140 E Pony Lane, Gilbert, AZ 85295

$3,150,000
4
BD
4
BA
3,489
SqFt

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Sold Price
$3,150,000
List Price
$3,500,000
Closing Date
Feb 06, 2026
Days on Market
123
Status
CLOSED
MLS#
6901950
City
Gilbert
Bedrooms
4
Bathrooms
4
Living SQFT
3,489
Lot Size
237,243
Subdivision
Irrigated Acreage
Year Built
1998
Type
Single Family Residence

Property Description

5.44 acres of irrigated land in Gilbert! As soon as you turn onto the long white picket lined driveway, you'll know, this one is different. This 4bed, 4bath custom estate w/ a grand spiral staircase, fireplace & formal living & dining room offers 3,489 sq ft, fresh interior/exterior paint, new bedroom carpet & oak hardwood flooring throughout. The entire upper level is a private primary suite with a laundry dumbwaiter & huge balcony overlooking your land. Enjoy a breezeway-accessed pool + spa, detached 20x24 office & total privacy with no HOA. With a splittable parcel, zoning allows equestrian use, multigenerational living, & more. Experience rural charm just minutes from Gilbert's shopping, dining, and freeway access. A rare find in one of the East Valley's most desirable areas.

Additional Information

Elementary School
Ashland Elementary
High School
Campo Verde High School
Middle School
South Valley Jr. High
Acres
5.45
Architecture
Contemporary
Assoc Fee Includes
No Fees
Builder Name
Custom
Construction
Wood Frame, Painted, Stucco
Cooling
Ceiling Fan(s), Central Air, Other
Exterior Features
Balcony, Storage, Playground, Built-in Barbecue, RV Hookup
Fencing
Block, Chain Link, Other
Flooring
Carpet, Tile, Wood
Garage Spaces
3
Accessibility Features
Bath Roll-In Shower, Bath Grab Bars
Guest House SqFt
480
Heating
Electric
Horse Features
Other
Horses
Yes
Laundry
Inside
Living Area
3,489
Lot Size
237,243
New Financing
Cash, Conventional
Other Rooms
Family Room, Bonus/Game Room, Separate Workshop
Parking Features
RV Access/Parking, RV Gated, Garage Door Opener
Lot Features
North/South Exposure, Desert Back, Grass Front, Grass Back, Irrigation Front, Irrigation Back
Roofing
Tile
Sewer
Septic-In & Connected
Pool
Yes
Spa
Private
Stories
2
Style
Contemporary
Subdivision
Irrigated Acreage
Taxes
$5,808
Tax Year
2024
Utilities
Propane
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Russ Lyon Sotheby's International Realty. Selling Office: HomeSmart Lifestyles.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.