Playa Del Rey Estates Homes with FHA New Financing

Playa Del Rey Estates Homes with FHA New Financing

Welcome to Playa Del Rey Estates, a hidden gem nestled in the heart of Gilbert, Arizona. This vibrant neighborhood offers an inviting blend of suburban charm and modern conveniences, making it the perfect place for families, professionals, and retirees alike. With its picturesque streets lined with lush trees and beautifully manicured lawns, Playa Del Rey Estates exudes a sense of community that is both warm and welcoming.

One of the standout features of this neighborhood is its proximity to local amenities. Residents enjoy easy access to a variety of shopping centers, dining options, and recreational facilities. Whether you're in the mood for a casual meal at a local café or a day of shopping at one of the nearby malls, everything you need is just a stone's throw away. For outdoor enthusiasts, the nearby parks and walking trails provide ample opportunities for hiking, biking, and enjoying the stunning Arizona sunsets.

Homes in Playa Del Rey Estates are not only beautifully designed but also accessible for first-time buyers, thanks to FHA financing options. This means you can find your dream home without breaking the bank. With a range of styles and sizes, these residences cater to diverse tastes and budgets, ensuring that everyone can find their perfect fit in this delightful community.

In Playa Del Rey Estates, you’re not just buying a home; you’re investing in a lifestyle filled with comfort, convenience, and community spirit. Come and discover the charm of this exceptional neighborhood in Gilbert, where your new beginning awaits!

Newest Playa Del Rey Estates Homes with FHA New Financing

$1,949,900
5 Beds ⋅ 4 Baths ⋅ 6985234 MLS ⋅ 4,561 SqFt.
One-time price adjustment. All offers will be reviewed. Existing furniture throughout the home is available and may be included for buyers who wish to keep it. There are only six waterski lakes in the entire Phoenix metro area; three in Gilbert, one in San Tan Valley, and two in Buckeye. Across the East Valley (Gilbert & San Tan Valley), there is currently only one home available for sale, and it is this waterfront property in Playa del Rey Estates. At Playa del Rey, residents enjoy true lakefront living with an exceptional range of recreational activities, including water skiing, jet skiing, boating, kayaking, paddleboarding, towable inflatables, and speeds up to 36 mph. In addition, the community features a second lake dedicated to catch-and-release fishing, offering a rare combination of active recreation and peaceful retreat. What truly sets Playa del Rey apart is its unmatched versatility-unlike most ski lakes designed primarily for tournament use, or other lake communities that restrict water access altogether, this is the only community in the area that fully embraces a broad, year-round waterfront lifestyle. Beyond the lakes, Playa del Rey is a gated 24/7 community with outstanding amenities, including a brand-new mini golf course with fountain features, clubhouse, basketball court, and floating dock. Residents also enjoy a full calendar of community events throughout the year, including Easter celebrations, trick-or-treating, holiday festivities, and more. The home itself is completely turnkey and was extensively remodeled between 2019 and 2020. Highlights include a gourmet kitchen designed for entertaining, spa-inspired renovated bathrooms, and a luxury Savaria elevator providing effortless multi-level access. Automated stackable Pella sliding doors create seamless indoor-outdoor living while filling the home with natural light. The layout is both functional and thoughtfully designed, featuring two en-suite bedrooms one on each level plus three additional bedrooms, a dedicated den, game and family rooms, formal living and dining spaces, and a convenient laundry chute. High ceilings, generous bedroom sizes, wide hallways, and an open flow throughout the home create a perfect balance of comfort, privacy, and effortless entertaining. Welcome home!

1455 W Heather Avenue, Gilbert
Start Your Search

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.