1418 W CORAL REEF Drive, Gilbert, AZ 85233

$579,000

Your new home is on the Left, View from your patio

Could easily become 4th Bedroom downstairs

Pristine White cabinets, new Quartz counters ,upgraded modern lighting

Dining Room --Eat your BLD as you watch the Boats go by!

Incredible views from almost every window

Loft/ Office or whatever you want it to be

Exit the sliding glass doors to your upstairs balcony

Master Bedroom sitting room. Relaxing as it is, it could also lend itself to become a Exercise area or even Huge additional Master Closet!,

Balcony with majestic views off the Master Bedroom

Beautiful view from Balcony of Bedroom 2 of Community Pool below

Bedroom 3, Currently used as a fun Craft Room

XL Patio complete with gorgeous waterfront views

Some residents build docks in front of their homes to keep their pontoon boat or another non-gas powered vessel

all_floors_1418_west_coral_reef_drive_gi

Spectator or Boat Captain...you are just a few months away from our Holiday Light Boat Parade!

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,459 Lot Size (sq. ft.): 2,182 Status: Active

Current Price: $579,000 Last Modified: 10/25/2026

Overview

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 & BATHS UPDATED- SPARKLING WHITE CABINETRY -HARDWARE/LIGHTS/GORGEOUS QUARTZ COUNTERS & STAINLESS APPLIANCES. Enjoy the space (nearly 2500sqft) of a single-family home & pool without its upkeep! Wonderful Open&Bright Floorplan allowing for 3 Bedroom + Den + Loft/Bonus room plus plenty of Storage & Garage Space. Beautiful views of both the Lake & 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!

Listing Details MLS# 7098337

Location, Tax & Legal

House Number: 1418
Compass: W
Street Name: CORAL REEF
St Suffix: Drive
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85233
Zip4: 6106
Country: US
County Code: Maricopa
Assessor Number: 302-30-576
Subdivision: TOWNHOMES ON CORAL REEF
Tax Year: 2025
Assessor's Map #: 30
Legal Description (Abbrev): LOT 20 TOWNHOMES ON CORAL REEF MCR 028348
Assessor's Parcel #: 576
Tax Municipality: Gilbert
Taxes: 2433

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Townhouse
Dwelling Styles: Attached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 3
Full Bathrooms: 3
Total Bathrooms: 3
Approx SQFT: 2459
Price/SqFt: 235.46
Horses: N
Builder Name: Homes by Roman
Year Built: 2001
Approx Lot SqFt: 2182
Approx Lot Acres: 0.05
Flood Zone: No
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: No
Planned Comm Name: The Islands
Marketing Name: Coral Reef Townhomes
Elementary School District: Gilbert Unified District
High School District: Gilbert Unified District
Elementary School: Islands Elementary School
Jr. High School: Mesquite Jr High School
High School: Mesquite High School
Half Bathrooms: 0

Remarks Misc

Cross Street: Elliot / McQueen
Directions: East on Elliot, Right on Islands Dr, Left on Islands Dr E, Right on Coral Reef Dr--follow around curve on your Right across from the Pool

Legal Info

Township: 1S
Range: 5E
Section: 14
Lot Number: 20

Association Fees

Association Fee 2: 401.81

More Information

Basement

Basement Y/N: N

Items Updated

Ht/Cool Yr Updated: 2025
Ht/Cool Partial/Full: Full
Roof Yr Updated: 2024
Roof Partial/Full: Partial
Kitchen Yr Updated: 2026
Kitchen Partial/Full: Partial
Bath(s) Yr Updated: 2026
Bath(s) Partial/Full: Partial

Parking Spaces

Garage Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 2

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes

Contact Info

List Agent Home Phn: 602-326-2845

DPR Eligible

DPR Eligible: Yes

Special Listing Cond

N/A: Yes

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Built-Up: Yes
Tile: Yes
Foam: Yes

Association & Fees

HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: No
HOA Transfer Fee: 0
HOA Fee: 230.94
HOA Paid Frequency: Monthly
HOA Name: Townhomes Coral Reef
HOA Telephone: 623 232 8150
HOA Management Company: AAMG
Special Assessment HOA: No
HOA 2 Y/N: Y
HOA 2 Transfer Fee: 155
HOA Paid Frequency 2: Semi-Annually
HOA 2 Name: The Islands
HOA 2 Telephone: 480 551 4300
Special Assessment HOA 2: No
HOA 3 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 0
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2: 2367.38
Cap Improvement/Impact Fee 2 $/%: $
Prepaid Association Fees HOA: 461.88
Prepaid Association Fees HOA 2: 401.81
Disclosure Fees HOA: 400
Disclosure Fees HOA 2: 245
Other Fees HOA: 25
Other Fees Description: Homewise Doc Fee
Com Facilities Distr: N
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 297.91

