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1402 E Coral Cove Drive

Gilbert, AZ 85234
  • $3,500,000
  • STATUS: Active
  • ON SITE: 400 Days
  • MLS #: 6719083
$3,500,000
  • 8
    BEDS
  • 0.5
    ACRES
  • 7
    BATHS
  • 1
    1/2 BATHS
  • 11,705
    SQFT
  • $299
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2001
County:
Area:

School Information

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.

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Pamela Vega Homes | HomeSmart. Data last updated 2025-07-20T00:12:50.253.
www.pamelavegahomes.com/homes/151663023
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1402 E Coral Cove Drive Gilbert, AZ 85234

  • Price: $3,500,000
  • Status: Active
  • On Site: 400 Days
  • MLS #: 6719083
8
Beds
7
Baths
1
½ Baths
0.5
Acres
11,705
SQFT
$299
$/SQFT
2001
Built
Neighborhood:
West Lake Estates
County:
Maricopa
Area:
Gilbert
Elementary School:
Val Vista Lakes Elementary School
Middle School:
Greenfield Junior High School
High School:
Gilbert High School
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.
Exterior Features

Architectural Style Santa Barbara/Tuscan Attached Garage YN No Carport Spaces 0 Construction Materials StuccoWood FramePainted Covered Spaces 3 Exterior Features BalconyPrivate Street(s)Private YardBuilt-in Barbecue Fencing BlockWrought Iron Horse Amenities [] Horse YN No Lot Features Waterfront LotCul-De-SacSynthetic Grass FrntSynthetic Grass BackAuto Timer H2O FrontAuto Timer H2O BackIrrigation FrontIrrigation Back Open Parking Spaces 4 Other Structures [] Parking Features Garage Door OpenerExtended Length GarageDirect AccessOver Height GarageSeparate Strge Area Pool Features HeatedPrivate Road Responsibility Private Maintained Road Roof Tile Spa Features HeatedPrivate View Mountain(s)

Interior Features

Additional Bedroom Walk In Closet Yes Basement FinishedFull Basement YN Yes Bedroom Downstairs Yes Bedroom Split Yes Bedrooms Plus 10 Common Walls [] Cooling Central AirCeiling Fan(s)See Remarks Cooling YN Yes Exercise Sauna Room Yes Family Room Yes Fireplace Features 1 FireplaceFamily RoomGas Fireplace YN Yes Formal Dining Yes Great Room Yes Guest Qtrs Separate Entrance Yes Heating Electric Heating YN Yes Interior Features Double VanityUpstairsBreakfast Bar9+ Flat CeilingsCentral VacuumWet BarKitchen IslandBidetFull Bth Master BdrmSeparate Shwr & TubTub with Jets Laundry Features OtherSee Remarks Loft Yes Master Bedroom Upstairs Yes Master Bedroom Walk In Closet Yes Media Room Yes Plumbing Electric Hot Water Heater Yes Plumbing Recirculation Pump Yes Plumbing Tankless Hot Water Heat Yes Separate Bedroom Exit Yes Separate Den Office YN Yes Walk In Pantry Yes Window Features Low-Emissivity WindowsDual PaneVinyl Frame

Property Features

Accessibility Features [] Association Fee 126 Association Fee Frequency Monthly Association Fee Includes Maintenance GroundsStreet Maint Association Fee2 1677.5 Association Fee2 Frequency Annually Association YN Yes Auction No Builder Name Palmer-Hart Building Cap Improvement Impact Fee2 1000 Capmprovement Impact Fee 0 Community Features RacquetballPickleballLakeGatedCommunity SpaCommunity Spa HtdCommunity Pool HtdCommunity PoolTennis Court(s)PlaygroundBiking/Walking PathFitness Center Current Financing [] Disclosures Agency Discl ReqSeller Discl Avail Flooring CarpetStoneWood Green Energy Efficient Solar PanelsMulti-Zones Green Water Conservation Tankless Ht Wtr HeatRecirculation Pump Land Lease YN No Listing Terms CashConventionalVA Loan Other Fees HOA 0 Ownership Fee Simple Ownership Fractional YN No PADFee YN2 No Possible Use None Prepaid Association Fees HOA 0 Property Attached YN No Property Condition [] Property Sub Type Single Family Residence Rec Center Fee YN No Rec Center Fee2 YN No Security Features Fire Sprinkler SystemSecurity System Owned Sewer Public Sewer Special Assessment HOA No Special Listing Conditions N/A Special Listing Conditions None Yes Tax Annual Amount 13308 Tax Year 2023 Total Monthly Fee 265.79 Utilities [] Water Source City Water Waterfront YN Yes

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Pamela Vega Homes | HomeSmart. Data last updated 2025-07-20T00:12:50.253.
 
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