2593 E RIDGEWOOD Lane, Gilbert, AZ 85298

  • Active
  • Price Reduced$125,000

 $1,375,000

  • 6 BedroomBedrooms
  • 4 BathroomBathrooms
  • 3,300 Sq.Ft.
  • Single Family
  • Active
  • MLS# 7003517
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

PROPERTY DESCRIPTION

Rare Multi-Generational or Income Opportunity on Irrigated Acre in Greenfield Acres. Total livable space of approximately 3,300 sq ft includes a 2,004 sq ft main residence plus a fully independent 1,296 sq ft guest house--offering a rare multi-generational or income opportunity on a flood-irrigated acre in the highly sought-after Greenfield Acres community. The guest house is a true second residence with 2 bedrooms, 2 bathrooms, full kitchen, living area, private laundry, 2-car garage, separate driveway, and private entrance. The main home offers 4 bedrooms, 2 bathrooms, vaulted ceilings, good natural light, an open layout, and a fireplace anchoring the main living space. The garage includes a 2-car door with extended 3-car bay depth and epoxy flooring. Exterior paint, carpet, HVAC system, and water heater have all been updated within the past two years. Situated on a corner lot with separate street access for each residence, the property offers privacy and flexibility for a variety of living arrangements. The acre lot is fully flood irrigated with horse privileges, RV gate access, and room to build a pool, RV garage, or additional improvements. Under current Arizona law, properties of this size may allow for up to three total units (main home, attached ADU, and detached ADU), offering long-term flexibility. Located in the desirable Greenfield Acres neighborhood, known for its mature tree-lined streets, irrigated lots, and custom homes in a prime Gilbert location. The original owners have maintained the property since it was built and have hosted the annual neighborhood car show for over a decade. A unique opportunity to own a property with multiple living options and the ability to update or expand to fit your needs. Additional photos of both residences and property details will be uploaded soon.

Property Details

General

  • Subdivision: GREENFIELD ACRES
  • County: Maricopa
  • Style: Ranch
  • Beds: 6
  • Full Bathrooms: 4
  • Year Built: 1999
  • Sq. Ft.: 3,300
  • Lot Size: 1.0700
  • Lot Description: North/South Exposure, Corner Lot, Grass Front, Grass Back, Irrigation Back
  • Garage/Parking Spaces: 4.00
  • Association Fee Includes: Other (See Remarks)
  • Association Fee Freequency: Quarterly
  • Association Fee: $150.00

Interior Features

  • Interior Features: Walk-in Pantry, Non-laminate Counter, Double Vanity, No Interior Steps, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub

Schools

  • Elementary: Charlotte Patterson Elementary
  • Middle: Bogle Junior High School
  • High: Basha High School

Financial Considerations

  • Tax Amount: $3,770
  • Tax Year: 2025
  • Association Fees Frequency: Quarterly
  • HOA Dues: $150

Activity

  • Days On Market: 195
  • List Date: 03/25/2026
 

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