Active
1402 E CORAL COVE Drive
Gilbert AZ, 85234
$3,400,000
$290.47 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/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.
6719083
MLSⓇ ID
June 14, 2024
Listed
November 6, 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
85
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
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 Huffman Davis Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 8:39 PM UTC, 11/6/2024.