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
Sold for $960,000
Zestimate®
$960,000
518 S LAGOON Drive, Gilbert, AZ 85233
3beds
2,613sqft
Single Family Residence
Built in 1986
8,908 Square Feet Lot
$960,000 Zestimate®
$367/sqft
$3,229 Estimated rent
Home value
$960,000
$883,000 - $1.05M
$3,229/mo
Zestimate® history
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$5,908/mo
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$5,908/mo
Est. payment
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Covered patioPutting greenFish from the dock
Zillow last checked:
Listing updated:
Listed by:
Lorraine A. Moller 480-650-1260,
Keller Williams Realty Phoenix,
Sheri K Bader 480-268-4540,
Keller Williams Realty Phoenix
Bought with:
Julie Cambier, SA665114000
Niksi
Source: ARMLS,MLS#: 6987138
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat Pump, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Oven, Electric Cooktop, Water Purifier
- Laundry: Inside
Features
- Quartz Countertops, High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Carpet, Tile
- Windows: Solar Screens
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Family Room
Interior area
- Total structure area: 2,613
- Total interior livable area: 2,613 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached, Garage Door Opener, Direct Access, Attch'd Gar Cabinets
- Attached garage spaces: 3
- Uncovered spaces: 3
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Rain Gutters
- Has private pool: Yes
- Pool features: Variable Speed Pump, Play Pool, Fenced
- Spa features: None, Bath
- Fencing: Block,Wrought Iron
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Waterfront
Lot
- Size: 8,908 sqft
- Features: East/West Exposure, Waterfront, Sprinklers In Rear, Sprinklers In Front, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Details
- Parcel number: 30296308
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Spanish
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Foundation: Slab
- Roof: Tile
Condition
- Year built: 1986
Details
- Builder name: UDC
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Green energy
- Energy efficient items: Multi-Zones
Community & neighborhood
Community
- Community features: Lake, Playground, Biking/Walking Path
Location
- Region: Gilbert
- Subdivision: The Islands - Windhaven
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $402 semi-annually
- Services included: Maintenance Grounds
- Association name: The Islands
- Association phone: 480-545-7740
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Sold | $960,000-2%$367/sqft |
Source:  ARMLS #6987138 Report a problem | ||
| 5/20/2026 | Pending sale | $980,000$375/sqft |
Source: ARMLS #6987138 Report a problem | ||
| 5/18/2026 | Price change | $980,000-1.5%$375/sqft |
Source: ARMLS #6987138 Report a problem | ||
| 4/30/2026 | Price change | $995,000-2.5%$381/sqft |
Source: ARMLS #6987138 Report a problem | ||
| 4/15/2026 | Price change | $1,020,000-1.4%$390/sqft |
Source: ARMLS #6987138 Report a problem | ||
| 3/28/2026 | Price change | $1,035,000-1.4%$396/sqft |
Source: ARMLS #6987138 Report a problem | ||
| 2/25/2026 | Listed for sale | $1,050,000+214.7%$402/sqft |
Source: ARMLS #6987138 Report a problem | ||
| 3/4/2012 | Sold | $333,680-4.4%$128/sqft |
Source: ARMLS #4696633 Report a problem | ||
| 1/30/2012 | Price change | $349,000-7.9%$134/sqft |
Source: Realty Executives #4696633 Report a problem | ||
| 1/14/2012 | Price change | $379,000-2.8%$145/sqft |
Source: Realty Executives #4696633 Report a problem | ||
| 1/6/2012 | Listed for sale | $389,900$149/sqft |
Source: Realty Executives #4696633 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,708 +4.5% | $71,370 -3.4% |
| 2024 | $3,549 -0.6% | $73,880 +70.7% |
| 2023 | $3,572 +2% | $43,276 -9.8% |
| 2022 | $3,501 -2.1% | $48,000 +5.8% |
| 2021 | $3,577 +9% | $45,360 +1.2% |
| 2020 | $3,282 +3.4% | $44,820 +10.5% |
| 2019 | $3,173 | $40,550 +6.8% |
| 2018 | $3,173 +4% | $37,970 +0.8% |
| 2017 | $3,052 +6.6% | $37,660 -2% |
| 2016 | $2,863 -4% | $38,410 +0.1% |
| 2015 | $2,981 | $38,380 +30% |
| 2014 | -- | $29,530 +16.4% |
| 2013 | -- | $25,360 +7.1% |
| 2012 | -- | $23,680 -7.1% |
| 2011 | -- | $25,480 -17.6% |
| 2010 | -- | $30,910 -14.5% |
| 2009 | -- | $36,160 -13.5% |
| 2008 | -- | $41,800 +7.2% |
| 2007 | -- | $39,000 +63.5% |
| 2006 | -- | $23,850 |
| 2005 | -- | $23,850 +18.4% |
| 2004 | -- | $20,150 |
| 2003 | -- | $20,150 |
| 2002 | -- | $20,150 |
Find assessor info on the county website
Neighborhood: The Islands
Nearby schools
GreatSchools rating
- 9/10Islands Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 6/10Mesquite High SchoolGrades: 8-12Distance: 0.6 mi
- 5/10Mesquite Jr High SchoolGrades: 6-8Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Islands Elementary School
- Middle: Mesquite Jr High School
- High: Mesquite 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
$960,000
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
$960,000
- Arizona
- Maricopa County
- Gilbert
- 85233
- The Islands
- 518 S LAGOON Drive
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