$3,500,000
PENDING

140 E Pony Ln Gilbert, AZ 85295

Southwest Gilbert Neighborhood

Estimated payment $18,767/month

Total Views 9,542
4 Beds
4 Baths
3,489 Sq Ft
$1,003 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Private Pool
  • 5.45 Acre Lot
  • Ashland Elementary School Rated A
  • RV Access or Parking
  • Contemporary Architecture

About This Home

5.44 acres of irrigated land in Gilbert! As soon as you turn onto the long white picket lined driveway, you'll know, this one is different. This 4bed, 4bath custom estate w/ a grand spiral staircase, fireplace & formal living & dining room offers 3,489 sq ft, fresh interior/exterior paint, new bedroom carpet & oak hardwood flooring throughout. The entire upper level is a private primary suite with a laundry dumbwaiter & huge balcony overlooking your land. Enjoy a breezeway-accessed pool + spa, detached 20x24 office & total privacy with no HOA. With a splittable parcel, zoning allows equestrian use, multigenerational living, & more. Experience rural charm just minutes from Gilbert's shopping, dining, and freeway access. A rare find in one of the East Valley's most desirable areas.

Listing Agent

Shelia Long

Russ Lyon Sotheby's International Realty License #SA668277000 Listed on: 08/05/2025

Russ Lyon Sotheby's International Realty

Co-Listing Agent

Anthony Guerriero

Russ Lyon Sotheby's International Realty License #SA663981000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,808

Year Built

  • Built in 1998

Lot Details

  • 5.45 Acre Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • 10 Open Parking Spaces
  • 1 Carport Space
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,489 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Wood Frame Window

Kitchen

  • Breakfast Bar
  • Built-In Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Roll-in Shower
  • Grab Bar In Bathroom

Pool

  • Private Pool
  • Pool Pump
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage
  • Built-In Barbecue
  • Playground

Schools

  • Ashland Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Utilities

  • Central Air
  • Heating Available
  • Propane
  • Septic Tank
  • High Speed Internet

Additional Features

  • North or South Exposure
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Irrigated Acreage Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 304-43-003-Y

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,808

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Gilbert Road and Williams Field
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 10.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Spa Private: Yes
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 5.45
  • Co List Office Mls Id: lyon24
  • Co List Office Phone: 480-750-7424
  • Subdivision Name: Irrigated acreage
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Tax Parcel Letter: Y
  • General Property Description:PriceSqFt: 1003.15
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Kitchen Features:Built-In Electric Oven2: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: See Remarks
  • Spa Features: Private
  • Appliances: Electric Cooktop, Built-In Electric Oven
  • Accessibility Features: Bath Roll-In Shower, Bath Grab Bars
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3489.0
  • Stories: 2
  • Window Features: Skylight(s), Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Wood Frames
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Other, Block, Chain Link
  • Exterior Features: Playground, Balcony, Storage, Built-in Barbecue, RV Hookup
  • Lot Features: North/South Exposure, Desert Back, Grass Front, Grass Back, Irrigation Front, Irrigation Back
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:RV Hookup: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 10.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air, Ceiling Fan(s), Other
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Ashland Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Horse Amenities: Other
  • Land Lease: No
  • Lot Size Sq Ft: 237243.0
  • Parcel #: 304-43-003-Y

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 5808.0
  • Tax Book Number: 304.00
  • Tax Lot: 3
  • Tax Map Number: 43.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,063 $62,368 -- --
2024 $4,882 $59,398 -- --
2023 $4,882 $99,720 $19,940 $79,780
2022 $4,731 $72,080 $14,410 $57,670
2021 $4,914 $58,650 $11,730 $46,920
2020 $4,833 $56,650 $11,330 $45,320
2019 $4,447 $56,250 $11,250 $45,000
2018 $4,308 $57,030 $11,400 $45,630
2017 $4,147 $55,270 $11,050 $44,220
2016 $4,267 $55,620 $11,120 $44,500
2015 $3,838 $53,310 $10,660 $42,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2025 12/06/25 Pending -- -- --
08/05/2025 08/05/25 For Sale $3,500,000 -- $1,003 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- Stewart Title & Trust
Joint Tenancy Deed $109,900 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $89,900 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6901950

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-43-003Y

Arizona Maricopa County Gilbert 85295 Southwest Gilbert

140 E Pony Ln, Gilbert, AZ

Pending

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Shelia Long
Listing Agent
Shelia Long
Section Image
Russ Lyon Sotheby's International Realty
(818) 692-8344