1349 E CATAMARAN Drive, Gilbert, AZ 85234, Gilbert, 85234 - 5 bed, 3 bath
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Gilbert, AZ 85234
This Premium Waterfront Estate is listed at $1,085,000, representing a stable acquisition at its $1,085,000 Fair Market Value. Featuring a Condition Rating of 4, the property benefits from a 7-year-old roof and 2019 AC units, though the 1995 interior offers significant potential for cosmetic modernization to reach peak luxury standards. Residents enjoy Panoramic Lake Views and access to the elite Val Vista Lakes Clubhouse and Top-Rated Patterson Elementary. This spacious 3,866 sqft home is the ideal sanctuary for a growing family or Owner-Occupants looking to personalize a high-end lakeside lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1349 E CATAMARAN Drive Subject | $1,085,000* List Price | 5 | 3 | 3,866 | $281 | - |
A 1157 N DATE PALM Drive Sold | $875,000 List Price | 4 | 4 | 4,122 | 0.5 mi | |
B 1819 E LAKECREST Drive Sold | $760,000 List Price | 5 | 4 | 3,503 | 0.5 mi | |
C 1934 E Cypress Tree Drive Sold | $850,000 | 6 | 3 | 3,900 | $218 | 0.7 mi |
D 1414 N PALMSPRINGS Drive Sold | $838,100 | 5 | 3 | 2,738 | $306 | 0.8 mi |
E 1414 N PALMSPRINGS Drive Sold | $838,100 | 5 | 3 | 2,738 | $306 | 0.8 mi |
F 2012 E FREEPORT Lane Sold | $1,164,500 | 4 | 3 | 3,900 | $299 | 0.7 mi |
G 1220 N CRYSTAL SHORES Drive Active | $1,150,000 List Price | 5 | 4 | 3,568 | $322 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, the property is well-maintained with updated major systems including a 7-year-old roof and 2019 AC units. However, the interior finishes, particularly the kitchen's tile countertops and cabinetry, are dated and reflect the original construction era rather than modern luxury standards, requiring cosmetic updates to meet current market expectations.
Situated on West Lake, this property offers some of the best panoramic water views in the community, visible from the primary suite balcony and throughout the backyard.
The home features significant recent capital improvements, including a roof replaced seven years ago and new AC units installed in 2019, reducing immediate maintenance concerns for the buyer.
Located in Val Vista Lakes, residents have access to a world-class clubhouse, swimming pools, tennis and pickleball courts, and numerous sports fields and parks.
Built in 1995, the interior may require modern aesthetic renovations to the kitchen and bathrooms to fully align with contemporary luxury standards at this price point.
While the elementary schools are highly rated, the assigned high school has a lower rating, which may be a consideration for education-focused families.
Incredible opportunity to live on the West Lake with the BEST Lake Views in all directions! 5 Large Bedrooms plus a large dedicated office off the entry in this custom home with oversized Kitchen, Family Room and Formal Living and Dining Rooms. Beautiful Shutters on windows downstairs. There are amazing views from the Primary Suite Balcony and in all directions from the backyard and patio with lots of flowers and green grass front and back. Roof is 7 years new! AC units also new in 2019. Bdrm 4 upstairs is HUGE - could be gameroom! Val Vista Lakes has churches, school, softball field, soccer fields, basketball court, playgrounds, gardens, walking paths, swimming pools, lakes, tennis & pickleball courts, we have a large clubhouse with multiple rooms that can host a variety of gatherings!
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades PK-6 • 0.9 mi
Grades 7-8 • 4.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,866 | 2,039 | 95% |
| Lot Size | 12,615 | 6,913 | 91% |
| Price | $1.08M | $479.0K | 94% |
| Price per sq ft | $281 | $256 | 68% |
| Built year | 1995 | 1994 | 54% |
| HOA | $158 | $75 | 80% |
| Days on market | 105 | 2339 | 1% |
Jan 7, 2026
$1,085,000
Initial Listing