2437 N MALACHITE --, Mesa, AZ 85207, Mesa, 85207 - 3 bed, 2 bath
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Mesa, AZ 85207
This Well-Maintained Gated Residence is listed at $550,000, positioned near its $527,817 Fair Market Value. Boasting a Fair Condition Rating, the home features critical mechanical upgrades including a new AC unit and heated pool equipment, ensuring immediate functional reliability. The property offers a year-round outdoor oasis with a private pool and mister system, complemented by direct access to the mountain preserve for hiking. Located within the 9/10 rated Franklin Elementary School boundary, this home perfectly balances security and recreation. It is an ideal match for Owner-Occupants or growing families seeking a lifestyle-centric sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2437 N MALACHITE -- Subject | $550,000* List Price | 3 | 2 | 1,697 | $311 | - |
A 2311 N TIERRA ALTA Circle Sold | $500,000 | 3 | 2 | 1,717 | $291 | 0.2 mi |
B 2311 N TIERRA ALTA Circle Sold | $500,000 | 3 | 2 | 1,669 | $300 | 0.2 mi |
C 2323 N ADAIR Circle Sold | $609,999 List Price | 5 | 3 | 2,177 | 0.2 mi | |
D 2350 N CABOT Circle Pending | $475,000 List Price | 3 | 2 | 1,523 | $312 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1999, is well-maintained but shows its age through original features such as oak cabinetry and tile countertops in the kitchen. While there are significant functional upgrades including a new AC unit, new pool equipment, and stainless steel appliances, the overall interior style and finishes have not undergone a full modern renovation in over 20 years, placing it in the fair category.
Elementary School: Franklin Elementary School (9/10).
The property features a tranquil backyard with a heated pool, new equipment, and a mister system, allowing for comfortable outdoor living and swimming throughout the year in the Arizona climate.
Recent high-value improvements, including a brand-new AC unit and pool heat exchanger, provide significant peace of mind and reduce immediate maintenance costs for the buyer.
While the elementary school is highly rated, the assigned middle and high schools have lower performance ratings, which may be a consideration for families with older children.
At 1,697 square feet, the home is relatively compact compared to other detached residences in the area, which may limit its appeal to larger families or those requiring more interior space.
Very nice home in gated community with access to the mountain preserve. Low maintenance yard with a very tranquil backyard oasis, very cozy home that has been well cared for with all of the right touches in all the right areas. Very nice 3 bedroom, Tile wood look flooring in living room all stainless appliances in kitchen very large kitchen with lots of cabinet space and countertops.Home has prewired surround gas fireplace and custom doors to backyard spectacular pool with new pool equipment heat exchanger, swim all year round, new ac unit, mister system.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades PK-6 • 7.3 mi
Grades K-6 • 10.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,697 | 2,106 | 29% |
| Lot Size | 6,932 | 9,283 | 24% |
| Price | $550.0K | $375.0K | 69% |
| Price per sq ft | $324 | $246 | 81% |
| Built year | 1999 | 2000 | 45% |
| HOA | $280 | $125 | 63% |
| Days on market | 53 | 2430 | 1% |
Feb 28, 2026
$550,000
Initial Listing