1138 E LIBERTY SHORES Drive, Gilbert, AZ 85234 (MLS# 6850712)

1138 E LIBERTY SHORES Drive, Gilbert, AZ 85234

$500,000

Property Type: Residential Bedrooms: 4 Baths: 2.5 Square Footage: 1,536 Lot Size (sq. ft.): 3,646 Status: Active

Current Price: $500,000 List Date: 4/30/2025 Last Modified: 5/05/2025

Description

Turnkey STR in prime Gilbert location! 1138 E Liberty Shores Dr is a 4 bed, 2.5 bath home generating approx. $65K/year in gross income, around 7% cap rate. Situated on a corner lot across from a park and walking path, with access to a community pool. Recent upgrades: roof (2021), A/C (2019), energy-efficient water heater, blown-in insulation, windows (2022), and exterior paint (2023). Inside features smart thermostats, new carpet, updated kitchen, and epoxied garage. Tech upgrades include Bluetooth door lock and exterior camera. Backyard with turf and pavers is ideal for guests. Double car garage adds convenience. Additional Bonus Features: Solar, EV Charger 240volts, Irrigation Controller for Fruit Trees. Sold Furnished. Professionally managed and ready to go!

More Information MLS# 6850712

Contract Information

Status Change Date: 2025-04-30 List Price: $500,000 Status: Active Current Price: $500,000 List Date: 2025-04-12 Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No

Location Tax Legal

House Number: 1138 Compass: E Street Name: LIBERTY SHORES St Suffix: Drive City/Town Code: Gilbert State/Province: AZ Zip Code: 85234 Zip4: 6031 Country: US County Code: Maricopa Assessor Number: 309-01-011 Subdivision: HERITAGE COVE AT WIND DRIFT LOT 1-73 TR A-G Tax Year: 2024

General Property Description

Dwelling Type: Single Family Residence Dwelling Styles: Detached Exterior Stories: 2 # of Interior Levels: 2 # Bedrooms: 4 # Bathrooms: 2.5 Approx SQFT: 1536 Price/SqFt: 325.52 Horses: N Builder Name: Weyerhaesuer Year Built: 1991 Approx Lot SqFt: 3646 Approx Lot Acres: 0.084 Pool: Community Only Elementary School District: Gilbert Unified District High School District: Gilbert Unified District Elementary School: Sonoma Ranch Elementary School Jr. High School: Greenfield Junior High School High School: Gilbert High School

Remarks Misc

Cross Street: Lindsay & Elliot Directions: East on Elliot, North on Lakeview, right on Lakeview Dr, right on Heritage Cove subdivision, left on Liberty Shores to property on right. Geo Lat: 33.356481 Geo Lon: -111.765008

Legal Info

Township: 1S Range: 6E Section: 8 Lot Number: 11

Association Fees

Association Fee 2: 52.8

Basement

Basement Y/N: N

Items Updated

Floor Yr Updated: 2022 Roof Yr Updated: 2022

Parking Spaces

Garage Spaces: 2 Slab Parking Spaces: 2 Total Covered Spaces: 2

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm; Double Vanity Master Bedroom: Upstairs Fireplace Features: No Fireplace Pool Features: No Pool Spa: None Community Features: Community Pool Dining Area: Formal Kitchen Features: Kitchen Island Laundry: Washer Included; Dryer Included; In Garage Other Rooms: Family Room Features: Furnished(See Rmrks) Construction: Wood Frame Const - Finish: Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Electric Utilities: SRP Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Landscaping: Gravel/Stone Front Showing Notification Methods: Text Lockbox Type: Other Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Conventional New Financing: Cash; VA; FHA; Conventional Disclosures: None

Listing Office: eXp Realty

Last Updated: May - 05 - 2025