316 E LAREDO Avenue Homes near Downtown Gilbert with oversized lots are hard to find, and this one delivers location, layout, and major upgrades ideal for a first-time buyer seeking the true Gilbert lifestyle. Located in the Farmhouse Meadows community in Gilbert, this 3 bedroom, 2 bathroom single-level home offers 1, 620 square feet on a 9, 235 sq ft oversized corner lot with desirable north south exposure. Just over one mile from Downtown Gilbert and less than half a mile to The Gilbert House, the location provides walkable access to parks, dining, coffee shops, and community events. Inside, the split floor plan creates privacy between the primary suite and secondary bedrooms, while the single-level design with zero-step entry and no interior stairs supports easy everyday living. Recent updates include a new HVAC system installed in 2025 and updated flooring in 2022, allowing buyers to move in with confidence. The functional layout feels spacious and efficient, ideal for first-time homeowners. The oversized corner lot sets this home apart, featuring mature trees, added privacy, and a north south-facing backyard that enhances year-round usability. Outdoor living includes a covered patio and an above-ground spa, perfect for relaxing or entertaining. The two-car garage adds everyday convenience. Farmhouse Meadows offers an HOA community feel while keeping you close to Gilbert's most vibrant lifestyle hubs. This home is ideal for buyers searching for single-level homes near Downtown Gilbert, homes with large lots in Gilbert, or move-in ready properties with major system upgrades in a highly walkable location.