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Courtesy of Limitless Real Estate, Paige N Hargis Listing Contact: 603-454-4141 
6 Beds
5 Baths
5,731 sqft

$1,850,000

1318 E TREASURE COVE Drive, Gilbert AZ, 85234

Price per sqft$322.81
Built in1996
Property size5,731 sqft
Property typeResidential

Overview

Active

Listed Apr 15, 2026

Updated 4 weeks ago

Waterfront BASEMENT home in West Lake Estates. This is a combination almost impossible to find in Gilbert. 5,731 sqft, 6 bed, 4.5 bath, private dock and direct lake access. The lot is exceptional, the floor plan is rare, and the lifestyle is real. Bring your vision. Main level: soaring ceilings, open great room, granite kitchen, double-door den (or 6th bed), and a primary suite with lake views, fireplace, and spa ensuite. The backyard delivers: negative-edge pool & spa, built-in BBQ, sunken fireplace, outdoor shower, and a private dock for kayaking or paddleboarding at sunrise. Basement: fully finished with a complete second kitchen, 2 bedrooms, full bath, fireplace, and its own private entrance, purpose-built for multi-generational living, guests, or serious rental potential. A built-in dumbwaiter connects both levels. Val Vista Lakes amenities include a clubhouse, sandy beach lagoon, tennis, pickleball, fitness center, heated Olympic pool, and waterfront trails. One of the most coveted communities in the East Valley and this is one of its rarest homes. Investor, remodeler, or lifestyle buyer the bones, the lot, and the lake are all here. This is the ONE!

$12,308/mo

Est. mortgage payment based on a $1,850,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7010987

Interior Features

Bedrooms
6
Bathrooms
5
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.33 Acres

Other Property Details

Taxes
$9,633
Tax Frequency
Annually
Association Fee Frequency
Monthly
Secondary Association Fee
$158
Secondary Association Fee Frequency
Monthly
Garage
Yes
View
Yes
Pool
Yes
Waterfront
Yes

Courtesy of Limitless Real Estate, Paige N Hargis

Listing Contact: 603-454-4141 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Grandon Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Not representative of the licensee’s transaction history. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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Data Last Updated: 3:23 AM UTC, 8/12/2026.

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