
Mesa, AZ 85208
This Resort-Style 55+ Residence is a Strong Value Opportunity, listed at $359,900—positioned well below the $379,428 Fair Market Value by 5%. This valuation gap provides $19,528 in Instant Equity for incoming owners. The home holds a Condition Rating of 4, featuring a functional split master floor plan and private covered patio in the gated Fountain of the Sun community. Located near top-rated Franklin Elementary (9/10) and premier golf amenities, it balances lifestyle with appreciation. This is an ideal match for Active Adult Owner-Occupants or Value-Seeking Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1034 S 81ST Street Subject | $359,900* List Price | 3 | 2 | 1,474 | $257 | - |
A 1051 S FLORENCE Drive Sold | $389,996 List Price | 2 | 2 | 1,784 | 0.1 mi | |
B 7920 E FRITO Drive Sold | $349,000 List Price | 2 | 2 | 1,308 | 0.2 mi | |
C 8466 E EMELITA Avenue Sold | $425,000 | 4 | 2 | 1,598 | $266 | 0.5 mi |
D 1142 S 81ST Place Sold | $360,000 | 2 | 2 | 1,294 | $278 | 0.1 mi |
E 1142 S 81ST Place Sold | $360,000 | 2 | 2 | 1,294 | $278 | 0.1 mi |
F 7439 E ED RICE Avenue Sold | $384,900 List Price | 2 | 2 | 1,236 | 0.8 mi | |
G 8033 E Flossmoor Avenue Active | $359,995 List Price | 3 | 2 | 1,650 | $218 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained but reflects its 1979 construction with several dated features. While the kitchen includes functional appliances and the roof was replaced in 2013, the interior still features popcorn ceilings, laminate countertops, and older-style cabinetry. The flooring and partial bathroom updates provide a clean, move-in-ready environment, but the home lacks the comprehensive modern renovation or recent construction date required for a 'Good' or 'Excellent' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1474.
Elementary School: Franklin Elementary School (9/10).
Located in the premier Fountain of the Sun 55+ gated community, the property offers walking distance access to a golf course, heated pool, spa, pickleball courts, and an on-site restaurant.
With laminate countertops and flooring installed in 2012, the interior may require additional capital investment for cosmetic modernizations to meet current market trends.
Built in 1979, the property may present upcoming maintenance needs for original systems not covered by the 2013 roof replacement or the partial bathroom update.
A rare opportunity in the vibrant 55+ gated community of Fountain of the Sun! This well-maintained residence features a popular split master bedroom floor plan complete with a spacious walk-in closet. The interior boasts a clean mix of carpet and tile flooring (2012) and a functional partial bathroom remodel (2026) that includes helpful accessibility grab bars. The large eat-in kitchen is fully equipped with laminate countertops, a pantry, dishwasher, refrigerator, and disposal. For your convenience, the home features an indoor laundry area with a washer hookup and a 220V dryer connection. Significant exterior maintenance includes a full roof replacement (2013). Enjoy the beautiful Arizona weather from your private covered patio or utilize the spacious 2-car garage for parking and storage. Walking distance to the main pool/spa, Activity Center, Birdie's Restaurant, Golf Pro Shop, and driving range. Conveniently located near the US 60 and Red Mountain Freeways, with easy access to Mesa Gateway Airport, Sky Harbor, and Costco. Superstition Springs & San Tan Mall are a short drive away. Enjoy Country Club & Golf Community amenities, including a lake, golf course, post office, pickleball, bocce ball, fitness, billiards, library, and more.
No exterior & parking available.
Grades PK-6 • 1.7 mi
Grades PK-6 • 3.9 mi
Grades K-6 • 7.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,474 | 1,579 | 38% |
| Lot Size | 8,276 | 7,365 | 65% |
| Price | $359.9K | $356.5K | 50% |
| Price per sq ft | $244 | $219 | 64% |
| Built year | 1979 | 1997 | 27% |
| HOA | $381 | $100 | 90% |
| Days on market | 44 | 2281 | 1% |
Mar 10, 2026
$359,900
Initial Listing