3122 S PENROSE Court 4, Gilbert, AZ 85295

$930,000
Property Type: Land Lot Size (sq. ft.): 44,007 Status: Closed
Current Price: $930,000 List Date: 7/02/2024 Last Modified: 2/02/2026

Description

New improved price! Now is the chance to seize the last remaining lot in the prestigious Temple View Estates in the heart of Gilbert. This premier 1-acre cul-de-sac lot offers the perfect canvas to design your custom luxury home. With all utilities and natural gas already connected, this lot is ready for immediate development. Situated directly across from the Gilbert Temple, the location is unmatched. Enjoy seamless access to the 202 freeway, San Tan Mall, top-rated schools, and premier healthcare facilities. This is a rare chance to secure a prime location in one of Gilbert's most sought-after neighborhoods. Don't miss this opportunity to build your dream home in the exclusive Temple Views community.

More Information MLS# 6685540

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $930,000 Sold Price: $930,000 Status: Closed List Date: 2024-03-28

Location, Tax & Legal

Lot #: 4 Assessor's Map #: 86 Legal Description (Abbrev): LOT 4 TEMPLE VIEW ESTATES MCR 124246 Assessor's Parcel #: 953 Add'l Parcels: No Tax Municipality: Gilbert Census Tract: 815500 Taxes: 2704 House Number: 3122 Compass: S Street Name: PENROSE St Suffix: Court City/Town Code: Gilbert State/Province: AZ Zip Code: 85295 Zip4: 7500 County Code: Maricopa Assessor Number: 304-86-953 Subdivision: TEMPLE VIEW ESTATES Tax Year: 2023

General Property Description

Apx Total Acres: 1.01 Apx Total Acres G/N: G Price Per Acre: 990098.02 Apx SqFt: 44007 Price Per SqFt: 22.72 Apx SqFt G/N: G Lot Size Dimensions: 222' x 200' Horses: Y Zoning: R-43

Legal Info

Range: 6E Section: 34 Township: 1S Lot Number: 4

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 999999 Total Owed: 0

Assoc/Prop Info

HOA Y/N: Y HOA Transfer Fee: 400 HOA Fee: 240 HOA Paid (Freq): Quarterly HOA Name: Temple View Estates HOA Telephone: 480-988-0239 PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Showing Notification Methods

Showing Service: No Showing Service Used No Notification Required to Show: 1

Lockbox Type

None: 1

Existing Land Use

Residential Lot: 1

Zoned Presently

Single Family: 1

Potential Use

Single Family: 1

Parcel Size

1.00 - 2.49 Acres: 1

Current Density

00 - 01 Units P/Acre: 1

Development Status

Other: 1 See Remarks: 1

Land Features

Cul-De-Sac: 1 Other: 1 See Remarks: 1

View

City Lights: 1

Land Configuration

Pad Site: 1 Other (See Rmks): 1

Road Access Type

Private Road: 1

Road Surface Type

Asphalt: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Electric

SRP: 1

Topography

Level: 1 Other (See Rmks): 1

Gas

SW Gas: 1

Existing Structures

None: 1

Distance to Cable

On Property: 1

New Financing

Cash: 1 Conventional: 1 Owner May Carry: 1

Distance to Phone

On Property: 1

Distance to Water

On Property: 1

Existing 1st Loan

Conventional: 1

Distance to Electric

On Property: 1

Existing 1st Loan Type

Fixed: 1

Distance to Gas

On Property: 1

Existing 1st Loan Terms

Non Assumable: 1

Distance to Sewer

On Property: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

Other (See Rmks): 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Other Loan

Not Applicable: 1

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Greenfield Rd. & Pecos Rd. Directions: East on Pecos from Greenfield, North on Penrose. Lot on left at the end of the cul-de-sac. Geo Lat: 33.293886 Geo Lon: -111.735764

Status Change Info

Off Market Date: 2024-08-01 Under Contract Date: 2024-08-01 Close of Escrow Date: 2024-08-28 Sold Price: $930,000

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family Potential Use: Single Family Parcel Size: 1.00 - 2.49 Acres Current Density: 00 - 01 Units P/Acre Development Status: Other; See Remarks Land Features: Cul-De-Sac; Other; See Remarks View: City Lights Land Configuration: Pad Site; Other (See Rmks) Road Access Type: Private Road Road Surface Type: Asphalt Topography: Level; Other (See Rmks) Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: On Property Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Non Assumable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional; Owner May Carry Environmental: None Showing Notification Methods: No Notification Required to Show Lockbox Type: None
Listing Office: eXp Realty
IDX
Last Updated: February - 02 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.