
Gilbert, AZ 85297
This Luxury Mediterranean Estate is listed at $2,200,000, representing a stable acquisition priced near its $2,138,692 Fair Market Value. Maintaining a Good Condition Rating, the home showcases 14-16 foot ceilings, a chef’s kitchen with dual islands, and a resort-style backyard featuring a PebbleTec pool and mountain views. Located in a premier gated community with access to top-rated schools like Higley High (9/10) and Sossaman Middle (9/10), this property offers a sophisticated lifestyle. It is the perfect fit for luxury-seeking families or executive homeowners.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3055 E WATERMAN Way Subject | $2,200,000* List Price | 5 | 6 | 5,215 | $431 | - |
A 3037 E WATERMAN Way Active Under Contract | $1,950,000 List Price | 5 | 5 | 5,070 | $385 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this Mediterranean-style estate is in move-in ready condition with high-end finishes throughout. The property features premium materials including custom millwork, stone flooring, and a chef's kitchen with dual islands and professional-grade appliances. The listing notes newer HVAC systems and a newer roof, indicating that major systems are well-maintained and within their functional lifespan. While the interior styling reflects its original build date, the overall quality and lack of deferred maintenance align with the 'Good' condition category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20984, living area = 5215.
Middle School: Sossaman Middle School (9/10). High School: Higley High School (9/10).
The backyard is a premier entertainment hub featuring a PebbleTec pool with a swim-up bar, multiple fire and water features, and an expansive ramada with a fireplace.
The extensive square footage, complex pool features, and mature landscaping will likely result in significant ongoing utility and maintenance costs.
The 2008 Mediterranean styling and heavy stone finishes may feel dated to modern buyers seeking a more contemporary or minimalist interior design.
Behind a large iron front door, the architecture makes its intentions clear: groin vault brick ceilings, hand-hewn beams, herringbone tongue-and-groove detail, and 14-16 foot ceilings throughout. This is not a production build dressed up with upgrades - it's a home where the bones and the finishes tell the same story. Five en-suite bedrooms, a private-entry office, a kitchen equipped with an 8-burner gas cooktop, three ovens, dual islands, and a walk-in pantry large enough to stock for a year. The four-car garage has extra height and the RV gate offers even more room for toys. Outside, the PebbleTec pool runs with three waterfalls, two fire features, a swim-up bar, and a gas-heated spa, all framed by mature landscaping for ultimate privacy. The primary retreat is a true sanctuary, complete with a versatile bonus space ideal for a fitness room, nursery, or private office. The oversized walk-in closet offers abundant storage, while the spa-like primary bath delivers a serene, resort-style experience. A private guest suite with separate backyard access provides incredible flexibility, perfect as a game room, pool house, or secluded retreat for visitors. All of this in a gated Gilbert community with private park, pickleball court, and playground Ideally located near top-rated schools, premier dining, entertainment, shopping, and convenient freeway access.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 7-8 • 3.2 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 78% |
| Baths | 6.0 | 3.0 | 99% |
| Square foot | 5,215 | 2,360 | 96% |
| Lot Size | 20,984 | 7,635.5 | 92% |
| Price | $2.20M | $0 | 99% |
| Price per sq ft | $422 | $0 | 99% |
| Built year | 2008 | 2004 | 70% |
| HOA | $249 | $180 | 83% |
| Days on market | 75 | 2613 | 1% |
Mar 25, 2026
$2,200,000
Initial Listing