510 S LAGOON Drive, Gilbert, AZ 85233, Gilbert, 85233 - 4 bed, 3 bath
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Gilbert, AZ 85233
This Stunning Waterfront Residence is listed at $995,888, offering a stable entry point at its $995,888 Fair Market Value. Boasting a Condition Rating of 4, this former UDC model is exceptionally well-maintained and move-in ready. The property features a Gourmet Granite Kitchen, Private Pool, and a 70ft Waterfront View, delivering a premium resort-style lifestyle in Gilbert’s Windhaven subdivision. Proximity to Islands Elementary and Mesquite High ensures convenient access to local education. This home is an ideal match for Owner-Occupants or Lifestyle-Focused Buyers seeking a polished, lakefront sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 510 S LAGOON Drive Subject | $993,388* List Price | 4 | 3 | 2,493 | $383 | - |
A 940 W COAST Drive Sold | $1,000,000 | 4 | 2 | 2,507 | $399 | 0.7 mi |
B 1450 W KEY LARGO Court Active Under Contract | $955,000 List Price | 4 | 3 | 2,776 | $344 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, this property is exceptionally well-maintained and move-in ready, but remains architecturally dated. While the kitchen features granite countertops and stainless steel appliances, the cabinetry and bathroom vanities reflect older styles consistent with the 'fair' criteria for homes aged 25-40 years without a recent full-scale renovation.
The property features 70 feet of direct lake frontage with expansive water views and a private pool, offering a premium resort-style lifestyle in the heart of Gilbert.
As a former UDC model, the home boasts high-end finishes including a gourmet granite kitchen, dual fireplaces, and a primary suite with private patio access.
The desirable single-story floor plan combined with an oversized 28-foot deep garage provides both accessibility and exceptional storage for larger vehicles.
Built in 1986, the property may require ongoing maintenance or updates to major mechanical systems and structural components compared to newer constructions.
Local assigned schools currently hold mid-range ratings (4-6), which may be a consideration for families prioritizing top-tier educational performance.
Stunning single-level waterfront home in the popular Windhaven subdivision! This former UDC model features a gourmet kitchen with granite counters, island, stainless steel appliances. A dramatic entry that opens to the formal dining room with lake views and a wet bar. Fireplaces in both the family room and primary suite add warmth and charm. The primary suite also offers dual sinks, his and hers walk-in closets, a separate shower and tub, and patio access. Enjoy a pool, 70 ft of waterfront with wide lake views, and an oversized patio. Impeccable landscaping and a 28-ft-deep 2.5-car garage complete this home. This one won't last long!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 1.0 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 2,493 | 1,963 | 73% |
| Lot Size | 8,394 | 7,144 | 73% |
| Price | $993.4K | $443.0K | 95% |
| Price per sq ft | $398 | $230 | 98% |
| Built year | 1986 | 1994 | 5% |
| HOA | $274 | $102 | 87% |
| Days on market | 204 | 2292 | 9% |
Apr 19, 2026
$993,388
$995,888
+0% Price Increase
Initial Listing
Oct 1, 2025
$995,888
Initial Listing