1281 E Frances Lane, Gilbert, AZ 85295

$356,000
2
BD
3
BA
1,615
SqFt

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Sold Price
$356,000
List Price
$365,900
Closing Date
Feb 27, 2026
Days on Market
146
Status
CLOSED
MLS#
6930362
City
Gilbert
Bedrooms
2
Bathrooms
3
Living SQFT
1,615
Lot Size
5,750
Subdivision
Spectrum At Val Vista
Year Built
2004
Type
Single Family Residence

Property Description

Location, Livability & Investment Potential! Nestled in the heart of Gilbert, this charming 2 bedroom, 2 bathroom home is an incredible opportunity for first-time buyers or savvy investors. With its prime location just minutes from SanTan Village, Loop 202, shopping, dining, and top-rated schools, this home offers unbeatable convenience and lifestyle perks. Step inside to find a bright, open layout with stylish wood floors, vaulted ceilings, and a cozy double-sided fireplace that warms both the living and dining spaces. The spacious kitchen is complete with stainless steel appliances, granite counters, and rich cabinetry—perfect for cooking or entertaining. Upstairs, enjoy an abundance of natural light and direct access to a private balcony ideal for morning coffee or evening relaxation. The generously sized backyard is a blank canvas with endless potential plenty of space to build your dream outdoor retreat. Whether you're looking to settle into your first home or expand your rental portfolio, this home checks all the boxes: location, layout, and long-term value. Don't miss your chance to own in one of Gilbert's most desirable neighborhoods! This one won't last!

Additional Information

Elementary School
Spectrum Elementary
High School
Gilbert High School
Middle School
South Valley Jr. High
Acres
0.13
Assoc Fee Includes
No Fees
Hoa Fee
$286
Hoa Fee Frequency
Quarterly
Hoa
Yes
Hoa Name
Villa Lante
Builder Name
UNK
Community Features
Playground, Biking/Walking Path
Construction
Block, Stucco
Cooling
Central Air
Fencing
Block
Garage Spaces
2
Heating
Natural Gas
Living Area
1,615
Lot Size
5,750
New Financing
Cash, VA Loan, FHA, Conventional, 1031 Exchange
Lot Features
Desert Front, Dirt Back
Roofing
Tile
Spa
None
Stories
1
Subdivision
Spectrum At Val Vista
Taxes
$1,363
Tax Year
2024
Water
Public

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Calculator source: Real Geeks

Listing courtesy of The Ave Collective. Selling Office: LPT Realty, 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.