Welcome to this exceptional waterfront property in Playa del Rey- a private, gated community offering one of the only ski/wakeboard lake communities in the East Valley! This stunning 5-bedroom, 4-bathroom 3-car garage home sits on a spacious, waterfront lot. The large, open floorplan features 2 bedrooms and bathrooms downstairs for added convenience. This home is an open canvas, ready for you to bring your vision to life. Whether you dream of creating a luxurious outdoor living space or enhancing the living areas, the possibilities are endless. The serene setting and prime location make this home a rare find. Welcome to your new home!
For sale
Price cut: $30.9K (9/2)
$819,000
589 N Acacia Drive, Gilbert, AZ 85233
5beds
4,063sqft
Single Family Residence
Built in 2000
8,902 Square Feet Lot
$-- Zestimate®
$202/sqft
$300/mo HOA
What's special
Waterfront propertyLarge open floorplanSpacious waterfront lotSerene setting
- 57 days
- 971
- 68
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Heidi Kory 480-203-4534,
The Arrow Agency
Source: ARMLS,MLS#: 7053458
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Washer, Refrigerator, Gas Range, Gas Oven
Features
- Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Carpet, Tile
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 4,063
- Total interior livable area: 4,063 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage, Open
- Garage spaces: 3
- Uncovered spaces: 3
Features
- Stories: 2
- Patio & porch: Patio
- Spa features: None
- Fencing: Block,Partial
- On waterfront: Yes
- Waterfront features: Waterfront
Lot
- Size: 8,902 Square Feet
- Features: Waterfront, Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back
Details
- Parcel number: 31008458
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile
Condition
- Year built: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Features: Lake, Gated
- Subdivision: Playa del Rey
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $300 monthly
- HOA name: Playa del Rey
- HOA phone: 000-000-0000
Location
- Region: Gilbert
Financial & listing details
- Price per square foot: $202/sqft
- Tax assessed value: $739,300
- Annual tax amount: $4,347
- Date on market: 7/13/2026
- Cumulative days on market: 57 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $819,000-3.6%$202/sqft |
Source:  ARMLS #7053458 Report a problem | ||
| 7/13/2026 | Listed for sale | $849,900$209/sqft |
Source: ARMLS #7053458 Report a problem | ||
| 3/12/2026 | Listing removed | $3,200$1/sqft |
Source: ARMLS #6992055 Report a problem | ||
| 3/2/2026 | Listed for rent | $3,200$1/sqft |
Source: ARMLS #6992055 Report a problem | ||
| 2/28/2026 | Listing removed | $849,900$209/sqft |
Source: ARMLS #6831531 Report a problem | ||
| 11/22/2025 | Price change | $849,900-5.6%$209/sqft |
Source: ARMLS #6831531 Report a problem | ||
| 9/23/2025 | Price change | $899,900-2.7%$221/sqft |
Source: ARMLS #6831531 Report a problem | ||
| 9/3/2025 | Price change | $925,000-2.5%$228/sqft |
Source: ARMLS #6831531 Report a problem | ||
| 8/27/2025 | Listed for sale | $949,000$234/sqft |
Source: ARMLS #6831531 Report a problem | ||
| 8/7/2025 | Pending sale | $949,000$234/sqft |
Source: ARMLS #6831531 Report a problem | ||
| 5/24/2025 | Price change | $949,000-3.1%$234/sqft |
Source: ARMLS #6831531 Report a problem | ||
| 4/4/2025 | Listed for sale | $979,000+244.6%$241/sqft |
Source: ARMLS #6831531 Report a problem | ||
| 2/25/2000 | Sold | $284,097$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,508 +4.4% | $73,930 -14% |
| 2024 | $4,320 -0.6% | $86,000 +67.6% |
| 2023 | $4,347 +2.6% | $51,313 -10.2% |
| 2022 | $4,236 -2.1% | $57,120 +7.7% |
| 2021 | $4,328 +8.8% | $53,020 +5.1% |
| 2020 | $3,978 +3.3% | $50,460 +5.8% |
| 2019 | $3,852 | $47,700 +3.1% |
| 2018 | $3,852 +3.9% | $46,280 +3.1% |
| 2017 | $3,706 +8.2% | $44,870 +2.1% |
| 2016 | $3,426 -0.8% | $43,930 +0.6% |
| 2015 | $3,453 | $43,670 +31.1% |
| 2014 | -- | $33,320 +10.8% |
| 2013 | -- | $30,070 |
| 2012 | -- | $30,070 -21% |
| 2011 | -- | $38,080 -15.5% |
| 2010 | -- | $45,080 -12% |
| 2009 | -- | $51,200 -13.7% |
| 2008 | -- | $59,300 +5.9% |
| 2007 | -- | $56,000 +48% |
| 2006 | -- | $37,850 |
| 2005 | -- | $37,850 +26.8% |
| 2004 | -- | $29,850 |
| 2003 | -- | $29,850 -1.3% |
| 2002 | -- | $30,250 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Playa del Rey
Nearby schools
Schools provided by the listing agent
- Elementary: Playa Del Rey 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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