1312 S LEMON --, Mesa, AZ 85206, Mesa, 85206 - 3 bed, 2 bath
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Mesa, AZ 85206
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $449,000—positioned well below the $470,002 Fair Market Value by 4%. This valuation gap offers $21,002 in Instant Equity. With an Excellent Condition Rating, the home features a Granite Kitchen, Pella Windows, and RV Infrastructure. Located near Top-Rated Schools like Franklin Junior High, this property provides a rare No HOA lifestyle. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1312 S LEMON -- Subject | $449,000* List Price | 3 | 2 | 1,409 | $334 | - |
A 3747 E DULCIANA Avenue Active Under Contract | $445,000 List Price | 3 | 2 | 1,294 | $344 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1987, the property qualifies as Excellent due to extensive recent renovations (<5 years). Key updates include a newer roof, A/C system, hot water heater, and energy-efficient Pella windows. The kitchen is fully modernized with granite countertops, subway tile backsplash, and stainless steel appliances, and the exterior features fresh paint, ensuring the home is in mint, move-in condition with no immediate maintenance needed.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12191, living area = 1409.
Elementary School: Franklin at Brimhall Elementary School (9/10). Middle School: Franklin Junior High School (10/10).
The property sits on a rare 12,191 sq. ft. oversized lot with no HOA restrictions, offering owners maximum freedom and ample space for outdoor customization or storage.
At 1,409 sq. ft., the interior living space is relatively small compared to the massive lot size, which may feel restrictive for larger families or those seeking expansive indoor areas.
While the elementary and middle schools are highly rated, the assigned high school has a significantly lower rating of 4, which may be a deterrent for education-focused buyers with older children.
NO HOA! Oversized 12,191 sq. ft. lot, charming front porch with swing, RV gate and parking with electric and water hookups, Pella windows, climate-controlled storage room in the garage, and solar in a prime location near Dana Park and the US-60! This well-maintained 3-bedroom, 2-bath home offers 1,409 sq. ft of comfortable living space with vaulted ceilings in the family room and an inviting eat-in kitchen featuring granite countertops, white subway tile backsplash, stainless steel appliances, and a walk-in pantry. Both secondary bedrooms include charming window seats, adding character and functionality. Recent improvements include a freshly painted exterior, newer roof, hot water heater, A/C system with programmable thermostat, replaced zone valves, and energy-efficient Pella windows. Additional features include a security back door. Step outside to enjoy the spacious backyard complete with a pergola, storage shed, and plenty of room to entertain, garden, or simply relax. Conveniently located near shopping, dining, and freeway access, this home offers the perfect blend of comfort, charm, and convenience.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 1.6 mi
Grades K-6 • 2.3 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 | 1,409 | 1,691 | 30% |
| Lot Size | 12,191 | 7,475 | 94% |
| Price | $449.0K | $250.0K | 82% |
| Price per sq ft | $319 | $140 | 92% |
| Built year | 1987 | 1985 | 52% |
| HOA | $0 | $290 | 10% |
| Days on market | 2 | 2297 | 1% |
Jun 4, 2026
$449,000
Initial Listing