Sold
Last Sold Price
2 beds2 baths2,280 sqft
159 E Water Tank Rd, Gilbert, AZ 85296
Single FamilyProperty Type
0.99 acresLot Size
2024Year Built
$461/sq ftPrice per sq ft
4 carsParking Spaces

Description

Completed in 2024, this exceptional modern luxury farmhouse offers a rare combination of contemporary design, nearly one acre of usable land, and outstanding expansion potential. More than simply a residence, this is an expandable estate property designed to evolve with its owner's vision. Zoning allows for future additions and accessory structures, creating endless possibilities for additional living space, guest accommodations, workshops, recreational amenities, or multigenerational living. The...Completed in 2024, this exceptional modern luxury farmhouse offers a rare combination of contemporary design, nearly one acre of usable land, and outstanding expansion potential. More than simply a residence, this is an expandable estate property designed to evolve with its owner's vision. Zoning allows for future additions and accessory structures, creating endless possibilities for additional living space, guest accommodations, workshops, recreational amenities, or multigenerational living. The newly constructed home encompasses approximately 2,300 square feet of thoughtfully designed living space, featuring striking board-and-batten architecture, dramatic 25-foot ceilings, expansive covered patios, and a seamless open-concept layout that balances luxury, comfort, and functionality. The stylish chef's kitchen features quartz countertops, abundant cabinetry, two large sinks, and a spacious walk-in pantry/coffee bar, combining sophisticated design with practical convenience. The expansive primary suite offers a peaceful retreat with a generous walk-in closet and a beautifully designed spa-like bathroom featuring an extra-large clawfoot soaking tub and rain shower head. Convenient access through the laundry room leads to the fully air-conditioned garage. A spacious secondary bedroom provides an ideal guest suite or flexible living space. Built with quality, efficiency, and modern living in mind, the home includes two high-efficiency AC units, a tankless water heater, water softener, spray foam insulation throughout, insulated garage doors, epoxy garage flooring, and a substantial electrical panel with additional capacity for future expansion. The climate-controlled garage features a 10' garage door to accommodate larger vehicles and is also equipped with EV charging capability. Bring your RV as there is a hookup and drain conveniently located on the far side of the garage. The grounds are beautifully enhanced with irrigation rights and mature landscaping, including a variety of fruit trees such as lemon, pear, orange, pomegranate, mulberry, plum, and guava, along with vibrant roses and a Silver Laurel. With ample land and space for horses, cows, chickens, and other livestock, the property offers the rare opportunity to enjoy a luxury farmhouse lifestyle with room to create your own mini ranch or hobby farm while still enjoying the comfort of a newly built home, with additional space and flexibility to expand or add on if desired. Enjoy a short walk to the canal with miles of walking and biking paths, and THE CONVENIENCE OF BEING WALKABLE TO THE GILBERT HERITAGE DISTRICT AND DOWNTOWN GILBERT offering some of the area's most popular restaurants, shops, and entertainment while still enjoying privacy and open space. Blending timeless farmhouse charm with modern luxury, thoughtful amenities, and room to roam, this newly completed property offers a truly unique living experience.
  • Listed by: Stephanie Troy 602.793.6518 azagentsteph@gmail.com Brokerage DRE #LC716441000 • SERHANT.
Listing closed: 08/06/2026 12:00 AM • Source: ARMLS, MLS#: 6999436

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$5,764 per month

30 year fixed, 6.71% Interest

Principal and Interest

$5,426

Property Taxes

$338

HOA Dues

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Property Information for 159 East Water Tank Road

