1318 E TREASURE COVE Drive, Gilbert, AZ 85234
Property image
Property image
FOR SALE
3D VIEW
0.33 ACRES

$1,850,000

Original price: $1,885,000
  • 6 Beds
  • 4.5 Baths
  • 5,731 sqft (on 0.33 acres)

1318 E TREASURE COVE Drive, Gilbert, AZ 85234

Val Vista Lakes
Est. Mortgage $10,762/mo*
Get Pre-Qualified

Home Highlights

Single-Family Home
Built in 1996
0.33 acre lot
$323/sqft
Garage
HOA $169/mo

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
Commute Destination

About this House

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!
Last check for updates: about 19 hours ago
Listing courtesy of Paige N Hargis, (603) 454-4141
Limitless Real Estate
Laura Holl, (602) 486-9607
Limitless Real Estate
Source: ARMLS, MLS#7010987
Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 1318 E TREASURE COVE Drive

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 110Days on Market: 156

Property Information

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

Price & Status

Price
List Price: $1,850,000Price Per Sqft: $323
Status Change & Dates
Possession Timing: By Agreement

Active Status

MLS Status: Active

Media

Location

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

Agent Information

Listing Agent
Listing ID: 7010987

Building

Building Area
Building Area: 5731 Square Feet

Community

Community Features: Racquetball, Pickleball, Lake, Gated, Community Spa Htd, Tennis Court(s), Playground, Biking/Walking Path
Other
Playground

HOA

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

Lot Information

Lot Area: 0.33 acres

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Energy

Energy Efficiency Features: Multi-Zones

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 7010987Water ViewWater View: Lake

Additional Information

RacquetballPickleballLakeGatedCommunity Spa HtdTennis Court(s)PlaygroundBiking/Walking Path

Around this home

Neighborhood Overview

Val Vista Lakes
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Val Vista Lakes

At least 26 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 there's holiday spirit

  • 88 % Say streets are well-lit

  • 86 % Say people would walk alone at night

  • 78 % Say they plan to stay for at least 5 years

  • 70 % Say neighbors are friendly

  • 70 % Say it's walkable to grocery stores

  • 61 % Say there are community events

  • 56 % Say it's walkable to restaurants

  • 28 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Carole Charles
    "The Club House is a great place for Venues, Relaxing in the pool, Play and Exercising in the Gym."
    0
    Flag
  • Trulia User
    "We have an Easter breakfast, a Halloween trunk or treat and other community events. It’s a very safe neighborhood. "
    0
    Flag
  • Trulia User
    "There is a community garden and a many playgrounds for the kids to play on. There is a clubhouse with a salt water pool, a regular pool, racquetball courts and a gym. "
    2
    Flag
  • Trulia User
    "Easy commute to downtown areas and events. Close proximity to the 202, 101, and 60 make commute even easier."
    0
    Flag
  • Trulia User
    "Many families and great schools in the area. I grew up here and would raise a family here. Very safe and good community "
    1
    Flag
  • Trulia User
    "I love this neighborhood! Beautiful tree lined streets. It’s an oasis in the middle of the desert. The clubhouse and amenities are fantastic. Friendly neighbors. "
    1
    Flag
  • Trulia User
    "About Vista Lakes is a wonderful place to live you’re so close to everything you never really have to leave"
    1
    Flag
  • Trulia User
    "The clubhouse hosts events On a regular basis Also the pools and boat rentals. There is tons of stores and shopping in the area "
    1
    Flag
  • Noreen R. B.
    "I drive three days a week to Scottsdale. It’s not too bad, about 40-45 minutes. A few days a week I work from home so that commute is great. "
    0
    Flag
  • Emily M.
    "Gorgeous landscaping, mature trees, and the lakes. Community friendliness and very nice Club House amenities (pools, sandy beach, tennis courts, gym, racquet ball courts, event halls)."
    3
    Flag
  • Louisenail
    "There’s a great clubhouse with two pools, tennis courts and exercise equipment. There are social activities and clubs for all ages. "
    0
    Flag
  • Louisenail
    "Close to the 60 and the 202. Easy street access to the east valley. Downtown Phoenix in 20 to 30 minutes."
    0
    Flag
  • Bensmidac
    "This is an amazing neighborhood with outstanding amenities and friendly and caring neighbors. The location is so beautiful with the lakes and parks. It is like living in a vacation resort year round. Everything is here close by with grocery stores, restaurants, our own mall just minutes away. The clubhouse with the pools and sand beach lagoon is gorgeous and has so much to offer. Lovely place to call home."
    7
    Flag
  • Dawsonhelmbold
    "there are many dog walkers in this neighborhood, and they are all very friendly. dogs seem very welcome"
    0
    Flag
  • Jason h.
    "This is a safe neighborhood with multiple parks. You will always feel like you can walk outside even at night without having any problems. "
    0
    Flag
  • Bobbiinsana08
    "It’s a very well to do community with people who care about each other and help each other when the occasion presents itself. "
    0
    Flag

Market trends in Gilbert

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$575K
$1.5KMoM
Sale-to-List Price
98.8%
0.1%MoM
Price per sq ft
$279
$0MoM
Available listings
1109
4MoM

