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Listing provided courtesy of Clearview Realty, Inc.- MLS# 7021506MLS Provider

2437 E MELROSE Court #7Gilbert, AZ 85297

Vacant Land · 0.93 Acres
$1,020,000 Active

2437 E MELROSE Court #7 Overview

Time on Site:
57 days
Visits:
0

Rare opportunity to build your dream custom home on this beautiful 0.92-acre fully improved estate lot in the prestigious gated community of Arboreta Estates, Gilbert, AZ. Lot 7 features 0.92 acres with all utilities stubbed directly to the lot: water, sewer, electricity, natural gas, and high-speed internet. This desirable north/south oriented lot sits at the end of a cul-de-sac. Build-ready with no utility extensions needed. Enjoy a stunning custom stone-gated entrance with professional landscaping. A+ location at Germann Road & Greenfield Road with access to Gilbert's award-winning schools, Luxury Shopping and Restaurants. Only 6 lots remaining as the community nears completion. Don't miss one of the final large custom home lots in Gilbert!

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2437 E MELROSE Court #7 Facts & Features

  • Type Vacant Land
  • Lot 0.93 Acres

Details

General

Association/HOA

  • Association Fee: $350.00
  • Association Fee Frequency: Monthly
  • Association Name: Arboreta
  • Association: true

Distance to Services

  • Distance To Electric Comments: On Property
  • Distance To Gas Comments: On Property
  • Distance To Phone Service Comments: On Property
  • Distance To Sewer Comments: On Property
  • Distance To Water Comments: On Property

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Gilbert
  • Subdivision Name: ARBORETA
  • Township: 2S

Tax Information

  • Tax Annual Amount: $1,977.00
  • Tax Year: 2025

General Information

  • Disclosures: None
  • Listing Terms: Cash,Conventional
  • Parcel Number: 304-52-984
  • Property Type: Land
  • Special Listing Conditions: N/A
  • Zoning: R35

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: SRP

Unit Information

  • Unit Number: 7

Exterior

Lot Information

  • Additional Parcels: false
  • Lot Size Acres: 0.93
  • Lot Size Area: 0.93
  • Lot Size Dimensions: 150 by 281
  • Lot Size Square Feet: 40458.0
  • Lot Size Units: Acres
  • Water Source: City Franchise

General Information

  • Horse: false
  • Sewer: Public Sewer

2437 E MELROSE Court #7 Neighborhood

Community

85297 (GILBERT) Demographics

31
Median Age
3,098
Population Density (per sq. mile)
56%
College Educated
$107,651
Estimated Median Income
7,095
Estimated Total Home Owners
2,184
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2437 E MELROSE Court #7 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2437 E MELROSE Court #7 Market Data

Based on the last 30 days in this zip code

$935,270
Average List Price
$325
Average Price per Square Foot
38
Properties Sold
69
Average Days on Market
194
Properties for Sale
Calculations provided by Reliance Network

2437 E MELROSE Court #7 History

Date Event Value Agent
5/4/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
May 04, 2026