2232 W Lindner Avenue 23, Mesa, AZ 85202, Mesa, 85202 - 2 bed, 3 bath
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Mesa, AZ 85202
This Waterfront Dobson Ranch Townhome is a Strong Value Opportunity, listed at $300,000—positioned well below the $318,005 Fair Market Value by 5%. This valuation gap secures $18,005 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the home features a farm-style kitchen, updated flooring, and a rare waterfront setting with a stream and waterfall. Residents benefit from the top-rated Franklin Elementary School (9/10) and premium community amenities. This asset is ideal for Owner-Occupants seeking a serene lifestyle or Buy-and-Hold Investors targeting high-demand rental markets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2232 W Lindner Avenue 23 Subject | $300,000* List Price | 2 | 3 | 1,317 | $241 | - |
A 2208 W LINDNER Avenue 34 Sold | $285,000 | 2 | 3 | 1,317 | $216 | 0.0 mi |
B 2451 W KNOWLES Avenue Sold | $350,000 | 2 | 2 | 1,221 | $287 | 0.3 mi |
C 2121 S PENNINGTON -- 44 Sold | $315,000 | 3 | 3 | 1,296 | $243 | 0.6 mi |
D 2312 W LINDNER Avenue 23 Sold | $256,000 | 3 | 2 | 1,386 | $185 | 0.2 mi |
E 2208 W LINDNER Avenue 31 Active | $329,000 List Price | 3 | 3 | 1,531 | $215 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with several key updates. While originally built in 1980, it features modern wood-look flooring installed within the last 5 years, a newer water heater, and updated bathroom vanities and fixtures. The kitchen has been refreshed with painted cabinetry and butcher-block style counters, and the interior features a contemporary neutral paint scheme. Although some dated elements like popcorn ceilings remain, the overall condition and recent functional improvements align with the 'good' criteria.
Elementary School: Franklin Elementary School (9/10).
This townhome features a rare waterfront location with a stream and waterfall, offering serene views from both the private patio and the large upstairs terrace.
The property includes valuable updates such as flooring replaced within the last five years and a two-year-old water heater, providing peace of mind for new owners.
Originally built in 1980, the property may require ongoing maintenance or future updates to older systems and structural components typical of a 40+ year-old home.
While the local elementary school is well-rated, the assigned middle and high schools have lower performance scores, which may impact long-term appreciation and appeal to families.
Located in The Landings at Dobson Ranch, this waterfront townhome offers a peaceful setting with a stream, waterfall, and scenic views from both the back patio and the large upstairs terrace. Inside, the home features a farm-style kitchen, a spacious living room with plenty of room for a large sectional or a sofa with an office setup, and a comfortable layout that makes the most of the space. The bedroom is generously sized, fitting a king sized bed, and includes a walk-in closet. Updated flooring replaced within the last 5 years and a 2-year-old water heater add to the home's appeal. The back patio includes a small gate with access to the common area, creating an easy connection to the lush surroundings. Residents can also enjoy the various Dobson Ranch amenities.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades PK-6 • 1.8 mi
Grades K-6 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 1,317 | 1,221 | 78% |
| Lot Size | 1,612 | 1,612 | 50% |
| Price | $300.0K | $269.0K | 70% |
| Price per sq ft | $228 | $229 | 43% |
| Built year | 1980 | 1979 | 61% |
| HOA | $374 | $254 | 87% |
| Days on market | 15 | 2140 | 4% |
Apr 7, 2026
$300,000
Initial Listing