
Mesa, AZ 85213
This Expansive Mesa Estate is a High-Potential Investment Opportunity, listed at $1,400,000—positioned well below the $1,753,664 Fair Market Value by 20%. This significant valuation gap offers $353,664 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the 5,710 sq ft residence features a resort-style pool, RV gate, and a rare No HOA status. Located within the boundary of the elite Franklin Elementary (9/10), this property perfectly balances luxury lifestyle perks with massive financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2266 E MALLORY Circle Subject | $1,400,000* List Price | 5 | 8 | 5,710 | $307 | - |
A 2625 N 24TH Street 15 Sold | $1,550,000 | 5 | 6 | 5,205 | $298 | 0.4 mi |
B 2040 E NORCROFT Street Active | $1,350,000 List Price | 5 | 4 | 4,739 | $285 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1993-built estate is in move-in ready condition with clear evidence of recent cosmetic updates. The interior features modern wood-look flooring, fresh neutral paint, and updated stainless steel kitchen appliances paired with stone countertops. While the cabinetry and certain architectural details reflect the home's original era, the overall maintenance, updated fixtures, and resort-style outdoor amenities meet the criteria for a well-maintained, high-quality 'good' condition score.
Elementary School: Franklin Elementary School (9/10).
With 5,710 sq ft and a rare 8-bathroom configuration, this estate offers unparalleled flexibility, including dedicated spaces for a home office, fitness room, and a private primary retreat situated on its own level.
The property features a massive half-acre lot equipped with a sparkling pool, oversized covered patio, and an RV gate with parking, providing an ideal setup for grand-scale entertaining and recreational storage.
Built in 1993, the home's original finishes and systems may require significant capital investment to meet the aesthetic and efficiency expectations of modern luxury buyers.
The expansive square footage, eight bathrooms, and large pool area will likely result in substantial monthly utility bills and demanding ongoing property maintenance expenses.
Expansive and beautifully designed, this 5-bedroom, 6 full and 2 half-bath estate offers 5,710 sq ft of exceptional living space, ideal for both everyday comfort and unforgettable entertaining. From the moment you enter, you're welcomed by a grand foyer and elegant sitting area that set the tone for the home's spacious and versatile layout. Multiple flexible rooms provide endless possibilities, including spaces perfect for a home office and a dedicated fitness room. The main living area features a warm and inviting fireplace, while the generously sized kitchen is equipped with a large island, abundant cabinetry, and a walk-in pantry to meet all your storage needs. The private primary suite is thoughtfully positioned on its own level, creating a true retreat with dual vanities, a soaking tub, separate shower, and expansive walk-in closets. Additional bedrooms, each with access to bathrooms, are well-appointed across both levels of the home. Entertainment continues with a large game/media room, perfect for gatherings or relaxing nights in. Step outside to a resort-style backyard complete with a sparkling pool, oversized covered patio, and ample space to host and unwind. An RV gate and parking add convenience and flexibility to this impressive property.
No exterior & parking available.
Grades PK-6 • 0.1 mi
Grades K-6 • 4.3 mi
Grades K-6 • 4.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 79% |
| Baths | 8.0 | 3.0 | 99% |
| Square foot | 5,710 | 2,376 | 99% |
| Lot Size | 20,553 | 9,678 | 86% |
| Price | $1.40M | $469.8K | 95% |
| Price per sq ft | $245 | $242 | 51% |
| Built year | 1993 | 1993 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 2464 | 1% |
Apr 10, 2026
$1,400,000
Initial Listing