$1,899,000
$100K PRICE DROP

1507 E Treasure Cove Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated payment $11,210/month

Total Views 5,577
3 Beds
3.5 Baths
3,633 Sq Ft
$523 Price per Sq Ft

Highlights

  • Fitness Center
  • Heated Spa
  • Waterfront
  • Val Vista Lakes Elementary School Rated A-
  • Gated Community
  • 0.33 Acre Lot

About This Home

Experience lakeside living at its finest in this impeccably remodeled single-level home, nestled in the prestigious Val Vista Lakes community in Gilbert, AZ. Offering breathtaking waterfront views, combined with luxury and tranquil charm.

An open-concept living space flooded with natural light, highlighting serene lake views. The heart of the home is the gourmet kitchen, which has been beautifully upgraded to include state-of-the-art appliances, refined countertops, and an oversized island perfect for culinary creativity and casual gatherings. A newly added wine fridge and dedicated wine area elevates the space! Throughout the home, updated WOOD and STONE flooring adds sophistication to every room. The primary suite offers stunning lake views and access to the outdoor patio. Its en-suite bathroom features dual vanities, a soaking tub, a glass-enclosed shower, and a spacious walk-in closet. Each additional bedroom comes with its own updated bathroom.

Enhancements include a remodeled laundry room with sleek new countertops and a custom-designed pantry for optimal storage. These thoughtful updates, along with numerous others, contribute to the home's appeal and functionality.

Outside, the covered patio offers an unbeatable view of the lake, creating the perfect spot for relaxation or hosting guests. The landscaped yard gently leads to the water's edge, complete with a dock that connects you to the tranquil surroundings. Additionally $13k in blinds replaced in 2021.

As part of the Val Vista Lakes community, enjoy access to first-class amenities, including a sparkling pool, a fitness center, tennis courts, and a welcoming clubhouse. The lush landscaping and meandering waterways perfectly complement the lakeside

Listing Agent

Ranbir - Bobbie Saini

HomeSmart License #SA673504000 Listed on: 05/03/2025

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,856

Year Built

  • Built in 1995

Lot Details

  • 0.33 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,633 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Kitchen Updated in 2024
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2024
  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Updated in 2024
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Bidet
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Grab Bar In Bathroom
  • No Interior Steps

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 304-96-118

Community Details

Overview

  • Association fees include street maintenance
  • Hoamco Association, Phone Number (480) 635-1133
  • West Lakes Estate Association, Phone Number (480) 994-4479
  • Association Phone (480) 994-4479
  • Built by CUSTOM
  • West Lake Estates Subdivision
  • Community Lake

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,856

Year Built

Built in 1995

Lot Details

0

HOA Fees

$312 per month

Parking

3

Listing Details

  • Cross Street: VAL VISTA & BASELINE
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: West LAKES Estate
  • HOA #2 Phone Number: 480-994-4479
  • HOA #2 Transfer Fee: 250.0
  • 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: 312.34
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2024
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2024
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2024
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2024
  • Directions: From intersection: South on Baseline, West on lakeside/Coral Cove Dr (West lake front gate), Rt upon gated entry on Treasure Cove , follow curve to address. Home is on the left!
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.33
  • Subdivision Name: WEST LAKE ESTATES
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 1882.15
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Tile, Wood
  • Basement YN: No
  • Possible Use: Ranch
  • Spa Features: Heated, Private
  • Accessibility Features: Bath Grab Bars
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, 2 Master Baths, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3633.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Pickleball Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s), Built-in Barbecue
  • Lot Features: Waterfront Lot, Cul-De-Sac, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Heated
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Pickleball, Lake, Gated, Community Spa, Community Spa Htd, Community Media Room, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association #2 Fee: 155.49
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 1882.15
  • Association Fee Frequency: Annually
  • Association: West LAKES Estate
  • Association Name: The Val Vista Lakes
  • Association Phone #2: 480-994-4479
  • Phone: 480-635-1133
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: The Val Vista Lakes
  • Association Fees:HOA Telephone4: 480-635-1133
  • 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: 310.98
  • Association Fees:Disclosure Fees HOA: 275.0
  • Association Fees:HOA Management Company: GUD Community
  • 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: 100.0
  • Association Fee Incl:Street Maint: Yes
  • Association Fees:HOA Management Company 2: HOAMCO

Fee Information

  • Association Fee Includes: 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 Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14323.0
  • Parcel #: 304-96-118

Building Info

  • Builder Name: CUSTOM

Tax Info

  • Tax Annual Amount: 6856.0
  • Tax Book Number: 304.00
  • Tax Lot: 25
  • Tax Map Number: 96.00

Map

Range of Values:

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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 $6,856 $85,259 -- --
2024 $6,894 $81,199 -- --
2023 $6,894 $97,100 $19,420 $77,680
2022 $6,688 $73,650 $14,730 $58,920
2021 $6,994 $70,660 $14,130 $56,530
2020 $7,086 $69,130 $13,820 $55,310
2019 $6,572 $67,020 $13,400 $53,620
2018 $6,375 $66,930 $13,380 $53,550
2017 $6,146 $64,430 $12,880 $51,550
2016 $6,317 $63,030 $12,600 $50,430
2015 $5,707 $63,670 $12,730 $50,940
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $1,899,000 0.0% $523 / Sq Ft
07/31/2025 07/31/25 Off Market $1,899,000 -- --
06/05/2025 06/05/25 Price Changed $1,899,000 -5.0% $523 / Sq Ft
05/03/2025 05/03/25 For Sale $1,999,000 +35.5% $550 / Sq Ft
12/07/2023 12/07/23 Sold $1,475,000 -7.5% $406 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/11/2023 10/11/23 Price Changed $1,595,000 0.0% $439 / Sq Ft
10/11/2023 10/11/23 For Sale $1,595,000 -2.4% $439 / Sq Ft
09/29/2023 09/29/23 Off Market $1,635,000 -- --
09/20/2023 09/20/23 Price Changed $1,635,000 -3.3% $450 / Sq Ft
09/09/2023 09/09/23 Price Changed $1,690,000 -3.4% $465 / Sq Ft
08/30/2023 08/30/23 For Sale $1,750,000 +129.5% $482 / Sq Ft
03/10/2016 03/10/16 Sold $762,500 -1.6% $210 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $775,000 -- $213 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,475,000 Security Title Agency
Warranty Deed $1,112,500 First American Title Ins Co
Cash Sale Deed $762,500 Stewart Title
Interfamily Deed Transfer -- --
Cash Sale Deed $500,000 Chicago Title Insurance Co
Cash Sale Deed $472,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $400,000 Credit Line Revolving
Previous Owner $400,400 Credit Line Revolving
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6860243

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-96-118