115 E Water Tank Road, Gilbert, AZ 85296

$2,000,000
5
BD
2
BA
2,940
SqFt

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Sold Price
$2,000,000
List Price
$2,200,000
Closing Date
Sep 26, 2023
Days on Market
28
Status
CLOSED
MLS#
6591374
City
Gilbert
Bedrooms
5
Bathrooms
2
Living SQFT
2,940
Lot Size
106,740
Year Built
1971
Type
Single Family Residence

Property 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 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 inviting backyard with a covered patio, open artificial turf area, cozy gazebo structure with a fireplace, raised garden beds ready for planting, a dog run area, and still plenty of room to add pool, shop, or ? without taking away any of the pasture area. A property with so many options and so few limits- Bring your imagination and enjoy this exquisite property!

Additional Information

Elementary School
Gilbert Elementary School
High School
Gilbert High School
Middle School
Mesquite Jr High School
Acres
2.45
Architecture
Ranch
Assoc Fee Includes
No Fees
Builder Name
Unknown
Community Features
Near Bus Stop
Construction
Wood Frame, Painted
Cooling
Central Air, Programmable Thmstat
Exterior Features
Storage, Other
Fencing
Wood, Wire
Fireplace
Living Room, Exterior Fireplace, Other
Flooring
Tile, Wood
Heating
Natural Gas
Horse Features
Other, See Remarks
Horses
Yes
Laundry
Inside, Other, Gas Dryer Hookup, See Remarks
Living Area
2,940
Lot Size
106,740
New Financing
Cash, VA Loan, Conventional
Parking Features
Separate Strge Area
Roofing
Composition
Sewer
Septic-In & Connected
Spa
None
Stories
1
Style
Ranch
Taxes
$2,521
Tax Year
2022
Water
Public

Courtesy of Dana Hubbell Group. 602-697-3103 Selling Office: HomeSmart.

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