
Gilbert, AZ 85233
This Stunning Move-In Ready Home is a High-Potential Investment Opportunity, listed at $615,000—positioned well below the $709,622 Fair Market Value by 13%. This valuation gap offers $94,622 in Instant Equity. Featuring an Excellent Condition Rating with HGTV-featured designer finishes, a sparkling pool, and lake views, this property requires zero immediate work. Located in The Islands near top-rated schools, it balances luxury lifestyle with financial security. This is an ideal acquisition for Owner-Occupants or savvy investors seeking a premium, turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 638 S SURFSIDE Drive Subject | $615,000* List Price | 3 | 3 | 2,496 | $284 | - |
A 1231 W SANDMAN Drive Sold | $525,000 | 4 | 3 | 2,282 | $230 | 0.8 mi |
B 518 S QUAIL Lane Sold | $510,000 List Price | 3 | 2 | 1,642 | 0.3 mi | |
C 354 S Bayshore Boulevard Sold | $505,000 | 3 | 2 | 1,582 | $319 | 0.6 mi |
D 1002 S PORT Drive Active | $584,999 List Price | 3 | 3 | 1,883 | $311 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1990, the home underwent a major HGTV renovation in 2017 and received extensive high-end updates in 2025-2026, including brand-new appliances, modern LVP flooring, fresh paint, and a new RO system. With renovated marble baths, a new patio roof, and meticulously maintained HVAC, the property is in mint condition with no deferred maintenance.
Featured on HGTV’s 'Love It or List It,' this home boasts high-end designer finishes, including marble tile, modern LVP flooring, and brand-new 2025-2026 appliances, offering a move-in-ready luxury experience.
Situated in the prestigious 'The Islands' subdivision, the property overlooks a sprawling greenbelt with lake views and is located just minutes from the highly desirable dining and shopping of Downtown Gilbert.
The property features significant recent capital improvements, including a brand-new RO system, new patio roof, and maintenance-free landscaping with new turf, ensuring reduced immediate ownership costs.
With a lot size of 4,739 sqft for a nearly 2,500 sqft home, the outdoor space may feel constrained for buyers seeking a large private yard or significant separation from neighbors.
The assigned public schools currently hold average ratings (ranging from 4 to 6), which may be a consideration for families prioritizing top-tier academic performance scores in the Gilbert area.
Overlooking a sprawling greenbelt with beautiful lake views nearby, this stunning 3BR + office + loft, 2.5BA, 2-story home in The Islands offers designer living! Featured on HGTV's Love It or List It in 2017, showcasing a sparkling pool, maintenance-free landscaping with brand-new turf and rock, fresh Agreeable Gray interior paint, and modern gray LVP flooring. Renovated baths, and a luxurious primary suite include marble tile, chandelier lighting, double sinks, and new toilets (TOTO & Kohler). Additional upgrades include a brand-new RO system installed 5/13/2026, new appliances (Electrolux, Frigidaire & Whirlpool 2025-2026), new patio roof, and meticulously maintained HVAC. Near top schools and minutes from vibrant Downtown Gilbert dining & shopping. Live your dream in paradise!
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades PK-6 • 1.0 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 2,496 | 1,983.5 | 74% |
| Lot Size | 4,739 | 7,340 | 7% |
| Price | $615.0K | $215.0K | 77% |
| Price per sq ft | $246 | $100 | 60% |
| Built year | 1990 | 1994 | 15% |
| HOA | $148 | $104 | 62% |
| Days on market | 22 | 2502 | 1% |
May 15, 2026
$615,000
Initial Listing