1502 E Treasure Cove Dr, Gilbert, AZ 85234
OFF MARKET

$3,142,600

Trulia Estimate
as of Aug 29, 2026
  • 7 Beds
  • 8.5 Baths
  • 7,255 sqft
  • 7 Beds
  • 8.5 Baths
  • 7,255 sqft

1502 E Treasure Cove Dr, Gilbert, AZ 85234

Val Vista Lakes

Home Highlights

Property Type
Single-Family Home
Year Built
1988
Living Area
7,255 sqft
Price/Sqft
$433
Parking
Attached Garage

Local Information

  • Map ViewExplore the area around 1502 E Treasure Cove Dr.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

1502 E Treasure Cove Dr
Experience the pinnacle of lakefront luxury in this magnificent 5,733-square-foot estate situated on a premier cul-de-sac lot in Gilbert's exclusive gated Westlake Estates. This architectural masterpiece makes a grand first impression with its dramatic marble entry and soaring 28-foot coffered ceilings, illuminated by a stunning chandelier and floor-to-ceiling windows. The home's expansive layout features 7 bedrooms, each with its own walk-in closet, and 8.5 bathrooms, including a primary suite conveniently located on the main floor. Designed for both relaxation and high-end entertaining, the interior offers a sunken living room, a family room with a cozy fireplace and wet bar, and a spacious kitchen equipped with dual sinks, and a large pantry. The resort-style backyard is a private oasis, boasting over half an acre of lush landscaping and direct water access with two private boat docks. Enjoy long summer days in the sparkling pool featuring dramatic fountains, or unwind in the built-in spa. The outdoor space is further enhanced by a covered, tiled BBQ and bar area, a sprawling grass yard, and a charming gazebo, all offering breathtaking views of the lake. Complete with a four-car garage and nestled within the highly-rated Gilbert Unified District, this home offers an unparalleled lifestyle of comfort, elegance, and waterfront adventure.

*Additional Photography forthcoming- Call with any Questions!

_____
RENT WITH MYND
-Fast Online Application (valid for 30 days)
-Mobile App to Pay Rent and Track Services
-Affordable Renter's Insurance

Lease term: 15 months

ONE-TIME FEES
Non-refundable $59.00 Application Fee Per Adult
One Time Move In Fee $199

REQUIRED MONTHLY CHARGES*
$13000.00: Base Rent
$39.95/month: Residents Benefits Package provides residents with on-demand basic pest control, as-needed HVAC air filter delivery, Identity Theft Protection, and access to an exciting rewards program

*Estimated required monthly charges do not include the required costs of utilities or rental insurance, conditional fees including, but not limited to, pet fees, or optional fees.
CONDITIONAL FEES
No pets allowed

Mynd Property Management
Equal Opportunity Housing
License # CO689807000; CO689807001

Mynd Property Management does not advertise on Craigslist or Facebook Marketplace. We will never ask you to wire money or pay with gift cards. Please report any fraudulent ads to your Leasing Associate. Federal Occupancy Guidelines: 2 per bedroom + 1 additional occupant; 2 per studio. Please contact us for move-in policy and available move-in date.
1502 E Treasure Cove Dr, Gilbert, AZ 85234 is a 7 bedroom, 9 bathroom, 7,255 sqft single-family home in Val Vista Lakes, built in 1988. It last sold for $900,000 on Dec 6, 2017 (6,823% above the $13,000 asking price). More recently, it was listed as a rental in April 2026 with an asking price of $12,000 per month. That rental listing was removed on April 26, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $3,142,600, with a rent estimate of $4,628/month.

Home Details for 1502 E Treasure Cove Dr

Interior Features

Heating & Cooling
Heating: Electric, FireplaceAir ConditioningCooling System: Air Conditioner, Central Air, Ceiling FanHeating Fuel: Electric
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Elevator

Property Information

Year Built
Year Built: 1988
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 12 monthsAvailable: now

Exterior Features

Pool
Pool
Parking & Garage
GarageParking: Attached Garage Covered, On Site

Building

Community rooms
Fitness Center

Comparable Sales for 1502 E Treasure Cove Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1511 E TREASURE COVE Drive, Gilbert, AZ
0.09
Single-Family Home
$1,888,000
01/02/26
5
5.5
6,302 sqft
1349 E CATAMARAN Drive, Gilbert, AZ
0.07
Single-Family Home
$1,080,000
05/06/26
5
3
3,866 sqft
1406 E CORAL COVE Drive, Gilbert, AZ
0.09
Single-Family Home
$1,225,000
10/08/25
4
3.5
3,903 sqft
1507 E TREASURE COVE Drive, Gilbert, AZ
0.06
Single-Family Home
$1,610,000
01/19/26
4
3.5
3,633 sqft
1321 E TREASURE COVE Drive, Gilbert, AZ
0.21
Single-Family Home
$1,400,000
07/02/26
4
4
4,700 sqft
1310 N MISSION COVE Lane, Gilbert, AZ
0.11
Single-Family Home
$795,000
04/01/26
4
3
3,010 sqft
1302 N MISSION COVE Lane, Gilbert, AZ
0.13
Single-Family Home
$1,000,000
12/05/25
4
3
2,783 sqft
1325 E TREASURE COVE Drive, Gilbert, AZ
0.22
Single-Family Home
$825,000
01/29/26
4
2.5
3,218 sqft
3154 E Inverness Avenue, Mesa, AZ
0.55
Single-Family Home
$1,265,000
08/24/26
6
4.5
5,256 sqft
1542 E CATAMARAN Drive, Gilbert, AZ
0.23
Single-Family Home
$857,000
05/29/26
4
2.5
2,870 sqft

Nearby homes

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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

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Apr 26, 2026
Source: ARMLS #7010074
ListingRemoved
$12,000
Apr 7, 2026
Source: ARMLS #7010074
Listed For Rent
$12,000
Apr 3, 2026
Source: Zillow Rentals
ListingRemoved
$13,000
Mar 31, 2026
Source: Zillow Rentals
Listed For Rent
$13,000
Mar 19, 2026
Source: ARMLS #6939176
ListingRemoved
$3,475,000

Frequently asked questions about 1502 E Treasure Cove Dr

  • What is 1502 E Treasure Cove Dr estimated to be worth?
    Trulia's estimated value for 1502 E Treasure Cove Dr in Gilbert, AZ is $3,142,600.
  • What is the price history for 1502 E Treasure Cove Dr?
    1502 E Treasure Cove Dr in Gilbert, AZ last sold for $900,000 in December 2017.
  • Is Gilbert a buyer's or seller's market?
    Gilbert is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Gilbert?
    The median sale price in Gilbert is $574K. That is up $4.67K from the prior month.
  • Does 1502 E Treasure Cove Dr have air conditioning?
    Yes, 1502 E Treasure Cove Dr in Gilbert, AZ has air conditioning.
  • Does 1502 E Treasure Cove Dr have a pool?
    Yes, 1502 E Treasure Cove Dr in Gilbert, AZ has a pool.

Homes for rent near 1502 E Treasure Cove Dr

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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