$599,000
UNDER CONTRACT $21K PRICE DROP

135 S Abalone Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated payment $3,388/month

Total Views 14,309
4 Beds
2.5 Baths
2,529 Sq Ft
$237 Price per Sq Ft

Highlights

  • Vaulted Ceiling
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Islands Elementary School Rated A-
  • Balcony
  • Double Pane Windows

About This Home

Completely remodeled in 2025, this beautifully updated home offers modern comfort, flexible living spaces, and significant savings with an **ASSUMABLE FHA LOAN ($290k - $1443/mo P&I) at 3.25%** The spacious layout includes 4 bedrooms upstairs and a versatile den/guest room on the main level, perfect for remote work or multi-generational living. A 20x8 bonus room adds even more flexibility—ideal for a home theater, music studio, gym, or private office. Step out onto the MBR balcony and take in peaceful lake views with no rear neighbors—just a wide, lush greenbelt providing privacy and natural beauty. Stylish tile flooring throughout high-traffic areas combines durability with elegance. Don't miss this rare opportunity!

Listing Agent

Gregory Gallese

HomeSmart Brokerage Phone: 480-522-0644 License #SA013212000 Listed on: 06/01/2025

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,555

Year Built

  • Built in 1994

Lot Details

  • 7,500 Sq Ft Lot
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $61 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,529 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Family Room with Fireplace

Kitchen

  • Kitchen Updated in 2025
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Double Vanity

Laundry

  • Laundry in unit
  • Washer Hookup

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Islands Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Utilities

  • Cooling System Updated in 2022
  • Central Air
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 137
  • Assessor Parcel Number 310-04-363

Community Details

Overview

  • Association fees include ground maintenance
  • The Islands HOA, Phone Number (480) 551-4300
  • Built by Blandford
  • Martinique 3 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,555

Year Built

Built in 1994

Lot Details

0

HOA Fees

$61 per month

Parking

2

Listing Details

  • Cross Street: Elliot & McQueen
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee: N
  • Recreation Center Paid Frequency: Semi-Annually
  • Total Monthly Fee Equivalent: 60.74
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2020
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2020
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2022
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2025
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Martinique 3
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 236.85
  • Special Features: UnderContract

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Double Vanity, Eat-in Kitchen, Pantry, Granite Counters, High Speed Internet, Upstairs, Vaulted Ceiling(s)
  • Living Area: 2529.0
  • Stories: 2
  • Window Features: Dual Pane

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Private: No
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Wood Frame, Painted, Stucco
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gated, Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 364.46
  • Association Fee Frequency: Semi-Annually
  • Association Name: The Islands HOA
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2147.29
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 364.46
  • Association Fees:Disclosure Fees HOA: 245.0

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Islands Elementary School
  • High School: Mesquite High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7500.0
  • Parcel #: 310-04-363

Building Info

  • Builder Name: Blandford

Tax Info

  • Tax Annual Amount: 2555.0
  • Tax Lot: 137

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,652 $28,973 -- --
2024 $2,566 $27,593 -- --
2023 $2,566 $41,560 $8,310 $33,250
2022 $2,496 $31,780 $6,350 $25,430
2021 $2,578 $29,900 $5,980 $23,920
2020 $2,543 $28,370 $5,670 $22,700
2019 $2,361 $26,460 $5,290 $21,170
2018 $2,299 $25,060 $5,010 $20,050
2017 $2,223 $24,050 $4,810 $19,240
2016 $2,272 $23,620 $4,720 $18,900
2015 $2,080 $21,970 $4,390 $17,580
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2026 01/13/26 Price Changed $599,000 -1.8% $237 / Sq Ft
01/02/2026 01/02/26 Off Market $609,900 -- --
12/29/2025 12/29/25 Price Changed $609,900 0.0% $241 / Sq Ft
12/29/2025 12/29/25 For Sale $609,900 -0.4% $241 / Sq Ft
12/16/2025 12/16/25 Price Changed $612,500 -0.4% $242 / Sq Ft
11/29/2025 11/29/25 For Sale $615,000 0.0% $243 / Sq Ft
11/19/2025 11/19/25 Off Market $615,000 -- --
07/01/2025 07/01/25 Price Changed $615,000 -0.8% $243 / Sq Ft
07/01/2025 07/01/25 Price Changed $619,900 0.0% $245 / Sq Ft
06/01/2025 06/01/25 For Sale $620,000 +202.4% $245 / Sq Ft
05/24/2012 05/24/12 Sold $205,000 +2.5% $90 / Sq Ft View Prior Sale
02/25/2012 02/25/12 For Sale $200,000 -- $88 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Pioneer Title Agency
Warranty Deed $335,500 Stewart Ttl & Tr Of Phoenix
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- First Arizona Title Agency
Cash Sale Deed $205,000 First Arizona Title Agency
Warranty Deed $221,000 Capital Title Agency Inc
Interfamily Deed Transfer -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,778 New Conventional
Previous Owner $329,422 FHA
Previous Owner $209,950 New Conventional
Previous Owner $35,000 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6872165

Arizona Regional Multiple Listing Service (ARMLS)

APN: 310-04-363

Arizona Maricopa County Gilbert 85233 The Islands

135 S Abalone Dr, Gilbert, AZ

Under Contract

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Gregory Gallese
Listing Agent
Gregory Gallese
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HomeSmart
(623) 294-6498