Tour
$10,000 Closing Credit¹
#6846524, Randy Courtney, Listing office: Weichert, Realtors - Courtney Valleywide
#6869897·
Listing office: RE/MAX Excalibur·
Listing agent: Monique Walker·
Listing office phone: 480-355-3500
$925,000 List price
1501 E Rakestraw Ln Gilbert, AZ 85298
$10,000
Closing credit¹
4 beds
4 baths
3,173 sqft
0.1 acres
$292 / sqft
House
Property details
About 1501 E Rakestraw Ln
Welcome to your dream home in prestigious Gilbert w/ over $90K in upgrades! This meticulously home offers the perfect blend of luxury and comfort. Relax in the downstairs ensuite featuring a separate soaking tub and elegant tiled shower with glass doors. Entertain effortlessly with the built-in BBQ & Pizza kitchen on the back patio complete with outdoor speakers. Upstairs, discover a versatile loft space transformed into a home theater with built-in projector, screen, and premium sound system. Enjoy pure water throughout with the saltless full-house filtration system. Convenient upstairs laundry adds practicality to luxury living. The expansive blank slate backyard awaits your vision - perfect for installing the pool of your dreams!
Highlights
Home typeSingle Family Residence
HeatingENERGY STAR Qualified Equipment, Natural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
Size3,173 sqft
Lot size0.14 Acres
Year built2023
ParkingGarage Door Opener, Direct Access, Electric Vehicle Charging Station(s)
MLS #6869897
Garage2 spaces
Fireplace1 Fireplace
Summary
- Flooring Type: Carpet, Tile
- Interior: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace: 1 Fireplace
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Private Pool: No
- Parking: Garage Door Opener, Direct Access, Electric Vehicle Charging Station(s)
- Exterior: Misting System, Built-in Barbecue
- Heating: ENERGY STAR Qualified Equipment, Natural Gas
- Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
- List Price: $925,000
- Price/SqFt: $291
- HOA Amount: $165 Monthly
- Annual Tax Amount: $265
- Tax Year: 2024
- Lot: Sprinklers In Front
- Directions: From Ocotillo go North on Val Vista, West on Spur Rd, Right on Stonecreek Blvd, Right on Rakestraw Lane
- Year Built: 2023
- Stories: 2
- Living Area: 3,173 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 6869897
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: RE/MAX Excalibur
- Office Phone: (480) 355-3500
- Office Email: garygreenacre@remax.net
- Listing Agent: Monique Walker
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: 6/17/2025, 4:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$925,000
1501 E Rakestraw Ln
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 24, 2023 | Home Sold | $758,785 |
| Aug 26, 2022 | Home Sold | $16,815,686 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $60,370 | $265 |
| 2023 | $12,360 | $258 |
History based on county public records data.
Nearby schools
9
Weinburg Elementary School
Public District KG-6
0.3 mi
•5245 S Val Vista Dr
8
Haley Elementary School
Public District KG-6
1.1 mi
•3401 S Layton Lakes Blvd
9
Ryan Elementary School
Public District KG-6
1.7 mi
•4600 S Bright Angel Way
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $96,270. Typical income of Gilbert, AZ residents is between $100k-200k annually. Typical family type is married, with kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
14%
<35k
38%
35k-100k
41%
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?
15%
Single, No Kids
10%
Single, with Kids
25%
Married, No Kids
50%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
11%
12-17 yrs old
21%
18-34 yrs old
38%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Soccer
NBA/WNBA
Where do the neighbors shop?
Chico's
The Container Store
New York & Company
Where do the neighbors go to eat?
Boston Market
Starbucks
Qdoba
What do the neighbors drive?
Volvo
BMW
Infiniti
What do the neighbors listen to?
Talk/Personality
Alternative
Active Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Gilbert, AZ
Transportation in Gilbert includes a mix of private and public transit options, with local bus services operating on a set schedule. The town is characterized by areas of high walkability, particularly around the downtown core, and has made investments in bike lanes to encourage cycling. Major roads and highways connect Gilbert to neighboring cities, facilitating commuting and regional travel.
The community is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare is accessible through local clinics and a regional hospital equipped with various specialized services. Gilbert also features a network of public libraries and a vibrant retail and dining scene that mirrors the town's cultural diversity.
Gilbert is celebrated for its family-friendly atmosphere and community-oriented lifestyle. The town prides itself on its well-maintained parks, recreational facilities, and a calendar filled with community events and festivals that showcase local traditions and foster a strong sense of belonging among residents.
Gilbert's housing market is diverse, offering a range of options from spacious single-family homes to convenient apartments and townhouses. The architectural styles vary, with a prevalence of contemporary and ranch-style homes reflecting the area's growth spurt in the late 20th and early 21st centuries. The homeownership rate is high, with a significant majority of residents owning their homes, while the remainder of the population resides in rental properties.
About 1501 E Rakestraw Ln
The listing price of 1501 E Rakestraw Ln property is $925,000.
The property 1501 E Rakestraw Ln is a house located in Gilbert, Arizona, 85298.
Active Listing: 1501 E Rakestraw Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1501 E Rakestraw Ln are: Weinburg Elementary School (GreatSchools Rating 9/10), Haley Elementary School (GreatSchools Rating 8/10), Ryan Elementary School (GreatSchools Rating 9/10), Legacy Traditional School - Chandler (GreatSchools Rating 9/10), Santan Jr. High School (GreatSchools Rating 6/10), Payne Junior High School (GreatSchools Rating 7/10), Perry High School (GreatSchools Rating 8/10), Campo Verde High School (GreatSchools Rating 7/10), Basha High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $265 (source: MLS/based on county public records data).
The last sale was on May 24, 2023 for $758,785 (source: MLS/tax record).
The property at 1501 E Rakestraw Ln has 4 bedrooms and 4 bathrooms.
The property 1501 E Rakestraw Ln is 3,173 SqFt (source: MLS/tax record).
The year of construction for 1501 E Rakestraw Ln is 2023.
This home is located at 1501 E Rakestraw Ln in Gilbert, AZ and zip code 85298. This 3,173 square foot home, which was built in 2023, sits on a 0.14 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $925,000.
In May 2025, from all listings sold in Gilbert, AZ there were more than 46 sold above asking price, over 198 sold below and more than 88 were sold right at the asked price. Between April and May 2025, Gilbert, AZ real estate market has seen increase in the number of listings by 5.4%. While the average time on the market in May 2025 was 60 days, the median list price was $584,740.
From Rocket Homes Real Estate and based on county public records data.