1009 LEISURE WORLD --, Mesa, AZ 85206, Mesa, 85206 - 2 bed, 2 bath
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Mesa, AZ 85206
This Spacious Active Adult Residence is a Strong Value Opportunity, listed at $349,900—positioned well below the $376,489 Fair Market Value by 7%. This valuation gap offers $26,589 in Instant Equity. Featuring a Condition Rating of 4, the home offers recent interior updates and a golf course view from the sunroom. Located in the premier Leisure World community near top-rated Franklin Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a lifestyle-focused, value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1009 LEISURE WORLD -- Subject | $349,900* List Price | 2 | 2 | 2,247 | $168 | - |
A 2716 LEISURE WORLD -- Sold | $279,900 List Price | 3 | 2 | 1,667 | 0.4 mi | |
B 1426 LEISURE WORLD -- Sold | $449,000 List Price | 3 | 2 | 2,227 | 0.7 mi | |
C 1426 LEISURE WORLD -- Sold | $426,500 List Price | 3 | 2 | 2,227 | 0.7 mi | |
D 529 LEISURE WORLD -- Active | $340,000 List Price | 2 | 2 | 2,041 | $167 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 38 years old (built 1986). While it features recent cosmetic updates including fresh interior paint and new vinyl plank flooring, the kitchen and bathrooms remain dated with original oak cabinetry and laminate countertops. The presence of a wall-mounted AC unit suggests the central HVAC may be older or insufficient. It is well-maintained and move-in ready but requires modernization of the primary systems and wet areas.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9055, living area = 2247.
Elementary School: Franklin at Brimhall Elementary School (9/10).
Situated in the highly desirable Leisure World subdivision, the property offers access to a premier active adult lifestyle with extensive community amenities and a well-regarded social environment.
Built in 1986, the property may require upcoming capital improvements for major systems such as the roof or HVAC if they have not been recently replaced.
The $370 association fee represents a significant monthly overhead that buyers must factor into their long-term budget compared to non-HOA or lower-fee neighborhoods.
Welcome to this well-maintained 3-bedroom, 2-bath home in the highly desirable adult community of Leisure World. Enjoy indoor-outdoor living with a private enclosed courtyard and bright sun room, perfect for relaxing or entertaining. Fresh interior paint and new vinyl plank flooring enhance the main living spaces, creating a clean, updated feel. Abundant storage throughout adds convenience and functionality. This inviting home offers comfort, space, and a sought-after lifestyle in one of the area's premier active adult communities.
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades PK-6 • 2.1 mi
Grades K-6 • 5.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,247 | 1,704 | 88% |
| Lot Size | 9,055 | 7,475 | 81% |
| Price | $349.9K | $277.0K | 63% |
| Price per sq ft | $156 | $149 | 51% |
| Built year | 1986 | 1985 | 52% |
| HOA | $370 | $290 | 68% |
| Days on market | 10 | 2306 | 1% |
Jun 5, 2026
$349,900
Initial Listing