tomo logo

$3,500,000

Beds
5
Baths
3.5
sq ft
4,908

2632 E Camina Plata, Gilbert, AZ 85298

2632 E Camina Plata

Gilbert, AZ 85298

  • 3 days on market
Welcome to this extraordinary equestrian estate in Gilbert, AZ! Spanning over 5.1 acres, this property is a horse lover's paradise with 15 covered stalls, 2 AC tack rooms, a lighted roping arena, and multiple grass pastures with a sprinkler system. It includes a private well for irrigation, solar, and city water. The custom home, built in 2000, offers 4,908 sqft of luxurious living with 5 bedrooms and 3.5 bathrooms. The master suite features a gas fireplace, wet bar, oversized closet, and a deck with mountain views. The updated kitchen has refinished cabinets and a gas cooktop. Step outside to a heated pool shaped like a cowboy boot, an outdoor kitchen, and a covered entertainment area. The property also has a separate two-bedroom casita and 2 RV hookups with utilities. This exceptional equestrian estate offers significant potential for horse enthusiasts, featuring extensive facilities on 5.1 fully fenced and privately gated acres, including 15 covered stalls, a lighted arena, and a round pen. The property is designed for both leisure and functionality, ideal for those passionate about equestrian activities. An owned well for irrigation, equipped with a newer pressure tank and pump, ensures a reliable water supply, complemented by access to city water. A 16.2 kW solar system with a demand controller and a 500-gallon propane tank enhance energy efficiency. The separate casita provides excellent rental opportunities or guest accommodations, featuring a full kitchen and laundry. Two covered RV spots with water, electricity, and their own septic system add to the property's versatility. The main house boasts a spacious master suite with a gas fireplace, wet bar, large walk-in shower, jetted tub, updated walk-in closet with laundry, and a deck offering stunning mountain views and a hot tub. This home features soaring ceilings, 140-year-old doors from a Mexican mission, and accents with 200-year-old barn wood, along with a unique boot-shaped swimming pool. A first-floor guest suite with its own entrance is adjacent to a salon, easily convertible into a kitchen or living space. Additional versatile spaces include a gym, office, and a media room with a 90" TV and surround sound. Laundry facilities are conveniently located on both levels, and the recently updated kitchen features refinished cabinets, a custom island, gas cooktop, wine cooler, and custom copper sinks and fixtures, making it a chef's dream. The property also includes 7-car garage spaces for ample storage. Outdoor amenities abound, including a heated diving pool shaped like a cowboy boot, complete with a rock waterfall, slide, sitting area, and spa, creating a resort-like atmosphere. The covered outdoor kitchen is ideal for entertaining, featuring ceiling fans, an eat-in counter, built-in gas and charcoal grills, and a wood-burning fireplace with a gas insert. An expansive covered area includes a TV, speaker system, custom gas fireplace, and a jacuzzi for relaxation. A fenced side yard is perfect for children and pets, featuring artificial turf for low-maintenance landscaping. Equine facilities include 15 covered stalls, a mare motel, and a barn, providing excellent shelter for horses. The lighted arena and round pen are ideal for training, enhancing the equestrian experience. Three concrete wash stalls with hot and cold water and pipe rail sides. A covered outdoor medicine/drink fridge at the arena adds convenience. Three grass pastures with a sprinkler irrigation system ensure lush grazing, along with covered trailer parking and enclosed equipment storage. A hay barn and two tack roomsone with AC and washer/dryer hookupscomplete the equestrian amenities. Additional structures include a 24x30 shop with a half bath, utility sink, two-post lift (7500 lbs max), 100 amp service, heating, AC, and spray foam insulation for a comfortable workspace. The separate casita serves as a 2-bedroom, 1-bath unit with a full kitchen, laundry, and fenced yard, perfect for guests or rental income. Upgrades throughout the property include a new roof (2022) with a 5-year warranty, and covered RV hookups on concrete slabs. The renovated casita includes a new kitchen, additional bedroom, and enclosed yard. The master closet has been remodeled with custom cabinets and an island, featuring a washer/dryer. The main patio has been updated with a custom fireplace, Twin Eagle grill, and Hot Springs spa. Additional features include a new whole-house water filter, water softener, tankless gas water heater, and an enclosed chicken coop, as well as artificial turf in the dog yard. This remarkable estate is fully fenced with automatic gates at the main and barn entrances, providing privacy and security while offering a luxurious lifestyle with numerous opportunities for income generation and equestrian activities.

Details

Property type

Single Family Residence

Est. home value

$463,839

Lot size

5.1 acres

Price per sq ft

$714

Year built

2000

Annual property taxes

$8,284

HOA

No

Price History

01/02/2025
ArizonaRegional

ArizonaRegional #6792825

Listed
$3,500,000

Schools & Community

Elementary school: 

Chandler Traditional Academy - Liberty Campus

Middle school: 

Willie & Coy Payne Jr. High

High school: 

Chandler High School

High school district: 

Chandler Unified District #80

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$3,055,827
Asking price
$3,500,000
Closing costs (~8% of asking)
-$280,000
Est. remaining loan balance
-$164,173
Cash to seller
$3,055,827

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2012

Original loan amount

$230,100

Est. remaining balance

$164,173

Interest rate

3.71%

Loan type

New Conventional, 30 year

Seller

Dong K Kang

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/05/2025 at 12:10 AM

Listing updated: 01/02/2025 at 8:15 AM

Listed by: Marshall Baires, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6792825

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