848 S 131st Street, Gilbert, AZ 85233

$774,000
4
BD
2
BA
1,992
SqFt

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Sold Price
$774,000
List Price
$799,000
Closing Date
Feb 27, 2026
Days on Market
19
Status
CLOSED
MLS#
6978242
City
Gilbert
Bedrooms
4
Bathrooms
2
Living SQFT
1,992
Lot Size
44,366
Subdivision
White Fence Farms Unit 2
Year Built
1974
Type
Single Family Residence

Property Description

RARE HORSE PROPERTY on just over an acre of land with NO HOA in the Chandler/Gilbert area, offering exceptional value as the CHEAPEST ACRE LOT currently available in this location. The property features PASTURES, DIVING POOL, workshop/tack room, horse pen & turnout area with NEWER PIPE RAIL FENCING. A major improvement already completed with a NEW $30K SEPTIC SYSTEM, eliminating a significant future expense. The land is beautifully LINED WITH MATURE CITRUS TREES and offers endless upside as an INVESTOR SPECIAL or renovation opportunity for a buyer looking to add equity. A rare combination of land, zoning, and price in a rapidly growing area with extremely limited inventory. **CARPORT currently set up as storage/rec room but can be converted back**

Additional Information

Elementary School
Settlers Point Elementary
High School
Mesquite High School
Middle School
Mesquite Jr High School
Acres
1.02
Assoc Fee Includes
No Fees
Builder Name
Unk
Community
White Fence
Construction
Block, Painted
Cooling
Ceiling Fan(s), Central Air
Exterior Features
Storage
Fencing
Block, Back Yard
Fireplace
Wood Burning
Flooring
Carpet, Tile
Heating
Electric
Horse Features
Stall, Tack Room
Horses
Yes
Laundry
In Garage
Living Area
1,992
Lot Size
44,366
New Financing
Cash, Conventional
Other Rooms
Family Room
Parking Features
Direct Access
Lot Features
Natural Desert Front, Natural Desert Back
Roofing
Built-Up
Sewer
Septic-In & Connected
Pool
Yes
Spa
None
Stories
1
Subdivision
White Fence Farms Unit 2
Taxes
$2,348
Tax Year
2025
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Realty ONE Group. Selling Office: Realty ONE Group.

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.