518 S Lagoon Drive, Gilbert, AZ 85233

Gilbert
Local realty services provided by:ERA Four Feathers Realty, L.C.
518 S Lagoon Drive,Gilbert, AZ 85233
$995,000
  • 3 Beds
  • 2 Baths
  • 2,613 sq. ft.
  • Single family
  • Active
Listed by: lorraine a. moller, sheri k bader
Office: keller williams realty phoenix
MLS#:6987138
Source:ARMLS

Price summary

  • Price:$995,000
  • Price per sq. ft.:$380.79
  • Monthly HOA dues:$67

About this home

Spectacular waterfront in The Islands! This single story home features 3 beds + huge office easily converted to spacious 4th bed, 2 updated baths & 3-car garage for extra storage. Amazing backyard featuring pool w baja shelf & waterfall, removable safety fence, extended covered patio w shade structure, fun putting green & private dock for pontoon or kayaks. Extensive renovations to open kitchen to FR. Spacious primary bedroom w luxurious ensuite (tub w jets, extended walk-in shower, double sinks, & custom cabinets). Home perfect for relaxing or entertaining. Enter to LR/DR, move into FR w fireplace & wet bar, then enter redesigned kitchen w huge island & eat-in area overlooking backyard. Step outside to backyard oasis... relax in the pool, enjoy Arizona sunsets, or fish from the dock.. You'll love the location--home just minutes from Downtown Gilbert or Chandler restaurant districts & easy access to Hwy 60/101/202 . The Islands offers 3 lakes, large community park w sporting...

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Home facts

  • Year built:1986
  • Listing ID #:6987138
  • Updated:May 16, 2026 at 02:55 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Flooring:Carpet, Tile
  • Living area:2,613 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s)
  • Heating:Electric, Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:1986
  • Building area:2,613 sq. ft.
  • Lot area:0.2 Acres
  • Lot Features:Auto Timer H2O Back, Auto Timer H2O Front, Desert Front, East/West Exposure, Sprinklers In Front, Sprinklers In Rear, Synthetic Grass Back
  • Architectural Style:Spanish
  • Construction Materials:Painted, Stucco

Schools

  • High school:Mesquite High School
  • Middle school:Mesquite Jr High School
  • Elementary school:Islands Elementary School

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$995,000
  • Price per sq. ft.:$380.79
  • Tax amount:$3,757 (2025)

Features and amenities

  • Laundry features:Washer/Dryer Hook-up Only
  • Pool features:Play Pool, Variable Speed Pump

Parking

  • Parking description:Attached Garage Cabinets
  • Garage:Yes
  • Garage spaces:3
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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