3540 E MORELOS Court
Gilbert, AZ, 85295 $ 699,999
Bedrooms5 Baths3.0 Sq 3,348 Monthly Estimate*
$ 4,420
for $699,999 with 5 bedrooms and 3 full baths. This 3,348 square foot home was built in 2002 on a lot size of 0.17.
Great opportunity to purchase what may be the very best value in Gilbert. This incredible opportunity includes a fully paid solar system with backup battery, helping cut the electric bill nearly in half and adding major long-term value for the next owner. Pool fence is included and was removed for photos. Welcome to the Gilbert lifestyle buyers are searching for. Tucked into a cul-de-sac in Pecos Park, this beautifully refreshed home offers space, flexibility, and an unbeatable location near neighborhood parks, SanTan Village, Epicenter at Agritopia, dining, shopping, entertainment, highly rated schools, and multiple freeway access points. Fresh interior and exterior paint create a clean, updated feel, while the functional floor plan includes generous living . . . and dining spaces, a dedicated den, and an open-concept great room with a cozy gas fireplace. A downstairs bedroom and full bath provide the perfect setup for guests, multigenerational living, or a private office. Upstairs, the huge loft is a true bonus space and is currently set up as an office for two people plus a crafts area. With its impressive size and flexibility, it could easily function as a full gym, playroom, movie theater, billiards room, homework space, second living area, or whatever fits your lifestyle best. The kitchen offers generous cabinetry, expansive counter space, a large peninsula perfect for prep or casual dining, rich stone backsplash, and sleek dark countertops. The spacious primary suite includes dual vanities, a soaking tub, separate glass shower, and double closets. Step outside to a backyard retreat built for Arizona living with a sparkling pool, extended covered patio, low-maintenance landscaping, outdoor shower, and plenty of room to relax or entertain. Parking is another major bonus, with a 3-car garage plus pad parking for at least three additional vehicles. Located in one of Gilbert's most convenient neighborhoods, this home delivers lifestyle, location, flexibility, and value in one rare package.
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FeaturesInteriorInterior Amenities High Speed Internet Double Vanity Upstairs Eat-in Kitchen Full Bth Master Bdrm Separate Shwr & Tub
Flooring Carpet Tile
Fireplace Features Family Room Gas
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Laundry Features Inside
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 7
Gas Stub for Range True
Reverse Osmosis True
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GeneralSewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities SRP
Possession By Agreement
Roof Tile
HOA Fee 281.92
Garage Spaces 3.0
Association Fee Includes Maintenance Grounds
Architectural Style Santa Barbara/Tuscan
Pool Features Outdoor
Construction Materials Stucco Wood Frame
Year Built 2002
Township 1S
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Playground Biking/Walking Path
Assoc Fee Paid Per Quarterly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Energy Efficient Solar Panels
Subdivision Name PECOS PARK 2
Total Rooms 0
Special Listing Conditions N/A
Status Pending
High School Williams Field High School
City Gilbert
Disclosures Agency Discl Req Seller Discl Avail
Association Name Pecos Park 2
High School District Higley Unified School District
Open Parking Spaces 4.0
Lot Size Units Square Feet
Lot Size Square Feet 7475.0
Carport Spaces 0.0
Carport Y/N N
Spa Features None
Elementary School Chaparral Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2622.0
Home Warranty Y/N N
Current Financing Non Assumable
Middle/Junior High School Cooley Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Ryland
Standard Status Pending
Occupancy Type Owner
Elementary School District Higley Unified School District
Tax Lot 44
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 93.97
New Financing Cash True
New Financing: VA True
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ExteriorFencing Block
Lot Features North/South Exposure Desert Front Cul-De-Sac Synthetic Grass Back
Water Source City Water
Lot Size Area 7475.0
Spa N
Lot Size Acres 0.17
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 3.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByKeller Williams Integrity First RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,420
- Monthly Property Taxes
- $219
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Gilbert, AZ
Average List Price $856,349
Percent of Sale Price 22%
About Gilbert, AZ 259,731 Population
124% Since 2002
$ 85,597 Median Income
34.12 Median Age
43% Households with Children
Trends Information provided by ATTOM Data Solutions.
4903990 Elementary School
4897692 Middle School
Williams Field High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/12/2026 | $699,999 | -0.70% | Price Down |
| 6/6/2026 | $704,900 | -2.77% | Price Down |
| 5/14/2026 | $725,000 | -1.36% | Price Down |
| 4/30/2026 | $735,000 | -1.34% | Price Down |
| 3/26/2026 | $745,000 | | Listed Price |