Back 129 E Water Tank Rd
Off Market

129 E Water Tank Rd

Gilbert AZ 85296

4
4
3
4405 sq. ft.
55874 sq. ft.
Single-Family
Last sold for $2,040,000
Rob MieleRob Miele, last sold this property on 05 June 2026 after 99 days on market.

Overview

Experience a rare blend of modern luxury, farmhouse charm & Downtown Gilbert lifestyle in this extraordinary custom built home. Built in 2022, this 4,400+ sf modern farmhouse sits on 1.28 acres & offers the best of both worlds- private estate living with walkable/bikeable access to Downtown Gilbert shopping, dining, & entertainment. Designed for elevated everyday living & effortless entertaining, the home showcases a stunning great room with 14+ ft ceilings, expansive windows that flood the space with natural light, solid wood doors, & a cozy gas fireplace. From here, multi-slide stacking doors fully collapse to create a seamless indoor-outdoor connection, opening directly to a one-of-a-kind pond & rock garden designed as the heart of the property. A peaceful walking path wraps around the private pond, framed by natural boulders, mature trees, & lush landscaping--delivering a true resort-style setting and an incredible open-air feel. The chef's kitchen is a showpiece with a massive 12 foot island, two gas ranges (48" & 36") with 12 burners, 3 ovens, a butler's pantry and a huge walk-in refrigerator. The flexible layout includes 3 bedrooms plus a large media/flex room (used as a 4th bedroom option) and 3.5 baths. The primary retreat is exceptional, featuring a spa-like bathroom with oversized shower + enclosed tub, smart tint windows, huge closet, separate vanity/dressing area, and an attached patio. Outside, enjoy a truly unique setting with a small-scale vegetable farm, framed by inviting sitting & entertainment spaces and lots of exterior lighting. The back of the property includes a huge, fenced area perfect for farming, horses, chickens or many other options. Includes a back pad set with power for possible casita, workshop, pool/spa, etc. It's a short walk to the canal, which offers miles of walking/biking access and quick access to downtown Gilbert. There are lots of smart features to this home, 2 tankless water heaters (gas), 3 efficient HVAC units, complete water filtration system, custom lighting & fixtures and so much more. This is luxury mixed with land, character, and convenience--an incredibly rare opportunity in Gilbert.

Features

4 bedrooms
4 bathrooms
3 carspaces
3 garage spaces
4405 sq. ft. floor area
55874 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Gilbert over the last 12 months, the estimated median property value of 129 E Water Tank Rd is $635k.

Median value
$635k
Estimated value range
$25 - $2.92m
Median days on market
47
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Gilbert. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 129 E Water Tank Rd

2026
Sold
$2,040,000
05 Jun 2026 by Rob Miele, of HomeSmart
2018
Sold
$500,000
02 Mar 2018 by Theodore J Brennan, of West USA Realty

Happy sellers in Gilbert

88%
88% of sellers in Gilbert reported that their sale price either exceeded or met their price expectations.

Gilbert stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Gilbert over the last 12 months.

Local market activity for 4 bedroom single-family properties in Gilbert

In the last 12 months, 211 four-bedroom single-family properties similar to 129 E Water Tank Rd, have been sold.

This represents a 2% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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