4052 E Milky Way, Gilbert, AZ 85295
$600,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,573 Lot Size (sq. ft.): 4,175 Status: Active
Current Price: $600,000 List Date: 2/20/2026 Last Modified: 3/19/2026
Overview
Description
A rare BASEMENT home in an ideal location, quietly tucked into a welcoming community yet just minutes from top schools, shopping & restaurants. This beautifully updated home offers just under 2,600 sqft w/ 4 bedrooms, 3.5 baths & a rare basement designed for real living. The basement is a true standout, featuring a dedicated theater space, bonus living area, bedroom, and bath, perfect for movie nights, guests, or multi-use living. Upstairs, a functional open layout, & a kitchen w/ granite countertops, breakfast bar & bright dining area w/ glass sliding door leading to the backyard. The spacious primary suite includes a large walk-in closet & a well-appointed bath w/ dual sinks & separate tub. Recent upgrades include custom paneling throughout & new AC unit for added comfort & efficiency...
Supplements:
Open Houses
- Today, 12:00 pm - 5:00 pm
- Tomorrow, 12:00 pm - 5:00 pm
- Sunday, March 22, 1:00 pm - 3:00 pm
Listing Details MLS# 6987226
Location, Tax & Legal
- House Number
- 4052
- Compass
- E
- Street Name
- Milky
- St Suffix
- Way
- City/Town Code
- Gilbert
- State/Province
- AZ
- Zip Code
- 85295
- Zip4
- 6101
- County Code
- Maricopa
- Assessor Number
- 304-43-328
- Subdivision
- WILLOWS
- Tax Year
- 2025
- Assessor's Map #
- 43
- Legal Description (Abbrev)
- LOT 5 WILLOWS MCR
- Assessor's Parcel #
- 328
- Tax Municipality
- Gilbert
- Taxes
- 1761
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
- 3
- # Bedrooms
- 4
- Full Bathrooms
- 3
- Half Bathrooms
- Yes
- Total Bathrooms
- 4
- Approx SQFT
- 2573
- Price/SqFt
- 233.19
- Horses
- N
- Builder Name
- K. Hovnanian Homes
- Year Built
- 2008
- Approx Lot SqFt
- 4175
- Approx Lot Acres
- 0.096
- Flood Zone
- TBD
- Community Pool Y/N
- Yes
- Private Pool Y/N
- No
- Fireplace YN
- No
- Planned Comm Name
- Willows
- Marketing Name
- Willows
- Elementary School District
- Higley Unified School District
- High School District
- Higley Unified School District
- Elementary School
- Gateway Pointe Elementary
- Jr. High School
- Cooley Middle School
- High School
- Williams Field High School
Remarks Misc
- Cross Street
- Ray Rd. & Recker Rd
- Directions
- From Ray Rd & Recker Rd, head south on Recker Rd. Turn left on E Oakland St. Turn left on S Olympic Dr. Turn right on E Milky Way. The property is on the left.
Legal Info
- Township
- 1S
- Range
- 6E
- Section
- 25
- Lot Number
- 5
Basement
- Basement Y/N
- Y
More Information
Items Updated
- Ht/Cool Yr Updated
- 2025
- Ht/Cool Partial/Full
- Full
Parking Spaces
- Garage Spaces
- 2
- Slab Parking Spaces
- 2
- Total Covered Spaces
- 2
Showing Notification Methods
- Showing Service
- Aligned Showings
Contact Info
- List Agent Cell Phn2
- 480-630-5144
Special Listing Cond
- N/A
- Yes
Construction
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Tile
- Yes
Association & Fees
- HOA Y/N
- Y
- HOA Disclosure/Addendum Affirmation
- Yes
- HOA Transfer Fee
- 200
- HOA Fee
- 126
- HOA Paid Frequency
- Monthly
- HOA Name
- Metro Property Servi
- HOA Telephone
- 480-967-7182
- Special Assessment HOA
- No
- HOA 2 Y/N
- N
- PAD Fee Y/N
- N
- Cap Improvement/Impact Fee
- 400
- Cap Improvement/Impact Fee $/%
- $
- Cap Improvement/Impact Fee 2
- 0
- Cap Improvement/Impact Fee 2 $/%
- $
- Prepaid Association Fees HOA
- 252
- Disclosure Fees HOA
- 175
- Other Fees HOA
- 0
- Com Facilities Distr
- N
- Land Lease Fee Y/N
- N
- Rec Center Fee Y/N
- N
- Rec Center Fee 2 Y/N
- N
- Ttl Mthly Fee Equiv
- 126
Lockbox Type
- Supra
- Yes
Architecture
- Territorial/Santa Fe
- Yes
Master Bathroom
- Full Bth Master Bdrm
- Yes
- Separate Shwr & Tub
- Yes
- Double Vanity
- Yes
- Private Toilet Room
- Yes
Master Bedroom
- Split
- Yes
- Upstairs
- Yes
Additional Bedroom
- Other Bedroom Split
