1040 S CAPE Court, Gilbert, AZ 85233
Property image
Property image
OFF MARKET

1040 S CAPE Court
Gilbert, AZ 85233

The Islands
  • 4 Beds
  • 2 Baths
  • 2,583 sqft (on 0.27 acres)

$761,600

Trulia Estimate
as of Jul 30, 2026
Est. Refi. Payment $4,238/mo*
Refinance Your Home

$761,600

Trulia Estimate
as of Jul 30, 2026
Est. Refi. Payment $4,238/mo*
Refinance Your Home
4 Beds
2 Baths
2,583 sqft
(on 0.27 acres)

Local Information

  • Map ViewExplore the area around 1040 S CAPE Court.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1987
Lot Size
0.27 acres
Living Area
2,583 sqft
Price/Sqft
$295
Parking
Garage
HOA
$58/Monthly

About this House

This beautiful home is a true gem located on a quiet cul de sac in the highly desirable neighborhood of the Islands and has been meticulously maintained by its current owners. Whether you're a social butterfly or prefer a serene outdoor sanctuary, this home offers the best of both worlds. The magnificent diving pool and expansive grassy backyard are perfect for summer barbecues. Inside, the updated kitchen with granite counter tops is a chef's dream. With ample space for everyone, this home is perfect for those who love to entertain. Plantation shutters throughout the home. Pool equipment replaced in 2019. Roof replaced in January 2023.
1040 S CAPE Court, Gilbert, AZ 85233 is a 4 bedroom, 2 bathroom, 2,583 sqft single-family home in The Islands, built in 1987. It last sold for $710,000 on Feb 12, 2024 (1% below the $719,000 asking price). It is currently off market. The Trulia Estimate is $761,600, with a rent estimate of $3,648/month.

Home Details for 1040 S CAPE Court

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2
Dimensions and Layout
Living Area: 2583 Square Feet
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
Fireplace: Family RoomSpa: NoneHas a Fireplace
Windows, Doors, Floors & Walls
Window: Solar ScreensFlooring: Carpet
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Carpet

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: CoveredFencing: BlockHas a Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageParking Spaces: 3Parking: Garage Door Opener
Pool
Pool: Diving PoolPool
Frontage
Responsible for Road Maintenance: City Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 75

Property Information

Year Built
Year Built: 1987
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Stucco, Wood FrameNot Attached Property
Property Information
Parcel Number: 30237743Model Home Type: Del Mar

Price & Status

Price
List Price: $719,000
Status Change & Dates
Off Market Date: Fri Feb 09 2024Possession Timing: By Agreement

Active Status

MLS Status: Closed

Location

Direction & Address
City: GilbertCommunity: WINDHAVEN UNIT 2 AMD LOT 1-71
School Information
Elementary School: Shumway Elementary SchoolElementary School District: Chandler Unified DistrictJr High / Middle School: Willis Junior High SchoolHigh School: Chandler High SchoolHigh School District: Chandler Unified District

Building

Building Area
Building Area: 2583 Square Feet

Community

Community Features: Lake

HOA

HOA Fee Includes: Maintenance GroundsHOA Name: Capital ConsultantsHOA Phone: 480-921-7500Has an HOAHOA Fee: $348/Semi-Annually

Lot Information

Lot Area: 0.27 acres

Offer

Listing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan

Energy

Energy Efficiency Features: Multi-Zones

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6625447

Additional Information

Lake
Last check for updates: about 1 hour ago
Listed by Susanne Patterson, (602) 284-8123
EPIC Home Realty
Bought with: Carin S Nguyen, (623) 223-1663, Real Broker
Co-Buyer's Agent: Jazmin J Lopez, (832) 962-2036, Real Broker
Source: ARMLS, MLS#6625447
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Price History for 1040 S CAPE Court

DatePriceEventSource
02/12/2024$710,000Sold
ARMLS #6625447
02/09/2024$719,000PendingARMLS #6625447
01/15/2024$719,000PriceChange
ARMLS #6625447
11/26/2023$725,000Listed For SaleARMLS #6625447
06/30/2005$415,000Sold
ARMLS #2312582
02/11/2002$246,900Sold
N/A
01/11/1995$185,000Sold
N/A
08/18/1994$185,000Sold
N/A

Market trends in Gilbert

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$569K
$3.33KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$279
$1MoM
Available listings
1121
48MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$2,680
Assessment$561,600
Home facts updated by county records

