107 LEISURE WORLD --, Mesa, AZ 85206, Mesa, 85206 - 2 bed, 2 bath
Loading property details...
Mesa, AZ 85206
This Modernized Adult Community Condominium is a Strong Value Opportunity, listed at $249,999—positioned well below the $265,784 Fair Market Value by 5%. This valuation gap offers $15,785 in Instant Equity for buyers. The property maintains an Updated Condition Rating, featuring a Granite Kitchen, New Flooring, and a private Patio. Located near Top-Rated Schools like Franklin Elementary (9/10), it combines resort-style amenities with significant financial upside. This is an ideal opportunity for Owner-Occupants or Retirees seeking a move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 107 LEISURE WORLD -- Subject | $244,999* List Price | 2 | 2 | 1,397 | $179 | - |
A 437 LEISURE WORLD -- Sold | $183,690 | 3 | 2 | 1,490 | $123 | 0.2 mi |
B 217 LEISURE WORLD -- Active | $304,999 List Price | 2 | 2 | 1,408 | $217 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern updates, including a completely renovated kitchen with white shaker cabinets, granite countertops, and stainless steel appliances. New wood-look flooring has been installed throughout the home, and the bathrooms have been updated for accessibility. While the interior finishes are high quality and recent, the 1974 build year and the presence of original popcorn ceilings suggest that while major components are updated, it is not a brand-new or total-gut renovation.
Elementary School: Franklin Elementary School (9/10).
The home features significant updates including new flooring throughout, a remodeled kitchen with granite countertops, and newer appliances, offering a move-in-ready experience.
Located in the Leisure World adult community, residents have access to extensive facilities including 36 holes of golf, tennis and pickleball courts, swimming pools, and a state-of-the-art fitness center.
The association fee of $652 is relatively high, which may impact the overall monthly affordability and budget for some potential buyers.
Built in 1974, the property may have aging structural or mechanical systems that could require ongoing maintenance or future replacement despite the recent cosmetic renovations.
This spacious 2-bedroom, 2-bath home just steps away from all the amenities. Thoughtfully updated, the home features new flooring throughout, a modern kitchen with sleek granite countertops, and newer appliances, making it perfect for both everyday living and entertaining. The large family room offers plenty of space for gatherings, while the bedrooms provide comfort and privacy. The bathrooms have been tastefully updated, including modifications for handicap accessibility, blending style and functionality seamlessly. Enjoy all that the premier adult community of Leisure World has to offer, including 36 holes of private golf, tennis complex, pickleball courts, swimming pools, a state-of-the-art fitness center, billiards, ceramics, and countless social clubs and activities
No exterior & parking available.
Grades PK-6 • 1.5 mi
Grades PK-6 • 2.2 mi
Grades K-6 • 6.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,397 | 1,120 | 82% |
| Lot Size | 1,638 | 1,380 | 59% |
| Price | $245.0K | $209.5K | 55% |
| Price per sq ft | $175 | $199 | 36% |
| Built year | 1974 | 1985 | 14% |
| HOA | $652 | $197 | 95% |
| Days on market | 27 | 2354 | 5% |
Apr 20, 2026
$244,999
$249,999
-2% Price Drop
Initial Listing
Mar 26, 2026
$249,999
Initial Listing