1426 W Coral Reef Drive, Gilbert, AZ 85233

$590,000
2
BD
3
BA
2,048
SqFt

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Sold Price
$590,000
List Price
$594,999
Status
CLOSED
Days on Market
84
Closing Date
Feb 12, 2026
MLS#
6947403
Subtype
Residential
Style
Spanish
Year Built
2000
Bedrooms
2
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
2,048
Lot Size
2,030
Acres
0.05
Subdivision
Townhomes On Coral Reef
Neighborhood
The Islands

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.

Additional Information

Interior Features
Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Eat-in Kitchen, Walk-in Pantry, High Speed Internet, Upstairs, Vaulted Ceiling(s)
Exterior Features
Balcony
Taxes
$2,641
HOA Fee
$381
HOA Freqency
Semi-Annually
Community Features
The Islands
Property Description
Spanish
Flooring
Vinyl, Tile
Appliances
Dishwasher, Disposal, Refrigerator, Electric Cooktop, Microwave, Reverse Osmosis, Washer, Dryer
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Wood Frame, Stucco
Stories
2
Parking Features
Garage Door Opener, Attch'd Gar Cabinets, Circular Driveway, Carport
Garage Spaces
2
Elementary School
Islands Elementary School
Middle School
Mesquite Jr High School
High School
Mesquite High School
View
Lake

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Patti Thomas (602-538-0106) from Listing Office: 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.