1102 N NASSAU --, Mesa, AZ 85205, Mesa, 85205 - 5 bed, 5 bath
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Mesa, AZ 85205
This Spacious Luxury Estate represents a High-Potential Investment Opportunity, listed at $1,125,000—positioned well below the $1,153,585 Fair Market Value by 2%. This valuation gap offers $28,585 in Instant Equity. Featuring a Gourmet Kitchen, Private Pool and Spa, and a Half-Acre Lot, the home maintains a Fair Condition Rating with room for cosmetic modernization. Located near Franklin Elementary (9/10), this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1102 N NASSAU -- Subject | $1,125,000* List Price | 5 | 5 | 4,444 | $259 | - |
A 3850 E HUBER Street 1 Sold | $839,900 List Price | 5 | 5 | 4,647 | 0.4 mi | |
B 1126 N NASSAU Street Active | $870,000 List Price | 5 | 4 | 3,740 | $233 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (26 years old), the property falls into the fair category due to its age exceeding 20 years. While the home is well-maintained and features some updates like a new fireplace and stainless appliances, the kitchen cabinetry and flooring are dated, and the bedroom carpeting shows signs of age, suggesting a need for minor cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20140, living area = 4444.
Elementary School: Franklin Elementary School (9/10).
The expansive half-acre lot features a private pool, heated spa, and custom dual Arcadia doors that facilitate a seamless transition between the luxury interior and the lush backyard.
Constructed in 1998, some interior elements and architectural styles may require updates to align with the contemporary aesthetic preferences of today's luxury buyers.
While the area offers high-rated elementary schools, the assigned junior high and high schools have lower ratings, which could impact appeal for families prioritizing top-tier secondary education.
Wake up to quiet, tree-lined views in this spacious luxury retreat tucked inside the gated Mahogany community. Set on a half-acre lot for extra privacy, this home is designed for both everyday comfort and effortless entertaining. The gourmet kitchen with granite counters and stainless appliances anchors the home, while custom dual Arcadia doors in the family room frames seamless indoor-outdoor living--opening to the lush backyard with a sparkling pool and heated spa. Cozy up to the new fireplace or hang out at the bar. Upstairs, a flexible loft with closet adapts to your needs. The primary bedroom features his and her separate walk in closets, soaking tub and separate shower. Two additional beds features en suites. All this and steps from a park and play area. Over $160K in updates!
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 1.4 mi
Grades PK-6 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 5.0 | 2.0 | 96% |
| Square foot | 4,444 | 1,596.5 | 97% |
| Lot Size | 20,140 | 7,525 | 96% |
| Price | $1.12M | $282.5K | 96% |
| Price per sq ft | $253 | $204 | 63% |
| Built year | 1998 | 1984 | 92% |
| HOA | $675 | $0 | 98% |
| Days on market | 44 | 2309 | 1% |
May 3, 2026
$1,125,000
Initial Listing