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518 S LAGOON Drive, Gilbert, AZ 85233 (Sold on )

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  • The seller has accepted an offer on this property.

 $980,000

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  • 3 BedBeds
  • 2 BathBaths
  • 2,613 SqftSqft
  • TypeSingle Family
  • Pending Under Contract
  • MLS# 6987138

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Property Description

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. Amazing backyard featuring pool w baja shelf & waterfall, removable safety fence, extended covered patio w shade structure, putting green & private dock for pontoon/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 dock. Check Video & Updates Tab Just minutes to Downtown Gilbert/Chandler restaurants plus easy access to Hwy 60/101/202. The Islands offers 3 lakes, large community park w basketball, volleyball, bocce ball courts & Community Center that offers social events throughout the year, including: concerts in the park, car show, Easter Egg Hunt, Holiday Christmas Tree lighting event & boat parades on each lake.

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Property Details 518 S LAGOON Drive, Gilbert, AZ 85233

General

  • MLS#: 6987138
  • Property Type: Single Family
  • Property Sub Type: Single Family Residence
  • List Date: 02/19/2026
  • Year Built: 1986
  • Subdivision: The Islands - Windhaven
  • County: Maricopa
  • Beds: 3
  • Full Bath: 2
  • Total Baths: 2
  • Pool: Variable Speed Pump, Play Pool, Fenced
  • Community Features: Lake, Playground, Biking/Walking Path
  • Energy/Green Features: Multi-Zones
  • Tax Year: 2025
  • Annual Taxes: $3,757.00
  • Association Fee: $401.81
  • Association Fee Frequency: Semi-Annually
  • Association Fee Includes: Maintenance Grounds

Interior Features

  • Interior Features: Quartz Countertops, High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Flooring: Carpet, Tile
  • Laundry: Inside, Wshr/Dry HookUp Only
  • Spa: None
  • Fireplace: Wood Burning, Family Room

Exterior Features

  • Exterior Features: Rain Gutters

Schools

  • Elementary: Islands Elementary School
  • Middle or Junior: Mesquite Jr High School
  • High: Mesquite High School
  • School District: Gilbert Unified District

Structure

  • Style: Spanish
  • Roof: Tile
  • Garage Spaces: 3
  • Parking: Attached Garage, Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Construction Type: Stucco, Wood Frame, Painted

Size & Lot

  • Total Sq.Ft: 2,613
  • Acres: 0.20
  • Lot Size: 0.2000
  • Approx Lot SqFt: 8,908
  • Lot Features: East/West Exposure, Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heat Source: Heat Pump, Electric
  • Sewer: Public Sewer

Estimated Monthly Mortgage Calculator

This calculator is provided for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.


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