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1281 E Frances Lane

Gilbert, AZ 85295

2 beds
3 baths
1,615 sqft
5,740 sqft lot
$278 per sqft
2004 build
– on site

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 potentialplenty 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!

Listing courtesy of ARMLS / Real Broker

Last checked: Checking… • Last updated Apr 30, 2025 •

MLS# 6858648 —

The Building

Year Built:

2004
New Construction:

No
Construction Materials:

Stucco, Wood Frame, Painted, Block
Builder Name:

Unk
Roof:

Tile
Stories Total:

1
Basement:

false
Basement:

No
Direction Faces:

None

Interior

Interior Features:

Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Double Vanity, Separate Shwr & Tub
Furnished:

None
Flooring:

Carpet, Tile
Fireplaces Total:

None
Fireplace:

true
Fireplace Features:

1 Fireplace
Laundry Features:

Wshr/Dry HookUp Only

Room Dimensions

Living Area:

1615.0
Living Area Units:

None
Living Area Source:

Assessor

Financial & Terms

Possession:

Close Of Escrow

Location

Latitude:

33.293117
Longitude:

-111.762275
Cross Street:

Val Vista & Pecos Rd

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Parcel Number:

304-46-124
Lot Features:

Desert Front
Lot Size Area:

5740.0
Lot Size Acres:

0.13
Lot Size SqFt:

5,740 Sqft
Lot Size Dimensions:

None
Lot Size Units:

Square Feet
Lot Size Source:

Assessor
Land Lease:

false
Fencing:

Block
Horse:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

1363.0
Tax Lot:

103
Tax Map Number:

46.00
Tax Book Number:

304.00
Tax Legal Description:

LOT 103 SPECTRUM AT VAL VISTA PARCEL 22 MCR 069135

Beds

Bedrooms Total:

2

Baths

Total Baths:

2.5
Total Baths:

3
Full Baths:

None
Half Baths:

None
Partial Baths:

None
Three Quarter Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None

Heating & Cooling

Heating:

Natural Gas
Heating:

true
Cooling:

Central Air, Ceiling Fan(s)
Cooling:

true
Central Air:

true

Utilities

Sewer:

Public Sewer
Water Source:

City Water

Appliances

Range Oven:

true

Schools

Elementary School:

Spectrum Elementary
Elementary School District:

Gilbert Unified District
Middle Or Junior School:

South Valley Jr. High
High School:

Campo Verde High School
High School District:

Gilbert Unified District

The Community

Subdivision Name:

SPECTRUM AT VAL VISTA PARCEL 22
Senior Community:

No
Community Features:

Playground, Biking/Walking Path
Association:

true
Association Fee:

$286.50
Association Fee Frequency:

Quarterly
Association Fee Includes:

Street Maint
Pool Private:

false
Pool Features:

None
Spa Features:

None
Pets Allowed:

None

Parking

Parking Total:

None
Garage:

No
Garage Spaces:

2.0
Attached Garage:

No
Covered Spaces:

2.0

Monthly cost estimate

Asking price

$449,000

Expense	Monthly cost
Mortgage	$2,404
Taxes	$113
Insurance	$123
Utilities	$134 See report
Total	$2,774/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/29/25 Apr 29, 2025	Listed / Active	ARMLS	$449,000

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This house located in The Spectrum at Val Vista, Gilbert, AZ 85295 is currently for sale for $449,000. 1281 E Frances Lane is a 1,615 square foot house with 2 beds and 3 baths that has been on Estately for 11 days. 1281 E Frances Lane is in the The Spectrum at Val Vista neighborhood of Gilbert and has a WalkScore® of 28, making it car-dependent.

Listing Courtesy of: ARMLS and Real Broker.

This ARMLS logo indicates a property listed by a real estate brokerage other than Estately, Inc. © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Estately assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This property listing is offered without respect to any protected classes in accordance with the law.