48 N Colonial Drive, Gilbert, AZ 85234
Property image
Property image
FOR SALE
NEW
OPEN SAT, 9-2PM

48 N Colonial Drive
Gilbert, AZ 85234

Lowe Estates
  • 3 Beds
  • 2 Baths
  • 1,347 sqft

$485,000

Est. Mortgage $2,839/mo*

$485,000

Est. Mortgage $2,839/mo*
3 Beds
2 Baths
1,347 sqft

Home Highlights

Parking
2 Car Garage
Climate Control
Heating & Cooling
HOA
$125/Monthly
Price/Sqft
$360
Listed
1 day ago

Local Information

  • Map ViewExplore the area around 48 N Colonial Drive.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

This stunning, Fully Remodeled 3 bedroom, 2 bathroom offers modern comfort, stylish finishes, and a prime location PERFECT for those seeking turn-key living near DOWNTOWN GILBERT & Nestled in Lowe Estates neighborhood, known for its tree-lined streets, HOA-maintained common areas, and welcoming atmosphere, this home is an exceptional opportunity for families, professionals, or anyone seeking stylish, low-maintenance living in one of Gilbert's most desirable locations.

Enjoy peace of mind with a Brand new roof, HVAC system under 5 years old, 2 car garage with a gorgeous freshly finished epoxy garage floor, a brand new garage door and opener which provides peace of mind and efficiency. Inside, you'll find a bright, open layout featuring new engineered hardwood flooring, brand new cabinetry throughout, quartz countertops in the kitchen including the large island, brand-new Frigidaire stainless steel appliances, all-new doors and hardware, Vaulted Ceilings & LED lighting.

The Stunning Primary Suite boasts a beautifully tiled walk in shower with private window allowing natural light, a double vanity with elegant LED backlit mirrors giving a spa-like touch, and a lovely bidet. The secondary bathroom has it all, a Gorgeous tiled shower with backlit niche, a Soaking Tub, a New Vanity with Quartz Countertops topped with backlit mirrors, all new hardware, and fixtures throughout.

The lovely laundry room includes a new washer and dryer, making this home truly turnkey which leads to the relaxing backyard.

Step outside to a low-maintenance backyard complete with premium turf perfect, for relaxing or entertaining without the upkeep.

Ideally located directly across from the community pool, great for family or friend gatherings this home offers convenient access to neighborhood amenities, while being just minutes from Downtown Gilbert, where you'll enjoy award-winning restaurants, shopping, entertainment, farmers markets, and year-round community events.
THIS IS A MUST SEE!

Open House

Saturday, July 25
9:00 AM to 2:00 PM
Sunday, July 26
10:00 AM to 3:00 PM

Home Details for 48 N Colonial Drive

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1347 Square Feet
Appliances & Utilities
Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric OvenDishwasherDisposalDryerRefrigeratorWasher
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood Burning, Family RoomSpa: NoneHas a Fireplace
Windows, Doors, Floors & Walls
Window: Screens, Skylight(s)Flooring: Carpet, Tile, Wood
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Carpet, Tile, Wood

Exterior Features

Exterior Home Features
Roof: CompositionFencing: BlockFoundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Carport Spaces: 2Number of Covered Spaces: 4Has a CarportHas a GarageHas an Attached GarageParking Spaces: 4Parking: Attached,Garage Door Opener,Direct Access
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: 1

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other
Building
Construction Materials: Brick Veneer, Vertical Siding, Wood FrameNot Attached Property
Property Information
Usage of Home: NoneParcel Number: 30413054

Price & Status

Price
List Price: $485,000Price Per Sqft: $360
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: GilbertCommunity: Lowe Estates
School Information
Elementary School: Sonoma Ranch Elementary SchoolElementary School District: Gilbert Unified DistrictJr High / Middle School: Greenfield Elementary SchoolHigh School: Gilbert High SchoolHigh School District: Gilbert Unified District

Agent Information

Listing Agent
Listing ID: 7058036

Building

Building Area
Building Area: 1347 Square Feet

Community

Community Features: Pool, Community Spa, Biking/Walking Path

HOA

HOA Fee Includes: Maintenance Grounds, Front Yard MaintHOA Name: 55HOA Phone: 480-345-7691Has an HOAHOA Fee: $125/Monthly

Lot Information

Lot Area: 4474 sqft

Offer

Listing Terms: Cash, Conventional, 1031 Exchange, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 7058036

Additional Information

PoolCommunity SpaBiking/Walking Path
Last check for updates: about 1 hour ago
Listing courtesy of Roberta M Joseph, (505) 480-3853
Simply Real Estate
Source: ARMLS, MLS#7058036
Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Market trends in Gilbert

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$569K
$3.33K
MoM
Sale-to-List Price
98.9%
0.1%
MoM
Price per sq ft
$279
$1
MoM
Available listings
1121
48
MoM

Price History for 48 N Colonial Drive

DatePriceEventSource
07/24/2026$485,000Listed For SaleARMLS #7058036
06/18/2026$318,000Sold
N/A
09/10/2008$139,900Sold
N/A
11/22/2005$230,000Sold
ARMLS #2399252
06/25/2003$132,000Sold
ARMLS #1975090
09/30/2002$107,450Sold
N/A

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Property Tax and Assessment

Year2025
Tax$1,317
Assessment$326,200
Home facts updated by county records

Comparable Sales for 48 N Colonial Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.22
Single-Family Home
$440,000
09/18/25
3
2
1,566
0.34
Single-Family Home
$425,000
04/22/26
3
2
1,397
0.36
Single-Family Home
$477,500
09/11/25
3
2
1,360
0.28
Single-Family Home
$539,900
03/17/26
3
2
1,447
0.21
Single-Family Home
$393,000
05/19/26
4
2
1,802
0.20
Single-Family Home
$545,000
12/03/25
3
2
1,848
0.26
Single-Family Home
$565,000
07/02/26
3
2
1,680
0.29
Single-Family Home
$517,000
07/14/26
3
2
1,832
0.37
Single-Family Home
$495,000
07/07/26
3
2
1,521

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Assigned Schools

These are the assigned schools for 48 N Colonial Drive.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Lowe Estates

  • Darla R.
    "Beautiful shaded neighborhood. Nice homes with green lawns and large trees. Close to parks and shopping."
  • Jjc1001
    "I have lived in this neighborhood for 10 years. This is a close-knit community with very friendly neighbors who look out for each other. It is another of Gilbert's spotlessly clean neighborhoods and walking distance to Freestone Park. This neighborhood is a very safe place to live alone or raise a family. With the lovely mature pine trees and grass yards it has the feel of an eastern area in the middle of the desert."

LGBTQ Local Legal Protections

Roberta M Joseph, Simply Real Estate
Agent Phone: (505) 480-3853
48 N Colonial Drive, Gilbert, AZ 85234 is a 3 bedroom, 2 bathroom, 1,347 sqft single-family home built in 1985. 48 N Colonial Drive is located in Lowe Estates, Gilbert. This property is currently available for sale and was listed by ARMLS on Jul 24, 2026. The MLS # for this home is MLS# 7058036.