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1318 E TREASURE COVE Drive Gilbert, AZ $ 1,885,000
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1318 E TREASURE COVE Drive
$ 1,885,000
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1318 E TREASURE COVE Drive

Gilbert, AZ, 85234
$ 1,885,000
Bedrooms6 Baths4.1 Sq 5,731

Monthly Estimate*

$ 11,606

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Single Family Home for sale in Gilbert, AZ

for $1,885,000 with 6 bedrooms and 4 full baths, 1 half bath. This 5,731 square foot home was built in 1996 on a lot size of 0.33.

Waterfront BASEMENT home in West Lake Estates. This is a combination almost impossible to find in Gilbert. 5,731 sqft, 6 bed, 4.5 bath, private dock and direct lake access. The lot is exceptional, the floor plan is rare, and the lifestyle is real. Bring your vision. Main level: soaring ceilings, open great room, granite kitchen, double-door den (or 6th bed), and a primary suite with lake views, fireplace, and spa ensuite. The backyard delivers: negative-edge pool & spa, built-in BBQ, sunken fireplace, outdoor shower, and a private dock for kayaking or paddleboarding at sunrise. Basement: fully finished with a complete second kitchen, 2 bedrooms, full bath, fireplace, and its own private entrance, purpose-built for multi-generational living, guests, or serious rental potential. A built-in dumbwaiter connects both levels. Val Vista Lakes amenities include a clubhouse, sandy beach lagoon, tennis, pickleball, fitness center, heated Olympic pool, and waterfront trails. One of the most coveted communities in the East Valley and this is one of its rarest homes. Investor, remodeler, or lifestyle buyer the bones, the lot, and the lake are all here. This is the ONE!

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Single Family Active

Price

$ 1,885,000

Bedrooms

6

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 9,633

Style

Residential

Lot Size

0.33

Year Built

1996

Town/City

Gilbert

County/Region

Maricopa

MLS | Web ID

7010987
Features
Interior
Interior Amenities Walk-in Pantry Quartz Countertops High Speed Internet Double Vanity Eat-in Kitchen Kitchen Island Pantry Bidet Full Bth Master Bdrm Separate Shwr & Tub Tub with Jets
Basement Walk-Up Access Interior Entry Exterior Entry Walk-Out Access Finished Full
Flooring Carpet Tile
Fireplace Features Other Family Room Master Bedroom Gas
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Skylight(s) Solar Screens
Fireplace Y/N Y
Laundry Features Inside
Total Bedrooms 6
Total Baths 5
Bedrooms Possible 8
Built-in Microwave True
Kitchen Island True
Pantry True
Walk-in Pantry True
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General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air Ceiling Fan(s) Programmable Thmstat
Utilities SRP
Possession By Agreement
Roof Tile
HOA Fee 169.15
Garage Spaces 4.0
Association Fee Includes Maintenance Grounds Street Maint
Pool Features Outdoor Play Pool
Security Features Security System Owned
Construction Materials Stucco Wood Frame Painted Block
Year Built 1996
View Lake
Township 1S
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Racquetball Pickleball Lake Gated Community Spa Htd Tennis Court(s) Playground Biking/Walking Path
Assoc Fee Paid Per Monthly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Energy Efficient Multi-Zones
Subdivision Name WEST LAKE ESTATES 2 LOT 41-66 T A-C P-1A
Possible Use None
Total Rooms 0
Special Listing Conditions N/A
Status Active
High School Gilbert High School
City Gilbert
Disclosures Agency Discl Req Seller Discl Avail
Association Name WestLake Estates GUD
High School District Gilbert Unified District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 14244.0
Carport Spaces 0.0
Carport Y/N N
Spa Features Heated Private
Elementary School Val Vista Lakes Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 9633.0
Home Warranty Y/N N
Current Financing Non Assumable
Middle/Junior High School Greenfield Elementary School
Property Condition Complete Spec Home
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://listings.brealproductions.com/sites/egbnmlym/unbranded
Builder Name UNKNOWN
Standard Status Active
Occupancy Type Owner
Elementary School District Gilbert Unified District
Tax Lot 49
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 327.26
New Financing Cash True
New Financing: VA True
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Exterior
Exterior Amenities Private Street(s) Storage Built-in Barbecue
Fencing Block
Parking Features Garage Door Opener Direct Access Attch'd Gar Cabinets
Lot Features North/South Exposure Waterfront Lot Sprinklers In Front Grass Front Auto Timer H2O Front
Water Source City Water
Lot Size Area 14244.0
Spa Y
Lot Size Acres 0.33
Road Surface Type Asphalt
Lot Size Source Assessor
Waterfront Y/N Y
Covered Spaces 4.0
Crops Included Y/N N
Road Responsibility City Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1318
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* Excluded Features
List By
The Ave Collective

Broker

paige@paigesellsaz.com

Email

Affordability Calculator

$12,409
Per Month
94%
6%
0%
Monthly Principal & Interest
$11,606
Monthly Property Taxes
$803
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4328045 Elementary School
4327424 Middle School
Gilbert High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/13/2026$1,885,000 -10.24% Price Down
4/27/2026$2,100,000 -8.70% Price Down
4/15/2026$2,299,999 Listed Price

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1318 E TREASURE COVE Drive, Gilbert, AZ, 85234 is a Single Family Home for sale at $1,885,000 with 5,731 sqft and a lot size of 0.33. 1318 E TREASURE COVE Drive has 6 bedrooms, 4.1 baths, and was built in 1996. The property's zip code is 85234 which is in Gilbert, AZ

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