862 E  Hearne Way, Gilbert, AZ 85234
Property image
Community pool 1/2 block away
OFF MARKET

862 E Hearne Way
Gilbert, AZ 85234

Sierra Springs
  • 3 Beds
  • 2 Baths
  • 1,355 sqft

$422,600

Trulia Estimate
as of Aug 24, 2026

$422,600

Trulia Estimate
as of Aug 24, 2026
  • 3 Beds
  • 2 Baths
  • 1,355 sqft

Home Highlights

Property Type
Single-Family Home
Living Area
1,355 sqft
Price/Sqft
$312
Parking
Attached Garage

Local Information

  • Map ViewExplore the area around 862 E Hearne Way.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Freestone Park Gem - this rare find in Gilbert. This luxurious home is steps away from Freestone park, the Freestone Recreation Center, and within walking distance to downtown Gilbert (OHSO, Culinary DropOut, Postinos) and Gilbert High School.

The smoke free home features vaulted ceilings, fireplace, hybrid flooring, newer vanities, newer butcher block counters, upgraded ceiling fans, sky lights in the kitchen, newer screens and paint inside/out. Enjoy all the amenities of apartment living with the HOA maintained front yard landscaping, HOA pool, and a private pool in your backyard. This is a must see and perfect location for those that love to explore the outdoors.

The home is energy efficient and low maintenance.
Updates include but are not limited to:
- energy efficient radiant barrier roof lower electrical bill (2022)
- higher seer AC unit (2022)
- variable speed pump for pool (2023)
- newer appliances (2022-2025)
- newer ceiling fans (2022)

All the benefits of a home but with Condo living. The HOA performs front yard landscaping. Backyard is a pool with patio. Opens up to Freestone park for running, playing soccer, baseball, fishing, or rock climbing at the recreation center. Walking Distance to Gilbert High and/or Downtown Gilbert.

Absolutely NO Smoking of any kind.. 2 small dogs allowed with pet deposit and pet rent, No cats. 1 year lease.
862 E Hearne Way, Gilbert, AZ 85234 is a 3 bedroom, 2 bathroom, 1,355 sqft single-family home in Sierra Springs. It last sold for $152,000 on Aug 29, 2004 (6,247% above the $2,395 asking price). More recently, it was listed as a rental in June 2026 with an asking price of $2,395 per month. That rental listing was removed on July 1, 2026. It is currently off market. The Trulia Estimate is $422,600, with a rent estimate of $2,446/month.

Home Details for 862 E Hearne Way

Interior Features

Heating & Cooling
Heating: Forced Air, FireplaceAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherMicrowaveRefrigerator
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Hardwood, Tile

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Pool
Pool
Parking & Garage
GarageParking: Attached Garage Off Street, On Site

Comparable Sales for 862 E Hearne Way

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.05
Single-Family Home
$425,000
04/22/26
3
2
1,397 sqft
0.12
Single-Family Home
$477,500
09/11/25
3
2
1,360 sqft
0.13
Single-Family Home
$539,900
03/17/26
3
2
1,447 sqft
0.18
Single-Family Home
$440,000
09/18/25
3
2
1,566 sqft
0.22
Single-Family Home
$565,000
07/02/26
3
2
1,680 sqft
0.27
Single-Family Home
$393,000
05/19/26
4
2
1,802 sqft
0.36
Single-Family Home
$495,000
07/07/26
3
2
1,521 sqft
0.30
Single-Family Home
$460,000
09/30/25
3
2
2,005 sqft
0.39
Single-Family Home
$508,000
03/12/26
3
2
1,521 sqft
0.28
Single-Family Home
$465,000
06/30/26
4
2
1,783 sqft

Nearby homes

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Jul 1, 2026
Source: Zillow Rentals
ListingRemoved
$2,395
Jun 30, 2026
Source: Zillow Rentals
Listed For Rent
$2,395
Jul 18, 2025
Source: Zillow Rentals
ListingRemoved
$2,395
Jun 23, 2025
Source: Zillow Rentals
PriceChange
$2,395
Price decreased by 4%
May 19, 2025
Source: Zillow Rentals
PriceChange
$2,495
Price decreased by 6%

Frequently asked questions about 862 E Hearne Way

  • What is 862 E Hearne Way estimated to be worth?
    Trulia's estimated value for 862 E Hearne Way in Gilbert, AZ is $422,600.
  • What is the price history for 862 E Hearne Way?
    862 E Hearne Way in Gilbert, AZ last sold for $152,000 in August 2004.
  • 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 862 E Hearne Way have air conditioning?
    Yes, 862 E Hearne Way in Gilbert, AZ has air conditioning.
  • Does 862 E Hearne Way have a pool?
    Yes, 862 E Hearne Way in Gilbert, AZ has a pool.

Homes for rent near 862 E Hearne Way

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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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