The Condo Mania Team
MLS: 7015341 $550,000
3 Bedrooms with 3 Baths1421 W CORAL REEF DRIVE
GILBERT AZ 85233MLS: 7015341
Status: ACTIVE
List Price: $550,000
Price per SQFT: $240
Square Footage: 22893 Bedrooms
3 Baths
Year Built: 1988
Zip Code: 85233
Listing Remarks
When your backyard is a lake... everyday feels like a vacation! This exceptional Coral Reef townhouse, nestled in Gilbert's highly coveted community, The Islands, offers breathtaking panoramic waterfront views at the tip of the peninsula. If you love kayaking, paddleboarding, boating, or simply watching the sunset reflect over the water, this is your ideal tropical retreat! Simply step out to your private dock and explore over 70 acres of connected waterways. Inside, enjoy iconic, refinished hexagonal southwest Saltillo tile flowing seamlessly from the entry into the kitchen and dining areas. A 2-story atrium lets in natural light, highlighting a spacious layout with a versatile upstairs loft. Two cozy fireplaces anchor this home - one in the main living space and the other in the spacious primary suite which includes a private balcony, walk-in closet, dual sinks, a separate shower, and a soaking tub with a great view of the lake. Recent upgrades include all-new energy-efficient windows, glass doors opening to the patio and balcony, updated LED lighting, new ceiling fans, and a freshly recoated flat roof. Enjoy quick access to the community pool, ample guest parking, welcoming neighbors, and an active events calendar that includes movie nights and concerts in the park. Additional amenities include sports courts, an exercise track, playgrounds, picnic areas, and annual electric light boat parades during the holidays. Just minutes from downtown Gilbert and Chandler with a ton of amazing shopping and dining options nearby. Come visit The Islands today!
Address: 1421 W CORAL REEF DRIVE GILBERT AZ 85233
ARMLS JASON SERIKAKU of REALTY ONE GROUP
Condo Mania Agent
Angela Covey
Homesmart
Real Estate Agent
Phone: 602-677-9038
Request More Information
Listing Details
STATUS: Active PROPERTY TYPE: Residential PROPERTY SUB TYPE: Townhouse SPECIAL LISTING CONDITIONS: N/A, Owner/Agent LISTING CONTRACT DATE: 2026-04-17 BEDROOMS: 3 LIVING AREA SQ FT: 2289 LIVING AREA SOURCE: Assessor YEAR BUILT: 1988 TAXES: $2,221 HOA/MGMT CO: Townhomes Coral Reef HOA/MGMT PHONE: 602-227-4418 HOA FEES FREQUENCY: Monthly HOA FEES: $224 HOA #2 FEES FREQUENCY: Semi-Annually HOA #2 FEES: $383 HOA INCLUDES: Insurance, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Maintenance Exterior COMMUNITY FEATURES: Pool, Lake, Biking/Walking Path APPLIANCES INCLUDED: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal BUILDER NAME: unknown CONSTRUCTION: Stucco, Wood Frame, Painted EXTERIOR FEATURES: Balcony FIREPLACE: Living Room, Master Bedroom FLOORING: Carpet, Tile HEATING: Electric COOLING: Central Air, Ceiling Fan(s) INTERIOR FEATURES: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets LAUNDRY FEATURES: Upstairs Laundry, Inside LOT FEATURES: Waterfront Lot, Corner Lot, Cul-De-Sac, Grass Back # GARAGE SPACES: 2 # CARPORT SPACES: 0 PARKING FEATURES: Attached Garage, Unassigned, Garage Door Opener, Direct Access ROOF: Tile, Built-Up STORIES TOTAL: 2 VIEW: Lake LEGAL DESCRIPTION: LOT 33 TOWNHOMES ON CORAL REEF MCR 028348 LISTING AGENT: JASON SERIKAKU LISTING OFFICE: REALTY ONE GROUP LISTING CONTACT: 480-486-6887
Estimated Monthly Payments
List Price: $550,000 20% Down Payment: $110,000 Loan Amount: $440,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $2,781 Estimate does not include taxes, fees, insurance.
Request More Information
Property Location: 1421 W CORAL REEF DRIVE GILBERT AZ 85233
This Listing
Active Listings Nearby
Condo Mania Agent
Mary Ann Kren
Homesmart
Real Estate Agent
Phone: 480-221-4437
You Might Also Be Interested In...
The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.
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: 2026-04-17 04:35:52
Tempe Condo Mania







