4507 E OLIVE Avenue, Gilbert, AZ 85234
Property image
Property image
ACCEPTING BACKUPS

$699,000

Original price: $720,000
  • 5 Beds
  • 3 Baths
  • 3,745 sqft

4507 E OLIVE Avenue, Gilbert, AZ 85234

Highland Ranch
Est. Mortgage $4,155/mo*
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Home Highlights

Single-Family Home
Built in 1996
$187/sqft
3 Car Garage
HOA $87/mo

Local Information

  • Map ViewExplore the area around 4507 E OLIVE Avenue.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Sparkling private poolCovered patioCharming beehive fireplaceBuilt-in barbecueAmple seatingExpansive backyard
Beautifully appointed 5-bedroom, 3-bathroom two-story home in Gilbert, ideally located within walking distance of Highland High School. New trim and interior paint! Owned solar system to keep things efficient! Kitchen features a large island with an induction cooktop, stainless steel appliances with double ovens. The expansive backyard features a sparkling private pool, covered patio, and an impressive built-in pergola complete with electricity, built-in barbecue, ample seating, and a charming beehive fireplace-perfect for outdoor dining, gatherings, and relaxing Arizona evenings. The roof, AC units and many of the windows have all been replaced within the past 5 years. The backyard, square footage and lot size make this a must see!
Last check for updates: about 19 hours ago
Listing courtesy of Cameron Sean Comerford, (480) 390-9193
Affinity Home Assets LLC
Tyler D Whitmore, (602) 579-3888
Affinity Home Assets LLC
Source: ARMLS, MLS#7070154
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 4507 E OLIVE Avenue

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 3745 Square Feet
Appliances & Utilities
Utilities: Natural Gas Connected, Natural Gas AvailableAppliances: Built-in Microwave, Dishwasher, Disposal, Induction Cooktop, Built-In Electric OvenDishwasherDisposalLaundry: Inside
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Gas,Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Forced Air
Fireplace & Spa
Spa: None, BathNo Fireplace
Windows, Doors, Floors & Walls
Window: Screens, Double Pane WindowsFlooring: Carpet, Vinyl, Tile
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Floors: Carpet, Vinyl, Tile

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: CoveredFencing: BlockExterior: Balcony, Built-in BarbecueFoundation: SlabHas a Private Pool
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,Garage Door Opener,Direct Access
Pool
Pool: Play Pool, FencedPool
Frontage
Responsible for Road Maintenance: City Maintained RoadRoad Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 63Days on Market: 77

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Territorial/Santa Fe
Building
Construction Materials: Stucco, Wood FrameNot Attached Property
Property Information
Usage of Home: NoneParcel Number: 30416022

Price & Status

Price
List Price: $699,000Price Per Sqft: $187
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: UCB (Under Contract-Backups)

Location

Direction & Address
City: GilbertCommunity: HIGHLAND RANCH AT SUPERSTITION SPRINGS
School Information
Elementary School: Towne Meadows Elementary SchoolElementary School District: Gilbert Unified DistrictJr High / Middle School: Highland Jr High SchoolHigh School: Highland High SchoolHigh School District: Gilbert Unified District

Agent Information

Listing Agent
Listing ID: 7070154

Building

Building Details
Builder Name: Great Western
Building Area
Building Area: 3745 Square Feet

Community

Community Features: Playground
Other
Playground

HOA

HOA Fee Includes: Maintenance GroundsHOA Name: Highland RanchHOA Phone: 480-635-1133Has an HOAHOA Fee: $87/Monthly

Lot Information

Lot Area: 9757 sqft

Offer

Listing Terms: VA Loan, Cash, Conventional, FHA

Energy

Energy Efficiency Features: Solar Panels

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 7070154Zillow Contingency Status: Accepting Back-up Offers

Additional Information

Playground

Price and Tax history

DateEventPrice
Oct 21, 2026
Source: ARMLS #7070154
PriceChange
$699,000
Price decreased by 3%
Oct 2, 2026
Source: ARMLS #7070154
PriceChange
$720,000
Price decreased by 1%
Sep 17, 2026
Source: ARMLS #7070154
PriceChange
$725,000
Price decreased by 1%
Aug 27, 2026
Source: ARMLS #7070154
Listed For Sale
$730,000
Apr 15, 2022
Source: ARMLS #6364666
Sold
$775,000

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Highland Ranch

  • Provue
    "Great neighbors, conveinent to all types of stores & restaurants. Hospitals & medical personnel are close by. Very good schools, of all grades, are plentiful!"
  • Grwiltbank
    "great place to live, educate and enjoy life. Great schools, excellent dining, shopping and working. Everything is great here. "

