Off market mar 2026 for $835K

$848,444

Est. refi paymentEst. refi $5,462/mo

•

3,173

sq ft

1501 E Rakestraw Ln, Gilbert, AZ 85298

About this home

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!

Single-familyProperty Type

2023Year Built

5,968 sq ftLot Size

$267Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Richard Harless • AZ Flat Fee

Listed by Kim Leighton • AZ Flat Fee

Bought with Mike Jung • SK Realty

Redfin checked: 4 minutes ago

•Source:ARMLS #6958168

Redfin Estimate

$848,444

$13K since sold in March 2026$4,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.6% lower than the average sale price ($939K) of 6 comparable homes.

SOLD JUN 9, 2026
$854,000
A
4 beds3.5 baths3,132 sq ft
1532 E Rakestraw Ln, Gilbert, AZ 85298
SOLD SEP 23, 2026
$824,500
B
4 beds3 baths2,796 sq ft
1421 E Donato Ct, Gilbert, AZ 85298
SOLD JUL 31, 2026
$804,250
C
4 beds3.5 baths3,173 sq ft
5891 S Granite St, Gilbert, AZ 85298
SOLD FEB 4, 2026
$835,000
D
4 beds3.5 baths3,173 sq ft
5274 S Cobblestone St, Gilbert, AZ 85298
SOLD JUL 10, 2026
$1,140,000
E
4 beds3.5 baths3,260 sq ft
1290 E Ficus Way, Gilbert, AZ 85298
SOLD SEP 30, 2026
$1,175,000
F
5 beds3.5 baths3,340 sq ft
1458 E Coconino Way, Gilbert, AZ 85298

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Earn from this home

Sell

$137,659

Est. take-home

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Refinance

Est. cash available

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Rent

$3,996/mo

Redfin rental estimate

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Market trends in 85298, AZ

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.1%

0.3% MoM

Median sale price

$700K

$359 MoM

Avg. days on market

72d

2 days MoM

Recently sold homes

149

18 MoM

New listings for sale

NEW 9 MINS AGO
$584,990
5 beds3.5 baths2,530 sq ft
5860 S Banning Ct, Gilbert, AZ 85298
NEW 5 HRS AGO
$2,100,000
6 beds6.5 baths5,072 sq ft
6378 S 154th St, Gilbert, AZ 85298
OPEN SUN, 1PM TO 3PM
$689,000
5 beds3 baths2,900 sq ft
1953 E Lafayette Ave, Gilbert, AZ 85298
OPEN SAT, 11AM TO 3PM
$1,595,000
5 beds4.5 baths4,507 sq ft
17710 E Creosote Ln, Gilbert, AZ 85298
NEW 14 HRS AGO
$479,000
2 beds2 baths1,407 sq ft
4574 E Mia Ln, Gilbert, AZ 85298
NEW 28 HRS AGO
$525,000
3 beds2 baths1,652 sq ft
3001 E Meadowview Dr, Gilbert, AZ 85298
NEW 33 HRS AGO
$495,000
3 beds2 baths1,572 sq ft
2328 E Mews Rd, Gilbert, AZ 85298
$534,900
2 beds2 baths1,703 sq ft
4103 E Lodgepole Dr, Gilbert, AZ 85298
3D WALKTHROUGH
$965,000
5 beds4 baths3,923 sq ft
1978 E Indian Wells Dr, Gilbert, AZ 85298
$418,900
2 beds2 baths1,308 sq ft
4548 E Carob Dr, Gilbert, AZ 85298
See all

Provided by Redfin

Sale history for 1501 E Rakestraw Ln

Date

Event

Price

ARMLS #6958168

Mar 3, 2026

Sold

$835,000

$263/sq ft

Feb 24, 2026

Pending

—

Feb 23, 2026

Sold

$835,000

$263/sq ft

Jan 15, 2026

Pending

—

Dec 15, 2025

Listed

$845,000

$266/sq ft

ARMLS #6917096

Dec 2, 2025

Listing Removed

—

Oct 16, 2025

Price Changed

$850,000

$268/sq ft

Oct 1, 2025

Price Changed

$875,000

$276/sq ft

Sep 29, 2025

Price Changed

$880,000

$277/sq ft

Sep 18, 2025

Price Changed

$910,000

$287/sq ft

Sep 9, 2025

Listed

$925,000

$292/sq ft

ARMLS #6869897

Jul 1, 2025

Listing Removed

—

Jun 25, 2025

Price Changed

$899,000

$283/sq ft

Jun 5, 2025

Price Changed

$925,000

$292/sq ft

May 20, 2025

Listed

$949,999

$299/sq ft

Tax history for 1501 E Rakestraw Ln

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

5,968 Sq. Ft.

