
Gilbert, AZ 85233
This Renovated Single-Family Home is a High-Potential Investment Opportunity, listed at $594,999—positioned well below the $671,084 Fair Market Value by 11%. This valuation gap offers $76,085 in Instant Equity for the incoming buyer. Boasting a Granite Kitchen, Pebble Sheen Pool, and a Condition Rating of 3, the home is move-in ready while situated in the prestigious The Islands lake community. It represents a perfect balance of lifestyle and equity growth for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1255 W SEA SHELL Drive Subject | $589,900* List Price | 4 | 3 | 2,255 | $291 | - |
A 1231 W SANDMAN Drive Sold | $525,000 | 4 | 3 | 2,282 | $230 | 0.3 mi |
B 861 W SHELLFISH Drive Sold | $550,000 | 3 | 3 | 1,704 | $323 | 1.0 mi |
C 861 W SHELLFISH Drive Sold | $550,000 | 3 | 3 | 1,704 | $323 | 1.0 mi |
D 1042 W BRUCE Avenue Sold | $669,990 | 4 | 3 | 2,118 | $316 | 0.6 mi |
E 434 N CAMBRIDGE Street Sold | $533,900 | 3 | 3 | 1,934 | $276 | 1.0 mi |
F 638 W Sierra Madre Avenue Sold | $540,000 | 3 | 2 | 2,058 | $262 | 0.8 mi |
G 1550 W PACIFIC Drive Pending | $540,000 List Price | 4 | 3 | 2,035 | $265 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1986, the property has undergone significant renovations likely within the 5-15 year range. The kitchen and baths feature granite countertops, upgraded cabinetry, and stainless appliances. With fresh paint, modern laminate flooring, and a well-maintained pebble sheen pool, the home is in move-in ready condition.
The home features extensive recent improvements including fresh interior paint, granite countertops, and updated tile and laminate flooring, offering a move-in-ready experience.
The property boasts a private pebble sheen pool with a water feature, complemented by a newer deck and balcony, creating an ideal space for outdoor entertaining.
Situated in 'The Islands,' one of Gilbert's most sought-after lake communities, residents enjoy access to scenic walking paths, lakes, and nearby urban conveniences.
The assigned middle and high schools carry lower ratings (4/10), which may be a drawback for families prioritizing top-tier educational performance.
With a lot size of 5,693 square feet, the outdoor space is relatively compact for a four-bedroom home, potentially limiting yard space for gardening or play.
Beautifully updated and thoughtfully improved, this 4 bedroom, 2.5 bath home in The Islands offers a seamless blend of comfort and functionality. Fresh interior paint and newly completed landscaping set the tone, while modern tile and laminate flooring carry throughout the home. The kitchen is both refined and practical, featuring granite countertops, a custom tile backsplash, and upgraded appliances, all designed to support everyday living and entertaining alike. A spacious secondary living area with a built-in bar, upgraded cabinetry, and beverage refrigerator creates flexibility for a media room, game space, or relaxed lounge. Additional highlights include a stone accented fireplace, pantry storage, and an updated powder room. Outdoors, a private setting unfolds with a newer deck and balcony overlooking a pebble sheen pool with a water feature, offering a natural extension of the living space for both quiet evenings and gatherings. Located within The Islands, one of Gilbert's most sought after communities, residents enjoy access to scenic lakes, walking paths, and nearby dining, shopping, and entertainment.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 1.2 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 2,255 | 1,983.5 | 67% |
| Lot Size | 5,693 | 7,340 | 17% |
| Price | $589.9K | $215.0K | 75% |
| Price per sq ft | $262 | $100 | 62% |
| Built year | 1986 | 1994 | 5% |
| HOA | $401 | $104 | 97% |
| Days on market | 33 | 2502 | 1% |
May 17, 2026
$589,900
$594,999
-1% Price Drop
Initial Listing
May 5, 2026
$594,999
Initial Listing