4278 E Lantern Place, Gilbert, AZ 85297 - Photo 1

1/1

$495,000

Sold
Closed
Single Family
3 Beds
2 Full Baths
0.18 Acres
3 Car Garage
Updated 18 hours ago

1/1

Property Description

Brand new AC! Located in the highly sought-after, award-winning community of Power Ranch in South Gilbert, this 3 bedroom + den, 2.5-bath home offers an exceptional opportunity to create your dream space in one of the East Valley's most desirable neighborhoods. The home features a functional split floor plan that provides both privacy and versatility for modern living. The home backs to a serene common area with view fencing, giving the backyard an open, peaceful feel. Enjoy a relaxing outdoor setting complete with a tranquil pond and a private putting green, perfect for quiet mornings or entertaining guests. This property presents a fantastic opportunity for buyers looking to personalize and update a home to their own taste. With a great layout, and an unbeatable location, the potential here is undeniable. Power Ranch residents enjoy access to top-rated amenities including pools, parks, trails, and community events, all within close proximity to shopping, dining, and top-rated Gilbert schools.

Full Property Details

Full Property Details for 4278 E Lantern Pl

General

Sold For: $495,000
HOA FEE: $134/month
HOA FEE FREQ.: Quarterly
Taxes: $2,117 (2025)
Status: Closed
Type: Single Family
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 7024907
Added to Site: 149 day(s) ago

Interior

Interior Features: Non-laminate Counter, High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Separate Shwr & Tub
Appliances: Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven
Flooring: Carpet, Laminate, Tile

Rooms

Bathrooms

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

Bedrooms

Total Bedrooms: 3

Other Rooms

Laundry: Inside

Parking

Garage: Yes
Garage Spaces: 3
Parking Features: Attached Garage, Direct Access

Location

County: Maricopa
Township: 2S
Subdivision: POWER RANCH NEIGHBORHOOD 1
Cross Streets: Queen Creek Rd & Ranch House Parkway

Community

Association: Yes
Assoc. Name: PRCA
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: Public

Structural Information

Builder: Standard Pacific
Exterior Const.: Stucco, Wood Frame, Painted
Roof: Tile
Windows: Dual Pane
Year Built: 2003

Lot Features

Lot Size (Acres): 0.18
Lot Size (Sq. Ft.): 8,043
Lot Size Source: Assessor
Frontage: Paved
Lot Features: Borders Common Area, North/South Exposure, Sprinklers In Front, Desert Front, Synthetic Grass Back, Auto Timer H2O Back
Fencing (Description): Block, Wrought Iron

Financial Considerations

Association Fee: $402
Assoc Fee Freq.: Quarterly
Tax Amount: $2,117
Tax Year: 2025
Terms: VA Loan, Cash, Conventional, FHA

Disclosures and Reports

Ownership: Fee Simple
Legal Description: LOT 102 POWER RANCH NEIGHBORHOOD 1 MCR 051811
Property ID: 313-02-464
Range: 6E
Section: 12
Lot Number: 102

Listed by Keller Williams Integrity First Realty
Sold by Realty ONE Group

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— 4278 E Lantern Pl —

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Schools

Schools serving 4278 E Lantern Pl

School District:Higley Unified District

Name	Grades	Distance
Power Ranch Elementary School 4351 South Ranch House Parkway, Gilbert, AZ 85297	K-6	0.3 mi
Sossaman Middle School 18655 E Jacaranda Blvd, Queen Creek, AZ 85142	7-8	1.2 mi
Higley High School 4068 East Pecos Road, Gilbert, AZ 85295	9-12	1.8 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4278 E Lantern Pl

Date

Details

Price

Change

Source

8/20/2026

Sold

$495,000

-2.94%

MLS

7/03/2026

Price Reduced

$510,000

-3.77%

MLS

5/07/2026

Listed

$530,000

—

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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4278 E Lantern Place, Gilbert, AZ 85297 (MLS# 7024907) is a Single Family property that was sold at $495,000 on August 20, 2026. Want to learn more about 4278 E Lantern Place? 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.

4278 E Lantern Pl Gilbert, AZ 85297