5.07 Acres of Land for Sale in Gilbert, AZ

Calling all builders, developers, and those seeking room to create their dream estate! This exceptional 5-acre parcel is one of the few remaining large lots along the highly sought-after Greenfield Road corridor. Ideally located just minutes from SanTan Village, with convenient access to Costco and the Loop 202, this property offers both space and proximity to top-tier amenities. Surrounded by strong comparables, with ¾-acre lots approximately one mile north selling for over $1,000,000 and ½-acre lots nearby listed up to $2,000,000, this parcel presents a compelling investment opportunity. The Town of Gilbert may allow for flexible lot division, offering multiple development possibilities. With potential for increased density (subject to approval), this site is well-positioned for those looking to maximize value and achieve its highest and best use.

Currently, there are no other 5-acre parcels available in Gilbert on the MLS--making this a rare and prime opportunity for a luxury estate, family compound, or a thoughtfully designed residential development.