4056 E CAPRI Avenue, Mesa, AZ 85206, Mesa, 85206 - 3 bed, 2 bath
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Mesa, AZ 85206
This property presents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well above the $309,890 Fair Market Value by -21%. Featuring a Condition Rating of 5, this 2,337 sqft residence requires a full interior renovation to modernize its 1979 vintage infrastructure. While the age-restricted Sunland Village 5 location limits the buyer pool, the generous floor plan and proximity to top-rated schools like Franklin Junior High offer significant long-term upside. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors focused on value-add renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4056 E CAPRI Avenue Subject | $375,000* List Price | 3 | 2 | 2,337 | $133 | - |
A 4228 E CAPRI Avenue Active Under Contract | $365,000 List Price | 3 | 2 | 1,959 | $186 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1979 and appearing mostly original, this property exceeds the 30-year threshold for a rehab candidate. The kitchen features dated cabinetry and vintage GE appliances, while the bathrooms contain original fixtures and carpeted flooring. The presence of popcorn ceilings and 45-year-old systems suggests a need for a full interior renovation.
At 2,337 square feet, this property is significantly larger than many standard homes in the Sunland Village area, offering rare additional room for a third bedroom or a dedicated home office.
Listed at approximately $160 per square foot, this home offers exceptional value for the Mesa market, providing more interior space for the price compared to smaller, more expensive alternatives.
Located in the desirable Sunland Village 5, the property benefits from a well-maintained 55+ environment with access to community-specific amenities and a stable neighborhood atmosphere.
Built in 1979, the property likely requires modernization of major systems and cosmetic updates to meet the expectations of contemporary buyers looking for move-in-ready finishes.
The age-restricted nature of the subdivision limits the potential resale market to the 55+ demographic, which can result in a narrower pool of qualified buyers compared to non-restricted residential zones.
Enjoy active adult living in the highly sought-after Sunland Village! This beautifully maintained single-story home features a desirable floor plan with 3 bedrooms plus 2 versatile bonus rooms, offering plenty of space for a home office, hobby room, fitness area, or guest accommodations. The spacious layout is designed for comfortable everyday living and easy entertaining. A 2-car garage provides ample storage and convenience, while the low-maintenance lifestyle allows you to fully enjoy all the amenities and activities this vibrant 55+ community has to offer. Don't miss this opportunity to own a flexible and spacious home in one of Mesa's most popular active adult neighborhoods!
No exterior & parking available.
Grades PK-6 • 1.5 mi
Grades PK-6 • 1.8 mi
Grades K-6 • 2.1 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 | 2,337 | 1,704 | 88% |
| Lot Size | 7,256 | 7,475 | 47% |
| Price | $375.0K | $277.0K | 67% |
| Price per sq ft | $160 | $149 | 51% |
| Built year | 1979 | 1985 | 32% |
| HOA | $707 | $290 | 99% |
| Days on market | 34 | 2305 | 1% |
May 11, 2026
$375,000
Initial Listing