4052 E Milky Way

Gilbert, AZ
$ 565,000 Beds 4 Baths 3.5 Sq 2,573
Monthly Estimate* How much can I afford?

Offering SELLER CONCESSIONS! This BASEMENT home is turnkey updated & offers just under 2,600 sqft w/ 4 bedrooms, 3.5 baths & is designed for true & relaxing living, w/ downstairs featuring a dedicated theater space or bonus living area, bedroom, and bath, perfect for cool movie nights, guests, or multi-use living. The main floor offers a functional open layout, a kitchen w/ granite countertops, breakfast bar & bright dining area w/ a glass sliding door leading to the backyard. The spacious primary suite includes a large walk-in closet & a well-appointed bath w/ dual sinks & separate tub. Recent upgrades include custom paneling throughout & new AC unit for added comfort & efficiency. Outside, enjoy fruit trees & a low-maintenance yard w/ new turf ideal for easy AZ living. The community offers a pool, parks, & sports courts, creating a neighborhood feel while remaining peaceful & mature landscaping. This home blends space, flexibility, & lifestyle in a setting that's hard to find and just right. Just minutes from freeway access, top schools, shopping & restaurants.

Active

  • Price
  • $ 565,000
  • City
  • Gilbert
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • MARICOPA
  • Half Bathrooms
  • 1
  • Area
  • Willows
  • Lot Size
  • 0.1 Acres
  • Zip
  • 85295
  • Sqr Footage
  • 2,573
  • Year Built
  • 2008
  • Taxes
  • $ 1761
  • Style
  • Territorial/Santa Fe
  • MLS#
  • 6987226
Listed By: Real Broker; 602-755-3415
Data Source: Arizona Regional MLS (ARMLSN)

Features

General

Sewer Public Sewer
Heating Electric
Cooling Central Air,Ceiling Fan(s),Programmable Thmstat
Utilities SRP
Possession Close Of Escrow
Roof Tile
HOA Fee 126.0
Garage Spaces 2.0
Association Fee Includes Maintenance Grounds
Architectural Style Territorial/Santa Fe
Security Features Security System Owned
Construction Materials Stucco,Wood Frame,Painted
Year Built 2008
Electric 220 Volts in Kitchen
Township 1S
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Pool,Playground,Biking/Walking Path
Assoc Fee Paid Per Monthly
County Maricopa
New Construction No
Property Type Residential
HOA Yes
Attached Garage No
Energy Efficient Multi-Zones
Subdivision Name WILLOWS
Special Listing Conditions N/A
Status Active
Directions From Ray Rd & Recker Rd,head south on Recker Rd. Turn left on E Oakland St. Turn left on S Olympic Dr. Turn right on E Milky Way. The property is on the left.
High School Williams Field High School
City Gilbert
Disclosures Agency Discl Req,Seller Discl Avail
Association Name Metro Property Servi
High School District Higley Unified School District
Open Parking Spaces 2.0
Lot Size Units Square Feet
Lot Size Square Feet 4175.0
Carport Spaces 0.0
Carport Y/N No
Spa Features None
Elementary School Gateway Pointe Elementary
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1761.0
Home Warranty Y/N No
Current Financing Other
Middle/Junior High School Cooley Middle School
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Builder Name K. Hovnanian Homes
Standard Status Active
Occupancy Type Vacant
Elementary School District Higley Unified School District
Tax Lot 5
MobileHomeRemainsYN No
New Financing: Conventional True
Senior Community No
New Financing: FHA True
Ttl Monthly Fee Equiv 126.0
New Financing Cash True
New Financing: VA True

Interior Features

Interior Amenities Non-laminate Counter,Granite Counters,Double Vanity,Upstairs,Eat-in Kitchen,Breakfast Bar,Pantry,Full Bth Master Bdrm,Separate Shwr & Tub
Basement Finished,Full
Flooring Carpet,Tile
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Dual Pane
Fireplace Y/N No
Laundry Features Inside,Wshr/Dry HookUp Only
Total Bedrooms 4
LivingAreaSource Appraiser
Total Baths 4
Bedrooms Possible 5
Other_sp_Rooms_co_Family_sp_Room True
Other_sp_Rooms_co_BonusGame_sp_Room True
Built-in Microwave True
Non-laminate Counter True
Pantry True

Exterior Features

Fencing Back Yard,Block
Parking Features Attached Garage,Garage Door Opener,Direct Access
Lot Features North/South Exposure,Sprinklers In Rear,Sprinklers In Front,Desert Back,Desert Front,Gravel/Stone Front,Gravel/Stone Back,Grass Front,Synthetic Grass Back
Water Source City Water
Lot Size Area 4175.0
Spa No
Lot Size Acres 0.1
Road Surface Type Paved
Lot Size Source Assessor
Waterfront Y/N No
Covered Spaces 2.0
Crops Included Y/N No
Road Responsibility City Maintained Road
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Gilbert, AZ office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Gateway Pointe Elementary
Middle School Cooley Middle School
High School Williams Field High School

Price History

2/20/2026 Listed $610,000
3/13/2026 2% - $600,000
4/12/2026 2% - $589,000
5/22/2026 3% - $575,000
7/27/2026 1% - $573,900
7/30/2026 2% - $565,000

Property vs Zip Code Average in 85295

Price
AVG $720K
$570K
Taxes
AVG $2,128
$1,761
Year Built
AVG 2009
2008
Visits
AVG 158
27
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

4052 E Milky Way Gilbert, AZ is a Single Family Home for sale at $565000 with 2573 sqft and a lot size of 0.1 Acres Acre(s). 4052 E Milky Way Gilbert has 4 bedrooms, 3 baths and was built in 2008. The property's zip code is 85295 which is in Gilbert, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

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Tony Vehon

Tony Vehon

480-571-4959

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