2437 E MELROSE Court # 7 Gilbert, AZ ^$ 1,020,000

2437 E MELROSE Court # 7

^$ 1,020,000

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2437 E MELROSE Court # 7

Gilbert, AZ, 85297

^$ 1,020,000

Studio Baths0.0

Monthly Estimate*

^$ 6,280

2437 E MELROSE Court # 7, Gilbert, AZ 85297 - Image 1

2437 E MELROSE Court # 7, Gilbert, AZ 85297 - Image 2

2437 E MELROSE Court # 7, Gilbert, AZ 85297 - Image 3

2437 E MELROSE Court # 7, Gilbert, AZ 85297 - Image 4

2437 E MELROSE Court # 7, Gilbert, AZ 85297 - Image 5

Studio

Lots and Land for sale in Gilbert, AZ

for $1,020,000. The lot size is 0.93.

Rare opportunity to build your dream custom home on this beautiful 0.92-acre fully improved estate lot in the prestigious gated community of Arboreta Estates, Gilbert, AZ. Lot 7 features 0.92 acres with all utilities stubbed directly to the lot: water, sewer, electricity, natural gas, and high-speed internet. This desirable north/south oriented lot sits at the end of a cul-de-sac. Build-ready with no utility extensions needed. Enjoy a stunning custom stone-gated entrance with professional landscaping. A+ location at Germann Road & Greenfield Road with access to Gilbert's award-winning schools, Luxury Shopping and Restaurants. Only 6 lots remaining as the community nears completion. Don't miss one of the final large custom home lots in Gilbert!

Lots and Land Active

Price

^$ 1,020,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 1,977

Style

Land

Lot Size

0.93

Town/City

Gilbert

County/Region

Maricopa

MLS | Web ID

7021506

Features

General

Sewer Public Sewer

Zoning R35

HOA Fee 350.0

Electric SRP

Township 2S

Unit Number 7

Tax Year 2025

Assoc Fee Paid Per Monthly

County Maricopa

Property Type Land

HOA Y

Subdivision Name ARBORETA

Special Listing Conditions N/A

Status Active

Directions East on Germann short distance to gated community Pico Street on the north side of Germann.

City Gilbert

Disclosures None

Association Name Arboreta

Lot Size Units Acres

Lot Size Square Feet 40458.0

Carport Y/N N

Tax Annual Amount 1977.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 7

New Financing: Conventional True

Senior Community N

Exterior

Water Source City Franchise

Lot Size Area 0.93

Spa N

Lot Dimensions 150 by 281

Lot Size Acres 0.93

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Baths 0

Internal Only

Street Number 1 2437

* Excluded Features

List By

Clearview Realty, Inc.

Broker

clearview.travis@gmail.com

Affordability Calculator

$6,445

Per Month

Monthly Principal & Interest: $6,280
Monthly Property Taxes: $165
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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.

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Nearby

Trends
Schools

Lots and land listings in Gilbert, AZ

Average List Price ^$905,274

Percent of Sale Price 11%

About Gilbert, AZ

259,731 Population

124% Since 2002

^$85,597 Median Income

34.12 Median Age

43% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/4/2026	$1,020,000		Listed Price

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2437 E MELROSE Court # 7, Gilbert, AZ, 85297 is a Lots and Land for sale at $1,020,000 with a lot size of 0.93. 2437 E MELROSE Court # 7 is a studio with 0.0 baths. The property's zip code is 85297 which is in Gilbert, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/4/2026.

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2437 E MELROSE Court # 7

Lots and Land for sale in Gilbert, AZ

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