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.
Single-familyProperty Type
1985Year Built
1.51 acresLot Size
$574Price/Sq.Ft.
2 garage spacesParking
Listed by Stephanie Troy• SERHANT.
Bought with Non-Represented Buyer Buyer• Non-MLS Office
Est. $3,614 per month, based on comparable rentals
Sale and tax history for 165 E Water Tank Rd
Sale History
Tax History
Date
Event
Price
ARMLS #7026428
Aug 17, 2026
Sold
$1,530,000
$574/sq ft
Jul 22, 2026
Contingent
—
Jul 18, 2026
Relisted
—
Jul 6, 2026
Contingent
—
Jun 14, 2026
Price Changed
$1,650,000
$619/sq ft
May 15, 2026
Listed
$1,800,000
$675/sq ft
ARMLS #4192110
Nov 25, 2009
Sold
$252,000
$94/sq ft
Oct 12, 2009
Listing Removed
—
Jun 16, 2009
Listed
$250,900
$94/sq ft
+5
PRICED TO SELL!! Remodeled 3 bedroom 2 bathroom home on a large premium lot, just under 2 acres! Tile throughout the home and upgraded cabinets in the kitchen. The spacious backyard includes a covered patio, private pool and a 3600 sf shop. This home is located at the end of cul-de-sac for privacy.
ARMLS #4163303
May 28, 2009
Listing Removed
—
Apr 24, 2009
Listed
$299,900
$112/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,624 (+4.0%)
2024
$2,522 (−0.8%)
2023
$2,544 (+3.1%)
2022
$2,467 (−5.3%)
$11,150 + $44,610
$55,760
2021
$2,606 (+1.6%)
$10,670 + $42,690
$53,360
2020
$2,566 (+8.8%)
$8,760 + $35,040
$43,800
2019
$2,358 (+3.2%)
$8,250 + $33,030
$41,280
2018
$2,286 (+3.7%)
$8,250 + $33,030
$41,280
2017
$2,205 (−3.4%)
$6,890 + $27,580
$34,470
2016
$2,282 (+9.8%)
$6,640 + $26,580
$33,220
2015
$2,079 (−8.0%)
$6,450 + $25,830
$32,280
2014
$2,261 (+17.1%)
$4,810 + $19,250
$24,060
2013
$1,931 (−13.7%)
$3,710 + $14,840
$18,550
2012
$2,236
Public record
Public record
Zoning
Beds
—
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
1.51 Acres
Year renovated
—
Sq. Ft.
2,297
Year built
1985
Style
Single Family Residential
County
Maricopa County
APN
30426880
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 21, 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.