2628 W MENDOZA Circle, Mesa, AZ 85202, Mesa, 85202 - 5 bed, 3 bath
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Mesa, AZ 85202
This 5-bedroom lakeside residence represents a High-Potential Investment Opportunity, listed at $649,900—positioned above the $602,736 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and unique layout—featuring private entrances for every bedroom—offer significant potential for multi-generational living or rental income. Situated on a 12,319 sqft lot with a private pool, spa, and panoramic lake views, this home provides a rare lifestyle asset. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to add value through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2628 W MENDOZA Circle Subject | $649,900* List Price | 5 | 3 | 1,982 | $304 | - |
A 2552 W KIVA Avenue Sold | $590,000 List Price | 4 | 2 | 2,041 | 0.6 mi | |
B 2309 W NARANJA Avenue Sold | $570,000 | 3 | 2 | 1,920 | $297 | 0.5 mi |
C 2334 W LOBO Avenue Sold | $602,000 | 3 | 2 | 2,416 | $249 | 0.4 mi |
D 2627 W OBISPO Circle Active | $515,000 List Price | 4 | 2 | 2,097 | $246 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property is dated and shows its age with popcorn ceilings, older cabinetry, and basic bathroom fixtures. While functional and move-in ready, the kitchen and baths require modernization, and the interior needs cosmetic updates to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12319, living area = 1982.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property offers rare lake views and direct access to resort-style community amenities including boat docks, tennis courts, and a dog park, providing a premium lakeside living experience.
Built in 1977, the property may require significant capital investment for modernizing major systems and cosmetic finishes to meet current market standards.
While elementary options are highly rated, the assigned junior high and high schools have lower ratings (2 and 4 respectively), which may be a concern for education-focused families.
Wake up to lake views and effortless indoor-outdoor living in this rare 5-bedroom retreat. Each bedroom features its own private entrance, creating exceptional flexibility for guests, multigenerational living, or vacation-style privacy. Gather around the statement fireplace, then step outside to your private pool for sun-soaked afternoons. Beyond the home, enjoy resort-style community amenities including a pool, tennis courts, playground, boat docks, and a dog park, all just moments away. This is lakeside living designed for comfort, convenience, and connection.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades PK-6 • 2.2 mi
Grades K-6 • 4.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 3.0 | 2.0 | 87% |
| Square foot | 1,982 | 1,528 | 78% |
| Lot Size | 12,319 | 7,667 | 96% |
| Price | $649.9K | $412.5K | 91% |
| Price per sq ft | $328 | $262 | 76% |
| Built year | 1977 | 1977 | 50% |
| HOA | $182 | $46 | 96% |
| Days on market | 14 | 2626 | 2% |
Jun 5, 2026
$649,900
Initial Listing