1421 W CORAL REEF Drive, Gilbert, AZ 85233
1421 W CORAL REEF Drive, Gilbert, AZ 85233
1421 W CORAL REEF Drive, Gilbert, AZ 85233
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$550,000
Est. payment /mo
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3 Beds
2.5 Baths
2,289 SqFt
Open Sun 11AM-2PM

1421 W CORAL REEF Drive Gilbert, AZ 85233

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Ashley McCombs

Ashley McCombs

+1(480) 925-8668

Open House

Sat Apr 18, 11:00am - 2:00pm

Sun Apr 19, 11:00am - 2:00pm

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Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,289 sqft

Price per Sqft $240

Subdivision Townhomes On Coral Reef

MLS Listing ID 7015341

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Fees $287/mo

HOA Y/N Yes

Year Built 1988

Annual Tax Amount $2,221

Tax Year 2025

Lot Size 1,668 Sqft

Acres 0.04

Property Sub-Type Townhouse

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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 windows, glass doors opening to the patio and balcony, updated LED lighting, new ceiling fans, and a freshly recoated flat roof.
Enjoy quick access to the community pool, ample guest parking, welcoming neighbors, and an active events calendar that includes movie nights and concerts in the park. Additional amenities include sports courts, an exercise track, playgrounds, picnic areas, and annual electric light boat parades during the holidays.

Just minutes from downtown Gilbert and Chandler with a ton of amazing shopping and dining options nearby. Come visit The Islands today!

Location

State AZ

County Maricopa

Community Townhomes On Coral Reef

Area Maricopa

Direction East on Elliot, right on Islands Dr., left at fountain, right on Coral Reef.

Rooms

Other Rooms Loft

Master Bathroom Double Sink

Master Bedroom Split

Den/Bedroom Plus 4

Separate Den/Office N

Interior

Interior Features High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets

Heating Electric

Cooling Central Air, Ceiling Fan(s)

Flooring Carpet, Tile

Fireplaces Type Living Room, Master Bedroom

Fireplace Yes

Window Features Low-Emissivity Windows,Dual Pane

Appliance Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal

SPA None

Laundry Upstairs Laundry, Inside

Exterior

Exterior Feature Balcony

Parking Features Attached Garage, Unassigned, Garage Door Opener, Direct Access

Garage Spaces 2.0

Garage Description 2.0

Fence None

Community Features Pool, Lake, Biking/Walking Path

Utilities Available SRP

Waterfront Description true

View Lake

Roof Type Tile,Built-Up

Porch Covered Patio(s), Patio

Total Parking Spaces 2

Private Pool No

Building

Lot Description Waterfront Lot, Corner Lot, Cul-De-Sac, Grass Back

Story 2

Builder Name unknown

Sewer Public Sewer

Water City Water

Structure Type Balcony

New Construction No

Schools

Elementary Schools Islands Elementary School

Middle Schools Mesquite Jr High School

High Schools Mesquite High School

School District Gilbert Unified District

Others

HOA Name Townhomes Coral Reef

HOA Fee Include Insurance,Pest Control,Maintenance Grounds,Street Maint,Front Yard Maint,Maintenance Exterior

Senior Community No

Tax ID 302-30-589

Ownership Fee Simple

Acceptable Financing Cash, Conventional, VA Loan

Horse Property N

Disclosures Agency Discl Req, Seller Discl Avail

Possession Close Of Escrow, By Agreement

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition N/A, Owner/Agent

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Realty ONE Group • Jason Serikaku

NEARBY SCHOOL & BUSINESS

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Ashley McCombs

Ashley McCombs

Agent | SA684245000

+1(480) 925-8668

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1421 W CORAL REEF Drive