492 N FALCON Drive, Gilbert, AZ 85234
Property image
Property image
OFF MARKET

$551,100

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,804 sqft

492 N FALCON Drive, Gilbert, AZ 85234

Highland Ranch
Est. Refi. Payment $3,208/mo*
Refinance Your Home
Currently Off Market - Sold Oct 7, 2024 for $550,000

Home Value

Trulia Estimate
$551K
Since last month
Decreased$3K (-0.6%)
Since last year
Increased$21K (+3.9%)
Since last sale
Increased$300 (+0.1%)
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 +100% in the last 10 years
MonthEstimated value
2026
September 2026$550K
August 2026$553K
July 2026$553K
June 2026$557K
May 2026$547K
April 2026$536K
March 2026$531K
February 2026$534K
January 2026$534K
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
0.01
Single-Family Home
$535,000
08/07/26
4
2
2,292
0.05
Single-Family Home
$580,000
05/05/26
3
2
1,750
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

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
$535,000
4
2
2,292
Recently Sold
0.05
$580,000
3
2
1,750
Recently Sold
0.03
$496,500
4
2
1,804
Off Market
0.04
$558,300
4
2
1,804
Off Market
0.09
$670,100
5
3
3,175
Off Market
0.09
$714,200
4
2
2,470
Off Market
0.13
$478,300
3
2
1,604
Off Market
0.12
$530,000
4
2
2,939
Recently Sold
0.16
$499,900
3
2
1,881
Recently Sold
0.17
$725,000
5
3
3,745
For Sale
0.17
$579,700
3
2
1,928
Off Market

Local Information

  • Map ViewExplore the area around 492 N FALCON Drive.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1999
1,804 sqft
$305/sqft
Garage
HOA $62/mo

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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $551,100, with a rent estimate of $3,070/month.
Last check for updates: about 1 hour 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.

Home Details for 492 N FALCON Drive

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 7

Property Information

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

Price & Status

Price
List Price: $550,000
Status Change & Dates
Off Market Date: Wed Aug 07 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

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

Building

Building Details
Builder Name: MARACAY HOMES
Building Area
Building Area: 1804 Square Feet

Community

Community Features: Playground, Biking/Walking Path
Other
Playground

HOA

HOA Fee Includes: Maintenance Grounds, Street MaintHOA Name: Highland Ranch IIHOA Phone: 480-635-1133Has an HOAHOA Fee: $185/Quarterly

Lot Information

Lot Area: 7688 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6737748

Additional Information

PlaygroundBiking/Walking Path

Price and Tax history

DateEventPrice
Oct 7, 2024
Source: ARMLS #6737748
Sold
$550,000
Aug 7, 2024
Source: ARMLS #6737748
Pending
$550,000
Jul 31, 2024
Source: ARMLS #6737748
Listed For Sale
$550,000
Mar 4, 2004
Source: N/A
Sold
$181,000
Dec 4, 2000
Source: N/A
Sold
$184,600

Market trends in Gilbert

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$575K
$1.5K
MoM
Sale-to-List Price
98.8%
0.1%
MoM
Price per sq ft
$279
$0
MoM
Available listings
1109
4
MoM

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. "

LGBTQ Local Legal Protections

Frequently asked questions about 492 N FALCON Drive

  • What is 492 N FALCON Drive estimated to be worth?
    Trulia's estimated value for 492 N FALCON Drive in Gilbert, AZ is $551,100.
  • What is the price history for 492 N FALCON Drive?
    492 N FALCON Drive in Gilbert, AZ last sold for $550,000 in October 2024.
  • 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 492 N FALCON Drive have air conditioning?
    Yes, 492 N FALCON Drive in Gilbert, AZ has air conditioning.
  • Does 492 N FALCON Drive have a pool?
    Yes, 492 N FALCON Drive in Gilbert, AZ has a pool.

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