840 E Melody Drive, Gilbert, AZ 85234

$1,795,000
9
BD
4.5
BA
4,069
SqFt
List Price
$1,795,000
Price Change
▼ $55,000 1695203119
Days on Market
59
Status
ACTIVE
MLS#
6585074
City
Gilbert
Bedrooms
9
Bathrooms
4.5
Living SQFT
4,069
Lot Size
49,310
Subdivision
Porter Acres
Year Built
1996
Type
Single Family - Detached

Property Description

*Price decrease! Motivated seller!* Discover the epitome of luxurious living in this spectacular 2-story estate, nestled on a sprawling 1.13-acre parcel of land in the heart of horse-friendly zoning just minutes from downtown Gilbert. If you are looking for a fantastic vacation rental, look no further! With its many bedrooms (sleeps up to 24!), separate guest house and resort style amenities, you will be in a very small percentage of homes like this which will provide you much higher revenue and occupancy! This house is about 80% ready, you will be up and running for the high season Oct - Apr!This magnificent property offers not just a home, but a lifestyle, boasting 8 bedrooms, 3.5 bathrooms in the main house and a 1 bedroom, 1 bathroom guest house with kitchen and laundry room. As you approach the residence, you'll be captivated by its stately presence, with manicured landscaping framing the entrance. Step inside, and you'll be greeted by an open concept living area and beautifully remodeled kitchen featuring island seating, quart countertops, and a walk-in pantry. This estate is designed for both relaxation and entertainment. The large primary suite on the main level offers a private retreat with a newly remodeled bathroom and walk-in closet. Upstairs, you'll find 2 additional bedrooms with adorable window seats, both generously proportioned and flooded with natural light. Step outside to your sparkling pool with a slide, built in BBQ area basketball court and hot tub! Imagine the joy of hosting your family and friends in your own resort style backyard! The 1-bedroom, 1-bathroom guest house is ideal for accommodating visitors, in-laws, or as a potential rental income opportunity. Is there a car enthusiast in your family or do you need airconditioned space for a workshop? You will find ample space in the truly oversized 3 car garage with an additional attached 1 car garage. Beyond the garage the expansive grounds beckon you to explore! With horse-friendly zoning you have the freedom to bring your equine companions, making this property a dream for horse enthusiasts. In addition, you will find horse trails just a short .25 mile stroll away. This residence is more than just a house; it's a retreat, a playground, and an investment in an extraordinary way of life. With its prime location and remarkable features, this 2-story estate offers an unparalleled opportunity to live your dreams.

Additional Information

Elementary School
Houston Elementary School
High School
Gilbert High School
Middle School
Mesquite Elementary School - Gilbert
School District
Gilbert Unified District
Acres
1.13
Architecture
Other (See Remarks)
Assoc Fee Includes
No Fees
Association Info
None
Basement Description
Finished, Full
Builder Name
Custom
Community Features
Biking/Walking Path, Children's Playgrnd
Construction
Frame - Wood
Cooling
Ceiling Fan(s), Programmable Thmstat, Refrigeration
Dining Area
Dining in LR/GR, Eat-in Kitchen
Energy Green Features
Multi-Zones
Exterior Features
Built-in BBQ, Childrens Play Area, Covered Patio(s), Pvt Yrd(s)/Crtyrd(s), Separate Guest House, Storage
Fencing
Block, Wood
Finish
Painted, Siding
Fireplace
No Fireplace
Flooring
Tile
Garage Spaces
4
Guest House SqFt
783
Heating
Electric
Horse Features
Corral(s), Stall
Horses
Yes
Kitchen Features
Dishwasher, Disposal, Kitchen Island, Range/Oven Elec, Refrigerator, Walk-in Pantry
Landscaping
Desert Front, Synthetic Grass Back, Synthetic Grass Frnt, Yrd Wtring Sys Front
Laundry
Inside, Wshr/Dry HookUp Only
Living Area
4,069
Lot Size
49,310
Master Bathroom
Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub
New Financing
1031 Exchange, Cash, Conventional, VA
Parking Features
Electric Door Opener, Extnded Lngth Garage, Over Height Garage, RV Gate, RV Parking, Side Vehicle Entry
Property Description
Corner Lot, North/South Exposure
Property Use
None
Roofing
Comp Shingle
Services
City Services
Sewer
Septic in & Cnctd
Pool
Yes
Spa
Above Ground
Stories
2
Style
Three or More Levels
Subdivision
Porter Acres
Taxes
$4,902
Tax Year
2022
Technology
Cable TV Avail, High Speed Internet Available
Utilities
SRP
Water
City Water

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Listing courtesy of Stay Sonnier Realty.

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