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517 S ROCK HARBOR Drive, Gilbert, AZ, 85233

5beds
3baths
2,857sqft
$839,000
$294price/sqft
$5,049/moest. monthly cost
$201,960/yrincome needed

About This Home

Gorgeous home in prime location in Gilbert. Nestled in the Islands community surrounded by waterways and palms. 5bedroom 3bath house with one of the rooms being an attached casita w/ small kitchen area and separate private exit. Upgrades throughout. Custom bathrooms and kitchen. New appliances & fixtures, new flooring, fresh paint, new countertops and cabinets, etc. New roof as of 2026. Great backyard for entertaining or leisure with pool and patio. Close to shopping, entertainment, schools, etc. Don't miss it!

Getting Around

27
WalkingCar-Dependent
21
TransitMinimal Transit
56
BikeBikeable

Schools

9/10
Islands Elementary SchoolGrades PK-60.5 mi
6/10
Mesquite High SchoolGrades 8-120.5 mi
5/10
Mesquite Jr High SchoolGrades 6-81.3 mi

Construction

Condition

  • Year built: 1994

Materials

  • Roof: Tile
  • Construction materials: Stucco,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Range

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Pantry,Eat-in Kitchen,Full Bth Master Bdrm
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Master Bedroom
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,857
  • Total interior livable area: 2,857 sqft

Property

Details

  • Parcel number: 30230513
  • Special condition: Owner/Agent

Features

  • Stories: 2
  • Private pool: Yes
  • Pool features: Outdoor Pool
  • Spa features: None
  • Fencing: Block

Lot

  • Lot size: 9,161 sqft
  • Features: Desert Front

Parking

  • Total spaces: 3
  • Parking features: RV Gate
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Hail
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,242$50,904
Home Insurance $198$2,376
Property Taxes $307$3,684
Electricity $302$3,630
Total$5,049$60,588

Income You'd Need if You Spent...

35% on housing$173,108/yr
40% on housing$151,470/yr
45% on housing$134,640/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$294This listing

vs Other Active Listings

Avg $/sqft

ZIP 85233$245
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85233$281
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-23Price change$839,000
2026-07-04Listed for sale$849,000
2026-04-29Sold$548,000
2012-02-27Sold$250,000
2011-11-08Price change$250,000
2011-11-05Price change$254,900
2011-10-29Price change$259,900
2011-10-25Price change$265,900
2011-10-22Listed for sale$273,576
2011-10-10Pending sale$273,576
2011-06-23Price change$273,576
2011-06-10Listed for sale$286,600
2004-09-08Sold$291,900

For Sale by Agent

AgentWilliam May
BrokerageBreinholt May Realty & Investments

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