$1,149,000
$16K PRICE DROP

770 S Ocean Dr Unit IV Gilbert, AZ 85233

The Islands Neighborhood

Estimated payment $6,498/month

Total Views 2,295
4 Beds
2.5 Baths
2,757 Sq Ft
$417 Price per Sq Ft

Highlights

  • Sitting Area In Primary Bedroom
  • Waterfront
  • Breakfast Room
  • Islands Elementary School Rated A-
  • Covered Patio or Porch
  • Skylights

About This Home

Islands stunning waterfront single-level 4-bdrm split floor plan and a 3 car garage. From the moment you enter, you are greeted by breathtaking lake views, soaring ceilings, and plantation shutters that frame the open, spacious layout. The home features a fully remodeled chef's kitchen with an expanded marble oversized island, high-end custom cabinetry, a professional 7-burner cooktop, dble ovens, all new premium appliances including refrigerator and dishwasher's, New flooring throughout, beautifully updated bathrooms, and an expansive primary suite offers large walk-in closets and a true retreat feel. Step outside to an large, covered patio overlooking your private waterfront oasis with panoramic views and one of the largest boat docks, perfect for a pontoon boat or kayak

Listing Agent

Gary Colin

Real Broker License #SA031143000 Listed on: 03/12/2026

Real Broker

Co-Listing Agent

Karsten Colin

Real Broker License #SA674429000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,572

Year Built

  • Built in 1994

Lot Details

  • 8,573 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,757 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Plantation Shutters
  • Solar Screens
  • Family Room
  • Breakfast Room
  • Formal Dining Room

Kitchen

  • Kitchen Updated in 2025
  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Floors Updated in 2025
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Bathroom Updated in 2025
  • Primary Bathroom is a Full Bathroom
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 169
  • Assessor Parcel Number 310-04-319

Community Details

Overview

  • Association fees include ground maintenance
  • First Serv Res Association, Phone Number (480) 551-4300
  • Catalina Bay At The Islands Unit 4 Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,572

Year Built

Built in 1994

Lot Details

8,573 Sq Ft Lot

HOA Fees

$67 per month

Parking

3

Listing Details

  • Cross Street: WARNER & MCQUEEN
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 66.97
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2025
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2025
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2025
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2025
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: realbr001
  • Co List Office Phone: 602-755-3415
  • Subdivision Name: CATALINA BAY AT THE ISLANDS UNIT 4
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 416.76
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Eat-in Kitchen, Breakfast Bar, Pantry, Kitchen Island, High Speed Internet
  • Living Area: 2757.0
  • Stories: 1
  • Window Features: Solar Screens, Skylight(s)

Exterior Features

  • Fencing: Wrought Iron, Block
  • Lot Features: Waterfront Lot, Sprinklers In Front, Sprinklers In Rear, Grass Back
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Common Walls: All on One Level
  • Construction Type: Block, Wood Frame, Painted, Stucco
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Playground
  • Association Fee: 401.81
  • Association Fee Frequency: Semi-Annually
  • Association Name: First Serv Res
  • Phone: 480.551.4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2367.38
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 401.81
  • Association Fees:Disclosure Fees HOA: 245.0

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Islands Elementary School
  • High School: Gilbert 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: 8573.0
  • Parcel #: 310-04-319

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 4572.0
  • Tax Book Number: 310.0
  • Tax Lot: 169
  • Tax Map Number: 4.0

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 $4,572 $50,079 -- --
2024 $3,827 $47,694 -- --
2023 $3,827 $60,650 $12,130 $48,520
2022 $3,709 $47,580 $9,510 $38,070
2021 $3,851 $45,330 $9,060 $36,270
2020 $3,782 $44,770 $8,950 $35,820
2019 $3,475 $40,620 $8,120 $32,500
2018 $3,366 $38,030 $7,600 $30,430
2017 $3,235 $37,810 $7,560 $30,250
2016 $3,334 $38,530 $7,700 $30,830
2015 $3,007 $37,960 $7,590 $30,370
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2026 04/01/26 Price Changed $1,149,000 -1.4% $417 / Sq Ft
03/12/2026 03/12/26 For Sale $1,165,000 +37.1% $423 / Sq Ft
05/09/2025 05/09/25 Sold $850,000 -5.3% $308 / Sq Ft View Prior Sale
11/14/2024 11/14/24 For Sale $898,000 -- $326 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $850,000 Magnus Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- None Available
Warranty Deed $330,200 First American Title Ins Co
Interfamily Deed Transfer -- --
Warranty Deed $256,000 Capital Title Agency
Cash Sale Deed $204,598 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $368,000 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $294,300 New Conventional
Previous Owner $150,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6993687

Arizona Regional Multiple Listing Service (ARMLS)

APN: 310-04-319

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