4481 E LANTERN Place, Gilbert, AZ 85297
Property image
Property image
FOR SALE
3D VIEW

$709,900

Original price: $724,900
  • 4 Beds
  • 2.5 Baths
  • 3,353 sqft

4481 E LANTERN Place, Gilbert, AZ 85297

Power Ranch
Est. Mortgage $4,365/mo*
Get Pre-Qualified
We estimate this home will sell faster than 98% nearby.

Home Highlights

Single-Family Home
Built in 2002
$212/sqft
Garage
HOA $134/mo

Local Information

  • Map ViewExplore the area around 4481 E LANTERN Place.
  • Schools1 Preschool School1 Elementary School3 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Comfortable living spacesSpacious layoutLarge center islandStylish interior finishesQuality finishesGranite countertops
Stunning Gilbert home offering stylish interior finishes and an exceptional backyard retreat! The beautifully appointed kitchen features custom cabinetry, granite countertops, and a large center island, creating a perfect blend of function and style. The inviting interior offers a spacious layout with quality finishes and comfortable living spaces designed for both everyday living and entertaining. Step outside to an impressive backyard featuring a large PebbleTec pool with raised spa and pergola, creating an ideal setting for relaxing and enjoying Arizona's year-round sunshine. Located in desirable Gilbert near shopping, dining, parks, schools, and convenient freeway access, this home delivers the perfect combination of upgraded living spaces and resort-style outdoor living.
Last check for updates: about 4 hours ago
Listing courtesy of Bill Brimie, (480) 452-5978
Rio Salado Realty, LLC
Susan C Waggoner, (623) 363-4440
Rio Salado Realty, LLC
Source: ARMLS, MLS#7074329
Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
We estimate this home will sell faster than 98% nearby.

Home Details for 4481 E LANTERN Place

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3353 Square Feet
Appliances & Utilities
Appliances: Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas CooktopDishwasherDisposalLaundry: Inside
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Fire Pit, GasSpa: Heated, PrivateHas a FireplaceHas a Spa
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Carpet, Tile
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Floors: Carpet, Tile

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: Covered, PatioFencing: Back Yard, BlockOther Structures: GazeboHas a Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 3No CarportHas a GarageHas Open ParkingParking Spaces: 6Parking: Garage, Open
Pool
Pool: Outdoor Pool, HeatedPool
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 21Days on Market: 22

Property Information

Year Built
Year Built: 2002
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Stucco, Wood FrameNot Attached Property
Property Information
Parcel Number: 31302760

Price & Status

Price
List Price: $709,900Price Per Sqft: $212
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: GilbertCommunity: POWER RANCH NEIGHBORHOOD 3
School Information
Elementary School: Power Ranch ElementaryElementary School District: Higley Unified School DistrictJr High / Middle School: Power Ranch ElementaryHigh School: Higley High SchoolHigh School District: Higley Unified School District

Agent Information

Listing Agent
Listing ID: 7074329

Building

Building Details
Builder Name: William Lyons Homes
Building Area
Building Area: 3353 Square Feet
Community rooms
Fitness Center

Community

Community Features: Pool, Pickleball, Lake, Community Spa, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
Other
Playground

HOA

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

Lot Information

Lot Area: 8624 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 7074329

Additional Information

PoolPickleballLakeCommunity SpaTennis Court(s)PlaygroundBiking/Walking Path

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

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

Home Value

Trulia Estimate
$699K
Since last month
Decreased$33K (-4.5%)
Since last year
Decreased$30K (-4.2%)
Since last sale
Decreased$48K (-6.5%)
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 +94% in the last 10 years
MonthEstimated value
2026
September 2026$699K
August 2026$733K
July 2026$733K
June 2026$736K
May 2026$740K
April 2026$741K
March 2026$741K
February 2026$736K
January 2026$731K
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
4490 E MARSHALL Avenue, Gilbert, AZ
0.14
Single-Family Home
$700,000
07/20/26
4
2.5
3,353
4455 E MARSHALL Avenue, Gilbert, AZ
0.09
Single-Family Home
$669,000
04/07/26
4
2
2,400
4616 E BUCKBOARD Court, Gilbert, AZ
0.26
Single-Family Home
$705,000
04/30/26
4
2.5
3,353
4450 E CARRIAGE Court, Gilbert, AZ
0.17
Single-Family Home
$900,000
01/07/26
4
3
3,698
4721 S PABLO PASS Court, Gilbert, AZ
0.14
Single-Family Home
$815,000
09/18/26
4
3.5
3,411
4609 E IRONHORSE Road, Gilbert, AZ
0.28
Single-Family Home
$712,000
12/22/25
5
3
3,353
4338 E LANTERN Place, Gilbert, AZ
0.17
Single-Family Home
$617,500
12/09/25
5
3
2,667
4614 E REINS Road, Gilbert, AZ
0.17
Single-Family Home
$899,000
06/30/26
5
3
4,092
4323 E REINS Road, Gilbert, AZ
0.24
Single-Family Home
$780,000
09/26/25
6
3
3,241
4636 E CARRIAGE Court, Gilbert, AZ
0.21
Single-Family Home
$989,900
12/10/25
4
3.5
3,411

