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 | $1,065,000* List Price | 5 | 5 | 4,444 | $240 | - |
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.
Stunningly updated luxury oasis in the quiet, tree-lined gate community of Mahogany! Set on a half-acre lot for extra privacy. Step inside to beautiful wood floors, soaring ceilings formal living room fireplace. The gourmet kitchen features a massive island, granite counters and premium stainless appliances. The custom dual Arcadia doors in the family room frames seamless indoor-outdoor living are which is enhanced the new fireplace and feature wall and opens to the lush backyard with a sparkling heated pool and spa. Upstairs, a flexible loft with closet adapts to your desires. The primary suite features dual walk-in closets, soaking tub, and redesigned shower. Two additional bedrooms feature ensuites, including a walk-in shower in the downstairs ensuite, perfect for all generations. The Seller spared no expense with over $160K in upgrades, including new Anderson windows on the east and west sides, new AC unit in Mar. 2026, automatic roller shades and so much more! All this and only steps away from the community park and play area. A true masterpiece.
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 |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 4,444 | - |
| Lot Size | 20,140 | - |
| Price | $1.06M | $476.2K |
| Price per sq ft | $240 | $271 |
| Built year | 1998 | 0 |
| HOA | $675 | $0 |
| Days on market | 81 | 2611 |
Jun 16, 2026
$1,065,000
$1,125,000
-5% Price Drop
Initial Listing
May 3, 2026
$1,125,000
Initial Listing