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1318 E Treasure Cove Drive

Gilbert, AZ 85234
  • $1,885,000
  • STATUS: Active
  • ON SITE: 66 Days
  • MLS #: 7010987
UPDATED: 45 min ago
$1,885,000
  • 6
    BEDS
  • 0.33
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 5,731
    SQFT
  • $329
    $/SQFT
Type:
Single-Family Home
Built:
1996
County:
Area:

School Information

Description

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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Arizona Regional MLS logo© 2026 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 AZ Performance Realty. Data last updated 2026-06-14T12:13:12.093.
www.azperformancerealty.com/homes/174970558
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1318 E Treasure Cove Drive Gilbert, AZ 85234

  • Price: $1,885,000
  • Status: Active
  • On Site: 66 Days
  • Updated: 45 min ago
  • MLS #: 7010987
6
Beds
4
Baths
1
½ Baths
0.33
Acres
5,731
SQFT
$329
$/SQFT
1996
Built
Neighborhood:
West Lake Estates 2 Lot 41-66 T A-C P-1A
County:
Maricopa
Area:
Gilbert
Elementary School:
Val Vista Lakes Elementary School
Middle School:
Greenfield Elementary School
High School:
Gilbert High School
Property Description
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!
Exterior Features

Architectural Style [] Attached Garage YN No Carport Spaces 0 Construction Materials StuccoWood FramePaintedBlock Covered Spaces 4 Exterior Features Private Street(s)StorageBuilt-in Barbecue Fencing Block Horse Amenities [] Horse YN No Lot Features North/South ExposureWaterfront LotSprinklers In FrontGrass FrontAuto Timer H2O Front Open Parking Spaces 0 Other Structures [] Parking Features Garage Door OpenerDirect AccessAttch'd Gar Cabinets Pool Features OutdoorPlay Pool Pool Private YN Yes Road Responsibility City Maintained Road Road Surface Type Asphalt Roof Tile Spa Features HeatedPrivate View Lake

Interior Features

Additional Bedroom Walk In Closet Yes Basement Walk-Up AccessInterior EntryExterior EntryWalk-Out AccessFinishedFull Basement YN Yes Bedrooms Plus 8 Common Walls [] Cooling Central AirCeiling Fan(s)Programmable Thmstat Cooling YN Yes Family Room Yes Fireplace Features OtherFamily RoomMaster BedroomGas Fireplace YN Yes Formal Dining Yes Heating Natural Gas Heating YN Yes Interior Features Walk-in PantryQuartz CountertopsHigh Speed InternetDouble VanityEat-in KitchenKitchen IslandPantryBidetFull Bth Master BdrmSeparate Shwr & TubTub with Jets Laundry Features Inside Master Bedroom Split Yes Master Bedroom Walk In Closet Yes Pantry Yes Separate Bedroom Exit Yes Separate Den Office YN Yes Walk In Pantry Yes Window Features Skylight(s)Solar Screens

Property Features

Accessibility Features [] Association Fee 169.15 Association Fee Frequency Monthly Association Fee Includes Maintenance GroundsStreet Maint Association Fee2 158.11 Association Fee2 Frequency Monthly Association YN Yes Auction No Bonus Game Room Yes Builder Name UNKNOWN Cap Improvement Impact Fee2 0 Capmprovement Impact Fee 1000 City Services Yes Community Features RacquetballPickleballLakeGatedCommunity Spa HtdTennis Court(s)PlaygroundBiking/Walking Path Community Pool YN No Current Financing Non Assumable Disclosures Agency Discl ReqSeller Discl Avail Flooring CarpetTile Green Energy Efficient Multi-Zones Green Water Conservation [] Land Lease YN No Listing Terms CashConventionalFHAVA Loan New Construction YN No North South Exposure Yes Other Fees Description New Owner Fee $185 Other Fees HOA 185 Ownership Fee Simple Ownership Fractional YN No PADFee YN2 No Possible Use None Prepaid Association Fees HOA 2029.81 Property Attached YN No Property Condition Complete Spec Home Property Sub Type Single Family Residence Rec Center Fee YN No Rec Center Fee2 YN No Security Features Security System Owned Sewer Public Sewer Special Assessment HOA No Special Listing Conditions N/A Special Listing Conditions None Yes Tax Annual Amount 9633 Tax Year 2025 Total Monthly Fee 327.26 Utilities [] Water Source City Water Waterfront YN Yes Week Avail Timeshare 0

Arizona Regional MLS logo Listing provided by Limitless Real Estate: .


Arizona Regional MLS logo© 2026 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 AZ Performance Realty. Data last updated 2026-06-14T12:13:12.093.
 
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