$3,500,000

1502 E Treasure Cove Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated payment $19,775/month

Total Views 4,304
7 Beds
8.5 Baths
7,255 Sq Ft
$482 Price per Sq Ft

Highlights

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

About This Home

Boasting 311 linear feet of waterfront, this property offers expansive shoreline views and direct access to the water—an exceptional opportunity for those seeking a true waterfront lifestyle. Experience lakefront luxury in the exclusive gated community of West Lake Estates at Val Vista Lakes. This modern contemporary estate offers 7 bedrooms, 8.5 bathrooms, and a 3-car garage on an oversized corner lot with captivating water views. A grand entry foyer with soaring ceilings welcomes you to interiors featuring tall bay windows framing breathtaking lake views, herringbone tile flooring, plantation shutters, quartz countertops, a waterfall island, Wolf appliances, and three Sub-Zero refrigerators—one in the kitchen and two in the catering room. Designed for refined living, the home includes a built-in projector screen. Outdoors, enjoy year-round outdoor living with a circular driveway in front, saltwater pool and swim-up bar, outdoor kitchen, firepits, gazebo, outdoor bathroom, misting and heating systems, and remote-controlled shadesall overlooking the tranquil lake. Premier location near freeways and upscale shopping and dining at Dana Park.

Listing Agent

Mary Wolf-Breen

Russ Lyon Sotheby's International Realty License #SA655993000 Listed on: 10/27/2025

Russ Lyon Sotheby's International Realty

Co-Listing Agent

Janet Riley-Kordower

Russ Lyon Sotheby's International Realty License #SA71784800

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,927

Year Built

  • Built in 1988

Lot Details

  • 0.57 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Private Streets
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Garage
  • 8 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Cellulose Insulation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 7,255 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Solar Screens
  • Family Room with Fireplace
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Gas Oven
  • Gas Cooktop
  • Built-In Microwave
  • Sub-Zero Refrigerator
  • Wolf Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 8.5 Bathrooms
  • Bathtub With Separate Shower Stall

Eco-Friendly Details

  • North or South Exposure

Pool

  • Heated Pool
  • Spa
  • Pool Pump

Outdoor Features

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

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 304-96-122

Community Details

Overview

  • Association fees include ground maintenance
  • Val Vista Lakes Association, Phone Number (480) 551-4300
  • West Lake Estates Association, Phone Number (480) 339-8793
  • Association Phone (480) 339-8793
  • Built by Custom
  • West Lake Estates Subdivision
  • Community Lake

Recreation

  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,927

Year Built

Built in 1988

Lot Details

0

HOA Fees

$556 per month

Parking

3

Listing Details

  • Cross Street: Baseline and Val Vista
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: West Lake Estates
  • HOA #2 Phone Number: 480-339-8793
  • HOA #2 Transfer Fee: 185.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 556.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 8.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1988
  • Spa Private: Yes
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.57
  • Co List Office Mls Id: lyon24
  • Co List Office Phone: 480-750-7424
  • Subdivision Name: WEST LAKE ESTATES
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 482.43
  • Association Fees:HOA Fee2: 436.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Kitchen Features Built-In Gas Oven2: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Private
  • Appliances: Gas Cooktop, Built-In Gas Oven
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Elevator, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 7255.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Pickleball Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Exterior Features: Misting System, Private Street(s), Storage, Built-in Barbecue
  • Lot Features: North/South Exposure, Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated
  • Pool Private: Yes
  • View: Lake
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Blown Cellulose, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Construction:Blown Cellulose: Yes
  • Exterior Features:Misting System: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Circular Driveway, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 8.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pickleball, Lake, Gated, Community Spa Htd, Playground, Biking/Walking Path, Fitness Center
  • Association #2 Fee: 120.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 436.0
  • Association Fee Frequency: Monthly
  • Association: West Lake Estates
  • Association Name: Val Vista Lakes
  • Association Phone #2: 480-339-8793
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Val Vista Lakes
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 375.0
  • Association Fees:Other Fees HOA: 200.0
  • Association Fees:Other Fees Description: 0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Disclosure Fees HOA 2: 250.0

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24659.0
  • Parcel #: 304-96-122

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 9927.0
  • Tax Book Number: 304.00
  • Tax Lot: 29
  • Tax Map Number: 96.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $10,330 $120,381 -- --
2024 $9,981 $114,649 -- --
2023 $9,981 $133,950 $20,630 $113,320
2022 $9,691 $103,990 $16,020 $87,970
2021 $10,232 $100,790 $15,520 $85,270
2020 $10,331 $98,320 $15,140 $83,180
2019 $9,942 $97,210 $14,970 $82,240
2018 $9,782 $99,260 $15,290 $83,970
2017 $9,442 $96,660 $14,890 $81,770
2016 $9,696 $96,000 $14,790 $81,210
2015 $8,788 $97,930 $15,080 $82,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2025 10/27/25 For Sale $3,500,000 -- $482 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Nextitle
Warranty Deed $900,000 Nextitle
Interfamily Deed Transfer -- Grand Canyon Title Agency In
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $647,000 Fidelity National Title
Warranty Deed $599,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $765,000 Adjustable Rate Mortgage/ARM
Previous Owner $417,000 Adjustable Rate Mortgage/ARM
Previous Owner $517,000 Purchase Money Mortgage
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6939176

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-96-122