1532 W TARA Drive, Gilbert, AZ 85233, Gilbert, 85233 - 4 bed, 3 bath
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Gilbert, AZ 85233
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $694,900—positioned well below the $717,205 Fair Market Value by 3%. This valuation gap offers $22,305 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a refreshed backyard with an extended paver patio, smart home integration, and a flexible loft space. Located in The Islands, it offers a lifestyle-rich environment. This property is an ideal acquisition for Owner-Occupants seeking community amenities or first-time buyers prioritizing move-in readiness.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1532 W TARA Drive Subject | $664,900* List Price | 4 | 3 | 2,836 | $249 | - |
A 1224 W SHERRI Drive Sold | $485,000 List Price | 4 | 3 | 2,856 | 0.3 mi | |
B 1224 W SHERRI Drive Sold | $760,000 List Price | 4 | 3 | 2,856 | 0.3 mi | |
C 1117 W LAKERIDGE Drive Active | $758,900 List Price | 4 | 2 | 2,583 | $294 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1989 but features significant recent updates including a fully refreshed backyard with new pavers and turf, updated interior lighting, and smart home integration. The kitchen and baths have been modernized with granite countertops, stainless steel appliances, and painted cabinetry, making the home well-maintained and move-in ready despite its age.
Located in 'The Islands,' the property offers an exceptional lifestyle with access to lakes, docks, walking paths, and extensive recreational facilities including basketball and volleyball courts.
The home is equipped with smart home integration, a central data panel, and a recently refreshed backyard featuring new turf, an extended paver patio, and an upgraded irrigation system.
With 2,836 square feet and a closed-off loft with French doors, the floor plan provides excellent flexibility to easily create a fifth bedroom or a private home office.
Built in 1989, the home may soon require capital improvements for major systems such as the roof or HVAC, which are common considerations for properties of this vintage.
The assigned public schools for this address currently hold modest ratings (ranging from 4 to 6), which may be a drawback for families prioritizing high-performing educational districts.
Thoughtful updates and a standout location make this home easy to love. The backyard has been refreshed with new turf, lights, an extended paver patio, and an upgraded irrigation system ready to support a beautiful garden. Inside, the home is wired for modern internet with a central data panel in the primary closet, plus updated lighting throughout for a clean, modern feel. Level locks add peace of mind and modern smart home integration. With a flex room upstairs, as a closed off loft with french doors, it is easy to make this a fifth bedroom. Located in The Islands, residents enjoy lakes, green space, walking paths, an exercise track, pool, dock, parks, and recreation areas including basketball, volleyball, bocce ball, and shaded picnic ramadas.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 1.1 mi
Grades 6-8 • 1.9 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 | 58% |
| Square foot | 2,836 | 1,969 | 79% |
| Lot Size | 8,154 | 7,340 | 63% |
| Price | $664.9K | $0 | 85% |
| Price per sq ft | $234 | $0 | 61% |
| Built year | 1989 | 1994 | 14% |
| HOA | $401 | $101 | 96% |
| Days on market | 58 | 2509 | 1% |
Jun 11, 2026
$664,900
$679,900
-2% Price Drop
Initial Listing
May 31, 2026
$679,900
$687,400
-1% Price Drop
Initial Listing
May 24, 2026
$687,400
$694,900
-1% Price Drop
Initial Listing
Apr 17, 2026
$694,900
Initial Listing