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$825,000 Sale Pending
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Property Description
Welcome to 246 E Frances Lane, located in the highly desirable Allen Ranch community of Gilbert, where you'll find large estate-style lots, tree-lined streets, and a strong sense of community. This spacious property offers 5 bedrooms with brand new carpet, plus a den and HUGE loft, including a downstairs primary suite with direct backyard access, blending comfort and functionality. The kitchen features granite countertops, a gas cooktop, wall oven, and a large island, making it ideal for gatherings. Step outside to enjoy your private backyard oasis with a sparkling pool, spa and extended covered patio, perfect for Arizona sunsets. This community gives you top-rated schools, easy access to the 202 San Tan Freeway, and close proximity to SanTan Village and Gilbert Crossroads Towne Center, offering premier shopping, dining, and entertainment. Outdoor enthusiasts will love the abundance of nearby parks, golf courses, and recreational opportunities, including Topgolf and Freestone Park. This dream home in one of Gilbert's most sought-after neighborhoods may be closer than you think! This home is ready to welcome your next chapter. Don't miss it!
Full Property Details
Full Property Details for 246 E Frances Ln
General
- Price: $825,000
- HOA FEE: $117/month
- Taxes: $3,802 (2024)
- Status: Pending
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6926233
- Updated: 1/15/2026
- Added to Site: 92 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Gas Cooktop
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Wshr/Dry HookUp Only
Additional Information
- Pool: Yes
- Pool Description: Play Pool, Heated
Exterior
- Exterior Features: Misting System
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: RV Gate, Garage Door Opener, Attch'd Gar Cabinets
Location
- County: Maricopa
- Township: 1S
- Subdivision: ALLEN RANCH PARCELS 1 2 3 & 4
- Cross Streets: Gilbert/Pecos
Community
- Association: Yes
- Assoc. Name: Allen Ranch HOA
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Natural Gas
Utilities
- Water: City Water
Structural Information
- Architectural Style: Contemporary,
- Builder: Centex
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Windows: Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 2003
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,200
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
Financial Considerations
- Association Fee: $117
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,802
- Tax Year: 2024
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 342 ALLEN RANCH PARCELS 1 2 3 & 4 MCR 050616
- Property ID: 304-44-629
- Range: 6E
- Section: 31
- Lot Number: 342
Listed by Real Broker
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Schools
Schools serving 246 E Frances Ln
School District:Gilbert Unified District
| Name | Grades | Distance |
|---|---|---|
Quartz Hill Elementary School 3680 South Quartz Street, Gilbert, AZ 85297 | PK-6 | 1.5 mi |
South Valley Jr. High School 2034 South Lindsay Road, Gilbert, AZ 85295 | 7-8 | 1.5 mi |
Campo Verde High School 3870 South Quartz Street, Gilbert, AZ 85297 | 9-12 | 1.6 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 246 E Frances Ln
Date
Details
Price
Change
Source
11/15/2025
Price Reduced
$825,000
-2.94%
MLS
10/16/2025
Listed
$850,000
77.08%
MLS
6/05/2018
Sold
$480,000
—
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 246 E Frances Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,965
4%
$73,400
7%
2024
$3,802
3%
$68,420
-8%
2022
$3,695
—
$74,150
21%
2022
$3,695
—
$61,500
31%
2022
$3,695
-4%
$47,060
4%
2021
$3,842
2%
$45,080
6%
2020
$3,775
9%
$42,580
4%
2019
$3,462
3%
$41,100
2%
2018
$3,357
4%
$40,260
1%
2017
$3,229
-3%
$39,710
-1%
2016
$3,329
11%
$39,920
2%
2015
$2,993
-4%
$38,960
28%
2014
$3,105
11%
$30,530
16%
2013
$2,791
—
$26,430
—
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
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Home Warranty : Included
246 E Frances Lane, Gilbert, AZ 85295 (MLS# 6926233) is a Single Family property with 5 bedrooms and 3 full bathrooms. 246 E Frances Lane is currently listed for $825,000 and was received on October 16, 2025. Want to learn more about 246 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.

