
Gilbert, AZ 85233
This Move-In Ready Townhouse in The Islands represents a Strong Value Opportunity, listed at $410,000—positioned slightly above the $399,629 Fair Market Value. While the price reflects the current market, the property features a Condition Rating of 3, bolstered by recent capital improvements including a high-efficiency AC, 2022 water heater, and 2021 vinyl flooring. With a private patio and low-maintenance HOA, this home offers a stable, turn-key lifestyle. It is an ideal acquisition for first-time buyers or owner-occupants seeking a functional, well-maintained residence in a prime Gilbert location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1138 W MANGO Drive Subject | $410,000* List Price | 3 | 3 | 1,454 | $275 | - |
A 437 S SUNRISE Drive Sold | $380,000 | 3 | 3 | 1,397 | $272 | 0.4 mi |
B 1155 W EDGEWATER Drive Sold | $455,000 List Price | 2 | 3 | 1,359 | 0.1 mi | |
C 1071 W SANDY BANKS Drive Active | $379,999 List Price | 3 | 3 | 1,397 | $272 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1995 (>20 years), it has been well-maintained with key system updates including a high-efficiency AC and a 2022 water heater. The interior features newer vinyl plank flooring (2021), and although the kitchen cabinetry and counters appear dated, the home is functional and move-in ready.
Situated as a corner unit in the highly sought-after 'The Islands' community, this property offers increased privacy and natural light compared to standard interior units.
The home features significant recent upgrades including a high-efficiency AC system, newer vinyl plank flooring (2021), and a water heater (2022), minimizing immediate maintenance costs for the buyer.
The $205 monthly HOA fee covers essential exterior maintenance including the roof, paint, and landscaping, providing a lock-and-leave lifestyle and long-term value protection.
While located in a popular area, the assigned middle and high schools carry average ratings (4/10), which may be a consideration for education-focused families.
With a lot size of just 2,174 square feet, the property offers minimal private yard space, which is common for townhomes but may limit outdoor activities.
Beautiful townhome in the sought after neighborhood of The Islands, in Gilbert. Don't miss it! This is a corner unit with the 3 bedroom, 2.5 bath floorplan. High efficiency AC! Newer vinyl plank flooring on bottom level installed in 2021, water heater installed in 2022. Exterior building maintenance (roof, paint etc.) and landscaping maintained by HOA.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades PK-6 • 0.8 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,454 | - |
| Lot Size | 2,174 | - |
| Price | $410.0K | $372.4K |
| Price per sq ft | $282 | $268 |
| Built year | 1995 | 0 |
| HOA | $205 | $0 |
| Days on market | 13 | 2991 |
Jul 9, 2026
$410,000
Initial Listing