1281 E Frances Lane, Gilbert, AZ 85295 - Photo 1

1/1

$356,000

Sold
Closed
Single Family
2 Beds
2 Full Baths
0.13 Acres
2 Car Garage
Updated 2 days ago

1/1

Property Description

Location, Livability & Investment Potential! Nestled in the heart of Gilbert, this charming 2 bedroom, 2 bathroom home is an incredible opportunity for first-time buyers or savvy investors. With its prime location just minutes from SanTan Village, Loop 202, shopping, dining, and top-rated schools, this home offers unbeatable convenience and lifestyle perks. Step inside to find a bright, open layout with stylish wood floors, vaulted ceilings, and a cozy double-sided fireplace that warms both the living and dining spaces. The spacious kitchen is complete with stainless steel appliances, granite counters, and rich cabinetry'â‚¬"perfect for cooking or entertaining. Upstairs, enjoy an abundance of natural light and direct access to a private balcony ideal for morning coffee or evening relaxation. The generously sized backyard is a blank canvas with endless potential plenty of space to build your dream outdoor retreat. Whether you're looking to settle into your first home or expand your rental portfolio, this home checks all the boxes: location, layout, and long-term value. Don't miss your chance to own in one of Gilbert's most desirable neighborhoods! This one won't last!

Full Property Details

Full Property Details for 1281 E Frances Ln

General

Sold For: $356,000
HOA FEE: $96/month
HOA FEE FREQ.: Quarterly
Taxes: $1,363 (2024)
Status: Closed
Type: Single Family
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6930362
Added to Site: 145 day(s) ago

Interior

Interior Features: Double Vanity, Upstairs, Eat-in Kitchen, Full Bth Master Bdrm, Separate Shwr & Tub
Fireplace: Yes
Number of Fireplaces: 1
Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Gas Range, Gas Oven

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 2

Parking

Garage: Yes
Garage Spaces: 2

Location

County: Maricopa
Township: 1S
Subdivision: SPECTRUM AT VAL VISTA
Cross Streets: Val Vista & Pecos

Community

Association: Yes
Assoc. Name: Villa Lante
Assoc. Fees Include: No Fees

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Natural Gas

Utilities

Water: City Water

Structural Information

Builder: UNK
Exterior Const.: Stucco, Block
Roof: Tile
Sq. Ft. Source: Assessor
Year Built: 2004

Lot Features

Lot Size (Acres): 0.13
Lot Size (Sq. Ft.): 5,750
Lot Size Source: Assessor
Lot Features: Desert Front, Dirt Back
Fencing (Description): Block

Financial Considerations

Association Fee: $287
Assoc Fee Freq.: Quarterly
Tax Amount: $1,363
Tax Year: 2024
Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan

Disclosures and Reports

Ownership: Fee Simple
Property ID: 304-46-124
Lot Number: 103

Listed by The Ave Collective
Sold by LPT Realty, LLC

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— 1281 E Frances Ln —

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Schools

Schools serving 1281 E Frances Ln

School District:Gilbert Unified District

Name	Grades	Distance
Spectrum Elementary School 2846 Spectrum Way, Gilbert, AZ 85295	PK-6	0.5 mi
Campo Verde High School 3870 South Quartz Street, Gilbert, AZ 85297	9-12	0.9 mi
South Valley Jr. High School 2034 South Lindsay Road, Gilbert, AZ 85295	7-8	1.5 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 1281 E Frances Ln

Date

Details

Price

Change

Source

2/27/2026

Sold

$360,000

-1.61%

MLS

1/15/2026

Price Reduced

$365,900

-4.96%

MLS

12/03/2025

Price Reduced

$385,000

-4.94%

MLS

11/10/2025

Price Reduced

$405,000

-5.13%

MLS

10/23/2025

Price Reduced

$426,900

-4.92%

MLS

10/07/2025

Listed

$449,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1281 E Frances Lane, Gilbert, AZ 85295 (MLS# 6930362) is a Single Family property that was sold at $356,000 on February 27, 2026. Want to learn more about 1281 E Frances Lane? Do you have questions about finding other Single Family real estate for sale in Gilbert? You can browse all Gilbert real estate or contact a Coldwell Banker agent to request more information.

1281 E Frances Ln Gilbert, AZ 85295