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$1,300,000 Just Listed
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Property Description
Completed in 2024, this exceptional modern luxury farmhouse blends refined design, thoughtful functionality, and wide-open space, offering nearly 2,300 sf of beautifully crafted living space with 2 bedrooms and 2 bathrooms. Striking curb appeal welcomes you with classic board-and-batten architecture, crisp black accents, and an expansive covered front and back patio designed for inviting indoor-outdoor living, featuring rich wood ceilings and elegant stone columns. Inside, the home showcases a bright and inviting open-concept floor plan highlighted by a dramatic 25-foot ceiling in the great room, creating an impressive yet comfortable gathering space perfect for everyday living and entertaining. 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, offering miles of scenic walking and biking paths, along with quick access to Downtown Gilbert, located just about a mile away with some of the area's most popular dining, shopping, and entertainment. Blending timeless farmhouse charm with modern luxury, thoughtful amenities, and room to roam, this newly completed property offers a truly unique living experience.
Full Property Details
Full Property Details for 159 E Water Tank Rd
General
- Price: $1,300,000
- Taxes: $4,055 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6999436
- Updated: 3/16/2026
- Added to Site: Today
Interior
- Interior Features: Quartz Countertops, High Speed Internet, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
- Appliances: Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, Gas Dryer Hookup
Exterior
- Exterior Features: Rain Gutters, RV Hookup
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage, RV Access/Parking, Temp Controlled
Location
- County: Maricopa
- Township: 1S
- Subdivision: AWESOME LOCATION
- Cross Streets: Gilbert & Elliot Road
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Water: City Water
Structural Information
- Architectural Style: Contemporary, Ranch,
- Exterior Const.: Wood Siding, Wood Frame, Painted
- Roof: Tile, Metal
- Windows: Screens, Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 2024
Lot Features
- Lot Size (Acres): 0.99
- Lot Size (Sq. Ft.): 43,124
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Irrigation Back
Horse Property
- Horse Property: Yes
Financial Considerations
- Tax Amount: $4,055
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: PT SW4 E 84.75' OF FOL BEG 2016.56' N & 607.93' E FR SW COR OF SEC TH E 808.39' S 506.99' W 808.4
- Property ID: 304-23-020-E
- Range: 6E
- Section: 18
- Lot Number: NONE
Listed by My Home Group Real Estate
Get Pre-Approved Today
Schools
Schools serving 159 E Water Tank Rd
School District:Gilbert Unified District
| Name | Grades | Distance |
|---|---|---|
Gilbert Elementary School 175 West Elliot Road, Gilbert, AZ 85233 | PK-6 | 0.7 mi |
Mesquite Jr High School 130 West Mesquite Street, Gilbert, AZ 85233 | 7-8 | 0.6 mi |
Gilbert High School 1101 East Elliot Road, Gilbert, AZ 85234 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 159 E Water Tank Rd
Date
Details
Price
Change
Source
3/16/2026
Listed
$1,300,000
326.23%
MLS
9/08/2016
Sold
$305,000
—
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 159 E Water Tank Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,055
237%
$87,480
118%
2024
$1,205
-1%
$40,150
-6%
2023
$1,215
3%
$42,860
21%
2022
$1,178
—
$35,370
29%
2022
$1,178
-5%
$27,320
8%
2021
$1,245
2%
$25,380
11%
2020
$1,226
9%
$22,900
13%
2019
$1,126
3%
$20,280
12%
2018
$1,092
4%
$18,160
8%
2017
$1,053
-19%
$16,880
3%
2016
$1,301
10%
$16,360
4%
2015
$1,186
-4%
$15,680
43%
2014
$1,240
34%
$10,980
24%
2013
$922
—
$8,860
—
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 159 E Water Tank Rd
159 E Water Tank Road, Gilbert, AZ 85296 (MLS# 6999436) is a Single Family property with 2 bedrooms and 2 full bathrooms. 159 E Water Tank Road is currently listed for $1,300,000 and was received on March 16, 2026. Want to learn more about 159 E Water Tank Road? 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.

