165 E Water Tank Rd Gilbert, AZ 85296
Heritage District NeighborhoodEstimated payment $9,960/month
Highlights
- Horses Allowed On Property
- Private Pool
- 1.51 Acre Lot
- Gilbert Elementary School Rated A-
- RV Access or Parking
- Wood Flooring
About This Home
Rare opportunity to own a fully remodeled farmhouse on 1.5 acres near Downtown Gilbert. Updated in 2021, this thoughtfully designed home offers nearly 2,700 square feet with 3 bedrooms, 2 bathrooms, and a bright open-concept layout filled with natural light from Andersen windows and doors, complemented by quality wood flooring throughout.
The chef's kitchen was designed for both everyday living and entertaining, featuring quartz countertops, extensive cabinetry, a 12-foot island with a secondary sink, 36-inch farmhouse sink, KitchenAid stainless steel appliances including double ovens, oversized refrigerator/freezer, Scotsman nugget ice maker, and a dedicated coffee bar.
The spacious primary suite offers a true retreat with dual vanities, soaking tub, oversized rain shower, and a large walk-in closet.
Built with efficiency and comfort in mind, the home includes spray foam insulation, dual high-efficiency AC units, tankless water heater, whole-home water purification and softener system, and a 400-amp electrical panel with capacity for both the home and workshop.
The backyard is designed for both relaxation and recreation, featuring 5,000 square feet of artificial turf with a 4-hole putting green and a refinished 30,000-gallon diving pool complete with baja step, PebbleTec finish, umbrella sleeves, and a saltwater system.
The fully fenced property includes over 30 mature fruit trees, a raised garden, and flood irrigation. A 3,500 square foot workshop offers incredible flexibility with three insulated, air-conditioned rooms ideal for hobbies, storage, or workspace.
Additional features include a 2,000-gallon septic system allowing for future expansion and private access to the SRP canal for walking, biking, horseback riding, or fishing.
With room for horses, livestock, and endless possibilities, this property offers the perfect blend of modern farmhouse living, privacy, and space... all just minutes from the heart of Gilbert.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,624
Year Built
- Built in 1985
Lot Details
- 1.51 Acre Lot
- Cul-De-Sac
- Wrought Iron Fence
- Wood Fence
- Front and Back Yard Sprinklers
- Grass Covered Lot
Parking
- 2 Car Garage
- RV Access or Parking
Home Design
- Wood Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 2,667 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Kitchen Updated in 2021
- Double Oven
- Electric Oven
- Gas Range
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Farmhouse Sink
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Double Vanity
- Soaking Tub
Laundry
- Laundry in unit
- Dryer
- Washer
- 220 Volts In Laundry
Pool
- Private Pool
- Fence Around Pool
- Diving Board
Outdoor Features
- Covered Patio or Porch
- Separate Outdoor Workshop
- Shed
Schools
- Gilbert Elementary School
- Mesquite Jr High Middle School
- Gilbert High School
Utilities
- Central Air
- Heating Available
- Tankless Water Heater
- Water Softener is Owned
- Cable TV Available
Additional Features
- No Interior Steps
- North or South Exposure
- Horses Allowed On Property
Community Details
- No Home Owners Association
- Association fees include no fees
- Metes And Bounds Subdivision
Listing and Financial Details
- Assessor Parcel Number 304-26-880
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 | $2,624 | $34,900 | -- | -- |
| 2024 | $2,544 | $33,238 | -- | -- |
| 2023 | $2,544 | $70,470 | $14,090 | $56,380 |
| 2022 | $2,467 | $55,760 | $11,150 | $44,610 |
| 2021 | $2,606 | $53,360 | $10,670 | $42,690 |
| 2020 | $2,566 | $43,800 | $8,760 | $35,040 |
| 2019 | $2,358 | $41,280 | $8,250 | $33,030 |
| 2018 | $2,286 | $37,780 | $7,550 | $30,230 |
| 2017 | $2,205 | $34,470 | $6,890 | $27,580 |
| 2016 | $2,282 | $33,220 | $6,640 | $26,580 |
| 2015 | $2,079 | $32,280 | $6,450 | $25,830 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2026 05/15/26 | For Sale | $1,800,000 | -- | $675 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $252,000 | First American Title Ins Co | |
| Trustee Deed | $199,786 | None Available | |
| Interfamily Deed Transfer | -- | Transnation Title Insurance |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $247,354 | FHA | |
| Previous Owner | $204,000 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7026428
APN: 304-26-880
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Ask me questions while you tour the home.