HomeSmart Logo

The Condo Mania Team

SOLD!    MLS: 6947403     $590,000
2 Bedrooms with 3 Baths

MLS: 6947403 Condo For Sale
1426 W CORAL REEF DRIVE
GILBERT AZ 85233

MLS:  6947403
Status:  SOLD
Closed On:  2026-02-12
Sold Price:  $590,000
Sold Price per SqFt:  $288
Square Footage:  2048

2 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 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.

Address: 1426 W CORAL REEF DRIVE GILBERT AZ 85233

MLS Logo  ARMLS PATTI THOMAS of RE/MAX EXCALIBUR

Condo Mania Agent

Featured Real Estate Agent Maria Boetger

Maria Boetger

Homesmart
Real Estate Agent
Phone: 480-329-5926

Contact Maria Boetger

Request More Information

Listing Photos

Photo #1: 6947403 Listing
Photo #2: 6947403 Listing
Photo #3: 6947403 Listing
Photo #4: 6947403 Listing
Photo #5: 6947403 Listing
Photo #6: 6947403 Listing

Listing Details

STATUS:Closed
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Townhouse
LISTING CONTRACT DATE:2025-11-14
ON MARKET DATE:2025-11-15
CLOSE DATE:2026-02-12
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:Pool, Lake, Community Spa, Biking/Walking Path
APPLIANCES INCLUDED:Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, 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:Walk-in Pantry, 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

Property Location: 1426 W CORAL REEF DRIVE GILBERT AZ 85233


Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 1 mi

MLS # List PriceAddressBedsBaths Sq FtCommunity
6965911 $595,000 449 S MARINA DRIVE 3 3 2210 THE FALLS AT CORAL POINT
6967049 $589,000 522 S MARINA DRIVE 3 3 2003 THE FALLS AT CORAL POINT
6933851 $595,000 517 S MARINA DRIVE 3 3 2003 THE FALLS AT CORAL POINT
6980619 $380,000 1129 W WINDJAMMER DRIVE 2 3 1198 COVE AT THE ISLANDS
6936773 $419,500 1122 W SANDY BANKS 3 3 1346 SEAWYNDS AT THE ISLANDS
6962867 $363,000 401 S SEAWYNDS BOULEVARD 3 3 1305 SEAWYNDS AT THE ISLANDS
6862555 $387,500 475 S SEAWYNDS BOULEVARD 2 3 1168 SEAWYNDS AT THE ISLANDS
6936160 $413,000 501 S SUNRISE DRIVE 3 3 1397 SEAWYNDS AT THE ISLANDS
6942969 $315,000 1600 N SABA STREET 155#155 2 3 1200 SUNSTONE
6924190 $269,000 1600 N SABA STREET 224#224 2 2 870 SUNSTONE

You Might Also Be Interested In...

Logo for Fair Housing ActThe Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.

ARMLS 
Logo ARMLS Logo indicates a property listed by a real estate brokerage other than Homesmart. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Based on inform54. Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2026-02-19 19:34:55