
Mesa, AZ 85203
This Custom-Built Residence represents a Strong Value Opportunity, listed at $950,000—positioned well below the $1,005,608 Fair Market Value by 5%. This valuation gap provides $55,608 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the home offers a 4,492 sqft floor plan with a diving pool, granite kitchen, and multigenerational suite. Located near highly-rated elementary schools, this property is an ideal acquisition for Owner-Occupants seeking long-term value or Buy-and-Hold Investors prioritizing space and location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2438 N Forest Circle Subject | $950,000* List Price | 5 | 4 | 4,492 | $224 | - |
A 1720 E MENLO Street Sold | $930,000 List Price | 4 | 3 | 3,582 | 0.1 mi | |
B 1443 E LELAND Street Active | $1,024,900 List Price | 5 | 4 | 4,864 | $211 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993 (31 years old), the property is well-maintained but dated. While it features some updates like granite countertops and newer wood-look flooring in some areas, the overall architectural style, staircase, and fixtures are original to the 90s. It fits the 'Fair' criteria as it is over 20 years old and requires cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18561, living area = 4492.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The floor plan features a private main-floor bedroom with a full bath and its own separate entrance, providing an ideal setup for multigenerational living, long-term guests, or a secluded home office.
Built in 1993, the home may require upcoming capital investments for major systems such as HVAC, roofing, or pool equipment to align with modern efficiency and performance standards.
While the elementary schools in the area are highly rated, the designated high school has a lower rating of 5/10, which may be a concern for families prioritizing top-tier academic rankings for older children.
Nestled in the prestigious Forest Knoll neighborhood, this exceptional custom-built 5-bedroom, 3.5-bath residence offers the perfect combination of elegance, comfort, and practicality. Spanning 4,492 square feet on an expansive 0.43-acre homesite, every inch of this home has been carefully crafted with quality and style in mind. From the moment you enter, you'll appreciate the bright open-concept design featuring beautiful tile flooring, polished granite countertops, and timeless white cabinetry. The spacious kitchen flows seamlessly into the main living areas, creating an ideal setting for entertaining guests or enjoying everyday family life. Dual laundry rooms located upstairs and downstairs provide added convenience for modern living. The flexible floor plan includes a private main-floor bedroom and full bath with its own entrance, making it ideal for visitors, multigenerational living, or a dedicated home office. Upstairs, the oversized secondary bedrooms feature large walk-in closets, delivering abundant storage and comfort. The luxurious primary suite includes a relaxing jetted tub and access to a stunning 14-foot balcony.Step outside to your own backyard retreat, complete with a sparkling diving pool and plenty of room for entertaining, recreation, or peaceful evenings outdoors. A spacious 3+ car garage offers excellent storage and versatility for vehicles, hobbies, and equipment. Located on a quiet cul-de-sac, this distinctive custom home offers privacy while remaining close to everything you need. Unlike typical cookie-cutter homes, this residence stands out with its warm character, spacious layout, and inviting atmosphere. More than just a home, it's a place where lasting memories are made -- your personal sanctuary and forever home.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades K-6 • 4.1 mi
Grades K-6 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 74% |
| Baths | 4.0 | 2.0 | 89% |
| Square foot | 4,492 | 2,334 | 89% |
| Lot Size | 18,561 | 10,372 | 83% |
| Price | $950.0K | $399.0K | 89% |
| Price per sq ft | $211 | $198 | 53% |
| Built year | 1993 | 1984 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 2289 | 2% |
May 19, 2026
$950,000
Initial Listing