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$467,500
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Property Description
This stunning, Fully Remodeled 3 bedroom, 2 bathroom offers modern comfort, stylish finishes, and a prime location PERFECT for those seeking turn-key living near DOWNTOWN GILBERT & Nestled in Lowe Estates neighborhood, known for its tree-lined streets, HOA-maintained common areas, and welcoming atmosphere, this home is an exceptional opportunity for families, professionals, or anyone seeking stylish, low-maintenance living in one of Gilbert's most desirable locations. Enjoy peace of mind with a Brand new roof, HVAC system under 5 years old, 2 car garage with a gorgeous freshly finished epoxy garage floor, a brand new garage door and opener which provides peace of mind and efficiency. Inside, you'll find a bright, open layout featuring new engineered hardwood flooring, brand new cabinetry throughout, quartz countertops in the kitchen including the large island, brand-new Frigidaire stainless steel appliances, all-new doors and hardware, Vaulted Ceilings & LED lighting. The Stunning Primary Suite boasts a beautifully tiled walk in shower with private window allowing natural light, a double vanity with elegant LED backlit mirrors giving a spa-like touch, and a lovely bidet. The secondary bathroom has it all, a Gorgeous tiled shower with backlit niche, a Soaking Tub, a New Vanity with Quartz Countertops topped with backlit mirrors, all new hardware, and fixtures throughout. The lovely laundry room includes a new washer and dryer, making this home truly turnkey which leads to the relaxing backyard. Step outside to a low-maintenance backyard complete with premium turf perfect, for relaxing or entertaining without the upkeep. Ideally located directly across from the community pool, great for family or friend gatherings this home offers convenient access to neighborhood amenities, while being just minutes from Downtown Gilbert, where you'll enjoy award-winning restaurants, shopping, entertainment, farmers markets, and year-round community events. THIS IS A MUST SEE!
Full Property Details
Full Property Details for 48 N Colonial Dr
General
- Sold For: $467,500
- HOA FEE: $115/month
- Taxes: $1,561 (2025)
- Status: Closed
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7058036
- Added to Site: 67 day(s) ago
Interior
- Interior Features: Double Vanity, Vaulted Ceiling(s), Bidet, Full Bth Master Bdrm
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning, Family Room
- Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage, Garage Door Opener, Direct Access
Location
- County: Maricopa
- Township: 1S
- Subdivision: Lowe Estates
- Cross Streets: Elliot/Lindsay
Community
- Association: Yes
- Assoc. Name: lowes estates
- Assoc. Fees Include: Maintenance Grounds, Front Yard Maint
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: Public
Structural Information
- Architectural Style: Other,
- Exterior Const.: Brick Veneer, Vertical Siding, Wood Frame, Block
- Roof: Composition
- Windows: Screens, Skylight(s)
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,474
- Lot Size Source: Assessor
- Frontage: Asphalt
- Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
- Fencing (Description): Block
Financial Considerations
- Association Fee: $115
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,561
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 304-13-054
- Range: 6E
- Section: 8
- Lot Number: 33
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Schools
Schools serving 48 N Colonial Dr
School District:Gilbert Unified District
| Name | Grades | Distance |
|---|---|---|
Sonoma Ranch Elementary School 601 North Key Biscayne Drive, Gilbert, AZ 85234 | PK-6 | 1.3 mi |
Gilbert High School 1101 East Elliot Road, Gilbert, AZ 85234 | 9-12 | 0.4 mi |
Greenfield Junior High School 101 South Greenfield Road, Gilbert, AZ 85296 | 7-8 | 1.9 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 48 N Colonial Dr
Date
Details
Price
Change
Source
9/01/2026
Sold
$467,500
-1.58%
MLS
7/31/2026
Price Reduced
$475,000
-2.06%
MLS
7/24/2026
Listed
$485,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
48 N Colonial Drive, Gilbert, AZ 85234 (MLS# 7058036) is a Townhouse property that was sold at $467,500 on September 01, 2026. Want to learn more about 48 N Colonial Drive? Do you have questions about finding other Townhouse real estate for sale in Gilbert? You can browse all Gilbert real estate or contact a Coldwell Banker agent to request more information.

