518 S Lagoon Drive, Gilbert, AZ 85233

Gilbert
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
518 S Lagoon Drive,Gilbert, AZ 85233
$1,050,000
  • 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:$1,050,000
  • Price per sq. ft.:$401.84
  • Monthly HOA dues:$67

About this home

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, Holiday boat parades, Cool car show, and so much more!

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Home facts

  • Year built:1986
  • Listing ID #:6987138
  • Updated:February 25, 2026 at 11:48 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Tile
  • Living area:2,613 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s)
  • Heating:Electric, Heat Pump

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:$1,050,000
  • Price per sq. ft.:$401.84
  • Tax amount:$3,757 (2025)

Features and amenities

  • Pool features:Play Pool, Variable Speed Pump
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