1318 E TREASURE COVE Drive
Gilbert, AZ 85234
Val Vista Lakes
6 Beds
4.5 Baths
5,731 sqft (on 0.33 acres)
6 Beds
4.5 Baths
5,731 sqft
(on 0.33 acres)
Local Information
- Map ViewExplore the area around 1318 E TREASURE COVE Drive.
- Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
- Shop & Eat
-- mins to
Description
Waterfront BASEMENT home in West Lake Estates. This is a combination almost impossible to find in Gilbert. 5,731 sqft, 6 bed, 4.5 bath, private dock and direct lake access. The lot is exceptional, the floor plan is rare, and the lifestyle is real. Bring your vision. Main level: soaring ceilings, open great room, granite kitchen, double-door den (or 6th bed), and a primary suite with lake views, fireplace, and spa ensuite. The backyard delivers: negative-edge pool & spa, built-in BBQ, sunken fireplace, outdoor shower, and a private dock for kayaking or paddleboarding at sunrise. Basement: fully finished with a complete second kitchen, 2 bedrooms, full bath, fireplace, and its own private entrance, purpose-built for multi-generational living, guests, or serious rental potential. A built-in dumbwaiter connects both levels. Val Vista Lakes amenities include a clubhouse, sandy beach lagoon, tennis, pickleball, fitness center, heated Olympic pool, and waterfront trails. One of the most coveted communities in the East Valley and this is one of its rarest homes. Investor, remodeler, or lifestyle buyer the bones, the lot, and the lake are all here. This is the ONE!
Open House
Saturday, July 11
12:00 PM to 2:00 PM
Sunday, July 12
11:00 AM to 2:00 PM
Home Highlights
Parking
Garage
Outdoor
Patio, Pool
A/C
Heating & Cooling
HOA
$169/Monthly
Price/Sqft
$323
Listed
85 days ago
Home Details for 1318 E TREASURE COVE Drive
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Interior Details Basement: Walk-Up Access,Interior Entry,Exterior Entry,Walk-Out Access,Finished,Full |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 5731 Square Feet |
Appliances & Utilities Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Cooktop, Built-In Electric OvenDishwasherDisposalDryerLaundry: InsideRefrigeratorWasher |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),Programmable ThmstatHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Number of Fireplaces: 3Fireplace: Other, Family Room, Master Bedroom, GasSpa: Heated, Private, BathHas a FireplaceHas a Spa |
Windows, Doors, Floors & Walls Window: Skylight(s), Solar ScreensFlooring: Carpet, Tile |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Floors: Carpet, Tile |
View Has a ViewView: Lake |
Security Security: Security System Owned |
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Exterior Home Features Roof: TilePatio / Porch: Covered, PatioFencing: BlockExterior: Private Street(s), Storage, Built-in BarbecueFoundation: SlabHas a Private Pool |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageParking Spaces: 4Parking: Garage Door Opener,Direct Access,Attch'd Gar Cabinets |
Pool Pool: Outdoor Pool, Play PoolPool |
Frontage WaterfrontWaterfront: WaterfrontResponsible for Road Maintenance: City Maintained RoadRoad Surface Type: AsphaltOn Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 84Days on Market: 85 |
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Year Built Year Built: 1996 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Stucco, Wood Frame, Painted, BlockNot a New ConstructionNot Attached Property |
Property Information Condition: Complete Spec HomeUsage of Home: NoneParcel Number: 30496738 |
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Price List Price: $1,850,000Price Per Sqft: $323 |
Status Change & Dates Possession Timing: By Agreement |
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MLS Status: Active |
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Direction & Address City: GilbertCommunity: WEST LAKE ESTATES 2 LOT 41-66 T A-C P-1A |
School Information Elementary School: Val Vista Lakes Elementary SchoolElementary School District: Gilbert Unified DistrictJr High / Middle School: Greenfield Elementary SchoolHigh School: Gilbert High SchoolHigh School District: Gilbert Unified District |
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Listing Agent Listing ID: 7010987 |
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Building Area Building Area: 5731 Square Feet |
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Community Features: Racquetball, Pickleball, Lake, Gated, Community Spa Htd, Tennis Court(s), Playground, Biking/Walking Path |
Other Playground |
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HOA Fee Includes: Maintenance Grounds, Street MaintHOA Name: WestLake Estates GUDHOA Phone: 480-635-1133HOA Phone (alt): 480-926-9693HOA Name (second): ValVistaLakes HOAMCOHOA Fee (second): 158.11HOA Fee Frequency (second): MonthlyHas an HOAHOA Fee: $169/Monthly |
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Lot Area: 0.33 acres |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Energy Efficiency Features: Multi-Zones |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 7010987Water ViewWater View: Lake |
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RacquetballPickleballLakeGatedCommunity Spa HtdTennis Court(s)PlaygroundBiking/Walking Path |
