51 N COTTONWOOD Drive, Gilbert, AZ 85234

New Listing
$499,999
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,400 Lot Size (sq. ft.): 6,471 Status: UCB (Under Contract-Backups)
Current Price: $499,999 List Date: 3/13/2026 Last Modified: 3/15/2026

Description

Charming Updated Home in the Heart of Downtown Gilbert Welcome to this beautifully updated 4-bedroom, 2-bath home offering 1,450 sq ft of thoughtfully designed living space in one of Gilbert's most desirable locations -- walking distance from the vibrant downtown district with its restaurants, coffee shops, nightlife, and community events. Step inside to an inviting open floor plan featuring plank tile flooring throughout the main living areas and newer carpet (2024) in the bedrooms for comfort and style. The spacious living room flows seamlessly into the updated kitchen and dining area, complete with all new appliances, ample cabinetry, and generous counter space -- perfect for everyday living and entertaining.

Supplements: Major updates provide peace of mind, including: " Roof (2022) " Gas water heater (2023) " All new kitchen appliances (2026) " Updated sprinkler system in the front yard The primary suite features a walk-in closet and private bath, while one of the secondary bedrooms also offers its own walk-in closet -- a rare and desirable bonus for guests, family, or a home office setup. Outside, enjoy a low-maintenance backyard with turf landscaping, offering year-round greenery and plenty of space to relax, entertain, or let pets play. The charming single-story exterior with brick accents and classic shutters adds to the home's curb appeal. Whether you're looking for walkability, modern updates, or a move-in-ready home in a prime location, this one checks all the boxes.

More Information MLS# 6995247

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $499,999 Status: UCB (Under Contract-Backups) Current Price: $499,999 List Date: 2026-02-24

Location, Tax & Legal

Assessor's Map #: 11 Legal Description (Abbrev): LOT 22 COLLEGE PARK 5 MCR Assessor's Parcel #: 217 Tax Municipality: Gilbert Taxes: 907 House Number: 51 Compass: N Street Name: COTTONWOOD St Suffix: Drive City/Town Code: Gilbert State/Province: AZ Zip Code: 85234 Zip4: 5763 County Code: Maricopa Assessor Number: 304-11-217 Subdivision: COLLEGE PARK 5 Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 2 Half Bathrooms: 0 Approx SQFT: 1400 Price/SqFt: 357.14 Approx Lot SqFt: 6471 Approx Lot Acres: 0.149 Flood Zone: No Horses: N Model: UNKNOWN Builder Name: unknown Lead Based Hazard Disclosure: Yes Elementary School District: Gilbert Unified District High School District: Gilbert Unified District Elementary School: Burk Elementary School Jr. High School: Mesquite Jr High School High School: Gilbert High School Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: No Marketing Name: GILBERT Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 4 Total Bathrooms: 2 Year Built: 1972

Legal Info

Range: 6E Section: 7 Township: 1S Lot Number: 22

Special Listing Cond

N/A: 1

Construction

Other: 1

Const - Finish

Wood Siding: 1

Roofing

Other: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Other: 1

Master Bathroom

Full Bth Master Bdrm: 1

Add'l Property Use

Ranch: 1

Flooring

Carpet: 1 Tile: 1

Dining Area

Eat-in Kitchen: 1

Heating

Electric: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Electric Range: 1 Built-in Microwave: 1 Refrigerator: 1 Granite Counters: 1

Cooling

Central Air: 1

Laundry

Washer Included: 1 Dryer Included: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Chain Link: 1

Water Source

City Water: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

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

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Utilities

APS: 1

Existing 1st Loan

Conventional: 1

Landscaping

Gravel/Stone Front: 1 Gravel/Stone Back: 1 Grass Front: 1 Synthetic Grass Back: 1

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1

Possession

By Agreement: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Cross Street: Gilbert Rd & Elliot Rd Directions: From Gilbert Rd head East on Elliot Rd North on Cottonwood Dr Geo Lat: 33.3519 Geo Lon: -111.783899

Property Features

Special Listing Cond: N/A Add'l Property Use: Ranch Master Bathroom: Full Bth Master Bdrm Flooring: Carpet; Tile Spa: None Dining Area: Eat-in Kitchen Kitchen Features: Electric Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Counters Laundry: Washer Included; Dryer Included Construction: Other Const - Finish: Wood Siding Roofing: Other Cooling: Central Air Heating: Electric Utilities: APS Water Source: City Water Sewer: Sewer - Public Fencing: Chain Link Landscaping: Gravel/Stone Front; Gravel/Stone Back; Grass Front; Synthetic Grass Back Lockbox Type: Other Possession: By Agreement Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: HomeSmart Lifestyles
IDX
Last Updated: March - 15 - 2026
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