$3,400,000
1402 E CORAL COVE Drive
Gilbert, AZ 85234
MLS# 6719083
8 beds  |  7.5 baths


1402 E CORAL COVE Drive, Gilbert, AZ 85234
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Property Description
Magnificent lakefront 2-story Tuscan mansion on rare Peninsular lot w/approx 239' of lakefront nestled on a cul-de-sac in prestigious, gated, West Lake Estates of the Val Vista Lakes water-wonderland Community. More than 2,000sf of beautifully finished basement boasting living quarters, wet bar, wine cellar & gym; a bright upper level attached full Guest Quarters w/sep. entrances & nearly new OWNED solar, combine thoughtful design with superior function, energy efficiency & a flowing floor plan for easy living & entertaining. Timeless architecture, stunning water views & mountain vistas unite to afford a lifestyle second to none. Lavish community amenities abound in an optimally convenient location near shopping, dining & easy highway access mere minutes to airport! (MUST SEE SUPPLEMENT)

Details
Maps
Contract Information
Status Change Date: 2024-06-13
List Price: $3,400,000
Status: Active
Current Price: $3,400,000
List Date: 2024-06-13
Type: ER
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: N
Location, Tax & Legal
House Number: 1402
Compass: E
Street Name: CORAL COVE
St Suffix: Drive
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85234
Zip4: 2600
Country: USA
County Code: Maricopa
Assessor's Map #: 96
Assessor's Parcel #: 103
Assessor Number: 304-96-103
Legal Description (Abbrev): LOT 10 WEST LAKE ESTATES MCR 028712
Subdivision: WEST LAKE ESTATES
Tax Municipality: Gilbert
Taxes: 13308
Tax Year: 2023
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 8
# Bathrooms: 7.5
Approx SQFT: 11319
Price/SqFt: 300.38
Horses: N
Builder Name: Palmer-Hart Building
Year Built: 2001
Approx Lot SqFt: 21597
Approx Lot Acres: 0.496
Pool: Community Only
Planned Comm Name: Val Vista Lakes
Marketing Name: West Lake Estates
Elementary School: Val Vista Lakes Elementary School
Jr. High School: Greenfield Junior High School
High School: Gilbert High School
Elementary School District: Gilbert Unified District
High School District: Gilbert Unified District
Remarks & Misc
Cross Street: Val Vista & Baseline
Directions: South on Val Vista from Baseline, west on Coral Cove through Gated entrance to home
Geo Lat: 33.374724
Geo Lon: -111.7588
Legal Info
Township: 1S
Range: 6E
Section: 5
Lot Number: 10
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: No
HOA Transfer Fee: 155
HOA Fee: 126
HOA Paid Frequency: Monthly
HOA Name: Val Vista Lakes
HOA Telephone: 480-926-9693
HOA Management Company: First Service Res
HOA Management Phone: 480-552-4300
Special Assessment HOA: No
HOA 2 Y/N: Y
HOA 2 Transfer Fee: 100
Association Fee 2: 1677.5
Association Fee 2 Frequency: Annually
HOA 2 Name: West Lake Estates
HOA 2 Telephone: 480-635-1133
HOA Management Company 2: GUD Property Mgt
HOA Management Phone 2: 480-635-1133
Special Assessment HOA 2: No
HOA 3 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2: 1000
Cap Improvement/Impact Fee 2 $/%: $
Disclosure Fees HOA: 245
Disclosure Fees HOA 2: 300
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 265.79
Basement
Basement Y/N: Y
Separate Den/Office
Sep Den/Office Y/N: Y
Items Updated
Floor Yr Updated: 2024
Floor Partial/Full: Partial
Parking Spaces
Garage Spaces: 3
Slab Parking Spaces: 4
Total Covered Spaces: 3
Solar Panels
Ownership: Owned Outright
Grid: On
Showing Notification Methods
Showing Service: Aligned Showings
Contact Info
List Agent Home Phn: 520-549-8855
Property Features
Special Listing Cond: FIRPTA may apply
Architecture: Santa Barbara/Tuscan
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Sinks; Private Toilet Room; Tub with Jets; Bidet
Master Bedroom: Upstairs
Additional Bedroom: Other Bedroom Split; Other Bedroom Downstairs; Separate Bedroom Exit; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet; Master Bedroom Sitting Room
Fireplace: 1 Fireplace; Fireplace Family Rm; Gas Fireplace
Flooring: Carpet; Stone; Wood
Windows: Dual Pane; Low-E; Vinyl Frame
Pool Features: No Pool
Spa: None
Community Features: Biking/Walking Path; Children's Playgrnd; Clubhouse/Rec Room; Comm Tennis Court(s); Community Pool; Community Pool Htd; Community Spa; Community Spa Htd; Gated Community; Handball/Racquetball; Lake Subdivision; Pickleball Court(s); Workout Facility
Dining Area: Formal; Breakfast Bar; Dining in LR/GR
Kitchen Features: Cook Top Gas; Disposal; Dishwasher; Wall Oven(s); Multiple Ovens; Walk-in Pantry; Non-laminate Counter; Kitchen Island
Laundry: Wshr/Dry HookUp Only; Upstairs Laundry; Other; See Remarks
Basement Description: Finished
Other Rooms: Family Room; Great Room; Loft; Guest Qtrs-Sep Entrn; Exercise/Sauna Room; Media Room
Features: Central Vacuum; Wet Bar; Fire Sprinklers; Water Softener Owned
Technology: Cable TV Avail; Security Sys Owned
Exterior Features: Balcony; Built-in BBQ; Covered Patio(s); Private Street(s); Pvt Yrd(s)/Crtyrd(s)
Parking Features: Dir Entry frm Garage; Over Height Garage; Separate Strge Area
Road Responsibility: Private Maintained Road
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Tile
Cooling: Refrigeration; Ceiling Fan(s); See Remarks
Heating: Electric
Plumbing: Recirculation Pump; Electric Hot Wtr Htr
Energy/Green Feature: Solar Panels; Multi-Zones
Utilities: SRP
Water: City Water
Sewer: Sewer - Public
Fencing: Wrought Iron; Block
Property Description: Waterfront Lot; Cul-De-Sac Lot; Mountain View(s)
Landscaping: Grass Front; Synthetic Grass Back; Auto Timer H2O Front; Auto Timer H2O Back; Irrigation Front; Irrigation Back
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Possession: Close of Escrow
Association Fee Incl: Common Area Maint; Street Maint
Assoc Rules/Info: Pets OK (See Rmrks); No Visible Truck Trailer RV Boat; Rental OK (See Rmks); Clubhouse/Rec Center; FHA Approved Prjct; Prof Managed
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; Conventional; 1031 Exchange
Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: Coldwell Banker Realty

Last Updated: June - 14 - 2024

1402 E CORAL COVE Drive, Gilbert, AZ 85234 - MLS# 6719083
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