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.
For sale
Price increase: $100K (3/27)
$3,500,000
1402 E Coral Cove Dr, Gilbert, AZ 85234
8beds
7baths
11,705sqft
Est.:
Single Family Residence
Built in 2001
0.5 Acres Lot
$-- Zestimate®
$299/sqft
$266/mo HOA
What's special
Flowing floor planFinished basementStunning water viewsMountain vistasCul-de-sac lotNearly new roofDumb waiter in kitchen
- 279 days
- on Zillow |
- 2,333 |
- 88 |
Zillow last checked: 7 hours ago
Listing updated: April 10, 2025 at 06:32pm
Listed by:
Melinda K Bacon 520-549-8855,
Coldwell Banker Realty,
Kevin Mayer 623-451-3369,
Coldwell Banker Realty
Source: ARMLS,MLS#: 6719083

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7.5
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s), See Remarks
Appliances
- Included: Water Purifier
- Laundry: Other, See Remarks
Features
- Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Wet Bar, Kitchen Island, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Carpet, Stone, Wood
- Windows: Low Emissivity Windows, Double Pane Windows, Vinyl Frame
- Basement: Finished,Full
- Number of fireplaces: 1
- Fireplace features: 1 Fireplace, Family Room, Gas
Interior area
- Total structure area: 11,705
- Total interior livable area: 11,705 sqft
Video & virtual tour
Property
Parking
- Total spaces: 7
- Parking features: Garage Door Opener, Extended Length Garage, Direct Access, Over Height Garage, Storage
- Garage spaces: 3
- Uncovered spaces: 4
Features
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Balcony, Private Street(s), Private Yard, Built-in Barbecue
- Has private pool: Yes
- Pool features: Heated, Private
- Has spa: Yes
- Spa features: Heated, Private, Bath
- Fencing: Block,Wrought Iron
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: Waterfront
Lot
- Size: 0.5 Acres
- Features: Waterfront, Cul-De-Sac, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
Details
- Parcel number: 30496103
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Santa Barbara/Tuscan
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile
Condition
- Year built: 2001
Details
- Builder name: Palmer-Hart Building
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Green energy
- Energy efficient items: Solar Panels, Multi-Zones
- Water conservation: Tankless Ht Wtr Heat, Recirculation Pump
Community & HOA
Community
- Features: Racquetball, Pickleball, Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
- Security: Fire Sprinkler System, Security System Owned
- Subdivision: WEST LAKE ESTATES
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, FHA Approved Prjct, Management, Rental OK (See Rmks)
- Services included: Maintenance Grounds, Street Maint
- HOA fee: $126 monthly
- HOA name: Val Vista Lakes
- HOA phone: 480-926-9693
- Second HOA fee: $1,678 annually
- Second HOA name: West Lake Estates
- Second HOA phone: 480-635-1133
Location
- Region: Gilbert
Financial & listing details
- Price per square foot: $299/sqft
- Tax assessed value: $2,063,200
- Annual tax amount: $13,308
- Date on market: 8/13/2024
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
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