1825 E ELMWOOD Street, Mesa, AZ 85203, Mesa, 85203 - 3 bed, 2 bath
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Mesa, AZ 85203
This Single-Level Resort Estate is a High-Potential Investment Opportunity, listed at $800,000—positioned well below the $834,919 Fair Market Value by 4%. This valuation gap provides $34,919 in Instant Equity. Boasting a Good Condition Rating, the home features a 2024 primary bath remodel, updated electrical, and a premier 0.43-acre lot with a diving pool and pizza oven gazebo. Access to the 9/10 rated Franklin Elementary adds significant long-term appeal. This property is perfectly suited for Owner-Occupants seeking a turnkey sanctuary or Value-Add Investors looking for a high-utilization asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1825 E ELMWOOD Street Subject | $800,000* List Price | 3 | 2 | 2,923 | $286 | - |
A 1745 E ELMWOOD Street Sold | $845,000 | 5 | 3 | 2,806 | $301 | 0.1 mi |
B 1934 E GARY Street Sold | $785,000 | 4 | 3 | 3,326 | $236 | 0.5 mi |
C 1524 E GRANDVIEW Street Sold | $650,000 | 4 | 2 | 2,126 | $306 | 0.6 mi |
D 1105 N Delmar Street Pending | $700,000 List Price | 4 | 3 | 2,600 | $269 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant recent capital improvements that exceed standard maintenance. Key updates include a fully remodeled primary bathroom (2024), a new main electrical panel (2024), and dual HVAC systems replaced in 2018 and 2023. The kitchen has been updated with granite countertops and all-new appliances. While the 1979 architectural style is present in the wood-beam ceilings and some ceramic tile flooring, the addition of hardwood floors, upgraded dual-pane windows, and a well-maintained resort-style backyard with a newer pool pump (2023) justifies a 'good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18665, living area = 2923.
Elementary School: Franklin Elementary School (9/10).
The nearly half-acre lot features a premier backyard oasis with a diving pool, a gazebo equipped with a built-in pizza oven, and extensive covered patios, perfect for high-end entertaining.
The immediate neighborhood schools carry lower ratings (3/10 and 4/10), which may be a drawback for families prioritizing top-tier public education within walking distance.
Despite key updates, the 1979 construction suggests that secondary bathrooms or non-upgraded areas may still require modernization to align with the home's luxury estate status.
Stunning Estate in Highly Sought-After Millett Manor. Welcome to this single-level estate nestled in the coveted community of Millett Manor. Enter through a charming paver courtyard and step into a timeless floor plan where a large formal living and dining rooms greet you upon arrival. The home exudes warmth and character with rich hardwood floors, wood doors throughout, and striking wood beam ceilings in the living room, family room & kitchen. Three cozy wood-burning fireplaces create inviting spaces perfect for gathering and relaxing. Most windows have been upgraded to dual-pane, energy-efficient glass, enhancing comfort and efficiency.The generous split-floor plan offers privacy and functionality with three spacious bedrooms and two full bathrooms. The primary suite is a true retreat, featuring its own fireplace, two separate walk-in closets, double sinks and a newly updated walk-in shower, and a private commode room. The kitchen showcases granite countertops and eat in kitchen area with an eat up bar area making it ideal for everyday living and entertaining. Step outside to your private resort-style backyard -- an entertainer's dream. Enjoy the oversized covered patio, additional covered patio space and outdoor gazebo with built-in pizza oven, and lush mature landscaping with abundant citrus trees. The large diving pool with jump rock adds a touch of fun and luxury, while the expansive side yard with RV gate provides ample space for RV parking and recreational toys. Additional highlights include: Oversized 3-car garage Two HVAC units updated 2018 & 2023 Replaced all kitchen appliances Abundant storage throughout Main Electrical Panel updated in 2024 Primary bathroom updated in 2024 and new 2nd water heater Single-level, split floor plan design Home sits on almost 1./2 acre lot Pool Pump replaced in 2023 Huge covered entertaining area This is a rare opportunity to own a home that perfectly blends character, comfort, and resort-style living in one of the area's most desirable neighborhoods. Don't miss it!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades K-6 • 2.2 mi
Grades K-6 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,923 | 2,283 | 75% |
| Lot Size | 18,665 | 10,866 | 87% |
| Price | $800.0K | $410.0K | 87% |
| Price per sq ft | $274 | $219 | 72% |
| Built year | 1979 | 1981 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 2132 | 1% |
Feb 25, 2026
$800,000
Initial Listing