11015 E Elmwood Street, Mesa, AZ 85207, Mesa, 85207 - 3 bed, 2 bath
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11015 E Elmwood Street
Mesa, AZ 85207
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,500Sq Ft
50,094Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$587,742
SUMMARY
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $575,000—positioned well below the $587,743 Fair Market Value by 2%. This valuation gap offers $12,743 in Instant Equity. Featuring a Mint Condition Rating, the home includes a fully updated kitchen and panoramic mountain views. Situated on a massive 1.15-acre lot with horse privileges, it offers rare flexibility for future expansion. This property is an ideal acquisition for Owner-Occupants seeking desert lifestyle or Buy-and-Hold Investors.
Estimated Market Value
$587,742
Based on Realkey algorithm analyzing recent comparable sales in Mesa.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1995, the property has undergone a recent high-quality renovation (likely <5 years) featuring a modern kitchen with new shaker cabinetry, quartz countertops, and stainless steel appliances. With updated bathrooms, fresh paint, modern fixtures, and consistent tile flooring throughout, the home is in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 50094, living area = 1500.
- Expansive Lot & Horse Privileges
Situated on a massive 1.15-acre lot within a County Island, this property offers rare horse privileges and no HOA, providing ultimate flexibility for additions like a casita, workshop, or horse corrals.
- Modern Interior Renovations
The home features a fully updated kitchen with quartz countertops and stainless steel appliances, along with tastefully remodeled bathrooms and durable tile flooring throughout, ensuring a move-in-ready experience.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At 1,500 square feet, the interior living space is relatively modest compared to the expansive lot size, which may be a drawback for buyers seeking a larger floor plan at this price point.
- Potential Aging Infrastructure
While the interior has been updated, the home was built in 1995; buyers should consider the age of major structural components and systems that may not have been part of the recent cosmetic renovations.
About 11015 E Elmwood Street
Your clients will be delighted with this charming 3-bedroom, 2-bath home offering privacy, breathtaking mountain views, and the beauty of Arizona living! Surrounded by lush landscaping and majestic saguaros, this property provides a peaceful desert setting with plenty of room to enjoy. Inside, you'll find an updated kitchen featuring new cabinetry, quartz countertops, and stainless steel appliances. Tile flooring throughout adds to the home's appeal, while both bathrooms feature tasteful updates. Enjoy spectacular mountain views from the living room and bedrooms, bringing the beauty of the outdoors inside. The fully fenced backyard offers plenty of room for outdoor entertaining, pets, and more. Located on a County Island with horse privileges, the generous lot provides endless possibilities, including space for a large detached garage, horse corrals, or even a casita! Conveniently located near the Loop 202 freeway, with easy access to shopping, dining, and outdoor recreation, including nearby lakes, the Salt River Recreation Area, and Usery Mountain Regional Park. A wonderful opportunity to enjoy peaceful desert living with beautiful surroundings, modern updates, and room to make it your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1995
- Lot Size
- 50,094 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,500 | 1,898.592 |
| Lot Size | 50,094 | 7,745.036 |
| Price | $575.0K | $485.3K |
| Price per sq ft | $383 | $264 |
| Built year | 1995 | 1995 |
| HOA | $0 | $174 |
| Days on market | 4 | 67 |
Pricing History
Listed for Sale
Oct 20, 2026
$575,000
Initial Listing