1402 E CORAL COVE Drive, Gilbert, AZ 85234

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1402 E CORAL COVE Drive, Gilbert, AZ 85234

$3,390,000 (Active)

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Listed by: Melinda Bacon - Coldwell Banker Realty

$$3,390,000

Active

est.$3,390,000/month.

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8 beds. baths. 21,597 Sqft.

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This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Mortgage Broker

John Piazza
New American Funding
john.piazza@nafinc.com
(630) 699-0001
NMLS# 187634
Company NMLS# 6606

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1402 E CORAL COVE Drive, Gilbert, AZ 85234

$3,390,000

Active

est.$3,390,000/month.

Start My Approval

8 beds 7.5 baths 21,597 Sq.ft.

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Property details for 1402 E CORAL COVE Drive, Gilbert, AZ 85234

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.

Broker details: Coldwell Banker Realty

Listed by: Melinda Bacon
Co-listing Broker: Coldwell Banker Realty
Co-listing Agent: Kevin Mayer

Property Description

MLS Information

Listing: 6719083
Listing Last Modified: 2025-08-29

Property Details

Standard Status: Active
Property style: Santa Barbara/Tuscan
Built in: 2001
Subdivision: WEST LAKE ESTATES
Lot size area: 21597 Square Feet

Geographic Data

County: Maricopa
MLS Area: WEST LAKE ESTATES
Directions: South on Val Vista from Baseline, west on Coral Cove through Gated entrance to home

Features

Interior Features

Flooring: Carpet, Stone, Wood
Bedrooms: 8
Full baths: 7.5
Living area: 11705
Interior Features: Double Vanity, Breakfast Bar, Central Vacuum, Wet Bar, Kitchen Island, Bidet, High Ceilings
Fireplaces: 1