
1479 E Rakestraw Ln Gilbert, AZ 85298
South Gilbert NeighborhoodEstimated payment $5,286/month
Highlights
- Gated Community
- Contemporary Architecture
- Granite Countertops
- Weinberg Gifted Academy Rated A
- Corner Lot
- Community Spa
About This Home
Beautiful single family home featured in the highly desirable private community of Waterstone North located in Gilbert, AZ. This newly built home incorporates a subtle balance of contemporary finishes with a modern farmhouse design. The home offers 4 bedrooms, +Den, 3.5 full baths, an open concept [3,173 sq ft] floor plan, upgraded kitchen w/ shaker cabinetry, quartz countertops, ss appliances, spacious (eat-in) center island, gas cooking, and scullery/pantry. Additional home details will also include 9ft+ ceilings, dedicated dining space, spacious [great room] living space, tile plank [pale oak wood look] flooring, modern plumbing/lighting fixtures, and lots of windows offering great natural light throughout the living spaces. The master retreat boasts spacious sleeping quarters, an.. ensuite w/ dual vanity, large step-in shower, and walk-in closet. Lastly, the home features a 2-car tandem garage, highly desirable corner lot, private backyard featuring an extended covered patio space, artificial turf, and low maintenance landscaping--perfect for entertaining family and friends. Waterstone North is a private gated community offering residents scenic walking paths, green spaces, playgrounds, and a community pool. Community is within close proximity to downtown Gilbert, Chandler Fashion Square, and Gilbert Mercy Hospital.
Listing Agent
Realty Executives Arizona Territory License #SA645379000 Listed on: 08/08/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $346
Year Built
- Built in 2024
Lot Details
- 7,607 Sq Ft Lot
- Block Wall Fence
- Corner Lot
- Grass Covered Lot
HOA Fees
- $165 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Composition Roof
- Stone Exterior Construction
- Stucco
Interior Spaces
- 3,173 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Double Pane Windows
Kitchen
- Breakfast Bar
- Gas Cooktop
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Easy To Use Faucet Levers
Schools
- Weinberg Gifted Academy Elementary School
- Perry High Middle School
- Perry High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Propane
- High Speed Internet
- Cable TV Available
Additional Features
- Doors with lever handles
- Covered patio or porch
Listing and Financial Details
- Tax Lot 157
- Assessor Parcel Number 313-33-635
Community Details
Overview
- Association fees include ground maintenance
- Waterstone Community Association, Phone Number (602) 437-4777
- Built by TRI POINTE HOMES OF ARIZONA
- Waterston North Phase 1 Subdivision
Recreation
- Community Playground
- Community Spa
- Bike Trail
Additional Features
- Recreation Room
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $346 | $3,400 | $3,400 | -- |
2024 | $339 | $3,238 | $3,238 | -- |
2023 | $339 | $15,195 | $15,195 | $0 |
2022 | $330 | $5,340 | $5,340 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/08/2025 08/08/25 | For Sale | $930,000 | -- | $293 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Special Warranty Deed | $811,709 | None Listed On Document | |
Special Warranty Deed | $6,259,309 | First American Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $771,120 | New Conventional |
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Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6903522

APN: 313-33-635
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