Comparable Sales for 1040 S CAPE Court

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1043 W IRIS Drive, Gilbert, AZ
0.13
Single-Family Home
$716,000
06/04/26
4
2
2,484
1031 S CAPISTRANO Drive, Gilbert, AZ
0.03
Single-Family Home
$680,000
06/04/26
4
2.5
2,507
940 W COAST Drive, Gilbert, AZ
0.07
Single-Family Home
$1,000,000
12/22/25
4
2
2,507
920 W IRIS Drive, Gilbert, AZ
0.07
Single-Family Home
$570,000
02/22/26
3
2
2,241
916 S DOLPHIN Drive, Gilbert, AZ
0.17
Single-Family Home
$650,000
12/03/25
4
2
2,226
920 W GRAND CAYMEN Drive, Gilbert, AZ
0.17
Single-Family Home
$716,500
01/16/26
5
3
2,597
938 W IRIS Drive, Gilbert, AZ
0.05
Single-Family Home
$715,000
04/06/26
5
3
3,292
1032 S COPPER KEY Court, Gilbert, AZ
0.29
Single-Family Home
$699,000
11/13/25
3
2
2,592
844 W SHERRI Drive, Gilbert, AZ
0.21
Single-Family Home
$715,000
10/10/25
5
3
3,034
1135 W SEA FOG Drive, Gilbert, AZ
0.31
Single-Family Home
$565,000
03/25/26
4
2
2,104

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 1040 S CAPE Court.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

The Islands
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about The Islands

At least 71 Trulia users voted on each feature.

  • 93 % Say car is needed

  • 92 % Say there are sidewalks

  • 92 % Say it's dog friendly

  • 84 % Say parking is easy

  • 82 % Say there's holiday spirit

  • 81 % Say people would walk alone at night

  • 79 % Say yards are well-kept

  • 75 % Say it's quiet

  • 75 % Say streets are well-lit

  • 74 % Say it's walkable to grocery stores

  • 69 % Say it's walkable to restaurants

  • 65 % Say kids play outside

  • 56 % Say neighbors are friendly

  • 54 % Say they plan to stay for at least 5 years

  • 40 % Say there are community events

  • 17 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "It’s a very safe neighborhood and quiet. People are friendly and I love seeing everyone’s dogs. I highly recommend living here. "
    1
    Flag
  • Daniele.filipp
    "We have lived here for almost six years. It’s very quiet and peaceful, which is nice, but neighbors tend to keep to themselves. There are a few younger families that are outdoors often. Lots of cars park on the streets, but streets are well lit and drivers generally drive the speed limit. The park is great, lakes are a nice spot to relax or fish. Walking and biking trails stretch miles around the neighborhood."
    10
    Flag
  • Reba A.
    "I'm not a dog owner but plenty around me are. very enjoyable for all pets and families. I've lived in the Islands for 20 yrs"
    1
    Flag
  • Taniesha P.
    "It’s quiet for the most part and family oriented. Bad thing is people do not pick up poop after their dogs. "
    1
    Flag
  • Trulia User
    "everyone keeps to themselves and no conflicts in the neighborhood . safe feel neighborhood for children "
    1
    Flag
  • Spocorello8
    "The majority of dog owners here pick up after their dogs but there are a few who don’t. So annoying and so inconsiderate. "
    1
    Flag
  • rayjanus
    "I live in another HOA in The Islands, having previously lived in Elliot Shores. I found that Elliot Shores was well managed, with one of the best pool / spa facilities in The Islands, in a great neighborhood."
    0
    Flag
  • Gwen S.
    "Live here and it is so special. Exceptionally maintained, quiet and beautiful lakes and walking paths and parks. Walk anywhere - including the gym! "
    8
    Flag
  • Tiffany C. R.
    "The Islands is a centrally located community which offers beautiful walking paths and water views. "
    0
    Flag
  • dave
    "We were visiting friends in the Islands, and now we are thinking about moving. It's very clean, and they have a private park down the road. There is a lot for our grandchildren to do when they visit, and it's a safe area. Also the HOA is strict so people keep their homes up. It's a bit expensive compared to other areas, but it's worth the extra money."
    1
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

285 pet-friendly rentals in Gilbert, AZ

Explore by feature - Garage

345 rentals with a garage in Gilbert, AZ

Explore by feature - Air Conditioning

274 rentals with air conditioning in Gilbert, AZ

Explore by feature - Pool

343 rentals with a pool in Gilbert, AZ

Explore by feature - Washer/dryer

311 rentals with a washer/dryer in Gilbert, AZ

Explore by feature - Outdoor Space

203 rentals with an outdoor space in Gilbert, AZ

Homes for sale near 1040 S CAPE Court

Skip to last item
Skip to first item

Off Market Homes Near 1040 S CAPE Court

Skip to last item
Skip to first item