648 S CHOLLA Street
Gilbert, AZ 85233
Lago Estancia- 5 Beds
- 2.5 Baths
- 2,781 sqft
$685,000
Last Sold: Apr 29, 2026
8% below list $745K
$246/sqft
Est. Refi. Payment $3,787/mo*
$685,000
Last Sold: Apr 29, 2026
8% below list $745K
$246/sqft
Est. Refi. Payment $3,787/mo*
5 Beds
2.5 Baths
2,781 sqft
Local Information
-- mins to
Description
Welcome to 648 S Cholla St - your perfect waterfront family home in the desirable lake community of Lago Estancia! This community is just about one mile from downtown Gilbert with its award-winning restaurants, vibrant nightlife, shopping and popular community events. However, a convenient stone's throw from this home you'll find excellent family restaurants, convenient shopping and other services. Lago Estancia is a scenic lake community with easy access to the water, two miles of safe, paved walking paths, a bridge perfect for photographing family events and a large community park.
The Sellers - the original owners of this ample, 2,781 square foot home - purchased the property to raise their young family in this wonderful community. Now all the children are adults and living independent lives, and this much loved, well cared-for home is awaiting its new family. This 5 bed, 2.5 bath house offers significant upgrades: the large kitchen was completely remodeled - look at the photographs, it's huge and bright and gorgeous! In 2001, the Sellers hired a licensed contractor and added an additional, 482 square foot bedroom with a large, walk-in closet. This beautiful, permitted space served multiple functions for its family, first as a very large multi-child bedroom, and then as a kids' den and gathering space. And that's not all: the home has a 4 year old roof, a 2 year old pool pump, a refurbished pool and cool decking, and an updated master bath, new carpet, and new exterior and interior paint! Please note that the listing photos show empty walls - the Sellers had all the old wall hangings removed and the holes patched before the interior was freshly painted. They are leaving you a clean, perfect, blank canvas to design your new family home.
When you come see this perfect home, make sure you enjoy the green, peaceful back yard, and then walk down to the water and stroll along the 2 miles of scenic, paved paths. Bring your family to come see this home - you'll see how easy it will be to live here, raise your children, and enjoy the comfortable, outdoor and social lifestyle that Gilbert is known for!
The Sellers - the original owners of this ample, 2,781 square foot home - purchased the property to raise their young family in this wonderful community. Now all the children are adults and living independent lives, and this much loved, well cared-for home is awaiting its new family. This 5 bed, 2.5 bath house offers significant upgrades: the large kitchen was completely remodeled - look at the photographs, it's huge and bright and gorgeous! In 2001, the Sellers hired a licensed contractor and added an additional, 482 square foot bedroom with a large, walk-in closet. This beautiful, permitted space served multiple functions for its family, first as a very large multi-child bedroom, and then as a kids' den and gathering space. And that's not all: the home has a 4 year old roof, a 2 year old pool pump, a refurbished pool and cool decking, and an updated master bath, new carpet, and new exterior and interior paint! Please note that the listing photos show empty walls - the Sellers had all the old wall hangings removed and the holes patched before the interior was freshly painted. They are leaving you a clean, perfect, blank canvas to design your new family home.
When you come see this perfect home, make sure you enjoy the green, peaceful back yard, and then walk down to the water and stroll along the 2 miles of scenic, paved paths. Bring your family to come see this home - you'll see how easy it will be to live here, raise your children, and enjoy the comfortable, outdoor and social lifestyle that Gilbert is known for!
648 S CHOLLA Street, Gilbert, AZ 85233 is a 5 bedroom, 3 bathroom, 2,781 sqft single-family home in Lago Estancia, built in 1992. It last sold for $685,000 on Apr 29, 2026 (8% below the $745,000 asking price). It is currently off market. The Trulia Estimate is $684,700, with a rent estimate of $3,522/month.
