1426 W Coral Reef Drive, Gilbert, AZ 85233
- $590,000
- 2
- BD
- 3
- BA
- 2,048
- SqFt
- Sold Price
- $590,000
- List Price
- $594,999
- Closing Date
- Feb 12, 2026
- Days on Market
- 84
- Status
- CLOSED
- MLS#
- 6947403
- City
- Gilbert
- Bedrooms
- 2
- Bathrooms
- 3
- Living SQFT
- 2,048
- Lot Size
- 2,030
- Subdivision
- Townhomes On Coral Reef
- Year Built
- 2000
- Type
- Townhouse
Property Description
LAKEFRONT LUXURY IN THE ISLANDS - YOUR DREAM HOME AWAITS! Step into a fully reimagined waterfront masterpiece in the coveted Gilbert community of The Islands, where every sunset paints the sky and the lake becomes your backyard. This stunning 2-bedroom townhome with a large office that easily converts to a 3rd bedroom has been lavishly transformed with over $100K in loss is your golden opportunity. The expansive great room welcomes you with soaring vaulted ceilings and walls of windows that flood the space with natural light. French doors glide open to a private patio perched over the serene lake, perfect for morning coffee or evening wine, while panoramic water views stretch from nearly every angle. Flow seamlessly... into the gourmet kitchen and dining area, where a breakfast bar frames shimmering lake vistas. Enjoy brand-new KitchenAid top oven, microwave, dishwasher, vent hood and refrigerator, alongside refinished cabinetry with sleek hardware, a large pantry, and new faucets. The open layout is ideal for entertaining. Retreat to your primary suite sanctuary upstairs, complete with a private balcony showcasing mesmerizing lake sunsets, a huge walk-in closet, and a spa-like ensuite featuring a deep soaking tub, glass-enclosed walk-in shower, double vanities, and a dedicated makeup station. Convenience meets style with a laundry room including a sink and new Electrolux washer and dryer, located just off the 2-car garage. Every detail is brand new from 2024 and 2025: fresh interior and exterior paint, luxury vinyl plank flooring throughout, new HVAC, roof, and hot water heater, plus all-new ceiling fans, recessed lighting, door hardware, closet doors, towel bars, upgraded window treatments, toilets, and bathroom fixtures. Live the Islands lifestyle with kayaking, fishing, or boating from your doorstep, while top-rated schools, boutique shops, and downtown Gilbert's vibrant dining scene are just a short walk away. This unbeatable location blends serene lake living with urban convenience. This is more than a home; it's a lifestyle upgrade. Priced for immediate sale, don't let this rare waterfront gem slip away.
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Additional Information
- Elementary School
- Islands Elementary School
- High School
- Mesquite High School
- Middle School
- Mesquite Jr High School
- Acres
- 0.05
- Architecture
- Spanish
- Assoc Fee Includes
- Maintenance Exterior, Insurance, Trash, Pest Control, Front Yard Maint, Maintenance Grounds
- Hoa Fee
- $381
- Hoa Fee Frequency
- Semi-Annually
- Hoa
- Yes
- Hoa Name
- The Islands
- Builder Name
- Scremin Builder
- Community
- The Islands
- Community Features
- Lake, Community Spa, Biking/Walking Path
- Construction
- Wood Frame, Stucco
- Cooling
- Central Air
- Exterior Features
- Balcony
- Fencing
- None
- Flooring
- Vinyl, Tile
- Garage Spaces
- 2
- Heating
- Electric
- Living Area
- 2,048
- Lot Size
- 2,030
- New Financing
- Cash, VA Loan, FHA, Conventional
- Other Rooms
- Great Room
- Parking Features
- Garage Door Opener, Attch'd Gar Cabinets, Circular Driveway, Carport
- Roofing
- Tile, Foam
- Spa
- None
- Stories
- 2
- Style
- Spanish
- Subdivision
- Townhomes On Coral Reef
- Taxes
- $2,641
- Tax Year
- 2024
- Water
- Public
Mortgage Calculator
Listing courtesy of RE/MAX Excalibur. Selling Office: My Home Group Real Estate.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.