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$849,900
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Property Description
Welcome to this exceptional waterfront property in Playa del Rey- a private, gated community offering one of the only ski/wakeboard lake communities in the East Valley! This stunning 5-bedroom, 4-bathroom 3-car garage home sits on a spacious, waterfront lot. The large, open floorplan features 2 bedrooms and bathrooms downstairs for added convenience. This home is an open canvas, ready for you to bring your vision to life. Whether you dream of creating a luxurious outdoor living space or enhancing the living areas, the possibilities are endless. The serene setting and prime location make this home a rare find. Welcome to your new home!
Full Property Details
Full Property Details for 589 N Acacia Dr
General
- Price: $849,900
- HOA FEE: $300/month
- Taxes: $4,347 (2024)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6831531
- Updated: 11/22/2025
- Added to Site: 287 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace: Yes
- Number of Fireplaces: 1
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 3
Location
- County: Maricopa
- Subdivision: Playa del Rey
- Cross Streets: McQueen and Guadalupe
Community
- Association: Yes
- Assoc. Name: Playa del Rey
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Water: City Water
Structural Information
- Builder: UNK
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Sq. Ft. Source: Assessor
- Year Built: 2000
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,902
- Lot Size Source: Assessor
- Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back
Water Features
- Water Front: Yes
Financial Considerations
- Association Fee: $300
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,347
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 310-08-458
- Lot Number: 126
Listed by The Arrow Agency
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Schools
Schools serving 589 N Acacia Dr
School District:Gilbert Unified District
| Name | Grades | Distance |
|---|---|---|
Playa Del Rey Elementary School 550 North Horne Street, Gilbert, AZ 85233 | PK-6 | 0.2 mi |
Mesquite High School 500 South McQueen Road, Gilbert, AZ 85233 | 9-12 | 1.4 mi |
Mesquite Jr High School 130 West Mesquite Street, Gilbert, AZ 85233 | 7-8 | 1.8 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 589 N Acacia Dr
Date
Details
Price
Change
Source
11/22/2025
Price Reduced
$849,900
-5.56%
MLS
9/23/2025
Price Reduced
$899,900
-2.71%
MLS
9/03/2025
Price Reduced
$925,000
-2.53%
MLS
5/24/2025
Price Reduced
$949,000
-3.06%
MLS
4/04/2025
Listed
$979,000
244.6%
MLS
2/25/2000
Sold
$284,100
—
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 589 N Acacia Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,537
4%
$75,160
2%
2024
$4,347
-1%
$73,930
-14%
2023
$4,373
3%
$86,000
17%
2022
$4,236
—
$73,500
29%
2022
$4,236
-4%
$57,120
8%
2021
$4,402
2%
$53,020
5%
2020
$4,328
9%
$50,460
6%
2019
$3,978
3%
$47,700
3%
2018
$3,852
4%
$46,280
3%
2017
$3,706
-3%
$44,870
2%
2016
$3,815
11%
$43,930
1%
2015
$3,426
-1%
$43,670
31%
2014
$3,453
10%
$33,320
11%
2013
$3,130
—
$30,070
—
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 589 N Acacia Dr
589 N Acacia Drive, Gilbert, AZ 85233 (MLS# 6831531) is a Single Family property with 5 bedrooms and 4 full bathrooms. 589 N Acacia Drive is currently listed for $849,900 and was received on April 04, 2025. Want to learn more about 589 N Acacia 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.

