
Mesa, AZ 85201
This Renovated Adobe-Style Townhouse is listed at $425,000, representing a stable entry point at its $425,000 Fair Market Value. Boasting a Condition Score of 2, the residence features high-end upgrades including Andersen sliding glass doors, a private courtyard, and a whole-home water treatment system. Residents benefit from the top-rated 9/10 Franklin Elementary School and immediate proximity to ASU and Tempe Marketplace. This move-in-ready sanctuary offers a blend of architectural character and modern convenience, making it an ideal fit for Owner-Occupants or first-time buyers seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1301 W RIO SALADO Parkway 51 Subject | $425,000* List Price | 2 | 2 | 1,522 | $279 | - |
A 1301 W RIO SALADO Parkway 15 Active | $369,900 List Price | 2 | 2 | 1,482 | $250 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1980, the property has undergone an extensive recent renovation within the last 5 years. It features brand-new Andersen sliding glass doors, fully refreshed bathrooms with modern vanities and showers, new appliances, and updated flooring throughout. The interior presents as virtually new with high-quality designer finishes and no visible deferred maintenance.
Elementary School: Franklin Elementary School (9/10).
The property features significant recent improvements including five brand-new Andersen sliding glass doors, updated bathrooms, new appliances, and a whole-home water treatment system, ensuring a move-in-ready experience.
Ideally situated minutes from the Loop 101, ASU, Tempe Marketplace, and Sloan Park, offering residents exceptional access to major employment hubs, shopping, and entertainment.
While local elementary schools are highly rated, the assigned middle and high schools currently hold low ratings, which may impact long-term appeal for families with older children.
Built in 1980, the property may require ongoing maintenance or future capital expenditures for original systems and structural components not addressed by recent cosmetic renovations.
Private Courtyard Retreat with Timeless Adobe Character & Designer Appeal. Step through the courtyard and discover a home that immediately stands apart. Sunlight streams through clerestory and picture windows, indoor/outdoor living welcomes you in, and the thoughtfully designed layout creates a sense of warmth, calm, and effortless flow. Inside, five brand-new Andersen sliding glass doors, a cozy fireplace, and an open-concept design blend indoor and outdoor living beautifully. The home features two spacious bedrooms, two updated bathrooms, and a versatile office or flex space perfect for remote work or easily converted into a third bedroom. Recent upgrades include modern flooring, refreshed bathrooms with sleek vanities and showers, new appliances, and a whole-home water treatment syst delivering a clean, move-in-ready experience while preserving the home's unique architectural charm. The private backyard extends your living space, ideal for entertaining, grilling, or enjoying peaceful evenings under the Arizona sky. An oversized attached two-car garage, rare for townhome living, offers exceptional storage and flexibility. Residents enjoy access to a sparkling community pool and a prime location just minutes from the Loop 101, ASU/Tempe, Riverview Park, Mesa Riverview shopping and dining, Tempe Marketplace, and Sloan Park (Chicago Cubs Spring Training Stadium). A distinctive courtyard-style residence offering natural light, privacy, and character-this is a rare opportunity in one of Mesa's most connected and desirable locations.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades K-6 • 2.1 mi
Grades K-6 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,522 | 1,124 | 89% |
| Lot Size | 3,690 | 886.5 | 83% |
| Price | $425.0K | $225.6K | 97% |
| Price per sq ft | $279 | $231 | 81% |
| Built year | 1980 | 1985 | 31% |
| HOA | $250 | $188 | 92% |
| Days on market | 96 | 2618 | 3% |
Jan 16, 2026
$425,000
Initial Listing