2681 LEISURE WORLD --, Mesa, AZ 85206, Mesa, 85206 - 3 bed, 2 bath
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Mesa, AZ 85206
This Spacious Active Adult Residence is a Strong Value Opportunity, listed at $350,000—positioned well below the $379,294 Fair Market Value by 7%. This valuation gap provides $29,294 in Instant Equity for the incoming buyer. While maintaining a Fair Condition Rating, the home features soaring vaulted ceilings, a split-bedroom layout, and a prime corner lot within the premier Leisure World community. With access to 9/10 rated Franklin Elementary and resort-style amenities, it offers significant upside through cosmetic modernization. This is an ideal acquisition for Owner-Occupants seeking an active lifestyle or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2681 LEISURE WORLD -- Subject | $350,000* List Price | 3 | 2 | 1,666 | $228 | - |
A 2159 LEISURE WORLD -- Sold | $349,900 List Price | 2 | 2 | 1,640 | 1.0 mi | |
B 2716 LEISURE WORLD -- Sold | $279,900 List Price | 3 | 2 | 1,667 | 0.5 mi | |
C 2503 LEISURE WORLD -- Sold | $453,000 | 3 | 2 | 1,723 | $263 | 0.7 mi |
D 2698 LEISURE WORLD -- Sold | $320,000 | 3 | 2 | 1,404 | $228 | 0.0 mi |
E 1130 LEISURE WORLD -- Sold | $350,000 List Price | 2 | 2 | 1,478 | 0.5 mi | |
F 965 LEISURE WORLD Boulevard Sold | $345,000 | 2 | 2 | 1,302 | $265 | 0.4 mi |
G 1743 LEISURE WORLD -- Active | $349,500 List Price | 3 | 2 | 1,928 | $181 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, this property is exceptionally well-maintained and move-in ready, but it lacks recent comprehensive renovations. The kitchen features original dark wood cabinetry, dated tile countertops with grout lines, and an older electric coil cooktop. While the hardwood flooring and plantation shutters are quality updates, the overall aesthetic and major systems reflect the home's age, aligning with the 'Fair' criteria of being maintained but outdated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7936, living area = 1666.
Elementary School: Franklin Elementary School (9/10).
Located in the sought-after Leisure World active adult community, the property offers access to 36 holes of private golf, a new tennis complex, pickleball, and a state-of-the-art fitness center.
The property is noted for its 'potential,' suggesting that the 1987 interior may require significant cosmetic updates or renovations to meet contemporary standards.
A monthly association fee of $370 represents a significant ongoing carrying cost that buyers must factor into their long-term ownership budget.
Remarkable potential waiting within this charming 3-bedroom, 2-bathroom residence nestled in the heart of Mesa's sought-after Leisure World community. Step inside to appreciate the spacious layout featuring soaring vaulted ceilings that flood the living areas with natural light and create an airy, open atmosphere. The thoughtfully designed split bedroom New Coronado configuration provides optimal privacy, separating the primary suite from the additional bedrooms - ideal for families, guests, or dedicated home office. Situated on a desirable corner lot, this property boasts a fully fenced backyard perfect for outdoor entertaining, gardening, or simply enjoying Arizona's beautiful weather. Home has inside laundry room. 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 • 1.1 mi
Grades PK-6 • 1.9 mi
Grades K-6 • 5.8 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 | 1,666 | 1,672 | 49% |
| Lot Size | 7,936 | 7,169 | 70% |
| Price | $350.0K | $277.0K | 63% |
| Price per sq ft | $210 | $181 | 56% |
| Built year | 1987 | 1984 | 57% |
| HOA | $370 | $298 | 66% |
| Days on market | 72 | 2156 | 1% |
Feb 9, 2026
$350,000
Initial Listing
Oct 16, 1987
$110,985
Public Record