2605 LEISURE WORLD --, Mesa, AZ 85206, Mesa, 85206 - 2 bed, 2 bath
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Mesa, AZ 85206
This Meticulously Maintained Active Adult Residence is a Prime Investment Opportunity, listed at $349,000—positioned well below the $363,121 Fair Market Value by 3%. This valuation gap provides $14,121 in Instant Equity for the incoming buyer. Maintaining a Condition Rating of 4, the home features a new HVAC system, tile flooring, and a private patio, all while being steps from premier recreation centers. Proximity to the 9/10 rated Franklin Elementary ensures long-term asset stability. This is an ideal acquisition for Owner-Occupants or Seasonal Residents seeking a turnkey lifestyle in Leisure World.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2605 LEISURE WORLD -- Subject | $339,000* List Price | 2 | 2 | 1,542 | $233 | - |
A 1130 LEISURE WORLD -- Sold | $350,000 List Price | 2 | 2 | 1,478 | 0.6 mi | |
B 2159 LEISURE WORLD -- Sold | $349,900 List Price | 2 | 2 | 1,640 | 0.8 mi | |
C 2716 LEISURE WORLD -- Sold | $279,900 List Price | 3 | 2 | 1,667 | 0.4 mi | |
D 965 LEISURE WORLD Boulevard Sold | $345,000 | 2 | 2 | 1,302 | $265 | 0.4 mi |
E 2698 LEISURE WORLD -- Sold | $320,000 | 3 | 2 | 1,404 | $228 | 0.1 mi |
F 1063 LEISURE WORLD -- Active | $339,900 List Price | 2 | 2 | 1,504 | $226 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is exceptionally clean and well-maintained, featuring a newer HVAC system and tile flooring throughout. However, it is scored as 'fair' because it largely retains its original 1990 construction features, including dated oak cabinetry, laminate countertops, and fluorescent light boxes in the kitchen. While move-in ready, the home has not undergone a comprehensive modern renovation to update its core aesthetic components.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1542.
Elementary School: Franklin Elementary School (9/10).
The property features a new HVAC system installed only two years ago, providing significant value and peace of mind regarding climate control efficiency in the Arizona heat.
The monthly association fee of $370 is relatively high, which may impact the budget of fixed-income buyers common in active adult communities.
Built in 1990, the property may lack the modern open-concept layouts and high-end finishes found in newer constructions, potentially requiring further cosmetic updates.
Very clean 2 bedroom 2 bath home centrally located between both recreation centers. Tile floors throughout. Painted 2 years ago. New HVAC is also 2 years old. 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 • 1.0 mi
Grades PK-6 • 1.8 mi
Grades K-6 • 5.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,542 | 1,691 | 37% |
| Lot Size | 7,500 | 7,475 | 52% |
| Price | $339.0K | $277.0K | 59% |
| Price per sq ft | $220 | $149 | 57% |
| Built year | 1990 | 1985 | 67% |
| HOA | $370 | $290 | 68% |
| Days on market | 65 | 2306 | 1% |
May 22, 2026
$339,000
$349,000
-3% Price Drop
Initial Listing
Apr 11, 2026
$349,000
Initial Listing