RENTED JUL 21, 2025

1501 E Treasure Cove Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $1,856,000 - $2,217,000

6 Beds
4.5 Baths
5,137 Sq Ft
$392/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $950,000 $185 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $11,285/month

Highlights

  • Fitness Center
  • Heated Pool
  • Gated Community
  • Val Vista Lakes Elementary School Rated A-
  • RV Gated
  • Waterfront

About This Home

As of July 2025

Equisitely UNIQUE and very rare WATERFRONT tropical luxury estate located in the very prestigeous West Lake Estates, the ''Crown Jewel'' of Val Vista Lakes! This tri level 6 bedroom, 4 1/2 baths home sits on the best lot in the community with absolutely stunning 180 degree lake views! Every day living here is like being in 5 star resort in Paradise. Some of other best features are: Gourmet Chef's kitchen with gas cooktop, stainless steel appliances, double ovens, polished travertine floors, a basement with 3 additional bedrooms, 2 fireplaces, 3 car garage, huge negative edge pool and spa overlooking the lake and lush landsaping. Also included is use of the $15 mil Clubhouse! This is the perfect location, close to the US-60 and Dana Park shopping and restaurants. Hurry, wont last! Minimum of 1 year lease. Must credit and income qualify. Listing agent is not the property manager.

Last Agent to Rent the Property

Jon Cooper

Cooper Premier Properties LLC License #BR585120000 Listed on: 06/16/2025

Last Renter's Agent

Stephen Villabona

PADLAB License #BR642815000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 0.54 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Detached Garage
  • RV Gated

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,137 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue
  • Playground

Schools

  • Val Vista Lakes Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 6/21/25
  • $59 Move-In Fee
  • Rent includes pool service - full
  • 12-Month Minimum Lease Term
  • $59 Application Fee
  • Tax Lot 28
  • Assessor Parcel Number 304-96-121

Community Details

Overview

  • Property has a Home Owners Association
  • The West Lake Estate Association, Phone Number (480) 539-1396
  • Built by Custom unknown
  • West Lake Estates Subdivision, Custom Floorplan
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Racquetball
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Parking

3

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Pool Service - Full
  • Available Date: 2025-06-21

Listing Details

  • Cross Street: Val Vista and Baseline
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1997
  • Rental Info H O A Name: The West Lake Estate
  • Non Assistive Animals: Yes
  • Initial Move In Costs Application Fee: 59.0
  • Lease Term Minimum Lease Term Months: 12
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.54
  • Subdivision Name: WEST LAKE ESTATES
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Community Features:Community Spa2: Yes
  • Community Features:Pickleball: Yes
  • Water Source City Water2: Yes
  • Fireplace Features Fireplace Family Rm2: Yes
  • Fireplace Features Fireplace Living Rm2: Yes
  • Community Features Racquetball: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: Yes
  • Furnished: Unfurnished
  • Spa Features: Private
  • Appliances: Electric Cooktop, Gas Cooktop
  • Total Bedrooms: 6
  • Fireplace Features: Fireplace Living Rm, Fireplace Family Rm, 2 Fireplaces
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 5137.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Playground, Built-in BBQ, Balcony, Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Cul-De-Sac, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Built-in BBQ2: Yes
  • Exterior Features:Private Street(s): Yes
  • Exterior Features Playground: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, RV Gate, Detached Garage, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric, Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Pickleball, Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Association Name: The West Lake Estate
  • Phone: 480-539-1396
  • Association: Yes
  • Pets Allowed: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 23448.0
  • Parcel #: 304-96-121

Building Info

  • Builder Name: Custom unknown

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 28
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2025
Sold by
Eldaye Andrew
Bought by
1501 E Treasure Cove Llc
Current Estimated Value
$2,012,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,645,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2025
Sold by
1501 E Treasure Cove Drive Llc
Bought by
Eldaye Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,645,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2021
Sold by
Eldaye Andrew
Bought by
1501 E Treasure Cove Drive Llc

Purchase Details

Listed on
Jun 16, 2020
Closed on
May 22, 2020
Sold by
Kielbus Slawomir
Bought by
Eldaye Andrew
Seller's Agent
Jessica Wyman
SGI Property Mngmnt/Real Estate
Buyer's Agent
Jessica Wyman
SGI Property Mngmnt/Real Estate
Sold Price
$5,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,212,000
Interest Rate
3.3%
Mortgage Type
Unknown

