$2,299,999
Gilbert, AZ 85234
MLS# 7010987
6 beds | 5 baths
1 / 86
Property Description
Welcome to Treasure Cove, an exceptional lakefront BASEMENT home offering 5 bedrooms, 4.5 bathrooms, and 5,731 sqft of thoughtfully designed living in one of Gilbert's most sought-after communities. Experience true Arizona resort-style living in your own backyard, complete with a negative-edge pool and spa, built-in BBQ, sunken fireplace, outdoor shower, and private dock with direct lake access. Whether it's kayaking at sunrise, paddleboarding in the afternoon, or unwinding with sunset views over the water, this home delivers a lifestyle few can match. Inside, you're welcomed by soaring ceilings and an expansive open-concept layout designed for both everyday living and elevated entertaining. The spacious great room flows seamlessly into the kitchen, featuring granite countertops, abundan
Details
Maps
Contract Information
List Price: $2,299,999
Status: Active
Current Price: $2,299,999
List Date: 2026-04-08
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 1318
Compass: E
Street Name: TREASURE COVE
St Suffix: Drive
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85234
Zip4: 2656
County Code: Maricopa
Assessor Number: 304-96-738
Subdivision: WEST LAKE ESTATES 2 LOT 41-66 T A-C P-1A
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 6
Full Bathrooms: 4
Half Bathrooms: 1
Total Bathrooms: 5
Approx SQFT: 5731
Price/SqFt: 401.33
Horses: N
Builder Name: UNKNOWN
Year Built: 1996
Approx Lot SqFt: 14244
Approx Lot Acres: 0.327
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: Yes
Fireplaces Total: 3
Planned Comm Name: Val Vista Lakes
Marketing Name: BASEMENT HOME
Elementary School District: Gilbert Unified District
High School District: Gilbert Unified District
Elementary School: Val Vista Lakes Elementary School
Jr. High School: Greenfield Elementary School
High School: Gilbert High School
Remarks Misc
Cross Street: Val Vista & Baseline
Geo Lat: 33.373533
Geo Lon: -111.75812
Legal Info
Township: 1S
Range: 6E
Section: 5
Lot Number: 49
Cnty Rcrd Bk & Pg #: 30408
Association Fees
Association Fee 2: 158.11
Basement
Basement Y/N: Y
Items Updated
Roof Yr Updated: 2018
Roof Partial/Full: Full
Bath(s) Yr Updated: 2020
Bath(s) Partial/Full: Partial
Parking Spaces
Garage Spaces: 4
Total Covered Spaces: 4
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
View: Lake
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Tub with Jets; Bidet
Master Bedroom: Split
Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet
Fireplace Features: Fireplace Family Rm; Fireplace Master Bdr; Gas Fireplace; Other
Flooring: Carpet; Tile
Window Features: Solar Screens
Private Pool Features: Outdoor; Play Pool
Spa: Private; Heated
Community Features: Biking/Walking Path; Children's Playgrnd; Clubhouse/Rec Room; Comm Tennis Court(s); Community Spa Htd; Gated; Racquetball; Lake; Pickleball
Dining Area: Formal; Eat-in Kitchen; Breakfast Room
Kitchen Features: Built-In Electric Oven; Electric Range; Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Walk-in Pantry; Quartz Countertops; Kitchen Island
Laundry: Washer Included; Dryer Included; Inside
Basement Description: Exterior Entry; Interior Entry; Walk-Out Access; Walk-Up Access; Finished; Full; Storage Space
Foundation Details: Slab
Other Rooms: Family Room; Bonus/Game Room
Interior Features: Skylight(s); Soft Water Loop
Technology: Pre-Wire Srnd Snd; Cable TV Avail; High Speed Internet; Ntwrk Wrng Multi Rms; Security System Owned
Exterior Features: Built-in BBQ; Covered Patio(s); Patio; Private Street(s); Storage
Parking Features: Attch'd Gar Cabinets; Direct Access; Garage Door Opener
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Construction: Block; Wood Frame
Const - Finish: Painted; Stucco
Construction Status: Complete Spec Home
Roofing: Tile
Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat
Heating: Natural Gas
Utilities: SRP; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Property Description: Waterfront Lot; North/South Exposure
Landscaping: Grass Front; Yrd Wtring Sys Front; Auto Timer H2O Front
Lockbox Type: Supra
Possession: By Agreement
Association Fee Incl: Common Area Maint; Street Maint
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Terms: Non Assumable
New Financing: Cash; VA; FHA; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Supplements
cabinetry, and generous prep space. A double-door den offers flexibility as a private office or optional sixth bedroom.
The oversized primary suite is a true retreat, showcasing serene lake views, a cozy fireplace, spa-inspired ensuite bath, and a spacious walk-in closet.
Downstairs, the fully finished basement expands your living options with a full kitchen, two additional bedrooms, a full bathroom, fireplace, and its own private entrance--ideal for multi-generational living, guests, or extended stays. Enhancing convenience between levels, the home also features a built-in dumbwaiter, allowing for effortless transport of laundry, groceries, meals, or everyday essentials between the basement and main kitchen.
Located within the prestigious Val Vista Lakes community, residents enjoy access to world-class amenities including a multi-million-dollar clubhouse, sandy beach lagoon, tennis and pickleball courts, a fitness center, heated Olympic-style pool and spa, and scenic walking and biking trails, all surrounded by lush, waterfront beauty.
This is more than a home, it's a lifestyle.
A rare opportunity to own lakefront living in one of Gilbert's premier master-planned communities.
Listing Office: The Ave Collective
Last Updated: April - 19 - 2026
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