1501 E RAKESTRAW Lane, Gilbert, AZ 85298
$845,000
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
3,173
Lot Size (sq. ft.):
5,968
Status:
Active
Current Price:
$845,000
Last Modified:
12/16/2025
Description
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, . . .
Supplements: 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!
More Information MLS# 6958168
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $845,000
Status: Active
Current Price: $845,000
List Date: 2025-12-15
Location, Tax & Legal
Assessor's Map #: 33
Legal Description (Abbrev): LOT 155 WATERSTON NORTH PHASE 1 MCR
Assessor's Parcel #: 633
Tax Municipality: Gilbert
Taxes: 2367
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: 2025
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 2
Full Bathrooms: 3
Half Bathrooms: 1
Approx SQFT: 3173
Price/SqFt: 266.31
Approx Lot SqFt: 5968
Approx Lot Acres: 0.137
Horses: N
Builder Name: Tri Pointe Homes
Elementary School District: Chandler Unified District #80
High School District: Chandler Unified District #80
Elementary School: Robert J.C. Rice Elementary School
Jr. High School: Robert J.C. Rice Elementary School
High School: Perry High School
Community Pool Y/N: No
Private Pool Y/N: No
Planned Comm Name: Waterston
Fireplace YN: Yes
Fireplaces Total: 1
Marketing Name: Waterston
Dwelling Type: Single Family Residence
Exterior Stories: 2
# Bedrooms: 4
Total Bathrooms: 4
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
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: Waterston
HOA Telephone: 602-437-4777
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
PAD Fee: 0
Cap Improvement/Impact Fee: 330
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2: 0
Cap Improvement/Impact Fee 2 $/%: $
Prepaid Association Fees HOA: 330
Disclosure Fees HOA: 400
Other Fees HOA: 1650
Other Fees Description: Community Enhancement Fee
Land Lease Fee Y/N: N
Land Lease Fee: 0
Rec Center Fee Y/N: N
Rec Center Fee: 0
Rec Center Fee 2: 0
Ttl Mthly Fee Equiv: 165
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
Supra: 1
See Private Remarks: 1
Architecture
Contemporary: 1
Master Bathroom
Full Bth Master Bdrm: 1
Separate Shwr & Tub: 1
Double Vanity: 1
Private Toilet Room: 1
2 Master Baths: 1
Master Bedroom
Upstairs: 1
Additional Bedroom
2 Master Bedrooms: 1
Other Bedroom Downstairs: 1
Master Bedroom Walk-in Closet: 1
Other Bedroom Walk-in Closet: 1
Add'l Property Use
None: 1
Fireplace Features
Insert: 1
Fireplace Living Rm: 1
Flooring
Carpet: 1
Tile: 1
Window Features
Screens: 1
Dual Pane: 1
Low-Emissivity Windows: 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
Eat-in Kitchen: 1
Breakfast Bar: 1
Dining in LR/GR: 1
Heating
Natural Gas: 1
ENERGY STAR Qualified Equipment: 1
Kitchen Features
220 Volts in Kitchen: 1
Built-In Electric Oven: 1
Dishwasher: 1
Disposal: 1
Engy Star (See Rmks): 1
Kitchen Island: 1
Built-in Microwave: 1
Non-laminate Counter: 1
Pantry: 1
Refrigerator: 1
Reverse Osmosis: 1
Gas Cooktop: 1
Quartz Countertops: 1
Cooling
Ceiling Fan(s): 1
ENERGY STAR Qualified Equipment: 1
Programmable Thmstat: 1
Central Air: 1
Interior Features
9+ Flat Ceilings: 1
Soft Water Loop: 1
Water Purifier: 1
Laundry
Washer Included: 1
Dryer Included: 1
220 V Dryer Hookup: 1
Inside: 1
Basement
Basement Y/N: N
Other Rooms
Great Room: 1
Loft: 1
Separate Den/Office
Sep Den/Office Y/N: Y
Road Access Type
City Street: 1
Road Surface Type
Paved: 1
Road Responsibility
City Maintained Road: 1
Technology
Pre-Wire Srnd Snd: 1
Cable TV Avail: 1
Ntwrk Wrng One Room: 1
High Speed Internet: 1
