11464 E MONTEREY Avenue, Mesa, AZ 85209, Mesa, 85209 - 3 bed, 2 bath
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Mesa, AZ 85209
This Sunland Springs Village Residence is a High-Potential Investment Opportunity, listed at $435,000—positioned well below the $344,655 Fair Market Value by -26%. Featuring a 1,785 sq ft split floorplan, this Fair Condition Rating home offers premium upgrades like plantation shutters and a Murphy bed. While the property requires attention to aging systems, the resort-style amenities and low HOA fees provide significant lifestyle value. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property in a premier golf community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11464 E MONTEREY Avenue Subject | $435,000* List Price | 3 | 2 | 1,785 | $193 | - |
A 11217 E LAGUNA AZUL -- Sold | $338,900 List Price | 3 | 2 | 1,892 | 0.5 mi | |
B 11427 E MONTEREY Avenue Sold | $495,000 List Price | 2 | 2 | 2,435 | 0.1 mi | |
C 11242 E MEDINA Avenue Active Under Contract | $465,000 List Price | 3 | 3 | 1,915 | $243 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old, placing it in the 'Fair' category based on the age criteria (>20y). While the home is exceptionally well-maintained and move-in ready with high-end shutters and clean interiors, the visible bathroom cabinetry and fixtures are original/dated, and major systems like HVAC and roofing are likely approaching the end of their typical 20-25 year lifecycle.
Located in Sunland Springs Village, the property offers access to a 27-hole golf course, multiple pools, and pickleball courts, all while maintaining some of the lowest HOA fees in the East Valley.
The home is move-in ready with high-end architectural details including tray ceilings, plantation shutters, bay windows, and a functional Murphy bed in the third bedroom.
The 1,785 sq ft split floorplan features an open-concept living area perfect for entertaining, complemented by an Arizona room and a desirable extended garage.
The assigned high school carries a lower rating of 4/10, which may be a deterrent for certain buyer profiles and could impact long-term property appreciation.
As a 20-year-old property, major components such as the roof and HVAC system may be approaching the end of their typical functional lifespan, potentially requiring near-term capital investment.
1750 model in Sunland Springs Village! 1,785 sq ft with 3 bed, 2 bath split floorplan. Open concept kitchen, dining, and living area; great for entertaining. The third bedroom features a Murphy bed and walk-in closet, making it a perfect office or guest room depending on what you need. Tray Ceilings, Bay Windows, Plantation Shutters, and an extended garage are just some of the extra features this home has! Outside you'll find a large front seating area, an Arizona room out back, and desert landscaping for minimal maintenance. Sunland Springs Village is built around a 27 hole executive golf course with some of the lowest HOA fees in the area. Amenities include multiple pools, tennis, pickleball, fitness center, billiards, library and more. Major retailers and dining options within a mile and more new development coming soon to the area, this is one of the east valley hot spots. If this sounds like your next home, let's get you in to see it.
No exterior & parking available.
Grades PK-6 • 1.8 mi
Grades PK-6 • 2.6 mi
Grades 7-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,785 | 1,885 | 45% |
| Lot Size | 6,660 | 6,547 | 52% |
| Price | $435.0K | $338.5K | 70% |
| Price per sq ft | $244 | $169 | 66% |
| Built year | 2004 | 1998 | 93% |
| HOA | $926 | $125 | 99% |
| Days on market | 5 | 2661 | 1% |
Jun 10, 2026
$435,000
Initial Listing