532 S LAGOON Drive, Gilbert, AZ 85233
Property image
Property image
OFF MARKET

532 S LAGOON Drive
Gilbert, AZ 85233

The Islands
  • 4 Beds
  • 2 Baths
  • 2,714 sqft

$712,100

Trulia Estimate
as of Jul 5, 2026
Est. Refi. Payment $3,896/mo*
Refinance Your Home

$712,100

Trulia Estimate
as of Jul 5, 2026
Est. Refi. Payment $3,896/mo*
Refinance Your Home
4 Beds
2 Baths
2,714 sqft

Local Information

  • Map ViewExplore the area around 532 S LAGOON Drive.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Amazing price for a waterfront home in the Islands! 4 bedroom (plus den) and 2 baths. Formal living and dining spaces plus family room with fireplace. 3rd bay of garage converted to heated and cooled room - great for office or gym! Just waiting for the new owners to make it their own! Motivated seller!
532 S LAGOON Drive, Gilbert, AZ 85233 is a 4 bedroom, 2 bathroom, 2,714 sqft single-family home in The Islands, built in 1991. It last sold for $725,000 on Apr 14, 2025 (3% below the $750,000 asking price). More recently, it was listed as a rental in July 2015 with an asking price of $1,995 per month. That rental listing was removed on July 17, 2015. It is currently off market. The Trulia Estimate is $712,100, with a rent estimate of $3,004/month.

Home Highlights

Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
$64/Monthly
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 532 S LAGOON Drive

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2
Dimensions and Layout
Living Area: 2714 Square Feet
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Fireplace & Spa
Spa: Above GroundHas a Spa
Windows, Doors, Floors & Walls
Flooring: Tile
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Tile

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: Covered, PatioFencing: BlockNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 3No CarportHas a GarageHas Open ParkingParking Spaces: 5Parking: Garage Door Opener,Direct Access
Pool
Pool: None
Frontage
WaterfrontWaterfront: WaterfrontOn Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 53

Property Information

Year Built
Year Built: 1991
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Stucco, Wood Frame, PaintedNot Attached Property
Property Information
Parcel Number: 30296310

Price & Status

Price
List Price: $750,000
Status Change & Dates
Off Market Date: Wed Apr 02 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: GilbertCommunity: WINDHAVEN
School Information
Elementary School: Islands Elementary SchoolElementary School District: Gilbert Unified DistrictJr High / Middle School: Mesquite Jr High SchoolHigh School: Mesquite High SchoolHigh School District: Gilbert Unified District

Building

Building Area
Building Area: 2714 Square Feet

Community

Community Features: Lake

HOA

HOA Fee Includes: Maintenance GroundsHOA Name: Islands CommunityHOA Phone: 480-545-7740Has an HOAHOA Fee: $383/Semi-Annually

Lot Information

Lot Area: 8747 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6815841

Additional Information

Lake
Last check for updates: about 5 hours ago
Listed by Kathleen Scott, (206) 349-3809
Redfin Corporation
Bought with: Marie Nowicki, (602) 326-2845, West USA Realty
Source: ARMLS, MLS#6815841
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Price History for 532 S LAGOON Drive

DatePriceEventSource
04/14/2025$725,000Sold
ARMLS #6815841
04/02/2025$750,000PendingARMLS #6815841
02/26/2025$750,000PriceChange
ARMLS #6815841
02/22/2025$755,000PriceChange
ARMLS #6815841
02/08/2025$775,000Listed For SaleARMLS #6815841
07/17/2015$1,995ListingRemovedAgent Provided
07/02/2015$1,995Listed For RentAgent Provided
09/12/2013$1,750ListingRemovedAgent Provided
08/20/2013$1,750Listed For RentAgent Provided
03/06/1995$200,000Sold
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$3,967
Assessment$701,700
Home facts updated by county records

Comparable Sales for 532 S LAGOON Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
518 S LAGOON Drive, Gilbert, AZ
0.03
Single-Family Home
$960,000
06/04/26
3
2
2,613
1147 W NEWPORT BEACH Drive, Gilbert, AZ
0.06
Single-Family Home
$615,000
02/19/26
3
2
2,048
758 S Lagoon Drive, Gilbert, AZ
0.14
Single-Family Home
$690,000
09/22/25
4
3
2,757
517 S ROCK HARBOR Drive, Gilbert, AZ
0.10
Single-Family Home
$548,000
04/29/26
5
3
2,857
869 W EMERALD ISLAND Drive, Gilbert, AZ
0.28
Single-Family Home
$705,000
01/29/26
4
2
2,414
780 S Lagoon Drive, Gilbert, AZ
0.16
Single-Family Home
$649,000
07/14/25
5
3
2,719
437 S PORT Drive, Gilbert, AZ
0.27
Single-Family Home
$735,000
04/01/26
4
2
2,414
1231 W ISLANDIA Drive, Gilbert, AZ
0.20
Single-Family Home
$648,250
05/28/26
5
3
2,719
819 W HARBOR Drive, Gilbert, AZ
0.39
Single-Family Home
$710,000
07/31/25
5
2
2,414

Nearby homes

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Assigned Schools

These are the assigned schools for 532 S LAGOON Drive.
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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Homes for sale near 532 S LAGOON Drive

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Off Market Homes Near 532 S LAGOON Drive

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