
Chandler, AZ 85224
This Turnkey Waterfront Condo is a Strong Value Opportunity, listed at $339,990—positioned well above the $310,551 Fair Market Value by 9%. While priced above the current estimation, the property features an Excellent Condition Rating following a 2022 interior remodel and 2024 mechanical upgrades, including a new HVAC and water heater. Residents enjoy a Direct Waterfront View and resort-style amenities in a prime Chandler location. This move-in ready residence is an ideal sanctuary for first-time buyers or downsizing professionals seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1825 W RAY Road 1113 Subject | $325,000* List Price | 2 | 2 | 897 | $341 | - |
A 1825 W RAY Road 1063 Sold | $310,000 | 3 | 2 | 1,000 | $310 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property meets the 'Excellent' criteria due to a comprehensive interior renovation completed in 2022 (less than 5 years ago), including remodeled bathrooms and a modernized kitchen with quartz-look counters and shaker cabinets. Furthermore, major systems are brand new, with the HVAC and water heater both installed in 2024.
This ground-floor unit offers rare direct lakefront views and access for fishing and boating, providing a unique resort-style living experience in the heart of Chandler.
The property features a comprehensive 2022 interior remodel and critical 2024 mechanical updates, including a new HVAC system and water heater, ensuring move-in readiness and lower immediate maintenance costs.
Situated in a gated community with three pools and tennis courts, the condo is within walking distance to major retail hubs like Sprouts and Fry's, offering high lifestyle appeal and convenience.
At 897 square feet for a two-bedroom, two-bathroom configuration, the interior living space and secondary bedroom may feel restrictive for some buyers or those requiring a home office.
The assigned local elementary and junior high schools carry average to lower ratings (3-5), which could impact appeal for families prioritizing top-tier educational districts.
LAKEFRONT CONDO Living in Chandler Near Shopping, Dining & Loop 101! Ground-floor lakefront condo in a gated Chandler community with direct water views, private patio access, and resort-style amenities near Dobson Rd & Ray Rd. This remodeled 2-bedroom, 2-bath condo offers approximately 897 sq ft and covered patio overlooking the lake, plus exterior storage space. Fishing and boating are permitted on the community lake, creating a unique waterfront lifestyle in the heart of Chandler. Interior upgrades completed in 2022 include wood-look tile flooring throughout, refinished cabinetry, Dunn-Edwards interior paint, LED lighting, faux wood blinds, updated fixtures, and remodeled bathrooms. The kitchen features quartz-look countertops, gray shaker-style cabinets, black appliances microwave, dishwasher, refrigerator, and glass-top range. Full-size washer and dryer included. The primary suite offers lake views, a large walk-in closet, detached vanity area, and a remodeled walk-in shower with multiple shower heads including a rain shower feature and upgraded Moen fixtures. Guest bath includes a 5-foot soaking tub and updated vanity. Sliding glass doors open directly to the covered patio overlooking the lake, ideal for outdoor dining, relaxing, or enjoying sunset water views. Community amenities include 3 swimming pools, fitness center, tennis courts, BBQ areas, walking/jogging paths around the lake, covered parking, and gated entry. Additional updates include new HVAC and water heater installed in 2024. HOA covers water, sewer, and trash. Located 0.3 miles to Fry's Marketplace, 0.4 miles to Sprouts Farmers Market, 0.5 miles to Pita Jungle, 1.5 miles to Loop 101 access, 2.0 miles to Chandler Fashion Center, and 3.5 miles to Intel's Chandler campus. Convenient access to dining, shopping, parks, golf, and major employment corridors throughout Chandler and the East Valley!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 1.3 mi
Grades PK-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 897 | - |
| Lot Size | 993 | - |
| Price | $325.0K | $349.9K |
| Price per sq ft | $362 | $283 |
| Built year | 1989 | 0 |
| HOA | $377 | $0 |
| Days on market | 73 | 2541 |
May 21, 2026
$325,000
$339,990
-4% Price Drop
Initial Listing
May 11, 2026
$339,990
Initial Listing