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$3,400,000
37 Days Online

1402 E CORAL COVE Drive
Gilbert, AZ 85234

For Sale|Single Family Residence|Active
8
Beds
8
Full Baths
0
Partial Baths
11,705
SqFt
$290
/SqFt
2001
Built
Subdivision:
WEST LAKE ESTATES
County:
Maricopa

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1402 E CORAL COVE Drive1402 E CORAL COVE Drive1402 E CORAL COVE Drive1402 E CORAL COVE Drive
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Magnificent lakefront 2-story basement estate on rare Peninsular lot w/approx 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! (SEE SUPPL) 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.

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Listing Snapshot
Price 
$3,400,000
Days Online 
37 Days
Bedrooms 
8
Inside Area (SqFt) 
11,705 sqft
Total Baths 
8
Full Baths 
8
Partial Baths 
N/A
Lot Size 
0.5 Acres
Year Built 
2001
MLS® Number 
6719083
Status 
Active
Property Tax 
$13,308
HOA/Condo/Coop Fees 
$126 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoStatus changed to Active
a month agoListing first seen online
3 months agoListing updated with changes from the MLS®
General Features
Acres 
0.5
Energy Features 
Solar
Garage 
Yes
Garage Spaces 
3
Number Of Stories 
2
Parking 
Garage Door Opener
Parking Spaces 
4
Property Sub Type 
Single Family Residence
Security 
Security System Owned
Sewer 
Public Sewer
SqFt Total 
11705
Style 
Santa Barbara/Tuscan
Water Source 
Public
Interior Features
Basement 
FinishedFull
Cooling 
Ceiling Fan(s)
Fireplace 
Yes
Fireplace Features 
Family RoomGas
Fireplaces 
1
Flooring 
CarpetStoneWood
Heating 
Electric
Interior 
Breakfast BarCentral VacuumWet BarKitchen IslandBidetDouble Vanity
Spa 
Yes
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Exterior Features
Construction Details 
StoneStucco
Exterior 
BarbecueBalconyPrivate YardBuilt-in Barbecue
Fencing 
BlockWrought Iron
Lot Features 
Cul-De-SacWaterfront
Patio And Porch 
CoveredPatio
Pool Features 
HeatedPrivate
Private Pool 
Yes
Roof 
Tile
Spa 
Yes
Spa Features 
HeatedPrivate
View 
Mountain(s)
Waterfront 
Yes
Waterview 
Mountain(s)
Community Features
Accessibility Features 
Therapeutic Whirlpool
Association Amenities 
Management
Association Dues 
126
Community Features 
GatedTennis Court(s)RacquetballPlaygroundClubhouseFitness Center
Financing Terms Available 
ConventionalVA Loan
HOA Fee Frequency 
Monthly
School District 
Gilbert Unified District
Township 
1S
Schools
School District
Gilbert Unified District
Elementary School
Val Vista Lakes Elementary School
Middle School
Greenfield Junior High School
High School
Gilbert High School
Listing courtesy of Coldwell Banker Realty.



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Data Last Update: 2024-09-19 10:35 PM UTC

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