tomo logo

$3,400,000

Beds
8
Baths
7.5
sq ft
11,705

1402 E Coral Cove Dr, Gilbert, AZ 85234

1402 E Coral Cove Dr

Gilbert, AZ 85234

  • 157 days on market
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. Washers and Dryers in both Laundry Rooms convey. 10. Refrigerators in Kitchen, Guest Quarters and Lower Level Kitchenette convey. 11. Landscape remodeled in 2021. 12. Primary Bedroom wired for electric window coverings. Original home Interior Designer informed Owners that there is wiring for electric blinds in Primary Bedroom. 13. Vivint Home Security: Currently controls door cam, doors, motion detector, and thermostat (only 1 thermostat is controlled by Vivint but more can be added). Other areas can be added, like windows and more motion detectors. Owners can add multiple users with unique codes to arm and disarm. An effective date and an expiration date can be set for the code to be active. All controls can be operated remotely (Door cam has a mic and speaker. We can hear and we can speak. 14. Smart Garage Door Openers. The doors openers have motion detector, webcams, and night vision controlled by buttons on interior wall, keypad on exterior wall, phone app 15. 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. 16. StreamLabs Water Monitoring system: Tracks the amount of water flowing into the home. Alerts Owner if water left running. Has auto-shutoff feature for water running for a pre-set amount of volume per minute. Can help budget water bill by tracking water flow in real time. Can reduce water bill by raising awareness of water usage. May reduce home owner insurance premiums. May decrease degree of damage caused if inconspicuous slow leak. Buyer to verify all statements and inspect any items of material interest.

Details

Property type

Single Family Residence

Lot size

0.5 acres

Price per sq ft

$291

Year built

2001

Annual property taxes

$13,308

Monthly HOA fee

$126

Price History

09/19/2024
ArizonaRegional

ArizonaRegional #6719083

Listed
$3,400,000
07/20/2024
ArizonaRegional

ArizonaRegional #6719083

Removed
$3,400,000
06/14/2024
ArizonaRegional

ArizonaRegional #6719083

Listed
$3,400,000

Schools & Community

Neighborhood: 

Val Vista Lakes

Elementary school: 

Val Vista Lakes Elementary School

Middle school: 

Greenfield Junior High School

High school: 

Gilbert High School

Community features: 

Gated, Tennis Court(s), Racquetball, Playground, Clubhouse, Fitness Center

High school district: 

Gilbert Unified District

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1401 E Coral Cove Dr, Gilbert, AZ 85234

Status: Active

Tomo last checked: 11/18/2024 at 10:15 PM

Listing updated: 11/14/2024 at 4:10 PM

Listed by: Melinda K Bacon, Coldwell Banker Realty Phone #: (480) 834-9131

MLS: ArizonaRegional #6719083

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