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1031 S CORAL KEY Court, Gilbert, AZ 85233
$1,000,000
Property Type:
Residential
Bedrooms:
4
Baths:
2.5
Square Footage:
3,126
Lot Size (sq. ft.):
12,785
Status:
Closed
Current Price:
$1,000,000
Last Modified:
5/14/2025
Description
A great opportunity to own a rare lake front home in Gilbert, Arizona. This nearly one third acre property is nestled in a quiet cove within The Islands. On the main level you will find an expansive kitchen with granite countertops, downstairs master suite with a beautiful view of the water, lovely fireplace center of the living room, and a laundry room attached to the three car garage. Upstairs there is one large bedroom overlooking the lake, full bathroom, two more bedrooms, as well as an office space. Outside opens up to an enjoyable entertainment area that leads you right to the pool, spa, lake, and boat docks. The private side yard also has a large chipping and putting green. Don't miss out on this beautiful property!
More Information MLS# 6638489
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Sold Price: $1,000,000
Status: Closed
Current Price: $1,000,000
List Date: 2023-12-08
Location, Tax & Legal
Assessor's Map #: 98
Legal Description (Abbrev): LOT 23 KEY HARBOR LOT 1-71 TR A-C MCR 031315
Assessor's Parcel #: 23
Tax Municipality: Gilbert
Taxes: 4680
House Number: 1031
Compass: S
Street Name: CORAL KEY
St Suffix: Court
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85233
Zip4: 7818
County Code: Maricopa
Assessor Number: 302-98-023
Subdivision: KEY HARBOR LOT 1-71 TR A-C
Tax Year: 2022
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 2
Full Bathrooms: 2
Half Bathrooms: 1
Approx SQFT: 3126
Price/SqFt: 319.89
Approx Lot SqFt: 12785
Approx Lot Acres: 0.294
Horses: N
Builder Name: UDC Homes
Elementary School District: Chandler Unified District
High School District: Chandler Unified District
Elementary School: Shumway Elementary School
Jr. High School: Willis Junior High School
High School: Chandler High School
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: Yes
Dwelling Type: Single Family Residence
Exterior Stories: 2
# Bedrooms: 4
Total Bathrooms: 2.5
Year Built: 1992
Legal Info
Range: 5E
Section: 23
Township: 1S
Lot Number: 23
Special Listing Cond
Owner/Agent: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Tile: 1
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 155
HOA Fee: 347.11
HOA Paid Frequency: Semi-Annually
HOA Name: The Islands
HOA Telephone: 4805457740
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 2045.04
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 0
Disclosure Fees HOA: 245
Other Fees HOA: 0
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 57.85
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Master Bathroom
Full Bth Master Bdrm: 1
Separate Shwr & Tub: 1
Double Vanity: 1
Private Toilet Room: 1
Master Bedroom
Downstairs: 1
Additional Bedroom
Master Bedroom Walk-in Closet: 1
Fireplace Features
Fireplace Living Rm: 1
Flooring
Carpet: 1
Tile: 1
Wood: 1
Window Features
Dual Pane: 1
Private Pool Features
Fenced: 1
Heated: 1
Variable Speed Pump: 1
Community Features
Biking/Walking Path: 1
Children's Playgrnd: 1
Clubhouse/Rec Room: 1
Lake: 1
Dining Area
Formal: 1
Eat-in Kitchen: 1
Breakfast Bar: 1
Heating
Electric: 1
Kitchen Features
Built In Recycling: 1
Dishwasher: 1
Disposal: 1
Kitchen Island: 1
Built-in Microwave: 1
Multiple Ovens: 1
Pantry: 1
Range/Oven Elec: 1
Refrigerator: 1
Reverse Osmosis: 1
Walk-in Pantry: 1
Wall Oven(s): 1
Gas Cooktop: 1
Granite Counters: 1
Cooling
Central Air: 1
Interior Features
Vaulted Ceiling(s): 1
Water Softener Owned: 1
Soft Water Loop: 1
Water Purifier: 1
Laundry
Washer Included: 1
