$525,000
126 S BAY Drive
Gilbert, AZ 85233
MLS# 6894368
3 beds  |  3 baths


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Property Description
There are neighborhoods in the East Valley that have a reputation before you ever set foot in them, and The Islands in Gilbert is one of them. People who live there tend to stay, and the ones who leave tend to keep mentioning it for years. That's not an accident. It's a community that was designed to actually feel like one, with a large lake, green space that gets used, walking and biking paths that loop the neighborhood, playgrounds, and the kind of organized programming that turns neighbors into people who know each other's names. The annual boat parade at Christmas fills the lake with decorated watercraft and the sidewalks with residents who came out because they wanted to, not because someone told them to. There are car shows. There are people who have lived on these streets long

Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $525,000
Status: Active
Current Price: $525,000
List Date: 2025-07-18
Location, Tax & Legal
Assessor's Map #: 4
Legal Description (Abbrev): LOT 164 MARTINQUE 3 AT THE ISLANDS MCR 036324
Assessor's Parcel #: 390
Tax Municipality: Gilbert
Taxes: 1543
House Number: 126
Compass: S
Street Name: BAY
St Suffix: Drive
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85233
Zip4: 5641
County Code: Maricopa
Assessor Number: 310-04-390
Subdivision: Martinique III at The Islands
Tax Year: 2024
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 2
Full Bathrooms: 2
Half Bathrooms: 1
Approx SQFT: 2016
Price/SqFt: 260.42
Approx Lot SqFt: 5780
Approx Lot Acres: 0.133
Horses: N
Builder Name: Blandford
Elementary School District: Gilbert Unified District
High School District: Gilbert Unified District
Elementary School: Islands Elementary School
Jr. High School: Mesquite Jr High School
High School: Mesquite High School
Community Pool Y/N: No
Private Pool Y/N: No
Planned Comm Name: The Islands
Fireplace YN: No
Dwelling Type: Single Family Residence
Exterior Stories: 2
# Bedrooms: 3
Total Bathrooms: 3
Year Built: 1994
Legal Info
Range: 5E
Section: 14
Township: 1S
Lot Number: 164
Special Listing Cond
N/A: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Tile: 1
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 155
HOA Fee: 382.68
HOA Paid Frequency: Semi-Annually
HOA Name: The Islands
HOA Telephone: 480-551-4300
HOA Management Company: First Service Resid
HOA Management Phone: 480-551-4300
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 2254.65
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 0
Disclosure Fees HOA: 245
Other Fees HOA: 0
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 63.78
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Master Bathroom
Full Bth Master Bdrm: 1
Separate Shwr & Tub: 1
Double Vanity: 1
Master Bedroom
Upstairs: 1
Flooring
Carpet: 1
Tile: 1
Community Features
Biking/Walking Path: 1
Children's Playgrnd: 1
Lake: 1
Dining Area
Eat-in Kitchen: 1
Breakfast Bar: 1
Breakfast Room: 1
Heating
Electric: 1
Kitchen Features
Dishwasher: 1
Disposal: 1
Pantry: 1
Range/Oven Elec: 1
Refrigerator: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Interior Features
Vaulted Ceiling(s): 1
Water Softener Owned: 1
Water Purifier: 1
Laundry
Washer Included: 1
Dryer Included: 1
Inside: 1
Basement
Basement Y/N: N
Other Rooms
Family Room: 1
Separate Den/Office
Sep Den/Office Y/N: Y
Technology
3+ Exist Tele Lines: 1
Cable TV Avail: 1
High Speed Internet: 1
Fencing
Block: 1
Water Source
City Water: 1
Exterior Features
Covered Patio(s): 1
Patio: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 2
Total Covered Spaces: 2.5
Garage Spaces: 2.5
Parking Features
Garage Door Opener: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Utilities
SRP: 1
Existing 1st Loan
Treat as Free&Clear: 1
Landscaping
Yrd Wtring Sys Front: 1
Yrd Wtring Sys Back: 1
Items Updated
Floor Yr Updated: 2023
Floor Partial/Full: Partial
Kitchen Yr Updated: 2025
Kitchen Partial/Full: Partial
Bath(s) Yr Updated: 2021
Bath(s) Partial/Full: Partial
Disclosures
Seller Discl Avail: 1
Possession
Close of Escrow: 1
Association Fee Incl
Common Area Maint: 1
Assoc Rules/Info
Prof Managed: 1
Remarks Misc
Cross Street: McQueen & Elliot
Directions: East to Islands Dr, South to the fountain, West to Pacific, West on Pacific it turns into Bay, home is on the right.
