
Mesa, AZ 85207
This Luxury Turnkey Estate is a Prime Investment Opportunity, listed at $1,575,000—positioned well below the $1,622,269 Fair Market Value by 2%. This valuation gap offers $47,269 in Instant Equity. Boasting an Excellent Condition Rating from extensive recent renovations, the property features a resort-style backyard with a pool, a rare 4-car garage, and mountain views. Located near the top-rated Franklin Elementary (9/10), it balances financial upside with high-end lifestyle amenities. This is an ideal acquisition for Luxury-Seeking Families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2040 N WOODRUFF -- Subject | $1,575,000* List Price | 4 | 5 | 4,032 | $402 | - |
A 1856 N ATWOOD -- Sold | $1,418,000 | 4 | 5 | 3,719 | $381 | 0.8 mi |
B 8720 E NORCROFT Circle Sold | $1,325,000 | 5 | 4 | 3,940 | $336 | 0.9 mi |
C 8720 E NORCROFT Circle Sold | $1,325,000 | 5 | 4 | 3,940 | $336 | 0.9 mi |
D 2099 N 77th Place Active Under Contract | $1,495,000 List Price | 5 | 4 | 3,300 | $453 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2002, the property has undergone extensive recent renovations that meet current high-end standards. The kitchen is fully modernized with white shaker cabinetry, a large waterfall island, and premium stainless steel appliances. The home features newer major systems including HVAC and water heaters, fresh interior/exterior paint, updated tile and wood flooring, and a resort-style backyard with high-quality travertine pavers and a pool, showing no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28866, living area = 4032.
Elementary School: Franklin Elementary School (9/10).
The backyard is a premier entertainment hub featuring a pool with a waterfall, an outdoor fireplace, and a gazebo with a built-in grill and sink island, all set on a sprawling 0.66-acre lot.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4032, other record living area = 3899.
While the elementary schools are highly rated, the designated middle and high schools have lower ratings (5 and 6), which may be a concern for families prioritizing top-tier secondary education.
The $598 association fee, combined with the maintenance demands of a large lot and extensive pool/water features, results in higher-than-average monthly operating expenses for the area.
Gorgeous updated home with interior and exterior updates galore with a 4 car garage. Outdoor entertainment area with pool, waterfall, outdoor fireplace, gazebo with built in grill, sink island, travertine pavers, and lots of room for relaxation. Updated finishes throughout with newer furnaces, air conditioning, hot water heater, cabinets, tile floors, alder raised panel doors and trim, with fresh paint inside and out. Split wing with 3 separate bedroom suites with bathrooms along with a second den/playroom that could be a 5th bedroom. Large primary suite with sitting area opening to the patio, large walk in closet and bathroom with soaking tub and walk-in shower. Located in a desirable gated neighborhood near parks, hiking trails, water recreation and golf with quick access to Loop 202.
No exterior & parking available.
Grades K-6 • 2.0 mi
Grades PK-6 • 5.9 mi
Grades K-6 • 9.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 5.0 | 3.0 | 92% |
| Square foot | 4,032 | 2,108 | 92% |
| Lot Size | 28,866 | 9,283 | 93% |
| Price | $1.57M | $375.0K | 99% |
| Price per sq ft | $391 | $246 | 95% |
| Built year | 2002 | 2001 | 56% |
| HOA | $598 | $125 | 98% |
| Days on market | 34 | 2430 | 1% |
Mar 19, 2026
$1,575,000
Initial Listing