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.
Est. $3,572 per month, based on comparable rentals
Sale and tax history for 129 E Water Tank Rd
Sale History
Tax History
Date
Event
Price
ARMLS #6989595
Jun 5, 2026
Sold
$2,040,000
$463/sq ft
Apr 21, 2026
Pending
—
Feb 25, 2026
Listed
$2,295,000
$521/sq ft
ARMLS #5692420
Mar 2, 2018
Sold
$500,000
$114/sq ft
Jan 18, 2018
Pending
—
Nov 22, 2017
Listed
$399,000
$91/sq ft
+24
Charming horse property on almost an acre! Quaint home with living room that features a rock fireplace and plush carpeting. A tiled family room has a pass through to the kitchen that features bistro height bar seating, beautiful raised panel wood cabinetry, tile flooring, black appliance package and spacious eat-in area. A large master has french doors to the outside back patio and an updated en-suite bathroom with his/her sinks, soaking tub with tile surround and separate open face shower. The secondary bedrooms are lightly lived in and there is a huge laundry room with utility sink. The property has deep set backs and is the perfect horse property! You must see this to appreciate the interior and exterior layout!
ARMLS #4281961
Dec 11, 2009
Sold
$168,300
$38/sq ft
Nov 24, 2009
Listing Removed
—
Oct 30, 2009
Listed
$168,300
$38/sq ft
OH MY! Hard to find horse property in the heart of Gilbert on just shy of an acre. Travertine tile and upgraded carpet throughout. Updated kitchen with maple cabinets. Nice size family room with wood burning fireplace. Remodel was started but is waiting for you to finish and make your own. Minutes from historic downtown Gilbert. Great candidate for the FHA 203K program. Bank owned opportunity with tons of potential.
ARMLS #4208824
Oct 13, 2009
Listing Removed
—
Jul 8, 2009
Listed
$185,000
$42/sq ft
Year
Property tax
Land + Additions
Assessment*
2018
$1,259 (−14.0%)
$4,050 + $16,200
$20,250
2017
$1,464 (−2.4%)
$3,710 + $14,870
$18,580
2016
$1,500 (+9.6%)
$3,580 + $14,340
$17,920
2015
$1,368 (−4.4%)
$3,400 + $13,620
$17,020
2014
$1,431 (+14.9%)
$2,540 + $10,170
$12,710
2013
$1,246 (−9.6%)
$2,040 + $8,180
$10,220
2012
$1,377 (+14.5%)
$2,290 + $9,190
$11,480
2011
$1,202 (−11.8%)
$2,750 + $11,000
$13,750
2010
$1,363 (−32.0%)
$3,360 + $13,460
$16,820
2009
$2,006
$2,750 + $11,000
$13,750
Public record
Public record
Zoning
Beds
—
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
0.93 Acres
Year renovated
—
Sq. Ft.
2,101
Year built
1974
Style
Single Family Residential
County
Maricopa County
APN
30423020R
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jan 21, 2023.
SF-15
Single Family-15 District
Single Family-15 zoning district may be custom homes, semi-custom homes or builder homes. The zoning district is often used as a transition between large lots and smaller-lot subdivisions. The SF15 lots are not typically large enough to retain rainwater and are generally associated with private common open space facilities that serve a neighborhood.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Infrastructure
Office
Fire house
Police station
Golf related
Agriculture-Cropland
Property details
Parking
Parking Information
Covered Spaces: 2.5
Parking Features: Garage Door Opener
Garage Information
Garage Spaces: 2.5
Interior
Kitchen Information
Built-in Microwave: Yes
Kitchen Island: Yes
Non-laminate Counter: Yes
Multiple Ovens: Yes
Pantry: Yes
Walk-in Pantry: Yes
Bathroom Information
Bathrooms Full: 3
Bathrooms Half: 1
Bathrooms (Total Integer): 4
Bedroom Information
Bedrooms (Possible): 4
Heating & Cooling
Has Heating
Cooling: Central Air, Ceiling Fan(s)
Has Cooling
Heating: Electric
Interior Features
Appliances: Refrigerator, Dishwasher, Water Purifier
Interior Features: High Speed Internet, Double Vanity, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm
Window Features: Skylight(s), Dual Pane, ENERGY STAR Qualified Windows, Mechanical Sun Shds, Tinted Windows
Green Water Conservation: Tankless Ht Wtr Heat
Fireplace Features: Family Room
Has Fireplace
LaundryFeatures: Inside
Exterior
Exterior Features
Construction Materials: Stucco, Wood Frame
Other Structures: Shed(s)
Horses Allowed
Fencing: Other
Roof: Composition, Foam, Metal
Property Information
Ownership: Fee Simple
Property Sub Type: Single Family Residence
Lot Information
Lot Size Area: 55,874
Lot Size Source: Assessor
Lot Features: Sprinklers In Front, Irrigation Front, Irrigation Back
Building Information
Building Area Source: Architect
Financial
Tax Information
Tax Annual Amount: $4,267
Tax Year: 2025
Location
HOA Information
Association Fee Includes: No Fees
School Information
Middle Or Junior School: Mesquite Jr High School
High School: Gilbert High School
High School District: Gilbert Unified District
Elementary School: Gilbert Elementary School
Elementary School District: Gilbert Unified District
Location Information
Directions: S on Gilbert to Water Tank Rd. East on Water Tank Rd to home.
Utility Information
Sewer: Septic Tank
Public facts
Beds: —
Baths: 3.0
Sq. Ft.: 2,101
Stories: 1.0
Lot Size: 0.93 acres
Style: Single Family Residential
Year Built: 1974
Year Renovated: —
County: Maricopa County
APN: 30423020R
Home facts updated by county records on Jan 21, 2023
Other
Listing Information
Water Source: City Water
Around this home
Schools
Gilbert Elementary School
Public PreK-6 • Assigned • 0.7mi
8/10
Mesquite Junior High School
Public 6-8 • Assigned • 0.6mi
5/10
Gilbert High School
Public 7-12 • Assigned • 1.2mi
6/10
Provided by GreatSchools
Climate risks
4/10 Flood Factor
Estimated 19-29% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 111° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Gilbert, AZ • 85296
Average low and high temperatures (°F)
69
43
78
51
84
57
86
61
94
69
106
78
106
83
107
84
102
78
92
65
77
51
74
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$2.09M – $2.53M
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