6 months on rocket

4568 S Banning Dr, Gilbert, AZ, 85297

$4,999,888

7 Bedrooms
7 Baths
10,572 SqFt
$473/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, RV Gate, RV Garage
Garage6 spaces
Year Built2021
HeatingElectric
Fireplace2 Fireplace, Two Way Fireplace, Fire Pit, Family Room
Private PoolYes
MLS #6702319
Lot Size0.81 Acres
StatusActive

About 4568 S Banning Dr

SELLER FINANCING AVAILABLE! Award winning builder, Luxury Living Homes presents this incredible 10,572 Sq Ft single level estate with 2 Guest Houses in the prestigious gated community, Weston Ranch! Winning multiple awards, this property is the home builder's personal residence and showcase home with architecture inspired by Frank Lloyd Wright. This 7 bedroom, 6.5 bathroom luxury estate offers an NBA indoor basketball court, 6 car garage, detached guest house and exquisite custom finishes throughout. The custom ceiling details, over 23 imported slabs/inlay marbles/tile work, incredible kid bedrooms with play areas that inspire young minds creativity, amazing outdoor spaces including pickle ball court/sport court, and multiple engineered pools within one large pool

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2021
  • Stories: 1
  • Living Area: 10,572 SqFt

Listing Office:

  • Office Name: Realty ONE Group
  • Office Phone: (480) 788-7556, (602) 953-4000
  • Listing Agent: Joshua A Peters, Monroe Peters

Interior Features

Interior Information:

  • Flooring Type: Stone, Tile
  • Interior: Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Fireplace: 2 Fireplace, Two Way Fireplace, Fire Pit, Family Room

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Private Pickleball Court(s), Circular Drive, Covered Patio(s), Patio

Parking Information:

  • Garage Space: 6 spaces
  • Parking: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, RV Gate, RV Garage

Lot Features

Lot Information:

  • Lot: Desert Back, Desert Front
  • Lot Size: 0.81 Acres

Utilities

Utilities Information:

  • Heating: Electric

Other

Directions Information:

  • Directions: West on Queen Creek; North on Rockwell (Weston Ranch Gate); East on Clark; North on Banning to the property on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,999,888
  • Price Per SqFt: $473/SqFt

HOA Fees:

  • Amount: $486
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $9,457
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gilbert, AZ.

Med. Sold Price

$586.6K

Med. Price/SqFt

$287

Avg. Days On Market

61

# of Sold Homes

207

4568 S Banning Dr vs Gilbert

200 DAYS ON ROCKET

+139 Days

$4,999,888

+$4.4M More

$473/SqFt

+$185 More

KEY TAKEAWAY

This property is $4.4M more than the Median Sold Price and $185/SqFt more than other homes in Gilbert, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6702319

Listing Office:

  • Office Name: Realty ONE Group
  • Office Phone: (480) 788-7556, (602) 953-4000
  • Listing Agent: Joshua A Peters, Monroe Peters

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively 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. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 3:21:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 20, 2018Home Sold
$305,000
Feb 18, 2015Home Sold
$380,000
Mar 11, 2009Home Sold
$921,288

Tax History

YEARPROP. TAXASSESSMENT
2021$9,457$124,180
2020$4,955$58,570
2019$1,937$27,885
2017$1,876$25,320

History based on county public records data.

Payment Calculator

$25.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1704651
8
/10
  • Coronado Elementary School

  • 4333 S Deanza Blvd

  • 0.73 miles

  • Public District Grades KG-6

school-card-donut-1704652
10
/10
  • Bridges Elementary School

  • 5205 S Soboba St

  • 1.36 miles

  • Public District Grades KG-6

school-card-donut-1704653
9
/10
  • San Tan Elementary School

  • 3443 E Calistoga Dr

  • 1.49 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,829. Most Gilbert, AZ residents have annual incomes between $100k-200k. The majority of families are married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4568 S Banning Dr

What is the listing price of this property?

The listing price of 4568 S Banning Dr property is $4,999,888.

What type of property is this?

The property 4568 S Banning Dr is a house located in Gilbert, Arizona, 85297.

Is this property for sale now?

Active Listing: 4568 S Banning Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,457 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 20, 2018 for $305,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4568 S Banning Dr has 7 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 4568 S Banning Dr is 10,572 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4568 S Banning Dr is 2021.
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Rocket HomesArizonaMaricopa CountyGilbert852974568 S Banning Dr

This home is located at 4568 S Banning Dr in Gilbert, AZ and zip code 85297 in the Weston Ranch neighborhood. This 10,572 square foot home, which was built in 2021, sits on a 0.81 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 25, 2024 and is currently priced at $4,999,888.

In November 2024 more than 28 listings in Gilbert, AZ were sold above the asking price. During the same period more than 46 listings were sold at asking price, while more than 133 were sold below. The inventory of homes for sale in Gilbert, AZ between October 2024 and November 2024 decreased by 3.1%. In November 2024, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $586,666.

From Rocket Homes Real Estate and based on county public records data.

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