
Gilbert, AZ 85233
This Stunning Waterfront Townhouse in "The Islands" is listed at $575,000, positioned competitively near its $561,562 Fair Market Value. Boasting an Excellent Condition Rating following extensive renovations, the interior features a remodeled quartz kitchen, stainless appliances, and energy-efficient windows. The exterior serves as a tropical backyard oasis with lush palms and a tranquil waterfall. With a functional layout including dual upstairs master suites and proximity to Islands Elementary School, this home offers a turnkey resort lifestyle. It is a premier choice for Owner-Occupants or growing families seeking a polished, move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 522 S MARINA Drive Subject | $569,900* List Price | 3 | 3 | 2,003 | $282 | - |
A 1155 W EDGEWATER Drive Sold | $455,000 List Price | 2 | 3 | 1,359 | 0.4 mi | |
B 517 S MARINA Drive Active | $595,000 List Price | 3 | 3 | 2,003 | $297 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations that meet modern quality standards. The kitchen is fully remodeled with quartz countertops, high-end stainless steel appliances, and updated cabinetry. The bathrooms have been modernized with contemporary features such as a standalone soaking tub and a glass-enclosed shower. With energy-efficient windows, neutral tile flooring, and well-maintained systems, the home shows no signs of deferred maintenance and is in move-in-ready condition.
The property boasts a rare waterfront location with lush landscaping, island palms, and a soothing waterfall, creating a year-round vacation atmosphere in the backyard.
The home features a large remodeled kitchen with quartz countertops, stainless steel appliances, and gas features, along with energy-efficient windows and updated bathrooms.
The floorplan is highly functional, offering a convenient downstairs bedroom and full bath plus two master suites upstairs, providing excellent privacy for multi-generational living or guests.
The monthly association fee of $359 is a significant recurring cost that may impact the overall affordability and budget for some prospective buyers.
Built in 1986, the property may have aging infrastructure or systems that require more frequent maintenance compared to newer builds in the Gilbert area.
Looking for a waterfront property with a backyard that makes you feel you have your own tropical island.....come view this special home today. Lush landscaping, island palms, soothing tranquil waterfall sounds make you feel you are on vacation year round...inside you will find an open floorplan, large remodeled kitchen with s/s appliances, newer cabinetry, convection oven w/ gas features, quartz counters, energy efficient windows, neutral tile flooring The floorplan boasts bedroom downstairs & full bath and dual master bedrooms & baths upstairs updated as well. Vaulted ceilings, full interior just painted, cozy fireplace & kitchen w nook for those amazing views as well. Best buy in the Islands for waterfront! Show and sell! Seller will look at all reasonable offers.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 1.0 mi
Grades 6-8 • 1.5 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 | 4,630 | 2,139 | 92% |
| Price | $569.9K | $0 | 83% |
| Price per sq ft | $285 | $0 | 83% |
| Built year | 1986 | 1996 | 8% |
| HOA | $359 | $182 | 92% |
| Days on market | 101 | 2978 | 8% |
Apr 16, 2026
$569,900
$575,000
-1% Price Drop
Initial Listing
Jan 11, 2026
$575,000
Initial Listing