$1,885,000
OPEN SAT 11AM - 2PM $415K PRICE DROP

1318 E Treasure Cove Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated payment $11,332/month

Total Views 2,584
6 Beds
4.5 Baths
5,731 Sq Ft
$329 Price per Sq Ft

Highlights

  • Heated Spa
  • Waterfront
  • Clubhouse
  • Val Vista Lakes Elementary School Rated A-
  • 0.33 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

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!

Listing Agent

Paige Hargis

The Ave Collective License #SA677349000 Listed on: 04/15/2026

Co-Listing Agent

Laura Holl

The Ave Collective License #SA701723000

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,633

Year Built

  • Built in 1996

Lot Details

  • 14,244 Sq Ft Lot
  • Waterfront
  • Private Streets
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 4 Car Direct Access Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,731 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Built-In Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Double Vanity
  • Bidet
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Basement Storage

Eco-Friendly Details

  • North or South Exposure

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Built-In Barbecue

Schools

  • Val Vista Lakes Elementary School
  • Greenfield Elementary Middle School
  • Gilbert High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 304-96-738

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Westlake Estates Gud Association, Phone Number (480) 635-1133
  • Secondary HOA Phone (480) 926-9693
  • West Lake Estates 2 Lot 41 66 T A C P 1A Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Racquetball
  • Community Playground
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,633

Year Built

Built in 1996

Lot Details

0.33 Acres

HOA Fees

$327 per month

Parking

4

Listing Details

  • Cross Street: Val Vista & Baseline
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Transfer Fee: 100.0
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 327.26
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2020
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2018
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1996
  • Tax Year: 2025
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.33
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: thag001
  • Subdivision Name: WEST LAKE ESTATES 2 LOT 41-66 T A-C P-1A
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 328.91
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished, Walk-Out Access, Full, Exterior Entry, Interior Entry, Storage Space, Walk-Up Access
  • Flooring: Carpet, Tile
  • Basement YN: Yes
  • Possible Use: None
  • Spa Features: Private, Heated
  • Appliances: Dishwasher, Disposal, Refrigerator, Electric Cooktop, Microwave, Built-In Electric Oven, Electric Range, Washer, Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Master Bedroom, Gas, Other
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Tub with Jets, Bidet, Eat-in Kitchen, Pantry, Kitchen Island, Walk-in Pantry, Quartz Countertops, High Speed Internet
  • Living Area: 5731.0
  • Stories: 2
  • Window Features: Solar Screens, Skylight(s)

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage, Private Street(s), Built-in Barbecue
  • Lot Features: Waterfront Lot, North/South Exposure, Sprinklers In Front, Grass Front, Auto Timer H2O Front
  • Pool Features: Play Pool, Outdoor
  • Pool Private: Yes
  • View: Lake
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Block, Wood Frame, Painted, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Property Condition: Complete Spec Home
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Direct Access
  • Attached Garage: No
  • Garage Spaces: 4.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Community Spa Htd, Gated, Tennis Court(s), Racquetball, Playground, Biking/Walking Path, Clubhouse, Pickleball
  • Association #2 Fee: 158.11
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 169.15
  • Association Fee Frequency: Monthly
  • Association: ValVistaLakes HOAMCO
  • Association Name: WestLake Estates GUD
  • Association Phone #2: 480-926-9693
  • Phone: 480-635-1133
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 2029.81
  • Association Fees:Disclosure Fees HOA: 277.0
  • Association Fees:Other Fees HOA: 185.0
  • Association Fees:Other Fees Description: New Owner Fee $185
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Prepaid Association Fees HOA 2: 158.11
  • Association Fees:Disclosure Fees HOA 2: 200.0

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Val Vista Lakes Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14244.0
  • Parcel #: 304-96-738

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 9633.0
  • Tax Book Number: 304.0
  • Tax Lot: 49
  • Tax Map Number: 96.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,633 $112,706 -- --
2024 $9,307 $107,339 -- --
2023 $9,307 $127,010 $25,400 $101,610
2022 $9,035 $97,360 $19,470 $77,890
2021 $9,557 $94,510 $18,900 $75,610
2020 $9,778 $93,350 $18,670 $74,680
2019 $9,401 $92,220 $18,440 $73,780
2018 $9,570 $94,410 $18,880 $75,530
2017 $9,237 $91,800 $18,360 $73,440
2016 $9,486 $90,500 $18,100 $72,400
2015 $8,597 $92,800 $18,560 $74,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2026 05/13/26 Price Changed $1,885,000 -10.2% $329 / Sq Ft
04/27/2026 04/27/26 Price Changed $2,100,000 -8.7% $366 / Sq Ft
04/15/2026 04/15/26 For Sale $2,299,999 -- $401 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity Natl Ttl Agcy Inc
Warranty Deed $800,000 First American Title
Cash Sale Deed $134,900 Security Title Agency
Cash Sale Deed $108,000 Security Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $350,300 New Conventional
Closed $600,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7010987

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-96-738

Arizona Maricopa County Gilbert 85234 Val Vista

1318 E Treasure Cove Dr, Gilbert, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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