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1402 E CORAL COVE Drive, Gilbert, AZ 85234

$3,400,050 (Active)
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1402 E CORAL COVE Drive, Gilbert, AZ 85234

$3,400,050
Active
est.$3,400,050/month.
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8 beds. baths. 21,597 Sqft.

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1402 E CORAL COVE Drive, Gilbert, AZ 85234

$3,400,050
Active
est.$3,400,050/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. 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.
Broker details: Coldwell Banker Realty

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

MLS Information

  • Listing: 6719083
  • Listing Last Modified: 2024-11-19

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: Breakfast Bar, Central Vacuum, Wet Bar, Kitchen Island, Bidet, Double Vanity
  • Fireplaces: 1

Exterior Features

  • Roof type: Tile
  • Lot description: Cul-De-Sac, Waterfront
  • Pool: Heated, Private
  • View: Mountain(s)

Parking

  • Garage spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Heating: Electric
Property Information

Tax Information

  • Tax Annual Amount: $13,308

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The property listing data and information set forth herein were provided to ARMLS from third party sources, including sellers, lessors and public records, and were compiled by ARMLS The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. ARMLS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
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