NOT LISTED FOR SALE

1507 E Treasure Cove Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $1,469,314 - $1,618,000

4 Beds
3.5 Baths
3,633 Sq Ft
$434/Sq Ft Est. Value

Sale Details

Date Sold: January 19, 2026

Last sale price $1,610,000 $443 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,316 / mo

216 Days on Market

Highlights

  • Fitness Center
  • Heated Spa
  • Waterfront
  • Val Vista Lakes Elementary School Rated A-
  • Reverse Osmosis System
  • 0.33 Acre Lot

About This Home

As of January 2026

Waterfront Luxury • Motivated Seller - Bring Your Offer! Live the lakefront lifestyle in this beautifully remodeled single-level home in Val Vista Lakes, Gilbert. Enjoy panoramic water views, an open-concept layout, and an updated chef's kitchen with custom cabinets and premium appliances, oversized island, and custom wine area. Updated Wood and Stone flooring throughout add elegance. Upgrades also include a redesigned laundry room, custom pantry for optimal storage and much more. Each bedroom has its own updated en-suite bathroom. The spacious primary suite opens to the patio and features a spa-style bath and walk-in closet. Step outside to your private dock, covered patio, and lush yard leading to the lake. Community amenities include pool, tennis, fitness center, and clubhouse.(( 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.

Last Agent to Sell the Property

Ranbir - Bobbie Saini

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

HomeSmart

Last Buyer's 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

  • 14,323 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Private Streets
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,633 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Wired For Sound
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room

Kitchen

  • Kitchen Updated in 2024
  • Built-In Oven
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Floors Updated in 2024
  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathroom Updated in 2024
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • Bidet
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer Hookup

Accessible Home Design

  • Grab Bar In Bathroom
  • No Interior Steps

Eco-Friendly Details

  • North or South Exposure

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
  • Water Softener is Owned
  • 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
  • Secondary HOA Phone (480) 994-4479
  • Built by CUSTOM
  • West Lake Estates Subdivision

Amenities

  • Clubhouse
  • Community Media Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,856

Year Built

Built in 1995

Lot Details

0.33 Acres

HOA Fees

$312 per month

Parking

3

Listing Details

  • Cross Street: VAL VISTA & BASELINE
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Transfer Fee: 250.0
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 312.34
  • 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
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.33
  • Subdivision Name: WEST LAKE ESTATES
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 443.15
  • Special Features: None

Interior Features

  • Flooring: Stone, Tile, Wood
  • Basement YN: No
  • Possible Use: Ranch
  • Spa Features: Private, Heated
  • Appliances: Dishwasher, Disposal, Refrigerator, Reverse Osmosis, Gas Oven, Gas Range, Water Softener Owned
  • Accessibility Features: Bath Grab Bars
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, 2 Master Baths, Bidet, Pantry, Kitchen Island, Granite Counters, High Speed Internet, Vaulted Ceiling(s), 9+ Flat Ceilings, Central Vacuum, No Interior Steps
  • Living Area: 3633.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s), Built-in Barbecue
  • Lot Features: Waterfront Lot, Cul-De-Sac, North/South Exposure, 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: Seller Discl Avail, Agency Discl Req
  • Construction Type: Wood Frame, Stucco
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Tile

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Community Spa, Community Spa Htd, Gated, Tennis Court(s), Racquetball, Playground, Biking/Walking Path, Clubhouse, Community Media Room, Fitness Center, Pickleball
  • 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 DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 100.0
  • 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: 310.98
  • Association Fees:Disclosure Fees HOA: 275.0
  • Association Fees:HOA Management Company: GUD Community
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Disclosure Fees HOA 2: 100.0
  • 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: 304.0
  • Tax Lot: 25
  • Tax Map Number: 96.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2025
Closed on
Jan 7, 2026
Sold by
Lal Vishal and Lal Rima
Bought by
Swanson Mark D and Swanson Cindy S
Seller's Agent
Ranbir - Bobbie Saini
HomeSmart
Buyer's Agent
Ranbir - Bobbie Saini
HomeSmart
List Price
$1,899,000
Sold Price
$1,610,000
Premium/Discount to List
-$289,000
-15.22%
Views
100
Current Estimated Value
$1,575,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,671
Avg. Annual Appreciation
-7.23%

Purchase Details

Listed on
Aug 30, 2023
Closed on
Dec 7, 2023
Sold by
Cook Gregory J and Cook Catherine M
Bought by
Lal Vishal and Lal Rima
Seller's Agent
Laura Wals
Call Realty, Inc.
Buyer's Agent
Ranbir - Bobbie Saini
HomeSmart
List Price
$1,595,000
Sold Price
$1,475,000
Premium/Discount to List
-$120,000
-7.52%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%

Purchase Details

Closed on
Jul 16, 2021
Sold by
Ekdom Julie A and Ellis Susan C
Bought by
Cook Gregory J and Cook Catherine M

Purchase Details

Listed on
Jan 21, 2016
Closed on
Mar 4, 2016
Sold by
Wardrop Daniel L
Bought by
Ekdom Julie A and Ellis Susan C
Seller's Agent
Timothy Flaherty
Mesa Verde Real Estate
Buyer's Agent
Peter Merten
Realty ONE Group
List Price
$775,000
Sold Price
$762,500
Premium/Discount to List
-$12,500
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Sep 13, 2001
Sold by
Wardrop Glenn A
Bought by
Wardrop Glenn A and Wardrop Pauline G

Purchase Details

Closed on
Mar 2, 2000
Sold by
Westenhaver Doug
Bought by
Wardrop Glenn A and Wardrop Pauline G

Purchase Details

Closed on
Feb 20, 1996
Sold by
Peterson Wayne
Bought by
Westenhaver Doug and Westenhaver Joan
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Swanson Mark D $1,610,000 Security Title Agency
Lal Vishal $1,475,000 Security Title Agency
Cook Gregory J $1,112,500 First American Title Ins Co
Ekdom Julie A $762,500 Stewart Title
Wardrop Glenn A -- --
Wardrop Glenn A $500,000 Chicago Title Insurance Co
Westenhaver Doug $472,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2026 01/19/26 Sold $1,610,000 -4.7% $443 / Sq Ft
10/28/2025 10/28/25 Price Changed $1,689,000 -4.5% $465 / Sq Ft
09/10/2025 09/10/25 Price Changed $1,769,000 -6.8% $487 / Sq Ft
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 View Prior Sale
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 View Prior Sale
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)

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 $7,141 $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

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6860243

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-96-118

Your Personal Tour Guide

Ask me questions while you tour the home.