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Property Description
Nestled within the highly sought-after gated lake community of West Lake Estates in Gilbert, this exceptional 4-bedroom, 4-bathroom basement residence offers a rare blend of luxury, warmth, and thoughtful design. From the moment you enter through the gated travertine and stone courtyard, framed by lush mature landscaping and newly installed low-maintenance turf, the home invites you into a setting that feels both elegant and serene. Inside, a spacious open floor plan showcases upgraded flooring, coffered ceilings, custom stone pillars, a statement fireplace, and rich wooden plantation shutters, creating a refined and inviting atmosphere throughout. The split primary retreat is a true private sanctuary, featuring direct patio access, a custom walk-in closet system, and a beautifully... upgraded spa-inspired bath complete with a 10-jet walk-in shower, soaking tub, dual vanities with premium hardware, and porcelain tile flooring. Additional main-floor bedrooms are equally impressive, including an oversized walk-in closet and a fully remodeled Jack and Jill bath designed with a separate walk-in shower, stand-alone soaking tub, intricate tile detailing, and split vanities topped with Carrera marble. At the heart of the home, the chef's kitchen is appointed with a custom island, stainless steel double oven appliance package, built-in refrigerator/freezer, pantry, and French doors leading to a charming greenhouse atrium. Privately situated at the rear of the home, a versatile bonus room offers the perfect space for a guest suite, fitness studio, or flex living area, adjacent to a fully remodeled 3/4 bath with direct access to the travertine-covered patio and sparkling saltwater pool. The backyard continues to impress with an RV gate and a large sunken concrete parking pad designed for discreet private storage below the cinder block wall. One of the home's most distinctive features is the rare Arizona basement, filled with natural light and thoughtfully designed to function as a complete secondary living quarters with an additional primary bedroom and bath, kitchenette with wet bar and sink, fireplace, and expansive living space ideal for entertaining, multigenerational living, or a private kids' retreat. Additional upgrades include first-floor indoor laundry, an office/den, a 4-car garage with built-in storage and new garage door opener, soft water system, newer HVAC with warranty, tankless water heater, and full exterior paint completed in 2026. This is a home where every detail has been intentionally curated to impress - get your private tour today to fully experience this exceptional home in person.
Full Property Details
Full Property Details for 1321 E Treasure Cove Dr
General
- Price: $1,399,999
- HOA FEE: $154/month
- HOA FEE FREQ.: Annually
- Taxes: $5,597 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7020356
- Updated: 5/7/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Non-laminate Counter, High Speed Internet, Double Vanity, Master Downstairs, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room, Living Room, Gas
- Appliances: Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Cooktop, Built-In Electric Oven
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Upstairs Laundry, Inside
Additional Information
- Pool: Yes
- Pool Description: Variable Speed Pump, Outdoor
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking Features: Attached Garage, RV Access/Parking, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Over Height Garage, Separate Strge Area
Location
- County: Maricopa
- Township: 1S
- Subdivision: WEST LAKE ESTATES
- Cross Streets: Val Vista & Baseline
Community
- Association: Yes
- Assoc. Name: West Lakes Estates
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Natural Gas
Utilities
- Water: City Water
Structural Information
- Builder: UNK
- Exterior Const.: Stucco, Wood Frame, Painted, Stone, Block
- Roof: Tile
- Windows: Screens, Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
- Sq. Ft. Source: Owner
- Year Built: 1988
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,308
- Lot Size Source: Assessor
- Frontage: Asphalt
- Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Green Features
- Water Conservation: Tankless Ht Wtr Heat
Financial Considerations
- Association Fee: $1,845
- Assoc Fee Freq.: Annually
- Other Assoc Fees: $158
- Tax Amount: $5,597
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 56 WEST LAKE ESTATES 2 LOT 41-66 T A-C P-1A MCR 030408
- Property ID: 304-96-745
- Range: 6E
- Section: 5
- Lot Number: 56
Listed by Real Broker
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Schools
Schools serving 1321 E Treasure Cove Dr
School District:Gilbert Unified District
| Name | Grades | Distance |
|---|---|---|
Val Vista Lakes Elementary School 1030 North Blue Grotto Drive, Gilbert, AZ 85234 | PK-6 | 0.2 mi |
Gilbert High School 1101 East Elliot Road, Gilbert, AZ 85234 | 9-12 | 1.8 mi |
Greenfield Junior High School 101 South Greenfield Road, Gilbert, AZ 85296 | 7-8 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1321 E Treasure Cove Dr
Date
Details
Price
Change
Source
5/07/2026
Listed
$1,399,999
91.78%
MLS
5/31/2019
Sold
$730,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1321 E Treasure Cove Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,597
—
$68,256
-33%
2025
$5,597
4%
$102,280
2%
2023
$5,400
3%
$99,910
22%
2022
$5,235
—
$81,910
25%
2022
$5,235
-4%
$65,570
6%
2021
$5,435
2%
$61,710
3%
2020
$5,346
9%
$59,850
5%
2019
$4,924
3%
$56,910
—
2018
$4,772
4%
$56,710
-2%
2017
$4,596
-3%
$57,770
13%
2016
$4,727
11%
$51,300
-7%
2015
$4,257
-1%
$55,360
38%
2014
$4,283
12%
$40,020
10%
2013
$3,822
—
$36,280
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1321 E Treasure Cove Dr
1321 E Treasure Cove Drive, Gilbert, AZ 85234 (MLS# 7020356) is a Single Family property with 4 bedrooms and 4 full bathrooms. 1321 E Treasure Cove Drive is currently listed for $1,399,999 and was received on May 07, 2026. Want to learn more about 1321 E Treasure Cove Drive? Do you have questions about finding other Single Family real estate for sale in Gilbert? You can browse all Gilbert real estate or contact a Coldwell Banker agent to request more information.