Lockbox Type

Supra: Yes

Architecture

Contemporary: Yes

Master Bathroom

Full Bth Master Bdrm: Yes
Separate Shwr & Tub: Yes
Double Vanity: Yes
Private Toilet Room: Yes

Master Bedroom

Upstairs: Yes

Additional Bedroom

Separate Bedroom Exit: Yes
Master Bedroom Walk-in Closet: Yes
Master Bedroom Sitting Room: Yes

Flooring

Carpet: Yes
Tile: Yes

Window Features

Screens: Yes
Dual Pane: Yes

Community Features

Biking/Walking Path: Yes
Clubhouse/Rec Room: Yes
Lake: Yes

Dining Area

Formal: Yes
Breakfast Bar: Yes
Dining in LR/GR: Yes

Heating

Zoned: Yes
Electric: Yes

View

Lake: Yes

Kitchen Features

Dishwasher: Yes
Electric Oven: Yes
Electric Range: Yes
Kitchen Island: Yes
Built-in Microwave: Yes
Pantry: Yes
Refrigerator: Yes
Reverse Osmosis: Yes
Quartz Countertops: Yes

Cooling

Ceiling Fan(s): Yes
Programmable Thmstat: Yes
Central Air: Yes

Interior Features

Vaulted Ceiling(s): Yes
9+ Flat Ceilings: Yes
Fire Sprinkler System: Yes
Water Purifier: Yes

Laundry

Washer Included: Yes
Dryer Included: Yes
Inside: Yes

Other Rooms

Family Room: Yes
Great Room: Yes
Loft: Yes

Separate Den/Office

Sep Den/Office Y/N: Y

Accessibility Feat.

Hallways 36in+ Wide: Yes

Technology

Cable TV Avail: Yes
High Speed Internet: Yes

Fencing

Back Yard: Yes
Partial: Yes

Water Source

City Water: Yes

Community Pool Features

Fenced: Yes
Outdoor: Yes

Exterior Features

Balcony: Yes
Patio: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

Attached Garage: Yes
Direct Access: Yes
Garage Door Opener: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes
1031 Exchange: Yes

Plumbing

Electric Hot Wtr Htr: Yes

Utilities

SRP: Yes

Existing 1st Loan

Conventional: Yes

Existing 1st Loan Terms

Non Assumable: Yes

Property Description

Waterfront Lot: Yes
North/South Exposure: Yes

Landscaping

Desert Front: Yes
Grass Back: Yes
Yrd Wtring Sys Front: Yes
Yrd Wtring Sys Back: Yes
Auto Timer H2O Front: Yes
Auto Timer H2O Back: Yes

Services

City Services: Yes

Unit Style

Two Levels: Yes
Two Common Walls: Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes

Possession

Close of Escrow: Yes

Association Fee Incl

Exterior Mnt of Unit: Yes
Blanket Ins Policy: Yes
Pest Control: Yes
Front Yard Maint: Yes
Common Area Maint: Yes

Assoc Rules/Info

Pets OK (See Rmrks): Yes
No Visible Truck Trailer RV Boat: Yes
Rental OK (See Rmks): Yes
Prof Managed: Yes

Property Features

Special Listing Cond: N/A Architecture: Contemporary View: Lake Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Upstairs Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet; Master Bedroom Sitting Room Flooring: Carpet; Tile Window Features: Screens; Dual Pane Community Pool Features: Fenced; Outdoor Spa: None Community Features: Biking/Walking Path; Clubhouse/Rec Room; Lake Dining Area: Formal; Breakfast Bar; Dining in LR/GR Kitchen Features: Electric Oven; Electric Range; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Pantry; Quartz Countertops; Kitchen Island Laundry: Washer Included; Dryer Included; Inside Other Rooms: Family Room; Great Room; Loft Interior Features: Vaulted Ceiling(s); 9+ Flat Ceilings; Fire Sprinkler System; Water Purifier Technology: Cable TV Avail; High Speed Internet Exterior Features: Balcony; Patio Parking Features: Attached Garage; Direct Access; Garage Door Opener Construction: Wood Frame Const - Finish: Stucco Roofing: Built-Up; Tile; Foam Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Zoned; Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected Services: City Services Fencing: Back Yard; Partial Property Description: Waterfront Lot; North/South Exposure Landscaping: Desert Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back Showing Notification Methods: Text Lockbox Type: Supra Possession: Close of Escrow Unit Style: Two Levels; Two Common Walls Association Fee Incl: Exterior Mnt of Unit; Blanket Ins Policy; Pest Control; Front Yard Maint; Common Area Maint Existing 1st Loan: Conventional Existing 1st Loan Terms: Non Assumable New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: West USA Realty

Office Phone: 602-942-4200

Office Email: Duane@westusarealty.com

Last Updated: October - 25 - 2026