Dryer Included: 1
220 V Dryer Hookup: 1
Inside: 1
Basement
Basement Y/N: N
Other Rooms
Great Room: 1
Separate Den/Office
Sep Den/Office Y/N: Y
Technology
Sat Dish TV Ownd: 1
Cable TV Avail: 1
High Speed Internet: 1
Security System Owned: 1
Fencing
Block: 1
Wrought Iron: 1
Water Source
City Water: 1
Exterior Features
Covered Patio(s): 1
Patio: 1
Spa
Private: 1
Heated: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 3
Total Covered Spaces: 3
Garage Spaces: 3
Parking Features
Attch'd Gar Cabinets: 1
Garage Door Opener: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
Plumbing
Tankless Ht Wtr Heat: 1
Electric Hot Wtr Htr: 1
Utilities
SRP: 1
Existing 1st Loan
Conventional: 1
Property Description
Waterfront Lot: 1
East/West Exposure: 1
Landscaping
Gravel/Stone Front: 1
Gravel/Stone Back: 1
Desert Front: 1
Desert Back: 1
Synthetic Grass Back: 1
Yrd Wtring Sys Front: 1
Yrd Wtring Sys Back: 1
Auto Timer H2O Front: 1
Auto Timer H2O Back: 1
Items Updated
Floor Yr Updated: 2019
Floor Partial/Full: Partial
Roof Yr Updated: 2020
Roof Partial/Full: Full
Kitchen Yr Updated: 2013
Kitchen Partial/Full: Full
Bath(s) Yr Updated: 2015
Bath(s) Partial/Full: Partial
Rm Adtn Partial/Full: Full
Pool Yr Updated: 2008
Disclosures
Seller Discl Avail: 1
Residential Propane Tank
Residential Propane Tank: Owned
Propane Underground Y/N: No
Possession
Close of Escrow: 1
Association Fee Incl
Common Area Maint: 1
Assoc Rules/Info
Pets OK (See Rmrks): 1
No Visible Truck Trailer RV Boat: 1
Rental OK (See Rmks): 1
Prof Managed: 1
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Warner Rd & N. McQueen RD
Directions: E on Warner from McQueen, S on Island Dr, left on Key Harbor, Immediate Right on Key Harbor, left on Coral Key Ct, to home located on right.
Geo Lat: 33.331041
Geo Lon: -111.818238
Status Change Info
Off Market Date: 2024-06-01
Under Contract Date: 2024-02-15
Close of Escrow Date: 2024-05-31
Sold Price: $1,000,000
Property Features
Special Listing Cond: Owner/Agent
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room
Master Bedroom: Downstairs
Additional Bedroom: Master Bedroom Walk-in Closet
Fireplace Features: Fireplace Living Rm
Flooring: Carpet; Tile; Wood
Window Features: Dual Pane
Private Pool Features: Fenced; Heated; Variable Speed Pump
Spa: Private; Heated
Community Features: Biking/Walking Path; Children's Playgrnd; Clubhouse/Rec Room; Lake
Dining Area: Formal; Eat-in Kitchen; Breakfast Bar
Kitchen Features: Range/Oven Elec; Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Built In Recycling; Wall Oven(s); Multiple Ovens; Pantry; Walk-in Pantry; Granite Counters; Kitchen Island
Laundry: Washer Included; Dryer Included; 220 V Dryer Hookup; Inside
Other Rooms: Great Room
Interior Features: Vaulted Ceiling(s); Water Softener Owned; Soft Water Loop; Water Purifier
Technology: Sat Dish TV Ownd; Cable TV Avail; High Speed Internet; Security System Owned
Exterior Features: Covered Patio(s); Patio
Parking Features: Attch'd Gar Cabinets; Garage Door Opener
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Tile
Cooling: Central Air
Heating: Electric
Plumbing: Tankless Ht Wtr Heat; Electric Hot Wtr Htr
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Fencing: Wrought Iron; Block
Property Description: Waterfront Lot; East/West Exposure
Landscaping: Gravel/Stone Front; Gravel/Stone Back; Desert Front; Desert Back; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back
Lockbox Type: Supra
Possession: Close of Escrow
Association Fee Incl: Common Area Maint
Existing 1st Loan: Conventional
New Financing: Cash; VA; Conventional
Disclosures: Seller Discl Avail
Listing Office:
HomeSmart
Last Updated: May - 14 - 2025
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