
Mesa, AZ 85206
This property presents a High-Potential Investment Opportunity with a List Price of $425,000—positioned well below the $400,273 Fair Market Value by -6%. While the home carries a Fair Condition Rating due to original 1984 finishes, the extended-length AC golf-cart garage and large lot size provide significant value-add potential. Located in the premier Leisure World community with access to top-rated schools like Franklin at Brimhall, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a customizable retreat in an active resort-style environment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1877 LEISURE WORLD -- Subject | $425,000* List Price | 3 | 2 | 1,726 | $232 | - |
A 2159 LEISURE WORLD -- Sold | $349,900 List Price | 2 | 2 | 1,640 | 0.3 mi | |
B 2503 LEISURE WORLD -- Sold | $453,000 | 3 | 2 | 1,723 | $263 | 0.6 mi |
C 965 LEISURE WORLD Boulevard Sold | $345,000 | 2 | 2 | 1,302 | $265 | 0.8 mi |
D 2681 LEISURE WORLD -- Active Under Contract | $350,000 List Price | 3 | 2 | 1,666 | $210 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1984 (40 years old) and features original kitchen and bathroom finishes, including oak cabinetry, laminate countertops, and dated fluorescent light boxes. Based on the criteria for homes over 30 years old with original, outdated interiors requiring major updates, it is classified as poor condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7747, living area = 1726.
Elementary School: Franklin at Brimhall Elementary School (9/10).
Located in the premier Leisure World active adult community, the property offers access to two private golf courses, pickleball, tennis, and extensive arts and crafts facilities.
Built in 1984 and priced to allow for updates, the home likely requires interior renovations to bring it up to modern design standards.
The monthly association fee of $370 represents a significant ongoing expense that may be a consideration for buyers on a fixed budget.
Separate Golf-Cart garage-extended length with AC! Welcome to this 3/2 home with a beautiful front patio and lots of nice fruit trees in the back yard! Price to allow some updates! Enjoy the Active Adult Resort Community of Leisure World & it's AMAZING Amenities! Whether you're entertaining guests or seeking a peaceful retreat this home combines comfort and elegance in a vibrant active adult community that includes 2 private golf courses, swimming, pickleball, tennis complex, arts and crafts and so much more.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 1.6 mi
Grades K-6 • 5.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,726 | - |
| Lot Size | 7,747 | - |
| Price | $425.0K | $476.2K |
| Price per sq ft | $246 | $271 |
| Built year | 1984 | 0 |
| HOA | $370 | $0 |
| Days on market | 43 | 2611 |
Jun 10, 2026
$425,000
Initial Listing
Jul 25, 1990
$92,500
Public Record