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1426 W Coral Reef Drive

Gilbert, AZ 85233
  • $599,999
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 6947403
UPDATED: 148 min ago
$599,999
  • 2
    BEDS
  • 0.05
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,048
    SQFT
  • $293
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
2000
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

LAKEFRONT LUXURY IN THE ISLANDS - YOUR DREAM HOME AWAITS! Step into a fully reimagined waterfront masterpiece in the coveted Gilbert community of The Islands, where every sunset paints the sky and the lake becomes your backyard. This stunning 2-bedroom townhome with a large office that easily converts to a 3rd bedroom has been lavishly transformed with over $100K in upgrades in the past year alone. The seller's investment is your golden opportunity. The expansive great room welcomes you with soaring vaulted ceilings and walls of windows that flood the space with natural light. French doors glide open to a private patio perched over the serene lake, perfect for morning coffee or evening wine, while panoramic water views stretch from nearly every angle. Flow seamlessly... into the gourmet kitchen and dining area, where a breakfast bar frames shimmering lake vistas. Enjoy brand-new KitchenAid top oven, microwave, dishwasher, vent hood and refrigerator, alongside refinished cabinetry with sleek hardware, a large pantry, and new faucets. The open layout is ideal for entertaining. Retreat to your primary suite sanctuary upstairs, complete with a private balcony showcasing mesmerizing lake sunsets, a huge walk-in closet, and a spa-like ensuite featuring a deep soaking tub, glass-enclosed walk-in shower, double vanities, and a dedicated makeup station. Convenience meets style with a laundry room including a sink and new Electrolux washer and dryer, located just off the 2-car garage. Every detail is brand new from 2024 and 2025: fresh interior and exterior paint, luxury vinyl plank flooring throughout, new HVAC, roof, and hot water heater, plus all-new ceiling fans, recessed lighting, door hardware, closet doors, towel bars, upgraded window treatments, toilets, and bathroom fixtures. Live the Islands lifestyle with kayaking, fishing, or boating from your doorstep, while top-rated schools, boutique shops, and downtown Gilbert's vibrant dining scene are just a short walk away. This unbeatable location blends serene lake living with urban convenience. This is more than a home; it's a lifestyle upgrade. Priced for immediate sale, don't let this rare waterfront gem slip away.

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2025-12-14T00:12:38.04.
www.yournextphoenixhome.com/homes/169955768
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1426 W Coral Reef Drive Gilbert, AZ 85233

  • Price: $599,999
  • Status: Active
  • On Site: 29 Days
  • Updated: 148 min ago
  • MLS #: 6947403
2
Beds
2
Baths
1
½ Baths
0.05
Acres
2,048
SQFT
$293
$/SQFT
2000
Built
Neighborhood:
Townhomes on Coral Reef
County:
Maricopa
Area:
Gilbert
Elementary School:
Islands Elementary School
Middle School:
Mesquite Jr High School
High School:
Mesquite High School
Property Description
LAKEFRONT LUXURY IN THE ISLANDS - YOUR DREAM HOME AWAITS! Step into a fully reimagined waterfront masterpiece in the coveted Gilbert community of The Islands, where every sunset paints the sky and the lake becomes your backyard. This stunning 2-bedroom townhome with a large office that easily converts to a 3rd bedroom has been lavishly transformed with over $100K in upgrades in the past year alone. The seller's investment is your golden opportunity. The expansive great room welcomes you with soaring vaulted ceilings and walls of windows that flood the space with natural light. French doors glide open to a private patio perched over the serene lake, perfect for morning coffee or evening wine, while panoramic water views stretch from nearly every angle. Flow seamlessly... into the gourmet kitchen and dining area, where a breakfast bar frames shimmering lake vistas. Enjoy brand-new KitchenAid top oven, microwave, dishwasher, vent hood and refrigerator, alongside refinished cabinetry with sleek hardware, a large pantry, and new faucets. The open layout is ideal for entertaining. Retreat to your primary suite sanctuary upstairs, complete with a private balcony showcasing mesmerizing lake sunsets, a huge walk-in closet, and a spa-like ensuite featuring a deep soaking tub, glass-enclosed walk-in shower, double vanities, and a dedicated makeup station. Convenience meets style with a laundry room including a sink and new Electrolux washer and dryer, located just off the 2-car garage. Every detail is brand new from 2024 and 2025: fresh interior and exterior paint, luxury vinyl plank flooring throughout, new HVAC, roof, and hot water heater, plus all-new ceiling fans, recessed lighting, door hardware, closet doors, towel bars, upgraded window treatments, toilets, and bathroom fixtures. Live the Islands lifestyle with kayaking, fishing, or boating from your doorstep, while top-rated schools, boutique shops, and downtown Gilbert's vibrant dining scene are just a short walk away. This unbeatable location blends serene lake living with urban convenience. This is more than a home; it's a lifestyle upgrade. Priced for immediate sale, don't let this rare waterfront gem slip away.
Exterior Features

Architectural Style Spanish Attached Garage YN No Carport Spaces 0 Construction Materials StuccoWood Frame Covered Spaces 2 Exterior Features Balcony Fencing None Horse Amenities [] Horse YN No Lot Features North/South ExposureWaterfront LotDesert FrontGrass BackAuto Timer H2O FrontAuto Timer H2O Back Open Parking Spaces 0 Other Structures [] Parking Features Garage Door OpenerCircular DrivewayAttch'd Gar CabinetsCommon Pool Features [] Pool Private YN No Road Responsibility [] Roof TileFoam Spa Features None View Lake

Interior Features

Basement [] Basement YN No Bedrooms Plus 3 Common Walls [] Cooling Central Air Cooling YN Yes Fireplace Features [] Fireplace YN No Great Room Yes Heating Electric Heating YN Yes Interior Features High Speed InternetDouble VanityUpstairsEat-in KitchenVaulted Ceiling(s)Full Bth Master BdrmSeparate Shwr & Tub Laundry Features [] Master Bedroom Upstairs Yes Separate Den Office YN Yes Walk In Pantry Yes Window Features Solar Screens

Property Features

Accessibility Features [] Association Fee 381 Association Fee Frequency Semi-Annually Association Fee Includes InsurancePest ControlMaintenance GroundsFront Yard MaintTrashMaintenance Exterior Association Fee2 224.21 Association Fee2 Frequency Monthly Association YN Yes Auction No Builder Name Scremin Builder Cap Improvement Impact Fee2 0 Capmprovement Impact Fee 0 City Services Yes Community Features PoolLakeCommunity SpaBiking/Walking Path Community Pool YN Yes Current Financing [] Disclosures Seller Discl Avail Flood Zone No Flooring VinylTile Green Energy Efficient [] Green Water Conservation [] Land Lease YN No Listing Terms CashConventionalFHAVA Loan North South Exposure Yes Other Fees HOA 0 Ownership Fee Simple Ownership Fractional YN No PADFee YN2 No Possible Use None Prepaid Association Fees HOA 0 Property Attached YN Yes Property Condition [] Property Sub Type Townhouse Rec Center Fee YN No Rec Center Fee2 YN No Security Features [] Sewer Public Sewer Special Assessment HOA No Special Listing Conditions N/A Special Listing Conditions None Yes Tax Annual Amount 2641 Tax Year 2024 Total Monthly Fee 287.71 Unit Style Two Levels Yes Utilities [] Water Source City Water Waterfront YN Yes

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2025-12-14T00:12:38.04.
 
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