2442 W VIA RIALTO Circle, Mesa, AZ 85202, Mesa, 85202 - 3 bed, 2 bath
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Mesa, AZ 85202
This Lakefront Turnkey Residence is a High-Potential Investment Opportunity, with a List Price of $825,000—positioned well below the $1,138,342 Fair Market Value by 27%. This significant valuation gap provides $313,342 in Instant Equity. Boasting a Condition Rating of 2, the home features a renovated quartz kitchen, PebbleTech pool, and RV gate on an oversized lot. Proximity to Franklin Elementary School (9/10) ensures long-term desirability. This rare find is perfect for Owner-Occupants seeking a lifestyle upgrade or Buy-and-Hold Investors targeting high-equity assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2442 W VIA RIALTO Circle Subject | $824,900* List Price | 3 | 2 | 2,027 | $384 | - |
A 2552 W KIVA Avenue Sold | $590,000 List Price | 4 | 2 | 2,041 | 0.5 mi | |
B 2243 W KIOWA Circle Sold | $715,000 | 3 | 2 | 2,000 | $358 | 0.5 mi |
C 2552 W KIVA Avenue Sold | $605,000 | 4 | 2 | 2,041 | $296 | 0.5 mi |
D 2533 W LAGUNA AZUL Avenue Active | $715,000 List Price | 4 | 2 | 1,954 | $366 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1974, the property has undergone an extensive recent renovation within the last 5 years. It features a fully updated kitchen with new cabinetry, quartz countertops, and stainless steel appliances, along with new wood-look tile flooring, fresh interior/exterior paint, and updated bathroom vanities and surrounds, meeting the criteria for a move-in ready home with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10202, living area = 2027.
Elementary School: Franklin Elementary School (9/10).
This property offers a rare lakefront living experience within the Dobson Association, featuring direct water views and a private PebbleTech pool.
Originally built in 1974, the home may require more maintenance on core systems like plumbing or electrical compared to newer constructions in the area.
While elementary options are strong, the assigned junior high and high schools have lower performance ratings, which could be a drawback for education-focused families.
Experience lake front living in this updated move in ready 3 bed, 2 bath in the Dobson Association of Mesa. Newly painted inside and out, with new wood look tile flooring in the main areas and carpet in the bedrooms. The open floor plan provides a separate living room, and a great room that features a wood burning fireplace. The kitchen is complete with new cabinetry, quartz countertops, tiled backsplash, and stainless steel appliances. The primary suite offers a private backyard exit & a ensuite bath with a new vanity and tub/shower surround. Outside awaits a sparkling PebbleTech pool, a large grass area w/ lakefront views. Plus RV Gate!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades PK-6 • 2.0 mi
Grades K-6 • 3.6 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 | 2,027 | 1,752 | 66% |
| Lot Size | 10,202 | 7,675 | 88% |
| Price | $824.9K | $419.9K | 98% |
| Price per sq ft | $407 | $249 | 99% |
| Built year | 1974 | 1978 | 24% |
| HOA | $176 | $52 | 97% |
| Days on market | 27 | 2433 | 1% |
Apr 14, 2026
$824,900
$825,000
+0% Price Increase
Initial Listing
Mar 26, 2026
$825,000
Initial Listing