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


$1,035,000
518 S LAGOON Drive
Gilbert, AZ 85233
MLS# 6987138
3 beds  |  2 baths


518 S LAGOON Drive, Gilbert, AZ 85233
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Open House (04/04/2026 - 1:00 pm - 3:00 pm)

Property Description
1 Story, Updated, Waterfront home in The Islands. Sparkling pool w waterfall & Baja shelf. Home features 3 beds + office (can be converted to 4th bed), Spacious LR & DR room. Cozy family room w fireplace open to kitchen w views to backyard. Primary bedroom has gorgeous ensuite w tub & walk-in tiled shower plus private exit to backyard. Backyard features spacious covered patio, pool, removable safety fence, putting green, Tangelo tree & fig tree, plus raised garden bed. Sellers invested over $250k in renovations over the years. Beautiful remodeled kitchen & baths, roof, AC, tile, landscaping, etc. ''The Islands'' community offers huge park w playgrounds, running track & sports courts & several events throughout the year: concerts in the park, boat parades, car show, and much more!

Details
Maps
Contract Information
List Price: $1,035,000
Status: Active
Current Price: $1,035,000
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
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: 396.1
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 Included; Dryer Included; 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 East Valley

Last Updated: April - 02 - 2026

518 S LAGOON Drive, Gilbert, AZ 85233 - MLS# 6987138

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