1030 W CALYPSO Court, Gilbert, AZ 85233, Gilbert, 85233 - 5 bed, 4 bath
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Gilbert, AZ 85233
This Completely Remodeled Waterfront Estate is a High-Potential Investment Opportunity, listed at $1,175,000—positioned well below the $1,347,698 Fair Market Value by 12%. This valuation gap provides $172,698 in Instant Equity for the buyer. Boasting a Condition Rating of 2, the residence features a designer kitchen, wood-look tile flooring, and a resort-style pool with an infinity-edge spa. Located in the prestigious The Islands community, it offers a luxury lifestyle on a generous waterfront lot. This is a premier acquisition for Luxury Home Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1030 W CALYPSO Court Subject | $1,175,000* List Price | 5 | 4 | 3,911 | $300 | - |
A 820 S COPPER KEY Court Sold | $1,220,000 | 5 | 3 | 3,251 | $375 | 0.4 mi |
B 749 S COPPER KEY Court Active | $929,000 List Price | 5 | 3 | 3,673 | $253 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is a completely remodeled luxury home featuring high-end modern finishes, a designer kitchen with a waterfall island and premium appliances, and wood-look tile flooring throughout. Based on the visual evidence and description, the renovation is recent (<5 years), placing it in mint condition with no maintenance required.
This residence has been fully updated with wood-look tile flooring, a designer kitchen with premium appliances, and high-end finishes, offering a turnkey luxury experience.
The outdoor space features a private retreat with a resort-style pool and an infinity-edge spa, perfectly designed for entertaining and the Arizona climate.
Located in the prestigious 'The Islands' subdivision on a generous .26-acre lot, the property offers a spacious layout in one of Gilbert's most desirable lake communities.
The assigned middle and high schools carry ratings of 4/10, which may be a concern for families prioritizing top-tier academic performance in their home search.
The $401 association fee adds a significant recurring expense to the monthly budget compared to other residential areas in Gilbert with lower or no HOA fees.
Completely Remodeled Luxury Home in The Islands - 1030 W Calypso Ct, Gilbert Step into modern elegance with this fully remodeled 4-bedroom optional 5th , 4-bath home spanning 3,911 sq. ft. on a generous .26-acre lot in one of Gilbert's most desirable waterfront communities--The Islands. Every inch of this stunning residence has been thoughtfully updated, featuring wood-look tile flooring throughout, a bright open floor plan, and high-end modern finishes that create an effortless blend of comfort and sophistication. The heart of the home offers expansive living spaces, a designer kitchen with premium appliances, and plenty of room for entertaining or relaxing with family. Step outside to your gorgeous backyard retreat, complete with a resort-style pool, infinity-edge spa, and be
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 1.1 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 87% |
| Baths | 4.0 | 2.0 | 97% |
| Square foot | 3,911 | 1,983.5 | 99% |
| Lot Size | 11,484 | 7,423 | 92% |
| Price | $1.18M | $215.0K | 97% |
| Price per sq ft | $300 | $100 | 76% |
| Built year | 2006 | 1994 | 99% |
| HOA | $401 | $104 | 97% |
| Days on market | 82 | 2502 | 1% |
Mar 17, 2026
$1,175,000
Initial Listing