1402 E Coral Cove Drive, Gilbert, AZ 85234
- $3,500,000
- 8
- BD
- 7.5
- BA
- 11,705
- SqFt
- List Price
- $3,500,000
- Price Change
- ▲ $100,001 1743130261
- Days on Market
- 326
- Status
- ACTIVE
- MLS#
- 6719083
- City
- Gilbert
- Bedrooms
- 8
- Bathrooms
- 7.5
- Living SQFT
- 11,705
- Lot Size
- 21,597
- Subdivision
- West Lake Estates
- Year Built
- 2001
- Type
- Single Family Residence
Property Description
Magnificent lakefront 2-story basement estate on rare Peninsular lot w/nearly 239' (2 sides) of lakefront nestled on a cul-de-sac lot in the prestigious, gated West Lake Estates Val Vista Lakes water-wonderland Community. Approximately 8,429sf above grade & 3,276sf of beautifully finished basement w/ living quarters, wet bar/kitchenette, 720 btl wine room & gym; a bright upper level attached full Guest Quarters w/sep. entrances; nearly new roof, HVAC & OWNED solar! Thoughtful design w/ superior function, energy efficiency & a flowing floor plan for easy living & entertaining. Timeless architecture, stunning water views & mountain vistas - a lifestyle second to none. Lavish community amenities w/ convenient location to shopping, dining & easy highway access; minutes to airport! SUPPLEMENT: Amenities and updates abound in this luxurious lakefront residence! 1. Full roof replacement in 2022. Five year workmanship warranty to July 2027, transferrable before July 2027. 2. OWNED, Solar installed and activated 5/19/2023. (Solar Specifications by separate documentation) 3. 5 HVAC units controlled by thermostats; approximately 5 years old. Four of the AC units are programmable at the wall panel, which has been sufficiently functional. An update to a Vivint device is required to use with Vivint Home Security. 4. Exterior freshly painted. 5. Gas/Electric and tankless water heaters; all less than approximately 10 years old. Tankless unit is nearly new. 6. Owned Water Softener 7. Reverse Osmosis 8. TWO full Laundry Rooms for ultimate convenience. One on the Upper Level and one on Main Level, both with cabinetry, counter space and sinks. 9. Refrigerators in Kitchen, Guest Quarters and Lower Level Kitchenette convey. 10. Landscape remodeled in 2021. 11. Primary Bedroom wired for electric window coverings. Original home Interior Designer informed Owners that there is wiring for electric blinds in Primary Bedroom. 12. Vivint Home Security: Continuous cloud recording and many add-on options. 13. Smart Garage Door Openers. Motion detecting, cloud recording, and night vision controls. 14. Dumb waiter in kitchen. Original home Interior Designer informed Owners that there are dumb waiter tracks installed behind drywall that go from Kitchen to Primary room closet to Basement Kitchen. 15. StreamLabs Water Monitoring system: Tracks the amount of water flowing into the home. Alerts Owner if water left running. Has auto-shutoff feature. FURNITURE FOR SALE. Seller is willing to negotiate an additional sale of furniture that remains on the property, particularly furniture in the theater room, dining room, basement, and master bedroom. Sales of furniture in all other rooms are considered as well. All furniture are high quality, fine furniture items in very good to like-new condition. Must be handled by separate Bill of Sale. Buyer to verify all statements and inspect any items of material interest.
Additional Information
- Elementary School
- Val Vista Lakes Elementary School
- High School
- Gilbert High School
- Middle School
- Greenfield Junior High School
- School District
- Gilbert Unified District
- Acres
- 0.50
- Architecture
- Santa Barbara/Tuscan
- Assoc Fee Includes
- Maintenance Grounds, Street Maint
- Hoa Fee
- $126
- Hoa Fee Frequency
- Monthly
- Hoa
- Yes
- Hoa Name
- Val Vista Lakes
- Basement Description
- Finished, Full
- Builder Name
- Palmer-Hart Building
- Community
- Val Vista Lakes
- Community Features
- Pickleball, Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Tennis Court(s), Racquetball, Playground, Biking/Walking Path, Clubhouse, Fitness Center
- Construction
- Stucco, Wood Frame, Painted
- Cooling
- Central Air, Ceiling Fan(s), See Remarks
- Exterior Features
- Balcony, Private Street(s), Private Yard, Built-in Barbecue
- Fencing
- Block, Wrought Iron
- Fireplace
- 1 Fireplace, Family Room, Gas
- Flooring
- Carpet, Stone, Wood
- Garage Spaces
- 3
- Heating
- Electric
- Laundry
- Other, See Remarks
- Living Area
- 11,705
- Lot Size
- 21,597
- New Financing
- Cash, Conventional, VA Loan
- Other Rooms
- Loft, Great Room, Media Room, Family Room, Exercise/Sauna Room, Guest Qtrs-Sep Entrn
- Parking Features
- Garage Door Opener, Extended Length Garage, Direct Access, Over Height Garage, Separate Strge Area
- Property Description
- Waterfront Lot, Cul-De-Sac Lot, Mountain View(s)
- Roofing
- Tile
- Sewer
- Public Sewer
- Pool
- Yes
- Spa
- Heated, Private
- Stories
- 2
- Style
- Detached
- Subdivision
- West Lake Estates
- Taxes
- $13,308
- Tax Year
- 2023
- Water
- City Water
- Guest House
- Yes
Mortgage Calculator
Listing courtesy of Coldwell Banker Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.