- Yes
- Other Bedroom Downstairs
- Yes
- Master Bedroom Walk-in Closet
- Yes
- Other Bedroom Walk-in Closet
- Yes
Flooring
- Carpet
- Yes
- Tile
- Yes
Window Features
- Dual Pane
- Yes
Community Features
- Biking/Walking Path
- Yes
- Children's Playgrnd
- Yes
Dining Area
- Eat-in Kitchen
- Yes
- Breakfast Bar
- Yes
- Breakfast Nook
- Yes
- Dining in FR
- Yes
Heating
- Electric
- Yes
Kitchen Features
- 220 Volts in Kitchen
- Yes
- Dishwasher
- Yes
- Disposal
- Yes
- Electric Oven
- Yes
- Built-in Microwave
- Yes
- Non-laminate Counter
- Yes
- Pantry
- Yes
- Refrigerator
- Yes
- Granite Counters
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Programmable Thmstat
- Yes
- Central Air
- Yes
Laundry
- Washer Hookup
- Yes
- 220 V Dryer Hookup
- Yes
- Inside
- Yes
Other Rooms
- Family Room
- Yes
- Bonus/Game Room
- Yes
Basement Description
- Finished
- Yes
- Full
- Yes
Separate Den/Office
- Sep Den/Office Y/N
- N
Road Access Type
- City Street
- Yes
Road Surface Type
- Paved
- Yes
Road Responsibility
- City Maintained Road
- Yes
Technology
- Sat Dish TV Ownd
- Yes
- Ntwrk Wrng Multi Rms
- Yes
- Security System Owned
- Yes
Fencing
- Back Yard
- Yes
- Block
- Yes
Water Source
- City Water
- Yes
Community Pool Features
- Fenced
- Yes
- Outdoor
- Yes
Spa
- None
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Attached Garage
- Yes
- Direct Access
- Yes
- Garage Door Opener
- Yes
New Financing
- Cash
- Yes
- VA
- Yes
- Conventional
- Yes
- FHA
- Yes
- 1031 Exchange
- Yes
Energy/Green Feature
- Multi-Zones
- Yes
Utilities
- SRP
- Yes
Existing 1st Loan
- Other (See Remarks)
- Yes
Property Description
- North/South Exposure
- Yes
Landscaping
- Gravel/Stone Front
- Yes
- Gravel/Stone Back
- Yes
- Desert Front
- Yes
- Desert Back
- Yes
- Grass Front
- Yes
- Synthetic Grass Back
- Yes
- Yrd Wtring Sys Front
- Yes
- Yrd Wtring Sys Back
- Yes
Services
- City Services
- Yes
Unit Style
- Three or More Levels
- Yes
Disclosures
- Seller Discl Avail
- Yes
- Agency Discl Req
- Yes
Possession
- Close of Escrow
- Yes
Association Fee Incl
- Common Area Maint
- Yes
Assoc Rules/Info
- Pets OK (See Rmrks)
- Yes
- No Visible Truck Trailer RV Boat
- Yes
- Rental OK (See Rmks)
- Yes
- Prof Managed
- Yes
Property Features
Special Listing Cond: N/A Architecture: Territorial/Santa Fe Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Split; Upstairs Additional Bedroom: Other Bedroom Split; Other Bedroom Downstairs; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet Flooring: Carpet; Tile Window Features: Dual Pane Community Pool Features: Fenced; Outdoor Spa: None Community Features: Biking/Walking Path; Children's Playgrnd Dining Area: Eat-in Kitchen; Breakfast Bar; Breakfast Nook; Dining in FR Kitchen Features: 220 Volts in Kitchen; Electric Oven; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Granite Counters; Non-laminate Counter Laundry: Washer Hookup; 220 V Dryer Hookup; Inside Basement Description: Finished; Full Other Rooms: Family Room; Bonus/Game Room Technology: Sat Dish TV Ownd; Ntwrk Wrng Multi Rms; Security System Owned Parking Features: Attached Garage; Direct Access; Garage Door Opener Road Access Type: City Street Road Surface Type: Paved Road Responsibility: City Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Utilities: SRP Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Back Yard; Block Property Description: North/South Exposure Landscaping: Gravel/Stone Front; Gravel/Stone Back; Desert Front; Desert Back; Grass Front; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back Lockbox Type: Supra Possession: Close of Escrow Unit Style: Three or More Levels Association Fee Incl: Common Area Maint Existing 1st Loan: Other (See Remarks) New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Disclosures: Seller Discl Avail; Agency Discl Req
Documents
Insurance Claim Report › Listing Office: Real Broker
Last Updated: March - 19 - 2026
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