Active

1402 E CORAL COVE Drive

Gilbert AZ, 85234

$3,400,050


$290.48 per sqft

Active

8 Beds

8 Baths

11,705 sqft

Residential

Built in 2001

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.

6719083

MLS ID

June 14, 2024

Listed

November 21, 2024

Updated

Map

1402 E CORAL COVE Drive
Gilbert AZ, 85234

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

8


Interior Features

Upstairs, Breakfast Bar, 9 Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Fire Sprinklers, Wet Bar, Kitchen Island, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr Tub, Tub with Jets


Floor Description

Carpet, Stone, Wood


Fireplace

Yes


Fireplace Description

1 Fireplace, Family Room, Gas


Cooling

Yes


Cooling Description

See Remarks, Refrigeration, Ceiling Fan(s)


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.5 Acres


Exterior Features

Balcony, Covered Patio(s), Patio, Private Street(s), Private Yard, Built-in Barbecue


Lot Features

Waterfront Lot, Cul-De-Sac, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H 2 O Front, Auto Timer H 2 O Back, Irrigation Front, Irrigation Back


Architectual Style

Santa Barbara/Tuscan


Roof

Tile


Sewer

Public Sewer

School Information

School District

Gilbert Unified District


High School

Gilbert High School


Elementary School

Val Vista Lakes Elementary School

Other Property Details

Taxes

$13,308


Tax Frequency

Annually


Days on Market

98


Association Fee

$126


Association Fee Frequency

Monthly


Association Amenities

FHA Approved Prjct, Management, Rental OK (See Rmks)


Garage

Yes


Garage Spaces

3


Parking

Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Separate Strge Area


View

Yes


View Description

Mountain(s)


County

Maricopa


Water Source

City Water


Pool

Yes


Pool Features

Heated, Private


Waterfront

Yes

Listing History

Date

Event

Price

11/19/2024

Price change

$3,400,050

0%

Courtesy of Coldwell Banker Realty

Listing Contact: 520-549-8855 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lauren Inglese shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 8:01 PM UTC, 11/21/2024.

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