Listing provided courtesy of Real Broker- MLS# 7046893MLS Provider

4238 E RAINBOW DriveGilbert, AZ 85297

Single Family · 5 Beds · 3 Full Baths · 2,520 Sq. ft. | 0.18 Acres
$610,000 Active

4238 E RAINBOW Drive Overview

Time on Site:
4 days
Visits:
0

This stunning 5-bedroom, 3-bathroom corner lot home is nestled in the highly sought-after Power Ranch community in Gilbert! Thoughtfully designed and move-in ready, this home offers the perfect blend of comfort, style, and resort-style living. The exterior was painted in 2023, adding to the home's beautiful curb appeal from the moment you arrive. Step inside and you'll immediately feel the space and warmth this home has to offer, with a functional layout ideal for everyday living and entertaining. A full bedroom and bathroom on the main level provides flexibility for guests, a home office, or a private space for extended family. The real showstopper is the backyard. Designed for those who love to entertain and unwind, this resort-style outdoor oasis features a sparkling Pebble-Tec pool with a heater, brand-new turf, an extended covered patio perfect for outdoor dining, a built-in BBQ, and mature citrus trees that add beauty and charm year-round. The desirable north/south exposure helps keep the outdoor space comfortable and enjoyable. The home also comes with a transferable home warranty good through May 2027, which includes pool and HVAC maintenance for added peace of mind. As a Power Ranch resident, you'll enjoy access to two resort-style pools, two clubhouses, over 26 miles of scenic trails, catch-and-release fishing lakes, 25 pocket parks, basketball, volleyball, soccer and baseball fields, plus a packed community events calendar featuring farmers markets, movie nights, food truck events, and holiday celebrations. Top-rated Higley Unified School District schools are located right within the community, with easy access to SanTan Village, Loop 202, and Gilbert Gateway Towne Center. This one truly has it all!

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4238 E RAINBOW Drive Facts & Features

  • Type Single Family
  • Sq. ft. 2,520
  • Price/Sq.ft. $242
  • Lot 0.18 Acres

Details

General

Association/HOA

  • Association Fee: $402.00
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Maintenance Grounds
  • Association Name: CCMC
  • Association: true

School Information

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

Building Information

  • Builder Name: Standard Pacific
  • Year Built: 2003

Location/Region

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

Community/Development

  • Community Features: Pool,Pickleball,Lake,Community Spa,Community Spa Htd,Tennis Court(s),Playground,Biking/Walking Path

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: $2,042.00
  • Tax Year: 2025

General Information

  • Disclosures: Seller Discl Avail
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 313-01-865
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: N/A

Interior

Parking Information

  • Garage Spaces: 3.0

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 5
  • Bedrooms Possible: 5

Building Interior

  • Building Area Source: Assessor

General Information

  • Fireplace: false
  • Flooring: Carpet,Tile,Wood
  • Interior Features: High Speed Internet,Double Vanity,Upstairs,Eat-in Kitchen,9+ Flat Ceilings,Vaulted Ceiling(s),Kitchen Island,Pantry,Full Bth Master Bdrm,Separate Shwr \u0026 Tub,Tub with Jets,Laminate Counters
  • Laundry Features: Inside,See Remarks,Wshr/Dry HookUp Only
  • Living Area: 2520.0
  • Living Area Source: Assessor
  • Rooms Total: 0
  • Spa Features: None
  • Stories Total: 2
  • Window Features: Solar Screens,Dual Pane

Exterior

Parking Information

  • Open Parking Spaces: 2.0
  • Parking Features: Tandem Garage,Garage Door Opener,Direct Access,Attch'd Gar Cabinets,Temp Controlled

Lot Information

  • Lot Features: North/South Exposure,Corner Lot,Gravel/Stone Front,Gravel/Stone Back,Synthetic Grass Back
  • Lot Size Acres: 0.18
  • Lot Size Area: 7769.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7769.0
  • Lot Size Units: Square Feet
  • Road Responsibility: City Maintained Road
  • Water Source: City Water

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Stucco,Wood Frame,Painted
  • Property Attached: false
  • Roof: Tile

General Information

  • Covered Spaces: 3.0
  • Exterior Features: Balcony,Built-in Barbecue
  • Fencing: Block
  • Horse: false
  • Pool Features: Play Pool
  • Pool Private: true
  • Sewer: Public Sewer

4238 E RAINBOW Drive 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.

4238 E RAINBOW Drive 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.

4238 E RAINBOW Drive 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

4238 E RAINBOW Drive History

Date Event Value Agent
6/26/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
June 26, 2026
11/5/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
November 05, 2024