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$579,000 Just Listed
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Property Description
LAKEFRONT LUXURY LIVING in the Coveted Master Planned Lake Community of The Islands. When your Backyard is a Lake...everyday feels like a stay-cation! ROOF- RECOATED IN 2024/ 2 NEWER ACs 2019/2025 / WHOLE HOUSE H20 CONDITIONER-PURIFIER. KITCHEN & BATHS UPDATED- SPARKLING WHITE CABINETRY -HARDWARE/LIGHTS/GORGEOUS QUARTZ COUNTERS & STAINLESS APPLIANCES. Enjoy the space (nearly 2500sqft) of a single-family home & pool without its upkeep! Wonderful Open&Bright Floorplan allowing for 3 Bedroom + Den + Loft/Bonus room plus plenty of Storage & Garage Space. Beautiful views of both the Lake & the Community Pool. If you'd enjoy boating, kayaking, fishing and incredible Sunsets--this is the place for you! Bonus: Only 2mi. to hopping Downtown Gilbert! See Photos!
Full Property Details
Full Property Details for 1418 W Coral Reef Dr
General
- Price: $579,000
- HOA FEE: $231/month
- Taxes: $2,433 (2025)
- Status: Active
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7098337
- Updated: 10/25/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Quartz Countertops, High Speed Internet, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Appliances: Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Electric Range, Electric Oven, Water Purifier
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Additional Information
- Security/Safety: Fire Sprinkler System
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage, Garage Door Opener, Direct Access
Location
- County: Maricopa
- Township: 1S
- Subdivision: TOWNHOMES ON CORAL REEF
- Cross Streets: Elliot / McQueen
Community
- Association: Yes
- Assoc. Name: Townhomes Coral Reef
- Assoc. Fees Include: Insurance, Pest Control, Maintenance Grounds, Front Yard Maint, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
- Heating Type: Zoned, Electric
Utilities
- Water: Public
Structural Information
- Architectural Style: Contemporary,
- Builder: Homes by Roman
- Exterior Const.: Stucco, Wood Frame
- Roof: Tile, Built-Up, Foam
- Common Walls: 2+ Common Walls
- Windows: Screens, Dual Pane
- Year Built: 2001
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,182
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Association Fee: $231
- Assoc Fee Freq.: Monthly
- Other Assoc Fees: $402
- Tax Amount: $2,433
- Tax Year: 2025
- Terms: VA Loan, Cash, Conventional, 1031 Exchange, FHA
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 20 TOWNHOMES ON CORAL REEF MCR 028348
- Property ID: 302-30-576
- Range: 5E
- Section: 14
- Lot Number: 20
Listed by West USA Realty
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Schools
Schools serving 1418 W Coral Reef Dr
School District:Gilbert Unified District
| Name | Grades | Distance |
|---|---|---|
Islands Elementary School 245 South McQueen Road, Gilbert, AZ 85233 | PK-6 | 0.2 mi |
Mesquite High School 500 South McQueen Road, Gilbert, AZ 85233 | 9-12 | 0.5 mi |
Mesquite Jr High School 130 West Mesquite Street, Gilbert, AZ 85233 | 7-8 | 1.4 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 1418 W Coral Reef Dr
Date
Details
Price
Change
Source
10/24/2026
Listed
$579,000
52.37%
MLS
11/07/2018
Sold
$380,000
—
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 1418 W Coral Reef Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,433
4%
$52,310
4%
2024
$2,339
-1%
$50,220
-11%
2023
$2,359
3%
$56,130
24%
2022
$2,287
—
$45,180
24%
2022
$2,287
-5%
$36,400
6%
2021
$2,416
2%
$34,270
3%
2020
$2,379
9%
$33,330
8%
2019
$2,187
3%
$30,860
6%
2018
$2,119
4%
$29,160
3%
2017
$2,045
-3%
$28,350
4%
2016
$2,116
10%
$27,270
—
2015
$1,928
-5%
$27,220
34%
2014
$2,021
13%
$20,360
18%
2013
$1,790
—
$17,200
—
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 1418 W Coral Reef Dr
1418 W Coral Reef Drive, Gilbert, AZ 85233 (MLS# 7098337) is a Townhouse property with 3 bedrooms and 3 full bathrooms. 1418 W Coral Reef Drive is currently listed for $579,000 and was received on October 24, 2026. Want to learn more about 1418 W Coral Reef Drive? Do you have questions about finding other Townhouse real estate for sale in Gilbert? You can browse all Gilbert real estate or contact a Coldwell Banker agent to request more information.

