Back 246 E Frances Ln
Off Market

246 E Frances Ln

Gilbert AZ 85295

5
4
3
4093 sq. ft.
10200 sq. ft.
Single-Family
Last sold for $825,000
Mychelle MortensonMychelle Mortenson, last sold this property on 19 February 2026 after 126 days on market.

Overview

Welcome to 246 E Frances Lane, located in the highly desirable Allen Ranch community of Gilbert, where you'll find large estate-style lots, tree-lined streets, and a strong sense of community. This spacious property offers 5 bedrooms with brand new carpet, plus a den and HUGE loft, including a downstairs primary suite with direct backyard access, blending comfort and functionality. The kitchen features granite countertops, a gas cooktop, wall oven, and a large island, making it ideal for gatherings. Step outside to enjoy your private backyard oasis with a sparkling pool, spa and extended covered patio, perfect for Arizona sunsets. This community gives you top-rated schools, easy access to the 202 San Tan Freeway, and close proximity to SanTan Village and Gilbert Crossroads Towne Center, offering premier shopping, dining, and entertainment. Outdoor enthusiasts will love the abundance of nearby parks, golf courses, and recreational opportunities, including Topgolf and Freestone Park. This dream home in one of Gilbert's most sought-after neighborhoods may be closer than you think! This home is ready to welcome your next chapter. Don't miss it!

Features

5 bedrooms
4 bathrooms
3 carspaces
3 open car spaces
3 garage spaces
4093 sq. ft. floor area
10200 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Gilbert over the last 12 months, the estimated median property value of 246 E Frances Ln is $780k.

Median value
$780k
Estimated value range
$480k - $5m
Median days on market
65
Estimated value trend
0%
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 246 E Frances Ln

2026
Sold
$825,000
19 Feb 2026 by Mychelle Mortenson, of Real Broker AZ, LLC
2018
Sold
$480,000
07 Jun 2018 by Mike Schude, of Revelation Real Estate
2018
Sold
$480,000
07 Jun 2018 by Mike Schude, of Revelation Real Estate

Happy sellers in Gilbert

82%
82% 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 10 reviews in Gilbert over the last 12 months.

Local market activity for 5 bedroom single-family properties in Gilbert

In the last 12 months, 65 five-bedroom single-family properties similar to 246 E Frances Ln, have been sold.

This represents a 26% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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