518 Balao Dr

3
Baths
3,029 Sq. Ft.
$267 / Sq. Ft.
3,029
Sq. Ft.
$267
per Sq. Ft.

Description

This is the home you've been looking for! Full stop. Located in the GATED community of Gateway at Sonoran Preserve, this newer home has so many upgrades we can't list them all. A few of the best? TWO family rooms, PRIVATE HEATED POOL, GOURMET KITCHEN, 3-CAR GARAGE, and... You can walk out of the neighborhood and access the SONORAN DESERT PRESERVE! That's right! Walk out your front door and hike/bike for miles. Plus, NORTH GATEWAY is just down the street with new RESTAURANTS/RETAIL under construction...This is the home you've been looking for! Full stop. Located in the GATED community of Gateway at Sonoran Preserve, this newer home has so many upgrades we can't list them all. A few of the best? TWO family rooms, PRIVATE HEATED POOL, GOURMET KITCHEN, 3-CAR GARAGE, and... You can walk out of the neighborhood and access the SONORAN DESERT PRESERVE! That's right! Walk out your front door and hike/bike for miles. Plus, NORTH GATEWAY is just down the street with new RESTAURANTS/RETAIL under construction as we speak! This is a HUGE OPPORTUNITY to live in a wonderful community with great neighbors! One more thing. You'll get to see those famous hot air balloons almost daily from your BACKYARD! Run, don't walk, to this beautiful move-in ready home surrounded by breathtaking VIEWS!
  1. Listed by Laurie Cato • Brokerage DRE #LC639798016 • Berkshire Hathaway HomeServices Arizona Properties
    P: (623)-551-8040 C: (410)-829-4690 lauriecatorealestate@gmail.com

Property Details for 518 Balao Drive

Subdivision Name
GATEWAY AT SONORAN PRESERVE
View
Mountain(s)
View YN
Yes
LISTING UPDATED: 07/08/2025 11:50 AM

Property Details for 518 Balao Drive

StatusClosed
MLS #6809122
Days on Market129
Taxes$2,904 / year
HOA Fees$1,668 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2019
Lot Size0.14 AC / 6,043 SF
CountyMaricopa County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Arizona Properties

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Building Information for 518 Balao Drive

Stories2Year Built2019Building Size-Lot Size0.14 AC / 6,043 SF

Payment Calculator

$4,329 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,948

Property Taxes

$242

HOA Dues

$139

The Payment Calculator is for illustrative purposes only.

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Property Information for 518 Balao Drive

Summary
Location and General Information
  • Unparsed Address: 518 E BALAO Drive, Phoenix, AZ 85085
  • City: Phoenix
  • Coordinates: -112.067289, 33.766985
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: Dove Valley Road and 7th Street
  • Directions: From I-17, East on Dove Valley Road, Right on 7th Street, Right on E Chaparosa Way into gate, Left on N 5th Street, Left on E Balao, house is on the left.
  • Latitude: 33.766985
  • Longitude: -112.067289
  • Postal City: Phoenix
  • Postal Code: 85085
  • Postal Code Plus4: 7251
  • State Or Province: AZ
  • Street Suffix: Drive
  • Year Built: 2,019
Taxes and HOA
  • Assocsp Rules Infoco Petssp OK splparen Seesp Rmrks rparen: Yes
  • Association Amenities: Management, Rental OK (See Rmks)
  • Association Fee: $139.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Grounds, Street Maint
  • Association Name: Brown Comm Mgmnt
  • Association Phone: 480-339-8008
  • Association YN: Yes
  • Tax Annual Amount: $2,904.00
  • Tax Book Number: 211.00
  • Tax Legal Description: LOT 252 GATEWAY AT SONORAN PRESERVE MCR 127441
  • Tax Lot: 252
  • Tax Map Number: 75.00
  • Tax Year: 2,024
Parking
  • Carport Spaces: 0
  • Covered Spaces: 3
  • Garage Spaces: 3
  • Garage YN: Yes
  • Open Parking Spaces: 2
  • Open Parking YN: Yes
  • Parking Features: Tandem Garage, RV Gate, Direct Access
School Information
  • Elementary School: Sonoran Foothills School
  • Elementary School District: Deer Valley Unified District
  • High School: Barry Goldwater High School
  • High School District: Deer Valley Unified District
  • Middle Or Junior School: Sonoran Foothills School
Property
Lot Information
  • Building Area Total: 3,029
  • Building Area Units: Square Feet
  • Living Area: 3029.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Lot Size Acres: 0.14
  • Lot Size Area: 6043.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6043.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Propertysp Descriptionco North Southsp Exposure: Yes
  • Builder Name: Taylor Morrison
  • Building Area Source: Assessor
  • Common Walls: No Common Walls
  • Disclosures: Seller Discl Avail
  • Documents Change Timestamp: 01-22-2025 04:59:04 PM
  • Documents Count: 2
  • Ownership: Fee Simple
  • Parcel Number: 21175255
  • Property Attached YN: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Public Survey Range: 3E
  • Public Survey Section: 20
  • Public Survey Township: 5N
Utilities
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Source: City Water
Interior and Exterior Features
Exterior Features
  • Community Features: Gated, Playground, Biking/Walking Path
  • Construction Materials: Stucco, Wood Frame, Painted
  • Fencing: Block
  • Horse YN: No
  • Pool Features: Play Pool, Heated, Private
  • Roof: Tile
  • Stories Total: 2
Interior Features
  • Bathrooms Total Decimal: 2.5
  • Kitchensp Featuresco Builthypheninsp Microwave: Yes
  • Kitchensp Featuresco Range Ovensp Gas: Yes
  • Bathrooms Total Integer: 3
  • Bedrooms Possible: 6
  • Bedrooms Total: 4
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Cooling YN: Yes
  • Fireplace Features: None
  • Fireplace YN: No
  • Flooring: Carpet, Tile
  • Heating: Natural Gas
  • Heating YN: Yes
  • Interior Features: High Speed Internet, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Spa Features: None
  • Number of Interior Levels: 2.0
Room Information
Room Information
  • Mastersp Bedroomco Split: Yes
  • Mastersp Bedroomco Upstairs: Yes
  • Othersp Roomsco Familysp Room: Yes
  • Othersp Roomsco Loft: Yes
  • Rooms Total: 0
Rental
Rent Information
  • Land Lease YN: No

