3154 E Inverness Avenue, Mesa, AZ 85204, Mesa, 85204 - 7 bed, 6 bath
Loading property details...
Mesa, AZ 85204
Analysis of 3154 E Inverness Avenue, Mesa, AZ 85204 is currently available with a list price of $1,540,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Mesa Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property is move-in ready and has undergone significant updates since its 1980 construction. The kitchen features granite countertops, a modern tile backsplash, and white cabinetry. Flooring has been updated to a mix of large-format tile and wood-look planks. While some cabinetry in secondary areas like the laundry room remains dated, the overall condition is well-maintained with functional systems and high-quality outdoor amenities including a pool and artificial turf.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 34689, living area = 5256.
Priced over $100,000 below a recent appraisal, this property offers immediate value and significant equity potential for the buyer from day one.
The expansive 7-bedroom floor plan includes a custom basement and a private suite with a separate balcony, making it ideal for large families or multi-generational living arrangements.
Built in 1980, the home may require significant capital investment for modern cosmetic updates and energy-efficiency upgrades to meet current luxury standards.
The massive 5,256 square foot interior combined with extensive outdoor amenities like a pool and large irrigated lot will likely result in high monthly utility and maintenance expenses.
Here's a rare opportunity to own in Heritage Acres -- priced 100K+ UNDER recent appraisal, giving you instant equity, with no HOA! This custom basement home offers 7 bedrooms, 5.5 baths, and sits on close to a 1-acre lot. Perfect for multigenerational living, Includes an extra private suite with attached bathroom and separate Balcony. The backyard features a pool, built-in BBQ, Ramada, firepit, and several work/storage containers. A private RV gate plus and driveway with 12 parking spaces make storing your RV, toys, and equipment easy. Inside, enjoy multiple living areas, Property includes Irrigation water rights. Gilbert school district!!
No exterior & parking available.
Grades PK-8 • 1.5 mi
Grades 8-12 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 99% |
| Baths | 6.0 | 2.0 | 99% |
| Square foot | 5,256 | 1,614 | 99% |
| Lot Size | 34,689 | 7,325 | 98% |
| Price | $1.54M | $365.0K | 99% |
| Price per sq ft | $293 | $218 | 76% |
| Built year | 1980 | 1980 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 151 | 2246 | 2% |
Nov 22, 2025
$1,540,000
Initial Listing