1501 E Rakestraw Ln

$845,000
Price
4
Beds
4
Baths
3,173 Sq. Ft.
$266 / Sq. Ft.
3,173
Sq. Ft.
$266
per Sq. Ft.

Description

Welcome to Waterston - Luxury Living in a Prestigious Gated Community! Step into elegance and comfort with this stunning 4-bedroom, 3.5-bath home, complete with a dedicated office and a spacious loft, thoughtfully designed for modern living. With $90K in premium upgrades, this residence combines style, function, and an exceptional lifestyle. A charming curb appeal sets the tone with a 2-car garage, paver driveway, and stylish stone accents. Inside, the impressive open floor plan showcases contemporary...Welcome to Waterston - Luxury Living in a Prestigious Gated Community! Step into elegance and comfort with this stunning 4-bedroom, 3.5-bath home, complete with a dedicated office and a spacious loft, thoughtfully designed for modern living. With $90K in premium upgrades, this residence combines style, function, and an exceptional lifestyle. A charming curb appeal sets the tone with a 2-car garage, paver driveway, and stylish stone accents. Inside, the impressive open floor plan showcases contemporary design elements, abundant natural light, plantation shutters, surround sound, and a striking wall-mounted fireplace. The gourmet kitchen is a chef's dream - featuring stainless steel appliances, a gas cooktop, tile backsplash, quartz countertops, ample cabinetry with crown moulding, . . . recessed and pendant lighting, and a large prep island with breakfast bar seating. Upstairs, enjoy a versatile loft, perfect for a media room, playroom, or secondary office space. The serene primary suite offers plush carpeting, a spa-like ensuite with dual vanities, a soaking tub, and a generous walk-in closet. A second main bedroom and an open den provide even more flexibility for guests or multi-generational living. Spacious backyard is complete with a gorgeous green turf including a putting green and offers an amazing covered patio, with an outdoor kitchen with a built-in BBQ, warming drawer, refrigerator and plenty of countertop/serving space. What's not to like? A deal like this surely won't last! It's New... It's Move-in Ready. It can be Yours! Located in one of Gilbert's most desirable gated communities, this home offers outstanding security, privacy, and resort-style amenities. Schools - Gilbert Schools are Top Rated...plus just minutes from the best dining, shopping, entertainment, and outdoor recreation that Gilbert, Arizona has to offer!
  1. Listed by Richard Harless • Brokerage DRE #LC679444000 • AZ Flat Fee
    P: (480)-771-1511 offers@azflatfee.com
  2. Listed by Kim Leighton • Brokerage DRE #LC679444000 • AZ Flat Fee
    P: (480)-933-1603 C: (480)-933-1603 kim@azflatfee.com

Property Details for 1501 East Rakestraw Lane

Architectural Style
Contemporary
Subdivision Name
WATERSTON NORTH PHASE 1
View YN
Yes
LISTING UPDATED: 12/15/2025 08:46 PM

Property Details for 1501 East Rakestraw Lane

StatusActive
MLS #6958168
Days on Market8
Taxes$2,367 / year
HOA Fees$1,980 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2023
Lot Size0.14 AC / 5,968 SF
CountyMaricopa County

Location

Listing Courtesy of AZ Flat Fee
Add your commute

Building Information for 1501 East Rakestraw Lane

Stories2Year Built2023Building Size-Lot Size0.14 AC / 5,968 SF

Payment Calculator

$4,538 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,175

Property Taxes

$197

HOA Dues

$165

The Payment Calculator is for illustrative purposes only.

