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$1,287,500
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Property Description
Horse Lovers Dream in the Heart of Chandler! Discover this amazing 1.24 acre property with no HOA, designed for both comfortable living and an equestrian lifestyle. The custom spacious home offers an open floor plan featuring a gourmet kitchen, granite countertops, double ovens, stainless steel appliances, gas cook-top, and a large island ideal for entertaining. The split floor-plan primary suite includes a travertine shower w custom stonework, jetted soaking tub, a walk in custom closet, and separate private exit to the patio and pool. The main home offers 4 bedrooms , plus an additional detached room with a 1/2 bath and private access from the courtyard or garage. Perfect for guests, a home office or rental potential. Enjoy a large family room w surround sound, a cozy stone gas fireplace in the dining area, and seamless indoor - outdoor living featuring an expansive covered patio, sparkling pool w slide (built 2016). Equestrian enthusiasts will appreciate the well designed horse setup featuring a tack room, hay storage, 5 powered stalls w auto watering, extensive pipe fencing and irrigated pastures. Situated on a corner lot with North/South exposure, the property also includes a sealed floor garage with built in cabinets, and ample parking for vehicles, RV's, horse trailers, and recreational toys. Enjoy nearby Layton Lake parks and scenic horse trails and easy access to Gilbert Rd, Loop 202, Schools, Restaurants, and Medical Facilities. This rare acreage offers a blend of luxury, functionality and endless possibilities. A true Equestrian gem in the heart of Chandler! Buyer to Verify all Material Facts and Measurements.
Full Property Details
Full Property Details for 21231 S 140th St
General
- Price: $1,287,500
- Taxes: $3,354 (2024)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6938695
- Updated: 11/14/2025
- Added to Site: 83 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Gas Cooktop
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Wshr/Dry HookUp Only
Additional Information
- Pool: Yes
- Pool Description: Play Pool, Fenced
Exterior
- Exterior Features: Private Street(s), Storage
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Separate Strge Area
Location
- County: Maricopa
- Township: 2S
- Subdivision: Horse Property
- Cross Streets: Ocotillo & Gilbert
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
- Heating Type: Propane
Utilities
- Water: City Water
- Utility Description: Propane
Structural Information
- Architectural Style: Ranch,
- Builder: unk
- Exterior Const.: Brick Veneer, Stucco, Wood Frame
- Roof: Tile
- Windows: Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 1996
Lot Features
- Lot Size (Acres): 1.24
- Lot Size (Sq. Ft.): 54,064
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Sprinklers In Front, Corner Lot, Grass Front, Grass Back, Irrigation Back
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Auto Water, Stall, Tack Room
Financial Considerations
- Tax Amount: $3,354
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: N2 S2 N2 NE4 SW4 SEC 18 EX PARCELS 1 & 2 P/F 94-822464 & EX PARCEL 1 P/F 94-872899 & EX TH E 25F OF
- Property ID: 304-73-067
- Range: 6E
- Section: 18
- Lot Number: -
Listed by CORE Choice Realty
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Schools
Schools serving 21231 S 140th St
School District:Chandler Unified District
| Name | Grades | Distance |
|---|---|---|
Haley Elementary School 3401 South Layton Lakes Boulevard, Chandler, AZ 85286 | K-6 | 0.4 mi |
Perry High School 1919 E Queen Creek Rd, Gilbert, AZ 85297 | 9-12 | 2 mi |
Santan Junior High School 1550 East Chandler Heights Road, Chandler, AZ 85249 | 7-8 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 21231 S 140th St
Date
Details
Price
Change
Source
11/14/2025
Price Reduced
$1,287,500
-8.04%
MLS
10/25/2025
Listed
$1,400,000
220%
MLS
7/14/2015
Sold
$437,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 21231 S 140th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,418
2%
$68,860
5%
2024
$3,354
3%
$65,510
-7%
2023
$3,250
5%
$70,370
12%
2022
$3,101
—
$62,820
35%
2022
$3,101
-3%
$46,560
12%
2021
$3,212
—
$41,560
5%
2020
$3,213
4%
$39,400
11%
2019
$3,089
4%
$35,420
7%
2018
$2,984
6%
$33,070
8%
2017
$2,805
6%
$30,550
2%
2016
$2,650
10%
$30,080
10%
2015
$2,417
-1%
$27,370
23%
2014
$2,433
8%
$22,230
10%
2013
$2,249
—
$20,120
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 21231 S 140th St
21231 S 140th Street, Chandler, AZ 85286 (MLS# 6938695) is a Single Family property with 5 bedrooms and 2 full bathrooms. 21231 S 140th Street is currently listed for $1,287,500 and was received on October 25, 2025. Want to learn more about 21231 S 140th Street? Do you have questions about finding other Single Family real estate for sale in Chandler? You can browse all Chandler real estate or contact a Coldwell Banker agent to request more information.

