
Gilbert, AZ 85234
This Stunning Waterfront Estate represents a Prime Investment Opportunity, listed at $1,670,000—positioned well below the $1,737,905 Fair Market Value by 3%. This valuation gap provides $67,905 in Instant Equity for the buyer. Featuring a Mint Condition Rating following a comprehensive high-end renovation, this home offers a modern designer kitchen and panoramic lake views. Located in the prestigious Val Vista Lakes community, it is an ideal sanctuary for Luxury Homeowners or Discerning Investors seeking a turnkey, resort-style property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1157 N DATE PALM Drive Subject | $1,670,000* List Price | 4 | 4 | 4,122 | $422 | - |
A 1507 E TREASURE COVE Drive Sold | $1,610,000 | 3 | 4 | 3,633 | $443 | 0.4 mi |
B 1333 N CLIFFSIDE Drive Pending | $1,250,000 List Price | 4 | 5 | 4,120 | $303 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1994, the property has undergone a comprehensive high-end renovation within the last 5 years. The interior features a modern designer kitchen with premium appliances and geometric tile, updated luxury flooring, fresh paint, and contemporary fixtures throughout, meeting the criteria for mint condition and no immediate maintenance.
Situated in a private gated enclave, this estate features expansive lake frontage and panoramic water views, offering a rare resort-style living experience in Gilbert.
Residents gain exclusive access to the prestigious Val Vista Lakes clubhouse, featuring resort-style pools, tennis and pickleball courts, and a fitness center.
The 4,122-square-foot interior boasts soaring ceilings and walls of glass, creating a seamless flow between sophisticated formal spaces and casual living areas.
Built in 1994, the property may require aesthetic updates or system modernizations to align with the contemporary luxury standards expected at this price point.
While located in a desirable area, the assigned high school carries a mid-range rating, which may be a consideration for families prioritizing top-tier educational scores.
Exceptional waterfront estate located within a private gated enclave in the prestigious Val Vista Lakes community. Perfectly positioned on the water, this residence delivers a rare blend of privacy, elegance, and resort-style living in one of Gilbert's most sought-after neighborhoods. From the moment you enter, the home showcases refined living with expansive spaces, soaring ceilings, and walls of glass that frame stunning lake views. The open-concept design is both sophisticated and functional, creating a seamless flow between formal and casual living areas, ideal for entertaining at any scale. The kitchen is designed for both style and performance, featuring extensive cabinetry, generous prep space, and a layout that anchors the home while remaining connected to the main living areas and outdoor spaces. The primary suite is a true retreat, offering panoramic water views, a spacious footprint, and a spa-inspired bath complete with dual vanities, soaking tub, and separate walk-in shower. Secondary bedrooms provide flexibility for guests, executive office space, or multigenerational living. The outdoor experience is where this property truly distinguishes itself, expansive waterfront frontage, tranquil lake views, and a private setting designed for both relaxation and entertaining. Enjoy sunrise reflections over the water and evening ambiance in a setting that feels more like a resort than a residence. Residents of Val Vista Lakes enjoy exclusive access to premier amenities including a clubhouse, resort-style pools, tennis and pickleball courts, fitness center, and beautifully maintained grounds, all just minutes from upscale dining, shopping, golf, and convenient freeway access. A rare opportunity to own a true waterfront property in a gated setting, offering privacy, prestige, and an elevated Arizona lifestyle.
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades PK-6 • 0.9 mi
Grades 7-8 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 92% |
| Square foot | 4,122 | 2,075.5 | 96% |
| Lot Size | 12,972 | 6,839 | 92% |
| Price | $1.67M | $454.8K | 97% |
| Price per sq ft | $405 | $233 | 96% |
| Built year | 1994 | 1994 | 50% |
| HOA | $158 | $82 | 78% |
| Days on market | 31 | 2540 | 1% |
May 7, 2026
$1,670,000
Initial Listing
Sep 1, 1993
$69,500
Public Record