Tour
$8,608 Closing Credit¹
#6856500, Brian Fleming, Listing Office: Elite Square Feet, LLC
#6869834·
Listing office: Compass·
Listing agent: Elizabeth H Muehlhausen·
Listing office phone: 480-776-1555
$739,990 List price
4507 E Lantern Pl Gilbert, AZ 85297
$8,787
Closing credit¹
5 beds
3 baths
3,353 sqft
0.2 acres
$221 / sqft
House
Property details
About 4507 E Lantern Pl
Your dream home awaits in the award-winning Power Ranch community! From the moment you pull up, your greeted with exquisite stone accents, 3 car garage and an extended driveway. Step inside and you're greeted by a dramatic entryway, elegant flooring and fresh interior paint. Features a spacious loft, full bedroom downstairs next to a renovated bath, 2 large family rooms, AND the primary retreat has a separate space that can be used for a home office, gym or you decide! Large chef kitchen with center island, plus oversized breakfast bar, and a separate dining space with two pantries. Situated on an oversized lot with no neighbors directly behind, the backyard is a true retreat—featuring a sparkling heated pool, relaxing spa, large grassy play area, and a covered patio ideal for... Arizona outdoor living. Upstairs features a smart split layout with a versatile loft, three bedrooms with new carpet, a full bath on one side, and a luxurious primary suite on the other. The oversized primary includes a spa-like bath with dual sinks, separate shower, and relaxing soaking tub. Large laundry room offers extra storage. This home checks every boxcome see it today! Power Ranch is home to 2 elementary schools, 2 heated community pools, lush greenbelts, miles of walking trails, catch and release lakes, soccer fields, parks, basketball courts, and a clubhouse. Welcome home!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size3,353 sqft
Lot size0.23 Acres
Year built2003
ParkingGarage Door Opener
MLS #6869834
Garage3 spaces
Private poolYes
Summary
- Flooring Type: Carpet, Laminate, Tile
- Interior: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Laminate Counters
- Fireplace: None
- Total Bedroom Count: 5
- Garage Space: 3 spaces
- Private Pool: Yes
- Parking: Garage Door Opener
- Exterior: Balcony
- Architectural Style: Santa Barbara/Tuscan
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $739,990
- Price/SqFt: $220
- HOA Amount: $348 Quarterly
- Annual Tax Amount: $2,982
- Tax Year: 2024
- Lot: Desert Front
- Directions: From Germann, south on Ranch House Pkwy, east on Branded, north on Desperado, west on Lantern.
- Year Built: 2003
- Stories: 2
- Living Area: 3,353 SqFt
- Lot Size: 0.23 Acres
- MLS Number: 6869834
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Compass
- Office Phone: (480) 776-1555
- Office Email: lexie@azhomes.com
- Listing Agent: Elizabeth H Muehlhausen
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/24/2025, 1:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$739,990
4507 E Lantern Pl
$8,787
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 24, 2004 | Home Sold | $246,950 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $62,880 | $2,982 |
| 2023 | $53,610 | $2,850 |
| 2022 | $39,150 | $2,936 |
| 2020 | $34,760 | $2,993 |
| 2019 | $32,110 | $2,796 |
| 2017 | $30,410 | $2,694 |
History based on county public records data.
Nearby schools
7
Power Ranch Elementary School
Public District KG-6
0.4 mi
•4351 S Ranch House Pkwy
9
Cortina Elementary School
Public District KG-6
0.9 mi
•19680 S 188th St
10
Bridges Elementary School
Public District KG-6
1.1 mi
•5205 S Soboba St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $107,500. Residents of Gilbert, AZ typically earn between $100k-200k each year. The majority of families are married, with kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
17%
<35k
30%
35k-100k
39%
100k-200k
14%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
7%
Single, No Kids
8%
Single, with Kids
23%
Married, No Kids
62%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
30%
<11 yrs old
14%
12-17 yrs old
13%
18-34 yrs old
41%
35-64 yrs old
2%
65+ yrs old
What do the neighbors do for fun?
Soccer
Symphony or Opera
Tennis
Where do the neighbors shop?
The Container Store
Chico's
Brooks Brothers
Where do the neighbors go to eat?
Starbucks
Boston Market
Qdoba
What do the neighbors drive?
BMW
Volvo
Acura
What do the neighbors listen to?
Alternative
Talk/Personality
Sports
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4507 E Lantern Pl
The listing price of 4507 E Lantern Pl property is $739,990.
The property 4507 E Lantern Pl is a house located in Gilbert, Arizona, 85297.
Active Listing: 4507 E Lantern Pl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4507 E Lantern Pl are: Power Ranch Elementary School (GreatSchools Rating 7/10), Cortina Elementary School (GreatSchools Rating 9/10), Bridges Elementary School (GreatSchools Rating 10/10), Sossaman Middle School (GreatSchools Rating 9/10), Legacy Traditional School Gilbert (GreatSchools Rating 9/10), Asu Preparatory Academy-Polytechnic Middle School (GreatSchools Rating 8/10), Benjamin Franklin High School (GreatSchools Rating 8/10), Higley High School (GreatSchools Rating 9/10), Heritage Academy Queen Creek (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $2,982 (source: MLS/based on county public records data).
The last sale was on March 24, 2004 for $246,950 (source: MLS/tax record).
The property at 4507 E Lantern Pl has 5 bedrooms and 3 bathrooms.
The property 4507 E Lantern Pl is 3,353 SqFt (source: MLS/tax record).
The year of construction for 4507 E Lantern Pl is 2003.
This home is located at 4507 E Lantern Pl in Gilbert, AZ and zip code 85297 in the Power Ranch neighborhood. This 3,353 square foot home, which was built in 2003, sits on a 0.23 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $739,990.
In April 2025 more than 42 listings in Gilbert, AZ were sold above the asking price. During the same period more than 59 listings were sold at asking price, while more than 174 were sold below. The number of homes for sale in Gilbert, AZ increased by 8.9% between March and April 2025. The median list price of listings available in April 2025 was $584,388, while the average time on the real estate market was 52 days.
From Rocket Homes Real Estate and based on county public records data.