$875,000
1501 E RAKESTRAW Lane
Gilbert, AZ 85298
MLS# 6917096
4 beds  |  3.5 baths


1501 E RAKESTRAW Lane, Gilbert, AZ 85298
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1501 E RAKESTRAW Lane, Gilbert, AZ 85298 Designed for both style and function, this kitchen features sleek stainless steel appliances, a striking waterfall-edge island with seating, and an abundance of white cabinetry for ample storage. Enjoy cooking on the gas cooktop beneath a modern hood, with a built-in wall oven and microwave adding to the streamlined look. This stylish living area features beautiful grey wood-look tile flooring, plantation shutters for added charm, and an electric fireplace for cozy ambiance. The open layout flows seamlessly into the kitchen, perfect for entertaining or everyday living Relax in comfort in this inviting primary bedroom featuring generous space, soft natural light, and a serene atmosphere—perfect for rest and retreat. Unwind in this luxurious primary bathroom featuring a full tiled walk-in shower with sleek glass doors, paired with a separate oversized soaking tub—perfect for relaxing after a long day. Clean lines and elegant finishes create a serene, modern retreat. Brand new renovated backyard with outdoor kitchen, water feature, raised seating area and putting green! Welcome to Waterstone – A Hidden Gem in the Desert!
Peaceful, family-friendly community known for its scenic walking paths, beautifully maintained parks, and close-knit neighborhood feel. 1.2 Acre Lake, Clubhouse, BBQ Areas, Playgrounds & Sport Courts, Walking & Biking Trails, Dog Park. 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298 1501 E RAKESTRAW Lane, Gilbert, AZ 85298

Property Description
Welcome to modern luxury living! This stunning home has been thoughtfully upgraded with over $90K in enhancements, blending sleek design with comfort and functionality. Step inside to find a bright, contemporary layout featuring a private downstairs ensuite with a soaking tub and a beautifully tiled glass shower. Upstairs, a versatile loft has been transformed into a state-of-the-art home theater, complete with a built-in projector, screen, and premium sound system. A full-house, saltless water filtration system ensures pure water throughout, and the upstairs laundry adds everyday convenience.The brand-new backyard retreat is an entertainer's dream. Complete with a custom putting green, tranquil water feature, lush turf, pavered seating areas, and a fully equipped outdoor kitchen

