Experience a rare blend of modern luxury, farmhouse charm & Downtown Gilbert lifestyle in this extraordinary custom built home. Built in 2022, this 4,400+ sf modern farmhouse sits on 1.28 acres & offers the best of both worlds- private estate living with walkable/bikeable access to Downtown Gilbert shopping, dining, & entertainment.
Designed for elevated everyday living & effortless entertaining, the home showcases a stunning great room with 14+ ft ceilings, expansive windows that flood the space with natural light, solid wood doors, & a cozy gas fireplace. From here, multi-slide stacking doors fully collapse to create a seamless indoor-outdoor connection, opening directly to a one-of-a-kind pond & rock garden designed as the heart of the property. A peaceful walking path wraps around the private pond, framed by natural boulders, mature trees, & lush landscaping--delivering a true resort-style setting and an incredible open-air feel.
The chef's kitchen is a showpiece with a massive 12 foot island, two gas ranges (48" & 36") with 12 burners, 3 ovens, a butler's pantry and a huge walk-in refrigerator.
The flexible layout includes 3 bedrooms plus a large media/flex room (used as a 4th bedroom option) and 3.5 baths. The primary retreat is exceptional, featuring a spa-like bathroom with oversized shower + enclosed tub, smart tint windows, huge closet, separate vanity/dressing area, and an attached patio.
Outside, enjoy a truly unique setting with a small-scale vegetable farm, framed by inviting sitting & entertainment spaces and lots of exterior lighting. The back of the property includes a huge, fenced area perfect for farming, horses, chickens or many other options. Includes a back pad set with power for possible casita, workshop, pool/spa, etc.
It's a short walk to the canal, which offers miles of walking/biking access and quick access to downtown Gilbert.
There are lots of smart features to this home, 2 tankless water heaters (gas), 3 efficient HVAC units, complete water filtration system, custom lighting & fixtures and so much more.
This is luxury mixed with land, character, and convenience--an incredibly rare opportunity in Gilbert.
For sale
$2,295,000
129 E Water Tank Rd, Gilbert, AZ 85296
4beds
4,405sqft
Est.:
Single Family Residence
Built in 2022
1.28 Acres Lot
$-- Zestimate®
$521/sqft
$-- HOA
What's special
Cozy gas fireplaceSmall-scale vegetable farmSmart tint windowsCustom lighting and fixturesSolid wood doorsHuge closetAttached patio
- 12 hours |
- 374 |
- 21 |
Zillow last checked: 8 hours ago
Listing updated: 21 hours ago
Listed by:
Rob Miele 602-790-7070,
HomeSmart
Source: ARMLS,MLS#: 6989595

Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Refrigerator, Built-in Microwave, Dishwasher, Gas Range, Electric Oven, Water Purifier
- Laundry: Inside
Features
- High Speed Internet, Double Vanity, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm
- Windows: Skylight(s), Double Pane Windows, ENERGY STAR Qualified Windows, Mechanical Sun Shds, Tinted Windows
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Family Room
Interior area
- Total structure area: 4,405
- Total interior livable area: 4,405 sqft
Property
Parking
- Total spaces: 2.5
- Parking features: Garage Door Opener
- Attached garage spaces: 2.5
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Spa features: None
- Fencing: Other
Lot
- Size: 1.28 Acres
- Features: Sprinklers In Front, Irrigation Front, Irrigation Back
Details
- Additional structures: Shed(s)
- Parcel number: 30425944
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame
- Roof: Composition,Foam,Metal
Condition
- Year built: 2022
Details
- Builder name: AZ Elite
Utilities & green energy
- Sewer: Septic Tank
- Water: City Water
Green energy
- Water conservation: Tankless Ht Wtr Heat
Community & HOA
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Gilbert
Financial & listing details
- Price per square foot: $521/sqft
- Tax assessed value: $328,200
- Annual tax amount: $4,267
- Date on market: 2/25/2026
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2026 | Listed for sale | $2,295,000+359%$521/sqft |
Source: | ||
| 3/2/2018 | Sold | $500,000+25.3%$114/sqft |
Source: | ||
| 1/19/2018 | Listed for sale | $399,000$91/sqft |
Source: West USA Realty #5692420 Report a problem | ||
| 1/19/2018 | Pending sale | $399,000$91/sqft |
Source: West USA Realty #5692420 Report a problem | ||
| 11/28/2017 | Listed for sale | $399,000+137.1%$91/sqft |
Source: West USA Realty #5692420 Report a problem | ||
| 12/11/2009 | Sold | $168,300-17.8%$38/sqft |
Source: | ||
| 10/31/2009 | Price change | $204,705+10.7%$46/sqft |
Source: RE/MAX Alliance Group #4281961 Report a problem | ||
| 7/18/2009 | Listed for sale | $185,000$42/sqft |
Source: Real Living Property For You #4208824 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | $32,820 +46.7% |
| 2019 | $1,259 | $22,370 +10.5% |
| 2018 | $1,259 -14% | $20,250 +9% |
| 2017 | $1,464 +7% | $18,580 +3.7% |
| 2016 | $1,368 -4.4% | $17,920 +5.3% |
| 2015 | $1,432 | $17,020 +33.9% |
| 2014 | -- | $12,710 +24.4% |
| 2013 | -- | $10,220 -11% |
| 2012 | -- | $11,480 -16.5% |
| 2011 | -- | $13,750 -18.3% |
| 2010 | -- | $16,820 -37.8% |
| 2009 | -- | $27,060 -14.6% |
| 2008 | -- | $31,700 +6.4% |
| 2007 | -- | $29,800 +74.8% |
| 2006 | -- | $17,050 |
| 2005 | -- | $17,050 +23.6% |
| 2004 | -- | $13,800 |
| 2003 | -- | $13,800 +20% |
| 2002 | -- | $11,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$12,015/mo
Principal & interest
$11231
Property taxes
$784
Climate risks
Neighborhood: 85296
Nearby schools
GreatSchools rating
- 8/10Gilbert Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 5/10Mesquite Jr High SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Gilbert High SchoolGrades: 7-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Gilbert Elementary School
- Middle: Mesquite Jr High School
- High: Gilbert High School
- District: Gilbert Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