Last check for updates: about 3 hours ago
Listing courtesy of Paige N Hargis, (603) 454-4141
Limitless Real Estate
Laura Holl, (602) 486-9607
The Ave Collective
Source: ARMLS, MLS#7010987
Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Market trends in Gilbert
Last updated May 2026
Avg. sale price
$572K
$2.17KMoM
Sale-to-List Price
98.8%
0.2%MoM
Price per sq ft
$278
$3MoM
Available listings
1169
13MoM
Price History for 1318 E TREASURE COVE Drive
| Date | Price | Event | Source |
|---|---|---|---|
| 07/08/2026 | $1,850,000 | PriceChange | ARMLS #7010987 |
| 05/13/2026 | $1,885,000 | PriceChange | ARMLS #7010987 |
| 04/27/2026 | $2,100,000 | PriceChange | ARMLS #7010987 |
| 04/15/2026 | $2,299,999 | Listed For Sale | ARMLS #7010987 |
| 09/30/2000 | $800,000 | Sold | ARMLS #1510377 |
| 01/06/1995 | $134,900 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $9,577 |
| Assessment | $1,350,500 |
Home facts updated by county records
Comparable Sales for 1318 E TREASURE COVE Drive
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Single-Family Home | $1,400,000 | 07/02/26 | 4 | 4 | 4,700 | |
0.09 | Single-Family Home | $1,225,000 | 10/08/25 | 4 | 3.5 | 3,903 | |
0.06 | Single-Family Home | $825,000 | 01/29/26 | 4 | 2.5 | 3,218 | |
0.14 | Single-Family Home | $1,888,000 | 01/02/26 | 5 | 5.5 | 6,302 | |
0.14 | Single-Family Home | $1,610,000 | 01/19/26 | 4 | 3.5 | 3,633 | |
0.24 | Single-Family Home | $1,080,000 | 05/06/26 | 5 | 3 | 3,866 | |
0.18 | Single-Family Home | $795,000 | 04/01/26 | 4 | 3 | 3,010 | |
0.32 | Single-Family Home | $857,000 | 05/29/26 | 4 | 2.5 | 2,870 | |
0.52 | Single-Family Home | $925,000 | 06/24/26 | 5 | 4 | 3,568 | |
0.39 | Single-Family Home | $1,413,065 | 04/10/26 | 4 | 4 | 4,122 |
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SOLDOCT 8, 2025Venture REI, LLC, ARMLS
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OFF MARKETClear Property Management, ARMLS
SOLDJAN 29, 2026Leading Edge Real Estate LLC, ARMLS
SOLDJAN 19, 2026HomeSmart, ARMLS
FOR SALECall it Closed International, ARMLS
SOLDJAN 2, 2026West USA Realty, ARMLS
SOLDAPR 15, 2026Call it Closed International, ARMLS
OFF MARKETHome Centric Real Estate, LLC, ARMLS
Assigned Schools
These are the assigned schools for 1318 E TREASURE COVE Drive.
- Gilbert High School
- 7-12
- Public
- 2413 Students
6/10GreatSchools RatingParent Rating AverageI have had 2 children in this school for all 4 years of high school and Racism, racism! I thought it got better with the new principal but they proved me wrong today and failed my child from online bullying from another fellow Gilbert high WHITE student. They played investigation and my child showed screenshots and proof but they denied the claim. That child and her mother walked off laughing. This is not the first time I’ve had issues with this school but my daughter graduates in May so thank God we don’t have to deal with this joke of a school anymore.Parent Review3mo ago - Greenfield Junior High School
- 6-8
- Public
- 1155 Students
7/10GreatSchools RatingParent Rating AverageThis school is awful. The teachers today do absolutely nothing for the students. My student came to a teacher to report something and they did nothing for themParent Review2mo ago - Val Vista Lakes Elementary School
- PK-6
- Public
- 506 Students
9/10GreatSchools RatingParent Rating AverageMy grandson moved to Gilbert from Texas a year ago. When he arrived at Val Vista Lakes Elementary, it was really hard to understand his speech. I also knew he was very bright, but he didn’t seem to be showing any significant academic achievement. Since starting at Val Vista, they immediately got him the speech therapy he needed, and his speech has improved 100%. He has thrived in his classes and is now performing at the level I knew he was capable of. He is excited about school and loves his classmates and teachers. It is such a positive environment and has made such a difference in my grandson’s life. It must be a happy place because there is a very low teacher turnover rate. And there’s a great sense of community I have felt when I have attended activities there.Other Review1y ago 
Check out schools near 1318 E TREASURE COVE Drive.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Val Vista Lakes
At least 25 Trulia users voted on each feature.
100 % Say it's dog friendly
98 % Say there are sidewalks
97 % Say car is needed
94 % Say it's quiet
93 % Say yards are well-kept
90 % Say parking is easy
89 % Say kids play outside
88 % Say streets are well-lit
88 % Say there's holiday spirit
86 % Say people would walk alone at night
78 % Say they plan to stay for at least 5 years
71 % Say neighbors are friendly
69 % Say it's walkable to grocery stores
63 % Say there are community events
56 % Say it's walkable to restaurants
29 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Paige N Hargis, Limitless Real Estate
Agent Phone: (603) 454-4141
1318 E TREASURE COVE Drive, Gilbert, AZ 85234 is a 6 bedroom, 5 bathroom, 5,731 sqft single-family home built in 1996. 1318 E TREASURE COVE Drive is located in Val Vista Lakes, Gilbert. This property is currently available for sale and was listed by ARMLS on Apr 9, 2026. The MLS # for this home is MLS# 7010987.