4238 E Rainbow Drive, Gilbert, AZ 85297
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
Listed by: cristina a pulido, shannon gillette
Office: real broker
MLS#:7046893
Source:ARMLS
Price summary
- Price:$610,000
- Price per sq. ft.:$242.06
- Monthly HOA dues:$134
About this home
This stunning 5-bedroom, 3-bathroom corner lot home is nestled in the highly sought-after Power Ranch community in Gilbert! Thoughtfully designed and move-in ready, this home offers the perfect blend of comfort, style, and resort-style living.
The exterior was painted in 2023, adding to the home's beautiful curb appeal from the moment you arrive. Step inside and you'll immediately feel the space and warmth this home has to offer, with a functional layout ideal for everyday living and entertaining. A full bedroom and bathroom on the main level provides flexibility for guests, a home office, or a private space for extended family.
The real showstopper is the backyard. Designed for those who love to entertain and unwind, this resort-style outdoor oasis features a sparkling Pebble-Tec pool with a heater, brand-new turf, an extended covered patio perfect for outdoor dining, a built-in BBQ, and mature citrus trees that add beauty and charm year-round. The desirable north/south exposure helps keep the outdoor space comfortable and enjoyable.
The home also comes with a transferable home warranty good through May 2027, which includes pool and HVAC maintenance for added peace of mind.
As a Power Ranch resident, you'll enjoy access to two resort-style pools, two clubhouses, over 26 miles of scenic trails, catch-and-release fishing lakes, 25 pocket parks, basketball, volleyball, soccer and baseball fields, plus a packed community events calendar featuring farmers markets, movie nights, food truck events, and holiday celebrations. Top-rated Higley Unified School District schools are located right within the community, with easy access to SanTan Village, Loop 202, and Gilbert Gateway Towne Center.
This one truly has it all!...
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Home facts
- Year built:2003
- Listing ID #:7046893
- Updated:June 29, 2026 at 10:25 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Flooring:Carpet, Tile, Wood
- Living area:2,520 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Natural Gas
- Central air:Yes
Structure and exterior
- Year built:2003
- Building area:2,520 sq. ft.
- Lot area:0.18 Acres
- Lot Features:Corner, Gravel/Stone Back, Gravel/Stone Front, North/South Exposure, Synthetic Grass Back
- Construction Materials:Painted, Stucco
- Exterior Features:Balcony, Built-in Barbecue
Schools
- High school:Higley High School
- Middle school:Sossaman Middle School
- Elementary school:Power Ranch Elementary
Utilities
- Water:City Water
Finances and disclosures
- Price:$610,000
- Price per sq. ft.:$242.06
- Tax amount:$2,042 (2025)
Features and amenities
- Laundry features:Washer/Dryer Hook-up Only
- Pool features:Play Pool
Parking
- Parking description:Attached Garage Cabinets, Tandem Garage, Temperature Controlled
- Garage:Yes
- Garage spaces:3
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