0 S 148th Street -, Gilbert, AZ 85298

New Listing

$1,850,000

Property Type: Land Lot Size (sq. ft.): 99,558 Status: Active

Current Price: $1,850,000 List Date: 9/14/2026 Last Modified: 9/14/2026

Overview

Description

Rare opportunity to own approximately 2.29 acres in Gilbert with excellent potential for a custom estate or future development. Enjoy the space and privacy of an acreage property while remaining conveniently located near shopping, dining, recreation, and major transportation routes throughout the Southeast Valley. The seller is currently pursuing a proposed subdivision of the property into two approximately 1.26-acre lots. The proposed lot sizes are approximately 54,713 SF and 54,873 SF. Bring your own builder and vision. Seller may provide builder resources upon request. Buyer to independently verify all information material to the purchase, including acreage, square footage, zoning, utilities, development potential, and subdivision feasibility.

Supplements: Bring your own builder and vision. Seller may provide builder resources upon request. Buyer to independently verify all information material to the purchase, including acreage, square footage, zoning, utilities, development potential, and subdivision feasibility.

Listing Details MLS# 7079895

Location, Tax & Legal

Compass: S
Street Name: 148th
St Suffix: Street
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85298
Country: US
County Code: Maricopa
Assessor Number: 304-72-045-N
Subdivision: S 148TH STREET MOD
Tax Year: 2025
Lot #: -
Assessor's Map #: 72
Legal Description (Abbrev): COM AT CENT SEC 17 TH S 20F TO TPOB TH CONT S 167.10F TO PT TH W 657.75F TO PT ON WLY LN NE4 NE4 SW4
Assessor's Parcel #: 45
Assessor Parcel Ltr: N
Add'l Parcels: Yes
Tax Municipality: Maricopa - COUNTY
Census Tract: 815900
Taxes: 3516

Contract Information

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

General Property Description

Apx Total Acres: 2.29
Apx Total Acres G/N: G
Price Per Acre: 807860.26
# Lots in Listing: 2
Apx SqFt: 99558
Price Per SqFt: 18.58
Apx SqFt G/N: G
Lot Size Dimensions: Unknown
Horses: N
Zoning: [R-43] RESIDENT
Flood Zone: No
Elementary School District: Chandler Unified District #80
High School District: Chandler Unified District #80
Elementary School: Robert J.C. Rice Elementary School
Jr. High School: Perry High School
High School: Perry High School

Remarks Misc

Cross Street: Lindsay and E Appleby Rd.
Directions: From 202, S on Lindsay, E on Spur Rd. N on Spur Rd. W on 147th.

Legal Info

Township: 2S
Range: 6E
Section: 17
Lot Number: -

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes

More Information

Special Listing Cond

N/A: Yes

Pmt & Rate Info

Equity: 1850000
Total Owed: 0

Assoc/Prop Info

HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0

Lockbox Type

None: Yes

Existing Land Use

Residential Lot: Yes

Zoned Presently

Single Family: Yes

Potential Use

Single Family: Yes

Parcel Size

1.00 - 2.49 Acres: Yes

Development Status

Raw Land: Yes

Land Features

East/West Exposure: Yes

View

Desert: Yes

Vegetation

Low Desert: Yes

Land Configuration

Square Rectangular: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Road Responsibility

City Maintained Road: Yes

Traffic Count

Not Available: Yes

Water Source

City Franchise: Yes

Freeway/Highway

2.1 - 5 Miles: Yes

Sewer

Septic Tank: Yes

Electric

SRP: Yes

Topography

Level: Yes

Gas

SW Gas: Yes

Distance to Cable

Under 350 Feet: Yes

New Financing

Cash: Yes
Conventional: Yes

Distance to Phone

None: Yes

Distance to Water

Under 350 Feet: Yes

Distance to Electric

Under 350 Feet: Yes

Distance to Gas

Under 350 Feet: Yes

Distance to Sewer

Under 350 Feet: Yes

Reports/Disclosures

ALTA Survey Alba: Yes
Subdivison Rpt Exemp: Yes

Environmental

None: Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family Potential Use: Single Family Parcel Size: 1.00 - 2.49 Acres Development Status: Raw Land Land Features: East/West Exposure View: Desert Vegetation: Low Desert Land Configuration: Square Rectangular Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Traffic Count: Not Available Topography: Level Water Source: City Franchise Sewer: Septic Tank Electric: SRP Gas: SW Gas Distance to Cable: Under 350 Feet Distance to Phone: None Distance to Water: Under 350 Feet Distance to Electric: Under 350 Feet Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet New Financing: Cash; Conventional Environmental: None Showing Notification Methods: Text Lockbox Type: None

Listing Office: Apex Residential

Last Updated: September - 14 - 2026