$1,114,500
- 4 Beds
- 3 Baths
- 2,757 sqft
770 S OCEAN Drive, Gilbert, AZ 85233
Est. Refi. Payment $6,162/mo*
Refinance Your HomeCurrently Off Market - Sold May 9, 2025 for $850,000
Home Value
Trulia Estimate
$1.11MSince last month
Decreased$8K (-0.7%)Since last year
Increased$275K (+32.8%)Since last sale
Increased$265K (+31.1%)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 +142% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.11M |
| July 2026 | $1.12M |
| June 2026 | $1.12M |
| May 2026 | $1.12M |
| April 2026 | $1.12M |
| March 2026 | $1.15M |
| February 2026 | $838K |
| January 2026 | $838K |
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 |
|---|---|---|---|---|---|---|---|
0.10 | Single-Family Home | $690,000 | 09/22/25 | 4 | 3 | 2,757 | |
0.13 | Single-Family Home | $1,060,000 | 03/18/26 | 4 | 3 | 2,719 | |
0.09 | Single-Family Home | $648,250 | 05/28/26 | 5 | 3 | 2,719 | |
0.21 | Single-Family Home | $942,000 | 07/10/26 | 4 | 2.5 | 2,493 | |
0.17 | Single-Family Home | $548,000 | 04/29/26 | 5 | 3 | 2,857 | |
0.14 | Single-Family Home | $1,220,000 | 12/10/25 | 5 | 3 | 3,251 | |
0.38 | Single-Family Home | $763,300 | 11/19/25 | 4 | 3 | 2,690 | |
0.26 | Single-Family Home | $1,030,000 | 05/05/26 | 5 | 3 | 3,251 | |
0.20 | Single-Family Home | $960,000 | 06/04/26 | 3 | 2 | 2,613 |
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 |
|---|---|---|---|---|---|---|
0.05 | $623,900 | 5 | 3 | 2,719 | Off Market | |
0.06 | $739,900 | 5 | 3 | 2,719 | Off Market | |
0.08 | $927,000 | 5 | 3 | 3,673 | For Sale | |
0.09 | $699,900 | 5 | 3 | 2,719 | For Sale | |
0.13 | $1,060,000 | 4 | 3 | 2,719 | Recently Sold | |
0.11 | - | 5 | 3 | 2,719 | Off Market | |
0.10 | - | 4 | 3 | 2,757 | Off Market | |
0.15 | - | 3 | 2 | 1,602 | Off Market | |
0.14 | $1,220,000 | 5 | 3 | 3,251 | Recently Sold | |
0.15 | $695,300 | 3 | 3 | 2,003 | Off Market | |
0.11 | $1,303,400 | 5 | 4 | 4,032 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1994
Living Area
2,757 sqft
Price/Sqft
$404
Parking
Garage
HOA
$64/Monthly
About this House
This is it! Stunning Single Level Waterfront Home with a 3-car garage in the Highly Desirable Islands Lakes Community. Walk through the Front Door and you will be Wowed with the Waterfront Views. Spacious and Open Floorplan Cathedral Ceilings Plantation Shutters. This Waterfront Home is Perfect for Relaxing and Entertaining inside and out. Kitchen has Granite Counters Built-in Ovens, Cooktop and Microwave and large Pantry. Primary Bedroom is Huge with walk in Closet next Exit to EXTENDED 18 FT.COVERED PATIO with fantastic views from your Waterfront Oasis. Covered Patio and a Boat Dock where you can kayak, or go fishing right in your very own backyard. Live a unique lifestyle in this wonderful waterfront community! Make sure not to miss it!
770 S OCEAN Drive, Gilbert, AZ 85233 is a 4 bedroom, 3 bathroom, 2,757 sqft single-family home in The Islands, built in 1994. It last sold for $850,000 on May 9, 2025 (5% below the $898,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,114,500, with a rent estimate of $3,572/month.
Last check for updates: about 20 hours ago
Listed by Gary Colin, (602) 501-4580
Real Broker
Karsten Kass Colin, (602) 908-0635
Real Broker
Bought with: Gary Colin, (602) 501-4580, Real Broker
Co-Buyer's Agent: Karsten Kass Colin, (602) 908-0635, Real Broker
Source: ARMLS, MLS#6777499

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Home Details for 770 S OCEAN Drive
|
|---|
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 2757 Square Feet |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric |
Fireplace & Spa Spa: None |
Windows, Doors, Floors & Walls Window: Skylight(s), Solar Screens |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1 |
|
|---|
Exterior Home Features Roof: TilePatio / Porch: CoveredFencing: BlockExterior: PlaygroundNo Private Pool |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageParking Spaces: 3Parking: Garage Door Opener |
Pool Pool: None |
Frontage WaterfrontWaterfront: WaterfrontOn Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
|
|---|
Cumulative Days on Market: 177 |
|
|---|
Year Built Year Built: 1994 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Stucco, BlockNot Attached Property |
Property Information Parcel Number: 31004319 |
|
|---|
Price List Price: $898,000 |
Status Change & Dates Off Market Date: Sat May 10 2025Possession Timing: Close Of Escrow |
|
|---|
MLS Status: Closed |
|
|---|
Direction & Address City: GilbertCommunity: CATALINA BAY AT THE ISLANDS UNIT 4 |
School Information Elementary School: Islands Elementary SchoolElementary School District: Gilbert Unified DistrictJr High / Middle School: Gilbert Junior High SchoolHigh School: Gilbert High SchoolHigh School District: Gilbert Unified District |
|
|---|
Building Area Building Area: 2757 Square Feet |
|
|---|
Community Features: Lake, Playground |
Other Playground |
|
|---|
HOA Fee Includes: Maintenance GroundsHOA Name: First Serv ResHOA Phone: 480-551-4300Has an HOAHOA Fee: $383/Semi-Annually |
|
|---|
Lot Area: 8573 sqft |
|
|---|
Listing Terms: Cash, Conventional, FHA, VA Loan |
|
|---|
Energy Efficiency Features: Multi-Zones |
|
|---|
Business Information Ownership: Fee Simple |
|
|---|
Mls Number: 6777499 |
|
|---|
LakePlayground |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 13, 2026 Source: ARMLS #6993687 | ListingRemoved | $1,149,000 |
Apr 1, 2026 Source: ARMLS #6993687 | PriceChange | $1,149,000 Price decreased by 1% |
Mar 12, 2026 Source: ARMLS #6993687 | Listed For Sale | $1,165,000 |
May 9, 2025 Source: ARMLS #6777499 | Sold | $850,000 |
Nov 14, 2024 Source: ARMLS #6777499 | Listed For Sale | $898,000 |
Jun 18, 2003 Source: N/A | Sold | $330,200 |
Mar 7, 1997 Source: N/A | Sold | $256,000 |
Apr 20, 1994 Source: N/A | Sold | $204,598 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,522 | $683,800 |
Home facts updated by county records
Market trends in Gilbert
Last updated July 2026
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
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Frequently asked questions about 770 S OCEAN Drive
- What is 770 S OCEAN Drive estimated to be worth?Trulia's estimated value for 770 S OCEAN Drive in Gilbert, AZ is $1,114,500.
- What is the price history for 770 S OCEAN Drive?770 S OCEAN Drive in Gilbert, AZ last sold for $850,000 in May 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 770 S OCEAN Drive have air conditioning?Yes, 770 S OCEAN Drive in Gilbert, AZ has air conditioning.
- How big is the lot at 770 S OCEAN Drive?The lot at 770 S OCEAN Drive in Gilbert, AZ is about 0.20 acres (8,573 sq ft).