Fencing
Back Yard: 1
Block: 1
Water Source
City Water: 1
Exterior Features
Built-in BBQ: 1
Covered Patio(s): 1
Patio: 1
Pvt Yrd(s)/Crtyrd(s): 1
Spa
None: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Spaces
Slab Parking Spaces: 2
Total Covered Spaces: 2
Garage Spaces: 2
Parking Features
Attch'd Gar Cabinets: 1
Attached Garage: 1
Direct Access: 1
Garage Door Opener: 1
New Financing
Cash: 1
Conventional: 1
1031 Exchange: 1
Energy/Green Feature
Multi-Zones: 1
Plumbing
Tankless Ht Wtr Heat: 1
Gas Hot Wtr – Tnklss: 1
WaterSense Faucet(s): 1
WaterSense Toilet(s): 1
Utilities
APS: 1
Natural Gas Connected: 1
SW Gas: 1
Existing 1st Loan
Treat as Free&Clear: 1
Property Description
North/South Exposure: 1
Landscaping
Gravel/Stone Front: 1
Gravel/Stone Back: 1
Synthetic Grass Frnt: 1
Synthetic Grass Back: 1
Yrd Wtring Sys Front: 1
Yrd Wtring Sys Back: 1
Services
City Services: 1
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Possession
Close of Escrow: 1
Association Fee Incl
Common Area Maint: 1
Assoc Rules/Info
Pets OK (See Rmrks): 1
No Visible Truck Trailer RV Boat: 1
Prof Managed: 1
Remarks Misc
Cross Street: S Val Vista Dr and E Ocotillo Rd
Directions: South on S Val Vista Dr. Right on E Ocotillo Rd. Right on S Stonecreek Blvd. Right on E Rakestraw Ln. Home will be on the right.
Geo Lat: 33.252851
Geo Lon: -111.757638
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Architecture: Contemporary
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room; 2 Master Baths
Master Bedroom: Upstairs
Additional Bedroom: 2 Master Bedrooms; Other Bedroom Downstairs; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet
Fireplace Features: Insert; Fireplace Living Rm
Flooring: Carpet; Tile
Window Features: Screens; Dual Pane; Low-Emissivity Windows
Spa: None
Community Features: Biking/Walking Path; Children's Playgrnd; Clubhouse/Rec Room; Community Spa; Community Spa Htd; Gated; Lake
Dining Area: Formal; Eat-in Kitchen; Breakfast Bar; Dining in LR/GR
Kitchen Features: Built-In Electric Oven; 220 Volts in Kitchen; Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Engy Star (See Rmks); Reverse Osmosis; Pantry; Quartz Countertops; Non-laminate Counter; Kitchen Island
Laundry: Washer Included; Dryer Included; 220 V Dryer Hookup; Inside
Other Rooms: Great Room; Loft
Interior Features: 9+ Flat Ceilings; Soft Water Loop; Water Purifier
Technology: Pre-Wire Srnd Snd; Cable TV Avail; High Speed Internet; Ntwrk Wrng One Room
Exterior Features: Built-in BBQ; Covered Patio(s); Patio; Pvt Yrd(s)/Crtyrd(s)
Parking Features: Attached Garage; Attch'd Gar Cabinets; Direct Access; Garage Door Opener
Road Access Type: City Street
Road Surface Type: Paved
Road Responsibility: City Maintained Road
Construction: Wood Frame
Const - Finish: Painted; Stucco; 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; Gas Hot Wtr – Tnklss; WaterSense Faucet(s); WaterSense Toilet(s)
Utilities: APS; Natural Gas Connected; SW Gas
Water Source: City Water
Sewer: Sewer - Public; Sewer-In & Connected
Services: City Services
Fencing: Back Yard; Block
Property Description: North/South Exposure
Landscaping: Gravel/Stone Front; Gravel/Stone Back; Synthetic Grass Frnt; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra; See Private Remarks
Possession: Close of Escrow
Association Fee Incl: Common Area Maint
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; 1031 Exchange
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office:
AZ Flat Fee
Last Updated: December - 16 - 2025
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