2101 S MERIDIAN Road 362, Apache Junction, AZ 85120, Apache Junction, 85120 - 2 bed, 2 bath
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Apache Junction, AZ 85120
This Turnkey 55+ Residence is a Strong Value Opportunity, listed at $280,000—positioned well below the $293,270 Fair Market Value by 4%. This valuation gap offers $13,270 in Instant Equity. Boasting an Excellent Condition Rating with a 4-year-old roof and updated kitchen, this home features a versatile Arizona room and scenic mountain views. Located in the gated Meridian Manor, it provides a secure, amenity-rich lifestyle. This property is an ideal acquisition for Retirees or Owner-Occupants seeking a move-in ready, low-maintenance sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2101 S MERIDIAN Road 362 Subject | $280,000* List Price | 2 | 2 | 916 | $320 | - |
A 1079 S LAWTHER Drive Sold | $295,000 List Price | 2 | 1 | 916 | 0.8 mi | |
B 2101 S MERIDIAN Road 301 Sold | $325,000 | 2 | 2 | 1,202 | $270 | 0.1 mi |
C 2101 S MERIDIAN Road 250 Sold | $300,000 List Price | 2 | 2 | 1,252 | 0.2 mi | |
D 2101 S MERIDIAN Road 34 Sold | $350,000 | 2 | 2 | 1,232 | $284 | 0.2 mi |
E 2101 S MERIDIAN Road 301 Sold | $325,000 | 1 | 2 | 1,202 | $270 | 0.1 mi |
F 1206 S GRAND Drive Sold | $230,000 | 2 | 1 | 816 | $282 | 0.7 mi |
G 2101 S MERIDIAN Road 432 Pending | $275,900 List Price | 2 | 1 | 904 | $305 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2003, the property meets the 'Excellent' criteria due to significant recent renovations within the last 5 years, including a roof replacement (4 years ago), a newer HVAC system, and a modernized kitchen with updated cabinetry and stainless steel appliances. The interior is in mint condition with high-end shutters and updated flooring.
The property features significant recent capital improvements, including a roof replaced approximately four years ago and a newer A/C system, providing immediate value and reducing near-term maintenance costs.
Located in the gated Meridian Manor 55+ community, the home offers a secure environment with access to premium amenities such as a clubhouse, pool, tennis courts, and social activities.
The inclusion of a finished Arizona room/flex space and 9-foot ceilings maximizes the utility of the floor plan, offering versatility for an office or hobby room that is rare in smaller models.
At 916 square feet, the living area is relatively small, which may be a constraint for buyers looking for more spacious common areas or significant storage.
The 55+ community requirement limits the potential buyer pool to a specific demographic, which can impact resale liquidity compared to standard residential neighborhoods.
Charming 2 bed, 2 bath Palo Verde model in Meridian Manor, a gated 55+ community in Apache Junction. This comfortable single-level home offers 9-foot ceilings, an eat-in kitchen, shutters, a 2-car garage, and a nicely finished Arizona room/office/flex space for added versatility. Updates include kitchen cabinetry, newer A/C, and a roof completed approximately 4 years ago. The primary bedroom features a built-in closet, and the guest bath includes an accessible tub/shower. Enjoy a larger yard with a block wall and covered patio. Community amenities include a clubhouse/rec center, pool, tennis, and activities.
No exterior & parking available.
Grades PK-6 • 1.1 mi
Grades PK-6 • 3.0 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 916 | - |
| Lot Size | 5,527 | - |
| Price | $280.0K | $358.4K |
| Price per sq ft | $306 | $265 |
| Built year | 2003 | 0 |
| HOA | $90 | $0 |
| Days on market | 40 | 546 |
Jun 12, 2026
$280,000
Initial Listing