$1,050,000

518 S LAGOON Drive, Gilbert, AZ 85233

3 beds |
2 baths |
2,613 sqft

Single-Family Home
Built in 1986
8,712sqft lot
3 car garage
$402/sqft
Listed 8 days ago

Property Description

Lake Living at its Finest! Fish or boat from dock! Watch amazing sunsets from backyard! Or relax on the Baja shelf in your sparkling pool. This updated 1-story home is located in Gilbert's sought after ''The Islands'' lake community! Sellers invested over $250k in renovations over the years. Home features 3 beds, + office w double doors, separate living room & dining room. Cozy family room w fireplace open to remodeled kitchen w granite & quartz counters. Large primary bedroom w amazing ensuite. Step outside to spacious covered patio, pool and putting green. Desert landscaping front. ''The Islands'' offers community park w playgrounds, running track & sports courts and several events throughout the year: Concerts in the park, Holiday boat parades, Cool car show, and so much more!

Listing Status:: Active
Date Added:: February 25, 2026
Data Last Updated:: February 28, 2026 at 7:06AM
Listing Office:: Keller Williams Realty East Valley : 480-839-6600
Listing Agent:: Lorraine A. Moller : 480-650-1260
MLS ID:: 6987138

General: Quartz CountertopsHigh Speed InternetGranite CountersDouble VanityMaster DownstairsEat-in KitchenNo Interior StepsVaulted Ceiling(s)Wet BarKitchen IslandPantryFull Bth Master BdrmSeparate Shwr & TubTub with Jets
Laundry: Inside
Flooring: CarpetTile
A/C: Central AirCeiling Fan(s)
Heating: Heat PumpElectric
Fireplace: Wood BurningFamily RoomFireplace
Eco/Green Feature: Multi-Zones

General: Rain Gutters
Style: Spanish
Pool: Variable Speed PumpPlay PoolFenced
Parking: Attached GarageGarage Door OpenerDirect AccessAttch'd Gar Cabinets

Roofing: Tile
Windows: Solar Screens
General: StuccoWood FramePainted

Road/Access: Asphalt
HOA Amenities: Maintenance Grounds401.81Semi-Annually
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Gilbert Unified District
County: Maricopa

Zoning: 30296308
Fencing: BlockWrought Iron

Water: City Water
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Lorraine A. Moller , Keller Williams Realty East Valley

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Islands Elementary School

245 S McQueen Rd, Gilbert, AZ, 85233

Grades PK-6

0.61 miles away

Mesquite Junior High School

130 W Mesquite St, Gilbert, AZ, 85233

Grades 7-8

1.26 miles away

Mesquite High School

500 S McQueen Rd, Gilbert, AZ, 85233

Grades 9-12

0.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.