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For sale
  • $1,300,000

    159 E WATER TANK Road, Gilbert, AZ 85296

    2beds
    2,280sqft
    : 
    Single Family Residence
    Built in 2024
    0.99 Acres Lot
    $-- Zestimate®
    $570/sqft
    $-- HOA

    What's special

    Climate-controlled garageInsulated garage doorsEpoxy garage flooringIrrigation rightsFully air-conditioned garageVibrant rosesExpansive primary suite
    Completed in 2024, this exceptional modern luxury farmhouse blends refined design, thoughtful functionality, and wide-open space, offering nearly 2,300 sf of beautifully crafted living space with 2 bedrooms and 2 bathrooms. Striking curb appeal welcomes you with classic board-and-batten architecture, crisp black accents, and an expansive covered front and back patio designed for inviting indoor-outdoor living, featuring rich wood ceilings and elegant stone columns. Inside, the home showcases a bright and inviting open-concept floor plan highlighted by a dramatic 25-foot ceiling in the great room, creating an impressive yet comfortable gathering space perfect for everyday living and entertaining. The stylish chef's kitchen features quartz countertops, abundant cabinetry, two large sinks, and a spacious walk-in pantry/coffee bar, combining sophisticated design with practical convenience. The expansive primary suite offers a peaceful retreat with a generous walk-in closet and a beautifully designed spa-like bathroom featuring an extra-large clawfoot soaking tub and rain shower head. Convenient access through the laundry room leads to the fully air-conditioned garage. A spacious secondary bedroom provides an ideal guest suite or flexible living space. Built with quality, efficiency, and modern living in mind, the home includes two high-efficiency AC units, a tankless water heater, water softener, spray foam insulation throughout, insulated garage doors, epoxy garage flooring, and a substantial electrical panel with additional capacity for future expansion. The climate-controlled garage features a 10' garage door to accommodate larger vehicles and is also equipped with EV charging capability. Bring your RV as there is a hookup and drain conveniently located on the far side of the garage. The grounds are beautifully enhanced with irrigation rights and mature landscaping, including a variety of fruit trees such as lemon, pear, orange, pomegranate, mulberry, plum, and guava, along with vibrant roses and a Silver Laurel. With ample land and space for horses, cows, chickens, and other livestock, the property offers the rare opportunity to enjoy a luxury farmhouse lifestyle with room to create your own mini ranch or hobby farm while still enjoying the comfort of a newly built home, with additional space and flexibility to expand or add on if desired. Enjoy a short walk to the canal with miles of walking and biking paths, and THE CONVENIENCE OF BEING WALKABLE TO THE GILBERT HERITAGE DISTRICT AND DOWNTOWN GILBERT offering some of the area's most popular restaurants, shops, and entertainment while still enjoying privacy and open space. Blending timeless farmhouse charm with modern luxury, thoughtful amenities, and room to roam, this newly completed property offers a truly unique living experience.
    30 days
    |
    2,304
    |
    83
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie Troy 602-793-6518,

    My Home Group Real Estate,

    Jeff M. Fisher 602-531-0435,

    My Home Group Real Estate

    Source: ARMLS,MLS#: 6999436MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range
      • Laundry: Inside, Gas Dryer Hookup
      Features
      • Quartz Countertops, High Speed Internet, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
      • Flooring: Laminate, Tile
      • Windows: Screens, Double Pane Windows
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,280
      • Total interior livable area: 2,280 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached, RV Access/Parking, Temp Controlled
      • Attached garage spaces: 2
      • Uncovered spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Covered
      • Exterior features: Rain Gutters, RV Hookup
      • Spa features: None
      • Fencing: Block,Wood
      Lot
      • Size: 0.99 Acres
      • Features: North/South Exposure, Irrigation Back
      Details
      • Parcel number: 30423020E
      • Lease amount: $0
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary,Ranch
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Wood Frame, Painted
      • Roof: Tile,Metal
      Condition
      • Year built: 2024

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: City Water

      Community & HOA

      Community
      • Subdivision: Great Gilbert location
      HOA
      • Has HOA: No
      • Services included: No Fees
      Location
      • Region: Gilbert

      Financial & listing details

      • Price per square foot: $570/sqft
      • Tax assessed value: $812,100
      • Annual tax amount: $4,055
      • Date on market: 3/16/2026
      • Cumulative days on market: 30 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/17/2026Listed for sale$1,300,000+326.2%$570/sqft
        Source: ARMLS #6999436 Report a problem
        11/16/2016Sold$305,000+22%$134/sqft
        Source: Public Record Report a problem
        11/23/2004Sold$250,000+100%$110/sqft
        Source: ARMLS #2200402 Report a problem
        2/2/1996Sold$125,000+12400%$55/sqft
        Source: Public Record Report a problem
        1/30/1995Sold$1,000
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$4,033 +237%$81,210 +89.5%
        2024$1,197 -0.9%$42,860 +183.5%
        2023$1,207 +2.5%$15,119 -44.7%
        2022$1,178 -3.9%$27,320 +7.6%
        2021$1,226 +8.8%$25,380 +10.8%
        2020$1,126 +3.2%$22,900 +12.9%
        2019$1,092 $20,280 +11.7%
        2018$1,092 +3.6%$18,160 +7.6%
        2017$1,053 -11.2%$16,880 +3.2%
        2016$1,186 -4.3%$16,360 +4.3%
        2015$1,240 $15,680 +42.8%
        2014-- $10,980 +23.9%
        2013-- $8,860 -12.5%
        2012-- $10,130 -18.5%
        2011-- $12,430 -22.1%
        2010-- $15,950 -39.6%
        2009-- $26,400 -15.8%
        2008-- $31,350 +7.5%
        2007-- $29,150 +74%
        2006-- $16,750
        2005-- $16,750 +24.5%
        2004-- $13,450
        2003-- $13,450 +14.5%
        2002-- $11,750

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $7,091/mo
        Principal & interest
        $6647
        Property taxes
        $444
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          Climate risks

          Neighborhood: 85296

          Getting around

          43 / 100
          Car-Dependent
          30 / 100
          Some Transit
          58 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          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.

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