1633 E LAKESIDE Drive 161, Gilbert, AZ 85234, Gilbert, 85234 - 2 bed, 2 bath
Loading property details...
Gilbert, AZ 85234
This loft-style townhouse represents a Strong Value Opportunity, listed at $400,000—positioned above the $369,333 Fair Market Value. While the property requires cosmetic updates given its Fair Condition Rating, it offers a versatile layout with high vaulted ceilings, a wood-burning fireplace, and a private patio. Located in the desirable Val Vista Lakes community with access to top-rated schools like Patterson Elementary, this unit is a prime candidate for value-add personalization. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a customizable home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1633 E LAKESIDE Drive 161 Subject | $400,000* List Price | 2 | 2 | 1,092 | $338 | - |
A 1120 N VAL VISTA Drive 90 Active | $324,500 List Price | 2 | 2 | 1,190 | $273 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1994 (30 years old) and retains most of its original finishes, including oak cabinetry, green laminate countertops, and dated wallpaper in the kitchen and bathrooms. While the unit appears clean and functional, the systems and aesthetics are over 20 years old and require cosmetic updates to meet modern standards.
The unit features high vaulted ceilings, wood flooring, and a versatile loft space that creates an open, airy atmosphere and provides flexible living options.
Situated in the prestigious Val Vista Lakes, residents enjoy access to high-end amenities including a sparkling pool, spa, and lush greenbelts in a prime Gilbert location.
The primary bedroom is strategically located on the main floor with direct bathroom access, offering a desirable layout for those seeking single-level accessibility.
The property has been active for 258 days, which may indicate a misalignment between the listing price and current market value or buyer expectations.
With only 1,092 square feet of living space, the interior may feel restrictive for buyers looking for more expansive room sizes or additional storage.
Delightful and muck sought after loft-unit condo ready to go! Explore the interior comprising high vaulted ceilings & wood floors that enhance the sense of space. The living room has abundant natural light & a cozy wood-burning fireplace. You'll love the charming dining area flowing into a well-appointed kitchen showcasing built-in appliances, track lighting, & ample counter space. Upstairs, you'll find soft carpeting & a versatile loft that can serve as an office, reading nook, or guest space. The main bedroom is conveniently downstairs offering a walk-in closet plus direct bathroom access. Enjoy the outdoors on your adorable private patio, or take advantage of the community's wonderful amenities, including a sparkling pool, relaxing spa, lush greenbelts, & more. Make it yours
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades PK-6 • 0.8 mi
Grades 7-8 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,092 | - |
| Lot Size | 871 | - |
| Price | $400.0K | $372.4K |
| Price per sq ft | $366 | $268 |
| Built year | 1994 | 0 |
| HOA | $0 | $0 |
| Days on market | 281 | 2991 |
Oct 15, 2025
$400,000
Initial Listing