1030 W CALYPSO Court, Gilbert, AZ 85233, Gilbert, 85233 - 5 bed, 4 bath
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Gilbert, AZ 85233
This Luxury Waterfront Remodel 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. Boasting a Condition Rating of 2, the home features a Designer Kitchen, Wood-Look Tile, and a Resort-Style Pool with an Infinity-Edge Spa. Located in the prestigious Islands community, it offers a turnkey lifestyle with significant financial upside. This is an exceptional acquisition for Luxury Home Seekers or Owner-Occupants looking to secure immediate wealth.
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 | $345 | - |
A 820 S COPPER KEY Court Sold | $1,220,000 | 5 | 3 | 3,251 | $375 | 0.4 mi |
B 915 W Grand Caymen Drive Active | $1,199,000 List Price | 5 | 3 | 3,251 | $369 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone a comprehensive luxury remodel, featuring high-end modern finishes throughout. The designer kitchen includes premium appliances and a waterfall-edge island, complemented by wood-look tile flooring and updated contemporary light fixtures. Although the structure was built in 2006, the extensive recent renovations and resort-style outdoor amenities meet the highest quality standards for a move-in-ready home.
This residence has been fully updated with high-end finishes, wood-look tile flooring, and a designer kitchen, offering a turn-key luxury experience for buyers seeking a move-in-ready home.
The backyard serves as a private retreat featuring a premium infinity-edge spa and resort-style pool, perfectly complementing the lifestyle of the desirable Islands waterfront community.
Spanning over 3,900 square feet with five bedrooms on a quarter-acre lot, the property provides an expansive and functional floor plan ideal for large families and high-end entertaining.
The assigned public schools carry ratings ranging from 4 to 6, which may be a drawback for families specifically seeking the top-tier educational districts Gilbert is known for.
Between the $401 association fee and the maintenance requirements of a large luxury pool and nearly 4,000 square feet of living space, the monthly overhead for this property is significant.
Completely Remodeled Luxury Home in The Islands - 1030 W Calypso Ct, Gilbert Step into modern elegance with this fully remodeled 5-bedroom, 4-bathroom 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 beautiful la
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 | 86% |
| Baths | 4.0 | 2.0 | 97% |
| Square foot | 3,911 | 1,963 | 99% |
| Lot Size | 11,484 | 7,148.5 | 94% |
| Price | $1.18M | $446.0K | 98% |
| Price per sq ft | $300 | $233 | 79% |
| Built year | 2006 | 1994 | 99% |
| HOA | $401 | $102 | 98% |
| Days on market | 36 | 2273 | 1% |
Mar 17, 2026
$1,175,000
Initial Listing