Home Highlights
Parking
3 Car Garage
Outdoor
Pool
A/C
Heating & Cooling
HOA
$80/Monthly
Price/Sqft
$246/sqft
Listed
108 days ago
Home Details for 648 S CHOLLA Street
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2781 Square Feet |
Appliances & Utilities Utilities: Phone AvailableAppliances: Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric OvenDishwasherDisposalDryerLaundry: In Garage,See RemarksRefrigeratorWasher |
Heating & Cooling Heating: Heat PumpHas CoolingAir Conditioning: Heat Pump,Ceiling Fan(s),Programmable ThmstatHas HeatingHeating Fuel: Heat Pump |
Fireplace & Spa Spa: NoneNo Fireplace |
Gas & Electric Electric: 220 Volts in KitchenHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Carpet, Vinyl, Tile |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Floors: Carpet, Vinyl, Tile |
View Has a ViewView: Creek/Stream |
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Exterior Home Features Roof: TileFencing: Back Yard, Wrought IronExterior: BalconyFoundation: SlabHas a Private Pool |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 3No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 6Parking: Attached,Garage Door Opener,Direct Access,Side Vehicle Entry |
Pool Pool: Outdoor Pool, Play Pool, FencedPool |
Frontage WaterfrontWaterfront: WaterfrontResponsible for Road Maintenance: City Maintained RoadRoad Surface Type: AsphaltOn Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 31 |
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Year Built Year Built: 1992 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other |
Building Construction Materials: Stucco, Wood FrameNot Attached Property |
Property Information Usage of Home: NoneParcel Number: 30232669 |
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Price List Price: $745,000Price Per Sqft: $246/sqft |
Status Change & Dates Off Market Date: Mon Apr 13 2026Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: GilbertCommunity: PARCEL 3 OF LAGO ESTANCIA LOT 31-90 TR A-E |
School Information Elementary School: Gilbert Elementary SchoolElementary School District: Gilbert Unified DistrictJr High / Middle School: Mesquite Jr High SchoolHigh School: Mesquite High SchoolHigh School District: Gilbert Unified District |
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Building Details Builder Name: UDC |
Building Area Building Area: 2781 Square Feet |
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Community Features: Lake, Playground, Biking/Walking Path |
Other Playground |
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HOA Fee Includes: Maintenance GroundsHOA Name: Lago EstanciaHOA Phone: 480-844-2224Has an HOAHOA Fee: $80/Monthly |
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Lot Area: 6830 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: 6998430Water ViewWater View: Creek/Stream |
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LakePlaygroundBiking/Walking Path |
Last check for updates: about 10 hours ago
Listed by Elizabeth Yaquinto, (602) 670-1506
Bliss Realty & Investments
Bought with: Chad Thompson, (480) 433-0269, Gentry Real Estate
Source: ARMLS, MLS#6998430

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 648 S CHOLLA Street
| Date | Price | Event | Source |
|---|---|---|---|
| 04/29/2026 | $685,000 | Sold | ARMLS #6998430 |
| 04/13/2026 | $745,000 | Pending | ARMLS #6998430 |
| 03/14/2026 | $745,000 | Listed For Sale | ARMLS #6998430 |
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 | $2,435 |
| Assessment | $499,600 |
Home facts updated by county records
Comparable Sales for 648 S CHOLLA Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $582,000 | 12/08/25 | 4 | 3 | 2,758 | |
0.24 | Single-Family Home | $805,000 | 03/20/26 | 5 | 3 | 3,170 | |
0.24 | Single-Family Home | $610,000 | 07/10/26 | 5 | 2.5 | 2,410 | |
0.16 | Single-Family Home | $620,000 | 01/15/26 | 4 | 3 | 1,911 | |
0.12 | Single-Family Home | $539,000 | 02/20/26 | 4 | 2 | 2,123 | |
0.10 | Single-Family Home | $640,000 | 12/22/25 | 4 | 2 | 2,007 | |
0.21 | Single-Family Home | $689,900 | 03/30/26 | 4 | 3.5 | 3,020 | |
0.29 | Single-Family Home | $520,000 | 08/13/25 | 4 | 3 | 2,662 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 648 S CHOLLA Street.
What Locals Say about Lago Estancia
At least 6 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say it's walkable to grocery stores
100 % Say there are sidewalks
100 % Say there's holiday spirit
92 % Say car is needed
92 % Say yards are well-kept
92 % Say it's quiet
90 % Say parking is easy
88 % Say people would walk alone at night
70 % Say kids play outside
57 % Say it's walkable to restaurants
56 % Say they plan to stay for at least 5 years
55 % Say neighbors are friendly
50 % Say streets are well-lit
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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