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1418 W CORAL REEF Drive
Gilbert, AZ 85233
today NEW · Active
$579,000
$235 / Sqft
3
Beds
3
Baths
2
Garage
2,459
Sqft
0.05
Acres
MLS# 7098337
Cumulative Days on Market: 2 · Includes prior listings · Currently listed since 10/25/26 · Data provided by the MLS.

Property Description

LAKEFRONT LUXURY LIVING in the Coveted Master Planned Lake Community of
The Islands. When your Backyard is a Lake...everyday feels like a stay-cation!
ROOF- RECOATED IN 2024 / 2 NEWER ACs 2019 / 2025 / WHOLE HOUSE H20 CONDITIONER-PURIFIER. KITCHEN and BATHS UPDATED- SPARKLING WHITE CABINETRY -HARDWARE / LIGHTS / GORGEOUS QUARTZ COUNTERS and STAINLESS APPLIANCES.
Enjoy the space (nearly 2500sqft) of a single-family home and pool without its upkeep! Wonderful Open and Bright Floorplan allowing for 3 Bedroom + Den + Loft / Bonus room plus plenty of Storage and Garage Space. Beautiful views of both the Lake and the Community Pool. If you'd enjoy boating, kayaking, fishing and incredible Sunsets--this is the place for you! Bonus: Only 2mi. to hopping Downtown Gilbert! See Photos!

Property Highlights

Property Type
Residential
Property Sub Type
Townhouse
Architectural Style
Contemporary
Bedrooms
3
Total Bathrooms
3
Acres
0.05
Year Built
2001
Cumulative Days on Market
2

Location

City/Township
Gilbert
Waterfront
Yes
View
Lake
Subdivision
TOWNHOMES ON CORAL REEF
County
Maricopa

Property Details

Price
$579,000
Property Type
Residential
Property Sub Type
Townhouse

Building

Stories
2
Total Area
2,459

Community

Community Features
Pool, Lake, Biking/Walking Path

Local Schools

Elementary School
Islands Elementary School
Middle School
Mesquite Jr High School
High School
Mesquite High School
School District
Gilbert Unified District

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
3
Full Bathrooms
3
Bedrooms
3
Additional Bedroom
Master Bedroom Sitting Room, Master Bedroom Walk-in Closet, Separate Bedroom Exit
Other Rooms
Family Room, Great Room, Loft

Appliances

Appliances
Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Electric Range, Electric Oven, Water Purifier

Interior Features

Interior Features
Quartz Countertops, High Speed Internet, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
Flooring
Carpet, Tile
Laundry Features
Inside
Accessibility Features
Accessible Hallway(s)
Window Features
Screens, Dual Pane
Security Features
Fire Sprinkler System

Heating and Cooling

Heating Features
Zoned, Electric
Cooling Included
Yes

Building Details

Construction

Architectural Style
Contemporary
Builder
Homes by Roman
Year Built
2001
Common Walls
2+ Common Walls

Materials

Construction Materials
Stucco, Wood Frame
Roof
Tile, Built-Up, Foam

Terms

Terms

Ownership
Fee Simple
Disclosures
Agency Discl Req, Seller Discl Avail
Special Conditions
N/A
Special Terms
VA Loan, Cash, Conventional, 1031 Exchange, FHA
Cumulative Days on Market
2

Taxes

Tax

Tax (Annual)
$2,433

HOA

Has HOA
Yes
Association Fee
$230.94 /mo
Association Fee2
401.81 /6mo
Association Fee Includes
Insurance, Pest Control, Maintenance Grounds, Front Yard Maint, Maintenance Exterior

Heating, Cooling & Utilities

Cooling Features
Central Air, Ceiling Fan(s), Programmable Thmstat

Utilities

Sewer
Public Sewer, Sewer in & Cnctd
Water Source
Public

Lot

Acres
0.05
Lot Size
2,182
Lot Size Area Sq Ft
2,182
Lot Features
North/South Exposure, Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back

Exterior Features

Exterior Features
Balcony, Balcony, Patio
Patio And Porch Features
Patio
Fencing
Back Yard, Partial

Parking

Garage Capacity
2
Covered Spaces
2
Parking Features
Attached Garage, Garage Door Opener, Direct Access

Pool Features

Spa Features
None
Listed by West USA Realty, 602-942-4200
Listing Data last updated 10/25/2026 01:00 am
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Property History

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Property information last updated
Today
Status Active. This is the most recent date the listing was placed on market.
Cumulative Days on Market: 2 days (includes prior listings) · Currently listed since October 25, 2026. Data provided by the MLS.

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