2111 E GONDOLA Lane, Gilbert, AZ 85234, Gilbert, 85234 - 4 bed, 3 bath
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Gilbert, AZ 85234
This Turnkey Waterfront Residence represents a Strong Value Opportunity, listed at $1,150,000—positioned above the $1,056,691 Fair Market Value. While priced at a premium, the property offers an Excellent Condition Rating following a 2021 renovation. Featuring a private pool, panoramic lake views, and a successful short-term rental history, this home provides immediate lifestyle and income utility. Located in the prestigious Val Vista Lakes community, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a resort-style sanctuary with high-end finishes.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2111 E GONDOLA Lane Subject | $1,150,000* List Price | 4 | 3 | 2,661 | $397 | - |
A 1414 N PALMSPRINGS Drive Sold | $838,100 | 5 | 3 | 2,738 | $306 | 0.2 mi |
B 1414 N PALMSPRINGS Drive Sold | $838,100 | 5 | 3 | 2,738 | $306 | 0.2 mi |
C 1302 N MISSION COVE Lane Sold | $1,000,000 | 4 | 3 | 2,783 | $359 | 0.9 mi |
D 2011 E CLIPPER Lane Active | $1,149,000 List Price | 4 | 2 | 2,596 | $443 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a full renovation in 2021, which is within the 5-year window for excellent condition. Images confirm a modern kitchen with white shaker cabinets and quartz countertops, updated flooring, contemporary railings, and a well-maintained exterior and pool area.
This property features a rare west-facing waterfront lot in the prestigious Val Vista Lakes, offering private lake access and spectacular nightly Arizona sunsets from the pool area.
Completely renovated in 2021 and sold fully furnished, this home is move-in ready and offers immediate income potential as a proven, successful short-term rental.
Residents benefit from the extensive Val Vista Lakes community features, including a tropical lagoon pool, sandy beach, tennis, and racquetball courts, enhancing the lifestyle value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2661, other record living area = 2505.
Despite the 2021 cosmetic renovations, the original 1987 construction may require ongoing maintenance or updates to major mechanical systems and structural components.
The assigned high school has a mid-tier rating of 5, which may be a drawback for families specifically seeking the highest-rated academic districts in the Gilbert area.
Resort living without the checkout time. This west-facing waterfront POOL home in Gilbert's prestigious Val Vista Lakes community offers four bedrooms, a loft, three full bathrooms, and a finished 3-car garage -- all renovated in 2021. Inside: soaring ceilings, natural light for days, and a cozy wood-burning fireplace. Outside: private pool, palm trees, artificial turf, and nightly Arizona sunsets over the lake. Community amenities include a tropical lagoon pool, sandy beach, tennis, racquetball, and a full clubhouse. Minutes to Downtown Gilbert...PS, also a successful STR!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 1.2 mi
Grades 7-8 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,661 | 2,075.5 | 83% |
| Lot Size | 10,511 | 6,839 | 85% |
| Price | $1.15M | $454.8K | 95% |
| Price per sq ft | $432 | $233 | 96% |
| Built year | 1987 | 1994 | 21% |
| HOA | $155 | $82 | 75% |
| Days on market | 11 | 2539 | 1% |
May 26, 2026
$1,150,000
Initial Listing