Geo Lat: 33.347146
Geo Lon: -111.823963
Property Features
Special Listing Cond: N/A
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity
Master Bedroom: Upstairs
Flooring: Carpet; Tile
Spa: None
Community Features: Biking/Walking Path; Children's Playgrnd; Lake
Dining Area: Eat-in Kitchen; Breakfast Bar; Breakfast Room
Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Refrigerator; Pantry
Laundry: Washer Included; Dryer Included; Inside
Other Rooms: Family Room
Interior Features: Vaulted Ceiling(s); Water Softener Owned; Water Purifier
Technology: 3+ Exist Tele Lines; Cable TV Avail; High Speed Internet
Exterior Features: Covered Patio(s); Patio
Parking Features: Garage Door Opener
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Tile
Cooling: Central Air; Ceiling Fan(s)
Heating: Electric
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Fencing: Block
Landscaping: Yrd Wtring Sys Front; Yrd Wtring Sys Back
Lockbox Type: Supra
Possession: Close of Escrow
Association Fee Incl: Common Area Maint
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Disclosures: Seller Discl Avail
Supplements
enough to have opinions about which side of the lake has the better sunset. For a buyer relocating from somewhere with a stronger sense of neighborhood than the Phoenix metro typically delivers, The Islands tends to be the first community that makes the desert feel like a real answer. This three-bedroom, 2.5-bath home at 126 S. Bay Dr. sits inside Martinique III, one of the quieter pockets of the community, and at $525,000 it's one of the more accessible entry points into a neighborhood that commands consistent buyer interest. The home was built in 1994 by Blandford Homes and has been updated in the ways that actually shift how a house feels to live in day to day. The kitchen was refreshed in 2025 with updated cabinets and epoxy counters. The flooring was updated in 2023. The bathrooms were touched in 2021. None of these are full gut renovations, but they're the right things to update, done in the right order, and what you're getting is a home that doesn't need your first year of weekends. At 2,016 square feet across two stories, the layout earns its space. The main level opens with wood-look tile throughout and vaulted ceilings that pull the eye up and make the rooms feel larger than the square footage suggests. The family room flows naturally toward the kitchen, which has a breakfast bar, a pantry, and bay windows that let in the kind of light that makes a kitchen feel like the center of the house rather than a room you pass through. In other words, someone can cook while still being part of whatever's happening around them. The main level also has a den large enough to function as a real home office, an inside laundry area, and a powder room for guests. Upstairs, all three bedrooms are actual bedrooms with doors that close. The primary suite is the largest of the three and has a walk-in closet that's genuinely roomy, not a real estate technicality. The primary bathroom has double sinks, a separate tub and shower, and the kind of layout that makes getting ready in the morning feel less like a negotiation. The two secondary bedrooms share the full hall bath, and the arrangement gives everyone on the upper level reasonable breathing room. The home sits on 5,780 square feet of lot, fully fenced with block walls and front and back irrigation already in place. There's a covered patio off the back. The 2.5-car garage gives you two vehicles and actual usable storage. The home also has a water softener owned and included, which is the kind of detail that doesn't make headlines but matters every single day in Arizona. If you've been searching the East Valley and keep coming back to Gilbert, this is the neighborhood that tends to answer the question of why. If you're relocating and want a community with an actual pulse rather than a subdivision that happens to have a name, The Islands delivers that in a way that's genuinely rare in the Phoenix metro. This home is right for a buyer who wants to land in a neighborhood people are proud of, at a price point that makes the math work today, in a community that's going to keep being desirable long after the move-in boxes are unpacked.

IDX
Listing Office: Keller Williams Realty Sonoran Living

Last Updated: April - 10 - 2026

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