517 S PARADISE Drive, Gilbert, AZ 85233, Gilbert, 85233 - 3 bed, 2 bath
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Gilbert, AZ 85233
This Modern Turnkey Residence is listed at $485,297, representing a stable entry point aligned with its $479,544 Fair Market Value. Maintaining a Condition Rating of 3, the interior features a Granite Kitchen, stainless steel appliances, and updated wood-look flooring. The property offers a premier low-maintenance lifestyle within the gated Falls at Coral Point, where the HOA provides full yard care and exterior painting. Residents benefit from The Islands amenities, including a clubhouse, pool, and lake access. This home is a perfect fit for Busy Professionals or Seasonal Residents seeking a high-quality, lock-and-leave sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 517 S PARADISE Drive Subject | $485,297* List Price | 3 | 2 | 1,504 | $319 | - |
A 354 S Bayshore Boulevard Sold | $505,000 | 3 | 2 | 1,582 | $319 | 0.2 mi |
B 354 S BAY SHORE Boulevard Sold | $505,000 | 3 | 2 | 1,582 | $319 | 0.2 mi |
C 861 W SHELLFISH Drive Sold | $550,000 | 3 | 3 | 1,704 | $323 | 0.9 mi |
D 1417 W LAKE MIRAGE Court Sold | $442,000 | 3 | 3 | 1,691 | $261 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several modern updates, including stainless steel appliances, granite countertops, and updated wood-look flooring. While built in 1995, the home has been well-maintained with refreshed kitchen cabinetry and a contemporary backsplash, fitting the criteria for a well-maintained home with updated components.
The HOA provides comprehensive exterior care, including weekly yard maintenance and home painting, offering a convenient lock-and-leave lifestyle ideal for busy professionals or seasonal residents.
Situated in the gated Falls at Coral Point within 'The Islands,' residents enjoy exclusive access to a clubhouse, sparkling pool, spa, and majestic lake views just a short walk from the front door.
This exceptionally clean, move-in ready home features a modern open floor plan and a private wrap-around backyard patio with four mature citrus trees, perfect for immediate occupancy.
The property sits on a compact 4,195 square foot lot, which may feel restrictive for buyers seeking significant private outdoor space or room for large-scale gardening.
The assigned secondary schools, Mesquite Junior High and Mesquite High School, currently carry lower performance ratings (4/10), which could be a drawback for education-focused families.
Welcome to Paradise found on Paradise Drive! Enjoy The Islands Lifestyle in the desired Gated Community of The Falls at Coral Point. This Community offers residents a beautiful Clubhouse, Sparkling Pool & Relaxing Spa with pristine views of one of The Islands majestic lakes... from just a short walk or drive down the street. Modern 3Bedroom /2 Bath home. Enjoy the shaded privacy of your Wrap-around Backyard Patio which has 4 citrus trees. Enjoy even more, having the HOA cover your weekly Yard Maintenance & the Exterior Paint of your Home taken care of. This home is exceptionally Clean and Move-in Ready. Very Open Floor plan. Close to shopping and dining.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 0.9 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,504 | 1,942 | 15% |
| Lot Size | 4,195 | 7,139 | 2% |
| Price | $485.3K | $443.0K | 59% |
| Price per sq ft | $323 | $230 | 86% |
| Built year | 1995 | 1994 | 55% |
| HOA | $298 | $102 | 91% |
| Days on market | 85 | 2291 | 1% |
Jan 27, 2026
$485,297
Initial Listing