770 S OCEAN Drive, Gilbert, AZ 85233, Gilbert, 85233 - 4 bed, 3 bath
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Gilbert, AZ 85233
This Luxury Waterfront Sanctuary is listed at $1,149,000, offering a premier lifestyle within the sought-after Islands community. Featuring an Excellent Condition Rating, the home showcases a fully remodeled chef's kitchen with marble surfaces and a private boat dock for direct lake access. While the price aligns with the $1,102,962 Fair Market Value, the extensive high-end upgrades and proximity to Islands Elementary provide significant intrinsic value. This turnkey residence is an ideal match for Luxury Home Seekers or Owner-Occupants looking for a sophisticated, move-in-ready retreat in Gilbert.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 770 S OCEAN Drive Subject | $1,149,000* List Price | 4 | 3 | 2,757 | $400 | - |
A 940 W COAST Drive Sold | $1,000,000 | 4 | 2 | 2,507 | $399 | 0.6 mi |
B 820 S COPPER KEY Court Sold | $1,220,000 | 5 | 3 | 3,251 | $375 | 0.1 mi |
C 926 W COAST Drive Sold | $1,125,000 List Price | 4 | 2 | 2,583 | 0.6 mi | |
D 510 S LAGOON Drive Active | $995,888 List Price | 4 | 3 | 2,493 | $399 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that includes a fully remodeled chef's kitchen with high-end custom cabinetry, marble surfaces, and premium appliances. The bathrooms have been modernized with contemporary tile work and frameless glass showers, and new flooring is present throughout the home. Despite the 1994 build year, the interior components and finishes meet current luxury standards with no visible deferred maintenance.
Situated in the prestigious Islands community, this property features a private, oversized boat dock and panoramic lake views, offering a rare luxury lifestyle with direct water access.
The fully remodeled kitchen boasts an expanded marble island, custom cabinetry, and professional-grade appliances, including a 7-burner cooktop and double ovens.
The home offers a highly desirable 4-bedroom split floor plan with soaring ceilings, new flooring throughout, and updated bathrooms, providing a contemporary move-in-ready experience.
The assigned middle and high schools currently hold lower ratings (4/10), which may be a consideration for families prioritizing top-tier educational performance.
Despite the extensive interior renovations, the 1994 construction may require future maintenance or updates to original exterior elements and major mechanical systems.
Islands stunning waterfront single-level 4-bdrm split floor plan and a 3 car garage. From the moment you enter, you are greeted by breathtaking lake views, soaring ceilings, and plantation shutters that frame the open, spacious layout. The home features a fully remodeled chef's kitchen with an expanded marble oversized island, high-end custom cabinetry, a professional 7-burner cooktop, dble ovens, all new premium appliances including refrigerator and dishwasher's, New flooring throughout, beautifully updated bathrooms, and an expansive primary suite offers large walk-in closets and a true retreat feel. Step outside to an large, covered patio overlooking your private waterfront oasis with panoramic views and one of the largest boat docks, perfect for a pontoon boat or kayak
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 0.8 mi
Grades 6-8 • 1.3 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 | 56% |
| Square foot | 2,757 | 1,963 | 84% |
| Lot Size | 8,573 | 7,148.5 | 74% |
| Price | $1.15M | $446.0K | 98% |
| Price per sq ft | $417 | $233 | 99% |
| Built year | 1994 | 1994 | 50% |
| HOA | $401 | $102 | 98% |
| Days on market | 48 | 2273 | 1% |
Mar 5, 2026
$1,149,000
Initial Listing