518 S Lagoon Drive, Gilbert, AZ 85233

Gilbert
Local realty services provided by:HUNT Real Estate ERA
518 S Lagoon Drive,Gilbert, AZ 85233
$1,035,000
  • 3 Beds
  • 2 Baths
  • 2,613 sq. ft.
  • Single family
  • Active
Listed by: lorraine a. moller, sheri k bader
Office: keller williams realty east valley
MLS#:6987138
Source:ARMLS

Price summary

  • Price:$1,035,000
  • Price per sq. ft.:$396.1
  • Monthly HOA dues:$67

About this home

NEW PRICE! Lake Living at its Finest! Fish or boat from dock! Watch amazing sunsets from backyard! Or relax on the Baja shelf in your sparkling pool. This updated 1-story home is located in Gilbert's sought after ''The Islands'' lake community! Sellers invested over $250k in renovations over the years. Home features 3 beds, + office w double doors, separate living room & dining room. Cozy family room w fireplace open to remodeled kitchen w granite & quartz counters. Large primary bedroom w amazing ensuite. Step outside to spacious covered patio, pool and putting green. Desert landscaping front. ''The Islands'' offers community park w playgrounds, running track & sports courts and several events throughout the year: concerts in the park, boat parades, car show, and much more!

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Home facts

  • Year built:1986
  • Listing ID #:6987138
  • Updated:March 28, 2026 at 11:48 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:$1,035,000
  • Price per sq. ft.:$396.1
  • Tax amount:$3,757 (2025)

Features and amenities

  • 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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