1031 S CORAL KEY Court, Gilbert, AZ 85233 (MLS# 6638489)

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

Overview

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!

Listing Details MLS# 6638489

Location, Tax & Legal

House Number: 1031
Compass: S
Street Name: CORAL KEY
St Suffix: Court
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85233
Zip4: 7818
Country: US
County Code: Maricopa
Assessor Number: 302-98-023
Subdivision: KEY HARBOR LOT 1-71 TR A-C
Tax Year: 2022
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

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 4
Full Bathrooms: 2
Half Bathrooms: Yes
Total Bathrooms: 2.5
Approx SQFT: 3126
Price/SqFt: 319.89
Horses: N
Builder Name: UDC Homes
Year Built: 1992
Approx Lot SqFt: 12785
Approx Lot Acres: 0.294
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: Yes
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

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.

Status Change Info

Off Market Date: 2024-06-01
Under Contract Date: 2024-02-15
Close of Escrow Date: 2024-05-31

Legal Info

Township: 1S
Range: 5E
Section: 23
Lot Number: 23

More Information

Basement

Basement Y/N: N

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

Parking Spaces

Garage Spaces: 3
Slab Parking Spaces: 3
Total Covered Spaces: 3

Residential Propane Tank

Residential Propane Tank: Owned
Propane Underground Y/N: No

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Special Listing Cond

Owner/Agent: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Tile: Yes

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

Lockbox Type

Supra: Yes

Master Bathroom

Full Bth Master Bdrm: Yes
Separate Shwr & Tub: Yes
Double Vanity: Yes
Private Toilet Room: Yes

Master Bedroom

Downstairs: Yes

Additional Bedroom

Master Bedroom Walk-in Closet: Yes

Fireplace Features

Fireplace Living Rm: Yes

Flooring

Carpet: Yes
Tile: Yes
Wood: Yes

Window Features

Dual Pane: Yes

Private Pool Features

Fenced: Yes
Heated: Yes
Variable Speed Pump: Yes

Community Features

Biking/Walking Path: Yes
Children's Playgrnd: Yes
Clubhouse/Rec Room: Yes
Lake: Yes

Dining Area

Formal: Yes
Eat-in Kitchen: Yes
Breakfast Bar: Yes

Heating

Electric: Yes

Kitchen Features

Built In Recycling: Yes
Dishwasher: Yes
Disposal: Yes
Kitchen Island: Yes
Built-in Microwave: Yes
Multiple Ovens: Yes
Pantry: Yes
Range/Oven Elec: Yes
Refrigerator: Yes
Reverse Osmosis: Yes
Walk-in Pantry: Yes
Wall Oven(s): Yes
Gas Cooktop: Yes
Granite Counters: Yes

Cooling

Central Air: Yes

Interior Features

Vaulted Ceiling(s): Yes
Water Softener Owned: Yes
Soft Water Loop: Yes
Water Purifier: Yes

Laundry

Washer Included: Yes
Dryer Included: Yes
220 V Dryer Hookup: Yes
Inside: Yes

Other Rooms

Great Room: Yes

Separate Den/Office

Sep Den/Office Y/N: Y

Technology

Sat Dish TV Ownd: Yes
Cable TV Avail: Yes
High Speed Internet: Yes
Security System Owned: Yes

Fencing

Block: Yes
Wrought Iron: Yes

Water Source

City Water: Yes

Exterior Features

Covered Patio(s): Yes
Patio: Yes

Spa

Private: Yes
Heated: Yes

Sewer

Sewer - Public: Yes

Parking Features

Attch'd Gar Cabinets: Yes
Garage Door Opener: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes

Plumbing

Tankless Ht Wtr Heat: Yes
Electric Hot Wtr Htr: Yes

Utilities

SRP: Yes

Existing 1st Loan

Conventional: Yes

Property Description

Waterfront Lot: Yes
East/West Exposure: Yes

Landscaping

Gravel/Stone Front: Yes
Gravel/Stone Back: Yes
Desert Front: Yes
Desert Back: Yes
Synthetic Grass Back: Yes
Yrd Wtring Sys Front: Yes
Yrd Wtring Sys Back: Yes
Auto Timer H2O Front: Yes
Auto Timer H2O Back: Yes

Disclosures

Seller Discl Avail: Yes

Possession

Close of Escrow: Yes

Association Fee Incl

Common Area Maint: Yes

Assoc Rules/Info

Pets OK (See Rmrks): Yes
No Visible Truck Trailer RV Boat: Yes
Rental OK (See Rmks): Yes
Prof Managed: Yes

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