tomo logo

$3,500,000

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

  • 289 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. 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.

Details

Property type

Single Family Residence

Lot size

0.5 acres

Price per sq ft

$300

Year built

2001

Annual property taxes

$13,308

Monthly HOA fee

$126

Price History

03/27/2025
ArizonaRegional

ArizonaRegional #6719083

Price change
$3,500,000
+2.94%
03/21/2025
ArizonaRegional

ArizonaRegional #6719083

Listed
$3,399,999
03/04/2025
ArizonaRegional

ArizonaRegional #6719083

Pending
$3,399,999

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: 

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

High school district: 

Gilbert Unified District

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Status: Active

Tomo last checked: 03/30/2025 at 6:45 PM

Listing updated: 03/27/2025 at 2:56 PM

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

MLS: ArizonaRegional #6719083

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