Listing provided courtesy of SERHANT.- MLS# 7026428MLS Provider

165 E WATER TANK RoadGilbert, AZ 85296

Single Family · 3 Beds · 2 Full Baths · 2,667 Sq. ft. | 1.51 Acres
$1,650,000 Active

165 E WATER TANK Road Overview

Time on Site:
45 days
Visits:
0

Rare opportunity to own a fully remodeled farmhouse on 1.5 acres near Downtown Gilbert. Updated in 2021, this thoughtfully designed home offers nearly 2,700 square feet with 3 bedrooms, 2 bathrooms, and a bright open-concept layout filled with natural light from Andersen windows and doors, complemented by quality wood flooring throughout. The chef's kitchen was designed for both everyday living and entertaining, featuring quartz countertops, extensive cabinetry, a 12-foot island with a secondary sink, 36-inch farmhouse sink, KitchenAid stainless steel appliances including double ovens, oversized refrigerator/freezer, Scotsman nugget ice maker, and a dedicated coffee bar. The spacious primary suite offers a true retreat with dual vanities, soaking tub, oversized rain shower, and a large walk-in closet. Built with efficiency and comfort in mind, the home includes spray foam insulation, dual high-efficiency AC units, tankless water heater, whole-home water purification and softener system, and a 400-amp electrical panel with capacity for both the home and workshop. The backyard is designed for both relaxation and recreation, featuring 5,000 square feet of artificial turf with a 4-hole putting green and a refinished 30,000-gallon diving pool complete with baja step, PebbleTec finish, umbrella sleeves, and a saltwater system. The fully fenced property includes over 30 mature fruit trees, a raised garden, and flood irrigation. A 3,500 square foot workshop offers incredible flexibility with three insulated, air-conditioned rooms ideal for hobbies, storage, or workspace. Additional features include a 2,000-gallon septic system allowing for future expansion and private access to the SRP canal for walking, biking, horseback riding, or fishing. With room for horses, livestock, and endless possibilities, this property offers the perfect blend of modern farmhouse living, privacy, and space... all just minutes from the heart of Gilbert.

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165 E WATER TANK Road Facts & Features

  • Type Single Family
  • Sq. ft. 2,667
  • Price/Sq.ft. $619
  • Lot 1.51 Acres

Details

General

Association/HOA

  • Association Fee Includes: No Fees
  • Association: false

School Information

  • School District: Gilbert Unified District
  • Elementary School: Gilbert Elementary School
  • Middle Or Junior School: Mesquite Jr High School
  • High School: Gilbert High School

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Information

  • Builder Name: Unknown
  • Year Built: 1985

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Gilbert
  • Subdivision Name: Metes and bounds
  • Township: 1S

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: $2,624.00
  • Tax Year: 2025

General Information

  • Disclosures: Agency Discl Req,Seller Discl Avail
  • Listing Terms: Cash,Conventional,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 304-26-880
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: N/A

Interior

Parking Information

  • Garage Spaces: 2.0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Bedrooms Possible: 3

Building Interior

  • Building Area Source: Assessor

General Information

  • Fireplace: false
  • Flooring: Wood
  • Interior Features: Quartz Countertops,Double Vanity,No Interior Steps,Kitchen Island,Full Bth Master Bdrm
  • Laundry Features: Inside
  • Living Area: 2667.0
  • Living Area Source: Assessor
  • Rooms Total: 0
  • Spa Features: None
  • Stories Total: 1
  • Window Features: Dual Pane

Exterior

Parking Information

  • Open Parking Spaces: 2.0
  • Parking Features: Attached Garage,Detached Garage,RV Access/Parking,RV Gate

Lot Information

  • Lot Features: North/South Exposure,Cul-De-Sac,Grass Front,Grass Back,Irrigation Front,Irrigation Back
  • Lot Size Acres: 1.51
  • Lot Size Area: 65719.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 65719.0
  • Lot Size Units: Square Feet
  • Water Source: City Water

Building Exterior/Construction

  • Architectural Style: Ranch
  • Attached Garage: false
  • Construction Materials: Wood Siding,Wood Frame,Painted
  • Property Attached: false
  • Roof: Composition

General Information

  • Covered Spaces: 2.0
  • Exterior Features: Storage,RV Hookup
  • Fencing: Block,Wrought Iron,Wood
  • Horse: true
  • Other Structures: Workshop,Shed(s)
  • Pool Features: Diving Pool,Fenced
  • Pool Private: true
  • Sewer: Septic Tank

165 E WATER TANK Road Neighborhood

Community

85296 (Gilbert) Demographics

34
Median Age
4,145
Population Density (per sq. mile)
55%
College Educated
$98,397
Estimated Median Income
10,838
Estimated Total Home Owners
3,687
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

165 E WATER TANK Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

165 E WATER TANK Road Market Data

Based on the last 30 days in this zip code

$748,477
Average List Price
$309
Average Price per Square Foot
48
Properties Sold
69
Average Days on Market
220
Properties for Sale
Calculations provided by Reliance Network

165 E WATER TANK Road History

Date Event Value Agent
6/14/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$1,650,000 -8.3%
5/15/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
May 15, 2026