159 E WATER TANK Road
Gilbert, AZ 85296
- 2 Beds
- 2 Baths
- 2,280 sqft (on 0.99 acres)
$1,050,000
Last Sold: Aug 6, 2026
2% below list $1.07M
$461/sqft
Est. Refi. Payment $5,821/mo*
$1,050,000
Last Sold: Aug 6, 2026
2% below list $1.07M
$461/sqft
Est. Refi. Payment $5,821/mo*
2 Beds
2 Baths
2,280 sqft
(on 0.99 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2024
Lot Size
0.99 acres
Living Area
2,280 sqft
Price/Sqft
$461/sqft
Parking
2 Car Garage
About this House
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.
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.
159 E WATER TANK Road, Gilbert, AZ 85296 is a 2 bedroom, 2 bathroom, 2,280 sqft single-family home built in 2024. It last sold for $1,050,000 on Aug 6, 2026 (2% below the $1,075,000 asking price). It is currently off market. The Trulia Estimate is $1,034,000, with a rent estimate of $2,889/month.
Home Details for 159 E WATER TANK Road
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2280 Square Feet |
Appliances & Utilities Appliances: Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas RangeDishwasherDisposalDryerLaundry: Inside,Gas Dryer HookupRefrigeratorWasher |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Spa: NoneNo Fireplace |
Windows, Doors, Floors & Walls Window: Screens, Double Pane WindowsFlooring: Laminate, Tile |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Floors: Laminate, Tile |
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Exterior Home Features Roof: Tile MetalPatio / Porch: CoveredFencing: Block, WoodExterior: Rain Gutters, RV Hookup |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: Attached,RV Access/Parking,Temp Controlled |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Tank |
Farm & Range Allowed to Raise Horses |
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Cumulative Days on Market: 144 |
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Year Built Year Built: 2024 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary,Ranch |
Building Construction Materials: Wood Siding, Wood Frame, PaintedNot Attached Property |
Property Information Parcel Number: 30423020E |
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Price List Price: $1,075,000Price Per Sqft: $461/sqft |
Status Change & Dates Off Market Date: Fri Aug 07 2026Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: GilbertCommunity: Metes and bounds |
School Information Elementary School: Gilbert Elementary SchoolElementary School District: Gilbert Unified DistrictJr High / Middle School: Mesquite Jr High SchoolHigh School: Gilbert High SchoolHigh School District: Gilbert Unified District |
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Building Area Building Area: 2280 Square Feet |
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HOA Fee Includes: No FeesNo HOA |
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Lot Area: 0.99 acres |
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Listing Terms: Cash, Conventional |
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Business Information Ownership: Fee Simple |
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Mls Number: 6999436 |
Last check for updates: about 20 hours ago
Listed by Stephanie Troy, (602) 793-6518
SERHANT.
Bought with: Alexander Olson, (480) 930-1889, Compass
Source: ARMLS, MLS#6999436

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 159 E WATER TANK Road
| Date | Price | Event | Source |
|---|---|---|---|
| 08/06/2026 | $1,050,000 | Sold | ARMLS #6999436 |
| 07/16/2026 | $1,075,000 | Contingent | ARMLS #6999436 |
| 07/01/2026 | $1,075,000 | PriceChange | ARMLS #6999436 |
| 05/27/2026 | $1,199,000 | PriceChange | ARMLS #6999436 |
| 03/17/2026 | $1,300,000 | Listed For Sale | ARMLS #6999436 |
| 11/16/2016 | $305,000 | Sold | N/A |
| 11/23/2004 | $250,000 | Sold | ARMLS #2200402 |
| 02/02/1996 | $125,000 | Sold | N/A |
| 01/30/1995 | $1,000 | Sold | N/A |
Market trends in Gilbert
Last updated June 2026
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
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,033 |
| Assessment | $812,100 |
Home facts updated by county records
Comparable Sales for 159 E WATER TANK Road
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $650,000 | 10/10/25 | 4 | 2 | 2,179 | |
0.60 | Single-Family Home | $1,050,000 | 03/23/26 | 3 | 2.5 | 2,054 | |
0.21 | Single-Family Home | $640,000 | 05/14/26 | 3 | 2 | 1,982 | |
0.08 | Single-Family Home | $2,040,000 | 06/05/26 | 4 | 3.5 | 4,405 | |
0.13 | Single-Family Home | $544,000 | 04/10/26 | 3 | 2 | 1,706 | |
0.11 | Single-Family Home | $559,900 | 03/26/26 | 3 | 2 | 1,546 | |
0.20 | Single-Family Home | $700,000 | 12/30/25 | 4 | 2 | 2,378 | |
0.24 | Single-Family Home | $570,000 | 10/03/25 | 4 | 2 | 2,454 | |
0.20 | Single-Family Home | $625,000 | 07/15/26 | 3 | 2 | 1,546 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 159 E WATER TANK Road.
What Locals Say about Gilbert
At least 1898 Trulia users voted on each feature.
93 % Say there are sidewalks
93 % Say it's dog friendly
89 % Say car is needed
84 % Say people would walk alone at night
82 % Say parking is easy
81 % Say there's holiday spirit
80 % Say streets are well-lit
78 % Say kids play outside
75 % Say it's quiet
75 % Say yards are well-kept
56 % Say neighbors are friendly
53 % Say they plan to stay for at least 5 years
48 % Say it's walkable to restaurants
47 % Say it's walkable to grocery stores
37 % Say there are community events
28 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 159 E WATER TANK Road
Off Market Homes Near 159 E WATER TANK Road
Frequently asked questions about 159 E WATER TANK Road
- What is 159 E WATER TANK Road estimated to be worth?Trulia's estimated value for 159 E WATER TANK Road in Gilbert, AZ is $1,034,000.
- What is the price history for 159 E WATER TANK Road?159 E WATER TANK Road in Gilbert, AZ last sold for $1,050,000 in August 2026.
- Is Gilbert a buyer's or seller's market?Gilbert is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Gilbert?The median sale price in Gilbert is $569K. That is down $3.33K from the prior month.
- Does 159 E WATER TANK Road have air conditioning?Yes, 159 E WATER TANK Road in Gilbert, AZ has air conditioning.
- Does 159 E WATER TANK Road have laundry facilities?Yes, 159 E WATER TANK Road in Gilbert, AZ has in-unit laundry.


