2428 S LENNOX Street, Mesa, AZ 85209, Mesa, 85209 - 3 bed, 2 bath
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Mesa, AZ 85209
This Updated Single-Level Residence is a High-Potential Investment Opportunity, listed at $510,000—positioned well below the $594,344 Fair Market Value by 14%. This significant valuation gap provides $84,344 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the home features a Granite Kitchen, Private Play Pool, and rare RV Parking with No HOA restrictions. Located in the prestigious Gilbert School District near the 9/10-rated Franklin Elementary, it perfectly balances lifestyle luxury with 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 |
|---|---|---|---|---|---|---|
★ 2428 S LENNOX Street Subject | $510,000* List Price | 3 | 2 | 1,608 | $370 | - |
A 7105 E JAN Avenue Sold | $520,000 | 3 | 2 | 1,632 | $319 | 0.8 mi |
B 1741 S CLEARVIEW Avenue 54 Sold | $418,000 | 3 | 2 | 1,632 | $256 | 1.0 mi |
C 7349 E KEATS Avenue Sold | $425,000 | 3 | 2 | 1,521 | $279 | 0.7 mi |
D 7363 E LOBO Avenue Sold | $440,000 | 3 | 3 | 1,910 | $230 | 0.6 mi |
E 7121 E MADERO Avenue Sold | $539,900 List Price | 3 | 2 | 2,206 | 0.3 mi | |
F 7346 E NARANJA Avenue Active | $440,000 List Price | 3 | 2 | 1,545 | $285 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several modern updates that elevate it above a standard 'fair' condition for its 1998 build year. Key improvements include a kitchen with granite countertops and stainless steel appliances, updated wood-look flooring throughout main areas, and renovated bathroom vanities with contemporary fixtures. The exterior, pool, and systems appear well-maintained, though the kitchen cabinetry retains an older profile that has been refreshed rather than fully replaced.
Elementary School: Franklin Elementary School (9/10).
The absence of an HOA combined with a 3-car garage, RV gate, and additional slab parking offers rare flexibility and cost savings for homeowners with multiple vehicles or recreational toys.
The property features a private play pool, low-maintenance turf, and a covered patio, providing a move-in-ready space for outdoor entertaining and relief from the Arizona heat.
At approximately 6,382 square feet, the lot may feel somewhat crowded when accommodating a 3-car garage, a private pool, and RV parking simultaneously, limiting additional yard space.
With 1,608 square feet and only three bedrooms, the home may be undersized for larger families or those requiring a dedicated home office without sacrificing a bedroom.
Beautifully updated single-level home with a private pool, RV parking, and no HOA, ideally located in Mesa's Superstition Point neighborhood within the highly desirable Gilbert School District. This 3-bedroom, 2.5-bath home offers 1,608 square feet of functional living space with vaulted ceilings, an open-concept layout, and abundant natural light throughout. The kitchen features granite countertops, a center island, walk-in pantry, and stainless appliances, flowing seamlessly into the main living areas perfect for both everyday living and entertaining. Step outside to a low-maintenance backyard with turf, a covered patio, and a private play pool perfect for enjoying AZ living year-round. The property also features a 3-car garage, RV gate, and additional slab parking.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 1.1 mi
Grades K-6 • 2.0 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 | 1,608 | 1,811 | 37% |
| Lot Size | 6,382 | 6,543 | 47% |
| Price | $510.0K | $354.0K | 79% |
| Price per sq ft | $317 | $215 | 93% |
| Built year | 1998 | 1999 | 48% |
| HOA | $0 | $170 | 2% |
| Days on market | 33 | 2428 | 1% |
Mar 20, 2026
$510,000
Initial Listing
Sep 30, 1998
$151,000
Public Record
Jan 26, 1998
$35,000
Public Record