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1480 E RAVEN Court, Gilbert, AZ, 85297

6beds
9baths
11,008sqft
$4,999,998
$454price/sqft
$29,425/moest. monthly cost
$1,177,000/yrincome needed

About This Home

WINNER of the 2026 ICF Builder award! This incredible custom home on a cul-de-sac in Gilbert offers over 10,000sf of luxury living space in the main home plus a 899sf casita featuring six bedrooms and nine bathrooms. Thoughtfully designed with every detail in mind, this property has a theater room, game room, and multiple flex spaces to cater to any lifestyle. The property includes a detached Casita, a sparkling pool, and was built with ICF blocks, ensuring exceptional energy efficiency..... This incredible custom home on a cul-de-sac in Gilbert offers nearly 8,000 square feet of luxury living space, featuring six bedrooms and nine bathrooms. Thoughtfully designed with every detail in mind, this property has a theater room, game room, and multiple flex spaces to cater to any lifestyle. The property includes a detached Casita, a sparkling pool, and was built with ICF blocks, ensuring exceptional energy efficiency. As you approach through the custom gates, you're welcomed by a circular paver driveway, setting a grand tone. The entertainer's kitchen boasts dual walk-in pantries, marble and quartz slab countertops, three sinks, a 48-inch Wolf range with double ovens, two dishwashers, a Sub-Zero fridge and freezer, a Scotsman ice maker, and beverage fridge. This open-concept kitchen flows into the family room, overlooking the stunning pool. Enjoy the latest in smart home technology with Control4 integration for the doorbell, garage, thermostats, and more. Each bathroom is adorned with high-end faucets, hardware w/ marble and quartz finishes. All bedrooms feature en-suite bathrooms with soaking tubs and luxurious finishes throughout. Outside, a heated pool with a rainfall feature, suspended lounge beds, and a built-in BBQ complete this impressive backyard. This property also includes a six-car garage, an elevator, an exercise room, and ample space for any family size.

Getting Around

10
WalkingCar-Dependent
0
TransitNo Nearby Transit
52
BikeBikeable

Schools

8/10
10/10
Perry High SchoolGrades 8-120.8 mi

Construction

Condition

  • Year built: 2024

Materials

  • Roof: Tile
  • Construction materials: Stucco,Wood Frame,Painted

Other

  • Builder name: Monarch Property Development

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Built-in Microwave,Dishwasher,Disposal,Gas Range,Gas Oven

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 9
  • Full bathrooms: 9

Features

  • Pantry,Double Vanity,Eat-in Kitchen,Elevator,Full Bth Master Bdrm,Separate Shwr & Tub
  • Number of fireplaces: 3
  • Fireplace features: Exterior Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 11,008
  • Total interior livable area: 11,008 sqft

Property

Details

  • Parcel number: 30457907

Features

  • Stories: 2
  • Private pool: Yes
  • Pool features: Play Pool
  • Exterior features: Balcony,Built-in Barbecue
  • Has spa: Yes
  • Spa features: Private
  • Fencing: Block

Lot

  • Lot size: 0.58 Acres
  • Features: North/South Exposure,Sprinklers In Rear,Sprinklers In Front,Cul-De-Sac

Parking

  • Total spaces: 12
  • Parking features: Garage Door Opener,Extended Length Garage,Circular Driveway
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $25,282$303,384
Home Insurance $1,145$13,740
Property Taxes $1,833$21,996
Electricity $1,165$13,988
Total$29,425$353,100

Income You'd Need if You Spent...

35% on housing$1,008,857/yr
40% on housing$882,750/yr
45% on housing$784,666/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$454This listing

vs Other Active Listings

Avg $/sqft

ZIP 85297$285
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85297$261
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-11-05Price change$4,999,998
2024-11-14Listed for sale$5,499,900
2024-05-31Listing removed$5,300,000
2023-11-02Listed for sale$5,300,000

For Sale by Agent

AgentJennifer Felker
BrokerageCompass

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