
Gilbert, AZ 85233
This Extensively Remodeled Lakeside Community Residence is a Prime Investment Opportunity, listed at $649,000—positioned well below the $665,990 Fair Market Value by 2%. This valuation gap provides $16,990 in Instant Equity. Boasting a Condition Rating of 2, the home features a gourmet granite kitchen, a luxurious master retreat, and a private oasis with a pool and sport court. Located near Downtown Gilbert and Mesquite High School, it balances high-end lifestyle perks with financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 219 W ENSUENO Street Subject | $624,000* List Price | 5 | 3 | 2,140 | $318 | - |
A 545 S ASH Street Sold | $535,000 | 3 | 2 | 1,479 | $362 | 0.2 mi |
B 518 S QUAIL Lane Sold | $510,000 List Price | 3 | 2 | 1,642 | 0.6 mi | |
C 501 W SERENO Drive Sold | $469,000 | 3 | 2 | 1,424 | $329 | 0.4 mi |
D 568 W RAWHIDE Avenue Sold | $554,900 List Price | 3 | 2 | 1,616 | 0.7 mi | |
E 380 W SMOKE TREE Road Sold | $581,000 List Price | 4 | 2 | 1,642 | 0.4 mi | |
F 520 W CENTURY Avenue Active Under Contract | $619,999 List Price | 4 | 3 | 2,348 | $264 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a recent high-end remodel featuring a gourmet kitchen with granite countertops and stainless steel appliances, along with a freshly updated spa-like master bathroom. The interior shows modern flooring and finishes consistent with a renovation completed within the last 5 years.
The property features a high-end gourmet kitchen with custom cabinetry and a luxurious master retreat with a spa-like bathroom, offering a sophisticated, move-in-ready interior.
Situated on a large premium lot, the backyard serves as a private oasis with a pool, sport court, and multiple seating areas designed for both intimate and grand-scale entertaining.
Located in the sought-after Lago Estancia community, the home offers excellent proximity to the 202 freeway and the vibrant dining, shopping, and nightlife of Downtown Gilbert.
The assigned elementary, middle, and high schools all currently hold a rating of 4, which may be a concern for families prioritizing high-ranking educational performance.
With five bedrooms configured within 2,140 square feet, individual room dimensions may feel compact, potentially limiting space for larger furniture or multi-functional use.
Do not miss this stunning remodel, a true masterpiece in the highly sought-after Lago Estancia. Situated on a premium large lot with pool and sport court. Welcome yourself into the front foyer with the soaring ceiling meeting the formal living and dining rooms. The gourmet kitchen is a chef's dream, featuring high-end appliances, custom cabinetry and granite counter tops with coffee bar. Escape to the luxurious master retreat with a freshly remodeled spa-like bathroom with a custom shower featuring two rain heads, a handheld sprayer and a separate soaking tub. A rare 5-bedroom floorplan. Step outside to discover a breathtaking outdoor oasis, featuring a captivating pool and multiple inviting seating areas. This al fresco retreat is an idyllic backdrop for intimate gatherings or grand-scale entertaining. Easy access to the 60 and 202 San Tan Freeway making all of Phoenix easily accessible. San Tan Mall is minutes away. World class shopping, restaurants and nightlife right outside your doorstep in Downtown Gilbert!
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades 6-8 • 0.5 mi
Grades 8-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 87% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 2,140 | 1,983.5 | 61% |
| Lot Size | 8,507 | 7,423 | 68% |
| Price | $624.0K | $215.0K | 77% |
| Price per sq ft | $292 | $100 | 75% |
| Built year | 1994 | 1994 | 50% |
| HOA | $90 | $102 | 45% |
| Days on market | 49 | 2502 | 1% |
May 31, 2026
$624,000
$629,000
-1% Price Drop
Initial Listing
May 14, 2026
$629,000
$639,000
-2% Price Drop
Initial Listing
May 7, 2026
$639,000
$649,000
-2% Price Drop
Initial Listing
Apr 18, 2026
$649,000
Initial Listing