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
IDX
Last Updated: May - 14 - 2025
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