
Gilbert, AZ 85234
This Luxury Lakefront Estate is a Stunning Move-In Ready Home listed at $1,895,000, positioned accurately alongside its $1,888,063 Fair Market Value. Boasting a Condition Score of 2, the residence features a modernized granite kitchen, fully owned Tesla solar system, and a resort-style pool and spa with a private dock. Located in the prestigious Val Vista Lakes, the property offers access to elite clubhouse amenities and top-rated Patterson Elementary. This is an exceptional lifestyle sanctuary for luxury-seeking families or Owner-Occupants desiring a turnkey waterfront experience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1407 E CORAL COVE Drive Subject | $1,895,000* List Price | 5 | 4 | 4,342 | $435 | - |
A 1507 E TREASURE COVE Drive Sold | $1,610,000 | 3 | 4 | 3,633 | $443 | 0.1 mi |
B 1748 E QUEEN PALM Drive Active | $1,685,000 List Price | 4 | 3 | 4,284 | $393 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1987, the property has undergone extensive recent renovations that meet current luxury standards. The kitchen is fully modernized with high-end stainless steel appliances, white shaker cabinetry, and premium stone countertops. The interior features updated flooring, contemporary light fixtures, and a fully owned Tesla solar system. The overall condition shows no signs of deferred maintenance, with high-quality finishes throughout the living spaces and bathrooms.
This property offers a rare waterfront lifestyle in Gilbert, featuring direct lake access from a private dock and a resort-style backyard with a pool and spa.
The inclusion of a fully owned Tesla solar system provides significant long-term value and energy savings for a residence of this substantial size.
Located in the prestigious Val Vista Lakes, residents benefit from world-class facilities including a multi-million dollar clubhouse, sandy beach lagoon, and extensive sports courts.
Built in 1987, the home may require more frequent maintenance or further modern updates to compete with newer luxury developments in the area.
The assigned high school carries a rating of 5, which may be a consideration for luxury buyers prioritizing top-tier educational performance for their children.
Welcome to 1407 E Coral Cove, a lakefront home with 5-bedroom, 3.5-bathrooms, 4,342 sq ft of beautifully designed living space in one of Gilbert's most desirable communities. Enjoy true Arizona resort-style living with sparkling pool & spa, and direct lake access from your own private dock, - perfect for kayaking, paddle-boarding, or just soaking in the sunset views. Inside, an open-concept layout with soaring ceilings, a spacious great room, and kitchen featuring granite countertops, stainless steel appliances, and ample cabinet space. The oversized primary suite has lake views, a spa-like ensuite bathroom, and a walk-in closet. Energy efficiency is covered with a fully owned Tesla solar system - keeping utility costs low while maximizing sustainability. Located in the prestigious Val Vista Lakes community, residents enjoy access to world-class amenities including a multi-million dollar clubhouse, sandy beach lagoon, tennis & pickleball courts, fitness center, heated Olympic-style pool & spa, and miles of walking/biking trails - all set in a lush, waterfront setting. This is more than just a home - it's a lifestyle. Don't miss your chance to live lakefront in Gilbert's premier master-planned community.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 0.8 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 | 4.0 | 3.0 | 94% |
| Square foot | 4,342 | 2,039 | 98% |
| Lot Size | 14,710 | 6,913 | 93% |
| Price | $1.90M | $479.0K | 99% |
| Price per sq ft | $436 | $256 | 96% |
| Built year | 1987 | 1994 | 21% |
| HOA | $90 | $75 | 64% |
| Days on market | 203 | 2339 | 13% |
Oct 1, 2025
$1,895,000
Initial Listing