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

$720,700

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 2,714 sqft

532 S LAGOON Drive, Gilbert, AZ 85233

The Islands
Est. Refi. Payment $4,064/mo*
Refinance Your Home
Currently Off Market - Sold Apr 14, 2025 for $725,000

Home Value

Trulia Estimate
$721K
Since last month
Increased$4K (+0.6%)
Since last year
Increased$6K (+0.8%)
Since last sale
Decreased$6K (-0.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +50% in the last 10 years
MonthEstimated value
2026
August 2026$720K
August 2026$719K
July 2026$716K
June 2026$712K
May 2026$711K
March 2026$707K
February 2026$713K
January 2026$713K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
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
510 S LAGOON Drive, Gilbert, AZ
0.04
Single-Family Home
$942,000
07/10/26
4
2.5
2,493
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
437 S PORT Drive, Gilbert, AZ
0.27
Single-Family Home
$735,000
04/01/26
4
2
2,414
1042 W NEWPORT BEACH Drive, Gilbert, AZ
0.19
Single-Family Home
$650,000
09/03/26
4
2.5
2,493
1231 W ISLANDIA Drive, Gilbert, AZ
0.20
Single-Family Home
$648,250
05/28/26
5
3
2,719
414 S SURFSIDE Drive, Gilbert, AZ
0.36
Single-Family Home
$745,000
08/20/26
4
2
2,414

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
518 S LAGOON Drive, Gilbert, AZ 85233
0.03
$960,000
3
2
2,613
Recently Sold
510 S LAGOON Drive, Gilbert, AZ 85233
0.04
$942,000
4
2.5
2,493
Recently Sold
517 S ROCK HARBOR Drive, Gilbert, AZ 85233
0.10
$799,900
5
3
2,857
For Sale
1147 W NEWPORT BEACH Drive, Gilbert, AZ 85233
0.06
$615,000
3
2
2,048
Recently Sold
1175 W SALMON Court, Gilbert, AZ 85233
0.09
$411,600
3
3
1,397
Off Market
1232 W EDGEWATER Drive, Gilbert, AZ 85233
0.09
$1,317,900
5
4
4,032
Off Market
1105 W SANDY BANKS --, Gilbert, AZ 85233
0.09
$385,400
3
2.5
1,397
Off Market
1248 W EDGEWATER Drive, Gilbert, AZ 85233
0.11
$739,900
5
3
2,719
Off Market
1101 W SANDY BANKS Lane, Gilbert, AZ 85233
0.09
$423,000
3
3
1,402
Off Market
518 S SEAWYNDS Boulevard, Gilbert, AZ 85233
0.12
$394,100
3
3
1,346
Off Market
1122 W SANDY BANKS --, Gilbert, AZ 85233
0.11
$395,000
3
2.5
1,346
Recently Sold

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

Home Highlights

Single-Family Home
Built in 1991
2,714 sqft
$266/sqft
Garage
HOA $64/mo

About this House

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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $720,700, with a rent estimate of $3,028/month.
Last check for updates: about 9 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.

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

Price and Tax history

DateEventPrice
Apr 14, 2025
Source: ARMLS #6815841
Sold
$725,000
Apr 2, 2025
Source: ARMLS #6815841
Pending
$750,000
Feb 26, 2025
Source: ARMLS #6815841
PriceChange
$750,000
Price decreased by 1%
Feb 22, 2025
Source: ARMLS #6815841
PriceChange
$755,000
Price decreased by 3%
Feb 8, 2025
Source: ARMLS #6815841
Listed For Sale
$775,000

Market trends in Gilbert

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$574K
$4.67KMoM
Sale-to-List Price
98.9%
Price per sq ft
$279
$0MoM
Available listings
1109
12MoM

Around this home

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

Frequently asked questions about 532 S LAGOON Drive

  • What is 532 S LAGOON Drive estimated to be worth?
    Trulia's estimated value for 532 S LAGOON Drive in Gilbert, AZ is $720,700.
  • What is the price history for 532 S LAGOON Drive?
    532 S LAGOON Drive in Gilbert, AZ last sold for $725,000 in April 2025.
  • 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 $574K. That is up $4.67K from the prior month.
  • Does 532 S LAGOON Drive have air conditioning?
    Yes, 532 S LAGOON Drive in Gilbert, AZ has air conditioning.
  • How big is the lot at 532 S LAGOON Drive?
    The lot at 532 S LAGOON Drive in Gilbert, AZ is about 0.20 acres (8,747 sq ft).

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