4507 E Lantern Place
Gilbert, AZ 85297
- 5 beds
- 3 baths
- 3,353 sqft
- 10,040 sqft lot
- $220 per sqft
- 2003 build
- – on site
Your dream home awaits in the award-winning Power Ranch community! From the moment you pull up, your greeted with exquisite stone accents, 3 car garage and an extended driveway. Step inside and you're greeted by a dramatic entryway, elegant flooring and fresh interior paint. Features a spacious loft, full bedroom downstairs next to a renovated bath, 2 large family rooms, AND the primary retreat has a separate space that can be used for a home office, gym or you decide! Large chef kitchen with center island, plus oversized breakfast bar, and a separate dining space with two pantries. Situated on an oversized lot with no neighbors directly behind, the backyard is a true retreat—featuring a sparkling heated pool, relaxing spa, large grassy play area, and a covered patio ideal for... Arizona outdoor living. Upstairs features a smart split layout with a versatile loft, three bedrooms with new carpet, a full bath on one side, and a luxurious primary suite on the other. The oversized primary includes a spa-like bath with dual sinks, separate shower, and relaxing soaking tub. Large laundry room offers extra storage. This home checks every boxcome see it today! Power Ranch is home to 2 elementary schools, 2 heated community pools, lush greenbelts, miles of walking trails, catch and release lakes, soccer fields, parks, basketball courts, and a clubhouse. Welcome home!
Last checked:
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Last updated May 22, 2025
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MLS# 6869834 —
The Building
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Year Built:2003
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New Construction:No
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Construction Materials:Brick Veneer, Stucco, Wood Frame, Painted
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Architectural Style:Santa Barbara/Tuscan
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Builder Name:William Lyons
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Roof:Tile
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Stories Total:2
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Basement:false
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Basement:No
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Exterior Features:Balcony
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Window Features:Dual Pane, Vinyl Frame
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Direction Faces:None
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Patio And Porch Features:Covered Patio(s), Patio
Interior
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Interior Features:High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Laminate Counters
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Furnished:None
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Flooring:Carpet, Laminate, Tile
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Laminate Flooring:true
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Fireplaces Total:None
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:3353.0
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Living Area Units:None
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Living Area Source:Assessor
Financial & Terms
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Possession:Close Of Escrow
Location
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Latitude:33.267661
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Longitude:-111.69295
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Cross Street:Germann and Ranch House Parkway
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Parcel Number:313-02-763
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Lot Features:Desert Front, Gravel/Stone Front, Grass Back, Irrigation Front, Irrigation Back
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Lot Size Area:10040.0
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Lot Size Acres:0.23
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Lot Size SqFt:10,040 Sqft
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Lot Size Dimensions:None
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Lot Size Units:Square Feet
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Lot Size Source:Assessor
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Land Lease:false
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Fencing:Block
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Horse:false
Listing Agent
- Contact info:
- Agent phone:
- (520) 907-4004
- Office phone:
- (480) 776-1555
Taxes
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Tax Year:2024
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Tax Annual Amount:2974.0
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Tax Lot:77
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Tax Map Number:2.00
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Tax Book Number:313.00
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Tax Legal Description:LOT 77 POWER RANCH NEIGHBORHOOD 3 MCR 053211
Beds
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Bedrooms Total:5
Baths
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Total Baths:3.0
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Total Baths:3
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Full Baths:None
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Half Baths:None
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
Heating & Cooling
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Heating:Natural Gas
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Heating:true
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Cooling:Central Air
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Cooling:true
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Central Air:true
Utilities
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Sewer:Public Sewer
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Water Source:City Water
Appliances
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Appliances:Electric Cooktop
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Electric Cooktop:true
Schools
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Elementary School:Power Ranch Elementary
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Elementary School District:Higley Unified School District
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Middle Or Junior School:Sossaman Middle School
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High School:Higley High School
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High School District:Higley Unified School District
The Community
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Subdivision Name:POWER RANCH NEIGHBORHOOD 3
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Senior Community:No
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Community Features:Lake, Community Pool, Playground, Biking/Walking Path
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Association:true
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Association Amenities:None
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Association Fee:$348.75
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Association Fee Frequency:Quarterly
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Association Fee Includes:Maintenance Grounds
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Pool Private:true
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Pool Features:Heated, Private
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Spa Private:true
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Spa Heated:true
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Spa Features:Heated, Private
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Pets Allowed:None
Parking
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Parking Total:None
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Garage:No
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Garage Spaces:3.0
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Covered Spaces:3.0
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Parking Features:Garage Door Opener
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Open Parking Spaces:5.0
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Garage Door Opener:true
Monthly cost estimate

Asking price
$739,990
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,962
|
Taxes | $247 |
Insurance | $203 |
Utilities | $178 See report |
Total | $4,590/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/22/25
May 22, 2025
|
Listed / Active | ARMLS | $739,990 |