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$530,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 0.18 Acres
  • 3 Car Garage
  • Updated 7 hours ago

Next open house:

Open House: 11:00 AM - 2:00 PM

Saturday 5/9 11:00 AM - 2:00 PM

4278 E Lantern Place,Gilbert, AZ 85297

4278 E Lantern PlaceGilbertAZ85297

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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 for 4278 E Lantern Pl

General

  • Price: $530,000
  • HOA FEE: $134/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $2,117 (2025)
  • Status: Active
  • Type: Single Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7024907
  • Updated: 5/7/2026
  • Added to Site: Today

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: City Water

Structural Information

  • Builder: Standard Pacific
  • Exterior Const.: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Windows: Dual Pane
  • Sq. Ft. Source: Assessor
  • 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

Financial Considerations

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

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

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— 4278 E Lantern Pl —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 4278 E Lantern Pl

School District:Higley Unified District
NameGradesDistance
Power Ranch Elementary School
4351 South Ranch House Parkway, Gilbert, AZ 85297
K-60.3 mi
Sossaman Middle School
18655 E Jacaranda Blvd, Queen Creek, AZ 85142
7-81.2 mi
Higley High School
4068 East Pecos Road, Gilbert, AZ 85295
9-121.8 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/07/2026
Listed
$530,000
48.46%
MLS
6/17/2019
Sold
$357,000
—
Public Record
Get Price Alerts and Save Property
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 for 4278 E Lantern Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,117
—
$28,597
-43%
2025
$2,117
-7%
$50,280
1%
2023
$2,270
5%
$50,000
17%
2022
$2,169
—
$42,720
31%
2022
$2,169
-3%
$32,670
8%
2021
$2,235
-2%
$30,270
8%
2020
$2,279
3%
$28,130
10%
2019
$2,206
4%
$25,530
6%
2018
$2,128
4%
$24,120
8%
2017
$2,051
-2%
$22,300
—
2016
$2,088
17%
$22,250
—
2015
$1,785
1%
$22,180
27%
2014
$1,767
3%
$17,480
15%
2013
$1,708
—
$15,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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4278 E Lantern Place, Gilbert, AZ 85297 (MLS# 7024907) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4278 E Lantern Place is currently listed for $530,000 and was received on May 07, 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.

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