
Mesa, AZ 85203
This Versatile Multi-Generational Residence is a Prime Investment Opportunity, with a List Price of $579,900—positioned well below the $601,145 Fair Market Value by 3%. This valuation gap offers $21,245 in Instant Equity. Maintaining a Good Condition Rating, the property features a private pool, RV gate, and a rare guest studio suite with a private kitchen and bath. Located near A-rated MacArthur Elementary with easy 202 freeway access, this NO-HOA home balances lifestyle and utility. It is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1837 N DALEY -- Subject | $565,000* List Price | 5 | 3 | 2,228 | $269 | - |
A 1663 N DORAN -- Sold | $525,000 | 5 | 3 | 2,400 | $219 | 0.3 mi |
B 1663 N DORAN -- Sold | $525,000 | 5 | 3 | 2,400 | $219 | 0.3 mi |
C 1432 E INDIGO Circle Sold | $715,000 | 4 | 3 | 2,532 | $282 | 0.3 mi |
D 1313 N DELMAR -- Sold | $568,900 | 4 | 3 | 2,768 | $206 | 0.7 mi |
E 1823 E JUNIPER Circle Pending | $610,000 List Price | 4 | 2 | 2,147 | $284 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and appears well-maintained despite its 1979 build date. It features several key updates including modern wood-look laminate flooring, refreshed kitchen cabinetry with stainless steel appliances, and updated ceiling fans. While some dated elements remain, such as popcorn ceilings and fluorescent light boxes in the kitchen, the overall quality, functional guest studio, and clean private pool area meet the criteria for a 'good' condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8934, living area = 2228.
Elementary School: Franklin Elementary School (9/10).
The property includes a fully equipped guest studio suite with its own kitchen and private bath, providing excellent flexibility for multi-generational living or potential rental income.
Built in 1979, the home may require more frequent maintenance or updates to its original systems and cosmetic finishes compared to newer constructions in the area.
While the elementary schools are highly rated, the assigned high school has a lower rating of 5, which may be a concern for families prioritizing top-tier secondary education.
Beautifully maintained home in a prime location with NO HOA, featuring an RV gate with up to 28ft space to park an RV/trailer, private pool, cozy fireplace, and a versatile guest studio suite complete with its own kitchen and private bath. Ideally situated just 5 minutes from the 202 for easy commuting and near A-rated schools, community playground with volleyball and basketball courts, popular coffee shops, restaurants, shopping, and local golf courses. The community is known for its amazing neighborhood social events, community garage sales, historic car parades, block parties, and more. This home offers the perfect blend of convenience, flexibility, and lifestyle in one exceptional property.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 3.3 mi
Grades K-6 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 80% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 2,228 | 2,262 | 49% |
| Lot Size | 8,934 | 10,866 | 24% |
| Price | $565.0K | $410.0K | 71% |
| Price per sq ft | $254 | $219 | 64% |
| Built year | 1979 | 1981 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 2132 | 1% |
Apr 14, 2026
$565,000
$579,900
-3% Price Drop
Initial Listing
Feb 19, 2026
$579,900
Initial Listing