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$845,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 0.14 Acres
  • 2 Car Garage
  • Updated 15 hours ago
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Welcome to Waterston! - Luxury Living in a Prestigious Gated Community! Step into elegance and comfort with this stunning 4-bedroom, 3.5-bath home, complete with a dedicated office and a spacious loft, thoughtfully designed for modern living. With $90K in premium upgrades, this residence combines style, function, and an exceptional lifestyle. A charming curb appeal sets the tone with a 2-car garage, paver driveway, and stylish stone accents. Inside, the impressive open floor plan showcases contemporary design elements, abundant natural light, plantation shutters, surround sound, and a striking wall-mounted fireplace. The gourmet kitchen is a chef's dream - featuring stainless steel appliances, a gas cooktop, tile backsplash, quartz countertops, ample cabinetry with crown moulding, . . . recessed and pendant lighting, and a large prep island with breakfast bar seating. Upstairs, enjoy a versatile loft, perfect for a media room, playroom, or secondary office space. The serene primary suite offers plush carpeting, a spa-like ensuite with dual vanities, a soaking tub, and a generous walk-in closet. A second main bedroom and an open den provide even more flexibility for guests or multi-generational living. Spacious backyard is complete with a gorgeous green turf including a putting green and offers an amazing covered patio, with an outdoor kitchen with a built-in BBQ, warming drawer, refrigerator and plenty of countertop/serving space. What's not to like? A deal like this surely won't last! It's New...It's Move-in Ready. It can be Yours! Located in one of Gilbert's most desirable gated communities, this home offers outstanding security, privacy, and resort-style amenities. Schools - Gilbert Schools are Top Rated...plus just minutes from the best dining, shopping, entertainment, and outdoor recreation that Gilbert, Arizona has to offer!

Full Property Details for 1501 E Rakestraw Ln

General

  • Price: $845,000
  • HOA FEE: $165/month
  • Taxes: $2,367 (2025)
  • Status: Pending
  • Type: Single Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6958168
  • Updated: 1/15/2026
  • Added to Site: 31 day(s) ago

Interior

  • Interior Features: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room
  • Appliances: Gas Cooktop, Built-In Electric Oven, Water Purifier
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Engy Star (See Rmks)

Exterior

  • Exterior Features: Private Yard, Built-in Barbecue

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets

Location

  • County: Maricopa
  • Township: 2S
  • Subdivision: WATERSTON NORTH PHASE 1
  • Cross Streets: S Val Vista Dr and E Ocotillo Rd

Community

  • Association: Yes
  • Assoc. Name: Waterston
  • Assoc. Fees Include: Maintenance Grounds

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thermostat
  • Heating Type: ENERGY STAR Qualified Equipment, Natural Gas

Utilities

  • Water: City Water

Structural Information

  • Architectural Style: Contemporary,
  • Builder: Tri Pointe Homes
  • Exterior Const.: Stucco, Wood Frame, Painted, Stone
  • Roof: Tile
  • Windows: Low-Emissivity Windows, Dual Pane
  • Sq. Ft. Source: Assessor
  • Year Built: 2023

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 5,968
  • Lot Size Source: Assessor
  • Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back

Green Features

  • Energy Efficient: Multi-Zones
  • Water Conservation: Tankless Ht Wtr Heat

Financial Considerations

  • Association Fee: $165
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,367
  • Tax Year: 2025
  • Terms: Cash, Conventional, 1031 Exchange

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LOT 155 WATERSTON NORTH PHASE 1 MCR
  • Property ID: 313-33-633
  • Range: 6E
  • Section: 17
  • Lot Number: 155

Listed by AZ Flat Fee

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— 1501 E Rakestraw Ln —

  • AZ Flat Fee

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1501 E Rakestraw Ln

School District:Chandler Unified District
NameGradesDistance
Weinberg Elementary School
5245 South Val Vista Drive, Gilbert, AZ 85298
K-60.3 mi
Perry High School
1919 E Queen Creek Rd, Gilbert, AZ 85297
9-120.8 mi
Willie & Coy Payne Jr. High School
7655 South Higley Road, Queen Creek, AZ 85142
7-83.7 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 1501 E Rakestraw Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/15/2025
Listed
$845,000
11.36%
MLS
5/22/2023
Sold
$758,785
—
Public Record
Get Price Alerts and Save Property
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 for 1501 E Rakestraw Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,367
1%
$66,630
5%
2024
$2,336
778%
$63,650
5%
2023
$266
3%
$60,370
388%
2022
$258
—
$12,360
47438%
2022
$258
—
$26
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1501 E Rakestraw Lane, Gilbert, AZ 85298 (MLS# 6958168) is a Single Family property with 4 bedrooms and 3 full bathrooms. 1501 E Rakestraw Lane is currently listed for $845,000 and was received on December 15, 2025. Want to learn more about 1501 E Rakestraw Lane? 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.

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