The Islands, Gilbert, AZ, Real Estate

The Islands in Gilbert, Arizona, is a distinctive master-planned community centered around three man-made lakes spanning 80 acres, offering a unique waterfront lifestyle in the heart of the Sonoran Desert. Located near the intersection of Cooper Road and Warner Road, this neighborhood blends suburban charm with resort-style living, featuring a mix of single-family homes, townhouses, and apartments, many with lakefront views or private docks. Residents enjoy a variety of amenities, including Islands Community Park with its basketball and sand volleyball courts, playground, and community dock, as well as 30 acres of lush green spaces for picnics and recreation. The community is split between the Gilbert Public Schools district in the north and the Chandler Unified School District in the south, with Islands Elementary School conveniently located within the neighborhood. Just minutes from downtown Gilbert’s Heritage District and Chandler’s shopping and dining options, The Islands provides a serene yet connected lifestyle, enhanced by community events like movies in the park and a low HOA fee that maintains its well-kept aesthetic.

The Islands currently has 32 single family homes for sale with an average list price of $741,465.59 and 2 townhouses for sale with an average list price of $494,950. The average annual property tax for The Islands is $2,249.25.

Current Homes for Sale

Schools

School District Level Grades
Chandler Traditional Academy - Liberty Campus Chandler Unified District Elementary PK, KG-6
Desert Mountain Elementary Queen Creek Unified District Elementary PK, KG-6
Gila Bend Elementary Gila Bend Unified District Elementary PK, KG-8
Gilbert Elementary School Gilbert Unified District Elementary PK, KG-6
Islands Elementary School Gilbert Unified District Elementary PK, KG-6
Mesquite Elementary School Gilbert Unified District Elementary K-6
Quartz Hill Elementary Gilbert Unified District Elementary PK, KG-6
Riggs Elementary Chandler Unified District Elementary PK, KG-6
Sanborn Elementary School Chandler Unified District Elementary PK, KG-6
Santa Cruz Elementary School Maricopa Unified School District Elementary PK, KG-6
Shumway Elementary School Chandler Unified District Elementary PK-6
Arizona College Prep Middle School Chandler Unified District Middle 6-8
Desert Wind Middle School Maricopa Unified School District Middle 6-8
Gilbert High School Gilbert Unified District Middle 7-12
Mesquite Junior High School Gilbert Unified District Middle 7-8
South Valley Junior High School Gilbert Unified District Middle 7-8
Willis Junior High School Chandler Unified District Middle 7-8
Campo Verde High School Gilbert Unified District High 8-12
Chandler High School Chandler Unified District High 8-12
Hamilton High School Chandler Unified District High 8-12
Mesa High School Mesa Unified District High 9-12
Mesquite High School Gilbert Unified District High 8-12
Williams Field High School Higley Unified District High 8-12
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Schools

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What's Hot & What Not

Absorption Report Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in The Islands, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions

Subdivisions Median Price
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Artemina at The Islands

Artemina at The Islands is a single-family home community in the The Islands neighborhood of Gilbert, Arizona, built between 2001 and 2004. It currently has 3 single family homes for sale with an average list price of $903,329.67. The homes range in size from 1,215 ft2 to 4,317 ft2. The HOA fees range from $85 to $800 per month. The average annual property tax for Artemina at The Islands is $3,511.85. It is located in Maricopa County. ... Read more
Median Price: $737,000
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Bayview 2 at The Islands

Bayview 2 at The Islands is a single-family home community in the The Islands neighborhood of Gilbert, Arizona, built between 1987 and 1993. It currently has 2 single family homes for sale with an average list price of $609,500. The homes range in size from 1,812 ft2 to 2,836 ft2. The HOA fees range from $71 to $404 per month. The average annual property tax for Bayview 2 at The Islands is $2,237.57. It is located in Maricopa County. ... Read more
Median Price: $675,000
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Bayview at The Islands

Bayview at The Islands is a single-family home community in the The Islands neighborhood of Gilbert, Arizona, built between 1986 and 1989. It currently has no homes for sale. The homes range in size from 1,846 ft2 to 2,960 ft2. The HOA fees range from $249 to $383 per month. The average annual property tax for Bayview at The Islands is $2,319.94. It is located in Maricopa County. ... Read more
Median Price: $614,500
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Catalina Bay at The Islands

Catalina Bay at The Islands is a single-family home community in the The Islands neighborhood of Gilbert, Arizona, built between 1992 and 1994. It currently has 6 single family homes for sale with an average list price of $1,034,666.67. The homes range in size from 2,104 ft2 to 4,250 ft2. The HOA fees range from $23 to $630 per month. The average annual property tax for Catalina Bay at The Islands is $3,606.55. It is located in Maricopa County. ... Read more
Median Price: $890,000
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Charter Point at The Islands

Charter Point at The Islands is a single-family home community in the The Islands neighborhood of Gilbert, Arizona, built between 1987 and 1990. It currently has no homes for sale. The homes range in size from 1,566 ft2 to 2,496 ft2. The HOA fees range from $130 to $347 per month. The average annual property tax for Charter Point at The Islands is $1,790.31. It is located in Maricopa County. ... Read more
Median Price: $477,500
Show all 27 Subdivisions

Subdivisions

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Market Trends

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Real Estate News

Homes Just Sold in The Islands: August 26th to September 1st

Homes Just Sold in The Islands: August 26th to September 1st - September 2, 2025

The Islands had 2 sales during the week of Tuesday, August 26 to Monday, September 1, including including 1 single family home for sale with a list price of $464,500 ... continue reading
New Homes For Sale This Week in The Islands: August 22nd to August 28th

New Homes For Sale This Week in The Islands: August 22nd to August 28th - August 29, 2025

The Islands had only 1 new home for sale during the week of Friday, August 22 to Thursday, August 28, including and it was a townhouse for sale with a ... continue reading
Homes Just Sold in The Islands: August 19th to August 25th

Homes Just Sold in The Islands: August 19th to August 25th - August 26, 2025

The Islands had 4 sales during the week of Tuesday, August 19 to Monday, August 25, including including 4 single family homes for sale with an average list price of ... continue reading
New Homes For Sale This Week in The Islands: August 15th to August 21st

New Homes For Sale This Week in The Islands: August 15th to August 21st - August 22, 2025

The Islands had 3 new homes for sale during the week of Friday, August 15 to Thursday, August 21, including including 3 single family homes for sale with an average ... continue reading
Homes Just Sold in The Islands: August 12th to August 18th

Homes Just Sold in The Islands: August 12th to August 18th - August 19, 2025

The Islands had 4 sales during the week of Tuesday, August 12 to Monday, August 18, including including 4 single family homes for sale with an average list price of ... continue reading
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