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Gilbert Estate Lot Opportunity
For Sale
$1,020,000

2437 E MELROSE Court, Gilbert, AZ 85297

LAND - Gilbert, AZ

Property SizeContact for details
Lot Size0.93 Acres
Days on Market127

Property Features for 2437 E MELROSE Court

General Information

Property type Land
Property subtype Other
Zoning R35
Subdivision ARBORETA
Directions East on Germann short distance to gated community Pico Street on the north side of Germann.
Standard status Active
APN 304-52-984
Lot size 0.93 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 7 ARBORETA MCR 180541
Tax Annual Amount 1977
HOA Fee $350 Monthly
Legal Description LOT 7 ARBORETA MCR 180541

Utilities

Sewer type Public Sewer
Listing Agency: Clearview Realty, Inc.
Listed By: Travis Hansen · License #BR540141000
Added: Apr 30 Changed: May 4 Last Checked: Sep 3 at 9:06AM
MLS# 7021506

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.92-acre estate lot presents a rare opportunity to build a custom home in the gated community of Arboreta Estates in Gilbert, Arizona. Designated as Lot 7, the property is oriented in a north/south direction and situated at the end of a cul-de-sac. All utilities, including water, sewer, electricity, natural gas, and high-speed internet, are stubbed directly to the lot, making it build-ready without the need for utility extensions. The community features a custom stone-gated entrance with professional landscaping. Located at Germann Road & Greenfield Road, the property provides access to schools, shopping, and restaurants. The community is nearing completion, with only 6 lots remaining.

Key Highlights

  • Large 0.92‑acre fully improved estate lot in a prestigious gated community
  • All utilities (water, sewer, electricity, natural gas, high‑speed internet) are stubbed directly to the lot
  • Desirable north/south oriented lot at the end of a cul‑de‑sac

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

275
Businesses Nearby

Demographics for 85297, AZ

36,076
Population
11,146
Households
3.2
Avg Household Size
33
Median Age
45%
College-Educated
99%
High-School Grad
10.7 sq mi
ZIP Area
3,372
Density / Sq Mi
$132,684
Median Household Income
$59,991
Median Earnings
$2,083
Median Rent
$559,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 0.92-acre estate lot in gated Gilbert community.
Where is this residential land & home lot located?
The property is located at 2437 E MELROSE Court Gilbert, AZ.
What is the asking price?
The asking price for this property is $1,020,000.
What are key features of this property?
This property features: Large 0.92‑acre fully improved estate lot in a prestigious gated community; All utilities (water, sewer, electricity, natural gas, high‑speed internet) are stubbed directly to the lot; Desirable north/south oriented lot at the end of a cul‑de‑sac
More about this property
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