$1,028,800

1241 W Lobster Trap Dr Gilbert, AZ 85233

$10,000
Closing credit¹
4 beds
3 baths
2,757 sqft
0.3 acres
$373 / sqft
House

Property details

About 1241 W Lobster Trap Dr

Discover this stunning single-level waterfront home with one of the largest shorelines in the area, located in the highly sought-after Islands Lakes community. From the moment you walk through the front door, you'll be captivated by breathtaking waterfront views. Featuring a spacious open floor plan, soaring cathedral ceilings, this home is designed for both comfort and style. The expansive primary suite offers a large walk-in closet and direct access to the extended covered patio—perfect for enjoying serene views of your private waterfront oasis. Live the lifestyle you've been dreaming of in this one-of-a-kind waterfront community.

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Size2,757 sqft
Lot size0.27 Acres
Year built1993
ParkingGarage Door Opener, Electric Vehicle Charging Station(s)
MLS #6872665
Garage3 spaces
FireplaceFire Pit, Other, 1 Fireplace, Exterior Fireplace

Summary

  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Fireplace: Fire Pit, Other, 1 Fireplace, Exterior Fireplace
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Private Pool: No
  • Parking: Garage Door Opener, Electric Vehicle Charging Station(s)
  • Exterior: Playground
  • Heating: Electric
  • Cooling: Central Air
  • List Price: $1,028,800
  • Price/SqFt: $373
  • HOA Amount: $382 Semi-Annually
  • Annual Tax Amount: $3,975
  • Tax Year: 2024
  • Year Built: 1993
  • Stories: 1
  • Living Area: 2,757 SqFt
  • Lot Size: 0.27 Acres
  • MLS Number: 6872665
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Real Broker
  • Office Phone: (602) 755-3415
  • Office Email: Membership@TheRealBrokerage.com
  • Listing Agent: Gary Colin, Karsten Kass Colin

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1241 W Lobster Trap Dr, Gilbert, AZ 85233 - mediterranean / spanish house with an attached garage, driveway, stucco siding, a tiled roof, and a water view

$1,028,800

1241 W Lobster Trap Dr

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$70,010$3,975
2023$64,620$3,975
2022$52,260$4,103
2020$48,880$4,072
2019$42,230$3,779
2017$38,780$3,526

History based on county public records data.

Nearby schools

3

Shumway Elementary School

Public District PK-6

0.5 mi

1325 N Shumway Ave

6

Islands Elementary School

Public District PK-6

0.9 mi

245 S McQueen Rd

3

Sanborn Elementary School

Public District KG-6

1.2 mi

700 N Superstition Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $104,098. The majority of Gilbert, AZ residents have income between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

3%
<35k
46%
35k-100k
44%
100k-200k
7%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

27%
Single, No Kids
8%
Single, with Kids
43%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
48%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Live TheatreLive Theatre
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • The Cheesecake FactoryThe Cheesecake Factory
  • StarbucksStarbucks

What do the neighbors drive?

  • MercedesMercedes
  • VolvoVolvo
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1241 W Lobster Trap Dr

The listing price of 1241 W Lobster Trap Dr property is $1,028,800.

The property 1241 W Lobster Trap Dr is a house located in Gilbert, Arizona, 85233.

Active Listing: 1241 W Lobster Trap Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1241 W Lobster Trap Dr are: Shumway Elementary School (GreatSchools Rating 3/10), Islands Elementary School (GreatSchools Rating 6/10), Sanborn Elementary School (GreatSchools Rating 3/10), Legacy Traditional School North Chandler (GreatSchools Rating 7/10), Mesquite Junior High School (GreatSchools Rating 4/10), Arizona College Preparatory Oakland Campus (GreatSchools Rating 10/10), Mesquite High School (GreatSchools Rating 4/10), Leading Edge Academy Gilbert Early College (GreatSchools Rating 8/10), Intelli-School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $3,975 (source: MLS/based on county public records data).

The property at 1241 W Lobster Trap Dr has 4 bedrooms and 3 bathrooms.

The property 1241 W Lobster Trap Dr is 2,757 SqFt (source: MLS/tax record).

The year of construction for 1241 W Lobster Trap Dr is 1993.

This home is located at 1241 W Lobster Trap Dr in Gilbert, AZ and zip code 85233 in the The Islands neighborhood. This 2,757 square foot home, which was built in 1993, sits on a 0.27 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $1,028,800.

In May 2025 more than 46 listings in Gilbert, AZ were sold above the asking price. During the same period more than 88 listings were sold at asking price, while more than 198 were sold below. In May 2025 in Gilbert, AZ there were 5.4% more homes for sale than in April. In May 2025 median list price was $584,740 and the average listing age was 60 days.

From Rocket Homes Real Estate and based on county public records data.

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