$975,000
Original price: $1,000,000
- 5 Beds
- 3 Baths
- 2,850 sqft
992 E PARKVIEW Drive, Gilbert, AZ 85295
Est. Mortgage $5,545/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 96% nearby.
Home Highlights
Parking
Garage
Outdoor
Pool
HOA
$130/Monthly
Price/Sqft
$342
Climate Control
Electric & Ceiling Fans
Listed
39 days ago
Local Information
-- mins to
About this House
Check out this energy efficient(The average electric bill for the past 15 months is only $115.50), 5 bed, 3 bath & a versatile BONUS room, all set on a great homesite w/ NORTH/SOUTH exposure & a lifestyle designed for both comfort & functionality. Blending modern upgrades with everyday livability, the home delivers a rare combination of space, location, and resort-inspired outdoor living in one of the East Valley's most sought-after communities. Inside, an OPEN-CONCEPT layout and SPLIT FLOOR PLAN create a natural sense of flow while maintaining privacy where it matters most. BRAND NEW light oak WIDE-PLANK luxury vinyl flooring extends throughout the main living areas, establishing a warm yet contemporary foundation. The Chef's kitchen features QUARTZ countertops, SUBWAY TILE BACKSPLASH, 48-inch upper cabinetry, and Electric cooktop that elevates both everyday cooking and entertaining with precision and performance.
The primary suite features split vanities and is highlighted by a spa-inspired oversized walk-in tiled shower with pebble flooring and a glass wall that delivers a clean, modern sense of refinement.
The backyard is designed to elevate everyday living into something truly special. A resort-style POOL anchors the outdoor space, complemented by a dedicated PUTTING GREEN. A COVERED PATIO extends the living area outdoors, creating an inviting setting for dining, relaxing, or entertaining, while the expansive lot provides room to unwind, play, and gather with ease.
Ideally situated just moments from SanTan Village, a rapidly expanding destination for premier retail, dining, and entertainment this location places you at the center of Gilbert's most dynamic corridor. Surrounded by neighborhood parks, everyday conveniences, and a thriving community atmosphere, this home offers more than a residence; it delivers a lifestyle defined by accessibility, growth, and modern Arizona living.
The primary suite features split vanities and is highlighted by a spa-inspired oversized walk-in tiled shower with pebble flooring and a glass wall that delivers a clean, modern sense of refinement.
The backyard is designed to elevate everyday living into something truly special. A resort-style POOL anchors the outdoor space, complemented by a dedicated PUTTING GREEN. A COVERED PATIO extends the living area outdoors, creating an inviting setting for dining, relaxing, or entertaining, while the expansive lot provides room to unwind, play, and gather with ease.
Ideally situated just moments from SanTan Village, a rapidly expanding destination for premier retail, dining, and entertainment this location places you at the center of Gilbert's most dynamic corridor. Surrounded by neighborhood parks, everyday conveniences, and a thriving community atmosphere, this home offers more than a residence; it delivers a lifestyle defined by accessibility, growth, and modern Arizona living.
Last check for updates: about 5 hours ago
Listing courtesy of Heather Openshaw, (480) 462-5939
Keller Williams Integrity First Realty
Devan Statler, (816) 269-6883
Keller Williams Integrity First Realty
Source: ARMLS, MLS#7054949

Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
We estimate this home will sell faster than 96% nearby.
Home Details for 992 E PARKVIEW Drive
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 2850 Square Feet |
Appliances & Utilities Appliances: Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Oven, Electric CooktopDishwasherDisposalDryerRefrigeratorWasher |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Ceiling Fan(s),Programmable ThmstatHas HeatingHeating Fuel: Electric |
Fireplace & Spa Spa: NoneNo Fireplace |
Windows, Doors, Floors & Walls Window: Low Emissivity Windows, Double Pane WindowsFlooring: Carpet, Vinyl, Tile |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Floors: Carpet, Vinyl, Tile |
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Exterior Home Features Roof: TilePatio / Porch: CoveredFencing: BlockExterior: Private YardHas a Private Pool |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 2No CarportHas a GarageHas Open ParkingParking Spaces: 5Parking: Garage Door Opener,Direct Access |
Pool Pool: Play Pool, Fenced, HeatedPool |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 36Days on Market: 39 |
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Year Built Year Built: 2017 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Stucco, Wood Frame, Painted, StoneNot Attached Property |
Property Information Parcel Number: 30486805 |
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Price List Price: $975,000Price Per Sqft: $342 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: GilbertCommunity: ESTATES AT VELVENDO PHASE 2 |
School Information Elementary School: Spectrum ElementaryElementary School District: Gilbert Unified DistrictJr High / Middle School: South Valley Jr. HighHigh School: Campo Verde High SchoolHigh School District: Gilbert Unified District |
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Listing Agent Listing ID: 7054949 |
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Building Details Builder Name: Meritage Homes |
Building Area Building Area: 2850 Square Feet |
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Community Features: Playground, Biking/Walking Path |
Other Playground |
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HOA Fee Includes: Maintenance GroundsHOA Name: Velvendo Comm. Ass.HOA Phone: 602-437-4777Has an HOAHOA Fee: $390/Quarterly |
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Lot Area: 8750 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Energy Efficiency Features: Solar Panels |
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Business Information Ownership: Fee Simple |
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Mls Number: 7054949 |
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PlaygroundBiking/Walking Path |
Around this home
What Locals Say about Velvendo
At least 5 Trulia users voted on each feature.
