517 E PONY Lane, Gilbert, AZ 85295
Property image
Property image
OFF MARKET

$1,367,900

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,600 sqft (on 2.17 acres)

517 E PONY Lane, Gilbert, AZ 85295

Palomino Estates
Est. Refi. Payment $7,567/mo*
Refinance Your Home
Currently Off Market - Sold Jan 23, 2025 for $1,349,000

Home Value

Trulia Estimate
$1.37M
Since last month
Increased$31K (+2.3%)
Since last year
Increased$43K (+3.3%)
Since last sale
Increased$19K (+1.4%)
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 +247% in the last 10 years
MonthEstimated value
2026
August 2026$1.37M
July 2026$1.34M
June 2026$1.32M
May 2026$1.32M
April 2026$1.31M
March 2026$1.31M
February 2026$1.32M
January 2026$1.32M
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
0.31
Single-Family Home
$900,000
04/16/26
3
3
1,640
0.60
Single-Family Home
$2,165,000
12/17/25
4
4
2,820
0.51
Single-Family Home
$1,251,450
06/26/26
3
2
2,409
0.16
Single-Family Home
$3,200,000
03/17/26
5
4
6,545
0.65
Single-Family Home
$1,600,000
05/20/26
5
3
3,491
0.44
Single-Family Home
$1,325,000
02/03/26
4
4.5
4,403
0.47
Single-Family Home
$1,010,000
03/05/26
5
2.5
3,482
0.44
Single-Family Home
$775,000
08/29/26
4
2.5
2,736
0.34
Single-Family Home
$1,560,000
06/12/26
6
4.5
5,013

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
0.08
$1,079,000
4
2
1,987
Off Market
0.14
$1,355,600
4
3
2,604
Off Market
0.16
$3,200,000
5
4
6,545
Recently Sold
0.19
$1,402,800
6
5.5
5,799
Off Market
0.21
$2,020,100
5
4
4,624
Off Market
0.31
$957,600
4
3
2,590
Off Market
0.29
-
-
-
-
Off Market
0.31
$900,000
3
3
1,640
Recently Sold
0.33
$3,194,000
5
5
4,765
Off Market
0.29
$948,600
3
2.5
2,522
Off Market
0.30
$1,072,200
4
3
3,005
Off Market

Local Information

  • Map ViewExplore the area around 517 E PONY Lane.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1965
Lot Size
2.17 acres
Living Area
2,600 sqft
Price/Sqft
$526
Parking
Garage

About this House

Here's your chance to surround yourself with some much needed peace & quiet in the middle of town!
The perfect set-up to build an RV garage, add onto the existing home for a next generation, or guest quarters. the possibilities are endless !
4BR/3BA home with recently added updates, huge living & great room, updated kitchen & oversized mud/laundry room.
Stone & wood flooring throughout & a cozy fireplace in the great room.
Over 2-acres to stretch out, ride horses & to store your trucks, toys & trailers!
Arena, tack room, 2-stables & tons of storage!
New painted stucco smooth exterior finish, new dual pane windows, Anderson French doors & an updated roof to name a few updates.
Superior location, only 5 minutes to the south 202 FWY, & 30 minutes east of Phoenix, a must see !
517 E PONY Lane, Gilbert, AZ 85295 is a 4 bedroom, 3 bathroom, 2,600 sqft single-family home in Palomino Estates, built in 1965. It last sold for $1,349,000 on Jan 23, 2025 (10% below the $1,499,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,367,900, with a rent estimate of $3,711/month.
Last check for updates: about 3 hours ago
Listed by Mark Captain, (480) 695-3847
Keller Williams Realty Sonoran Living
Cayman J. Captain, (480) 695-6001
Keller Williams Realty Sonoran Living
Bought with: Heidi Majidi, (602) 570-8113, RE/MAX Fine Properties
Source: ARMLS, MLS#6785523
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 517 E PONY Lane

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2600 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Electric Cooktop, Water PurifierDishwasherDisposalLaundry: Inside,See Remarks
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
Spa: None
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Laminate, Stone
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Accessibility: Accessible Hallway(s)Floors: Laminate, Stone

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: PatioFencing: OtherExterior: StorageHas a Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 4No CarportHas a GarageHas Open ParkingParking Spaces: 7Parking: Extended Length Garage
Pool
Pool: Diving Pool, LapPool
Frontage
Responsible for Road Maintenance: County Maintained RoadNot on Waterfront
Farm & Range
Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 53

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Stucco, Painted, BlockNot Attached Property
Property Information
Usage of Home: Ranch, FarmParcel Number: 30443046

Price & Status

Price
List Price: $1,499,900
Status Change & Dates
Off Market Date: Sun Jan 19 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: GilbertCommunity: PALOMINO ACRES
School Information
Elementary School: Ashland ElementaryElementary School District: Gilbert Unified DistrictJr High / Middle School: South Valley Jr. HighHigh School: Campo Verde High SchoolHigh School District: Gilbert Unified District

Building

Building Area
Building Area: 2600 Square Feet

HOA

HOA Fee Includes: No FeesNo HOA

Lot Information

Lot Area: 2.1705 Acres

Offer

Listing Terms: Cash, Conventional, VA Loan

Energy

Energy Efficiency Features: Multi-Zones

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6785523

Price and Tax history

DateEventPrice
Jan 23, 2025
Source: ARMLS #6785523
Sold
$1,349,000
Jan 19, 2025
Source: ARMLS #6785523
Pending
$1,499,900
Dec 30, 2024
Source: ARMLS #6785523
PriceChange
$1,499,900
Price decreased by 16%
Nov 26, 2024
Source: ARMLS #6785523
PriceChange
$1,779,900
Price decreased by 15%
Nov 10, 2024
Source: N/A
Listed For Sale
$2,100,000

Market trends in Gilbert

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$574K
$4.67K
MoM
Sale-to-List Price
98.9%
Price per sq ft
$279
$0
MoM
Available listings
1109
12
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Palomino Estates

At least 1 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say it's walkable to restaurants

  • 100 % Say parking is easy

  • 100 % Say car is needed

  • 100 % Say streets are well-lit

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say it's walkable to grocery stores

  • 50 % Say there are community events

  • 50 % Say neighbors are friendly

  • 50 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 517 E PONY Lane

  • What is 517 E PONY Lane estimated to be worth?
    Trulia's estimated value for 517 E PONY Lane in Gilbert, AZ is $1,367,900.
  • What is the price history for 517 E PONY Lane?
    517 E PONY Lane in Gilbert, AZ last sold for $1,349,000 in January 2025.
  • 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 $574K. That is up $4.67K from the prior month.
  • Does 517 E PONY Lane have air conditioning?
    Yes, 517 E PONY Lane in Gilbert, AZ has air conditioning.
  • Does 517 E PONY Lane have a pool?
    Yes, 517 E PONY Lane in Gilbert, AZ has a pool.

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