848 S 131ST Street A RARE OPPORTUNITY in Gilbert's highly sought-after WHITE FENCE FARMS! Set on OVER AN ACRE with NO HOA, HORSE PRIVILEGES, a PRIVATE DIVING POOL, and a DETACHED 1-BEDROOM GUEST HOUSE, this exceptional property delivers the space, flexibility, and lifestyle that are increasingly difficult to find in the heart of Gilbert. LIKE A 2026 NEW BUILD, the original residence was DEMOED TO THE SLAB AND COMPLETELY REBUILT. Virtually everything has been replaced--including the ROOF, DUAL HVAC SYSTEMS, ELECTRICAL, PLUMBING, WINDOWS, INSULATION, FLOORING, CABINETRY, FIXTURES, FINISHES, AND APPLIANCES. While not legally classified as new construction, nearly everything you see--and much of what you don't--is BRAND NEW. The striking exterior combines CLEAN ARCHITECTURAL LINES with natural STONE AND TI ACCENTS, complemented by MATURE SHADE TREES, NEW FRONT SOD, and an EXPANSIVE PAVER DRIVEWAY. GATED SIDE ACCESS leads directly to the rear acreage, offering exceptional flexibility for RVs, trailers, horses, recreational equipment, or future improvements. The MAIN RESIDENCE features 4 BEDROOMS AND 3.5 BATHROOMS, while the detached guest house adds another bedroom and full bath--for a combined TOTAL OF 5 BEDROOMS AND 4.5 BATHROOMS. Inside, a WARM CONTEMPORARY DESIGN blends HARDWOOD FLOORS, natural textures, and designer finishes with a bright, OPEN-CONCEPT layout connecting the kitchen, dining area, and great room. A sleek LINEAR FIREPLACE creates a dramatic focal point, while multiple sliding glass doors bring in abundant natural light and create an effortless indoor-outdoor connection. At the heart of the home, the SHOWPIECE KITCHEN features an OVERSIZED GRANITE ISLAND, sophisticated CUSTOM DEEP GRAY-GREEN CABINETRY with subtle linear detailing, STAINLESS-STEEL APPLIANCES, a slide-in electric range, STATEMENT VENT HOOD, UNDER-CABINET MICROWAVE, and DESIGNER TILE BACKSPLASH. Generous prep space and storage make the kitchen equally suited for everyday living and entertaining. The SPACIOUS PRIMARY SUITE offers DIRECT BACKYARD ACCESS and TWO WALK-IN CLOSETS. The completely redesigned bathrooms feature QUARTZ COUNTERTOPS, CUSTOM CABINETRY, DESIGNER TILE, and FRAMELESS GLASS SHOWER ENCLOSURES. The desirable SPLIT FLOOR PLAN also includes a secondary bedroom with its own EN-SUITE BATHROOM, providing added privacy and flexibility for family or guests. Step outside to a LARGE COVERED TRAVERTINE PATIO overlooking the RESURFACED DIVING POOL, complete with BRAND-NEW POOL EQUIPMENT AND DECKING. Beyond the fenced backyard lies EXPANSIVE, USABLE ACREAGE with an existing HORSE PEN and room to create the property you've envisioned--whether that means a SHOP, TACK ROOM, RV GARAGE, additional equestrian facilities, recreational space, or a combination of them all. The DETACHED 1-BEDROOM GUEST HOUSE provides MORE THAN 500 SQUARE FEET of additional living space with its own KITCHEN, LIVING AREA, BEDROOM WITH CLOSET, FULL BATH, AND LAUNDRY. It's an outstanding setup for extended family, multigenerational living, long-term guests, a private home office, or POTENTIAL RENTAL USE, subject to applicable local regulations. Adding even more peace of mind, the property includes a TWO-YEAR BUILDER WARRANTY, FIVE-YEAR WARRANTIES ON BOTH HVAC SYSTEMS, and extensive ROOF WARRANTY COVERAGE, subject to applicable terms and transfer requirements. WHITE FENCE FARMS is known for its LARGE LOTS, MATURE LANDSCAPING, EQUESTRIAN CHARACTER, and NO HOA--offering a distinctive country-estate feel while remaining just minutes from DOWNTOWN GILBERT, SANTAN VILLAGE, CHANDLER SHOPPING AND DINING, LIFE TIME, and nearby biking and recreational trails. OVER AN ACRE. NO HOA. HORSE PRIVILEGES. POOL. GUEST HOUSE. NEARLY EVERYTHING NEW. Opportunities offering this combination of LOCATION, LAND, LIFESTYLE, and FLEXIBILITY are exceptionally hard to find in Gilbert.