100 % Say there's holiday spirit
100 % Say there are sidewalks
100 % Say streets are well-lit
88 % Say car is needed
86 % Say kids play outside
86 % Say it's dog friendly
86 % Say yards are well-kept
86 % Say it's quiet
82 % Say parking is easy
80 % Say people would walk alone at night
56 % Say there are community events
50 % Say it's walkable to grocery stores
40 % Say neighbors are friendly
38 % Say it's walkable to restaurants
33 % Say they plan to stay for at least 5 years
10 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in Gilbert
Last updated July 2026
Avg. sale price
$574K
$4.67KMoM
Sale-to-List Price
98.9%
Price per sq ft
$279
$0MoM
Available listings
1109
12MoM
Home Value
Trulia Estimate
$958KSince last month
Decreased$34K (-3.4%)Since last year
Increased$44K (+4.8%)Since last sale
Increased$58K (+6.4%)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 +192% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $958K |
| July 2026 | $992K |
| June 2026 | $910K |
| May 2026 | $914K |
| April 2026 | $922K |
| March 2026 | $930K |
| February 2026 | $923K |
| January 2026 | $909K |
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 |
|---|---|---|---|---|---|---|---|
0.07 | Single-Family Home | $950,000 | 02/27/26 | 4 | 3 | 2,826 | |
0.19 | Single-Family Home | $870,000 | 08/07/26 | 4 | 3 | 2,826 | |
0.17 | Single-Family Home | $989,000 | 06/15/26 | 4 | 3 | 3,047 | |
0.01 | Single-Family Home | $1,015,000 | 07/13/26 | 5 | 4 | 4,271 | |
0.27 | Single-Family Home | $850,000 | 11/17/25 | 4 | 3 | 2,826 | |
0.14 | Single-Family Home | $867,000 | 11/20/25 | 4 | 2.5 | 3,275 | |
0.13 | Single-Family Home | $815,000 | 06/12/26 | 5 | 4 | 4,271 | |
0.37 | Single-Family Home | $710,000 | 11/25/25 | 5 | 2.5 | 3,037 | |
0.30 | Single-Family Home | $680,000 | 07/15/26 | 4 | 3 | 2,382 |
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 |
|---|---|---|---|---|---|---|
0.02 | $1,015,000 | 5 | 4 | 4,271 | Recently Sold | |
0.07 | $950,000 | 4 | 3 | 2,826 | Recently Sold | |
0.08 | $1,300,000 | 7 | 4 | 6,046 | Recently Sold | |
0.12 | $1,105,500 | 5 | 4 | 4,271 | Off Market | |
0.11 | $1,168,000 | 4 | 4 | 3,771 | Off Market | |
0.12 | $1,401,400 | 6 | 4.5 | 5,137 | Off Market | |
0.13 | $815,000 | 5 | 4 | 4,271 | Recently Sold | |
0.14 | $1,325,800 | 6 | 5 | 5,137 | Off Market | |
0.14 | $867,000 | 4 | 2.5 | 3,275 | Recently Sold | |
0.16 | $886,600 | 4 | 3 | 2,826 | Off Market | |
0.14 | $966,300 | 5 | 4 | 4,271 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 4, 2026 Source: ARMLS #7054949 | PriceChange | $975,000 Price decreased by 3% |
Jul 23, 2026 Source: ARMLS #7054949 | Listed For Sale | $1,000,000 |
Mar 9, 2022 Source: ARMLS #6344113 | Sold | $900,000 |
Mar 8, 2022 Source: ARMLS #6344113 | Pending | $900,000 |
Mar 8, 2022 Source: ARMLS #6344113 | PendingToActive | $900,000 |
Jan 26, 2022 Source: ARMLS #6344113 | Pending | $900,000 |
Jan 20, 2022 Source: ARMLS #6344113 | Listed For Sale | $900,000 |
Jun 9, 2017 Source: N/A | Sold | $476,502 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,031 | $717,200 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Heather Openshaw, Keller Williams Integrity First Realty
Agent Phone: (480) 462-5939

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Frequently asked questions about 992 E PARKVIEW Drive
- What is the estimated monthly payment for 992 E PARKVIEW Drive?Based on a $975,000 list price with 20% down at today's rates, the estimated monthly payment for 992 E PARKVIEW Drive in Gilbert, AZ is approximately $5,558 (about $5,150 principal & interest, $333 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 992 E PARKVIEW Drive compare to homes in Gilbert?992 E PARKVIEW Drive in Gilbert, AZ is listed at $975,000, about 70% above the $574K median sale price in Gilbert.
- What do residents say about the Velvendo neighborhood?Residents describe the Velvendo neighborhood in Gilbert, AZ as pedestrian-friendly, dog-friendly, and well-kept. See homes for sale in Velvendo, Gilbert.
- What are the closest schools to 992 E PARKVIEW Drive?The closest schools to 992 E PARKVIEW Drive in Gilbert, AZ are Campo Verde High School (Middle, rated 7/10), South Valley Jr. High School (rated 8/10), Spectrum Elementary School (Pre-K, rated 9/10).
- Does 992 E PARKVIEW Drive have air conditioning?Yes, 992 E PARKVIEW Drive in Gilbert, AZ has air conditioning.
- Does 992 E PARKVIEW Drive have a pool?Yes, 992 E PARKVIEW Drive in Gilbert, AZ has a pool.

