4507 E Lantern Place, Gilbert, AZ 85297

$685,000
5
BD
3
BA
3,353
SqFt

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Sold Price
$685,000
List Price
$709,000
Closing Date
Aug 08, 2025
Days on Market
79
Status
CLOSED
MLS#
6869834
City
Gilbert
Bedrooms
5
Bathrooms
3
Living SQFT
3,353
Lot Size
10,040
Subdivision
Power Ranch Neighborhood 3
Year Built
2003
Type
Single Family Residence

Property Description

Your dream home awaits in the award-winning Power Ranch community! From the moment you pull up, your greeted with exquisite stone accents, 3 car garage and an extended driveway. Step inside and you're greeted by a dramatic entryway, elegant flooring and fresh interior paint. Features a spacious loft, full bedroom downstairs next to a renovated bath, 2 large family rooms, AND the primary retreat has a separate space that can be used for a home office, gym or you decide! Large chef kitchen with center island, plus oversized breakfast bar, and a separate dining space with two pantries. Situated on an oversized lot with no neighbors directly behind, the backyard is a true retreat—featuring a sparkling heated pool, relaxing spa, large grassy play area, and a covered patio ideal for... Arizona outdoor living. Upstairs features a smart split layout with a versatile loft, three bedrooms with new carpet, a full bath on one side, and a luxurious primary suite on the other. The oversized primary includes a spa-like bath with dual sinks, separate shower, and relaxing soaking tub. Large laundry room offers extra storage. This home checks every boxcome see it today! Power Ranch is home to 2 elementary schools, 2 heated community pools, lush greenbelts, miles of walking trails, catch and release lakes, soccer fields, parks, basketball courts, and a clubhouse. Welcome home!

Additional Information

Elementary School
Power Ranch Elementary
High School
Higley High School
Middle School
Sossaman Middle School
Acres
0.23
Architecture
Santa Barbara/Tuscan
Assoc Fee Includes
Maintenance Grounds
Hoa Fee
$348
Hoa Fee Frequency
Quarterly
Hoa
Yes
Hoa Name
Power Ranch Assoc.
Builder Name
William Lyons
Community
Power Ranch
Community Features
Lake, Playground, Biking/Walking Path, Clubhouse
Construction
Wood Frame, Painted, Stucco, Brick Veneer
Cooling
Central Air
Exterior Features
Balcony
Fencing
Block
Flooring
Carpet, Laminate, Tile
Garage Spaces
3
Heating
Natural Gas
Laundry
Inside
Living Area
3,353
Lot Size
10,040
New Financing
Cash, VA Loan, FHA, Conventional
Other Rooms
Family Room, Great Room, Loft
Parking Features
Garage Door Opener
Lot Features
Desert Front, Gravel/Stone Front, Grass Back, Irrigation Front, Irrigation Back
Roofing
Tile
Pool
Yes
Spa
Private, Heated
Stories
2
Style
Santa Barbara/Tuscan
Subdivision
Power Ranch Neighborhood 3
Taxes
$2,974
Tax Year
2024
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Compass. Selling Office: Real Broker.

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