Market trends in Gilbert

Last updated October 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$571K
$6.33K
MoM
Sale-to-List Price
98.4%
0.3%
MoM
Price per sq ft
$278
$1
MoM
Available listings
1136
37
MoM
Sourced by Trulia Market Trends

Home Value

Trulia Estimate
$692K
Since last month
Decreased$26K (-3.7%)
Since last year
Decreased$151K (-17.9%)
Since last sale
Decreased$85K (-11%)
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 +57% in the last 10 years
MonthEstimated value
2026
November 2026$690K
October 2026$688K
September 2026$716K
August 2026$732K
July 2026$825K
June 2026$834K
May 2026$833K
April 2026$837K
March 2026$838K
February 2026$842K
January 2026$825K
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
0.18
Single-Family Home
$725,000
05/15/26
5
3
3,746
0.18
Single-Family Home
$714,000
04/28/26
5
3.5
3,406
0.44
Single-Family Home
$760,000
10/01/26
4
2.5
3,705
0.45
Single-Family Home
$700,000
02/24/26
5
3
3,321
0.41
Single-Family Home
$705,000
07/13/26
5
3
3,115
0.42
Single-Family Home
$725,000
06/23/26
6
3
3,032
0.57
Single-Family Home
$798,000
11/13/25
5
3
3,945
0.16
Single-Family Home
$535,000
08/07/26
4
2
2,292
0.57
Single-Family Home
$600,000
11/21/25
5
3
3,705

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
0.01
$593,600
4
2
2,217
Off Market
0.01
$666,600
Studio
4
3,746
Off Market
0.02
$486,900
Studio
2
2,030
Off Market
0.03
$563,200
Studio
5
2,579
Off Market
0.03
$628,700
4
3
2,531
Off Market
0.03
$541,500
4
2
2,296
Off Market
0.03
$684,400
Studio
4
3,745
Off Market
0.03
$619,000
4
2.5
2,531
For Sale
0.04
$604,100
4
2
2,234
Off Market
0.04
$658,700
5
3
2,960
Off Market
0.04
$664,800
4
3
3,745
Off Market
0.04
$510,400
Studio
3
2,296
Off Market
0.04
$664,900
Studio
4
3,283
Off Market
0.04
$751,700
5
3
2,960
Off Market
0.04
$548,800
4
2
2,550
Off Market
0.04
$662,200
5
3
2,960
Off Market
0.05
$742,400
5
3
3,364
Off Market
0.05
$570,700
4
2
2,296
Off Market
0.05
$551,700
4
2
2,042
Off Market
0.05
$685,800
Studio
4
3,745
Off Market

LGBTQ Local Legal Protections

Cameron Sean Comerford, Affinity Home Assets LLC
Agent Phone: (480) 390-9193

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Frequently asked questions about 4507 E OLIVE Avenue

  • What is the estimated monthly payment for 4507 E OLIVE Avenue?
    Based on a $699,000 list price with 20% down at today's rates, the estimated monthly payment for 4507 E OLIVE Avenue in Gilbert, AZ is approximately $4,142 (about $3,828 principal & interest, $239 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 4507 E OLIVE Avenue compare to homes in Gilbert?
    4507 E OLIVE Avenue in Gilbert, AZ is listed at $699,000, about 23% above the $571K median sale price in Gilbert.
  • What are the closest schools to 4507 E OLIVE Avenue?
    The closest schools to 4507 E OLIVE Avenue in Gilbert, AZ are Highland High School (Middle, rated 7/10), Highland Jr High School (rated 9/10), Towne Meadows Elementary School (Pre-K, rated 9/10).
  • What is 4507 E OLIVE Avenue estimated to be worth?
    Trulia's estimated value for 4507 E OLIVE Avenue in Gilbert, AZ is $691,500.
  • Does 4507 E OLIVE Avenue have air conditioning?
    Yes, 4507 E OLIVE Avenue in Gilbert, AZ has air conditioning.
  • Does 4507 E OLIVE Avenue have a pool?
    Yes, 4507 E OLIVE Avenue in Gilbert, AZ has a pool.
4507 E OLIVE Avenue, Gilbert, AZ 85234 is a 5 bedroom, 3 bathroom, 3,745 sqft single-family home built in 1996. 4507 E OLIVE Avenue is located in Highland Ranch, Gilbert. This property is currently available for sale and was listed by ARMLS on Aug 22, 2026. The MLS # for this home is MLS# 7070154.