Turnkey STR in prime Gilbert location! 1138 E Liberty Shores Dr is a 4 bed, 2.5 bath home generating approx. $65K/year in gross income, around 7% cap rate. Situated on a corner lot across from a park and walking path, with access to a community pool. Recent upgrades: roof (2021), A/C (2019), energy-efficient water heater, blown-in insulation, windows (2022), and exterior paint (2023). Inside features smart thermostats, new carpet, updated kitchen, and epoxied garage. Tech upgrades include Bluetooth door lock and exterior camera. Backyard with turf and pavers is ideal for guests. Double car garage adds convenience. Additional Bonus Features: Solar, EV Charger 240volts, Irrigation Controller for Fruit Trees. Sold Furnished. Professionally managed and ready to go!
Property Attributes
MLS#6850712
Type Single Family
CountyMARICOPA
City Gilbert
NeighborhoodHERITAGE COVE AT WIND DRIFT LOT 1-73 TR A-G
Zip85234
StyleResidential
Year Built1991
Taxes$ 1505
Price$ 495,000
Bedrooms 4
Full Bathrooms 2
Half Bathrooms 1
Sqr Footage1536
Lot Size0.08 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Price History
4/30/2025Listed $500,000
6/4/2025 1% - $495,000
Sewer
Public Sewer
Heating
Electric
Cooling
Central Air,Ceiling Fan(s)
Utilities
SRP
Possession
Close Of Escrow
Roof
Tile
HOA Fee
40.0
Garage Spaces
2.0
Association Fee Includes
Maintenance Grounds
Pool Features
None
Construction Materials
Stucco,Wood Frame
Year Built
1991
Township
1S
Property Subtype
Single Family Residence
Tax Year
2024
Ownership
Fee Simple
Community Features
Community Pool
Assoc Fee Paid Per
Monthly
County
Maricopa
Property Type
Residential
HOA
Yes
Subdivision Name
HERITAGE COVE AT WIND DRIFT LOT 1-73 TR A-G
Special Listing Conditions
N/A
Status
Active
Directions
East on Elliot,North on Lakeview,right on Lakeview Dr,right on Heritage Cove subdivision,left on Liberty Shores to property on right.
High School
Gilbert High School
City
Gilbert
Disclosures
None
Association Name
Heritage Cove
High School District
Gilbert Unified District
Open Parking Spaces
2.0
Lot Size Units
Square Feet
Lot Size Square Feet
3646.0
Carport Spaces
0.0
Carport Y/N
No
Spa Features
None
Elementary School
Sonoma Ranch Elementary School
Property Attached Y/N
No
Land Lease Y/N
No
Tax Annual Amount
1505.0
Home Warranty Y/N
No
Current Financing
Conventional
Middle/Junior High School
Greenfield Junior High School
Lease Renewal Y/N
No
Lease Considered Y/N
No
Rent Control Y/N
No
AssociationName2
Wind Drift
Builder Name
Weyerhaesuer
Standard Status
Active
Occupancy Type
Interim Occupant
Elementary School District
Gilbert Unified District
Tax Lot
11
MobileHomeRemainsYN
No
New Financing: Conventional
True
Senior Community
No
New Financing: FHA
True
Ttl Monthly Fee Equiv
92.8
New Financing Cash
True
New Financing: VA
True