For sale
$2,299,999
6beds
5,731sqft
1318 E TREASURE COVE Drive, Gilbert, AZ 85234
6beds
5,731sqft
Single family residence
Built in 1996
0.33 Acres
4 Garage spaces
$401 price/sqft
$327/mo HOA
What's special
Outdoor showerSunken fireplaceCozy fireplaceNegative-edge pool and spaExpansive open-concept layoutFully finished basementLush waterfront beauty
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 ...
- 11 days |
- 1,076 |
- 38 |
Source: ARMLS,MLS#: 7010987
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked: 7 hours ago
Listing updated: April 19, 2026 at 12:17am
Listed by:
Paige N Hargis 603-454-4141,
The Ave Collective,
Laura Holl 602-486-9607,
The Ave Collective
Source: ARMLS,MLS#: 7010987
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Natural Gas
Cooling
- Central Air, Ceiling Fan(s), Programmable Thmstat
Appliances
- Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Cooktop, Built-In Electric Oven
- Laundry: Inside
Features
- Pantry, Quartz Countertops, High Speed Internet, Double Vanity, Eat-in Kitchen, Kitchen Island, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Carpet, Tile
- Windows: Skylight(s), Solar Screens
- Basement: Walk-Up Access,Interior Entry,Exterior Entry,Walk-Out Access,Finished,Full
- Number of fireplaces: 3
- Fireplace features: Other, Family Room, Master Bedroom, Gas
Interior area
- Total structure area: 5,731
- Total interior livable area: 5,731 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
- Garage spaces: 4
Features
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Private Street(s), Storage, Built-in Barbecue
- Has private pool: Yes
- Pool features: Outdoor Pool, Play Pool
- Has spa: Yes
- Spa features: Heated, Private, Bath
- Fencing: Block
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Waterfront
Lot
- Size: 0.33 Acres
- Features: North/South Exposure, Waterfront, Sprinklers In Front, Grass Front, Auto Timer H2O Front
Details
- Parcel number: 30496738
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted, Block
- Foundation: Slab
- Roof: Tile
Condition
- Complete Spec Home
- New construction: No
- Year built: 1996
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Green energy
- Energy efficient items: Multi-Zones
Community & HOA
Community
- Features: Racquetball, Pickleball, Lake, Gated, Community Spa Htd, Tennis Court(s), Playground, Biking/Walking Path
- Security: Security System Owned
- Subdivision: WEST LAKE ESTATES 2 LOT 41-66 T A-C P-1A
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Street Maint
- HOA fee: $169 monthly
- HOA name: WestLake Estates GUD
- HOA phone: 480-635-1133
- Second HOA fee: $158 monthly
- Second HOA name: ValVistaLakes HOAMCO
- Second HOA phone: 480-926-9693
Location
- Region: Gilbert
Financial & listing details
- Price per square foot: $401/sqft
- Tax assessed value: $1,350,500
- Annual tax amount: $9,633
- Date on market: 4/15/2026
- Cumulative days on market: 11 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Listed for sale | $2,299,999+187.5%$401/sqft |
Source:  ARMLS #7010987 Report a problem | ||
| 9/30/2000 | Sold | $800,000+493%$140/sqft |
Source: ARMLS #1510377 Report a problem | ||
| 1/6/1995 | Sold | $134,900$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,577 +4.1% | $135,050 -9.2% |
| 2024 | $9,202 -0.6% | $148,800 +45.6% |
| 2023 | $9,256 +2.4% | $102,228 +5% |
| 2022 | $9,035 -7.6% | $97,360 +3% |
| 2021 | $9,778 +4% | $94,510 +1.2% |
| 2020 | $9,401 -1.8% | $93,350 +1.2% |
| 2019 | $9,570 | $92,220 -2.3% |
| 2018 | $9,570 +3.6% | $94,410 +2.8% |
| 2017 | $9,237 +7.4% | $91,800 +1.4% |
| 2016 | $8,597 -0.5% | $90,500 -2.5% |
| 2015 | $8,637 | $92,800 +22.8% |
| 2014 | -- | $75,560 +8.6% |
| 2013 | -- | $69,560 -3.8% |
| 2012 | -- | $72,330 +0.6% |
| 2011 | -- | $71,900 -21.6% |
| 2010 | -- | $91,760 -18.9% |
| 2009 | -- | $113,170 0% |
| 2008 | -- | $113,200 +5.7% |
| 2007 | -- | $107,100 +68% |
| 2006 | -- | $63,750 |
| 2005 | -- | $63,750 +4.9% |
| 2004 | -- | $60,750 |
| 2003 | -- | $60,750 +3.1% |
| 2002 | -- | $58,950 |
Find assessor info on the county website
Monthly payment
Est. payment
$12,353/mo
Principal & interest
$11240
Property taxes
$786
HOA Fees
$327
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Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: Val Vista Lakes
Nearby schools
GreatSchools rating
- 9/10Val Vista Lakes Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 6/10Gilbert High SchoolGrades: 7-12Distance: 1.9 mi
- 6/10Greenfield Junior High SchoolGrades: 6-8Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Val Vista Lakes Elementary School
- Middle: Greenfield Elementary School
- High: Gilbert High School
- District: Gilbert Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Arizona
- Maricopa County
- Gilbert
- 85234
- Val Vista Lakes
- 1318 E TREASURE COVE Drive