4531 E Lantern Pl, Gilbert, AZ 85297
Property image
Property image
OFF MARKET

$647,000

Trulia Estimate
as of Sep 29, 2026
  • 3 Beds
  • 2 Baths
  • 2,400 sqft

4531 E Lantern Pl, Gilbert, AZ 85297

Power Ranch

Home Highlights

Single-Family Home
2,400 sqft
$270/sqft
Attached Garage

Local Information

  • Map ViewExplore the area around 4531 E Lantern Pl.
  • Schools1 Preschool School1 Elementary School3 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Beautifully maintained single-level homeCustom built-in home officeCrown moldingPlantation shutters throughoutHardwood floors
Welcome to this beautifully maintained single-level home in one of Gilbert's most desirable neighborhoods on a corner lot with one neighbor.

Home Features:
 3 bedrooms + custom built-in home office (perfect for remote work)
 2 full bathrooms
 Hardwood floors & crown molding
 Plantation shutters throughout
 Spacious 3-car garage with built-in storage
 Bright, open layout with abundant natural light

 Resort-Style Backyard:
 Private pool & hot tub with gas heater
 Professional pool service INCLUDED
 Ideal for relaxing or entertaining year-round

 Prime Location:
 Around the corner from a large neighborhood park
 Walking distance to Power Ranch Elementary
 Quiet streets, great community, close to shopping & dining

 Pet Friendly
 Dogs considered with pet deposit & pet rent

 Available furnished or unfurnished
 Lightly furnished with brand-new king bed, couch, dining table & accent chair
 Ideal for relocation, mid-term, or long-term tenants

 Additional Details:
 Tenant pays all utilities
 Pool & hot tub professionally maintained by owner
 Long-term lease preferred (shorter terms considered at premium)

 Message to schedule a showing or for rental details

Renter is responsible for utilities
4531 E Lantern Pl, Gilbert, AZ 85297 is a 3 bedroom, 2 bathroom, 2,400 sqft single-family home in Power Ranch. It last sold for $399,000 on May 5, 2006 (13,200% above the $3,000 asking price). More recently, it was listed as a rental in January 2026 with an asking price of $3,000 per month. That rental listing was removed on February 18, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $647,000, with a rent estimate of $3,304/month.

Home Details for 4531 E Lantern Pl

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 6 MonthAvailable: now

Exterior Features

Pool
Pool
Parking & Garage
Parking: Attached, On Site

Media

Comparable Sales for 4531 E Lantern Pl

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4455 E MARSHALL Avenue, Gilbert, AZ
0.11
Single-Family Home
$669,000
04/07/26
4
2
2,400 sqft
4364 E MARSHALL Court, Gilbert, AZ
0.25
Single-Family Home
$520,000
02/20/26
3
2
1,945 sqft
4278 E LANTERN Place, Gilbert, AZ
0.30
Single-Family Home
$495,000
08/20/26
3
2.5
2,073 sqft
4915 S TANGERINE Lane, Gilbert, AZ
0.35
Single-Family Home
$677,000
03/02/26
3
2
2,145 sqft
4272 E BUCKBOARD Road, Gilbert, AZ
0.35
Single-Family Home
$545,000
07/09/26
4
2
2,209 sqft
4536 E Strawberry Drive, Gilbert, AZ
0.37
Single-Family Home
$470,000
07/29/26
3
2
1,407 sqft
4490 E MARSHALL Avenue, Gilbert, AZ
0.13
Single-Family Home
$700,000
07/20/26
4
2.5
3,353 sqft
4294 E WALNUT Road, Gilbert, AZ
0.51
Single-Family Home
$445,000
11/14/25
3
2
1,650 sqft
4532 E Apricot Lane, Gilbert, AZ
0.31
Single-Family Home
$725,000
06/09/26
2
2
2,045 sqft
4616 E BUCKBOARD Court, Gilbert, AZ
0.19
Single-Family Home
$705,000
04/30/26
4
2.5
3,353 sqft

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in Power Ranch

Last updated Sep 2026
Trulia Rent Estimate$3,304/mo
Average rent
$2.33K
$6MoM
Available listings
52
View rental market trends in Gilbert, AZ

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

Price and Tax history

DateEventPrice
Feb 18, 2026
Source: Zillow Rentals
ListingRemoved
$3,000
Feb 2, 2026
Source: Zillow Rentals
PriceChange
$3,000
Price decreased by 6%
Jan 28, 2026
Source: Zillow Rentals
PriceChange
$3,200
Price increased by 7%
Jan 8, 2026
Source: Zillow Rentals
Listed For Rent
$3,000
Aug 1, 2024
Source: ARMLS #6673432
ListingRemoved
$710,000

Frequently asked questions about 4531 E Lantern Pl

  • What is 4531 E Lantern Pl estimated to be worth?
    Trulia's estimated value for 4531 E Lantern Pl in Gilbert, AZ is $647,000.
  • What is the price history for 4531 E Lantern Pl?
    4531 E Lantern Pl in Gilbert, AZ last sold for $399,000 in May 2006.
  • 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 4531 E Lantern Pl have air conditioning?
    Yes, 4531 E Lantern Pl in Gilbert, AZ has air conditioning.
  • Does 4531 E Lantern Pl have a pool?
    Yes, 4531 E Lantern Pl in Gilbert, AZ has a pool.

Homes for rent near 4531 E Lantern Pl

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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