Lago Estancia – Gilbert
One of Gilbert’s smaller lakefront communities with approximately 100 waterfront homes, Lago Estancia is unique from other waterfront communities with the walking paths next to the shoreline. Many of the homes that back up to the lake have a view fence separating the backyard from the water, which is ideal for families with small children that want the security of a fenced backyard but also enjoy the ambiance and serenity that a lakefront property offers.
Homes in Lago Estancia were built between 1992 and 1996, by builders which include Pulte, UDC, Magee, and Lennar. Because each builder offered different floor plans, there is a variety of homes available with a range of liveable space from 1,479 sq.ft to over 3,000 sq.ft. For 2008, the sales prices have been between $177,00 and $306,000. The subdivision does not have a community pool or club house, and the monthly HOA fees are a reasonable $45/month. Residents of Lago Estancia attend Gilbert Elementary, Mesquite Jr. High, and Mesquite High School.
Lago Estancia is about 3.5 miles south of the US60 and 3.5 miles north of the new 202 freeway. The historical district of Gilbert is only 1 mile to the east and as I’ve mentioned in previous posts has some excellent dining (Award winning Joe’s Real Barbeque) and the popular Hale Centre Theatre. Lifetime Fitness is less than 2 miles away.
The walking paths that follow the waterfront along much of the shoreline give Lago Estancia a close knit feel and allows all the residents to enjoy peaceful walks along the water. While this Gilbert waterfront community may not get the publicity of other subdivisions such as The Islands and Val Vista Lakes, it definitely has it’s own charm and character.