Welcome to your next home in the heart of Gilbert's highly desirable Lago Estancia neighborhood! This beautifully maintained 4-bedroom, 2-bath home offers both comfort and charm on a corner lot with north-south exposure.
The kitchen opens to a dining area, making it a great space for casual meals or entertaining guests. The backyard is a lush retreat, filled with mature trees and vibrant plants, and includes a spacious covered patio—perfect for relaxing or hosting friends. In the front yard, you'll find fruit-bearing citrus trees adding a special touch of Arizona living. Located just minutes from Fry's Marketplace, Lowe's, and a wide variety of restaurants, plus quick access to Downtown Gilbert's entertainment district, this home combines convenience with the serenity of a lake community known for its walking trails and scenic surroundings.
Sold for $475,000
$475,000
515 W SMOKE TREE Road, Gilbert, AZ 85233
4beds
2baths
1,642sqft
Single Family Residence
Built in 1992
6,948 Square Feet Lot
$469,400 Zestimate®
$289/sqft
$2,562 Estimated rent
Home value
$469,400
$427,000 - $516,000
$2,562/mo
Zestimate® history
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$2,836/mo
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$2,836/mo
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List your homeWhat's special
Corner lotNorth-south exposureSpacious covered patioFruit-bearing citrus trees
Zillow last checked:
Listing updated:
Listed by:
Eduardo Duran 602-622-5059,
HomeSmart
Bought with:
Sara Adams, SA699437000
My Home Group Real Estate
Source: ARMLS,MLS#: 6848215
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Cooktop
- Laundry: Inside
Features
- Double Vanity, Breakfast Bar, Kitchen Island, Full Bth Master Bdrm
- Flooring: Tile
- Windows: Solar Screens, Double Pane Windows, ENERGY STAR Qualified Windows
- Has basement: No
Interior area
- Total structure area: 1,642
- Total interior livable area: 1,642 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Open
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Stories: 1
- Pool features: None
- Spa features: None
- Fencing: Block
Lot
- Size: 6,948 Square Feet
- Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Front, Synthetic Grass Back
Details
- Parcel number: 30232907
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Spanish
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile
Condition
- Year built: 1992
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Features: Lake, Biking/Walking Path
- Subdivision: CANTAMAR 3 LOT 176-247 TR A-E
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $86 monthly
- HOA name: Lago Estancia
- HOA phone: 480-539-1396
Location
- Region: Gilbert
Financial & listing details
- Price per square foot: $289/sqft
- Tax assessed value: $386,800
- Annual tax amount: $1,446
- Date on market: 11/26/2025
- Cumulative days on market: 98 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2025 | Sold | $475,000-1%$289/sqft |
Source:  ARMLS #6848215 Report a problem | ||
| 6/26/2025 | Contingent | $479,900$292/sqft |
Source:  HomeSmart #6848215 Report a problem | ||
| 6/7/2025 | Price change | $479,900-2%$292/sqft |
Source: ARMLS #6848215 Report a problem | ||
| 5/12/2025 | Price change | $489,900-2%$298/sqft |
Source: ARMLS #6848215 Report a problem | ||
| 5/5/2025 | Price change | $499,900-2%$304/sqft |
Source: ARMLS #6848215 Report a problem | ||
| 4/29/2025 | Price change | $509,900-1.9%$311/sqft |
Source: ARMLS #6848215 Report a problem | ||
| 4/8/2025 | Listed for sale | $519,900+85.7%$317/sqft |
Source: ARMLS #6848215 Report a problem | ||
| 6/15/2018 | Sold | $280,000$171/sqft |
Source: ARMLS #5761277 Report a problem | ||
| 5/4/2018 | Listed for sale | $280,000+71.3%$171/sqft |
Source: Valley Casa Realty, Inc #5761277 Report a problem | ||
| 9/24/2003 | Sold | $163,500$100/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,480 +4% | $38,680 -6.8% |
| 2024 | $1,422 -0.9% | $41,510 +131% |
| 2023 | $1,435 +1.6% | $17,969 -31.1% |
| 2022 | $1,412 -3.7% | $26,070 +6.4% |
| 2021 | $1,466 +8.5% | $24,510 +7.7% |
| 2020 | $1,350 +3% | $22,760 +9.2% |
| 2019 | $1,310 | $20,850 +7.8% |
| 2018 | $1,310 +3.6% | $19,350 +8.3% |
| 2017 | $1,264 +6.3% | $17,870 +4% |
| 2016 | $1,189 -4.1% | $17,180 +8.1% |
| 2015 | $1,241 | $15,900 +28.1% |
| 2014 | -- | $12,410 +17.9% |
| 2013 | -- | $10,530 -7.1% |
| 2012 | -- | $11,330 -9% |
| 2011 | -- | $12,450 -23.7% |
| 2010 | -- | $16,310 -13.8% |
| 2009 | -- | $18,930 -13.6% |
| 2008 | -- | $21,900 +6.3% |
| 2007 | -- | $20,600 +57.3% |
| 2006 | -- | $13,100 |
| 2005 | -- | $13,100 +14.9% |
| 2004 | -- | $11,400 |
| 2003 | -- | $11,400 +13.4% |
| 2002 | -- | $10,050 |
Find assessor info on the county website
Neighborhood: Lago Estancia
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Nearby schools
GreatSchools rating
- 8/10Gilbert Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 5/10Mesquite Jr High SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Mesquite High SchoolGrades: 8-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Gilbert Elementary School
- Middle: Mesquite Jr High School
- High: Mesquite 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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Estimated market value
$469,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$469,400
- Arizona
- Maricopa County
- Gilbert
- 85233
- Lago Estancia
- 515 W SMOKE TREE Road
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