Purchase Details

Listed on
Jun 16, 2020
Closed on
May 21, 2020
Sold by
Elkhoury Caline
Bought by
Eldaye Andrew
Seller's Agent
Jessica Wyman
SGI Property Mngmnt/Real Estate
Buyer's Agent
Jessica Wyman
SGI Property Mngmnt/Real Estate
Sold Price
$5,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,212,000
Interest Rate
3.3%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 30, 2017
Closed on
Mar 27, 2017
Sold by
Nguyen Diep Thi
Bought by
Kielbus Slawomir
Seller's Agent
Kristin Gragg
Real Broker
Buyer's Agent
Case Hague
Elite Partners
List Price
$940,000
Sold Price
$950,000
Premium/Discount to List
$10,000
1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%

Purchase Details

Closed on
Sep 2, 2008
Sold by
Nguyen Diep Thi
Bought by
Nguyen Diep Thi and The Nguyen Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2005
Sold by
Nguyen Hoa Q
Bought by
Nguyen Hoa Qui and Nguyen Diep Thi

Purchase Details

Closed on
Jun 7, 2002
Sold by
Iorio Louis
Bought by
Nguyen Hoa Q and Nguyen Diep Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.86%

Purchase Details

Closed on
Nov 22, 1997
Sold by
Iorio Louis
Bought by
Iorio Louis and Martinez Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,000
Interest Rate
7.87%

Purchase Details

Closed on
May 20, 1996
Sold by
Wheeler Robert R
Bought by
Iorio Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
9.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 1995
Sold by
Manchester Farming Enterprises Inc
Bought by
Wheeler Robert R and Wheeler Betty R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1501 E Treasure Cove Llc -- None Listed On Document
Eldaye Andrew -- None Listed On Document
1501 E Treasure Cove Drive Llc -- Chicago Title
Eldaye Andrew $1,212,000 Chicago Title Agency Inc
Eldaye Andrew -- Chicago Title Agency
Kielbus Slawomir $950,000 Security Title Agency Inc
Nguyen Diep Thi -- Landamerica Title Agency
Nguyen Diep Thi -- Landamerica Title Agency
Nguyen Hoa Qui -- --
Nguyen Hoa Q -- First American Title Ins Co
Iorio Louis -- Ati Title Agency
Iorio Louis $168,000 Security Title
Wheeler Robert R $150,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eldaye Andrew $1,645,000
Previous Owner Eldaye Andrew $1,212,000
Previous Owner Nguyen Diep Thi $417,000
Previous Owner Nguyen Hoa Q $620,000
Previous Owner Iorio Louis $493,000
Previous Owner Iorio Louis $100,800
Previous Owner Wheeler Robert R $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2025 07/21/25 Rented $7,500 -6.2% --
06/16/2025 06/16/25 For Rent $7,995 +3.9% --
09/12/2024 09/12/24 Rented $7,695 0.0% --
08/17/2024 08/17/24 For Rent $7,695 -11.5% --
04/20/2022 04/20/22 Rented $8,695 0.0% --
03/30/2022 03/30/22 Price Changed $8,695 -3.4% $2 / Sq Ft
03/11/2022 03/11/22 For Rent $9,000 +50.0% --
07/09/2020 07/09/20 Rented $5,999 0.0% --
06/17/2020 06/17/20 Under Contract -- -- --
06/16/2020 06/16/20 For Rent $5,999 0.0% --
03/30/2017 03/30/17 Sold $950,000 +1.1% $185 / Sq Ft View Prior Sale
03/30/2017 03/30/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $940,000 -- $183 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $10,004 $110,183 -- --
2024 $9,685 $104,936 -- --
2023 $9,685 $121,730 $24,340 $97,390
2022 $9,419 $95,180 $19,030 $76,150
2021 $9,928 $92,380 $18,470 $73,910
2020 $10,118 $91,010 $18,200 $72,810
2019 $9,099 $89,430 $17,880 $71,550
2018 $8,870 $90,480 $18,090 $72,390
2017 $8,560 $87,630 $17,520 $70,110
2016 $8,792 $85,900 $17,180 $68,720
2015 $7,964 $87,420 $17,480 $69,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6880724

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-96-121