Back 218 N Palm St
Off Market

218 N Palm St

Gilbert AZ 85234

4
3
4
2175 sq. ft.
8329 sq. ft.
Single-Family
Last sold for $760,000
Frank GerolaFrank Gerola, last sold this property on 17 October 2025 after 136 days on market.

Overview

Truly One of a Kind in the Heart of Historic Downtown Gilbert. This is not just another home it's a rare opportunity to own a piece of history with all the luxuries of modern living. First, this is the largest single level home in the entire Heritage District, offering nearly 2,200 sq. ft. of fully remodeled living space something you simply won't find anywhere else downtown. Second, while most homes in this neighborhood were built in the 1960s, this residence was constructed in 2016, giving you the best of both worlds: the character and charm of Historic Gilbert with the comfort and efficiency of newer construction. Third, the property sits on the most iconic tree lined residential street in Downtown Gilbert, where neighbors stroll beneath a canopy of mature shade trees and enjoy breathtaking views of the town's landmark Gilbert Water Tower. It doesn't get more "Gilbert" than this. Inside, the home impresses with soaring vaulted ceilings, custom trim work, elegant plantation shutters, and a show stopping chef's kitchen featuring waterfall quartz countertops, designer lighting, abundant cabinetry, and premium stainless steel appliances. The thoughtful split floor plan includes 4 spacious bedrooms, 3 bathrooms, and a private primary suite with spa like ensuite and patio access. While many homes in the Heritage District have limited outdoor space, this property offers a deep backyard with endless possibilities. There's more than enough room to add a future pool, detached guest studio, or home office. You could create a custom outdoor kitchen, a fire pit lounge, a sport court, or even a garden retreat the kind of space that gives you flexibility for years to come. The exterior is already designed for easy living with year round green turf front and back no mowing, no watering. Plus, owned solar panels bring sustainability and impressive energy savings. An oversized single car garage with cabinetry, workbench, and ample additional parking round out the functionality. Set in a no HOA neighborhood just 125 steps from award winning dining, shopping, and entertainment, this home combines historic charm, modern upgrades, and an unmatched location making it truly one of a kind in Downtown Gilbert. Homes like this simply do not come available often.

Features

4 bedrooms
3 bathrooms
4 carspaces
4 open car spaces
1 garage space
2175 sq. ft. floor area
8329 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Gilbert over the last 12 months, the estimated median property value of 218 N Palm St is $603k.

Median value
$603k
Estimated value range
$340k - $2.25m
Median days on market
45
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Gilbert. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 218 N Palm St

2025
Sold
$760,000
17 Oct 2025 by Frank Gerola, of Venture REI, LLC
2021
Sold
$585,000
01 Feb 2021 by Frank Gerola, of Venture REI, LLC
2016
Sold
$358,000
31 Oct 2016 by Frank Gerola, of Show Appeal Realty

Happy sellers in Gilbert

72%
72% of sellers in Gilbert reported that their sale price either exceeded or met their price expectations.

Gilbert stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Gilbert over the last 12 months.

Local market activity for 4 bedroom single-family properties in Gilbert

In the last 12 months, 217 four-bedroom single-family properties similar to 218 N Palm St, have been sold.

This represents a 3% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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