Home Value

Trulia Estimate
$1.76M
Since last month
Increased$40K (+2.3%)
Since last year
Decreased$7K (-0.4%)
Since last sale
Increased$959K (+119.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +50% in the last 10 years
MonthEstimated value
2026
September 2026$1.76M
August 2026$1.71M
July 2026$1.72M
June 2026$1.75M
May 2026$1.77M
April 2026$1.99M
March 2026$1.69M
February 2026$1.69M
January 2026$1.71M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1321 E TREASURE COVE Drive, Gilbert, AZ
0.03
Single-Family Home
$1,400,000
07/02/26
4
4
4,700
1406 E CORAL COVE Drive, Gilbert, AZ
0.09
Single-Family Home
$1,225,000
10/08/25
4
3.5
3,903
1325 E TREASURE COVE Drive, Gilbert, AZ
0.06
Single-Family Home
$825,000
01/29/26
4
2.5
3,218
1511 E TREASURE COVE Drive, Gilbert, AZ
0.14
Single-Family Home
$1,888,000
01/02/26
5
5.5
6,302
1507 E TREASURE COVE Drive, Gilbert, AZ
0.14
Single-Family Home
$1,610,000
01/19/26
4
3.5
3,633
1349 E CATAMARAN Drive, Gilbert, AZ
0.24
Single-Family Home
$1,080,000
05/06/26
5
3
3,866
1310 N MISSION COVE Lane, Gilbert, AZ
0.18
Single-Family Home
$795,000
04/01/26
4
3
3,010
1542 E CATAMARAN Drive, Gilbert, AZ
0.32
Single-Family Home
$857,000
05/29/26
4
2.5
2,870
1220 N CRYSTAL SHORES Drive, Gilbert, AZ
0.52
Single-Family Home
$925,000
06/24/26
5
4
3,568
1157 N DATE PALM Drive, Gilbert, AZ
0.39
Single-Family Home
$1,413,065
04/10/26
4
4
4,122

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1401 E CORAL COVE Drive, Gilbert, AZ 85234
0.06
$2,714,200
4
6
5,500
Off Market
1408 E Coral Cove Drive, Gilbert, AZ 85234
0.09
$1,765,500
5
4.5
4,475
Off Market
1406 E CORAL COVE Drive, Gilbert, AZ 85234
0.09
$1,233,200
4
3.5
3,903
Off Market
1321 E TREASURE COVE Drive, Gilbert, AZ 85234
0.03
$1,400,000
4
4
4,700
Recently Sold
1317 E TREASURE COVE Drive, Gilbert, AZ 85234
0.04
$1,072,400
4
3
3,246
Off Market
1325 E TREASURE COVE Drive, Gilbert, AZ 85234
0.06
$825,000
4
2.5
3,218
Recently Sold
1507 E TREASURE COVE Drive, Gilbert, AZ 85234
0.14
$1,610,000
4
3.5
3,633
Recently Sold
1522 E BEACON Drive, Gilbert, AZ 85234
0.08
$524,999
4
2.5
2,067
For Sale
1511 E TREASURE COVE Drive, Gilbert, AZ 85234
0.14
$1,888,000
5
5.5
6,302
Recently Sold
1527 E BEACON Drive, Gilbert, AZ 85234
0.10
$525,000
3
2
1,781
Recently Sold
1543 E BEACON Drive, Gilbert, AZ 85234
0.10
$464,800
3
2
1,466
Off Market

Price and Tax history

DateEventPrice
Jul 8, 2026
Source: ARMLS #7010987
PriceChange
$1,850,000
Price decreased by 2%
May 13, 2026
Source: ARMLS #7010987
PriceChange
$1,885,000
Price decreased by 10%
Apr 27, 2026
Source: ARMLS #7010987
PriceChange
$2,100,000
Price decreased by 9%
Apr 15, 2026
Source: ARMLS #7010987
Listed For Sale
$2,299,999
Sep 30, 2000
Source: ARMLS #1510377
Sold
$800,000

LGBTQ Local Legal Protections

Paige N Hargis, Limitless Real Estate
Agent Phone: (603) 454-4141

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Frequently asked questions about 1318 E TREASURE COVE Drive

  • What is the estimated monthly payment for 1318 E TREASURE COVE Drive?
    Based on a $1,850,000 list price with 20% down at today's rates, the estimated monthly payment for 1318 E TREASURE COVE Drive in Gilbert, AZ is approximately $10,778 (about $10,071 principal & interest, $632 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1318 E TREASURE COVE Drive compare to homes in Gilbert?
    1318 E TREASURE COVE Drive in Gilbert, AZ is listed at $1,850,000, about 222% above the $575K median sale price in Gilbert.
  • What do residents say about the Val Vista Lakes neighborhood?
    Residents describe the Val Vista Lakes neighborhood in Gilbert, AZ as dog-friendly, pedestrian-friendly, and quiet. See homes for sale in Val Vista Lakes, Gilbert.
  • What are the closest schools to 1318 E TREASURE COVE Drive?
    The closest schools to 1318 E TREASURE COVE Drive in Gilbert, AZ are Gilbert High School (Middle, rated 6/10), Greenfield Junior High School (rated 7/10), Val Vista Lakes Elementary School (Pre-K, rated 9/10).
  • Does 1318 E TREASURE COVE Drive have air conditioning?
    Yes, 1318 E TREASURE COVE Drive in Gilbert, AZ has air conditioning.
  • Does 1318 E TREASURE COVE Drive have a pool?
    Yes, 1318 E TREASURE COVE Drive in Gilbert, AZ has a pool.
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.