Why This Neighborhood Stands Out
Waterston is one of the newer master-planned communities in south Gilbert, offering a fresh take on East Valley living with a 7-acre Central Park, multiple scenic lakes, and brand-new Tri Pointe Homes construction throughout. Divided into Waterston North, Central, and South, the community provides different price points and settings while maintaining a cohesive, well-designed feel. The Chandler Unified school district and proximity to major employment corridors make it a strong choice for families and remote workers alike
Quick Facts
Location
- Gilbert, AZ | East Valley
Zip Code(s)
- 85298
Community Type
- Master-Planned Community (3 sub-communities: North, Central, South) — New Construction
Builder(s)
- Tri Pointe Homes (primary builder across all Waterston communities
Year Established
- 2018–present (active new construction)
Price Range
- $546,000 – $1,287,000 (varies by community and plan)
Home Sizes
- 1,800 – 4,500 sq ft
Lot Sizes
- 5,000 – 10,000 sq ft
HOA Fee
- $163–$175/month | Includes parks, lakes, trails, and recreation areas
School District
- Chandler Unified School District (CUSD)
Multi-Gen Floor Plans
- Some plans include guest suites; check Tri Pointe's available floor plans
⚑ Verify: Verify current pricing, HOA fees, and school assignments at qcusd.org / gilbertschools.net / higusd.org
The Lifestyle Here
Waterston is built around its 7-acre Central Park — a beautifully designed outdoor space with multiple lakes, walking trails, playgrounds, and picnic areas that serve as the community gathering point. Because it is still relatively new, the community has an active, young energy with families settling in alongside professionals who work remotely or commute to the nearby tech and aerospace corridors.
Amenities at a Glance
- 7-acre Central Park with multiple lakes
- Extensive walking and biking trail network
- Multiple playgrounds and family gathering areas
- Scenic lakes throughout the community
- Picnic areas and shaded ramadas
- Community parks within each sub-neighborhood
- Near major employment corridors (Intel, Boeing, Lucid Motors in the area)
Schools Serving The Area
Elementary
- Robert J.C. Rice Elementary School (CUSD) — approx. 0.2 mi from Waterston North
Middle School
- Willie & Coy Payne Jr. High School (CUSD)
High School
- Perry High School (CUSD) — one of the top-ranked high schools in Arizona
Charter/Private
- Multiple within 10 min
Waterston is served by Chandler Unified School District, one of the most highly regarded school systems in Arizona. Perry High School in particular is consistently ranked among the state’s best.
For Luxury Buyers
Waterston’s upper-end offerings in Waterston Central — with lakefront-adjacent lots and the larger Tri Pointe floor plans — approach luxury territory at $1M+. Gated sections within the sub-communities add privacy for buyers who want it.
Multi-Generational Living
Tri Pointe Homes offers some floor plans with guest suites and separate living spaces that can work well for multi-generational families. Check with Tri Pointe’s sales team on available configurations — they update their plan offerings regularly.
Relocating to The Area?
Waterston is one of the cleanest, most turnkey communities in the East Valley for out-of-state buyers. Everything is new, the schools are outstanding, and the community design is modern and intentional. Easy to tour, easy to understand, easy to love.
Relocation Snapshot
- ~35 min to Phoenix Sky Harbor Airport via Loop 202
- Loop 202 access — excellent regional connectivity
- ~30 min to Downtown Scottsdale
- ~15 min to Chandler Fashion Center
- ~20 min to Phoenix-Mesa Gateway Airport
- Dignity Health Mercy Gilbert — 15 min
Current Market Snapshot
⚑ Verify: Update this section every 3-4 months. Data current as of May 2026.
Median Sale Price
- 546,000 – $1,287,000 depending on plan and phase
Price per Sq Ft
- ~$220–$280 for new construction
Days on Market
- New construction: sold by appointment | Resale: 15–30 days
Inventory
- Active new construction — phases releasing regularly
Appreciation Trend
- Strong; new community in high-demand corridor
Buyer Profile
- Young families, tech professionals, relocators, move-up buyers
Waterston is still actively building, so new construction opportunities are available alongside early resale homes. In newer communities like this, buying in earlier phases often provides the best value before pricing increases with later phases.
What's Nearby
Dining & Shopping
- SanTan Village — 10 min
- Chandler Fashion Center — 15 min
- Williams Gateway area (employment corridor) — 10 min
- Fry's, Safeway, Target — within 10 min
- Phoenix-Mesa Gateway Airport — 20 min
- Banner Gateway Medical Center — 15 min
Ready to Explore The Area?
I know Waterston well, and I have helped buyers find exactly the right home in this community. Whether you are relocating from out of state, looking for a multi-generational floor plan, or searching for the right neighborhood for your family — I would love to help.
Cheri Smith | eXp Realty
Serving Gilbert, Queen Creek & the East Valley