4278 E LANTERN Place Gilbert, AZ $ 530,000
4278 E LANTERN Place
$ 530,000
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4278 E LANTERN Place

Gilbert, AZ, 85297
$ 530,000
Bedrooms3 Baths2.1 Sq 2,073

Monthly Estimate*

$ 3,263

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Single Family Home for sale in Gilbert, AZ

for $530,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,073 square foot home was built in 2003 on a lot size of 0.18.

Located in the highly sought-after, award-winning community of Power Ranch in South Gilbert, this 3 bedroom + den, 2.5-bath home offers an exceptional opportunity to create your dream space in one of the East Valley's most desirable neighborhoods. The home features a functional split floor plan that provides both privacy and versatility for modern living. The home backs to a serene common area with view fencing, giving the backyard an open, peaceful feel. Enjoy a relaxing outdoor setting complete with a tranquil pond and a private putting green, perfect for quiet mornings or entertaining guests. This property presents a fantastic opportunity for buyers looking to personalize and update a home to their own taste. With a great layout, and an unbeatable location, the potential here is undeniable. Power Ranch residents enjoy access to top-rated amenities including pools, parks, trails, and community events, all within close proximity to shopping, dining, and top-rated Gilbert schools.

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Single Family Active

Price

$ 530,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 2,117

Style

Residential

Lot Size

0.18

Year Built

2003

Town/City

Gilbert

County/Region

Maricopa

MLS | Web ID

7024907

Features
Interior
Interior Amenities Non-laminate Counter High Speed Internet Double Vanity Eat-in Kitchen Breakfast Bar 9+ Flat Ceilings No Interior Steps Kitchen Island Pantry Separate Shwr & Tub
Flooring Carpet Laminate Tile
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Dual Pane
Fireplace Y/N N
Laundry Features Inside
Total Bedrooms 3
Total Baths 3
Bedrooms Possible 4
Built-in Microwave True
Kitchen Island True
Non-laminate Counter True
Pantry True
Reverse Osmosis True
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General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air Ceiling Fan(s)
Utilities SRP
Possession Close Of Escrow
Roof Tile
HOA Fee 402.0
Garage Spaces 3.0
Association Fee Includes Maintenance Grounds
Construction Materials Stucco Wood Frame Painted
Year Built 2003
Township 2S
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Pool Pickleball Lake Playground Biking/Walking Path
Assoc Fee Paid Per Quarterly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name POWER RANCH NEIGHBORHOOD 1
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions N on Ranch House Parkway to Tannery Rd W to Rim Rd N to Lantern W to home
High School Higley High School
City Gilbert
Disclosures Agency Discl Req Seller Discl Avail
Association Name PRCA
High School District Higley Unified School District
Open Parking Spaces 3.0
Lot Size Units Square Feet
Lot Size Square Feet 8043.0
Carport Spaces 0.0
Carport Y/N N
Spa Features None
Elementary School Power Ranch Elementary
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2117.0
Home Warranty Y/N N
Current Financing Conventional
Middle/Junior High School Sossaman Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=jv6LDDtuvjD&brand=0&mls=1&
Builder Name Standard Pacific
Standard Status Active
Occupancy Type Vacant
Elementary School District Higley Unified School District
Tax Lot 102
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 134.0
New Financing Cash True
New Financing: VA True
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Exterior
Fencing Block Wrought Iron
Parking Features Attached Garage Direct Access
Lot Features Borders Common Area North/South Exposure Sprinklers In Front Desert Front Synthetic Grass Back Auto Timer H2O Back
Water Source City Water
Lot Size Area 8043.0
Spa N
Lot Size Acres 0.18
Road Surface Type Paved
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 3.0
Crops Included Y/N N
Road Responsibility City Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4278
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* Excluded Features
List By
Keller Williams Integrity First

Broker

melanie@fosteringre.com

Email

Affordability Calculator

$3,440
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,263
Monthly Property Taxes
$176
Monthly 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
4897863 Elementary School
4900838 Middle School
Higley High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2026$530,000 Listed Price

Map


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4278 E LANTERN Place, Gilbert, AZ, 85297 is a Single Family Home for sale at $530,000 with 2,073 sqft and a lot size of 0.18. 4278 E LANTERN Place has 3 bedrooms, 2.1 baths, and was built in 2003. The property's zip code is 85297 which is in Gilbert, AZ