
Gilbert, AZ 85233
This Stunning Waterfront Sanctuary is a Strong Value Opportunity, listed at $1,100,000—positioned well above the $1,047,398 Fair Market Value by 5%. While priced at a premium, the property offers a Mint Condition Rating following a comprehensive remodel, featuring a Chef’s Kitchen with granite countertops and a Resort-Style Backyard with a private dock and pool. With 3,251 sqft of living space, this home provides an elevated lifestyle for Luxury Homebuyers and Owner-Occupants seeking a turnkey, high-end waterfront residence in Gilbert.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 927 W Grand Caymen Drive Subject | $1,083,000* List Price | 5 | 3 | 3,251 | $320 | - |
A 1434 W KEY HARBOR Drive Sold | $1,200,000 List Price | 4 | 3 | 3,034 | 0.5 mi | |
B 1224 W SHERRI Drive Sold | $760,000 List Price | 4 | 3 | 2,856 | 0.5 mi | |
C 1012 W CALYPSO Court Sold | $925,000 List Price | 4 | 4 | 3,911 | 0.7 mi | |
D 915 W Grand Caymen Drive Active Under Contract | $1,199,000 List Price | 5 | 3 | 3,251 | $369 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1992, the property has undergone a comprehensive modern remodel within the last 5 years. The kitchen is fully updated with custom cabinetry, granite countertops, and new appliances. The interior features new wood-look flooring, fresh paint, and updated fixtures throughout, meeting the criteria for mint condition with no immediate maintenance required.
This rare waterfront property features a private dock and expansive lake views, offering a highly sought-after resort lifestyle in the desert.
The home boasts a comprehensive remodel, highlighted by a chef’s kitchen with custom cabinetry, granite countertops, and high-end appliances.
With over 3,200 sqft of living space and a large 9,862 sqft lot, the property provides ample room for large families and outdoor entertaining.
The assigned public schools carry modest ratings ranging from 4 to 6 out of 10, which may be a drawback for education-focused buyers at this price point.
Originally constructed in 1992, the home may soon require capital improvements for major systems like the roof or HVAC that were not explicitly mentioned as updated.
SPECTACULAR WATERFRONT home on a HUGE lot, offering breathtaking lake views from multiple areas of the home! This home has been remodeled and is gorgeous inside and out. The beautifully updated kitchen featuring custom cabinetry, granite countertops and all new appliances. Large kitchen island. It has five spacious bedrooms, three bathrooms, formal living room and family room with a fire place. Relax in the resort-style backyard which includes a sparkling swimming pool, private dock and the amazing view of the LAKE. Don't miss this rare waterfront gem! You will never want to leave!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 1.2 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,251 | - |
| Lot Size | 9,862 | - |
| Price | $1.08M | $554.5K |
| Price per sq ft | $333 | $287 |
| Built year | 1992 | 0 |
| HOA | $401 | $0 |
| Days on market | 27 | 2717 |
Jul 22, 2026
$1,083,000
$1,100,000
-2% Price Drop
Initial Listing
Jun 25, 2026
$1,100,000
Initial Listing