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$610,000 Just Listed
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Property Description
A rare basement home in an ideal location, quietly tucked into a welcoming community yet just minutes from top schools, shopping & restaurants. This beautifully updated home offers just under 2,600 sqft w/ 4 bedrooms, 2.5 baths & a rare basement designed for real living. The basement is a true standout, featuring a dedicated theater space, bonus living area, bedroom, and bath, perfect for movie nights, guests, or multi-use living. Upstairs, a functional open layout, & a kitchen w/ granite countertops, breakfast bar & bright dining area w/ glass sliding door leading to the backyard. The spacious primary suite includes a large walk-in closet & a well-appointed bath w/ dual sinks & separate tub. Recent upgrades include custom paneling throughout & new AC unit for added comfort & efficiency... Outside, enjoy fruit trees & a low-maintenance yard w/ new turf, ideal for easy Arizona living. The community offers a pool, parks, & sports courts, creating a neighborhood feel while remaining peaceful & mature landscaping. This home blends space, flexibility, & lifestyle in a setting that's hard to find and just right.
Full Property Details
Full Property Details for 4052 E Milky Way
General
- Price: $610,000
- HOA FEE: $126/month
- Taxes: $1,761 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6987226
- Updated: Today (2/20/2026)
- Added to Site: Today
Interior
- Interior Features: Non-laminate Counter, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Appliances: Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Oven
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Wshr/Dry HookUp Only
Additional Information
- Security/Safety: Security System Owned
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage, Garage Door Opener, Direct Access
Location
- County: Maricopa
- Township: 1S
- Subdivision: WILLOWS
- Cross Streets: Ray Rd. & Recker Rd
Community
- Association: Yes
- Assoc. Name: Metro Property Servi
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Territorial/Santa Fe,
- Builder: K. Hovnanian Homes
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Windows: Dual Pane
- Sq. Ft. Source: Appraiser
- Year Built: 2008
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,175
- Lot Size Source: Assessor
- Frontage: Paved
- Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Synthetic Grass Back
Green Features
- Energy Efficient: Multi-Zones
Financial Considerations
- Association Fee: $126
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,761
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 5 WILLOWS MCR
- Property ID: 304-43-328
- Range: 6E
- Section: 25
- Lot Number: 5
Listed by Real Broker
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Schools
Schools serving 4052 E Milky Way
School District:Higley Unified District
| Name | Grades | Distance |
|---|---|---|
Gateway Pointe Elementary School 2069 South Delatorre Drive, Gilbert, AZ 85295 | K-6 | 0.5 mi |
Williams Field High School 2076 S. Higley Road, Gilbert, AZ 85236 | 9-12 | 1.1 mi |
Cooley Middle School 1100 South Recker Road, Gilbert, AZ 85296 | 7-8 | 1.2 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 4052 E Milky Way
Date
Details
Price
Change
Source
2/20/2026
Listed
$610,000
144%
MLS
1/23/2014
Sold
$250,000
—
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 4052 E Milky Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,761
-7%
$40,150
4%
2024
$1,890
—
$38,730
-3%
2023
$1,889
5%
$39,830
13%
2022
$1,806
—
$35,380
36%
2022
$1,806
-3%
$26,030
8%
2021
$1,857
1%
$24,020
18%
2019
$1,831
-3%
$20,300
-11%
2020
$1,891
7%
$22,870
20%
2018
$1,765
4%
$19,010
6%
2017
$1,703
-25%
$17,960
3%
2016
$2,282
31%
$17,510
2%
2015
$1,746
20%
$17,230
21%
2014
$1,454
-11%
$14,220
14%
2013
$1,630
—
$12,470
—
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 4052 E Milky Way
4052 E Milky Way, Gilbert, AZ 85295 (MLS# 6987226) is a Single Family property with 4 bedrooms and 3 full bathrooms. 4052 E Milky Way is currently listed for $610,000 and was received on February 20, 2026. Want to learn more about 4052 E Milky Way? 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.

