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$599,000 -$10,900 (-1.79%) Price Reduced
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Property Description
Completely remodeled in 2025, this beautifully updated home offers modern comfort, flexible living spaces, and significant savings with an **ASSUMABLE FHA LOAN ($290k - $1443/mo P&I) at 3.25%** The spacious layout includes 4 bedrooms upstairs and a versatile den/guest room on the main level, perfect for remote work or multi-generational living. A 20x8 bonus room adds even more flexibility-ideal for a home theater, music studio, gym, or private office. Step out onto the MBR balcony and take in peaceful lake views with no rear neighbors-just a wide, lush greenbelt providing privacy and natural beauty. Stylish tile flooring throughout high-traffic areas combines durability with elegance. Don't miss this rare opportunity!
Full Property Details
Full Property Details for 135 S Abalone Dr
General
- Price: $599,000
- HOA FEE: $61/month
- HOA FEE FREQ.: Semi-Annually
- Taxes: $2,555 (2024)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6872165
- Updated: 1/12/2026
- Added to Site: 228 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Wshr/Dry HookUp Only
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: RV Gate, Garage Door Opener, Attch'd Gar Cabinets
Location
- County: Maricopa
- Subdivision: Martinique 3
- Cross Streets: Elliot & McQueen
Community
- Association: Yes
- Assoc. Name: The Islands HOA
- 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
Structural Information
- Builder: Blandford
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Windows: Dual Pane
- Sq. Ft. Source: Appraiser
- Year Built: 1994
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,500
- Lot Size Source: Assessor
- Lot Features: Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Financial Considerations
- Association Fee: $364
- Assoc Fee Freq.: Semi-Annually
- Tax Amount: $2,555
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: Martinque 03 At Islands
- Property ID: 310-04-363
- Lot Number: 137
Listed by HomeSmart
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Schools
Schools serving 135 S Abalone Dr
School District:Gilbert Unified District
| Name | Grades | Distance |
|---|---|---|
Islands Elementary School 245 South McQueen Road, Gilbert, AZ 85233 | PK-6 | 0.2 mi |
Mesquite High School 500 South McQueen Road, Gilbert, AZ 85233 | 9-12 | 0.4 mi |
Mesquite Jr High School 130 West Mesquite Street, Gilbert, AZ 85233 | 7-8 | 1.6 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 135 S Abalone Dr
Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$599,000
-1.79%
MLS
12/29/2025
Price Reduced
$609,900
-0.42%
MLS
12/16/2025
Price Reduced
$612,500
-0.41%
MLS
7/01/2025
Price Reduced
$615,000
-0.81%
MLS
6/01/2025
Listed
$620,000
84.8%
MLS
4/21/2020
Sold
$335,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 135 S Abalone Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,652
4%
$47,480
3%
2024
$2,555
—
$46,080
-6%
2023
$2,566
3%
$49,120
18%
2022
$2,496
—
$41,560
31%
2022
$2,496
-3%
$31,780
6%
2021
$2,578
1%
$29,900
5%
2020
$2,543
8%
$28,370
7%
2019
$2,361
3%
$26,460
6%
2018
$2,299
3%
$25,060
4%
2017
$2,223
-3%
$24,050
2%
2016
$2,281
10%
$23,620
8%
2015
$2,071
—
$21,970
30%
2014
$2,080
10%
$16,950
10%
2013
$1,892
—
$15,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 135 S Abalone Dr
135 S Abalone Drive, Gilbert, AZ 85233 (MLS# 6872165) is a Single Family property with 5 bedrooms and 2 full bathrooms. 135 S Abalone Drive is currently listed for $599,000 and was received on June 01, 2025. Want to learn more about 135 S Abalone Drive? 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.

