3500 E PENEDES Drive, Gilbert, AZ 85298

$734,900

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 2,921 Lot Size (sq. ft.): 9,900 Status: Closed

Current Price: $734,900 Last Modified: 9/28/2026

Overview

Description

8/2/26 FRESHLY UPDATED remodel you need to see to believe! SELLER OFFERING A $10,000 TOTAL CONCESSION FOR RATE BUY-DOWN, CLOSING COSTS. Welcome to 3500 E Penedes Drive, located in the highly desirable community of Marbella Vineyards in Gilbert. This beautifully maintained home offers a spacious and functional open-concept layout, perfect for modern living and effortless entertaining.The heart of the home features a large great room that flows seamlessly into the kitchen and dining areas, creating an inviting space for gathering with family and friends. The kitchen is designed with both style and functionality in mind, offering ample cabinetry,Step outside to your fully upgraded backyard oasis, where no detail has been overlooked. Enjoy a newly updated

Supplements: generous counter space, and a layout that keeps you connected to the main living areas. Step outside to your fully upgraded backyard oasis, where no detail has been overlooked. Enjoy a newly updated expansive low-maintenance turf, and plenty of room for outdoor seating, and entertaining. This private outdoor space is ideal for Arizona living year-r ... (Read more)

Listing Details MLS# 7020147

Location, Tax & Legal

House Number: 3500
Compass: E
Street Name: PENEDES
St Suffix: Drive
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85298
Zip4: 0838
Country: US
County Code: Maricopa
Assessor Number: 313-18-774
Subdivision: MARBELLA VINEYARDS PHASE 2B
Tax Year: 2025
Assessor's Map #: 18
Legal Description (Abbrev): LOT 71 MARBELLA VINEYARDS PHASE 2B MCR 115942
Assessor's Parcel #: 774
Tax Municipality: Gilbert
Taxes: 3397

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 4
Full Bathrooms: 4
Half Bathrooms: Yes
Total Bathrooms: 5
Approx SQFT: 2921
Price/SqFt: 251.59
Horses: N
Builder Name: Shea Homes
Year Built: 2016
Approx Lot SqFt: 9900
Approx Lot Acres: 0.227
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: No
Elementary School District: Chandler Unified District #80
High School District: Chandler Unified District #80
Elementary School: Dr. Gary and Annette Auxier Elementary School
Jr. High School: Dr. Camille Casteel High School
High School: Dr. Camille Casteel High School

Remarks Misc

Cross Street: S Higley Road & E Ocotillo Road

Status Change Info

Off Market Date: 2026-08-29
Under Contract Date: 2026-08-28
Close of Escrow Date: 2026-09-28

Legal Info

Township: 2S
Range: 6E
Section: 23
Lot Number: 71

More Information

Basement

Basement Y/N: N

Items Updated

Bath(s) Yr Updated: 2026
Bath(s) Partial/Full: Partial
Pool Yr Updated: 2026
Pool Partial/Full: Partial

Parking Spaces

Garage Spaces: 3
Total Covered Spaces: 3
Slab Parking Spaces: 0

Solar Panels

Ownership: Owned Outright

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Seller Assist - A
Buyer Concession $/%: $
Seller Concession to Buyer: 11000
Seller Concession $/%: $
Buyer Concession to Seller: 0

DPR Eligible

DPR Eligible: Yes

Special Listing Cond

N/A: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes
Stone: Yes

Roofing

Tile: Yes

Association & Fees

HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 185.5
HOA Fee: 345.52
HOA Paid Frequency: Quarterly
HOA Name: Marbella Vineyards
HOA Telephone: 480.820.1519
HOA Management Phone: 480.820.1519
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 1500
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 314
Disclosure Fees HOA: 183.5
Other Fees HOA: 278
Other Fees Description: HOA Membership Compliance Inspection
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 115.17

