518 S LAGOON Drive, Gilbert, AZ 85233 (MLS# 6987138)

518 S LAGOON Drive, Gilbert, AZ 85233

$1,020,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,613 Lot Size (sq. ft.): 8,908 Status: Active
Current Price: $1,020,000 List Date: 2/25/2026 Last Modified: 4/26/2026

Description

Check out VIDEO!! Lake living in Arizona! Beautifully remodeled kitchen & baths. Sparkling pool w waterfall & Baja shelf. Home features 3 beds + office (or 4th bed). Spacious LR & DR room. Cozy family room w fireplace open to kitchen w views to a backyard paradise. Primary bedroom has gorgeous ensuite w jet tub & walk-in shower + exit to backyard. Relax or entertain friends/family under covered patio, or cool off in the pool (w removable safety fence). Enjoy putting green, or fish from the dock. See list of updates (doc tab - $275k in renovations over the years). Amazing neighborhood - ''The Islands'' offers community park w playgrounds, running track & sports courts & social events throughout the year: concerts in the park, boat parades, car show, and much more! Check it out!

More Information MLS# 6987138

Contract Information

List Price: $1,020,000 Status: Active Current Price: $1,020,000 List Date: 2026-02-19 Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No

Location Tax Legal

House Number: 518 Compass: S Street Name: LAGOON St Suffix: Drive City/Town Code: Gilbert State/Province: AZ Zip Code: 85233 Zip4: 6738 Country: US County Code: Maricopa Assessor Number: 302-96-308 Subdivision: The Islands - Windhaven Tax Year: 2025

General Property Description

Dwelling Type: Single Family Residence Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 3 Full Bathrooms: 2 Total Bathrooms: 2 Approx SQFT: 2613 Price/SqFt: 390.36 Horses: N Model: The Plaza Builder Name: UDC Year Built: 1986 Approx Lot SqFt: 8908 Approx Lot Acres: 0.204 Community Pool Y/N: No Private Pool Y/N: Yes Fireplace YN: Yes Fireplaces Total: 1 Planned Comm Name: The Islands Marketing Name: The Islands Elementary School District: Gilbert Unified District High School District: Gilbert Unified District Elementary School: Islands Elementary School Jr. High School: Mesquite Jr High School High School: Mesquite High School

Remarks Misc

Cross Street: Elliot and McQueen Directions: From McQueen and Elliot - go East on Elliot, South (right) onto S. Islands Dr. LEFT at the Fountain onto S. Islands Dr. East. RIGHT onto Lagoon Dr. Geo Lat: 33.340327 Geo Lon: -111.814381

Legal Info

Township: 1S Range: 5E Section: 14 Lot Number: 3

Basement

Basement Y/N: N

Items Updated

Floor Yr Updated: 2014 Floor Partial/Full: Partial Wiring Yr Updated: 2014 Wiring Partial/Full: Partial Plmbg Yr Updated: 2014 Plmbg Partial/Full: Partial Ht/Cool Yr Updated: 2021 Ht/Cool Partial/Full: Full Roof Yr Updated: 2015 Roof Partial/Full: Full Kitchen Yr Updated: 2014 Kitchen Partial/Full: Full Bath(s) Yr Updated: 2014 Bath(s) Partial/Full: Full

Parking Spaces

Garage Spaces: 3 Slab Parking Spaces: 3 Total Covered Spaces: 3

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: N/A Architecture: Spanish View: Lake Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room; Tub with Jets Master Bedroom: Downstairs; Not Split Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet Fireplace Features: Wood Burning; Fireplace Family Rm Flooring: Carpet; Tile Window Features: Solar Screens Private Pool Features: Fenced; Play Pool; Variable Speed Pump Spa: None Community Features: Biking/Walking Path; Children's Playgrnd; Clubhouse/Rec Room; Lake Dining Area: Formal; Eat-in Kitchen Kitchen Features: Electric Oven; Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Pantry; Granite Counters; Quartz Countertops; Kitchen Island Laundry: Washer Hookup; 220 V Dryer Hookup; Inside Foundation Details: Slab Other Rooms: Family Room Interior Features: Vaulted Ceiling(s); Wet Bar; No Interior Steps; Water Softener Owned; Water Purifier Technology: Cable TV Avail; High Speed Internet Exterior Features: Covered Patio(s); Patio; Rain Gutters Parking Features: Attached Garage; Attch'd Gar Cabinets; Direct Access; Garage Door Opener Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Heat Pump; Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Wrought Iron; Block Property Description: Waterfront Lot; East/West Exposure Landscaping: Desert Front; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back Lockbox Type: Supra Possession: Close of Escrow Unit Style: All on One Level Association Fee Incl: Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail
Listing Office: Keller Williams Realty Phoenix
Last Updated: April - 26 - 2026
518 S LAGOON Drive, Gilbert, AZ 85233- MLS# 6987138
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