Details
Maps
Documents
Contract Information
Type: Exclusive Agency
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $875,000
Status: Active
Current Price: $875,000
List Date: 2025-09-09
Location, Tax & Legal
Assessor's Map #: 33
Legal Description (Abbrev): LOT 155 WATERSTON NORTH PHASE 1 MCR 159019
Assessor's Parcel #: 633
Tax Municipality: Gilbert
Taxes: 2336
House Number: 1501
Compass: E
Street Name: RAKESTRAW
St Suffix: Lane
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85298
Zip4: 0728
County Code: Maricopa
Assessor Number: 313-33-633
Subdivision: WATERSTON NORTH PHASE 1
Tax Year: 2024
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 2
Approx SQFT: 3173
Price/SqFt: 275.76
Approx Lot SqFt: 5968
Approx Lot Acres: 0.137
Horses: N
Builder Name: Tripointe
Elementary School District: Chandler Unified District #80
High School District: Chandler Unified District #80
Elementary School: Weinberg Gifted Academy
Jr. High School: Perry High School
High School: Perry High School
Community Pool Y/N: Yes
Private Pool Y/N: No
Planned Comm Name: WATERSTON NORTH PHASE 1
Fireplace YN: Yes
Fireplaces Total: 1
Marketing Name: WATERSTON NORTH PHASE 1
Dwelling Type: Single Family Residence
Exterior Stories: 2
# Bedrooms: 4
Total Bathrooms: 3.5
Year Built: 2023
Legal Info
Range: 6E
Section: 17
Township: 2S
Lot Number: 155
Special Listing Cond
N/A: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Brick Veneer: 1
Stone: 1
Roofing
Tile: 1
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 0
HOA Fee: 165
HOA Paid Frequency: Monthly
HOA Name: Waterstone Community
HOA Telephone: 602-437-4777
HOA Management Company: City Property Manage
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 1650
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 330
Disclosure Fees HOA: 400
Other Fees HOA: 0
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 165
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Master Bathroom
Full Bth Master Bdrm: 1
Separate Shwr & Tub: 1
Double Vanity: 1
Private Toilet Room: 1
Bidet: 1
Additional Bedroom
Other Bedroom Downstairs: 1
Master Bedroom Walk-in Closet: 1
Other Bedroom Walk-in Closet: 1
Flooring
Carpet: 1
Tile: 1
Window Features
Dual Pane: 1
Community Features
Biking/Walking Path: 1
Children's Playgrnd: 1
Clubhouse/Rec Room: 1
Community Spa: 1
Community Spa Htd: 1
Gated: 1
Lake: 1
Dining Area
Formal: 1
Breakfast Bar: 1
Heating
Natural Gas: 1
ENERGY STAR Qualified Equipment: 1
Kitchen Features
Built-in Microwave: 1
Dishwasher: 1
Disposal: 1
Gas Oven: 1
Gas Range: 1
Gas Stub for Range: 1
Kitchen Island: 1
Pantry: 1
Refrigerator: 1
Reverse Osmosis: 1
Gas Cooktop: 1
Granite Counters: 1
Cooling
Ceiling Fan(s): 1
ENERGY STAR Qualified Equipment: 1
Programmable Thmstat: 1
Central Air: 1
Interior Features
9+ Flat Ceilings: 1
Water Softener Owned: 1
Soft Water Loop: 1
Laundry
Washer Included: 1
Dryer Included: 1
Engy Star (See Rmks): 1
220 V Dryer Hookup: 1
Upstairs Laundry: 1
Basement
Basement Y/N: N
Other Rooms
Family Room: 1
Loft: 1
Separate Den/Office
Sep Den/Office Y/N: Y
Road Responsibility
City Maintained Road: 1
Technology
Pre-Wire Srnd Snd: 1
Cable TV Avail: 1
High Speed Internet: 1
Fencing
Block: 1
Water Source
City Water: 1
Community Pool Features
Heated: 1
Outdoor: 1
Play Pool: 1
Exterior Features
Built-in BBQ: 1
Covered Patio(s): 1
Misting System: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 2
Total Covered Spaces: 2
Garage Spaces: 2
Parking Features
Electric Vehicle Charging Station(s): 1
Direct Access: 1
Garage Door Opener: 1
New Financing
Cash: 1
Conventional: 1
Energy/Green Feature
Multi-Zones: 1
Plumbing
Tankless Ht Wtr Heat: 1
Utilities
SRP: 1
SW Gas: 1
Propane: 1
Existing 1st Loan
Conventional: 1
Property Description
North/South Exposure: 1
Landscaping
Synthetic Grass Frnt: 1
Synthetic Grass Back: 1
Yrd Wtring Sys Front: 1
Yrd Wtring Sys Back: 1
Auto Timer H2O Front: 1
Services
City Services: 1
Items Updated
Bath(s) Yr Updated: 2025
Bath(s) Partial/Full: Partial
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Residential Propane Tank
Residential Propane Tank: Owned
Possession
By Agreement: 1
Close of Escrow: 1
Association Fee Incl
Common Area Maint: 1
Assoc Rules/Info
Pets OK (See Rmrks): 1
Prof Managed: 1
Remarks Misc
Cross Street: Ocotillo & Val Vista Drive
Directions: From Ocotillo go North on Val Vista, West on Spur Rd, Right on Stonecreek Blvd, Right on Rakestraw Lane
Geo Lat: 33.252851
Geo Lon: -111.757638
Property Features
Special Listing Cond: N/A
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room; Bidet
Additional Bedroom: Other Bedroom Downstairs; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet
Flooring: Carpet; Tile
Window Features: Dual Pane
Community Pool Features: Heated; Outdoor; Play Pool
Spa: None
Community Features: Biking/Walking Path; Children's Playgrnd; Clubhouse/Rec Room; Community Spa; Community Spa Htd; Gated; Lake
Dining Area: Formal; Breakfast Bar
Kitchen Features: Gas Oven; Gas Range; Gas Cooktop; Gas Stub for Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Pantry; Granite Counters; Kitchen Island
Laundry: Washer Included; Dryer Included; Engy Star (See Rmks); 220 V Dryer Hookup; Upstairs Laundry
Other Rooms: Family Room; Loft
Interior Features: 9+ Flat Ceilings; Water Softener Owned; Soft Water Loop
Technology: Pre-Wire Srnd Snd; Cable TV Avail; High Speed Internet
Exterior Features: Built-in BBQ; Covered Patio(s); Misting System
Parking Features: Direct Access; Electric Vehicle Charging Station(s); Garage Door Opener
Road Responsibility: City Maintained Road
Construction: Wood Frame
Const - Finish: Painted; Stucco; Brick Veneer; Stone
Roofing: Tile
Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat; ENERGY STAR Qualified Equipment
Heating: Natural Gas; ENERGY STAR Qualified Equipment
Plumbing: Tankless Ht Wtr Heat
Utilities: SRP; SW Gas; Propane
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Property Description: North/South Exposure
Landscaping: Synthetic Grass Frnt; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front
Lockbox Type: Supra
Possession: By Agreement; Close of Escrow
Association Fee Incl: Common Area Maint
Existing 1st Loan: Conventional
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Supplements
featuring a built-in BBQ, smoker, and pizza ovenall enhanced by a premium speaker systemthis space is perfect for gatherings or quiet evenings at home. The upgrades continue in the garage with sleek epoxy flooring and an electric vehicle charging station, providing both functionality and style. This home truly offers the best of luxury, lifestyle, and location.

Listing Office: RE/MAX Excalibur

Last Updated: October - 01 - 2025

1501 E RAKESTRAW Lane, Gilbert, AZ 85298 - MLS# 6917096

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