
Gilbert, AZ 85233
This Renovated Waterfront Residence is listed at $569,900, positioned accurately at its $569,900 Fair Market Value. Boasting an Excellent Condition Rating, the home features a comprehensive 2024-2025 remodel including a new 17-seer HVAC, new roof underlayment, and a designer quartz kitchen. The property offers a rare lakeside lifestyle on a quiet cul-de-sac, featuring a primary suite soaking tub with direct water views and a private patio. This move-in-ready sanctuary is an exceptional find for Owner-Occupants or lifestyle-focused buyers seeking a maintenance-free transition in Gilbert.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 786 S CATALINA Street Subject | $569,500* List Price | 3 | 2 | 1,691 | $337 | - |
A 518 S QUAIL Lane Sold | $510,000 List Price | 3 | 2 | 1,642 | 0.6 mi | |
B 132 W JASPER Drive Sold | $535,000 | 3 | 2 | 1,548 | $346 | 0.6 mi |
C 501 W SERENO Drive Sold | $469,000 | 3 | 2 | 1,424 | $329 | 0.4 mi |
D 861 W SHELLFISH Drive Sold | $550,000 | 3 | 3 | 1,704 | $323 | 0.8 mi |
E 861 W SHELLFISH Drive Sold | $550,000 | 3 | 3 | 1,704 | $323 | 0.8 mi |
F 501 W SERENO Drive Sold | $469,000 | 3 | 2 | 1,424 | $329 | 0.4 mi |
G 159 W GAIL Drive Active Under Contract | $475,000 List Price | 3 | 2 | 1,640 | $290 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1994, the property has undergone an extensive and comprehensive renovation within the last year (2024-2025), meeting the criteria for 'excellent' condition. The home features a brand-new 17-seer HVAC system (2024), new roof underlayment (2025), and a fully modernized interior. The kitchen is updated with shaker cabinets, quartz countertops, and new stainless steel appliances, while the bathrooms feature contemporary tile work and a designer soaking tub. With new laminate flooring, modern lighting, and no deferred maintenance, the property is in like-new condition.
Situated on a desirable cul-de-sac lot, this property offers direct lake access and serene water views from the primary suite and backyard, providing a rare 'oasis' feel in a suburban setting.
The home features significant high-ticket updates, including a brand-new 17-seer HVAC system installed in 2024 and new roof underlayment completed in 2025, ensuring immediate peace of mind for the buyer.
The interior has been comprehensively remodeled with contemporary finishes such as quartz countertops, shaker cabinetry, laminate flooring, and a designer primary bathroom with a lake-view soaking tub.
The assigned public schools for this address currently hold lower ratings (4/10), which may be a concern for families prioritizing high-performing academic environments.
With a lot size of approximately 5,327 square feet, the outdoor space is relatively compact, offering less privacy and yard area compared to other single-family residences in the Gilbert market.
BACK ON THE MARKET.This gorgeous 3 bed/2 bath cul-de-sac waterfront home blends style & comfort in a bright layout full of modern touches, featuring laminate floors,vaulted ceilings, contemporary lighting and custom design wall w/electric fireplace. Beautiful kitchen with shaker cabinets, backsplash, quartz countertops, all new appliances and pantry. Primary suite with custom design throughout from accent wall to a soaking tub with added features to enjoy long relaxing baths while gazing at the lake. Both bathrooms offer beautiful tiled showers, modern light fixtures. Secondary rooms with soaring ceilings and ample room. Step out back to your lakeside oasis, enjoy your morning coffee &watch ducks & birds.Located near Downtown Gilbert- Gilbert Schools and more... 2024- HVAC 4 ton- 17 seer unit. All new roof underlayment-October 2025.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades 6-8 • 0.6 mi
Grades 8-12 • 1.7 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 | 1,691 | 1,942 | 31% |
| Lot Size | 5,327 | 7,139 | 14% |
| Price | $569.5K | $443.0K | 76% |
| Price per sq ft | $337 | $230 | 91% |
| Built year | 1994 | 1994 | 50% |
| HOA | $86 | $100 | 44% |
| Days on market | 170 | 2292 | 4% |
Apr 16, 2026
$569,500
$569,900
+0% Price Increase
Initial Listing
Nov 4, 2025
$569,900
Initial Listing