NOT LISTED FOR SALE

140 E Pony Ln Gilbert, AZ 85295

Southwest Gilbert Neighborhood

Estimated Value: $2,683,729 - $3,456,000

4 Beds
4 Baths
3,489 Sq Ft
$863/Sq Ft Est. Value

Sale Details

Date Sold: February 6, 2026

Last sale price $3,150,000 $903 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $16,713 / mo

123 Days on Market

Highlights

  • Horses Allowed On Property
  • Pool
  • Sitting Area In Primary Bedroom
  • Ashland Elementary School Rated A
  • RV Access or Parking
  • 5.45 Acre Lot

About This Home

As of February 2026

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.

Last Agent to Sell the Property

Shelia Long

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

Russ Lyon Sotheby's International Realty

Co-Listed By

Anthony Guerriero

Russ Lyon Sotheby's International Realty License #SA663981000

Last Buyer's Agent

Keith Blue

HomeSmart Lifestyles License #SA579536000

HomeSmart Lifestyles

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
  • Chain Link Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 10 Open Parking Spaces
  • 3 Car Garage
  • 1 Carport Space
  • 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 with Low Emissivity
  • Wood Frame Window
  • Family Room
  • Formal Dining Room
  • Bonus Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • 4 Full Bathrooms
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • 220 Volts In Laundry

Accessible Home Design

  • Roll-in Shower
  • Grab Bar In Bathroom

Pool

  • Spa
  • Pool Pump

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • 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
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • North or South Exposure
  • Flood Irrigation
  • 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

5.45 Acres

Parking

3

Listing Details

  • Cross Street: Gilbert Road and Williams Field
  • Property Type: Residential
  • Ownership: Fee Simple
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • 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: 902.84
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

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

Garage/Parking

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

Utilities

  • Utilities: Propane
  • Cooling: Ceiling Fan(s), Central Air, Other
  • Heating: Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N

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: 304.0
  • Tax Lot: 3
  • Tax Map Number: 43.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2025
Closed on
Dec 17, 2025
Sold by
Werlinger Gary Lee and Werlinger Cynthia Rae
Bought by
Casadia Family Limited Partnership
Seller's Agent
Shelia Long
Russ Lyon Sotheby's International Realty
Buyer's Agent
Keith Blue
HomeSmart Lifestyles
List Price
$3,500,000
Sold Price
$3,150,000
Premium/Discount to List
-$350,000
-10%
Views
139
Current Estimated Value
$3,010,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$139,818
Avg. Annual Appreciation
-15.48%
Original Mortgage
$2,600,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2007
Sold by
Werlinger Gary Lee and Werlinger Cynthia Rae
Bought by
Werlinger Gary Lee and Werlinger Cynthia Rae

Purchase Details

Closed on
Aug 8, 2000
Sold by
Sparrow Thalia A
Bought by
Town Of Gilbert

Purchase Details

Closed on
Apr 26, 1995
Sold by
Ryan Carl R and Arline Ryan G
Bought by
Werlinger Gary L and Werlinger Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
8.51%
Mortgage Type
Seller Take Back
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Casadia Family Limited Partnership $3,150,000 Pioneer Title Agency
Werlinger Gary Lee -- None Available
Town Of Gilbert -- Stewart Title & Trust
Werlinger Gary L $109,900 Transamerica Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Casadia Family Limited Partnership $2,600,000
Previous Owner Werlinger Gary L $89,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2026 02/06/26 Sold $3,150,000 -10.0% $903 / 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)

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

Agents Affiliated with this Home

  • Shelia Long

    Seller's Agent in 2026

    Shelia Long

    Russ Lyon Sotheby's International Realty

    (520) 220-0007

    1 in this area

    72 Total Sales

    Shelia Long
    Section Image
  • Anthony Guerriero

    Seller Co-Listing Agent in 2026

    Anthony Guerriero

    Russ Lyon Sotheby's International Realty

    (480) 544-2466

    1 in this area

    145 Total Sales

    Anthony Guerriero
    Section Image

  • K

    Buyer's Agent in 2026

    Keith Blue

    HomeSmart Lifestyles

    (602) 339-1289

    1 in this area

    13 Total Sales

    Keith Blue
    Section Image
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Map

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

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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