- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes





Street View
$1,075,000
Monthly Est:$5,351
2 Beds
- 2 Baths
2 full baths
2,280sqft
159 E Water Tank Rd, Gilbert, AZ 85296
$1,075,000
$5,351/moEst:
Get Pre-Approved
Single Family Residence
Built in 2024
$-- HOA
43,124 sqft lot
$471/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: July 16, 2026 at 3:46 pm
- Listing Provided by: Stephanie Troy (602) 793-6518 | SERHANT. (602) 525-3992
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 6999436

Property Details
Status
Active Under Contract
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
2024
HOA Fees
-
Finished Area
2,280 sqft
Lot Size
43,124 sqft lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
6999436
MLS Status
CCBS (Contract Contingent on Buyer Sale)
Days on Market
231

Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Interior
Window Features
Dual Pane, Screens
Flooring
Laminate, Tile
Sewer
Septic In & Connected
Heating
Natural Gas
Exterior Features
Rv Hookup, Rain Gutters
Interior Features
Full Bth Master Bdrm, Separate Shwr & Tub, Bidet, Eat In Kitchen, Pantry, Kitchen Island, Quartz Countertops, High Speed Internet, Vaulted Ceiling(s), No Interior Steps
Appliances
Dishwasher, Disposal, Refrigerator, Microwave, Reverse Osmosis, Gas Range, Washer, Dryer, Water Softener Owned
Cooling
Central Air
Construction
Year Built
Year Built: 2024
Home type
Single Family Residence
Architectural Style
Ranch, Contemporary
Roof
Tile, Metal
Construction Materials
Wood Frame, Painted, Wood Siding
Utilities & Energy
Water Source
Public
Laundry Features
Inside, Gas Dryer Hookup
Parking Features
Rv Access/parking, Temp Controlled, Attached Garage
Other Features
Patio And Porch Features
Covered Patio(s)
Subdivision Name
Metes And Bounds
Disclosures
Seller Discl Avail, Agency Discl Req
Lot Features
North/south Exposure, Irrigation Back
Price History
| Date | Event | Price |
|---|---|---|
07/16/2026 Source: | Contingent (Active Under Contract) | $1,075,000 $471/sqft |
07/01/2026 Source: | Price Decreased | $1,075,000 -17.31% $471/sqft |
03/17/2026 Source: | Listed for Sale | $1,300,000 +8.42% $570/sqft |
03/17/2026 Source: | Price Decreased | $1,199,000 -7.77% $526/sqft |
03/17/2026 Source: | Price Increased | $1,300,000 +243.01% $570/sqft |
Show more
Nearby Homes
Find Homes by Property Features in Gilbert, AZ
Based on information from the Arizona Regional Multiple Listing Service through Nov 02, 2026, 02:15PM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services









