1281 E FRANCES Lane Gilbert, AZ $ 385,000
1281 E FRANCES Lane
$ 385,000
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1281 E FRANCES Lane

Gilbert, AZ, 85295
$ 385,000
Bedrooms2 Baths2.1 Sq 1,615

Monthly Estimate*

$ 2,402

1281 E FRANCES Lane, Gilbert, AZ 85295 - Image 1
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Single Family Home for sale in Gilbert, AZ

for $385,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,615 square foot home was built in 2004 on a lot size of 0.13.

Location, Livability & Investment Potential! Nestled in the heart of Gilbert, this charming 2 bedroom, 2 bathroom home is an incredible opportunity for first-time buyers or savvy investors. With its prime location just minutes from SanTan Village, Loop 202, shopping, dining, and top-rated schools, this home offers unbeatable convenience and lifestyle perks. Step inside to find a bright, open layout with stylish wood floors, vaulted ceilings, and a cozy double-sided fireplace that warms both the living and dining spaces. The spacious kitchen is complete with stainless steel appliances, granite counters, and rich cabinetry—perfect for cooking or entertaining. Upstairs, enjoy an abundance of natural light and direct access to a private balcony ideal for morning coffee or evening relaxation. The generously sized backyard is a blank canvas with endless potential plenty of space to build your dream outdoor retreat. Whether you're looking to settle into your first home or expand your rental portfolio, this home checks all the boxes: location, layout, and long-term value. Don't miss your chance to own in one of Gilbert's most desirable neighborhoods! This one won't last!

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Single Family Active

Price

$ 385,000

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 1,363

Style

Residential

Lot Size

0.13

Year Built

2004

Town/City

Gilbert

County/Region

Maricopa

MLS | Web ID

6930362

Features
Interior
Interior Amenities Double Vanity Upstairs Eat-in Kitchen Full Bth Master Bdrm Separate Shwr & Tub
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Total Bedrooms 2
Total Baths 3
Bedrooms Possible 2
Built-in Microwave True
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General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities SRP
Possession Close Of Escrow
Roof Tile
HOA Fee 286.5
Garage Spaces 2.0
Association Fee Includes No Fees
Construction Materials Stucco Block
Year Built 2004
Township 1S
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
Community Features Playground Biking/Walking Path
Assoc Fee Paid Per Quarterly
County Maricopa
Property Type Residential
HOA Y
Subdivision Name SPECTRUM AT VAL VISTA
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions Head west on E Pecos Rd Turn right onto S Passion Dr Turn left at the 1st cross street onto E Frances Ln
High School Gilbert High School
City Gilbert
Disclosures Seller Discl Avail
Association Name Villa Lante
High School District Gilbert Unified District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 5750.0
Carport Spaces 0.0
Carport Y/N N
Spa Features None
Elementary School Spectrum Elementary
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1363.0
Home Warranty Y/N N
Middle/Junior High School South Valley Jr. High
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://homejab.vr-360-tour.com/e/v68BmZWsvSc/e
Builder Name UNK
Standard Status Active
Occupancy Type Vacant
Elementary School District Gilbert Unified District
Tax Lot 103
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 95.5
New Financing Cash True
New Financing: VA True
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Exterior
Fencing Block
Lot Features Desert Front Dirt Back
Water Source City Water
Lot Size Area 5750.0
Spa N
Lot Size Acres 0.13
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 2.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1281
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* Excluded Features
List By
The Ave Collective

Broker

karabsellsaz@gmail.com

Email

Affordability Calculator

$2,515
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,402
Monthly Property Taxes
$114
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4327770 Elementary School
4328294 Middle School
Gilbert High School High School
Pricing History
DatePricePrice ChangeDescription
12/3/2025$385,000 -4.94% Price Down
11/10/2025$405,000 -5.13% Price Down
10/23/2025$426,900 -4.92% Price Down
10/8/2025$449,000 Listed Price

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1281 E FRANCES Lane, Gilbert, AZ, 85295 is a Single Family Home for sale at $385,000 with 1,615 sqft and a lot size of 0.13. 1281 E FRANCES Lane has 2 bedrooms, 2.1 baths, and was built in 2004. The property's zip code is 85295 which is in Gilbert, AZ