A rare find in the highly desirable Gilbert Islands community of Coral Reef! This spacious townhome is priced to sell fast and has been recently remodeled to perfection. Updates include beautiful carpet, new tile in the master and baths, an elegant cantera stone fireplace surround, upgraded wet bar & new granite countertops, new lighting fixtures, new door hardware, and new blinds throughout. The kitchen features stainless steel appliances, custom wine fridge and offers plenty of counter/cabinet space, opening up to a roomy dining area—ideal for entertaining. With vaulted ceilings, NEW ROOF, custom neutral paint, with a light, airy atmosphere. Move-in ready and a perfect opportunity to own in one of Gilbert's most sought-after communities!
Sold for $405,000
$405,000
1301 W Coral Reef Drive, Gilbert, AZ 85233
3beds
1,583sqft
Townhouse
Built in 1986
1,795 Square Feet Lot
$404,900 Zestimate®
$256/sqft
$2,489 Estimated rent
Home value
$404,900
$373,000 - $441,000
$2,489/mo
Zestimate® history
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$2,552/mo
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List your homeWhat's special
Custom neutral paintNew door hardwareLight airy atmosphereNew lighting fixturesRoomy dining areaCustom wine fridgeVaulted ceilings
Zillow last checked:
Listing updated:
Listed by:
Mara Benson 480-215-6658,
Bliss Realty & Investments,
Amber Parker 480-417-8447,
Bliss Realty & Investments
Bought with:
Gayle M Shalloo, SA680432000
Keller Williams Arizona Realty
Source: ARMLS,MLS#: 6916791
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Built-in Microwave, Dishwasher, Disposal
- Laundry: Inside
Features
- Pantry, Non-laminate Counter, High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Wet Bar, Full Bth Master Bdrm
- Flooring: Carpet, Tile, Wood
- Windows: Double Pane Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room
- Common walls with other units/homes: 1 Common Wall,End Unit
Interior area
- Total structure area: 1,583
- Total interior livable area: 1,583 sqft
Property
Parking
- Total spaces: 2
- Parking features: Unassigned, Garage Door Opener
- Garage spaces: 2
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Balcony, Private Street(s), Private Yard
- Spa features: None
- Fencing: Block
Lot
- Size: 1,795 Square Feet
- Features: East/West Exposure, Corner Lot, Natural Desert Back, Gravel/Stone Front, Grass Back, Irrigation Front, Irrigation Back
Details
- Parcel number: 30230609
- Lease amount: $0
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Features: Pool, Lake, Biking/Walking Path
- Subdivision: The Gilbert Islands -- The Townhomes on Coral Reef
HOA
- Has HOA: Yes
- Services included: Insurance, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Maintenance Exterior
- HOA fee: $211 monthly
- HOA name: Townhomes @ Coral Re
- HOA phone: 602-433-0331
- Second HOA fee: $346 semi-annually
- Second HOA name: The Islands
- Second HOA phone: 480-551-4300
Location
- Region: Gilbert
Financial & listing details
- Price per square foot: $256/sqft
- Tax assessed value: $383,600
- Annual tax amount: $2,023
- Date on market: 9/16/2025
- Cumulative days on market: 234 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Sold | $405,000$256/sqft |
Source:  ARMLS #6916791 Report a problem | ||
| 2/21/2026 | Price change | $405,000-2.4%$256/sqft |
Source: ARMLS #6916791 Report a problem | ||
| 1/30/2026 | Price change | $415,000-2.6%$262/sqft |
Source: ARMLS #6916791 Report a problem | ||
| 12/31/2025 | Price change | $426,000-4.3%$269/sqft |
Source: ARMLS #6916791 Report a problem | ||
| 12/2/2025 | Price change | $445,000-1.1%$281/sqft |
Source: ARMLS #6916791 Report a problem | ||
| 11/13/2025 | Price change | $450,000-1.1%$284/sqft |
Source: ARMLS #6916791 Report a problem | ||
| 9/16/2025 | Listed for sale | $455,000-4.2%$287/sqft |
Source: ARMLS #6916791 Report a problem | ||
| 7/3/2025 | Listing removed | $475,000$300/sqft |
Source: ARMLS #6754122 Report a problem | ||
| 5/21/2025 | Price change | $475,000-3.1%$300/sqft |
Source: ARMLS #6754122 Report a problem | ||
| 1/17/2025 | Price change | $490,000-2%$310/sqft |
Source: ARMLS #6754122 Report a problem | ||
| 10/4/2024 | Listed for sale | $500,000+237.8%$316/sqft |
Source: ARMLS #6754122 Report a problem | ||
| 6/15/2012 | Sold | $148,000+40.7%$93/sqft |
Source: ARMLS #4713245 Report a problem | ||
| 8/22/2011 | Sold | $105,200-58.4%$66/sqft |
Source: Public Record Report a problem | ||
| 4/14/2006 | Sold | $253,000+69.8%$160/sqft |
Source: Public Record Report a problem | ||
| 2/20/2004 | Sold | $149,000+140.3%$94/sqft |
Source: Public Record Report a problem | ||
| 3/3/1994 | Sold | $62,000$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,835 +3.8% | $38,360 -10.6% |
| 2024 | $1,767 -0.5% | $42,920 +132.9% |
| 2023 | $1,777 +2.3% | $18,430 -34.2% |
| 2022 | $1,737 -1.9% | $28,000 +5.8% |
| 2021 | $1,770 +7.6% | $26,470 +10.8% |
| 2020 | $1,644 +2.8% | $23,880 +5.4% |
| 2019 | $1,599 | $22,660 +7.3% |
| 2018 | $1,599 +3.4% | $21,110 +5.7% |
| 2017 | $1,547 +7% | $19,970 +10.9% |
| 2016 | $1,446 -3% | $18,010 +3.7% |
| 2015 | $1,491 | $17,360 +35% |
| 2014 | -- | $12,860 +19.1% |
| 2013 | -- | $10,800 -16.6% |
| 2006 | -- | $12,950 |
| 2005 | -- | $12,950 -5.1% |
| 2004 | -- | $13,650 |
| 2003 | -- | $13,650 +25.2% |
| 2002 | -- | $10,900 |
Find assessor info on the county website
Neighborhood: The Islands
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10Islands Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 6/10Mesquite High SchoolGrades: 8-12Distance: 0.5 mi
- 5/10Mesquite Jr High SchoolGrades: 6-8Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Islands Elementary School
- Middle: Mesquite Jr High School
- High: Mesquite High School
- District: Gilbert Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$404,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$404,900
- Arizona
- Maricopa County
- Gilbert
- 85233
- The Islands
- 1301 W Coral Reef Drive
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