1124 N 115TH Place, Mesa, AZ 85207, Mesa, 85207 - 4 bed, 3 bath
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Mesa, AZ 85207
This Horse-Friendly Estate presents a Prime Investment Opportunity with a List Price of $880,000—positioned well below the $903,496 Fair Market Value by 2%. This valuation gap offers $23,496 in Instant Equity. Featuring a Mint Condition Rating after $191,000 in recent upgrades, including a new 5-ton HVAC and a second primary suite, this property is ideal for Multi-Generational Families or Equestrian Enthusiasts seeking a turnkey, high-utility asset with mountain views and extensive infrastructure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1124 N 115TH Place Subject | $880,000* List Price | 4 | 3 | 2,260 | $400 | - |
A 907 N MOUNTAIN Road Pending | $800,000 List Price | 4 | 2 | 2,178 | $367 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1999, the property has undergone $191,000 in recent high-end renovations, including a new 5-ton HVAC system and a modern kitchen with updated cabinetry and solid-surface countertops. The interior features new luxury vinyl plank flooring and a recently completed garage-to-suite conversion, placing the home in mint condition with major systems and finishes updated within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 51183, living area = 2260.
The property is a premier horse-friendly estate featuring a 2-stall barn, arena fencing, a spacious shop, and multiple RV/carport structures on over an acre of land.
A recent $191,000 investment includes a garage conversion into a full second primary suite with a kitchenette and private bath, ideal for guests or extended family.
The conversion of the original garage into living space means the property lacks traditional enclosed vehicle parking, which may be a drawback for some buyers.
At this price point in the Mesa market, an above-ground pool may be perceived as having lower value and less aesthetic appeal compared to a permanent in-ground installation.
Stunning, meticulously maintained, fully fenced horse property across from thousands of acres of riding, UTV, and hiking trails! This spacious home features a large kitchen with abundant cabinetry and counter space, oversized bedrooms, and a primary suite with walk-in closets. Separate living and family rooms provide flexible space for a home office, gym, or playroom. The attached mother-in-law studio offers a full bath and kitchenette. Outside, enjoy 3 covered patios, a grassy yard, pool, hot tub, 3 covered horse stalls, arena, tack room, chicken coop, 6-car shop, office/storage shed, two large carports, and RV parking. Recent upgrades include a new 5-ton A/C, roof, water heater, R/O system, electric gate, carports, and fresh interior/exterior paint.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,260 | - |
| Lot Size | 51,183 | - |
| Price | $880.0K | $476.2K |
| Price per sq ft | $389 | $271 |
| Built year | 1999 | 0 |
| HOA | $0 | $0 |
| Days on market | 20 | 2611 |
Jul 2, 2026
$880,000
Initial Listing