
Gilbert, AZ 85233
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $365,000—positioned well above the $357,293 Fair Market Value by -2%. Featuring a Mint Condition Rating, the home includes a modern kitchen, new energy-efficient windows, and smart home technology. Residents enjoy premium amenities in The Islands, including 74 acres of lakes and green belts. While school ratings are moderate, the property’s move-in ready status and community lifestyle make it an ideal choice for first-time buyers or owner-occupants seeking a low-maintenance, updated residence in Gilbert.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 405 S SEAWYNDS Boulevard Subject | $365,000* List Price | 2 | 3 | 1,168 | $306 | - |
A 1155 W EDGEWATER Drive Sold | $455,000 List Price | 2 | 3 | 1,359 | 0.3 mi | |
B 1122 W SANDY BANKS -- Pending | $399,000 List Price | 3 | 3 | 1,346 | $296 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure dates to 1986, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with stainless steel appliances and quartz counters, updated bathrooms, brand new energy-efficient windows, and smart home systems, placing it in mint, move-in ready condition.
Located in the prestigious 'The Islands' community, residents benefit from 74 acres of lakes, 30 acres of grass, and extensive recreational facilities including basketball, volleyball, and bocce ball courts.
The property features brand new windows throughout and is equipped with smart home technology, including smart switches and thermostats, ensuring maximum energy efficiency and modern convenience.
With a tastefully updated kitchen, new laminate wood flooring, and a refreshed primary suite, this townhome offers a contemporary aesthetic at a competitive price point below $400,000.
The assigned middle and high schools carry lower ratings (4/10), which may be a drawback for families prioritizing high-performing educational districts.
At 1,168 square feet, the interior space is relatively modest for a multi-level townhome, potentially limiting appeal for buyers seeking more spacious common areas.
Buyer for this house my be eligible for up to $17,500 down payment assistance grant. Updated townhome in the prestigious community The Islands, which boasts amenities such as 74 Acres of Lakes, 30 Acres of Grass, Basketball court, Sand Volleyball Court, Bocce ball court, Playground, Facility Rental, Ramadas and Charcoal Grills. The house is filled with natural light spilled into each room from its brand new windows. Kitchen is completely updated. It is also equipped with smart switches, thermostats, and Ring doorbell. Custom shelving in the walk-in closet, laminated wood floor downstairs, curtains and blinds, for additional comfort. Spacious back patio adjacent to grassy greenbelt with towering pine trees. There are two primary bedrooms . It is updated for maximum energy efficiency and co and convenience. It is a perfect home for you.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 1.1 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,168 | 1,359 | 9% |
| Lot Size | 1,581 | 2,139 | 36% |
| Price | $365.0K | $0 | 64% |
| Price per sq ft | $312 | $0 | 91% |
| Built year | 1986 | 1996 | 9% |
| HOA | $191 | $182 | 73% |
| Days on market | 37 | 2993 | 9% |
May 1, 2026
$365,000
Initial Listing
Jul 3, 1997
$91,630
Public Record