4338 E LANTERN Place, Gilbert, AZ 85297
$640,000
Property Type:
Residential
Bedrooms:
5
Baths:
3
Square Footage:
2,667
Lot Size (sq. ft.):
7,800
Status:
Active
Current Price:
$640,000
Last Modified:
9/21/2025
Description
Beautifully Updated Home in a Prime Gilbert Location!
This spacious home offers the perfect blend of comfort, convenience, and style. Ideally situated just 5 minutes from the freeway and close to shopping, dining, and entertainment.
Step inside to find an inviting layout with plenty of natural light. The kitchen features granite countertops, stainless steel appliances, and ample cabinetry, opening to the living area for seamless entertaining.
Enjoy peace of mind with a a brand-new roof and newer HVAC's. The primary suite boasts a stunning brand-new bathroom remodel, providing a luxurious retreat at the end of the day.
Outside, you'll find a spacious backyard with a covered patio—perfect for gatherings or simply relaxing.
Open Houses
Sunday, September 21, 11:00 am - 2:00 pm
More Information MLS# 6921653
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $640,000
Status: Active
Current Price: $640,000
List Date: 2025-09-18
Location, Tax & Legal
Assessor's Map #: 2
Legal Description (Abbrev): POWER RANCH NEIGHBORHOOD 1 MCR 518-11
Assessor's Parcel #: 460
Tax Municipality: Gilbert
Taxes: 2580
House Number: 4338
Compass: E
Street Name: LANTERN
St Suffix: Place
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85297
County Code: Maricopa
Assessor Number: 313-02-460
Subdivision: POWER RANCH NEIGHBORHOOD 1
Tax Year: 2024
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 2
Approx SQFT: 2667
Price/SqFt: 239.97
Approx Lot SqFt: 7800
Approx Lot Acres: 0.179
Horses: N
Builder Name: Meritage Homes
Elementary School District: Higley Unified School District
High School District: Higley Unified School District
Elementary School: Power Ranch Elementary
Jr. High School: Sossaman Middle School
High School: Higley High School
Community Pool Y/N: Yes
Private Pool Y/N: Yes
Dwelling Type: Single Family Residence
Exterior Stories: 2
# Bedrooms: 5
# Bathrooms: 3
Year Built: 2001
Legal Info
Range: 6E
Section: 12
Township: 2S
Lot Number: 98
Special Listing Cond
N/A: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Tile: 1
Pmt & Rate Info
Down Payment: 0
Total Asum Mnth Pmts: 0
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 0
HOA Fee: 384.5
HOA Paid Frequency: Quarterly
HOA Name: Power Ranch
HOA Telephone: 480-988-0960
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 2500
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2: 0
Cap Improvement/Impact Fee 2 $/%: $
Prepaid Association Fees HOA: 384.5
Disclosure Fees HOA: 0
Other Fees HOA: 0
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 128.17
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Master Bathroom
Full Bth Master Bdrm: 1
Double Vanity: 1
Master Bedroom
Upstairs: 1
Additional Bedroom
Other Bedroom Downstairs: 1
Master Bedroom Walk-in Closet: 1
Fireplace Features
No Fireplace: 1
Flooring
Carpet: 1
Tile: 1
Windows
Dual Pane: 1
Private Pool Features
Fenced: 1
Community Features
Biking/Walking Path: 1
Dining Area
Formal: 1
Eat-in Kitchen: 1
Heating
Natural Gas: 1
Kitchen Features
Built-in Microwave: 1
Dishwasher: 1
Disposal: 1
Kitchen Island: 1
Range/Oven Elec: 1
Refrigerator: 1
Granite Counters: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Laundry
Washer Included: 1
Dryer Included: 1
Inside: 1
Basement
Basement Y/N: N
Other Rooms
Family Room: 1
Separate Den/Office
Sep Den/Office Y/N: N
Features
Vaulted Ceiling(s): 1
Fencing
Block: 1
Wrought Iron: 1
Water Source
City Water: 1
Community Pool Features
Outdoor: 1
Exterior Features
Covered Patio(s): 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 3
Total Covered Spaces: 3
Garage Spaces: 3
Parking Features
Direct Access: 1
Garage Door Opener: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Utilities
SRP: 1
SW Gas: 1
Existing 1st Loan
Conventional: 1
Property Description
North/South Exposure: 1
Landscaping
Desert Back: 1
Grass Front: 1
Grass Back: 1
Items Updated
Ht/Cool Yr Updated: 2021
Ht/Cool Partial/Full: Full
Roof Yr Updated: 2024
Roof Partial/Full: Full
Bath(s) Yr Updated: 2022
Bath(s) Partial/Full: Full
Unit Style
Two Levels: 1
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Possession
Close of Escrow: 1
Association Fee Incl
Common Area Maint: 1
Assoc Rules/Info
Prof Managed: 1
Remarks Misc
Cross Street: Power and Germann
Directions: West on Germann to Ranch House Pkwy. Go south on Ranch House to Tannery and west on Tannery to Rim Rd. Go north on Rim to Lantern and west on Lantern to home.
Geo Lat: 33.26765
Geo Lon: -111.696649
Property Features
Special Listing Cond: N/A
Master Bathroom: Full Bth Master Bdrm; Double Vanity
Master Bedroom: Upstairs
Additional Bedroom: Other Bedroom Downstairs; Master Bedroom Walk-in Closet
Fireplace Features: No Fireplace
Flooring: Carpet; Tile
Windows: Dual Pane
Private Pool Features: Fenced
Community Pool Features: Outdoor
Spa: None
Community Features: Biking/Walking Path
Dining Area: Formal; Eat-in Kitchen
Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Counters; Kitchen Island
Laundry: Washer Included; Dryer Included; Inside
Other Rooms: Family Room
Features: Vaulted Ceiling(s)
Exterior Features: Covered Patio(s)
Parking Features: Direct Access; Garage Door Opener
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Tile
Cooling: Central Air; Ceiling Fan(s)
Heating: Natural Gas
Utilities: SRP; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Fencing: Wrought Iron; Block
Property Description: North/South Exposure
Landscaping: Desert Back; Grass Front; Grass Back
Lockbox Type: Supra
Possession: Close of Escrow
Unit Style: Two Levels
Association Fee Incl: Common Area Maint
Existing 1st Loan: Conventional
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: JR Jones Realty
Last Updated: September - 21 - 2025
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