2437 E MELROSE Court 7, Gilbert, AZ 85297 (MLS# 7021506)

2437 E MELROSE Court 7, Gilbert, AZ 85297

New Listing

$1,020,000

Property Type: Land Lot Size (sq. ft.): 40,458 Status: Active

Current Price: $1,020,000 List Date: 5/04/2026 Last Modified: 5/04/2026

Overview

Description

Rare opportunity to build your dream custom home on this beautiful 0.92-acre fully improved estate lot in the prestigious gated community of Arboreta Estates, Gilbert, AZ. Lot 7 features 0.92 acres with all utilities stubbed directly to the lot: water, sewer, electricity, natural gas, and high-speed internet. This desirable north/south oriented lot sits at the end of a cul-de-sac. Build-ready with no utility extensions needed. Enjoy a stunning custom stone-gated entrance with professional landscaping. A+ location at Germann Road & Greenfield Road with access to Gilbert's award-winning schools, Luxury Shopping and Restaurants. Only 6 lots remaining as the community nears completion. Don't miss one of the final large custom home lots in Gilbert!

Listing Details MLS# 7021506

Location, Tax & Legal

House Number: 2437
Compass: E
Street Name: MELROSE
St Suffix: Court
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85297
Zip4: 4506
Country: US
County Code: Maricopa
Assessor Number: 304-52-984
Subdivision: ARBORETA
Tax Year: 2025
Lot #: 7
Assessor's Map #: 52
Legal Description (Abbrev): LOT 7 ARBORETA MCR 180541
Assessor's Parcel #: 984
Add'l Parcels: No
Tax Municipality: Gilbert
Census Tract: 815400
Taxes: 1977
Marketing Name: Arboreta

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 0.93
Apx Total Acres G/N: G
Price Per Acre: 1096774.19
Apx SqFt: 40458
Price Per SqFt: 25.21
Apx SqFt G/N: G
Lot Size Dimensions: 150 by 281
Horses: N
Zoning: R35
Flood Zone: No

Remarks Misc

Cross Street: Greenfield and Germann
Directions: East on Germann short distance to gated community Pico Street on the north side of Germann.

Legal Info

Township: 2S
Range: 6E
Section: 3
Lot Number: 7

Showing Notification Methods

Showing Service: Aligned Showings

More Information

Special Listing Cond

N/A: Yes

Pmt & Rate Info

Equity: 1020000
Total Owed: 0

Assoc/Prop Info

HOA Y/N: Y
HOA Transfer Fee: 1150
HOA Fee: 350
HOA Paid (Freq): Monthly
HOA Name: Arboreta
HOA Telephone: 4802225885
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N

Lockbox Type

Other: Yes

Existing Land Use

Residential Lot: Yes

Zoned Presently

Single Family: Yes
Existing P.A.D.: Yes

Parcel Size

.50 - .99 Acres: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Electric

SRP: Yes

Gas

Natural Gas: Yes

Distance to Cable

On Property: Yes

New Financing

Cash: Yes
Conventional: Yes

Distance to Phone

On Property: Yes

Distance to Water

On Property: Yes

Distance to Electric

On Property: Yes

Distance to Gas

On Property: Yes

Distance to Sewer

On Property: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family; Existing P.A.D. Parcel Size: .50 - .99 Acres Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: Natural Gas Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: On Property New Financing: Cash; Conventional Environmental: None Lockbox Type: Other

Listing Office: Clearview Realty, Inc.

Last Updated: May - 04 - 2026

2437 E MELROSE Court 7, Gilbert, AZ 85297 (MLS# 7021506)