Completed in 2024, this exceptional modern luxury farmhouse offers a rare combination of contemporary design, nearly one acre of usable land, and outstanding expansion potential. More than simply a residence, this is an expandable estate property designed to evolve with its owner's vision. Zoning allows for future additions and accessory structures, creating endless possibilities for additional living space, guest accommodations, workshops, recreational amenities, or multigenerational living. The newly constructed home encompasses approximately 2,300 square feet of thoughtfully designed living space, featuring striking board-and-batten architecture, dramatic 25-foot ceilings, expansive covered patios, and a seamless open-concept layout that balances luxury, comfort, and functionality. The stylish chef's kitchen features quartz countertops, abundant cabinetry, two large sinks, and a spacious walk-in pantry/coffee bar, combining sophisticated design with practical convenience. The expansive primary suite offers a peaceful retreat with a generous walk-in closet and a beautifully designed spa-like bathroom featuring an extra-large clawfoot soaking tub and rain shower head. Convenient access through the laundry room leads to the fully air-conditioned garage. A spacious secondary bedroom provides an ideal guest suite or flexible living space. Built with quality, efficiency, and modern living in mind, the home includes two high-efficiency AC units, a tankless water heater, water softener, spray foam insulation throughout, insulated garage doors, epoxy garage flooring, and a substantial electrical panel with additional capacity for future expansion. The climate-controlled garage features a 10' garage door to accommodate larger vehicles and is also equipped with EV charging capability. Bring your RV as there is a hookup and drain conveniently located on the far side of the garage. The grounds are beautifully enhanced with irrigation rights and mature landscaping, including a variety of fruit trees such as lemon, pear, orange, pomegranate, mulberry, plum, and guava, along with vibrant roses and a Silver Laurel. With ample land and space for horses, cows, chickens, and other livestock, the property offers the rare opportunity to enjoy a luxury farmhouse lifestyle with room to create your own mini ranch or hobby farm while still enjoying the comfort of a newly built home, with additional space and flexibility to expand or add on if desired. Enjoy a short walk to the canal with miles of walking and biking paths, and THE CONVENIENCE OF BEING WALKABLE TO THE GILBERT HERITAGE DISTRICT AND DOWNTOWN GILBERT offering some of the area's most popular restaurants, shops, and entertainment while still enjoying privacy and open space. Blending timeless farmhouse charm with modern luxury, thoughtful amenities, and room to roam, this newly completed property offers a truly unique living experience.
Est. $3,475 per month, based on comparable rentals
Sale and tax history for 159 E Water Tank Rd
Sale History
Tax History
Date
Event
Price
ARMLS #6999436
Aug 6, 2026
Sold
$1,050,000
$461/sq ft
Jul 16, 2026
Contingent
—
Jul 1, 2026
Price Changed
$1,075,000
$471/sq ft
May 27, 2026
Price Changed
$1,199,000
$526/sq ft
Mar 16, 2026
Listed
$1,300,000
$570/sq ft
Public Records
Nov 16, 2016
Sold
$305,000
$134/sq ft
ARMLS #2915705
Apr 1, 2008
Listing Removed
—
Jan 16, 2008
Listed
$379,000
$166/sq ft
ARMLS #2705847
Aug 30, 2007
Listing Removed
—
Feb 1, 2007
Listed
$379,500
$166/sq ft
ARMLS #2673940
Feb 15, 2007
Listing Removed
—
Dec 29, 2006
Listed
$485,000
$213/sq ft
ARMLS #2651637
Nov 23, 2006
Listing Removed
—
Nov 7, 2006
Listed
$485,000
$213/sq ft
ARMLS #2200402
Nov 23, 2004
Sold
$250,000
$110/sq ft
Oct 29, 2004
Listing Removed
—
Sep 10, 2004
Listed
$260,000
$114/sq ft
ARMLS #2196144
Sep 9, 2004
Listing Removed
—
Sep 1, 2004
Listed
$265,000
$116/sq ft
Public Records
Feb 2, 1996
Sold
$125,000
$55/sq ft
Public Records
Jan 8, 1993
Sold
$85,500
$38/sq ft
Public Records
Apr 8, 1986
Sold
$79,500
$35/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,055 (+236.6%)
2024
$1,205 (−0.8%)
2023
$1,215 (+3.1%)
2022
$1,178 (−5.4%)
$5,460 + $21,860
$27,320
2021
$1,245 (+1.6%)
$5,070 + $20,310
$25,380
2020
$1,226 (+8.8%)
$4,580 + $18,320
$22,900
2019
$1,126 (+3.2%)
$4,050 + $16,230
$20,280
2018
$1,092 (+3.6%)
$4,050 + $16,230
$20,280
2017
$1,053 (−19.0%)
$3,370 + $13,510
$16,880
2016
$1,300 (+9.6%)
$3,270 + $13,090
$16,360
2015
$1,186 (−4.3%)
$3,130 + $12,550
$15,680
2014
$1,239 (+34.4%)
$2,190 + $8,790
$10,980
2013
$922 (−12.7%)
$1,770 + $7,090
$8,860
2012
$1,056 (−2.8%)
$2,020 + $8,110
$10,130
2011
$1,087 (−15.9%)
$2,480 + $9,950
$12,430
2010
$1,293 (−34.1%)
$3,190 + $12,760
$15,950
2009
$1,962
$5,280 + $21,120
$26,400
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.99 Acres
Year renovated
—
Sq. Ft.
3,568
Year built
2024
Style
Single Family Residential
County
Maricopa County
APN
30423020E
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 8, 2026.
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.
Appliances: Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range
Interior Features: Quartz Countertops, High Speed Internet, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
Window Features: Screens, Dual Pane
Flooring: Laminate, Tile
LaundryFeatures: Inside, Gas Dryer Hookup
Exterior
Exterior Features
Construction Materials: Wood Siding, Wood Frame, Painted
Horses Allowed
Exterior Features: Rain Gutters, RV Hookup
Fencing: Block, Wood
Roof: Tile, Metal
Property Information
Ownership: Fee Simple
Property Sub Type: Single Family Residence
Lot Information
Lot Size Area: 43,124
Lot Size Source: Assessor
Lot Features: North/South Exposure, Irrigation Back
Building Information
Building Area Source: Assessor
Financial
Tax Information
Tax Annual Amount: $4,055
Tax Year: 2025
Financial Information
Conventional
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: South on Gilbert RD, North on Water Tank Rd. Home is second from the last on the right.
Utility Information
Sewer: Septic in & Cnctd, Septic Tank
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 3,568
Stories: 1.0
Lot Size: 0.99 acres
Style: Single Family Residential
Year Built: 2024
Year Renovated: —
County: Maricopa County
APN: 30423020E
Home facts updated by county records on Jul 8, 2026
Other
Listing Information
Water Source: City Water
Around this home
35/100 Car-Dependent30/100 Some transit53/100 Bikeable
Schools
Places
Transit
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
5/10 Flood Factor
Estimated 22-32% 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
93/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.04M – $1.26M
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