115 E WATER TANK Road, Gilbert, AZ 85296

$2,000,000

Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 2,940 Lot Size (sq. ft.): 106,740 Status: Closed

Current Price: $2,000,000 List Date: 8/24/2023 Last Modified: 3/15/2026

Overview

Description

This could be a once in a lifetime opportunity: Just under 2.5 irrigated acres, just a tiny hair over a mile away (to the south) from the middle of the intersection of Gilbert Rd and Page Ave. That's the heart of Downtown Gilbert and this property is just off of Gilbert Rd so it's a straight shot. These facts alone make for an incredibly rare offering. Then add to that a dead-end street, city water, trash, and street maintenance, SW gas, and a N/S exposed, gorgeously remodeled and expanded farmhouse. Developers: Zoned R15. Investors: What a killer vacation rental this would be. Owner occupants: Live the dream of old-school Gilbert with (or without) your animals and enjoy the elbow room, while enjoying the modern shopping, dining, and recreation of the area. Too much space?- Subdivide and

Supplements: sell the back acre! The amazing home features a large laundry room with a dog bath, a large extra storage room that could have a variety of uses, stunning kitchen with all Thermador built-in appliances and pasta pot filler, newer tankless water heater, hardwood flooring, a breathtaking master with a luxurious bathroom, and more. Don't miss the invi ... (Read more)

Listing Details MLS# 6591374

Location, Tax & Legal

House Number: 115
Compass: E
Street Name: WATER TANK
St Suffix: Road
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85296
Zip4: 2207
Country: US
County Code: Maricopa
Assessor Number: 304-25-945
Subdivision: None
Tax Year: 2022

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 5
Total Bathrooms: 2
Approx SQFT: 2940
Price/SqFt: 680.27
Horses: Y
Builder Name: Unknown
Year Built: 1971
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 106740
Approx Lot Acres: 2.45
Flood Zone: No
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: Yes
Marketing Name: Acreage near DT Gilbert
Elementary School District: Gilbert Unified District
High School District: Gilbert Unified District
Elementary School: Gilbert Elementary School
Jr. High School: Mesquite Jr High School
High School: Gilbert High School

Remarks Misc

Cross Street: Gilbert & Elliot
Directions: South on Elliot; East on Water Tank Rd. to home on right

Status Change Info

Off Market Date: 2023-09-08
Under Contract Date: 2023-08-24
Close of Escrow Date: 2023-09-26

Legal Info

Township: 1S
Range: 6E
Section: 18
Lot Number: -
Cnty Rcrd Bk & Pg #: 1371-30

More Information

Basement

Basement Y/N: N

Items Updated

Floor Yr Updated: 2018
Floor Partial/Full: Full
Roof Yr Updated: 2018
Roof Partial/Full: Full
Kitchen Yr Updated: 2018
Kitchen Partial/Full: Full
Bath(s) Yr Updated: 2018
Bath(s) Partial/Full: Full
Rm Adtn Yr Updated: 2019
Rm Adtn Partial/Full: Full

Sold Info

Loan Type: Other
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 1000
Seller Concession $/%: $

Property Features

Special Listing Cond: Owner/Agent Add'l Property Use: Grove; Farm; Ranch; Other Architecture: Ranch Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room; Other (See Remarks) Master Bedroom: Not Split Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet Fireplace Features: Fireplace Living Rm; Exterior Fireplace; Other Flooring: Tile; Wood Window Features: Dual Pane; Low-Emissivity Windows Spa: None Community Features: Near Bus Stop Dining Area: Breakfast Bar; Dining in LR/GR Kitchen Features: Gas Oven; Gas Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Multiple Ovens; Pantry; Non-laminate Counter; Kitchen Island Laundry: Gas Dryer Hookup; Inside; Other; See Remarks Interior Features: Skylight(s); Vaulted Ceiling(s); No Interior Steps; Other; See Remarks Technology: Cable TV Avail; High Speed Internet Exterior Features: Covered Patio(s); Patio; Storage; Other Parking Features: Separate Strge Area Road Responsibility: City Maintained Road Construction: Wood Frame Const - Finish: Painted; Siding Roofing: Composition Cooling: Central Air; Programmable Thmstat Heating: Natural Gas Plumbing: Tankless Ht Wtr Heat; Engy Star Ht Wtr Htr; Gas Hot Wtr – Tnklss Utilities: APS; SW Gas Water Source: City Water Irrigation: Flood Sewer: Septic Tank; Septic-In & Connected Services: City Services Fencing: Wood; Wire Property Description: North/South Exposure Landscaping: Dirt Back; Grass Front; Grass Back; Synthetic Grass Back Horse Features: Other; See Remarks Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Terms: Non Assumable New Financing: Cash; VA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: Dana Hubbell Group

Office Phone: 602-697-3103

Office Email: danahubbell@yahoo.com

Last Updated: March - 15 - 2026

Broker Attribution: 602-697-3103