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$495,000
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Property Description
Turnkey STR in prime Gilbert location! 1138 E Liberty Shores Dr is a 4 bed, 2.5 bath home generating approx. $65K/year in gross income, around 7% cap rate. Situated on a corner lot across from a park and walking path, with access to a community pool. Recent upgrades: roof (2021), A/C (2019), energy-efficient water heater, blown-in insulation, windows (2022), and exterior paint (2023). Inside features smart thermostats, new carpet, updated kitchen, and epoxied garage. Tech upgrades include Bluetooth door lock and exterior camera. Backyard with turf and pavers is ideal for guests. Double car garage adds convenience. Additional Bonus Features: Solar, EV Charger 240volts, Irrigation Controller for Fruit Trees. Sold Furnished. Professionally managed and ready to go!
Full Property Details
Full Property Details for 1138 E Liberty Shores
General
- Sold For: $495,000
- HOA FEE: $40/month
- Taxes: $1,505 (2024)
- Status: Closed
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6850712
- Added to Site: 261 day(s) ago
Interior
- Interior Features: Double Vanity, Upstairs, Furnished (See Remarks), Kitchen Island, Full Bth Master Bdrm
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Maricopa
- Township: 1S
- Subdivision: HERITAGE COVE AT WIND DRIFT LOT 1-73 TR A-G
- Cross Streets: Lindsay & Elliot
Community
- Association: Yes
- Assoc. Name: Heritage Cove
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
- Utility Description: SRP
Structural Information
- Builder: Weyerhaesuer
- Exterior Const.: Stucco, Wood Frame
- Roof: Tile
- Sq. Ft. Source: Assessor
- Year Built: 1991
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,646
- Lot Size Source: Assessor
- Lot Features: Gravel/Stone Front
- Fencing (Description): Block
Financial Considerations
- Association Fee: $40
- Assoc Fee Freq.: Monthly
- Other Assoc Fees: $53
- Tax Amount: $1,505
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 11 HERITAGE COVE AT WIND DRIFT LOT 1-73 TR A-G MCR 031304
- Property ID: 309-01-011
- Range: 6E
- Section: 8
- Lot Number: 11
Listed by eXp Realty
Sold by eXp Realty
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Schools
Schools serving 1138 E Liberty Shores
School District:Gilbert Unified District
| Name | Grades | Distance |
|---|---|---|
Sonoma Ranch Elementary School 601 North Key Biscayne Drive, Gilbert, AZ 85234 | PK-6 | 0.9 mi |
Gilbert High School 1101 East Elliot Road, Gilbert, AZ 85234 | 9-12 | 0.6 mi |
Greenfield Junior High School 101 South Greenfield Road, Gilbert, AZ 85296 | 7-8 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1138 E Liberty Shores
Date
Details
Price
Change
Source
7/31/2025
Sold
$495,000
—
MLS
6/04/2025
Price Reduced
$495,000
-1%
MLS
4/30/2025
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1138 E Liberty Shores, Gilbert, AZ 85234 (MLS# 6850712) is a Single Family property that was sold at $495,000 on July 31, 2025. Want to learn more about 1138 E Liberty Shores? Do you have questions about finding other Single Family real estate for sale in Gilbert? You can browse all Gilbert real estate or contact a Coldwell Banker agent to request more information.

