2907 E DERRINGER Way, Gilbert, AZ 85297 (MLS# 7050731)

2907 E DERRINGER Way, Gilbert, AZ 85297

$850,000

Property Type: Residential Bedrooms: 6 Baths: 4 Square Footage: 5,637 Lot Size (sq. ft.): 12,600 Status: Active

Current Price: $850,000 Last Modified: 7/07/2026

Overview

Description

Rare opportunity to restore a former model home in a highly desirable neighborhood! Originally designed with extensive builder upgrades, this spacious home offers 6 bedrooms, an office, loft, media room, and an oversized lot backing to a greenbelt. The property sustained flood damage and is being sold strictly as-is, creating an outstanding opportunity for investors or buyers looking to renovate, customize, and build equity. The as-is appraised value is $850,000, while renovated comparable homes in the area have sold for approximately $1.2 million, highlighting the property's exceptional potential. Bring your vision and transform this home into something truly special. Buyer to verify all facts and conduct their own due diligence.

Listing Details MLS# 7050731

Location, Tax & Legal

House Number: 2907
Compass: E
Street Name: DERRINGER
St Suffix: Way
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85297
Zip4: 2134
Country: US
County Code: Maricopa
Assessor Number: 304-53-396
Subdivision: HIGLEY MANOR PHASE 1 AND 2
Tax Year: 2025
Assessor's Map #: 53
Legal Description (Abbrev): LOT 25 HIGLEY MANOR PHASE 1 AND 2 MCR 110324
Assessor's Parcel #: 396
Tax Municipality: Gilbert
Taxes: 5029

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 6
Full Bathrooms: 3
Half Bathrooms: Yes
Total Bathrooms: 4
Approx SQFT: 5637
Price/SqFt: 150.79
Horses: N
Builder Name: Meritage
Year Built: 2012
Approx Lot SqFt: 12600
Approx Lot Acres: 0.289
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Higley Unified School District
High School District: Higley Unified School District
Elementary School: San Tan Elementary
Jr. High School: Sossaman Middle School
High School: Higley High School

Remarks Misc

Cross Street: Higley & Pecos

Legal Info

Township: 2S
Range: 6E
Section: 3
Lot Number: 25

Basement

Basement Y/N: N

More Information

Parking Spaces

Garage Spaces: 4
Total Covered Spaces: 4
Slab Parking Spaces: 0

Showing Notification Methods

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

Special Listing Cond

Pre-Foreclosure: Yes
Short Sale: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Tile: Yes

Pmt & Rate Info

Down Payment: 0
Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: No
HOA Transfer Fee: 400
HOA Fee: 90
HOA Paid Frequency: Monthly
HOA Name: Higley Manor
HOA Telephone: 602-437-4777
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 360
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2: 0
Cap Improvement/Impact Fee 2 $/%: $
Prepaid Association Fees HOA: 270
Disclosure Fees HOA: 400
Other Fees HOA: 100
Other Fees Description: new owner setup fee
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 90

Lockbox Type

None: Yes

Master Bathroom

Full Bth Master Bdrm: Yes
Separate Shwr & Tub: Yes
Double Vanity: Yes
Private Toilet Room: Yes

Dining Area

Formal: Yes
Eat-in Kitchen: Yes
Breakfast Bar: Yes

Heating

Electric: Yes

Kitchen Features

Dishwasher: Yes
Disposal: Yes
Kitchen Island: Yes
Built-in Microwave: Yes
Pantry: Yes
Walk-in Pantry: Yes
Electric Cooktop: Yes
Granite Counters: Yes

Cooling

Central Air: Yes

Interior Features

Fix-Up Needs Repair: Yes

Laundry

Washer Hookup: Yes
Inside: Yes

Other Rooms

Loft: Yes
Media Room: Yes

Separate Den/Office

Sep Den/Office Y/N: Y

Fencing

Block: Yes

Water Source

City Water: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes

New Financing

Cash: Yes
Conventional: Yes

Utilities

SRP: Yes

Existing 1st Loan

Conventional: Yes

Landscaping

Desert Front: Yes
Desert Back: Yes
Grass Front: Yes
Grass Back: Yes
Yrd Wtring Sys Front: Yes
Yrd Wtring Sys Back: Yes
Auto Timer H2O Front: Yes
Auto Timer H2O Back: Yes

Disclosures

None: Yes

Possession

By Agreement: Yes

Association Fee Incl

Common Area Maint: Yes

Assoc Rules/Info

Prof Managed: Yes

Property Features

Special Listing Cond: Short Sale; Pre-Foreclosure Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Spa: None Dining Area: Formal; Eat-in Kitchen; Breakfast Bar Kitchen Features: Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Pantry; Walk-in Pantry; Granite Counters; Kitchen Island Laundry: Washer Hookup; Inside Other Rooms: Loft; Media Room Interior Features: Fix-Up Needs Repair Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air Heating: Electric Utilities: SRP Water Source: City Water Sewer: Sewer - Public Fencing: Block Landscaping: Desert Front; Desert Back; Grass Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Possession: By Agreement Association Fee Incl: Common Area Maint Existing 1st Loan: Conventional New Financing: Cash; Conventional Disclosures: None

Listing Office: The Offer Company

Last Updated: July - 07 - 2026