4261 E Milky Way

Gilbert, AZ
$ 429,900 Beds 3 Baths 2.5 Sq 1,613 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to easy living in the heart of Gilbert! Located in the sought-after Willows community, this beautifully maintained home offers the perfect blend of comfort with a low-maintenance lifestyle. Instead of spending weekends mowing grass and maintaining a large backyard, you'll enjoy more free time while taking advantage of the community's tree-lined streets, neighborhood parks, playgrounds, greenbelts, and walking paths just steps from your door. Inside, you'll find a bright and inviting floor plan filled with natural light, neutral finishes, and thoughtful upgrades throughout. The desirable downstairs primary suite serves as a private retreat, featuring two walk-in closets, private patio access, double sinks, a garden tub/shower combo, and a separate toilet room. Upstairs offers two additional bedrooms, each with walk-in closets, a full bathroom, upstairs laundry room with built-in cabinetry, and a versatile loft ideal for a home office, playroom, fitness space, or second living area. The spacious eat-in kitchen is designed for everyday living, complete with maple cabinets, granite countertops, stainless appliances, a center island with breakfast bar seating, and ample storage. Additional features include wood-look flooring and tile on a diagonal, ceiling fans throughout, and 2-inch blinds. Recent updates include a newer HVAC system (2022) and water heater (2025) that provide peace of mind and help minimize future maintenance costs. Situated in one of Gilbert's most popular communities and just minutes from top-rated schools, shopping, dining, and freeway access, this home offers the space you need without the burden of maintaining a large yard. The perfect lock-and-leave opportunity for today's busy lifestyle.

Active

  • Price
  • $ 429,900
  • City
  • Gilbert
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MARICOPA
  • Half Bathrooms
  • 1
  • Area
  • Willows
  • Lot Size
  • 0.07 Acres
  • Zip
  • 85295
  • Sqr Footage
  • 1,613
  • Year Built
  • 2007
  • Taxes
  • $ 1408
  • Style
  • Residential
  • MLS#
  • 6998746
Listed By: Realty ONE Group; 480-321-8100
Data Source: Arizona Regional MLS (ARMLSN)

Features

General

Sewer Sewer - Public
Heating Forced Air,Electric,Ceiling
Cooling Central Air,Ceiling Fan(s)
Utilities SRP
Possession Close Of Escrow
Roof Tile
HOA Fee 138.0
Garage Spaces 2.0
Association Fee Includes Maintenance Grounds,Front Yard Maint
Construction Materials Stucco,Wood Frame,Painted
Year Built 2007
Township 1S
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Pool,Playground,Biking/Walking Path
Assoc Fee Paid Per Monthly
County Maricopa
New Construction No
Property Type Residential
HOA Yes
Attached Garage No
Subdivision Name WILLOWS
Special Listing Conditions N/A
Status Active
Directions North on Recker,East on Galveston,South on Sanders,East on Milky Way to your home on the right.
High School Higley High School
City Gilbert
Disclosures Agency Discl Req,Seller Discl Avail
Association Name The Willows
High School District Higley Unified School District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 2904.0
Carport Spaces 0.0
Carport Y/N No
Spa Features None
Elementary School Gateway Pointe Elementary
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1408.0
Home Warranty Y/N No
Middle/Junior High School Gateway Pointe Elementary
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Builder Name K Hovnanian
Standard Status Active
Occupancy Type Owner
Elementary School District Higley Unified School District
Tax Lot 201
MobileHomeRemainsYN No
New Financing: Conventional True
Senior Community No
New Financing: FHA True
Ttl Monthly Fee Equiv 138.0
New Financing Cash True
New Financing: VA True

Interior Features

Interior Amenities High Speed Internet,Granite Counters,Double Vanity,Master Downstairs,Eat-in Kitchen,9+ Flat Ceilings,Kitchen Island,Full Bth Master Bdrm
Flooring Carpet,Tile
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Screens,Dual Pane
Fireplace Y/N No
Laundry Features Upstairs Laundry,Inside
Total Bedrooms 3
LivingAreaSource Assessor
Total Baths 3
Bedrooms Possible 4
Other_sp_Rooms_co_Family_sp_Room True
Other_sp_Rooms_co_Loft True
Built-in Microwave True
Kitchen Island True

Exterior Features

Fencing Back Yard,Block
Parking Features Garage Door Opener
Lot Features Desert Front,Gravel/Stone Back
Water Source Public
Lot Size Area 2904.0
Spa No
Lot Size Acres 0.07
Lot Size Source Assessor
Waterfront Y/N No
Covered Spaces 2.0
Crops Included Y/N No
Road Responsibility City Maintained Road
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Gold Canyon, AZ office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Gateway Pointe Elementary
Middle School Gateway Pointe Elementary
High School Higley High School

Price History

3/15/2026 Listed $449,900
3/27/2026 3% - $439,900
7/31/2026 3% - $429,900

Property vs Zip Code Average in 85295

Price
AVG $770K
$430K
Taxes
AVG $2,182
$1,408
Year Built
AVG 2009
2007
Visits
AVG 159
722
Data Provided by Inside Real Estate®

Areas That We Cover

4261 E Milky Way Gilbert, AZ is a Single Family Home for sale at $429900 with 1613 sqft and a lot size of 0.07 Acres Acre(s). 4261 E Milky Way Gilbert has 3 bedrooms, 2 baths and was built in 2007. The property's zip code is 85295 which is in Gilbert, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.