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
4471 E LANTERN Place, Gilbert, AZ 85297
0.01
$706,900
4
2.5
3,353
Off Market
4572 E BANDIT COURT Court, Gilbert, AZ 85297
0.06
$669,200
4
2
2,400
Off Market
4455 E MARSHALL Avenue, Gilbert, AZ 85297
0.09
$669,000
4
2
2,400
Recently Sold
4507 E LANTERN Place, Gilbert, AZ 85297
0.04
$673,200
5
3
3,353
Off Market
4466 E Marshall Avenue, Gilbert, AZ 85297
0.13
$660,800
3
2
2,400
Off Market
4373 E LANTERN Court, Gilbert, AZ 85297
0.12
$557,800
4
3
2,073
Off Market
4490 E MARSHALL Avenue, Gilbert, AZ 85297
0.14
$700,000
4
2.5
3,353
Recently Sold
4557 E DESPERADO Road, Gilbert, AZ 85297
0.10
$984,700
3
3.5
3,411
Off Market
4362 E LANTERN Court, Gilbert, AZ 85297
0.15
$672,100
5
3
2,670
Off Market
4702 S PABLO PASS Court, Gilbert, AZ 85297
0.11
$1,349,200
6
4.5
5,816
Off Market
4366 E BRANDED Road, Gilbert, AZ 85297
0.14
$610,800
4
3
2,073
Off Market

Price and Tax history

DateEventPrice
Sep 23, 2026
Source: ARMLS #7074329
PriceChange
$709,900
Price decreased by 2%
Sep 2, 2026
Source: ARMLS #7074329
Listed For Sale
$724,900
Jul 21, 2023
Source: ARMLS #6566959
Sold
$747,500
Jun 26, 2023
Source: ARMLS #6566959
Pending
$729,900
Jun 15, 2023
Source: ARMLS #6566959
Listed For Sale
$729,900

LGBTQ Local Legal Protections

Bill Brimie, Rio Salado Realty, LLC
Agent Phone: (480) 452-5978

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Frequently asked questions about 4481 E LANTERN Place

  • What is the estimated monthly payment for 4481 E LANTERN Place?
    Based on a $709,900 list price with 20% down at today's rates, the estimated monthly payment for 4481 E LANTERN Place in Gilbert, AZ is approximately $4,270 (about $3,952 principal & interest, $243 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 4481 E LANTERN Place compare to homes in Gilbert?
    4481 E LANTERN Place in Gilbert, AZ is listed at $709,900, about 23% above the $575K median sale price in Gilbert.
  • What do residents say about the Power Ranch neighborhood?
    Residents describe the Power Ranch neighborhood in Gilbert, AZ as pedestrian-friendly, dog-friendly, and easy to park in. See homes for sale in Power Ranch, Gilbert.
  • What are the closest schools to 4481 E LANTERN Place?
    The closest schools to 4481 E LANTERN Place in Gilbert, AZ are Higley High School (Middle, rated 7/10), Power Ranch Elementary School (Pre-K/Middle, rated 8/10), Sossaman Middle School (rated 8/10).
  • Does 4481 E LANTERN Place have air conditioning?
    Yes, 4481 E LANTERN Place in Gilbert, AZ has air conditioning.
  • Does 4481 E LANTERN Place have a pool?
    Yes, 4481 E LANTERN Place in Gilbert, AZ has a pool.
4481 E LANTERN Place, Gilbert, AZ 85297 is a 4 bedroom, 3 bathroom, 3,353 sqft single-family home built in 2002. 4481 E LANTERN Place is located in Power Ranch, Gilbert. This property is currently available for sale and was listed by ARMLS on Sep 1, 2026. The MLS # for this home is MLS# 7074329.