414 E MORGAN Drive, Gilbert, AZ 85295

$1,350,000
Property Type: Residential Bedrooms: 4 Baths: 2.5 Square Footage: 2,604 Lot Size (sq. ft.): 96,686 Status: Closed
Current Price: $1,350,000 Last Modified: 8/27/2025

Overview

Description

Hard-to-find Gilbert horse property on 2.2 acres—no HOA & set up for serious function. Solid slump block home built in 1965 w/ charm you can't recreate today, including a private courtyard w/ herringbone pavers. Approx. 1.5 acres of flood-irrigated pasture, 5-stall barn w/ overhangs & turnouts, tack room, wash rack, hay barn, & insulated workshop w/ mini split. Room for horses, trailers, RVs, or that future guest house or arena. Mid-century character shines through original details like wood-burning fireplace, & unique architectural lines. The established neighborhood offers mature trees, space between neighbors, & that ''they-don't-build-'em-like-this'' vibe. You're minutes from SanTan Village, Downtown Gilbert, top-rated Gilbert schools, & the 202. Not many like this left.

Listing Details MLS# 6890872

Location, Tax & Legal

House Number
414
Compass
E
Street Name
MORGAN
St Suffix
Drive
City/Town Code
Gilbert
State/Province
AZ
Zip Code
85295
Zip4
5241
Country
US
County Code
Maricopa
Assessor Number
304-43-033
Subdivision
PALOMINO ACRES
Tax Year
2024
Assessor's Map #
43
Legal Description (Abbrev)
LOT 17 PALOMINO ACRES MCR 009538
Assessor's Parcel #
33
Tax Municipality
Gilbert
Taxes
2503

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
4
Full Bathrooms
2
Half Bathrooms
Yes
Total Bathrooms
2.5
Approx SQFT
2604
Price/SqFt
518.43
Horses
Y
Builder Name
Unkonwn
Year Built
1965
Lead Based Hazard Disclosure
Yes
Approx Lot SqFt
96686
Approx Lot Acres
2.22
Flood Zone
No
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
Yes
Fireplaces Total
Yes
Marketing Name
Horse Property
Elementary School District
Gilbert Unified District
High School District
Gilbert Unified District
Elementary School
Ashland Elementary
Jr. High School
South Valley Jr. High
High School
Campo Verde High School

Remarks Misc

Cross Street
Gilbert and Williamsfield

Status Change Info

Off Market Date
2025-07-31
Under Contract Date
2025-07-17
Close of Escrow Date
2025-08-26

Legal Info

Township
1S
Range
6E
Section
30
Lot Number
17

More Information

Basement

Basement Y/N
N

Parking Spaces

Carport Spaces
2
Slab Parking Spaces
2
Total Covered Spaces
2

Cooling

HVAC SEER Rating
16
Ceiling Fan(s)
Yes
Central Air
Yes

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

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

Special Listing Cond

N/A
Yes

Construction

Slump Block
Yes

Const - Finish

Other (See Remarks)
Yes

Roofing

Composition
Yes

Association & Fees

HOA Y/N
N
PAD Fee Y/N
N
Land Lease Fee Y/N
N
Ttl Mthly Fee Equiv
0

Lockbox Type

Supra
Yes

Architecture

Ranch
Yes

Master Bathroom

Full Bth Master Bdrm
Yes
Double Vanity
Yes
Tub with Jets
Yes

Additional Bedroom

Master Bedroom Walk-in Closet
Yes

Add'l Property Use

Farm
Yes
Ranch
Yes

Fireplace Features

Fireplace Family Rm
Yes

Flooring

Carpet
Yes
Tile
Yes

Dining Area

Formal
Yes

Heating

Electric
Yes

Kitchen Features

Built-In Electric Oven
Yes
Dishwasher
Yes
Disposal
Yes
Built-in Microwave
Yes
Pantry
Yes
Refrigerator
Yes
Walk-in Pantry
Yes
Electric Cooktop
Yes
Granite Counters
Yes

Interior Features

No Interior Steps
Yes

Laundry

Washer Included
Yes
Dryer Included
Yes

Other Rooms

Family Room
Yes
Arizona Room/Lanai
Yes
Separate Workshop
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Road Responsibility

City Maintained Road
Yes

Technology

Pre-Wire Srnd Snd
Yes
Cable TV Avail
Yes
High Speed Internet
Yes

Fencing

Wrought Iron
Yes
Chain Link
Yes
Wire
Yes

Water Source

City Water
Yes

Exterior Features

Covered Patio(s)
Yes
Screened in Patio(s)
Yes
Storage
Yes
Pvt Yrd(s)/Crtyrd(s)
Yes

Spa

Above Ground
Yes

Sewer

Septic Tank
Yes
Septic-In & Connected
Yes

Parking Features

Rear Vehicle Entry
Yes
RV Gate
Yes
Separate Strge Area
Yes
Side Vehicle Entry
Yes
RV Access/Parking
Yes

Irrigation

Flood
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
1031 Exchange
Yes

Plumbing

Electric Hot Wtr Htr
Yes

Utilities

SRP
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Property Description

Corner Lot
Yes
North/South Exposure
Yes

Landscaping

Grass Front
Yes
Grass Back
Yes
Yrd Wtring Sys Front
Yes
Irrigation Back
Yes

Services

City Services
Yes

Horse Features

Corral(s)
Yes
Stall
Yes
Barn
Yes
Tack Room
Yes
Auto Water
Yes

Disclosures

Seller Discl Avail
Yes
Agency Discl Req
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

No Fees
Yes

Assoc Rules/Info

None
Yes

Property Features

Special Listing Cond: N/A Add'l Property Use: Farm; Ranch Architecture: Ranch Master Bathroom: Full Bth Master Bdrm; Double Vanity; Tub with Jets Additional Bedroom: Master Bedroom Walk-in Closet Fireplace Features: Fireplace Family Rm Flooring: Carpet; Tile Spa: Above Ground Dining Area: Formal Kitchen Features: Built-In Electric Oven; Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Walk-in Pantry; Granite Counters Laundry: Washer Included; Dryer Included Other Rooms: Family Room; Arizona Room/Lanai; Separate Workshop Interior Features: No Interior Steps Technology: Pre-Wire Srnd Snd; Cable TV Avail; High Speed Internet Exterior Features: Covered Patio(s); Pvt Yrd(s)/Crtyrd(s); Screened in Patio(s); Storage Parking Features: Rear Vehicle Entry; RV Access/Parking; RV Gate; Separate Strge Area; Side Vehicle Entry Road Responsibility: City Maintained Road Construction: Slump Block Const - Finish: Other (See Remarks) Roofing: Composition Cooling: Central Air; Ceiling Fan(s) Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Irrigation: Flood Sewer: Septic Tank; Septic-In & Connected Services: City Services Fencing: Wrought Iron; Chain Link; Wire Property Description: Corner Lot; North/South Exposure Landscaping: Grass Front; Grass Back; Yrd Wtring Sys Front; Irrigation Back Horse Features: Corral(s); Stall; Barn; Tack Room; Auto Water Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; Conventional; 1031 Exchange Disclosures: Seller Discl Avail; Agency Discl Req
IDX
Listing Office: HomeSmart Lifestyles
Last Updated: August - 27 - 2025
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.