492 N FALCON Drive
Gilbert, AZ 85234
Highland Ranch- 4 Beds
- 2 Baths
- 1,804 sqft
4 Beds
2 Baths
1,804 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1999
Living Area
1,804 sqft
Price/Sqft
$306
Parking
Garage
HOA
$62/Monthly
About this House
This amazing home is located within the beautiful Highland Ranch community. Inside you'll find vaulted ceilings with modern lighting, gorgeous ceramic flooring, and plenty of natural light. The open kitchen includes plenty of counter space, stainless steel appliances, and a beautiful island. The primary bedroom features vaulted ceilings, bay windows, a walk-in closet, private washroom, dual sinks, and a modern standing shower. A sparkling pool with water feature, covered patio, massive green space, storage shed, and RV gate, offer plenty of room for activities. The home also features a 3-car garage with plenty of built-in storage and dedicated laundry room. Conveniently located a quick walk to Elliot District Park, a short drive to the Superstition Golf Club, shopping, dining, and US-60.
492 N FALCON Drive, Gilbert, AZ 85234 is a 4 bedroom, 2 bathroom, 1,804 sqft single-family home in Highland Ranch, built in 1999. It last sold for the $550,000 asking price on Oct 7, 2024. It is currently off market. The Trulia Estimate is $551,800, with a rent estimate of $2,968/month.
Home Details for 492 N FALCON Drive
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 1804 Square Feet |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Electric |
Fireplace & Spa Spa: None |
Windows, Doors, Floors & Walls Flooring: Carpet, Tile |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Floors: Carpet, Tile |
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Exterior Home Features Roof: Tile ConcretePatio / Porch: CoveredFencing: BlockExterior: StorageHas a Private Pool |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 3No CarportHas a GarageHas Open ParkingParking Spaces: 6Parking: RV Gate,Garage Door Opener,Direct Access,Attch'd Gar Cabinets |
Pool Pool |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 7 |
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Year Built Year Built: 1999 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary |
Building Construction Materials: Stucco, Wood Frame, PaintedNot Attached Property |
Property Information Parcel Number: 30416305 |
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Price List Price: $550,000 |
Status Change & Dates Off Market Date: Wed Aug 07 2024Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: GilbertCommunity: HIGHLAND RANCH PHASE 2 AMD |
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 |
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Building Details Builder Name: MARACAY HOMES |
Building Area Building Area: 1804 Square Feet |
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Community Features: Playground, Biking/Walking Path |
Other Playground |
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HOA Fee Includes: Maintenance Grounds, Street MaintHOA Name: Highland Ranch IIHOA Phone: 480-635-1133Has an HOAHOA Fee: $185/Quarterly |
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Lot Area: 7688 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: 6737748 |
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PlaygroundBiking/Walking Path |
Last check for updates: about 11 hours ago
Listed by Daniel Brown, (480) 648-9234
My Home Group Real Estate
Bought with: Elicia Rodriguez, (602) 741-0808, Good Company Real Estate
Source: ARMLS, MLS#6737748

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 492 N FALCON Drive
| Date | Price | Event | Source |
|---|---|---|---|
| 10/07/2024 | $550,000 | Sold | ARMLS #6737748 |
| 08/07/2024 | $550,000 | Pending | ARMLS #6737748 |
| 07/31/2024 | $550,000 | Listed For Sale | ARMLS #6737748 |
| 03/04/2004 | $181,000 | Sold | N/A |
| 12/04/2000 | $184,600 | 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 | $1,842 |
| Assessment | $430,300 |
Home facts updated by county records
Comparable Sales for 492 N FALCON Drive
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | $580,000 | 05/05/26 | 3 | 2 | 1,750 | |
0.09 | Single-Family Home | $728,000 | 08/29/25 | 4 | 2 | 2,470 | |
0.12 | Single-Family Home | $530,000 | 04/30/26 | 4 | 2 | 2,939 | |
0.17 | Single-Family Home | $590,000 | 09/30/25 | 3 | 2 | 1,928 | |
0.16 | Single-Family Home | $499,900 | 12/24/25 | 3 | 2 | 1,881 | |
0.22 | Single-Family Home | $500,000 | 01/22/26 | 4 | 3 | 2,195 | |
0.45 | Single-Family Home | $490,000 | 12/03/25 | 3 | 2 | 1,805 | |
0.22 | Single-Family Home | $512,000 | 06/05/26 | 4 | 3 | 2,147 | |
0.41 | Single-Family Home | $518,000 | 06/23/26 | 3 | 2 | 1,564 | |
0.26 | Single-Family Home | $525,000 | 02/10/26 | 4 | 2.5 | 2,195 |
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