Year renovated

—

Sq. Ft.

3,173

Year built

2023

Style

Single Family Residential

County

Maricopa County

APN

31333633

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 26, 2026.

SF-6

Single Family-6 District

The Single Family–6 zoning district is almost exclusively developed by home builders within subdivisions/master planned communities. The lots are large enough to accommodate 2 car garages, courtyards, porches, patios and rear yard accessory structures. The density of this zoning district varies between 2 and 5 dwelling units per acre.

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
Open Parking Spaces: 2
Covered Spaces: 2
Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets

Garage Information
Garage Spaces: 2

Interior

Kitchen Information
220 Volts in Kitchen: Yes
Built-in Microwave: Yes
Kitchen Island: Yes
Non-laminate Counter: Yes
Reverse Osmosis: Yes
Pantry: Yes

Bathroom Information
Bathrooms Full: 3
Bathrooms Half: 1
Bathrooms (Total Decimal): 3.5
Bathrooms (Total Integer): 4

Bedroom Information
Yes
Bedrooms (Possible): 6

Heating & Cooling
Has Heating
Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
Has Cooling
Heating: ENERGY STAR Qualified Equipment, Natural Gas

Interior Features
Appliances: Refrigerator, Dishwasher, Disposal, Built-In Electric Oven, Water Purifier
Interior Features: 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
Window Features: Low-Emissivity Windows, Dual Pane
Green Energy Efficient: Multi-Zones
Green Water Conservation: Tankless Ht Wtr Heat
Fireplace Features: Living Room
Has Fireplace
Flooring: Carpet, Tile
LaundryFeatures: Inside, Engy Star (See Rmks)

Exterior

Exterior Features
Construction Materials: Stucco, Wood Frame, Painted, Stone
Exterior Features: Private Yard, Built-in Barbecue
Fencing: Block
Roof: Tile

Property Information
Ownership: Fee Simple
Property Sub Type: Single Family Residence

Lot Information
Lot Size Area: 5,968
Lot Size Source: Assessor
Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back
City Maintained Road

Building Information
Building Area Source: Assessor

Financial

Tax Information
Tax Annual Amount: $2,367
Tax Year: 2025

Location

HOA Information
Assoc Rules Info:No Visible Truck Trailer RV Boat: Yes
Has Association
Association Fee: $165
Association Fee Frequency: Monthly
Association Fee Includes: Maintenance Grounds

School Information
Middle Or Junior School: Robert J.C. Rice Elementary School
High School: Perry High School
High School District: Chandler Unified District #80
Elementary School: Robert J.C. Rice Elementary School
Elementary School District: Chandler Unified District #80

Location Information
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.

Community Information
Community Features: Lake, Gated, Community Spa, Community Spa Htd, Playground, Biking/Walking Path

Utility Information
Electric: 220 Volts in Kitchen
Sewer: Sewer in & Cnctd, Public Sewer

Public facts

Beds: —
Baths: —
Sq. Ft.: 3,173
Stories: —
Lot Size: 5,968 square feet
Style: Single Family Residential
Year Built: 2023
Year Renovated: —
County: Maricopa County
APN: 31333633

Home facts updated by county records on Sep 26, 2026

Other

Listing Information
Water Source: City Water

Around this home

Schools

K - 12
Preschool & daycare

Robert J.C. Rice Elementary School

Public PreK-6 • Assigned • 0.4mi

9/10

Perry High School

Public 8-12 • Assigned • 0.8mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

3/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

3% chance of being in a wildfire in next 30 years

8/10 Heat Factor

2 days above 112° expected this year, 4 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 • 85298

Average low and high temperatures (°F)

68°

41°

78°

49°

84°

56°

86°

59°

94°

67°

106°

77°

107°

82°

107°

82°

99°

76°

88°

62°

77°

49°

73°

45°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 13.4 hours in June and 7.7 hours in December, placing it above the U.S. average for solar exposure.