Property Details
  • Taxes: $4,055 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Contemporary, Ranch
  • Subdivision Name: Metes and bounds
  • View YN: Yes
Building Information
  • Stories: 1
  • Year Built: 2024
  • Lot Size: 0.99 AC / 43,124 SF
Summary
Location and General Information
  • Unparsed Address: 159 E WATER TANK Road, Gilbert, AZ 85296
  • City: Gilbert
  • Coordinates: -111.785262, 33.340341
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: Gilbert & Elliot Road
  • Directions: South on Gilbert RD, North on Water Tank Rd. Home is second from the last on the right.
  • Latitude: 33.340341
  • Longitude: -111.785262
  • Postal City: Gilbert
  • Postal Code: 85296
  • Postal Code Plus4: 2207
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 2,024
Taxes and HOA
  • Association Fee Includes: No Fees
  • Association YN: No
  • Tax Annual Amount: $4,055.00
  • Tax Book Number: 304.00
  • Tax Legal Description: PT SW4 E 84.75' OF FOL BEG 2016.56' N & 607.93' E FR SW COR OF SEC TH E 808.39' S 506.99' W 808.4
  • Tax Lot: NONE
  • Tax Map Number: 23.00
  • Tax Parcel Letter: E
  • Tax Year: 2,025
Parking
  • Attached Garage YN: Yes
  • Carport Spaces: 0
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage YN: Yes
  • Open Parking Spaces: 2
  • Open Parking YN: Yes
  • Parking Features: Attached Garage, RV Access/Parking, Temp Controlled
School Information
  • Elementary School: Gilbert Elementary School
  • Elementary School District: Gilbert Unified District
  • High School: Gilbert High School
  • High School District: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School
Property
Lot Information
  • Building Area Total: 2,280
  • Building Area Units: Square Feet
  • Living Area: 2280.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Lot Features: North/South Exposure, Irrigation Back
  • Lot Size Acres: 0.99
  • Lot Size Area: 43124.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 43124.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Propertysp Descriptionco North Southsp Exposure: Yes
  • Builder Name: Unknown
  • Building Area Source: Assessor
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Documents Change Timestamp: 04-01-2026 11:09:16 PM
  • Documents Count: 1
  • Ownership: Fee Simple
  • Parcel Number: 30423020E
  • Property Attached YN: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Public Survey Range: 6E
  • Public Survey Section: 18
  • Public Survey Township: 1S
Utilities
  • Electric On Property YN: Yes
  • Sewer: Septic in & Cnctd, Septic Tank
  • Water Source: City Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Wood Frame, Painted
  • Exterior Features: Rain Gutters, RV Hookup
  • Fencing: Block, Wood
  • Horse YN: Yes
  • Patio And Porch Features: Rain Gutters, RV Hookup
  • Pool Private YN: No
  • Roof: Tile, Metal
  • Stories Total: 1
Interior Features
  • Kitchensp Featuresco Builthypheninsp Microwave: Yes
  • Kitchensp Featuresco Reversesp Osmosis: Yes
  • Bathrooms Total Integer: 2
  • Bedrooms Possible: 2
  • Bedrooms Total: 2
  • Cooling: Central Air
  • Cooling YN: Yes
  • Fireplace YN: No
  • Flooring: Laminate, Tile
  • Heating: Natural Gas
  • Heating YN: Yes
  • Interior Features: Quartz Countertops, High Speed Internet, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
  • Laundry Features: Inside, Gas Dryer Hookup
  • Spa Features: None
  • Window Features: Screens, Dual Pane
  • Number of Interior Levels: 1.0
Room Information
Room Information
  • Othersp Roomsco Greatsp Room: Yes
  • Rooms Total: 0
Rental
Rent Information
  • Land Lease YN: No

Property History for 159 East Water Tank Road

DateEvent & SourcePriceAppreciation
Aug 6, 2026

Sold

ARMLS #6999436

$1,050,000—
Aug 4, 2026

Sold (Public Record)

Public Record #1946068088

$1,050,000—
Aug 4, 2026

Sold (Public Record)

Public Record #141466917

$1,050,000

+13.3% / yr

DateEvent & SourcePrice
08/06/2026

Sold

ARMLS #6999436

$1,050,000
08/04/2026

Sold (Public Record)

Public Record #1946068088

$1,050,000
08/04/2026

Sold (Public Record)

Public Record #141466917

$1,050,000

+13.3% / yr

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

Public Records for 159 East Water Tank Road

Taxable ValueLand-Additions-Total-
Tax Record2025$4,055 ($338 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,288 SqFtAbove Grade Finished SqFt1,288 SqFtStories1Lot Size43,124 SqFtStyleSingle Family ResidenceYear Built1967Year Renovated1967ZoningR-7CountyMARICOPAAPN304-23-020-E

Schools near 159 East Water Tank Road

This home is within Gilbert Unified District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 7 to 12
Public - 7 to 12
Rating
School
Distance
Gilbert Elementary School
PublicPK to 6

Mesquite Jr High School
Public6 to 8

Gilbert High School
Public7 to 12

Gilbert Classical Academy High School
Public7 to 12

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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SERHANT.

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© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.