
Gilbert, AZ 85233
This Stunning Waterfront Townhouse in a gated Gilbert community is listed at $595,000, positioned closely to its $577,840 Fair Market Value. Boasting a Move-In Ready Condition Rating, the interior features dramatic 26-foot ceilings and a modernized Granite Kitchen with breathtaking lake views. The exterior serves as a private sanctuary, complete with an In-Ground Spa, dual fire pits, and an included fiberglass boat for immediate recreation. This property offers a turnkey resort lifestyle, making it a premier choice for Owner-Occupants or lifestyle-driven buyers seeking a unique sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 517 S MARINA Drive Subject | $595,000* List Price | 3 | 3 | 2,003 | $288 | - |
A 1426 W Coral Reef Drive Sold | $590,000 | 2 | 3 | 2,048 | $288 | 0.3 mi |
B 522 S MARINA Drive Active | $575,000 List Price | 3 | 3 | 2,003 | $287 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a modernized kitchen with white cabinetry and granite countertops. While originally built in 1986, the home has been well-maintained with updated features and impressive architectural elements like 26-foot ceilings. The outdoor living space is highly functional with a tiled patio and in-ground spa, though some interior finishes like the flooring and fireplace style reflect an older build date.
This rare lakeside retreat offers stunning water views, a private master deck overlooking the lake, and includes a $29,000 fiberglass donut boat for immediate recreation.
The interior boasts impressive 26-foot ceilings in the living room and a modern, updated kitchen featuring granite countertops and white cabinetry.
The private backyard is a secure oasis designed for entertaining, complete with a tiled patio, two fire pits, a serene pond, and an in-ground spa.
The included high-value boat is currently non-functional as it is missing four batteries, and the 1986 original construction may necessitate updates to older mechanical systems.
While the elementary school is well-rated, the assigned middle and high schools have lower performance ratings, which may be a consideration for families.
Discover the ultimate lakeside retreat in the safety of a gated community! This stunning property includes a $29,000+ American-made fiberglass donut boat for endless lake adventures missing 4 Batteries. Step inside to a grand 26-foot ceiling in the open living room, paired with an updated kitchen featuring white cabinets, granite countertops, a granite backsplash, and breathtaking lake views. Two large glass sliding doors lead to a tiled patio, perfect for entertaining with two fire pits, a serene pond, and an in-ground spa--all within your private, secure oasis. Enjoy mesmerizing sunsets over the lake from your exclusive backyard. The master suite boasts vaulted ceilings, his and hers closets, and a private deck overlooking the water. Current tenant lease in place until 10/31/2026
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 1.0 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 67% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,003 | 1,359 | 83% |
| Lot Size | 4,530 | 2,139 | 92% |
| Price | $595.0K | $0 | 92% |
| Price per sq ft | $297 | $0 | 92% |
| Built year | 1986 | 1996 | 8% |
| HOA | $277 | $182 | 75% |
| Days on market | 189 | 2978 | 17% |
Oct 15, 2025
$595,000
Initial Listing