1426 W CORAL REEF Drive, Gilbert, AZ 85233
1426 W CORAL REEF Drive, Gilbert, AZ 85233
1426 W CORAL REEF Drive, Gilbert, AZ 85233
58
$590,000
$594,999
0.8%
Est.Price: ?

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2 BD
2.5 BA
2,048 SqFt

1426 W CORAL REEF Drive Gilbert, AZ 85233

Est. payment /mo
SOLD DATE : 02/12/2026

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Key Details

Sold Price $590,000

Property Type Townhouse

Sub Type Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,048 sqft

Price per Sqft $288

Subdivision Townhomes On Coral Reef

MLS Listing ID 6947403

Sold Date 02/12/26

Style Spanish

Bedrooms 2

Full Baths 2

Half Baths 1

HOA Fees $143/Semi-Annually

HOA Y/N Yes

Year Built 2000

Annual Tax Amount $2,641

Tax Year 2024

Lot Size 2,030 Sqft

Acres 0.05

Property Sub-Type Townhouse

Source Arizona Regional Multiple Listing Service (ARMLS)

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 loss 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.

Location

State AZ

County Maricopa

Community Townhomes On Coral Reef

Area Maricopa

Direction East on Elliot from McQueen, South on Islands Drive, Left at fountain, right on Coral Reef.

Rooms

Other Rooms Great Room

Master Bathroom Double Sink

Master Bedroom Upstairs

Den/Bedroom Plus 3

Separate Den/Office Y

Interior

Interior Features Walk-in Pantry, High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub

Heating Electric

Cooling Central Air

Flooring Vinyl, Tile

Fireplace No

Window Features Solar Screens

Appliance Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Cooktop

SPA None

Exterior

Exterior Feature Balcony

Parking Features Garage Door Opener, Circular Driveway, Attch'd Gar Cabinets, Common

Garage Spaces 2.0

Garage Description 2.0

Fence None

Community Features Pool, Lake, Community Spa, Biking/Walking Path

Utilities Available SRP

Waterfront Description true

View Lake

Roof Type Tile,Foam

Porch Patio

Total Parking Spaces 2

Private Pool No

Building

Lot Description North/South Exposure, Waterfront Lot, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back

Story 2

Builder Name Scremin Builder

Sewer Public Sewer

Water City Water

Architectural Style Spanish

Structure Type Balcony

New Construction No

Schools

Elementary Schools Islands Elementary School

Middle Schools Mesquite Jr High School

High Schools Mesquite High School

School District Gilbert Unified District

Others

HOA Name The Islands

HOA Fee Include Insurance,Pest Control,Maintenance Grounds,Front Yard Maint,Trash,Maintenance Exterior

Senior Community No

Tax ID 302-30-578

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Horse Property N

Disclosures Seller Discl Avail

Possession Close Of Escrow

Listing Terms Cash, Conventional, FHA, VA Loan

Financing Conventional

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Arizona Regional MLS (ARMLS)
Listed by RE/MAX Excalibur • Patti Thomas
Bought with My Home Group Real Estate

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