125 S Ocean Dr, Gilbert, AZ 85233
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Property image
OFF MARKET

125 S Ocean Dr
Gilbert, AZ 85233

The Islands
  • 3 Beds
  • 2 Baths
  • 1,562 sqft

$491,900

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $2,712/mo*
Refinance Your Home

$491,900

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $2,712/mo*
Refinance Your Home
3 Beds
2 Baths
1,562 sqft

Local Information

  • Map ViewExplore the area around 125 S Ocean Dr.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Please note that the advertised price may exclude additional fees. These include a mandatory $55 application fee per applicant; a one-time $75 admin fee; a $11 monthly utility management fee; fees for amenities like smart home or internet service; and optional conditional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99), pet fees/rent, or pool maintenance, if applicable. HOA application and amenity fees, where applicable, are paid directly to the HOA.

Get rewarded for rental payments and more through FirstKey Homes Rewards - a rewarding and fun loyalty program. Get the home you want and the value you deserve with FirstKey Homes. Use our website to Apply Online, Schedule a Self-Tour, Review Resident Qualifications or Search More Homes; or contact our leasing department for help today. Pets are welcome. Apply soon, homes can go fast!

3 bedroom, 2 bathroom rental home in Gilbert, AZ, may be just the home for you.

FirstKey Homes, LLC is an Equal Housing Lessor under the FHA. Applicable local, state and federal laws may apply. Lease terms and conditions apply. This is not an offer to rentyou must submit additional information for review and approval. Listed features may not be accurate; confirm details with a leasing representative.

Certain cities and municipalities including St. Louis and Chicago require a home inspection prior to a new resident taking possession of the home. If you are leasing a home in one of these areas, please note that your move-in date could be adjusted to accommodate inspection requirements. Please ask your leasing agent for more details.

BEWARE OF RENTAL SCAMS: FirstKey Homes exclusively manages our homes (no third-party management). We do not lease homes through Craigslist, SocialServe, LetGo, Facebook Marketplace or other classified advertising services.

We will never ask for wire transfers, cash apps like Venmo, Zelle, CashApp PayPal, or any other transferring method to collect funds. See FirstKey Homes website for full details and conditions. Listing photos are provided to help you select a home; all photos shown are for representative and illustrative purposes only but may not be exact. Colors and photo size may vary based on different resolutions, hue, brightness, contrast, or other photo variations. Photos on websites may be modified, changed, or amended at any time. For new construction homes, actual homes may vary, photos may be of similar home/floorplan, home may be under construction and photos may not be of actual home, individual homes, amenities, features, and views may differ. If you have any concerns, please schedule a tour prior to applying or leasing the listed home.
125 S Ocean Dr, Gilbert, AZ 85233 is a 3 bedroom, 2 bathroom, 1,562 sqft single-family home in The Islands, built in 1987. It last sold for $459,000 on Oct 25, 2021 (17,725% above the $2,575 asking price). More recently, it was listed as a rental in January 2025 with an asking price of $2,695 per month. That rental listing was removed on April 29, 2025. It is currently off market. The Trulia Estimate is $491,900, with a rent estimate of $2,614/month.
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Property Website

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Cooling only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 125 S Ocean Dr

Property Information

Year Built
Year Built: 1987
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Interior Features

Appliances & Utilities
Disposal
Heating & Cooling
Air ConditioningCooling System: Central Air

Exterior Features

Parking & Garage
GarageParking: Garage

Price History for 125 S Ocean Dr

DatePriceEventSource
04/29/2025$2,575ListingRemovedZillow Rentals
04/03/2025$2,575PriceChange
Zillow Rentals
03/20/2025$2,630PriceChange
Zillow Rentals
03/06/2025$2,665PriceChange
Zillow Rentals
01/25/2025$2,695Listed For RentZillow Rentals
02/23/2023ListingRemovedZillow Rentals
02/15/2023$2,387PriceChange
Zillow Rentals
01/27/2023$2,287Listed For RentZillow Rentals
03/21/2022ListingRemovedZillow Rental Network Premium
03/09/2022$2,495PriceChange
Zillow Rental Network Premium
03/04/2022$2,585PriceChange
Zillow Rental Network Premium
01/20/2022$2,825Listed For RentZillow Rental Network Premium
01/13/2022ListingRemovedZillow Rental Network Premium
12/22/2021$2,825Listed For RentZillow Rental Network Premium
10/25/2021$459,000Sold
ARMLS #6298871
09/30/2021$450,000PendingARMLS #6298871
09/25/2021$450,000Listed For SaleARMLS #6298871
12/07/2018$260,000Sold
ARMLS #5791593
10/05/2018$275,000PriceChange
Agent Provided
08/08/2018$266,999PriceChange
Agent Provided
07/16/2018$269,900PriceChange
Agent Provided
07/11/2018$275,000Listed For SaleAgent Provided
05/30/2014$195,000Sold
N/A
02/14/2014$194,900PriceChange
Agent Provided
01/15/2014$214,900Listed For SaleAgent Provided
08/13/2013$236,361Sold
N/A
06/25/2007$275,000Sold
N/A
10/08/1997$124,900Sold
N/A

Market trends in Gilbert

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$572K
$2.17KMoM
Sale-to-List Price
98.8%
0.2%MoM
Price per sq ft
$278
$3MoM
Available listings
1169
13MoM
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Property Tax and Assessment

Year2025
Tax$1,775
Assessment$382,300
Home facts updated by county records

Comparable Sales for 125 S Ocean Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1214 W SAND DUNE Drive, Gilbert, AZ
0.04
Single-Family Home
$415,000
08/05/25
3
2
1,562
1207 W Sea Bass Court, Gilbert, AZ
0.08
Single-Family Home
$475,000
04/09/26
3
2
1,562
1226 W PACIFIC Drive, Gilbert, AZ
0.06
Single-Family Home
$427,250
11/18/25
3
2
1,515
1308 W STARFISH Drive, Gilbert, AZ
0.16
Single-Family Home
$475,000
06/15/26
3
2
1,600
1350 W SEASCAPE Drive, Gilbert, AZ
0.24
Single-Family Home
$437,000
01/30/26
3
2
1,600
931 W SIERRA MADRE Avenue, Gilbert, AZ
0.33
Single-Family Home
$485,000
03/02/26
3
2
1,511
1053 W WASHINGTON Avenue, Gilbert, AZ
0.28
Single-Family Home
$532,000
11/04/25
3
2
1,868
1157 W MESQUITE Street, Gilbert, AZ
0.17
Single-Family Home
$647,000
01/06/26
3
2
2,198
1314 W STARFISH Drive, Gilbert, AZ
0.16
Single-Family Home
$518,000
04/03/26
3
2.5
2,147
839 W SILVER CREEK Road, Gilbert, AZ
0.41
Single-Family Home
$484,000
08/21/25
3
2
1,511

Nearby homes

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Assigned Schools

These are the assigned schools for 125 S Ocean Dr.
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

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Apartments for Rent

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Explore by feature - Pet Friendly

275 pet-friendly rentals in Gilbert, AZ

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Explore by feature - Pool

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Explore by feature - Outdoor Space

177 rentals with an outdoor space in Gilbert, AZ

Homes for sale near 125 S Ocean Dr

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Off Market Homes Near 125 S Ocean Dr

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