1421 W Coral Reef Drive, Gilbert, AZ 85233

Local realty services provided by:ERA Brokers Consolidated
1421 W Coral Reef Drive,Gilbert, AZ 85233
$550,000
  • 3 Beds
  • 3 Baths
  • 2,289 sq. ft.
  • Townhouse
  • Active
Listed by: jason serikaku
Office: realty one group
MLS#:7015341
Source:ARMLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$240.28
  • Monthly HOA dues:$224

About this home

When your backyard is a lake... everyday feels like a vacation! This exceptional Coral Reef townhouse, nestled in Gilbert's highly coveted community, The Islands, offers breathtaking panoramic waterfront views at the tip of the peninsula. If you love kayaking, paddleboarding, boating, or simply watching the sunset reflect over the water, this is your ideal tropical retreat! Simply step out to your private dock and explore over 70 acres of connected waterways. Inside, enjoy iconic, refinished hexagonal southwest Saltillo tile flowing seamlessly from the entry into the kitchen and dining areas. A 2-story atrium lets in natural light, highlighting a spacious layout with a versatile upstairs loft. Two cozy fireplaces anchor this home - one in the main living space and the other in the spacious primary suite which includes a private balcony, walk-in closet, dual sinks, a separate shower, and a soaking tub with a great view of the lake. Recent upgrades include all-new energy-efficient...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1988
  • Listing ID #:7015341
  • Updated:April 19, 2026 at 04:44 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Flooring:Carpet, Tile
  • Living area:2,289 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s)
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1988
  • Building area:2,289 sq. ft.
  • Lot area:0.04 Acres
  • Lot Features:Corner, Cul-De-Sac, Grass Back
  • Construction Materials:Painted, Stucco
  • Exterior Features:Balcony

Schools

  • High school:Mesquite High School
  • Middle school:Mesquite Jr High School
  • Elementary school:Islands Elementary School

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$240.28
  • Tax amount:$2,221 (2025)

Features and amenities

  • Laundry features:Upstairs Laundry

Parking

  • Parking description:Unassigned
  • Garage:Yes
  • Garage spaces:2
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.