Lockbox Type

Combo: Yes

Architecture

Ranch: Yes

Master Bathroom

Full Bth Master Bdrm: Yes
Separate Shwr & Tub: Yes
Double Vanity: Yes
Private Toilet Room: Yes

Additional Bedroom

Separate Bedroom Exit: Yes
Master Bedroom Walk-in Closet: Yes
Other Bedroom Walk-in Closet: Yes

Add'l Property Use

None: Yes

Flooring

Carpet: Yes
Tile: Yes

Window Features

Screens: Yes
Solar Screens: Yes

Private Pool Features

Heated: Yes

Community Features

Biking/Walking Path: Yes
Children's Playgrnd: Yes

Dining Area

Breakfast Bar: Yes
Dining in LR/GR: Yes

Heating

Electric: Yes

Kitchen Features

Dishwasher: Yes
Disposal: Yes
Kitchen Island: Yes
Built-in Microwave: Yes
Refrigerator: Yes
Walk-in Pantry: Yes
Gas Cooktop: Yes
Granite Counters: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Interior Features

9+ Flat Ceilings: Yes
No Interior Steps: Yes
Soft Water Loop: Yes

Laundry

Washer Hookup: Yes
Gas Dryer Hookup: Yes
Inside: Yes

Other Rooms

Great Room: Yes

Separate Den/Office

Sep Den/Office Y/N: N

Technology

Pre-Wire Srnd Snd: Yes
Cable TV Avail: Yes
High Speed Internet: Yes

Fencing

Block: Yes

Water Source

City Water: Yes

Exterior Features

Built-in BBQ: Yes
Covered Patio(s): Yes
Pvt Yrd(s)/Crtyrd(s): Yes

Spa

Private: Yes
Heated: Yes

Sewer

Sewer - Public: Yes

Parking Features

Direct Access: Yes
Garage Door Opener: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes

Energy/Green Feature

Solar Panels: Yes

Plumbing

Gas Hot Water Heater: Yes

Utilities

SRP: Yes
SW Gas: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Property Description

North/South Exposure: Yes

Landscaping

Gravel/Stone Front: Yes
Gravel/Stone Back: Yes
Desert Front: Yes
Desert Back: Yes
Synthetic Grass Back: Yes
Auto Timer H2O Front: Yes
Auto Timer H2O Back: Yes

Services

City Services: Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes

Possession

Close of Escrow: Yes

Association Fee Incl

Common Area Maint: Yes

Assoc Rules/Info

Pets OK (See Rmrks): Yes
No Visible Truck Trailer RV Boat: Yes
Rental OK (See Rmks): Yes
Prof Managed: Yes

Property Features

Special Listing Cond: N/A Add'l Property Use: None Architecture: Ranch Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet Flooring: Carpet; Tile Window Features: Screens; Solar Screens Private Pool Features: Heated Spa: Private; Heated Community Features: Biking/Walking Path; Children's Playgrnd Dining Area: Breakfast Bar; Dining in LR/GR Kitchen Features: Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Walk-in Pantry; Granite Counters; Kitchen Island Laundry: Washer Hookup; Gas Dryer Hookup; Inside Other Rooms: Great Room Interior Features: 9+ Flat Ceilings; No Interior Steps; Soft Water Loop Technology: Pre-Wire Srnd Snd; Cable TV Avail; High Speed Internet Exterior Features: Built-in BBQ; Covered Patio(s); Pvt Yrd(s)/Crtyrd(s) Parking Features: Direct Access; Garage Door Opener Construction: Wood Frame Const - Finish: Painted; Stucco; Stone Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Electric Plumbing: Gas Hot Water Heater Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Property Description: North/South Exposure Landscaping: Gravel/Stone Front; Gravel/Stone Back; Desert Front; Desert Back; Synthetic Grass Back; Auto Timer H2O Front; Auto Timer H2O Back Lockbox Type: Combo Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: Realty ONE Group

Last Updated: September - 28 - 2026