
Gilbert, AZ 85233
This Renovated Waterfront Estate represents a High-Potential Investment Opportunity, with a List Price of $1,275,000—positioned well below the $1,493,953 Fair Market Value by 14%. This valuation gap provides $218,953 in Instant Equity. Boasting a Condition Rating of 2, the home features a Modern Quartz Kitchen, Panoramic Lakefront Views, and a Private Pool. Despite the three-bedroom layout, the expansive Basement Bonus Room adds significant versatility. This is an exceptional acquisition for Owner-Occupants seeking a luxury lifestyle or Value-Driven Buyers looking for immediate appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1441 W BAHIA Court Subject | $1,275,000* List Price | 3 | 3 | 3,554 | $420 | - |
A 820 S COPPER KEY Court Sold | $1,220,000 | 5 | 3 | 3,251 | $375 | 0.7 mi |
B 1146 W SEA FOG Drive Active | $1,048,800 List Price | 5 | 3 | 3,251 | $323 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1992, the property has undergone an extensive, high-end modern renovation within the last few years. The kitchen features ultra-modern minimalist cabinetry, quartz countertops, and integrated high-end appliances. The interior is updated with contemporary tile flooring, vaulted ceilings with modern fans, cable railings, and stylish wood-slat accent walls, meeting the highest current quality standards.
Situated on a prime cul-de-sac in The Islands, this estate offers exceptional lakefront views and a private backyard oasis with a pool, providing a high-end resort lifestyle.
With over 3,500 square feet and a rare, massive basement bonus room, the property offers significant flexibility for a home theater, gym, or multi-generational living.
The home features a chef-inspired kitchen with quartz countertops and high-end appliances, complemented by soaring vaulted ceilings and a lavish primary suite.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Despite the large square footage, the home only offers three bedrooms, which may be a constraint for larger families or buyers requiring more private sleeping areas.
The assigned public schools for this address carry ratings between 4 and 6, which may be a consideration for families prioritizing top-tier academic performance.
Wow! Your dream begins in this remarkable waterfront estate nestled on a premium cul-de-sac! This 3-bedroom home displays a 3-car garage & manicured landscape. Sheer beauty & mesmerizing attention to detail are found inside, accented by tile flooring, soaring vaulted ceilings, bountiful natural light, & stylish light fixtures. Highlights include a large living & dining room, & an impressive great room, centered around a cozy fireplace that adds warmth & character. Spotless kitchen, a cook's delight, fully equipped w/ample white cabinets, high-end appliances, quartz counters, a center island, & a breakfast nook. Grand owner's retreat shines w/picture windows framing beautiful views, outdoor access, & a lavish ensuite comprised of a jetted tub, an enclosed glass shower, & a walk-in closet. HUGE bonus room in the basement offers versatile space for a media room or family lounge. Venture to the serene backyard oasis, complete w/a refreshing pool & a covered patio, perfect for relaxing while enjoying scenic lakefront views. Live your best life in this exceptional gem!
No exterior & parking available.
Grades PK-6 • 0.1 mi
Grades PK-6 • 1.4 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 3,554 | 1,963 | 96% |
| Lot Size | 7,723 | 7,144 | 61% |
| Price | $1.27M | $443.0K | 99% |
| Price per sq ft | $359 | $230 | 95% |
| Built year | 1992 | 1994 | 38% |
| HOA | $0 | $100 | 11% |
| Days on market | 37 | 2291 | 1% |
Mar 16, 2026
$1,275,000
Initial Listing