1851 E KRAMER Street, Mesa, AZ 85203, Mesa, 85203 - 5 bed, 3 bath
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Mesa, AZ 85203
This New Construction Luxury Residence is a Prime Investment Opportunity, listed at $669,990—positioned well below the $684,048 Fair Market Value by 2%. This valuation gap offers $14,058 in Instant Equity for a home in Pristine Condition. Built by the "Builder of the Year 2025," the 5-bedroom layout features distant mountain views, a private patio, and a versatile downstairs bedroom. Located in an intimate gated community near Scottsdale and the 202 freeway, it blends lifestyle luxury with immediate financial gain. This is ideal for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1851 E KRAMER Street Subject | $659,990* List Price | 5 | 3 | 2,303 | $294 | - |
A 1846 E KRAMER Street Active | $629,990 List Price | 4 | 3 | 2,183 | $289 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new construction home with a 2026 completion date, featuring modern architectural design and high-end finishes. As a new build by a 'Builder of the Year' recipient, all components—including the kitchen, bathrooms, flooring, and major systems—are brand new, meeting the latest energy efficiency and quality standards with zero deferred maintenance.
As a 2026 build by the 'Builder of the Year 2025,' this home offers the latest in modern design, energy efficiency, and the peace of mind that comes with a new home warranty.
Situated in a gated community in the heart of Mesa, the property provides exceptional accessibility to the 202 freeway, Sky Harbor Airport, and is just 15 minutes from Scottsdale.
The 5-bedroom layout features a desirable downstairs bedroom and a spacious upstairs loft, providing a functional and flexible living arrangement for multi-generational families or remote professionals.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3141, living area = 2303.
With a lot size of only 3,141 square feet for a 2,303 square foot home, the private yard space is quite small, which may be a drawback for buyers seeking significant outdoor recreation area.
The $222 monthly association fee represents a significant recurring expense that increases the total monthly carrying cost compared to similar non-gated properties in the area.
Stunning new construction home offers 5 spacious bedrooms and 3 full baths right in the HEART of MESA! Thoughtfully designed for modern living and ultimate comfort. *Builder of the Year 2025* This residence features a downstairs bedroom, thoughtful living spaces perfect for entertaining and private upstairs retreat with a generous loft and luxurious primary suite. Beautifully designed indoor-outdoor flow blends functionality and elegance in one of the most desirable communities. Intimate gated community is minutes from restaurants, local hotspots, and everyday conveniences. Quick access to the 202 freeway, Sky Harbor Airport and just 15 minutes to Scottsdale! **Grand Opening Incentives**
No exterior & parking available.
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 | 2,303 | 2,283 | 52% |
| Lot Size | 3,141 | 10,866 | 1% |
| Price | $660.0K | $410.0K | 81% |
| Price per sq ft | $287 | $219 | 76% |
| Built year | 2026 | 1981 | 99% |
| HOA | $222 | $0 | 99% |
| Days on market | 11 | 2132 | 1% |
Apr 20, 2026
$659,990
$669,990
-1% Price Drop
Initial Listing
Apr 11, 2026
$669,990
Initial Listing