1301 W Coral Reef Drive, Gilbert, AZ 85233, Gilbert, 85233 - 3 bed, 3 bath
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Gilbert, AZ 85233
This Recently Remodeled Townhome in the prestigious Gilbert Islands is listed at $405,000, offering exceptional price stability at its $405,000 Fair Market Value. Boasting a Condition Rating of 3, the residence features a Granite Kitchen, Stainless Steel Appliances, and a New Roof, ensuring a turnkey transition for the next owner. The interior is defined by Vaulted Ceilings, a Cantera Stone Fireplace, and a Private Patio, creating an airy, sophisticated atmosphere. Located near Islands Elementary, this move-in ready home is the ideal fit for Owner-Occupants or first-time buyers seeking a polished lifestyle in a sought-after lake community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1301 W Coral Reef Drive Subject | $405,000* List Price | 3 | 3 | 1,583 | $256 | - |
A 401 S SEAWYNDS Boulevard Active | $349,900 List Price | 3 | 3 | 1,305 | $268 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1986, the property has undergone extensive recent renovations that make it move-in ready. Key updates include a new roof, granite countertops, stainless steel appliances, a custom wine fridge, and updated flooring (carpet and tile). The interior features modern lighting fixtures and fresh paint, though the dark cabinetry and overall architectural style reflect a high-quality update rather than a brand-new construction, placing it firmly in the 'good' category.
The property features a comprehensive remodel including a new roof, granite countertops, stainless steel appliances, and updated flooring, offering a turnkey experience for buyers.
Situated in the highly desirable Gilbert Islands community, this townhome benefits from a prestigious neighborhood reputation and a light, airy atmosphere.
With vaulted ceilings, a custom wet bar with a wine fridge, and a spacious dining area, the home is perfectly designed for hosting and modern living.
The assigned middle and high schools currently hold lower ratings (4/10), which may be a consideration for families focused on top-tier educational districts.
As a townhome built on a modest 1,795 sqft lot, the property offers minimal private yard space compared to detached single-family homes in the area.
A rare find in the highly desirable Gilbert Islands community of Coral Reef! This spacious townhome is priced to sell fast and has been recently remodeled to perfection. Updates include beautiful carpet, new tile in the master and baths, an elegant cantera stone fireplace surround, upgraded wet bar & new granite countertops, new lighting fixtures, new door hardware, and new blinds throughout. The kitchen features stainless steel appliances, custom wine fridge and offers plenty of counter/cabinet space, opening up to a roomy dining area—ideal for entertaining. With vaulted ceilings, NEW ROOF, custom neutral paint, with a light, airy atmosphere. Move-in ready and a perfect opportunity to own in one of Gilbert's most sought-after communities!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 1.3 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 67% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,583 | 1,359 | 83% |
| Lot Size | 1,795 | 2,084.5 | 42% |
| Price | $405.0K | $0 | 75% |
| Price per sq ft | $256 | $0 | 58% |
| Built year | 1986 | 1996 | 8% |
| HOA | $211 | $182 | 75% |
| Days on market | 218 | 2978 | 17% |
Sep 16, 2025
$405,000
Initial Listing