
Gilbert, AZ 85233
Analysis of 1455 W HEATHER Avenue, Gilbert, AZ 85233 is currently available with a list price of $1,949,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Gilbert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This property underwent an extensive, high-end renovation between 2019 and 2020, placing it well within the 5-year window for excellent condition. The home features a gourmet kitchen with modern cabinetry and waterfall islands, fully updated spa-inspired bathrooms, luxury flooring throughout, and premium upgrades such as automated Pella sliding doors and a Savaria elevator. The property is in turnkey condition with no visible deferred maintenance.
Situated in a rare gated water-sport community, this property offers direct backyard access for water skiing, boating, and jet skiing, complete with a private boat house and resort-style amenities.
Extensively renovated in 2019-2020, the home features a gourmet entertainer's kitchen, spa-inspired bathrooms, and automated Pella sliding doors that create a seamless indoor-outdoor living experience.
The inclusion of a luxury Savaria elevator and a thoughtful floor plan with en-suite bedrooms on both levels provides exceptional multi-generational appeal and long-term accessibility.
The assigned middle and high schools are currently rated 4/10, which may be a drawback for families prioritizing top-tier public education performance.
Owning a lakefront property with a private boat house typically involves higher insurance premiums and more intensive ongoing maintenance compared to standard residential lots.
One-time price adjustment. All offers will be reviewed. Existing furniture throughout the home is available and may be included for buyers who wish to keep it. There are only six waterski lakes in the entire Phoenix metro area; three in Gilbert, one in San Tan Valley, and two in Buckeye. Across the East Valley (Gilbert & San Tan Valley), there is currently only one home available for sale, and it is this waterfront property in Playa del Rey Estates. At Playa del Rey, residents enjoy true lakefront living with an exceptional range of recreational activities, including water skiing, jet skiing, boating, kayaking, paddleboarding, towable inflatables, and speeds up to 36 mph. In addition, the community features a second lake dedicated to catch-and-release fishing, offering a rare combination of active recreation and peaceful retreat. What truly sets Playa del Rey apart is its unmatched versatility-unlike most ski lakes designed primarily for tournament use, or other lake communities that restrict water access altogether, this is the only community in the area that fully embraces a broad, year-round waterfront lifestyle. Beyond the lakes, Playa del Rey is a gated 24/7 community with outstanding amenities, including a brand-new mini golf course with fountain features, clubhouse, basketball court, and floating dock. Residents also enjoy a full calendar of community events throughout the year, including Easter celebrations, trick-or-treating, holiday festivities, and more. The home itself is completely turnkey and was extensively remodeled between 2019 and 2020. Highlights include a gourmet kitchen designed for entertaining, spa-inspired renovated bathrooms, and a luxury Savaria elevator providing effortless multi-level access. Automated stackable Pella sliding doors create seamless indoor-outdoor living while filling the home with natural light. The layout is both functional and thoughtfully designed, featuring two en-suite bedrooms one on each level plus three additional bedrooms, a dedicated den, game and family rooms, formal living and dining spaces, and a convenient laundry chute. High ceilings, generous bedroom sizes, wide hallways, and an open flow throughout the home create a perfect balance of comfort, privacy, and effortless entertaining. Welcome home!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 6-8 • 1.9 mi
Grades 8-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 4,561 | - |
| Lot Size | 9,978 | - |
| Price | $1.95M | $554.5K |
| Price per sq ft | $428 | $287 |
| Built year | 1998 | 0 |
| HOA | $335 | $0 |
| Days on market | 156 | 2717 |
Jun 8, 2026
$1,949,900
$1,999,900
-3% Price Drop
Initial Listing
Feb 16, 2026
$1,999,900
Initial Listing