4298 E Rainbow Dr
Gilbert, AZ 85297
Power Ranch- 4 Beds
- 2 Baths
- 2,379 sqft
4 Beds
2 Baths
2,379 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2002
Living Area
2,379 sqft
Price/Sqft
$246
Parking
Garage
About this House
Great furnished rental in the desirable Power Ranch subdivision.There are 4 spacious bedrooms with a split floor plan and an additional office/den. The master has a garden tub and separate shower with a huge walk-in closet. The high ceilings and 16'' tile floors make the home seem even more spacious.The backyard is very private with a flagstone patio and built-in barbeque. It is an over-sized lot with grass and colorful landscaping.There are 2 TV's with direct TV , and internet included.
4298 E Rainbow Dr, Gilbert, AZ 85297 is a 4 bedroom, 2 bathroom, 2,379 sqft single-family home in Power Ranch, built in 2002. It last sold for $225,000 on May 19, 2008. More recently, it was listed as a rental in February 2015 with an asking price of $3,500 per month. That rental listing was removed on March 22, 2015. It is currently off market. The Trulia Estimate is $584,400, with a rent estimate of $2,733/month.
Home Details for 4298 E Rainbow Dr
|
|---|
Heating & Cooling Heating: Other, ElectricAir ConditioningCooling System: RefrigeratorHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet |
Interior Details Number of Rooms: 6Types of Rooms: Dining RoomCeiling Fan |
Appliances & Utilities DishwasherMicrowaveRefrigerator |
Fireplace & Spa Fireplace |
|
|---|
Exterior Home Features Roof: TileExterior: StuccoPatio |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
|
|---|
Year Built Year Built: 2002 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
|
|---|
Units in Building: 1 |
|
|---|
Lot Area: 10593 sqft |
Price History for 4298 E Rainbow Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 03/22/2015 | $3,500 | ListingRemoved | Agent Provided |
| 02/17/2015 | $3,500 | Listed For Rent | Agent Provided |
| 04/26/2014 | $2,200 | ListingRemoved | Agent Provided |
| 04/02/2014 | $2,200 | Listed For Rent | Agent Provided |
| 05/10/2013 | $3,500 | ListingRemoved | Agent Provided |
| 05/02/2011 | $3,500 | PriceChange | Agent Provided |
| 04/07/2011 | $3,000 | Listed For Rent | Agent Provided |
| 05/19/2008 | $225,000 | Sold | ARMLS #2865666 |
| 03/20/2003 | $199,246 | Sold | N/A |
Market trends in Gilbert
Last updated June 2026
Avg. sale price
$569K
$3.33KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$279
$1MoM
Available listings
1121
48MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,503 |
| Assessment | $490,500 |
Home facts updated by county records
Comparable Sales for 4298 E Rainbow Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $611,000 | 08/29/25 | 4 | 2 | 2,379 | |
0.08 | Single-Family Home | $565,000 | 03/23/26 | 4 | 2 | 1,678 | |
0.20 | Single-Family Home | $430,000 | 12/18/25 | 4 | 2 | 1,698 | |
0.11 | Single-Family Home | $365,000 | 09/25/25 | 3 | 2 | 1,428 | |
0.30 | Single-Family Home | $480,000 | 12/05/25 | 4 | 2 | 2,052 | |
0.23 | Single-Family Home | $480,000 | 11/18/25 | 4 | 2 | 1,678 | |
0.11 | Single-Family Home | $599,000 | 07/29/26 | 5 | 3 | 2,520 | |
0.30 | Single-Family Home | $457,500 | 06/24/26 | 4 | 2.5 | 2,120 | |
0.15 | Single-Family Home | $535,000 | 02/26/26 | 4 | 3 | 1,765 | |
0.29 | Single-Family Home | $475,000 | 08/14/25 | 4 | 2 | 1,678 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 4298 E Rainbow Dr.
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
Apartments for Rent
Homes for sale near 4298 E Rainbow Dr
Off Market Homes Near 4298 E Rainbow Dr
Frequently asked questions about 4298 E Rainbow Dr
- What is 4298 E Rainbow Dr estimated to be worth?Trulia's estimated value for 4298 E Rainbow Dr in Gilbert, AZ is $584,400.
- What is the price history for 4298 E Rainbow Dr?4298 E Rainbow Dr in Gilbert, AZ last sold for $225,000 in May 2008.
- 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 $569K. That is down $3.33K from the prior month.
- Does 4298 E Rainbow Dr have air conditioning?Yes, 4298 E Rainbow Dr in Gilbert, AZ has air conditioning.
- How big is the lot at 4298 E Rainbow Dr?The lot at 4298 E Rainbow Dr in Gilbert, AZ is about 0.24 acres (10,593 sq ft).

