 3 bathroom, 2,073 sqft single-family home in Power Ranch, built in 2003. It last sold for $495,000 on Aug 20, 2026 (3% below the $510,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $495,100, with a rent estimate of $2,491/month.
Last check for updates: about 5 hours ago
Listed by Melanie Nemetz, (480) 221-3034
Keller Williams Integrity First Realty
Bought with: Angela Patten, (480) 577-4830, Realty ONE Group
Source: ARMLS, MLS#7024907
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 4278 E LANTERN Place

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 93

Property Information

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

Price & Status

Price
List Price: $510,000Price Per Sqft: $239/sqft
Status Change & Dates
Off Market Date: Tue Aug 11 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

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

Building

Building Details
Builder Name: Standard Pacific
Building Area
Building Area: 2073 Square Feet

Community

Community Features: Pool, Pickleball, Lake, Playground, Biking/Walking Path
Other
Playground

HOA

HOA Fee Includes: Maintenance GroundsHOA Name: PRCAHOA Phone: 480-988-0960Has an HOAHOA Fee: $402/Quarterly

Lot Information

Lot Area: 8043 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 7024907

Additional Information

PoolPickleballLakePlaygroundBiking/Walking Path

Price and Tax history

DateEventPrice
Aug 20, 2026
Source: ARMLS #7024907
Sold
$495,000
Aug 11, 2026
Source: ARMLS #7024907
Pending
$510,000
Jul 3, 2026
Source: ARMLS #7024907
PriceChange
$510,000
Price decreased by 4%
Jun 29, 2026
Source: ARMLS #7024907
Pending
$530,000
May 7, 2026
Source: ARMLS #7024907
Listed For Sale
$530,000

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 4278 E LANTERN Place

  • What is 4278 E LANTERN Place estimated to be worth?
    Trulia's estimated value for 4278 E LANTERN Place in Gilbert, AZ is $495,100.
  • What is the price history for 4278 E LANTERN Place?
    4278 E LANTERN Place in Gilbert, AZ last sold for $495,000 in August 2026.
  • 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 4278 E LANTERN Place have air conditioning?
    Yes, 4278 E LANTERN Place in Gilbert, AZ has air conditioning.
  • Does 4278 E LANTERN Place have a pool?
    Yes, 4278 E LANTERN Place in Gilbert, AZ has a pool.

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Explore by feature - Outdoor Space

214 rentals with an outdoor space in Gilbert, AZ

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