1501 E RAKESTRAW Lane Gilbert, AZ $ 845,000
1501 E RAKESTRAW Lane
$ 845,000
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1501 E RAKESTRAW Lane

Gilbert, AZ, 85298
$ 845,000
Bedrooms4 Baths3.1 Sq 3,173

Monthly Estimate*

$ 5,272

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Single Family Home for sale in Gilbert, AZ

for $845,000 with 4 bedrooms and 3 full baths, 1 half bath. This 3,173 square foot home was built in 2023 on a lot size of 0.14.

Welcome to Waterston - Luxury Living in a Prestigious Gated Community! Step into elegance and comfort with this stunning 4-bedroom, 3.5-bath home, complete with a dedicated office and a spacious loft, thoughtfully designed for modern living. With $90K in premium upgrades, this residence combines style, function, and an exceptional lifestyle. A charming curb appeal sets the tone with a 2-car garage, paver driveway, and stylish stone accents. Inside, the impressive open floor plan showcases contemporary design elements, abundant natural light, plantation shutters, surround sound, and a striking wall-mounted fireplace. The gourmet kitchen is a chef's dream - featuring stainless steel appliances, a gas cooktop, tile backsplash, quartz countertops, ample cabinetry with crown moulding, . . . recessed and pendant lighting, and a large prep island with breakfast bar seating. Upstairs, enjoy a versatile loft, perfect for a media room, playroom, or secondary office space. The serene primary suite offers plush carpeting, a spa-like ensuite with dual vanities, a soaking tub, and a generous walk-in closet. A second main bedroom and an open den provide even more flexibility for guests or multi-generational living. Spacious backyard is complete with a gorgeous green turf including a putting green and offers an amazing covered patio, with an outdoor kitchen with a built-in BBQ, warming drawer, refrigerator and plenty of countertop/serving space. What's not to like? A deal like this surely won't last! It's New...It's Move-in Ready. It can be Yours! Located in one of Gilbert's most desirable gated communities, this home offers outstanding security, privacy, and resort-style amenities. Schools - Gilbert Schools are Top Rated...plus just minutes from the best dining, shopping, entertainment, and outdoor recreation that Gilbert, Arizona has to offer!

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Single Family Active

Price

$ 845,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 2,367

Style

Contemporary

Lot Size

0.14

Year Built

2023

Town/City

Gilbert

County/Region

Maricopa

MLS | Web ID

6958168

Features
Interior
Interior Amenities High Speed Internet Double Vanity Upstairs Eat-in Kitchen Breakfast Bar 9+ Flat Ceilings Kitchen Island Pantry 2 Master Baths Full Bth Master Bdrm Separate Shwr & Tub
Flooring Carpet Tile
Fireplace Features Living Room
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Low-Emissivity Windows Dual Pane
Fireplace Y/N Y
Laundry Features Engy Star (See Rmks)
Total Bedrooms 4
Total Baths 4
Bedrooms Possible 6
Built-in Microwave True
Kitchen Island True
Non-laminate Counter True
Pantry True
Reverse Osmosis True
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General
Sewer Sewer in & Cnctd Public Sewer
Heating ENERGY STAR Qualified Equipment Natural Gas
Cooling Central Air Ceiling Fan(s) ENERGY STAR Qualified Equipment Programmable Thmstat
Possession Close Of Escrow
Roof Tile
HOA Fee 165.0
Garage Spaces 2.0
Association Fee Includes Maintenance Grounds
Architectural Style Contemporary
Construction Materials Stucco Wood Frame Painted Stone
Year Built 2023
Electric 220 Volts in Kitchen
Township 2S
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Lake Gated Community Spa Community Spa Htd Playground Biking/Walking Path
Assoc Fee Paid Per Monthly
County Maricopa
Property Type Residential
HOA Y
Attached Garage N
Energy Efficient Multi-Zones
Subdivision Name WATERSTON NORTH PHASE 1
Possible Use None
Green Water Conservation Tankless Ht Wtr Heat
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions South on S Val Vista Dr. Right on E Ocotillo Rd. Right on S Stonecreek Blvd. Right on E Rakestraw Ln. Home will be on the right.
High School Perry High School
City Gilbert
Disclosures Agency Discl Req Seller Discl Avail
Land Lease Amount 0.0
Association Name Waterston
High School District Chandler Unified District #80
Open Parking Spaces 2.0
Lot Size Units Square Feet
Lot Size Square Feet 5968.0
Carport Spaces 0.0
Carport Y/N N
Spa Features None
Elementary School Robert J.C. Rice Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2367.0
Home Warranty Y/N N
Middle/Junior High School Robert J.C. Rice Elementary School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Tri Pointe Homes
Standard Status Active
Occupancy Type Owner
Elementary School District Chandler Unified District #80
Tax Lot 155
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 165.0
New Financing Cash True
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Exterior
Exterior Amenities Private Yard Built-in Barbecue
Fencing Block
Parking Features Garage Door Opener Direct Access Attch'd Gar Cabinets
Lot Features North/South Exposure Sprinklers In Rear Sprinklers In Front Gravel/Stone Front Gravel/Stone Back Synthetic Grass Frnt Synthetic Grass Back
Water Source City Water
Lot Size Area 5968.0
Spa N
Lot Size Acres 0.14
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 2.0
Crops Included Y/N N
Road Responsibility City Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1501
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* Excluded Features
List By
Az Flat Fee

Broker

offers@azflatfee.com

Email

Affordability Calculator

$5,469
Per Month
96%
4%
0%
Monthly Principal & Interest
$5,272
Monthly Property Taxes
$197
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
4896323 Elementary School
4896323 Middle School
Perry High School High School
Pricing History
DatePricePrice ChangeDescription
12/16/2025$845,000 Listed Price

Map


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1501 E RAKESTRAW Lane, Gilbert, AZ, 85298 is a Single Family Home for sale at $845,000 with 3,173 sqft and a lot size of 0.14. 1501 E RAKESTRAW Lane has 4 bedrooms, 3.1 baths, and was built in 2023. The property's zip code is 85298 which is in Gilbert, AZ