Completely remodeled in 2025, this beautifully updated home offers modern comfort, flexible living spaces, and significant savings with an **ASSUMABLE FHA LOAN ($290k - $1443/mo) at 3.25%** The spacious layout includes 4 bedrooms upstairs and a versatile den/guest room on the main level, perfect for remote work or multi-generational living. A 20x8 bonus room adds even more flexibility—ideal for a home theater, music studio, gym, or private office. Step out onto the MBR balcony and take in peaceful lake views with no rear neighbors—just a wide, lush greenbelt providing privacy and natural beauty. Stylish tile flooring throughout high-traffic areas combines durability with elegance. Don't miss this rare opportunity!
For sale
Price cut: $5K (7/1)
$615,000
135 S Abalone Dr, Gilbert, AZ 85233
5beds
2baths
2,529sqft
Est.:
Single Family Residence
Built in 1994
7,500 Square Feet Lot
$-- Zestimate®
$243/sqft
$61/mo HOA
What's special
Modern comfortFlexible living spacesSpacious layoutPeaceful lake viewsMbr balconyStylish tile flooringWide lush greenbelt
- 69 days
- on Zillow |
- 930 |
- 34 |
Zillow last checked: 7 hours ago
Listing updated: July 16, 2025 at 04:19pm
Listed by:
Gregory M Gallese 480-522-0644,
HomeSmart
Source: ARMLS,MLS#: 6872165

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2.5
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Soft Water Loop
- Laundry: Wshr/Dry HookUp Only
Features
- High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
- Flooring: Carpet, Tile
- Windows: Double Pane Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: 1 Fireplace, Family Room
Interior area
- Total structure area: 2,529
- Total interior livable area: 2,529 sqft
Property
Parking
- Total spaces: 2
- Parking features: RV Gate, Garage Door Opener, Attch'd Gar Cabinets
- Garage spaces: 2
Features
- Stories: 2
- Patio & porch: Covered
- Exterior features: Balcony
- Pool features: None
- Spa features: None
- Fencing: Block
Lot
- Size: 7,500 Square Feet
- Features: Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Details
- Parcel number: 31004363
- Lease amount: $0
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile
Condition
- Year built: 1994
Details
- Builder name: Blandford
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Lake, Playground, Biking/Walking Path
- Subdivision: Martinique 3
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $364 semi-annually
- HOA name: The Islands HOA
- HOA phone: 480-551-4300
Location
- Region: Gilbert
Financial & listing details
- Price per square foot: $243/sqft
- Tax assessed value: $491,200
- Annual tax amount: $2,555
- Date on market: 6/1/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
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