129 E WATER TANK Road, Gilbert, AZ 85296, Gilbert, 85296 - 4 bed, 4 bath
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Gilbert, AZ 85296
This Custom Modern Farmhouse Estate is a premier Move-in Ready lifestyle offering in Downtown Gilbert, listed at $2,295,000. The Fair Market Value of $2,177,755 underscores the stability of this high-end submarket, with the price reflecting the rare 2022 bespoke construction and Excellent Condition Rating. The residence features 14-foot ceilings, an elite Chef's Kitchen, and a resort-style Private Pond on a sprawling 1.28-acre lot. This property provides a rare sanctuary experience with urban convenience. It is perfectly suited for Luxury Home Seekers or Owner-Occupants prioritizing quality and land.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 129 E WATER TANK Road Subject | $2,295,000* List Price | 4 | 4 | 4,405 | $494 | - |
A 745 E JOHN HENRY Lane Pending | $1,779,000 List Price | 5 | 4 | 4,115 | $432 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This custom-built modern farmhouse was completed in 2022, making it nearly brand new and well within the 'excellent' criteria. The property features high-end luxury finishes, including a chef's kitchen with a 12-foot island, dual professional-grade gas ranges, and a rare walk-in refrigerator. The interior boasts 14-foot ceilings, polished concrete flooring, and multi-slide stacking doors for indoor-outdoor living. With modern smart features, high-efficiency HVAC systems, and tankless water heaters, the home shows no signs of wear and meets the highest current quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 55874, living area = 4405.
The kitchen is a culinary masterpiece featuring a 12-foot island, dual gas ranges with 12 burners, three ovens, and a rare walk-in refrigerator, perfect for high-end entertaining.
Situated on 1.28 acres, the property offers a unique resort-style setting with a private pond, rock garden, and dedicated space for farming or horses, all within walking distance of Downtown Gilbert.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4405, other record living area = 4920.
Despite the generous 4,400+ square footage, the home only offers three dedicated bedrooms plus a flex space, which may not meet the needs of larger families seeking more private quarters.
While the property includes a pad with power, the lack of an existing pool or casita at this price point requires significant additional investment and construction time from the buyer.
Experience a rare blend of modern luxury, farmhouse charm & Downtown Gilbert lifestyle in this extraordinary custom built home. Built in 2022, this 4,400+ sf modern farmhouse sits on 1.28 acres & offers the best of both worlds- private estate living with walkable/bikeable access to Downtown Gilbert shopping, dining, & entertainment. Designed for elevated everyday living & effortless entertaining, the home showcases a stunning great room with 14+ ft ceilings, expansive windows that flood the space with natural light, solid wood doors, & a cozy gas fireplace. From here, multi-slide stacking doors fully collapse to create a seamless indoor-outdoor connection, opening directly to a one-of-a-kind pond & rock garden designed as the heart of the property. A peaceful walking path wraps around the private pond, framed by natural boulders, mature trees, & lush landscaping--delivering a true resort-style setting and an incredible open-air feel. The chef's kitchen is a showpiece with a massive 12 foot island, two gas ranges (48" & 36") with 12 burners, 3 ovens, a butler's pantry and a huge walk-in refrigerator. The flexible layout includes 3 bedrooms plus a large media/flex room (used as a 4th bedroom option) and 3.5 baths. The primary retreat is exceptional, featuring a spa-like bathroom with oversized shower + enclosed tub, smart tint windows, huge closet, separate vanity/dressing area, and an attached patio. Outside, enjoy a truly unique setting with a small-scale vegetable farm, framed by inviting sitting & entertainment spaces and lots of exterior lighting. The back of the property includes a huge, fenced area perfect for farming, horses, chickens or many other options. Includes a back pad set with power for possible casita, workshop, pool/spa, etc. It's a short walk to the canal, which offers miles of walking/biking access and quick access to downtown Gilbert. There are lots of smart features to this home, 2 tankless water heaters (gas), 3 efficient HVAC units, complete water filtration system, custom lighting & fixtures and so much more. This is luxury mixed with land, character, and convenience--an incredibly rare opportunity in Gilbert.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 88% |
| Square foot | 4,405 | 2,089.5 | 98% |
| Lot Size | 55,874 | 6,821 | 99% |
| Price | $2.29M | $445.0K | 99% |
| Price per sq ft | $521 | $232 | 99% |
| Built year | 2022 | 2001 | 98% |
| HOA | $0 | $140 | 4% |
| Days on market | 57 | 2528 | 1% |
Feb 25, 2026
$2,295,000
Initial Listing