1231 W ISLANDIA Drive, Gilbert, AZ 85233, Gilbert, 85233 - 5 bed, 3 bath
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Gilbert, AZ 85233
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $709,900—positioned well below the $736,016 Fair Market Value by 3%. This valuation gap offers $26,116 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Sparkling Pool and Spa, updated kitchen, and fresh interior finishes. Located in Gilbert, it provides a versatile layout for Owner-Occupants or growing families seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1231 W ISLANDIA Drive Subject | $709,900* List Price | 5 | 3 | 2,719 | $271 | - |
A 920 W GRAND CAYMEN Drive Sold | $716,500 | 5 | 3 | 2,597 | $276 | 0.4 mi |
B 1224 W SHERRI Drive Sold | $760,000 List Price | 4 | 3 | 2,856 | 0.6 mi | |
C 854 W MESQUITE Street Sold | $667,500 | 4 | 3 | 2,979 | $224 | 0.7 mi |
D 854 W MESQUITE Street Sold | $667,500 | 4 | 3 | 2,979 | $224 | 0.7 mi |
E 1157 W MESQUITE Street Sold | $647,000 | 3 | 2 | 2,198 | $294 | 0.5 mi |
F 590 S NEELY Street Sold | $539,000 | 4 | 2 | 2,123 | $254 | 0.9 mi |
G 1202 W IRIS Drive Pending | $725,000 List Price | 5 | 3 | 2,856 | $254 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1994, the property has undergone significant recent renovations including fresh neutral paint, new carpeting, and modern wood-look flooring. The kitchen is updated with stone countertops and a contemporary tile backsplash, and the bathrooms feature refreshed vanities and fixtures. The home is move-in ready and well-maintained, fitting the 5-15 year renovation profile.
The backyard serves as a private oasis featuring a sparkling pool, spa, built-in BBQ, and a large firepit area, making it ideal for outdoor entertainment.
The property features recent updates including fresh interior paint, new carpeting, and an updated primary en-suite bath, allowing buyers to move in without immediate renovation costs.
With 5 bedrooms, 2,719 square feet, and a versatile upstairs loft, the floor plan offers excellent space and flexibility for large families, multi-generational living, or remote work.
Despite the listing's proximity to schools, the assigned public schools like Mesquite High and Shumway Elementary carry average ratings of 4 out of 10, which may be a drawback for education-focused families.
The property requires a $401 association fee, which adds to the recurring monthly carrying costs for the homeowner.
This well-maintained 5 bedroom, 3 bath two-story Gilbert home is move-in ready and packed with thoughtful updates -- featuring fresh interior paint in a clean neutral palette, new carpet in the bedrooms and upper level, a versatile upstairs loft perfect for a home office, playroom, or media room. The open, functional layout flows beautifully between living and dining spaces, while generously sized bedrooms and a private primary suite with updated en-suite bath offer comfort for the whole family. Outside, enjoy your own backyard oasis complete with a sparkling pool and spa, built in BBQ and large firepit/fireplace area. Located in the heart of Gilbert near top-rated schools, dining, shopping, and major freeways -- this one is clean, refreshed, and ready to go from day one.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 0.8 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,719 | - |
| Lot Size | 8,536 | - |
| Price | $709.9K | $554.5K |
| Price per sq ft | $261 | $287 |
| Built year | 1994 | 0 |
| HOA | $401 | $0 |
| Days on market | 35 | 2717 |
Jun 17, 2026
$709,900
Initial Listing