$540,000

509 S Paradise Dr Gilbert, AZ 85233

$6,413
Closing credit¹
2 beds
2 baths
1,602 sqft
0.09 acres
$337 / sqft
House

Property details

About 509 S Paradise Dr

**** ALSO FOR RENT - $2500/month **** Lakeside living in the heart of Gilbert! Tucked within a tranquil gated community, this beautifully updated 2-beds + den, 2-baths home backs to a serene lake where gentle fountains dance & birds glide across the water. Each day begins & ends w/soothing sights & sounds of nature—right from your kitchen window or primary bedroom. The spacious den offers flexibility for a home office or guest space and can easily be converted into a third bedroom with the addition of a closet. Inside, the remodeled kitchen offers generous cabinetry & counter space, perfect for cooking with a view. Living room features a cozy fireplace, while both bathrooms have been tastefully updated. The primary suite offers dual sinks, a soaking tub, and a separate shower-all with calming lake views just steps away! Outside, lush, low-maintenance landscaping blends beautifully into the natural surroundings. Residents enjoy access to boating on the main lake, perfect for sunset rides or peaceful afternoons on the water. Located in the award-winning Gilbert Unified School District, and just minutes from parks, restaurants, downtown Gilbert, and major freeways-this home offers the rare blend of peaceful retreat and everyday convenience. Come experience life where the water meets the desert sky-your lakeside haven awaits.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size1,602 sqft
Lot size0.09 Acres
Year built1994
MLS #6854168
Garage2 spaces
Fireplace1 Fireplace

Summary

  • MLS Number: 6854168
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: SERHANT.
  • Office Phone: (602) 525-3992
  • Office Email: licenses@serhant.com
  • Listing Agent: Thanaa S Salloum

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: 4/26/2025, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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mediterranean / spanish-style house featuring a chimney, stucco siding, an attached garage, a tile roof, and concrete driveway

$540,000

509 S Paradise Dr

$6,413

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 26, 2022
Home Sold
$476,000
Jun 13, 2022
Home Sold
$524,000
Dec 15, 1994
Home Sold
$120,300

Tax history

YearAssessmentProperty Tax
2024$46,020$1,984
2023$36,870$1,929
2022$30,460$1,685
2020$25,500$1,659
2019$24,400$1,478
2017$21,630$1,426

History based on county public records data.

Nearby schools

6

Islands Elementary School

Public District PK-6

0.4 mi

245 S McQueen Rd

3

Shumway Elementary School

Public District PK-6

0.9 mi

1325 N Shumway Ave

6

Playa del Rey Elementary School

Public District PK-6

1.3 mi

550 N Horne St

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 $65,093. The majority of Gilbert, AZ residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

25%
<35k
39%
35k-100k
25%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
11%
Single, with Kids
29%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
46%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolvoVolvo
  • ToyotaToyota
  • MercedesMercedes

What do the neighbors listen to?

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

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Frequently asked questions

About 509 S Paradise Dr

This home is located at 509 S Paradise Dr in Gilbert, AZ and zip code 85233 in the Coral Pointe neighborhood. This 1,602 square foot home, which was built in 1994, sits on a 0.09 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 19, 2025 and is currently priced at $540,000.

In March 2025 more than 38 listings in Gilbert, AZ were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 179 were sold below. The number of listings in Gilbert, AZ increased by 13.2% between February and March 2025. Listings spent 62 days on the market in March 2025, and had a median list price of $585,031 during the same period.

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

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