21425 S 156TH Street -, Gilbert, AZ 85298 (MLS# 7032983)

21425 S 156TH Street -, Gilbert, AZ 85298

New Listing

$2,400,000

Property Type: Land Lot Size (sq. ft.): 125,396 Status: Active

Current Price: $2,400,000 List Date: 5/25/2026 Last Modified: 5/25/2026

Overview

Description

Tucked away in one of Gilbert's sought-after home pockets, this rare 2.8-acre opportunity offers the flexibility and freedom that's nearly impossible to find. Already split into two parcels (1.14 acres and 1.73 acres), the property gives buyers the option to build two custom homes, create a private multi-generational setup, or design one incredible estate with room to spare. Located on a county island with no HOA, this blank canvas is surrounded by beautiful custom homes and endless possibilities. Included in the sale is an impressive 3,600 sqft RV garage/storage building complete with power and water--perfect for RVs, toys, a workshop, car collection, business storage, or future guest space. This property delivers a unique blend of privacy, space, and opportunity in the heart of Gilbert.

Listing Details MLS# 7032983

Location, Tax & Legal

House Number: 21425
Compass: S
Street Name: 156TH
St Suffix: Street
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85298
Zip4: 9336
Country: US
County Code: Maricopa
Assessor Number: 304-71-049-C
Tax Year: 2025
Lot #: -
Assessor's Map #: 71
Legal Description (Abbrev): N2 SW4 NW4 SE4 SEC 16
Assessor's Parcel #: 49
Assessor Parcel Ltr: C
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 815900
Taxes: 13480

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 2.88
Apx Total Acres G/N: G
Price Per Acre: 833333.33
# Lots in Listing: 2
Apx SqFt: 125396
Price Per SqFt: 19.14
Apx SqFt G/N: G
Lot Size Dimensions: 401x333x301x333
Horses: Y
Zoning: 03-01
Flood Zone: No
Elementary School District: Chandler Unified District #80
High School District: Chandler Unified District #80
Elementary School: Weinberg Gifted Academy
Jr. High School: Willie & Coy Payne Jr. High
High School: Perry High School

Remarks Misc

Cross Street: Ocotillo & Val Vista
Directions: South on Val Vista, east on Appleby, south on S 156th St to gated property on the left.

Legal Info

Township: 2S
Range: 6E
Section: 16
Lot Number: -

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Phone Call: Yes

More Information

Special Listing Cond

N/A: Yes

Pmt & Rate Info

Equity: 2400000
Total Owed: 0

Assoc/Prop Info

HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0

Lockbox Type

See Private Remarks: Yes
None: Yes

Existing Land Use

Residential Lot: Yes
Residential Acreage: Yes

Zoned Presently

Single Family: Yes

Potential Use

Single Family: Yes
Ranch: Yes

Parcel Size

2.50 - 4.99 Acres: Yes

Current Density

00 - 01 Units P/Acre: Yes

Proposed Density

02 - 05 Units P/Acre: Yes

Development Status

Other: Yes
See Remarks: Yes

Land Configuration

Square Rectangular: Yes
Irregular Shape: Yes
Interior: Yes

Road Access Type

Easement: Yes

Road Responsibility

Road Maintenance Agreement: Yes

Fencing

Chain Link: Yes
Partial: Yes

Water Source

City Franchise: Yes

Sewer

Septic Tank: Yes
No Sewer/Septic: Yes

Electric

SRP: Yes

Topography

Level: Yes

Gas

None: Yes

Existing Structures

Workshop: Yes
Garage(s): Yes
Stable(s): Yes
Corral(s): Yes

Irrigation

Flood: Yes

Distance to Cable

Under 350 Feet: Yes

New Financing

Cash: Yes
Conventional: Yes
Seller Approve Terms: Yes
Owner May Carry: Yes

Distance to Phone

Under 350 Feet: Yes

Distance to Water

On Property: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Distance to Electric

On Property: Yes

Distance to Gas

None: Yes

Distance to Sewer

None: Yes

Horse Features

Corral(s): Yes
Stall: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot; Residential Acreage Zoned Presently: Single Family Potential Use: Single Family; Ranch Parcel Size: 2.50 - 4.99 Acres Current Density: 00 - 01 Units P/Acre Proposed Density: 02 - 05 Units P/Acre Development Status: Other; See Remarks Land Configuration: Square Rectangular; Irregular Shape; Interior Road Access Type: Easement Road Responsibility: Road Maintenance Agreement Topography: Level Existing Structures: Workshop; Garage(s); Stable(s); Corral(s) Water Source: City Franchise Irrigation: Flood Sewer: Septic Tank; No Sewer/Septic Electric: SRP Gas: None Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; Seller Approve Terms; Owner May Carry Environmental: None Horse Features: Corral(s); Stall Showing Notification Methods: Text; Phone Call Lockbox Type: See Private Remarks; None Fencing: Chain Link; Partial

Listing Office: Realty ONE Group

Last Updated: May - 25 - 2026