1645 LEISURE WORLD --, Mesa, AZ 85206, Mesa, 85206 - 2 bed, 2 bath
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Mesa, AZ 85206
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $359,999—positioned well below the $397,860 Fair Market Value by 9%. This valuation gap provides $37,861 in Instant Equity. Featuring an Excellent Condition Rating with a 2024 roof and 2025 flooring, this home offers a private courtyard and sunroom. Located in the gated Leisure World 55+ community with access to top-rated schools like Franklin Elementary, this is an ideal sanctuary for Active Retirees or Downsizing Homeowners.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1645 LEISURE WORLD -- Subject | $359,999* List Price | 2 | 2 | 1,828 | $218 | - |
A 2511 LEISURE WORLD -- Sold | $450,000 List Price | 3 | 2 | 1,937 | 0.5 mi | |
B 1014 LEISURE WORLD -- Sold | $307,000 | 2 | 2 | 1,475 | $208 | 0.4 mi |
C 872 LEISURE WORLD -- Sold | $365,000 List Price | 2 | 2 | 1,664 | 0.7 mi | |
D 1426 LEISURE WORLD -- Sold | $449,000 List Price | 3 | 2 | 2,227 | 0.3 mi | |
E 1426 LEISURE WORLD -- Sold | $426,500 List Price | 3 | 2 | 2,227 | 0.3 mi | |
F 1782 LEISURE WORLD -- Pending | $449,990 List Price | 3 | 2 | 1,907 | $236 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent extensive recent renovations including new LVP flooring (2025), a new roof (2024), and a new HVAC system (2021). Interior photos show modern bathroom vanities, updated fixtures, and a mint-condition, move-in ready interior that meets the <5-year renovation criteria for excellent condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7949, living area = 1828.
Elementary School: Franklin Elementary School (9/10).
The property features significant high-ticket updates including a new roof (2024), new LVP flooring (2025), and a relatively new HVAC system (2021), minimizing immediate move-in costs and maintenance concerns.
The $383 monthly association fee is a significant recurring expense that may impact the overall affordability for budget-conscious buyers despite the extensive amenities provided.
While key systems have been updated, the 1981 construction year suggests that other original elements, such as plumbing or electrical components not mentioned as updated, may eventually require attention.
Updated 2 Bed/2 Bath in the Gated 55+ community Leisure World with 2 car garage. New LVP flooring (2025), new roof (2024) and HVAC (2021). Spacious layout with oversized living areas and large bedrooms, both with walk-in closets. Kitchen features ample cabinetry and a slider to the enclosed front courtyard with fireplace, ideal for relaxing or entertaining. Rear sunroom and patio with no direct neighbors behind for added privacy. Resort-style amenities include golf options, pickleball, fitness center, recreation facilities and social activities which include over 150 clubs/groups. Close to shopping, dining and freeway access.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades PK-6 • 1.7 mi
Grades K-6 • 5.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,828 | 1,704 | 64% |
| Lot Size | 7,949 | 7,475 | 69% |
| Price | $360.0K | $277.0K | 64% |
| Price per sq ft | $197 | $149 | 55% |
| Built year | 1981 | 1985 | 40% |
| HOA | $383 | $290 | 69% |
| Days on market | 38 | 2306 | 1% |
May 8, 2026
$359,999
Initial Listing