The Condo Mania Team
Tempe Condo ManiaMLS: 6947403 $599,999
2 Bedrooms with 3 Baths1426 W CORAL REEF DRIVE
GILBERT AZ 85233MLS: 6947403
Status: ACTIVE
List Price: $599,999
Price per SQFT: $293
Square Footage: 20482 Bedrooms
3 Baths
Year Built: 2000
Zip Code: 85233
Listing Remarks
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.
Address: 1426 W CORAL REEF DRIVE GILBERT AZ 85233
ARMLS PATTI THOMAS of RE/MAX EXCALIBUR
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Condo Mania Agent
Maria Boetger
Homesmart
Real Estate Agent
Phone: 480-329-5926
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Listing Details
STATUS: Active PROPERTY TYPE: Residential PROPERTY SUB TYPE: Townhouse LISTING CONTRACT DATE: 2025-11-14 ON MARKET DATE: 2025-11-15 BEDROOMS: 2 BATHROOMS: 2.5 LIVING AREA SQ FT: 2048 LIVING AREA SOURCE: Assessor YEAR BUILT: 2000 TAXES: $2,641 HOA/MGMT CO: The Islands HOA/MGMT PHONE: 480-545-7740 HOA FEES FREQUENCY: Semi-Annually HOA FEES: $381 HOA #2 FEES FREQUENCY: Monthly HOA #2 FEES: $224 HOA INCLUDES: Insurance, Pest Control, Maintenance Grounds, Front Yard Maint, Trash, Maintenance Exterior COMMUNITY FEATURES: Lake, Community Spa, Biking/Walking Path APPLIANCES INCLUDED: Electric Cooktop ARCHITECTURAL STYLE: Spanish BUILDER NAME: Scremin Builder CONSTRUCTION: Stucco, Wood Frame EXTERIOR FEATURES: Balcony FLOORING: Vinyl, Tile HEATING: Electric COOLING: Central Air INTERIOR FEATURES: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub LOT FEATURES: North/South Exposure, Waterfront Lot, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back # GARAGE SPACES: 2 # CARPORT SPACES: 0 PARKING FEATURES: Garage Door Opener, Circular Driveway, Attch'd Gar Cabinets, Common ROOF: Tile, Foam STORIES TOTAL: 2 VIEW: Lake LEGAL DESCRIPTION: LOT 22 TOWNHOMES ON CORAL REEF MCR 028348 LISTING AGENT: PATTI THOMAS LISTING OFFICE: RE/MAX EXCALIBUR LISTING CONTACT: 602-538-0106
Estimated Monthly Payments
List Price: $599,999 20% Down Payment: $120,000 Loan Amount: $479,999 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $3,034 Estimate does not include taxes, fees, insurance.
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Property Location: 1426 W CORAL REEF DRIVE GILBERT AZ 85233
This Listing
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Condo Mania Agent
Maria Boetger
Homesmart
Real Estate Agent
Phone: 480-329-5926
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Last Updated: 2025-11-15 19:33:38