$530,000

4278 E Lantern Place Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated payment $3,140/month

Total Views 1,233
3 Beds
2.5 Baths
2,073 Sq Ft
$256 Price per Sq Ft

Highlights

  • Very Popular Property
  • Reverse Osmosis System
  • Clubhouse
  • Power Ranch Elementary School Rated A-
  • 0.18 Acre Lot
  • Great Room

About This Home

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.

Listing Agent

Melanie Nemetz

Keller Williams Integrity First License #SA540814000 Listed on: 05/07/2026

Keller Williams Integrity First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,117

Year Built

  • Built in 2003

Lot Details

  • 8,043 Sq Ft Lot
  • Desert faces the front of the property
  • Wrought Iron Fence
  • Artificial Turf
  • Front Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $134 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,073 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Great Room
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Power Ranch Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • North or South Exposure
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 313-02-464

Community Details

Overview

  • Association fees include ground maintenance
  • Prca Association, Phone Number (480) 988-0960
  • Built by Standard Pacific
  • Power Ranch Neighborhood 1 Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Playground
  • Heated Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,117

Year Built

Built in 2003

Lot Details

8,043 Sq Ft Lot

HOA Fees

$134 per month

Parking

3

Listing Details

  • Cross Street: Queen Creek Rd & Ranch House Parkway
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 134.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Tax Year: 2025
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • Subdivision Name: POWER RANCH NEIGHBORHOOD 1
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 255.67
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Reverse Osmosis, Electric Oven, Electric Range, Washer, Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Separate Shwr & Tub, Double Vanity, Eat-in Kitchen, Breakfast Bar, Pantry, Kitchen Island, Non-laminate Counter, High Speed Internet, 9+ Flat Ceilings, No Interior Steps
  • Living Area: 2073.0
  • Stories: 1
  • Window Features: Dual Pane

Exterior Features

  • Fencing: Wrought Iron, Block
  • Lot Features: North/South Exposure, Borders Common Area, Desert Front, Sprinklers In Front, Synthetic Grass Back, Auto Timer H2O Back
  • Pool Private: No
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Wood Frame, Painted, Stucco
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Direct Access, Attached Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path, Clubhouse, Pickleball
  • Association Fee: 402.0
  • Association Fee Frequency: Quarterly
  • Association Name: PRCA
  • Phone: 480-988-0960
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 402.0
  • Association Fees:Disclosure Fees HOA: 400.0

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Power Ranch Elementary
  • High School: Higley High School
  • Junior High Dist: Higley Unified School District
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8043.0
  • Parcel #: 313-02-464

Building Info

  • Builder Name: Standard Pacific

Tax Info

  • Tax Annual Amount: 2117.0
  • Tax Book Number: 313.0
  • Tax Lot: 102
  • Tax Map Number: 2.0

Map

Range of Values:

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Value 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 $2,117 $28,597 -- --
2024 $2,270 $27,235 -- --
2023 $2,270 $42,720 $8,540 $34,180
2022 $2,169 $32,670 $6,530 $26,140
2021 $2,235 $30,270 $6,050 $24,220
2020 $2,279 $28,130 $5,620 $22,510
2019 $2,206 $25,530 $5,100 $20,430
2018 $2,128 $24,120 $4,820 $19,300
2017 $2,051 $22,300 $4,460 $17,840
2016 $2,088 $22,250 $4,450 $17,800
2015 $1,821 $22,180 $4,430 $17,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2026 05/07/26 For Sale $530,000 +48.5% $256 / Sq Ft
07/03/2019 07/03/19 Sold $357,000 0.0% $168 / Sq Ft View Prior Sale
06/02/2019 06/02/19 For Sale $357,000 -- $168 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 Type Sale Price Title Company
Warranty Deed $357,000 Greystone Title Agency Llc
Special Warranty Deed $215,729 Stewart Title & Trust
Special Warranty Deed -- Stewart Title & Trust
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 Loan Amount Loan Type
Open $285,600 New Conventional
Previous Owner $70,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7024907

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-02-464

Arizona Maricopa County Gilbert 85297 Power Ranch

4278 E Lantern Place, 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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Melanie Nemetz
Listing Agent
Melanie Nemetz
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Keller Williams Integrity First
(480) 221-3034
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