IntelliJ Gradle Plugin: The supplied javaHome seems to be invalid

Question

Similar to:
- Intellij 14 the supplied javaHome seems to be invalid
- Android Studio - supplied javaHome is not a valid folder

However, I am trying to use

Answer 1

UPDATE I believe this issue has been fixed as of 14.1.3

Related bug links:

• Intellij 14.1 cannot Import correctly Module with Gradle

That said, I was able to get by using @Sergii Pechenizkyi's answer; however, it seems like this problem has a few different solutions.