1318 E Treasure Cove Dr Gilbert, AZ 85234
Val Vista NeighborhoodEstimated payment $13,324/month
Highlights
- Heated Spa
- Waterfront
- Clubhouse
- Val Vista Lakes Elementary School Rated A-
- 0.33 Acre Lot
- Fireplace in Primary Bedroom
About This Home
Welcome to Treasure Cove, an exceptional lakefront BASEMENT home offering 5 bedrooms, 4.5 bathrooms, and 5,731 sqft of thoughtfully designed living in one of Gilbert's most sought-after communities.
Experience true Arizona resort-style living in your own backyard, complete with a negative-edge pool and spa, built-in BBQ, sunken fireplace, outdoor shower, and private dock with direct lake access. Whether it's kayaking at sunrise, paddleboarding in the afternoon, or unwinding with sunset views over the water, this home delivers a lifestyle few can match.
Inside, you're welcomed by soaring ceilings and an expansive open-concept layout designed for both everyday living and elevated entertaining. The spacious great room flows seamlessly into the kitchen, featuring granite countertops, abundan cabinetry, and generous prep space. A double-door den offers flexibility as a private office or optional sixth bedroom.
The oversized primary suite is a true retreat, showcasing serene lake views, a cozy fireplace, spa-inspired ensuite bath, and a spacious walk-in closet.
Downstairs, the fully finished basement expands your living options with a full kitchen, two additional bedrooms, a full bathroom, fireplace, and its own private entrance--ideal for multi-generational living, guests, or extended stays. Enhancing convenience between levels, the home also features a built-in dumbwaiter, allowing for effortless transport of laundry, groceries, meals, or everyday essentials between the basement and main kitchen.
Located within the prestigious Val Vista Lakes community, residents enjoy access to world-class amenities including a multi-million-dollar clubhouse, sandy beach lagoon, tennis and pickleball courts, a fitness center, heated Olympic-style pool and spa, and scenic walking and biking trails, all surrounded by lush, waterfront beauty.
This is more than a home, it's a lifestyle.
A rare opportunity to own lakefront living in one of Gilbert's premier master-planned communities.
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
- Interior and Exterior Basement Entry
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2026 04/15/26 | For Sale | $2,299,999 | -- | $401 / Sq Ft |
Purchase History
| 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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,300 | New Conventional | |
| Closed | $600,000 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7010987
APN: 304-96-738
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.
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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Ask me questions while you tour the home.