#6828566, Anton Gegaj, Vladana Nikolic, Listing office: West USA Realty
#6889960·
Listing office: The Ave Collective·
Listing agent: Abbie L Knowles·
Listing office phone: 480-459-8731
$445,000 List price
401 S Ocean Dr Gilbert, AZ 85233
3 beds
3 baths
1,638 sqft
0.1 acres
$272 / sqft
House
Property details
About 401 S Ocean Dr
Welcome to this charming 3-bedroom, 2.5-bath, two-story home that offers the perfect blend of comfort, space, and location. Situated in the highly desirable Islands community—known for its scenic lakes, parks, and walking trails—this home is move-in ready and waiting for the right family to make it their own. Step inside to find a spacious layout with a large master suite featuring 2 walk-in closets and a generously sized bathroom. The kitchen is equipped with brand new stainless steel appliances in 2023 and opens up to the living and dining areas, ideal for everyday living and entertaining.Enjoy peace of mind with key updates already done for you, including New AC in 2022, New Garage Door in 2021, Water Heater in 2020, and Water Softener in 2024. Outside, you'll love the expansive backyard with a covered patio and private hot tubperfect for relaxing or playing with the family. Just minutes from top-rated schools, shopping, restaurants, and all that Gilbert has to offer, this home is a rare find in a premier location. While it could use a few personal touches, it's a fantastic opportunity to own in one of the East Valley's most sought-after neighborhoods.
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusAccepting Backup Offers
CoolingCentral Air
Size1,638 sqft
Lot size0.13 Acres
Year built1987
MLS #6889960
Garage2 spaces
Summary
- Flooring Type: Carpet, Tile
- Interior: Upstairs, Eat-in Kitchen, Full Bth Master Bdrm
- Fireplace: None
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Heating: Electric
- Cooling: Central Air
- List Price: $445,000
- Price/SqFt: $271
- HOA Amount: $382 Semi-Annually
- Annual Tax Amount: $1,426
- Tax Year: 2024
- Lot: Desert Front
- Directions: Right on S. Islands drive off Warner Rd, right on Sea Crest Drive, left on Ocean Drive, home on the right 401.
- Year Built: 1987
- Stories: 2
- Living Area: 1,638 SqFt
- Lot Size: 0.13 Acres
- MLS Number: 6889960
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: The Ave Collective
- Office Phone: (480) 459-8731
- Office Email: elizabeth@theavecollective.com
- Listing Agent: Abbie L Knowles
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: 7/25/2025, 7:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 10, 2020 | Home Sold | $313,750 |
| Oct 27, 2015 | Home Sold | $201,000 |
| Dec 21, 1987 | Home Sold | $92,583 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $37,360 | $1,426 |
| 2023 | $31,150 | $1,382 |
| 2022 | $24,200 | $1,460 |
| 2020 | $21,520 | $1,437 |
| 2019 | $19,080 | $1,281 |
| 2017 | $16,520 | $1,237 |
History based on county public records data.
Nearby schools
6
Islands Elementary School
Public District PK-6
0.5 mi
•245 S McQueen Rd
3
Shumway Elementary School
Public District PK-6
1.1 mi
•1325 N Shumway Ave
6
Playa del Rey Elementary School
Public District PK-6
1.2 mi
•550 N Horne St
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 $108,185. The majority of Gilbert, AZ residents have income between $100k-200k annually. The majority of families are married, with kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
7%
<35k
37%
35k-100k
46%
100k-200k
10%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
30%
Single, No Kids
10%
Single, with Kids
24%
Married, No Kids
36%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
11%
12-17 yrs old
19%
18-34 yrs old
44%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis- Tennis
Hiking/backpacking
Where do the neighbors shop?
Nordstrom Rack
Crate & Barrel
Bloomingdales
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Boston Market
What do the neighbors drive?
Volvo
BMW
Audi
What do the neighbors listen to?
News
Alternative
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 401 S Ocean Dr
The listing price of 401 S Ocean Dr property is $445,000.
The property 401 S Ocean Dr is a house located in Gilbert, Arizona, 85233.
Accepting Backup Offers: 401 S Ocean Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 401 S Ocean Dr are: Islands Elementary School (GreatSchools Rating 6/10), Shumway Elementary School (GreatSchools Rating 3/10), Playa del Rey Elementary School (GreatSchools Rating 6/10), 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), Primavera - Online (GreatSchools Rating 3/10), Intelli-School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $1,426 (source: MLS/based on county public records data).
The last sale was on July 10, 2020 for $313,750 (source: MLS/tax record).
The property at 401 S Ocean Dr has 3 bedrooms and 3 bathrooms.
The property 401 S Ocean Dr is 1,638 SqFt (source: MLS/tax record).
The year of construction for 401 S Ocean Dr is 1987.
This home is located at 401 S Ocean Dr in Gilbert, AZ and zip code 85233 in the Patio Homes neighborhood. This 1,638 square foot home, which was built in 1987, sits on a 0.13 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $445,000.
While more than 28 listings in Gilbert, AZ in June 2025 were sold above asking price, there were more than 56 listings sold at asking price, and more than 180 were sold below. The inventory of homes for sale in Gilbert, AZ between May and June 2025 decreased by 5.3%. Listings spent 62 days on the market in June 2025, and had a median list price of $585,718 during the same period.
From Rocket Homes Real Estate and based on county public records data.