929 S SCALLOP Drive, Gilbert, AZ 85233, Gilbert, 85233 - 3 bed, 3 bath
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Gilbert, AZ 85233
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $485,000—positioned well below the $551,630 Fair Market Value by 12%. This valuation gap offers $66,630 in Instant Equity for the buyer. Featuring a Mint Condition Rating with recent renovations, quartz counters, and a Master Bedroom Deck with Lake Views, this home offers a premium lifestyle. It is an ideal acquisition for Owner-Occupants seeking immediate comfort or first-time buyers prioritizing a move-in ready property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 929 S SCALLOP Drive Subject | $485,000* List Price | 3 | 3 | 1,687 | $327 | - |
A 861 W SHELLFISH Drive Sold | $550,000 | 3 | 3 | 1,704 | $323 | 0.7 mi |
B 354 S Bayshore Boulevard Sold | $505,000 | 3 | 2 | 1,582 | $319 | 0.7 mi |
C 861 W SHELLFISH Drive Sold | $550,000 | 3 | 3 | 1,704 | $323 | 0.7 mi |
D 1334 W SEASHORE Drive Sold | $399,998 List Price | 3 | 2 | 1,852 | 0.7 mi | |
E 1513 W SHELLFISH Drive Active | $494,500 List Price | 3 | 2 | 1,644 | $301 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure was built in 1993, the property has undergone a recent comprehensive renovation (likely <5 years) including updated flooring, fresh paint, and modernized kitchen and bathrooms with quartz countertops. The interior appears in mint condition and is fully move-in ready.
The property features significant recent renovations, including updated flooring, fresh paint, and modernized kitchen and bathrooms with quartz countertops, offering a move-in-ready experience.
Located in the desirable Islands subdivision, the home includes lake passes and is situated directly across from the community pool, providing an active lifestyle and easy access to recreation.
The master bedroom features a private deck with lake views, allowing owners to enjoy the aesthetic benefits of a waterfront community without the higher price tag of a lakefront lot.
The association fee of $401 is a substantial recurring cost that may impact the overall monthly affordability and debt-to-income ratio for prospective buyers.
The assigned public schools for this address currently hold moderate ratings (ranging from 4 to 6), which may be a concern for families prioritizing top-tier educational performance.
LAKE VIEWS! This spacious home features 3 bedrooms and 2.5 bathrooms recently updated flooring, paint, kitchen and bathrooms, including a master bath with quartz counters, double sinks, a separate shower, and a tub for added comfort. Lake views from the master bedroom deck without the price of being on the water! Perfect location, across the street from the community pool and mailboxes. The attached garage provides secure parking and extra storage. Enjoy the comfort and amenities of this lovely residence and community in a desirable neighborhood. Lake passes included with the sale. Come check out the new lifestyle that can be yours!
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 0.9 mi
Grades 6-8 • 1.7 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 | 60% |
| Square foot | 1,687 | 1,952.5 | 31% |
| Lot Size | 5,365 | 7,258.5 | 13% |
| Price | $485.0K | $215.0K | 57% |
| Price per sq ft | $287 | $100 | 74% |
| Built year | 1993 | 1994 | 45% |
| HOA | $401 | $102 | 97% |
| Days on market | 10 | 2464 | 1% |
May 27, 2026
$485,000
Initial Listing