1402 E Coral Cove Drive, Gilbert, AZ 85234

$3,400,000
8
BD
7.5
BA
11,705
SqFt
List Price
$3,400,000
Days on Market
146
Status
ACTIVE
MLS#
6719083
City
Gilbert
Bedrooms
8
Bathrooms
7.5
Living SQFT
11,705
Lot Size
21,597
Subdivision
West Lake Estates
Year Built
2001
Type
Single Family - Detached

Property Description

Magnificent lakefront 2-story basement estate on rare Peninsular lot w/approx 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.

Additional Information

Elementary School
Val Vista Lakes Elementary School
High School
Gilbert High School
Middle School
Greenfield Junior High School
School District
Gilbert Unified District
Acres
0.50
Architecture
Santa Barbara/Tuscan
Assoc Fee Includes
Maintenance Grounds, Street Maint
Hoa Fee
$126
Hoa Fee Frequency
Monthly
Hoa
Yes
Hoa Name
Val Vista Lakes
Basement Description
Finished, Full
Builder Name
Palmer-Hart Building
Community
Val Vista Lakes
Community Features
Gated Community, Pickleball Court(s), Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Lake Subdivision, Tennis Court(s), Racquetball, Playground, Biking/Walking Path, Clubhouse, Fitness Center
Construction
Painted, Stucco, Frame - Wood
Cooling
See Remarks, Refrigeration, Ceiling Fan(s)
Exterior Features
Balcony, Covered Patio(s), Patio, Private Street(s), Private Yard, Built-in Barbecue
Fencing
Block, Wrought Iron
Fireplace
1 Fireplace, Family Room, Gas
Flooring
Carpet, Stone, Wood
Garage Spaces
3
Heating
Electric
Living Area
11,705
Lot Size
21,597
New Financing
Conventional, VA Loan
Other Rooms
Loft, Great Room, Media Room, Family Room, Exercise/Sauna Room, Guest Qtrs-Sep Entrn
Parking Features
Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Separate Strge Area
Property Description
Waterfront Lot, Cul-De-Sac Lot, Mountain View(s)
Roofing
Tile
Sewer
Public Sewer
Pool
Yes
Spa
Heated, Private
Stories
2
Style
Detached
Subdivision
West Lake Estates
Taxes
$13,308
Tax Year
2023
Water
City Water

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Listing courtesy of Coldwell Banker Realty.

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