
Mesa, AZ 85212
This Spacious Single-Level Residence represents a High-Potential Investment Opportunity, listed at $450,000—positioned well below the $461,288 Fair Market Value by 2%. This valuation gap offers $11,288 in Instant Equity. With a Fair Condition Rating, the property features a rare 11,853-square-foot cul-de-sac lot and a Versatile Floor Plan with a den and flex room. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic cosmetic renovations in a well-connected Mesa community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3806 S EMERY Circle Subject | $450,000* List Price | 3 | 2 | 2,047 | $225 | - |
A 3529 S TAMBOR -- Sold | $440,000 | 3 | 2 | 1,670 | $263 | 0.3 mi |
B 10824 E Quintana Avenue Sold | $514,000 | 3 | 3 | 2,067 | $249 | 0.5 mi |
C 11346 E RENATA Avenue Sold | $530,000 | 4 | 2 | 2,175 | $244 | 0.3 mi |
D 11346 E RENATA Avenue Sold | $530,000 | 4 | 2 | 2,175 | $244 | 0.3 mi |
E 10830 E RAMONA Avenue Sold | $525,000 | 4 | 3 | 2,611 | $201 | 0.7 mi |
F 11223 E RALEIGH Avenue Active | $450,000 List Price | 4 | 2 | 2,175 | $207 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (24 years old), the property falls into the 'Fair' category as it is over 20 years old and the listing explicitly states it is priced to reflect its condition, requiring cosmetic updates to modernize. While the images show some newer wood-look flooring and fresh paint, the kitchen and bathrooms are likely original and dated, consistent with the agent's description of prioritizing functionality over trends.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11853, living area = 2047.
The property features a rare 11,853-square-foot lot on a quiet cul-de-sac, providing significant outdoor space for a pool, garden, or custom entertaining area that is difficult to find in the Mesa/Gilbert area.
With a dedicated den and an additional flex room beyond the three bedrooms, the 2,047-square-foot layout offers exceptional adaptability for home offices, fitness spaces, or multi-generational living.
The home requires updates to modernize its aesthetic, which will necessitate additional upfront capital and effort from the buyer to bring it to current market standards.
The assigned high school carries a lower rating of 4/10, which may be a consideration for families prioritizing top-tier educational performance in their home search.
Space. Flexibility. Opportunity. Finding a home with enough space is difficult. Finding one with enough space and room in the budget to make it your own is even harder. That's what makes 3806 S. Emery Circle worth a closer look. Situated on an oversized 11,853-square-foot cul-de-sac lot in Mesa's Mountain Ranch community, this single-level home offers 3 bedrooms, 2 bathrooms, a dedicated den, an additional flex room, and more than 2,000 square feet of living space designed to adapt as life changes. Inside, the layout prioritizes functionality over trends. The kitchen opens to the main living areas, creating a natural gathering space for everyday life, while abundant storage and a large walk-in pantry help keep everything organized behind the scenes. The adjacent living spaces provide the flexibility today's buyers are increasingly searching for. Beyond the three bedrooms, the den and separate flex room create options for a home office, playroom, media room, fitness space, hobby room, guest area, or a combination of uses that evolve with your needs over time. Whether you're working from home, raising a family, caring for relatives, or simply looking for more usable space, this floor plan offers possibilities that extend well beyond a traditional three-bedroom home. The home has been priced to reflect its current condition, creating an opportunity for buyers who recognize the value of good space and a strong floor plan. Cosmetic updates could dramatically transform the look and feel of the property while allowing the next owner to personalize it according to their own style and priorities. What truly separates this property from many competing homes, however, is the lot. At nearly 12,000 square feet, the backyard offers a level of outdoor space that has become increasingly difficult to find throughout southeast Mesa and neighboring Gilbert communities. Whether your vision includes a pool, expanded outdoor living areas, a garden, a play space, or simply room to spread out, this property provides a canvas that's becoming harder and harder to find. Mountain Ranch offers neighborhood parks, established streets, and convenient access to Loop 202, US-60, Phoenix-Mesa Gateway Airport, ASU Polytechnic Campus, shopping, dining, and major employment centers throughout Mesa, Gilbert, and Chandler. For buyers searching for a single-level home with a large lot, flexible living spaces, and the opportunity to build equity through thoughtful improvements, opportunities like this are becoming increasingly rare. If you've been waiting for a home with room to grow, room to personalize, and a price that leaves space in the budget for future updates, 3806 S. Emery Circle deserves a place on your list.
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades 7-8 • 2.0 mi
Grades 8-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,047 | - |
| Lot Size | 11,853 | - |
| Price | $450.0K | $476.2K |
| Price per sq ft | $220 | $271 |
| Built year | 2002 | 0 |
| HOA | $62 | $0 |
| Days on market | 11 | 2611 |
Jul 12, 2026
$450,000
Initial Listing
Jun 4, 2002
$164,214
Public Record