1517 E Rakestraw Ln Gilbert, AZ 85298
South Gilbert NeighborhoodEstimated payment $4,521/month
Total Views
3,608
4
Beds
3
Baths
2,939
Sq Ft
$269
Price per Sq Ft
Highlights
- Gated Community
- Community Lake
- Granite Countertops
- Weinberg Gifted Academy Rated A
- Santa Barbara Architecture
- Lap or Exercise Community Pool
About This Home
Welcome to this stunning 4-bedroom, 3-bath home with a loft, nestled inside a sought-after gated community. From the moment you step inside, you'll notice the attention to detail and thoughtful upgrades throughout. The first floor offers a full bedroom and bath, perfect for guests, in-laws, or a private home office. The chef's kitchen is designed to impress with dramatic porcelain tile backsplash reaching the ceiling in giant slabs, striking waterfall counters, double ovens, a walk-in pantry, and a custom trash drawer. The included refrigerator makes it move-in ready. Luxury vinyl plank flooring carries through the main level, complemented by white wood shutters for a clean and timeless look. Upstairs, the spacious loft offers versatility while granite countertops elevate the bathrooms, with the exception of the other bath. Step outside to a backyard built for entertaining and relaxation. A soothing water feature, shaded pergola, artificial turf, trellis accents, planter boxes, and sun screens create a private oasis. Whether hosting gatherings or enjoying a quiet evening, this outdoor space delivers. Additional highlights include a 2-car garage with epoxy flooring, Tesla charger, and included washer and dryer. With its thoughtful design, luxury finishes, and resort-style outdoor living, this home is ready to welcome you as it's next owner.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,222
Year Built
- Built in 2023
Lot Details
- 5,967 Sq Ft Lot
- Desert faces the front of the property
- Block Wall Fence
- Artificial Turf
HOA Fees
- $165 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Santa Barbara Architecture
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 2,939 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Vinyl Clad Windows
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Built-In Electric Oven
- Gas Cooktop
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Schools
- Robert J.C. Rice Elementary School
- Willie & Coy Payne Jr. High Middle School
- Perry High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Tankless Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- North or South Exposure
- Covered Patio or Porch
Listing and Financial Details
- Tax Lot 153
- Assessor Parcel Number 313-33-631
Community Details
Overview
- Association fees include ground maintenance
- City Property Mgmt Association, Phone Number (602) 437-4777
- Built by Tri Pointe Homes
- Waterston North Phase 1 Subdivision
- Electric Vehicle Charging Station
- Community Lake
Recreation
- Community Playground
- Lap or Exercise Community Pool
- Children's Pool
- Bike Trail
Security
- Gated Community
Map
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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 | $2,251 | $28,914 | -- | -- |
| 2024 | $266 | $27,538 | -- | -- |
| 2023 | $266 | $12,360 | $12,360 | $0 |
| 2022 | $258 | $4,185 | $4,185 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/28/2025 09/28/25 | Pending | -- | -- | -- |
| 09/25/2025 09/25/25 | For Sale | $789,900 | -- | $269 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $692,306 | None Listed On Document | |
| Special Warranty Deed | $4,721,580 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $623,075 | New Conventional |
Source: Public Records
About the Listing Agent
Michelle Colbert moved to Phoenix from Champaign, IL, bringing with her over 16 years of real estate experience. She has held nearly every role in the industry— starting as an Executive Assistant and growing into positions like Buyer Specialist, Listing Specialist, Lead of Productivity, and now Owner of the Wood & Rise Real Estate Group. This is a powerhouse team filled with collaboration that leverages their complementary strengths to deliver unparalleled service to buyers and sellers
Michelle's Other Listings
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6924528
APN: 313-33-631
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.
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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