135 S Abalone Drive Gilbert, AZ $ 612,500
135 S Abalone Drive
$ 612,500
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135 S Abalone Drive

Gilbert, AZ, 85233
$ 612,500
Bedrooms5 Baths2.1 Sq 2,529

Monthly Estimate*

$ 3,821

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Single Family Home for sale in Gilbert, AZ

for $612,500 with 5 bedrooms and 2 full baths, 1 half bath. This 2,529 square foot home was built in 1994 on a lot size of 0.17.

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 P&I) 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!

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Single Family Active

Price

$ 612,500

Bedrooms

5

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 2,555

Style

Residential

Lot Size

0.17

Year Built

1994

Town/City

Gilbert

County/Region

Maricopa

MLS | Web ID

6872165

Features
Interior
Interior Amenities High Speed Internet Granite Counters Double Vanity Upstairs Eat-in Kitchen Vaulted Ceiling(s) Pantry Full Bth Master Bdrm
Flooring Carpet Tile
Fireplace Features Family Room
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Dual Pane
Fireplace Y/N Y
Laundry Features Wshr/Dry HookUp Only
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 6
Built-in Microwave True
Pantry True
Range/Oven Elec True
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General
Sewer Sewer in & Cnctd Public Sewer
Heating Electric
Cooling Central Air Ceiling Fan(s)
Utilities SRP
Possession Close Of Escrow
Roof Tile
HOA Fee 364.46
Garage Spaces 2.0
Association Fee Includes Maintenance Grounds
Pool Features None
Construction Materials Stucco Wood Frame Painted
Year Built 1994
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
Community Features Lake Playground Biking/Walking Path
Assoc Fee Paid Per Semi-Annually
County Maricopa
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name Martinique 3
Total Rooms 0
Special Listing Conditions N/A
Status Active
High School Mesquite High School
City Gilbert
Disclosures Agency Discl Req Seller Discl Avail
Land Lease Amount 0.0
Association Name The Islands HOA
High School District Gilbert Unified District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 7500.0
Carport Spaces 0.0
Carport Y/N N
Spa Features None
Elementary School Islands Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2555.0
Home Warranty Y/N N
Current Financing Conventional FHA Assume - Qualify
Middle/Junior High School Mesquite Jr High School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Blandford
Standard Status Active
Occupancy Type Owner
Elementary School District Gilbert Unified District
Tax Lot 137
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 60.74
New Financing Cash True
New Financing: VA True
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Exterior
Exterior Amenities Balcony
Fencing Block
Parking Features RV Gate Garage Door Opener Attch'd Gar Cabinets
Lot Features Grass Front Grass Back Auto Timer H2O Front Auto Timer H2O Back
Water Source City Water
Lot Size Area 7500.0
Spa N
Lot Size Acres 0.17
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 2.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 135
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* Excluded Features
List By
Homesmart

Broker

greg.gallese@gmail.com

Email

Affordability Calculator

$4,034
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,821
Monthly Property Taxes
$213
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327291 Elementary School
4327075 Middle School
Mesquite High School High School
Pricing History
DatePricePrice ChangeDescription
12/16/2025$612,500 -0.41% Price Down
7/1/2025$615,000 -0.79% Price Down
7/1/2025$619,900 -0.02% Price Down
5/28/2025$620,000 Listed Price

Map


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135 S Abalone Drive, Gilbert, AZ, 85233 is a Single Family Home for sale at $612,500 with 2,529 sqft and a lot size of 0.17. 135 S Abalone Drive has 5 bedrooms, 2.1 baths, and was built in 1994. The property's zip code is 85233 which is in Gilbert, AZ