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The Islands Multifamily Home for Sale

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    $635,000

    • 3 Beds
    • 3 Baths
    • 2,545 Sq Ft

    1414 W Coral Reef Dr, Gilbert, AZ 85233

    WATERFRONT IN THE ISLANDS! This well cared for home is the ultimate opportunity in the neighborhood! Well built with 2x6 construction, and well cared for with a new AC unit in 2023, modern baths, luxury finishes and tons of space, you'll feel right at home! Enjoy a den and private bath downstairs and 3 large bedrooms upstairs.The gourmet kitchen opens to the family room with

    Chelsea Anderson Keller Williams Realty East Valley

    1414 W Coral Reef Dr, Gilbert, AZ 85233

Why Live in The Islands

The Islands neighborhood in Gilbert, Arizona, offers a unique lakeside living experience uncommon in the desert. Situated around three man-made lakes on the border of Gilbert and Chandler, this planned community features Spanish-style homes with tile roofs, stone ornamentation, and stucco exteriors, along with some ranch-style houses. The neighborhood is divided between the Gilbert Public Schools and Chandler Unified School Districts, both highly rated, with students attending Islands Elementary School and Mesquite Junior High School. The Islands Community Association organizes various events, including holiday boat parades and concerts at Islands Park, which also features a basketball court, playground, and charcoal grills. Residents enjoy boating on the lakes and visiting nearby Provinces Park for additional green space. Dining and entertainment options are plentiful, with local favorites like Boba Cutea Bubble Tea Cafe and DC Steakhouse, as well as Gilbert Town Square's Regal Cinemas and Bowlero. The neighborhood is 20 miles from Phoenix, with convenient access to highways 60 and 101, and Valley Metro transportation stops nearby. For air travel, Phoenix Sky Harbor International Airport is a hub for American Airlines. The Islands is a low crime risk area compared to the national average, making it a desirable place to live.

Home Trends in The Islands, AZ

Housing Trends

Median Sale Price
$477,500
Median Single Family Sale Price
$480,000
Median Townhouse Sale Price
$360,000
Median 2 Bedroom Sale Price
$305,000
Median 1 Bedroom Sale Price
$145,000
Average Price Per Sq Ft
$297
Number of Homes for Sale
14
Last 12 months Home Sales
177
Months of Supply
0.90
Median List Price
$399,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
46%
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