13.4 hrs

7.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$807,000 – $976,000

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New listings for sale in 85298

NEW 9 MINS AGO

$584,990

5 beds3.5 baths2,530 sq ft

5860 S Banning Ct, Gilbert, AZ 85298

6,063 sq ft lot • 2 garage spots • Built 2007

NEW 5 HRS AGO3D WALKTHROUGH

$2,100,000

6 beds6.5 baths5,072 sq ft

6378 S 154th St, Gilbert, AZ 85298

Corner lot • Guest house • Iron front door

OPEN SUN, 1PM TO 3PM

$689,000

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1953 E Lafayette Ave, Gilbert, AZ 85298

Owned solar • Rv gate • Charming front porch

OPEN SAT, 11AM TO 3PM3D WALKTHROUGH

$1,595,000

5 beds4.5 baths4,507 sq ft

17710 E Creosote Ln, Gilbert, AZ 85298

1 acre lot • 3 garage spots • Pool

NEW 14 HRS AGO

$479,000

2 beds2 baths1,407 sq ft

4574 E Mia Ln, Gilbert, AZ 85298

Covered patio • 5,686 sq ft lot • 2 garage spots

NEW 28 HRS AGO

$525,000

3 beds2 baths1,652 sq ft

3001 E Meadowview Dr, Gilbert, AZ 85298

Community pool • Community spa • Golf course

NEW 33 HRS AGO

$495,000

3 beds2 baths1,572 sq ft

2328 E Mews Rd, Gilbert, AZ 85298

Upgraded kitchen • 5,750 sq ft lot • 2 garage spots

$534,900

2 beds2 baths1,703 sq ft

4103 E Lodgepole Dr, Gilbert, AZ 85298

Premium corner lot • Cherry cabinets • Corian island

3D WALKTHROUGH

$965,000

5 beds4 baths3,923 sq ft

1978 E Indian Wells Dr, Gilbert, AZ 85298

Walk-in pantry • Covered patio • Large walk-in closet

Home values near 1501 E Rakestraw Ln

Data from public records.

Address	Redfin Estimate
1525 E Rakestraw Lane, Gilbert, AZ - Beds \| 4 Baths \| 2796 Sq. Ft.	$757,146
1479 E Rakestraw Lane, Gilbert, AZ 4 Beds \| 3.5 Baths \| 3173 Sq. Ft.	$904,661
1478 E Rakestraw Lane, Gilbert, AZ 4 Beds \| 3.5 Baths \| 3173 Sq. Ft.	$875,313
1532 E Rakestraw Lane, Gilbert, AZ 4 Beds \| 3.5 Baths \| 3132 Sq. Ft.	$875,922

Address	Redfin Estimate
1517 E Rakestraw Lane, Gilbert, AZ 4 Beds \| 3 Baths \| 2939 Sq. Ft.	$793,055
1457 E Rakestraw Lane, Gilbert, AZ 4 Beds \| 3.5 Baths \| 3124 Sq. Ft.	$825,270
1486 E Rakestraw Lane, Gilbert, AZ 4 Beds \| 3 Baths \| 2795 Sq. Ft.	—

Address	Redfin Estimate
1491 E Rakestraw Lane, Gilbert, AZ 4 Beds \| 3 Baths \| 2796 Sq. Ft.	$781,727
1470 E Rakestraw Lane, Gilbert, AZ 3 Beds \| 2.5 Baths \| 2039 Sq. Ft.	$655,033
1524 E Rakestraw Lane, Gilbert, AZ - Beds \| 4 Baths \| 3173 Sq. Ft.	$823,714

Property information provided by ARMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 85298, AZ

Sale history for 1501 E Rakestraw Ln

Tax history for 1501 E Rakestraw Ln

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 85298

Home values near 1501 E Rakestraw Ln

More real estate resources