2118 LEISURE WORLD --, Mesa, AZ 85206, Mesa, 85206 - 3 bed, 2 bath
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Mesa, AZ 85206
This Spacious Golf Course Residence is a High-Potential Investment Opportunity, with a List Price of $569,000—positioned well below the $959,909 Fair Market Value by 40%. This significant valuation gap offers $390,909 in Instant Equity for buyers. The property holds a Fair Condition Rating, featuring well-maintained 1987 finishes, a private play pool, and unobstructed fairway views of the 14th hole. Located in the Leisure World 55+ community near top-rated Franklin Elementary, it provides massive upside through cosmetic modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-equity, value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2118 LEISURE WORLD -- Subject | $569,000* List Price | 3 | 2 | 2,457 | $391 | - |
A 2633 LEISURE WORLD -- Sold | $595,000 | 3 | 2 | 2,011 | $296 | 0.8 mi |
B 1426 LEISURE WORLD -- Sold | $449,000 List Price | 3 | 2 | 2,227 | 0.5 mi | |
C 1426 LEISURE WORLD -- Sold | $426,500 List Price | 3 | 2 | 2,227 | 0.5 mi | |
D 1345 LEISURE WORLD -- Sold | $725,000 | 3 | 2 | 2,455 | $295 | 0.9 mi |
E 1799 LEISURE WORLD -- Sold | $599,900 | 2 | 3 | 2,168 | $277 | 0.4 mi |
F 2763 LEISURE WORLD -- Active | $539,900 List Price | 3 | 2 | 2,134 | $253 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is exceptionally well-maintained and move-in ready, but it primarily features original 1987 finishes that are now outdated. The kitchen retains its original oak cabinetry and laminate-style countertops, although it has been partially updated with stainless steel appliances. While the home shows pride of ownership with clean carpets and functional systems, the overall aesthetic—including the light fixtures, ceiling fans, and bathroom styles—reflects a lack of recent comprehensive renovation, placing it firmly in the 'fair' category based on its age and style.
Elementary School: Franklin Elementary School (9/10).
Situated directly on the 14th hole of the Coyote Run course, the property offers premium, unobstructed fairway views that significantly enhance its market value and aesthetic appeal.
The inclusion of a private play pool and a dedicated golf cart garage provides a level of convenience and luxury that is highly sought after in the Leisure World community.
Built in 1987, the home may require significant cosmetic or mechanical updates to meet the modern standards and energy efficiency expectations of today's luxury buyers.
As part of a 55+ Active Adult Community, the property is subject to strict residency requirements, which limits the potential buyer pool to a specific age demographic.
BEAUTIFUL GOLF COURSE HOME!!! Nestled along the fairway of hole #14 of Coyote Run, this golf course home offers 3 spacious bedrooms & 2 bathrooms, perfectly designed for comfort and style. The open-concept floor plan is filled with natural light and showcases a spectacular, unobstructed view of the course. The expansive living and dining areas flow seamlessly to the outdoor space, making this home ideal for entertaining guests or simply relaxing while enjoying the scenery. Jump into your own play pool on a hot sunny day or enjoy all the extra space with the golf cart garage. You won't want to miss out on this gem!! All of this and more in the 55+ Active Adult Community of Leisure World.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 1.4 mi
Grades K-6 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,457 | 1,685 | 92% |
| Lot Size | 7,819 | 7,169 | 68% |
| Price | $569.0K | $277.0K | 92% |
| Price per sq ft | $232 | $181 | 64% |
| Built year | 1987 | 1984 | 57% |
| HOA | $370 | $298 | 66% |
| Days on market | 69 | 2156 | 1% |
Feb 12, 2026
$569,000
Initial Listing