
Mesa, AZ 85206
This Spacious Single-Family Residence is a High-Potential Investment Opportunity, with a List Price of $349,500—positioned well below the $453,516 Fair Market Value by 22%. This significant valuation gap provides $104,016 in Instant Equity. While maintaining a Condition Rating of 4, the home offers a functional 1,928 sqft layout within the secure Leisure World community, featuring Resort-Style Amenities and access to Top-Rated Franklin Elementary (9/10). This is an exceptional acquisition for Value-Add Investors or Owner-Occupants seeking a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1743 LEISURE WORLD -- Subject | $349,500* List Price | 3 | 2 | 1,928 | $235 | - |
A 2716 LEISURE WORLD -- Sold | $279,900 List Price | 3 | 2 | 1,667 | 0.2 mi | |
B 1426 LEISURE WORLD -- Sold | $449,000 List Price | 3 | 2 | 2,227 | 0.5 mi | |
C 1426 LEISURE WORLD -- Sold | $426,500 List Price | 3 | 2 | 2,227 | 0.5 mi | |
D 1174 LEISURE WORLD -- Sold | $289,500 List Price | 3 | 2 | 2,077 | 0.5 mi | |
E 1650 LEISURE WORLD -- Active Under Contract | $320,000 List Price | 3 | 2 | 1,840 | $174 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property is well-maintained but shows significant signs of its age. The kitchen features updated stainless steel appliances, but the cabinetry consists of older arched-panel designs and the ceiling retains a dated fluorescent light box. Flooring throughout the main areas is older ceramic tile. While the bathroom has received a partial update with a newer shower surround, the overall aesthetic and fixtures across the home reflect a property that has been maintained through regular upkeep rather than a comprehensive modern renovation. It is move-in ready but would benefit from cosmetic updates to align with current market standards.
Elementary School: Franklin Elementary School (9/10).
The property is situated in the premier Leisure World community, offering residents access to two 18-hole golf courses, three swimming pools, a fitness center, and extensive recreational facilities.
Located within a gated community featuring three 24-hour manned security gates, this home provides an exceptional level of safety, privacy, and peace of mind.
Built in 1979, the home may require updates to major systems or cosmetic modernizations to align with contemporary energy efficiency and design standards.
The $370 monthly association fee adds a significant recurring expense to the homeowner's budget, which may be a consideration for buyers on a fixed income.
Welcome to resort-style living in the highly sought after Leisure World community! This beautifully maintained 3-bedroom, 2-bath home offers 1,752 square feet of comfortable living space along with a spacious 2-car garage. Located in a gated community with three 24-hour manned security gates, this home provides both the peace of mind and an active lifestyle. Residents enjoy access to an impressive array of amenities including two 18-hole golf courses, three swimming pools (featuring a therapy pool), a fully equipped fitness center, spa, media room, tennis courts, and vibrant clubhouse. When you're relaxing at home or taking advantage of the community's exceptional recreational offerings, this property delivers the perfect blend of comfort, convenience, and resort style living.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades PK-6 • 1.9 mi
Grades K-6 • 5.7 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 | 1,928 | 1,685 | 73% |
| Lot Size | 7,658 | 7,169 | 64% |
| Price | $349.5K | $277.0K | 63% |
| Price per sq ft | $181 | $181 | 50% |
| Built year | 1979 | 1984 | 33% |
| HOA | $370 | $298 | 66% |
| Days on market | 20 | 2156 | 1% |
Apr 2, 2026
$349,500
Initial Listing