Property History for 518 Balao Drive

DateEvent & SourcePriceAppreciation
Feb 28, 2025

Sold

ARMLS #6809122

$810,000—
Feb 20, 2025

Sold (Public Record)

Public Record #1552127380

$810,000

+2.3% / yr

Jan 30, 2025

In Contract

ARMLS #6809122

—
Jan 29, 2025

Pending

ARMLS #6809122

—
Jan 22, 2025

Withdrawn

ARMLS #6773476

$829,900—
Jan 22, 2025

Listed (Active)

ARMLS #6809122

$829,000—
Oct 23, 2024

Listed (Active)

ARMLS #6773476

$839,900—
Nov 30, 2021

Sold

ARMLS #6297443

$750,000—
Oct 25, 2021

Sold (Public Record)

Public Record #1477638627

$750,000

+22.0% / yr

Oct 23, 2021

Pending

ARMLS #6297443

—
Sep 27, 2021

Listed (Active)

ARMLS #6297443

$785,000—
Oct 22, 2019

Sold (Public Record)

Public Record #656067338

$503,036—
DateEvent & SourcePrice
02/28/2025

Sold

ARMLS #6809122

$810,000
02/20/2025

Sold (Public Record)

Public Record #1552127380

$810,000

+2.3% / yr

01/30/2025

In Contract

ARMLS #6809122

—
01/29/2025

Pending

ARMLS #6809122

—
01/22/2025

Withdrawn

ARMLS #6773476

$829,900
01/22/2025

Listed (Active)

ARMLS #6809122

$829,000
10/23/2024

Listed (Active)

ARMLS #6773476

$839,900
11/30/2021

Sold

ARMLS #6297443

$750,000
10/25/2021

Sold (Public Record)

Public Record #1477638627

$750,000

+22.0% / yr

10/23/2021

Pending

ARMLS #6297443

—
09/27/2021

Listed (Active)

ARMLS #6297443

$785,000
10/22/2019

Sold (Public Record)

Public Record #656067338

$503,036

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 518 Balao Drive

Taxable ValueLand-Additions-Total-
Tax Record2025$2,934 ($245 / month)
Home Facts
Beds0Total Finished SqFt3,029 SqFtAbove Grade Finished SqFt3,029 SqFtStories2Lot Size6,043 SqFtStyleSingle Family ResidenceYear Built2019ZoningR1-10CountyMARICOPAAPN211-75-255

Schools near 518 Balao Drive

This home is within Deer Valley Unified District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 7 to 12
Public - K to 12
Public - PK to 12
Rating
School
Distance
Sonoran Foothills
PublicPK to 8

Barry Goldwater High School
Public7 to 12

Aspire Deer Valley's Online Academy
PublicK to 12

Vista Peak
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Berkshire Hathaway HomeServices Arizona Properties

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.