Recently Listed Open House 2/28 11am - 3pm
129 E WATER TANK Road
Gilbert, AZ, 85296 $ 2,295,000
Bedrooms4 Baths3.1 Sq 4,405 Monthly Estimate*
$ 14,131
for $2,295,000 with 4 bedrooms and 3 full baths, 1 half bath. This 4,405 square foot home was built in 2022 on a lot size of 1.28.
Experience a rare blend of modern luxury, farmhouse charm & Downtown Gilbert lifestyle in this extraordinary custom built home. Built in 2022, this 4,400+ sf modern farmhouse sits on 1.28 acres & offers the best of both worlds- private estate living with walkable/bikeable access to Downtown Gilbert shopping, dining, & entertainment. Designed for elevated everyday living & effortless entertaining, the home showcases a stunning great room with 14+ ft ceilings, expansive windows that flood the space with natural light, solid wood doors, & a cozy gas fireplace. From here, multi-slide stacking doors fully collapse to create a seamless indoor-outdoor connection, opening directly to a one-of-a-kind pond & rock garden designed as the heart of the property. A peaceful walking path wraps around the private pond, framed by natural boulders, mature trees, & lush landscaping--delivering a true resort-style setting and an incredible open-air feel. The chef's kitchen is a showpiece with a massive 12 foot island, two gas ranges (48" & 36") with 12 burners, 3 ovens, a butler's pantry and a huge walk-in refrigerator. The flexible layout includes 3 bedrooms plus a large media/flex room (used as a 4th bedroom option) and 3.5 baths. The primary retreat is exceptional, featuring a spa-like bathroom with oversized shower + enclosed tub, smart tint windows, huge closet, separate vanity/dressing area, and an attached patio. Outside, enjoy a truly unique setting with a small-scale vegetable farm, framed by inviting sitting & entertainment spaces and lots of exterior lighting. The back of the property includes a huge, fenced area perfect for farming, horses, chickens or many other options. Includes a back pad set with power for possible casita, workshop, pool/spa, etc. It's a short walk to the canal, which offers miles of walking/biking access and quick access to downtown Gilbert. There are lots of smart features to this home, 2 tankless water heaters (gas), 3 efficient HVAC units, complete water filtration system, custom lighting & fixtures and so much more. This is luxury mixed with land, character, and convenience--an incredibly rare opportunity in Gilbert.
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Open House
2/28/2026 11:00 AM - 3:00 PM
3/1/2026 11:00 AM - 1:00 PM
129 E WATER TANK Road Gilbert, AZ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesInteriorInterior Amenities Walk-in Pantry Non-laminate Counter High Speed Internet Double Vanity No Interior Steps Vaulted Ceiling(s) Kitchen Island Pantry Full Bth Master Bdrm
Fireplace Features Family Room
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Skylight(s) Dual Pane ENERGY STAR Qualified Windows Mechanical Sun Shds Tinted Windows
Fireplace Y/N Y
Laundry Features Inside
Total Bedrooms 4
Total Baths 4
Bedrooms Possible 4
Built-in Microwave True
Kitchen Island True
Multiple Ovens True
Non-laminate Counter True
Pantry True
Walk-in Pantry True
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GeneralSewer Septic Tank
Heating Electric
Cooling Central Air Ceiling Fan(s)
Possession By Agreement
Roof Composition Foam Metal
Garage Spaces 2.5
Association Fee Includes No Fees
Construction Materials Stucco Wood Frame
Year Built 2022
Township 1S
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Maricopa
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name NA
Green Water Conservation Tankless Ht Wtr Heat
Other Structures Shed(s)
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions S on Gilbert to Water Tank Rd. East on Water Tank Rd to home.
High School Gilbert High School
City Gilbert
Disclosures Seller Discl Avail
High School District Gilbert Unified District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 55874.0
Carport Spaces 0.0
Carport Y/N N
Spa Features None
Elementary School Gilbert Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4267.0
Home Warranty Y/N N
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 AZ Elite
Standard Status Active
Occupancy Type Owner
Elementary School District Gilbert Unified District
Tax Lot -
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 0.0
New Financing Cash True
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ExteriorFencing Other
Parking Features Attached Garage Garage Door Opener
Lot Features Sprinklers In Front Irrigation Front Irrigation Back
Water Source City Water
Lot Size Area 55874.0
Spa N
Lot Size Acres 1.28
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 2.5
Crops Included Y/N N
Horse Y/N Y
Irrigation Water Rights Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $14,131
- Monthly Property Taxes
- $356
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Gilbert, AZ
Average List Price $854,822
Percent of Sale Price 63%
About Gilbert, AZ 259,731 Population
124% Since 2002
$ 85,597 Median Income
34.12 Median Age
43% Households with Children
Trends Information provided by ATTOM Data Solutions.
4327007 Elementary School
4327075 Middle School
Gilbert High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/26/2026 | $2,295,000 | | Listed Price |