Property Information for 1501 East Rakestraw Lane

Summary
Location and General Information
  • Unparsed Address: 1501 E RAKESTRAW Lane, Gilbert, AZ 85298
  • City: Gilbert
  • Coordinates: -111.757638, 33.252851
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: S Val Vista Dr and E Ocotillo Rd
  • Directions: South on S Val Vista Dr. Right on E Ocotillo Rd. Right on S Stonecreek Blvd. Right on E Rakestraw Ln. Home will be on the right.
  • Latitude: 33.252851
  • Longitude: -111.757638
  • Postal City: Gilbert
  • Postal Code: 85298
  • Postal Code Plus4: 0728
  • State Or Province: AZ
  • Street Suffix: Lane
  • Year Built: 2,023
Taxes and HOA
  • Assocsp Rules Infoco Petssp OK splparen Seesp Rmrks rparen: Yes
  • Association Fee: $165.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Grounds
  • Association Name: Waterston
  • Association Phone: 602-437-4777
  • Association YN: Yes
  • Tax Annual Amount: $2,367.00
  • Tax Book Number: 313.00
  • Tax Legal Description: LOT 155 WATERSTON NORTH PHASE 1 MCR
  • Tax Lot: 155
  • Tax Map Number: 33.00
  • Tax Year: 2,025
Parking
  • Carport Spaces: 0
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage YN: Yes
  • Open Parking Spaces: 2
  • Open Parking YN: Yes
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
School Information
  • Elementary School: Robert J.C. Rice Elementary School
  • Elementary School District: Chandler Unified District #80
  • High School: Perry High School
  • High School District: Chandler Unified District #80
  • Middle Or Junior School: Robert J.C. Rice Elementary School
Property
Lot Information
  • Building Area Total: 3,173
  • Building Area Units: Square Feet
  • Living Area: 3173.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back
  • Lot Size Acres: 0.14
  • Lot Size Area: 5968.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5968.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Propertysp Descriptionco North Southsp Exposure: Yes
  • Builder Name: Tri Pointe Homes
  • Building Area Source: Assessor
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Documents Count: 4
  • Floor Plans Change Timestamp: 12-15-2025 08:01:38 PM
  • Ownership: Fee Simple
  • Parcel Number: 31333633
  • Possible Use: None
  • Property Attached YN: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Public Survey Range: 6E
  • Public Survey Section: 17
  • Public Survey Township: 2S
  • Road Responsibility: City Maintained Road
Green Features
  • Green Energy Efficient: Multi-Zones
  • Green Water Conservation: Tankless Ht Wtr Heat
Utilities
  • Electric: 220 Volts in Kitchen
  • Electric On Property YN: Yes
  • Sewer: Sewer in & Cnctd, Public Sewer
  • Water Source: City Water
Interior and Exterior Features
Exterior Features
  • Community Features: Lake, Gated, Community Spa, Community Spa Htd, Playground, Biking/Walking Path
  • Construction Materials: Stucco, Wood Frame, Painted, Stone
  • Exterior Features: Private Yard, Built-in Barbecue
  • Fencing: Block
  • Horse YN: No
  • Patio And Porch Features: Private Yard, Built-in Barbecue
  • Pool Private YN: No
  • Roof: Tile
  • Stories Total: 2
Interior Features
  • Bathrooms Total Decimal: 3.5
  • Kitchensp Featuresco Builthypheninsp Microwave: Yes
  • Kitchensp Featuresco Reversesp Osmosis: Yes
  • Bathrooms Total Integer: 4
  • Bedrooms Possible: 6
  • Bedrooms Total: 4
  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Cooling YN: Yes
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Flooring: Carpet, Tile
  • Heating: ENERGY STAR Qualified Equipment, Natural Gas
  • Heating YN: Yes
  • Interior Features: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
  • Laundry Features: Engy Star (See Rmks)
  • Spa Features: None
  • Window Features: Low-Emissivity Windows, Dual Pane
Room Information
Room Information
  • Mastersp Bedroomco Upstairs: Yes
  • Othersp Roomsco Greatsp Room: Yes
  • Othersp Roomsco Loft: Yes
  • Rooms Total: 0
Rental
Rent Information
  • Land Lease Amount: $.00
  • Land Lease YN: No

Property History for 1501 East Rakestraw Lane

DateEvent & SourcePriceAppreciation
Dec 15, 2025

Listed (Active)

ARMLS #6958168

$845,000—
Dec 2, 2025

Temporarily Off Market

ARMLS #6917096

—
Oct 16, 2025

Price Change

ARMLS #6917096

$850,000—
Oct 1, 2025

Price Change

ARMLS #6917096

$875,000—
Sep 29, 2025

Price Change

ARMLS #6917096

$880,000—
Sep 18, 2025

Price Change

ARMLS #6917096

$910,000—
Sep 9, 2025

Listed (Active)

ARMLS #6917096

$925,000—
Jul 1, 2025

Withdrawn

ARMLS #6869897

$899,000—
Jun 5, 2025

Price Change

ARMLS #6869897

$925,000—
May 20, 2025

Listed (Active)

ARMLS #6869897

$949,999—
May 22, 2023

Sold (Public Record)

Public Record #1511385915

$758,785—
DateEvent & SourcePrice
12/15/2025

Listed (Active)

ARMLS #6958168

$845,000
12/02/2025

Temporarily Off Market

ARMLS #6917096

—
10/16/2025

Price Change

ARMLS #6917096

$850,000
10/01/2025

Price Change

ARMLS #6917096

$875,000
09/29/2025

Price Change

ARMLS #6917096

$880,000
09/18/2025

Price Change

ARMLS #6917096

$910,000
09/09/2025

Listed (Active)

ARMLS #6917096

$925,000
07/01/2025

Withdrawn

ARMLS #6869897

$899,000
06/05/2025

Price Change

ARMLS #6869897

$925,000
05/20/2025

Listed (Active)

ARMLS #6869897

$949,999
05/22/2023

Sold (Public Record)

Public Record #1511385915

$758,785

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1501 East Rakestraw Lane

Taxable ValueLand-Additions-Total-
Tax Record2025$2,367 ($197 / month)
Home Facts
Beds0Total Finished SqFt3,173 SqFtAbove Grade Finished SqFt3,173 SqFtStories2Lot Size5,968 SqFtStyleSingle Family ResidenceYear Built2023CountyMARICOPAAPN313-33-633

Schools near 1501 East Rakestraw Lane

This home is within Chandler Unified District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 8 to 12
Public - PK to 6
Rating
School
Distance
Robert J.C. Rice Elementary School
PublicPK to 6

Willie & Coy Payne Jr. High School
Public7 to 8

Perry High School
Public8 to 12

Weinberg Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1501 East Rakestraw Lane is a single family home for sale in Gilbert, AZ 85298. This property was listed for sale on December 15, 2025 by AZ Flat Fee, it's currently listed at $845,000. It has been on the market for a total of 8 days and was last sold on May 22, 2023. This listing's school district is Chandler Unified District. Nearby schools include Robert J.C. Rice Elementary School, Willie & Coy Payne Jr. High School and Perry High School. 1501 East Rakestraw Lane is a 4-bed, 4-bath, 3,173 sqft single family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of AZ Flat Fee

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2025 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.