2399 LEISURE WORLD --, Mesa, AZ 85206, Mesa, 85206 - 3 bed, 2 bath
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Mesa, AZ 85206
This Spacious Active Adult Residence is a Prime Investment Opportunity, listed at $350,000—positioned well below the $363,858 Fair Market Value by 3%. This valuation gap provides $13,858 in Instant Equity for the incoming buyer. Maintaining a Condition Rating of 4, the home features a recent interior refresh with new flooring and paint, while offering upside through kitchen modernization. Located in the premier Leisure World community near 9/10 rated Franklin Elementary, this property is ideal for Owner-Occupants or Seasonal Residents seeking a resort lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2399 LEISURE WORLD -- Subject | $350,000* List Price | 3 | 2 | 1,670 | $218 | - |
A 2716 LEISURE WORLD -- Sold | $279,900 List Price | 3 | 2 | 1,667 | 0.8 mi | |
B 2503 LEISURE WORLD -- Sold | $453,000 | 3 | 2 | 1,723 | $263 | 0.4 mi |
C 2159 LEISURE WORLD -- Sold | $349,900 List Price | 2 | 2 | 1,640 | 1.0 mi | |
D 2503 LEISURE WORLD -- Sold | $453,000 | 3 | 2 | 1,723 | $263 | 0.4 mi |
E 2693 LEISURE WORLD -- Sold | $259,900 List Price | 3 | 2 | 1,760 | 0.4 mi | |
F 1130 LEISURE WORLD -- Sold | $350,000 List Price | 2 | 2 | 1,478 | 0.3 mi | |
G 2681 LEISURE WORLD -- Active Under Contract | $350,000 List Price | 3 | 2 | 1,666 | $210 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1986, is well-maintained and features recent cosmetic updates including new wood-look flooring, baseboards, and fresh interior paint. However, the kitchen and bathrooms remain in their original 1980s style with dated laminate cabinetry, wood-trim accents, and older fixtures. While move-in ready and functional, the home shows its age through these original components and the presence of popcorn ceilings, fitting the criteria for a property that is aged but maintained with only partial updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8134, living area = 1670.
Elementary School: Franklin Elementary School (9/10).
Located in the premier Leisure World 55+ community, the property offers access to 36 holes of golf, pickleball, tennis, multiple pools, and a state-of-the-art fitness center, providing an elite active adult lifestyle.
Despite new flooring, the 1986 construction suggests that the kitchen and bathrooms may still feature original cabinetry and fixtures, which may require further investment to fully modernize.
The monthly association fee of $370 represents a substantial recurring cost that may be a consideration for buyers on a fixed retirement budget.
Discover the potential & comfort within this charming 3 bed, 2 bath home in the highly sought-after 55+ community of Leisure World. Thoughtfully updated with new flooring, new baseboards, and new blinds, this home offers a fresh, move-in ready feel. Vaulted ceilings and abundant natural light create a bright, open living space, anchored by a stunning slump block fireplace that adds warmth and character. The popular split-bedroom New Coronado floor plan provides ideal privacy, with the primary suite separated from the secondary bedrooms--perfect for guests or a home office. Situated on a desirable corner lot, the home features an oversized covered patio, perfect for entertaining or relaxing while enjoying Arizona's beautiful weather. Additional highlights include an inside laundry room and a functional layout designed for everyday living. Enjoy resort-style amenities including 36 holes of private golf, pickleball, tennis, pools, a state-of-the-art fitness center, theater, arts & crafts, billiards, and more--all within one of Mesa's premier active adult communities.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades PK-6 • 1.5 mi
Grades K-6 • 5.5 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 | 1,670 | 1,672 | 50% |
| Lot Size | 8,134 | 7,169 | 71% |
| Price | $350.0K | $277.0K | 63% |
| Price per sq ft | $210 | $181 | 54% |
| Built year | 1986 | 1984 | 56% |
| HOA | $370 | $298 | 66% |
| Days on market | 11 | 2156 | 1% |
Apr 11, 2026
$350,000
Initial Listing