4886 S Greenfield Road Unit -, Gilbert, AZ 85298

$3,400,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$3,400,000
Days on Market
35
Status
PENDING
MLS#
7042539
City
Gilbert
Lot Size
220,933

Property Description

Calling all builders, developers, and those seeking room to create their dream estate! This exceptional 5-acre parcel is one of the few remaining large lots along the highly sought-after Greenfield Road corridor. Ideally located just minutes from SanTan Village, with convenient access to Costco and the Loop 202, this property offers both space and proximity to top-tier amenities. Surrounded by strong comparables, with ¾-acre lots approximately one mile north selling for over $1,000,000 and ½-acre lots nearby listed up to $2,000,000, this parcel presents a compelling investment opportunity. The Town of Gilbert may allow for flexible lot division, offering multiple development possibilities. With potential for increased density (subject to approval), this site is well-positioned for those looking to maximize value and achieve its highest and best use. Currently, there are no other 5-acre parcels available in Gilbert on the MLS--making this a rare and prime opportunity for a luxury estate, family compound, or a thoughtfully designed residential development.

Additional Information

Acres
5.07
Electric
SRP
Fencing
Block, Partial, Wire
Horses
Yes
Lot Size
220,933
New Financing
Cash, Conventional, 1031 Exchange
Sewer
Sewer - Available
Taxes
$9,280
Tax Year
2025
Water
City Franchise
Zoning
SF-43, SF-35,

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Better Choice Homes, LLC.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.