2487 LEISURE WORLD --, Mesa, AZ 85206, Mesa, 85206 - 3 bed, 2 bath
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Mesa, AZ 85206
This Immaculate Madrid-Model Home is listed at $410,000—positioned well below the $414,175 Fair Market Value by 1%. This competitive pricing offers $4,175 in Instant Equity for a property boasting a Move-in Ready Condition Rating. The interior showcases a modernized granite kitchen, vaulted ceilings, and premium tile plank flooring. Residents enjoy a premier lifestyle in the Leisure World community with 36 holes of golf and a private gated courtyard. Proximity to 9/10 rated Franklin Elementary ensures long-term asset stability. This is an ideal sanctuary for Active Adult Residents or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2487 LEISURE WORLD -- Subject | $410,000* List Price | 3 | 2 | 1,760 | $235 | - |
A 1426 LEISURE WORLD -- Sold | $449,000 List Price | 3 | 2 | 2,227 | 0.2 mi | |
B 1426 LEISURE WORLD -- Sold | $426,500 List Price | 3 | 2 | 2,227 | 0.2 mi | |
C 2511 LEISURE WORLD -- Sold | $450,000 List Price | 3 | 2 | 1,937 | 0.0 mi | |
D 5441 E Flower Avenue Sold | $425,000 List Price | 3 | 2 | 1,548 | 0.5 mi | |
E 2159 LEISURE WORLD -- Sold | $349,900 List Price | 2 | 2 | 1,640 | 0.7 mi | |
F 5631 E HARMONY Avenue Sold | $385,000 | 4 | 2 | 2,136 | $180 | 0.7 mi |
G 5507 E FARMDALE Avenue Active Under Contract | $449,900 List Price | 3 | 2 | 1,595 | $282 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been well-maintained. It features significant updates including modern wood-look tile plank flooring throughout the main living areas, granite countertops in the kitchen, and stainless steel appliances. While the home was built in 1987 and some components like the kitchen cabinetry and bathroom shower enclosures reflect an older style, the overall quality is high with no visible deferred maintenance, vaulted ceilings, and a very clean, finished garage with epoxy flooring.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7104, living area = 1760.
Elementary School: Franklin Elementary School (9/10).
Located in the highly desirable Leisure World active adult community, residents have access to extensive amenities including 36 holes of private golf, a new tennis complex, pickleball, and a state-of-the-art fitness center.
Built in 1987, the property may require attention to original major systems or structural components that have not been modernized alongside the cosmetic interior updates.
The $370 association fee represents a significant monthly carrying cost that must be factored into the buyer's long-term budget.
This is an immaculate home with the popular Madrid floor plan in the Elegante area of Leisure World. The home has a wonderful gated front courtyard perfect to entertain or enjoy the beautiful Arizona sunsets. The double door entry opens up to the vaulted ceiling in the large living room. You also have a family room off the updated Kitchen that boasts beautiful granite countertops. Your laundry room is inside and exits into the oversized garage that is crisp and clean. You have easy care tile plank flooring everywhere except the bedrooms. All this in the Premiere Active Adult Community of Leisure World with 36 holes of private golf, new tennis complex, pickle ball, swimming pools, library, state of the art fitness center, theater, arts and crafts, billiard room, and much more!!
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades PK-6 • 1.2 mi
Grades K-6 • 5.2 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 | 1,760 | 1,685 | 57% |
| Lot Size | 7,104 | 7,104 | 50% |
| Price | $410.0K | $277.0K | 76% |
| Price per sq ft | $233 | $181 | 64% |
| Built year | 1987 | 1984 | 57% |
| HOA | $370 | $298 | 66% |
| Days on market | 11 | 2156 | 1% |
Apr 11, 2026
$410,000
Initial Listing