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● Pending

$980,000

518 S LAGOON Drive, Gilbert, AZ 85233

The Islands - Windhaven · Maricopa County

3 beds 2 baths 2,613 sqft 0.2 acres Built 1986 $375 /sqft HOA $402/6mo

101 days on market

What's special

Lake views
Waterfront
Fireplace
3-car garage

Description

Spectacular waterfront in The Islands! This single story home features 3 beds + huge office easily converted to spacious 4th bed, 2 updated baths & 3-car garage. Amazing backyard featuring pool w baja shelf & waterfall, removable safety fence, extended covered patio w shade structure, putting green & private dock for pontoon/kayaks. Extensive renovations to open kitchen to FR. Spacious primary bedroom w luxurious ensuite (tub w jets, extended walk-in shower, double sinks, & custom cabinets). Home perfect for relaxing or entertaining. Enter to LR/DR, move into FR w fireplace & wet bar, then enter redesigned kitchen w huge island & eat-in area overlooking backyard. Step outside to backyard oasis... relax in the pool, enjoy Arizona sunsets, or fish from dock. Check Video & Updates Tab Just minutes to Downtown Gilbert/Chandler restaurants plus easy access to Hwy 60/101/202. The Islands offers 3 lakes, large community park w basketball, volleyball, bocce ball courts & Community Center that offers social events throughout the year, including: concerts in the park, car show, Easter Egg Hunt, Holiday Christmas Tree lighting event & boat parades on each lake.

Property details

Interior

Bedrooms

Bedrooms: 3

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Interior Features

Full Bth Master Bdrm
Separate Shwr & Tub
Double Vanity
Tub with Jets
Eat-in Kitchen
Pantry
Kitchen Island
Granite Counters
Quartz Countertops
High Speed Internet
Master Downstairs
Vaulted Ceiling(s)
Wet Bar
No Interior Steps
Flooring: Carpet, Tile
Window Features: Solar Screens

Appliances

Dishwasher
Disposal
Refrigerator
Electric Cooktop
Microwave
Reverse Osmosis
Electric Oven
Water Softener Owned
Water Purifier
Laundry Features: Washer Hookup, Inside

Heating and Cooling

Cooling Features: Ceiling Fan(s), Central Air
Heating Features: Electric, Heat Pump
Fireplace: Yes
Fireplace Features: Family Room, Wood Burning

Other Interior

Stories: 1

Exterior

Exterior and Lot Features

Rain Gutters
Patio and Porch Features: Patio, Covered Patio(s)
Fencing: Wrought Iron, Block

Land Info

Waterfront Lot
East/West Exposure
Desert Front
Sprinklers In Front
Sprinklers In Rear
Synthetic Grass Back
Auto Timer H2O Front
Auto Timer H2O Back
Lot Size Acres: 0.20
Lot Size Square Feet: 8,908

Garage and Parking

Garage Spaces: 3
Attached Garage: No
Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Direct Access, Attached Garage

Home Features

View: Lake
Waterfront: Yes

Community

Homeowners Association

Association: Yes
Association Fee: $402
Association Fee Frequency: Semi-Annually
Calculated Total Monthly Association Fees: $67
Association Fee Includes: Maintenance Grounds

Neighborhood

Subdivision: The Islands - Windhaven

Listing

Other Property Info

Annual Tax Amount: $3,757
Source Listing Status: Pending
County: Maricopa
Directions: From McQueen and Elliot - go East on Elliot, South (right) onto S. Islands Dr. LEFT at the Fountain onto S. Islands Dr. East. RIGHT onto Lagoon Dr.
Property Subtype: Single Family Residence
Parcel Number: 302-96-308
Postal City: Gilbert
Listing Date: 2/19/2026
On Market Date: 2/25/2026
MLS#: 6987138

Features

Building and Construction

Total Square Feet Living: 2,613
Year Built: 1986
Property Age: 40
Architectural Style: Spanish
Construction Materials: Wood Frame, Painted, Stucco
Roof: Tile
Foundation Details: Slab
Stories: 1
Living Area Source: Assessor

Utilities

Water Source: Public

Contact Us

Ask a question or schedule a showing

Listed by Lorraine A. Moller& Sheri K Bader Keller Williams Realty Phoenix

Listing updated: May 20, 2026

MLS#: 6987138

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