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Sold for $1,530,000
  • $1,530,000

    165 E WATER TANK Road, Gilbert, AZ 85296

    3beds
    2,667sqft
    Single Family Residence
    Built in 1985
    1.51 Acres Lot
    $1,530,200 Zestimate®
    $574/sqft
    $3,835 Estimated rent

    Home value

    $1,530,200

    $1.41M - $1.65M

    $3,835/mo

    Zestimate® history
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    What's special

    Fully remodeled farmhouseFully fenced propertyRaised gardenScotsman nugget ice makerExtensive cabinetryOversized rain showerAndersen windows and doors
    Rare opportunity to own a fully remodeled farmhouse on 1.5 acres near Downtown Gilbert. Updated in 2021, this thoughtfully designed home offers nearly 2,700 square feet with 3 bedrooms, 2 bathrooms, and a bright open-concept layout filled with natural light from Andersen windows and doors, complemented by quality wood flooring throughout. The chef's kitchen was designed for both everyday living and entertaining, featuring quartz countertops, extensive cabinetry, a 12-foot island with a secondary sink, 36-inch farmhouse sink, KitchenAid stainless steel appliances including double ovens, oversized refrigerator/freezer, Scotsman nugget ice maker, and a dedicated coffee bar. The spacious primary suite offers a true retreat with dual vanities, soaking tub, oversized rain shower, and a large walk-in closet. Built with efficiency and comfort in mind, the home includes spray foam insulation, dual high-efficiency AC units, tankless water heater, whole-home water purification and softener system, and a 400-amp electrical panel with capacity for both the home and workshop. The backyard is designed for both relaxation and recreation, featuring 5,000 square feet of artificial turf with a 4-hole putting green and a refinished 30,000-gallon diving pool complete with baja step, PebbleTec finish, umbrella sleeves, and a saltwater system. The fully fenced property includes over 30 mature fruit trees, a raised garden, and flood irrigation. A 3,500 square foot workshop offers incredible flexibility with three insulated, air-conditioned rooms ideal for hobbies, storage, or workspace. Additional features include a 2,000-gallon septic system allowing for future expansion and private access to the SRP canal for walking, biking, horseback riding, or fishing. With room for horses, livestock, and endless possibilities, this property offers the perfect blend of modern farmhouse living, privacy, and space... all just minutes from the heart of Gilbert.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie Troy 602-793-6518,

    SERHANT.

    Bought with:

    Non-Represented Buyer

    Non-MLS Office

    Source: ARMLS,MLS#: 7026428MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Washer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Electric Oven
    • Laundry: Inside
    Features
    • Quartz Countertops, Double Vanity, No Interior Steps, Kitchen Island, Full Bth Master Bdrm
    • Flooring: Wood
    • Windows: Double Pane Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,667
    • Total interior livable area: 2,667 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Detached Garage, RV Access/Parking, RV Gate
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Covered
    • Exterior features: Storage, RV Hookup
    • Has private pool: Yes
    • Pool features: Diving Pool, Fenced
    • Spa features: None
    • Fencing: Block,Wrought Iron,Wood
    Lot
    • Size: 1.51 Acres
    • Features: North/South Exposure, Cul-De-Sac, Grass Front, Grass Back, Irrigation Front, Irrigation Back
    Details
    • Additional structures: Workshop, Shed(s)
    • Parcel number: 30426880
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Frame, Painted
    • Roof: Composition
    Condition
    • Year built: 1985

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: City Water
    Green energy
    • Water conservation: Tankless Ht Wtr Heat

    Community & HOA

    Community
    • Subdivision: Metes and bounds
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Gilbert

    Financial & listing details

    • Price per square foot: $574/sqft
    • Tax assessed value: $812,000
    • Annual tax amount: $2,624
    • Date on market: 5/15/2026
    • Cumulative days on market: 94 days
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/17/2026Sold$1,530,000-7.3%$574/sqft
    Source: ARMLS #7026428 Report a problem
    6/15/2026Price change$1,650,000-8.3%$619/sqft
    Source: ARMLS #7026428 Report a problem
    5/15/2026Listed for sale$1,800,000+614.3%$675/sqft
    Source: ARMLS #7026428 Report a problem
    11/25/2009Sold$252,000$94/sqft
    Source: ARMLS #4192110 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,607 +4%$81,200 -2.9%
    2024$2,506 -0.9%$83,660 +164.3%
    2023$2,528 +2.5%$31,655 -43.2%
    2022$2,467 -3.9%$55,760 +4.5%
    2021$2,566 +8.8%$53,360 +21.8%
    2020$2,358 +3.2%$43,800 +6.1%
    2019$2,286 $41,280 +9.3%
    2018$2,286 +3.7%$37,780 +9.6%
    2017$2,205 +6.1%$34,470 +3.8%
    2016$2,079 -8.1%$33,220 +2.9%
    2015$2,262 $32,280 +34.2%
    2014-- $24,060 +29.7%
    2013-- $18,550 -16.9%
    2012-- $22,330 -11.3%
    2011-- $25,170 -16%
    2010-- $29,980 -40.8%
    2009-- $50,630 -14.7%
    2008-- $59,350 +22.6%
    2007-- $48,400 +72.5%
    2006-- $28,050
    2005-- $28,050 +39.2%
    2004-- $20,150
    2003-- $20,150 +18.2%
    2002-- $17,050
    Find assessor info on the county website

    Neighborhood: 85296

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gilbert Elementary School
    • Middle: Mesquite Jr High School
    • High: Gilbert High School
    • District: Gilbert Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,530,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,530,200