4528 E HOBART Street, Mesa, AZ 85205, Mesa, 85205 - 5 bed, 3 bath
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Mesa, AZ 85205
This Resort-Style Turnkey Retreat is a High-Potential Investment Opportunity, listed at $735,000—positioned well below the $931,065 Fair Market Value by 21%. This significant valuation gap offers $196,065 in Instant Equity. Maintaining a Condition Rating of 3, the property features a Resort-Style Backyard with a heated pool and no HOA fees. Situated near the 9/10 rated Franklin Elementary, this 5-bedroom home currently operates as a successful Airbnb. It represents a strategic acquisition for Short-Term Rental Investors or Owner-Occupants seeking immediate value and lifestyle luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4528 E HOBART Street Subject | $723,000* List Price | 5 | 3 | 2,418 | $294 | - |
A 4744 E HALIFAX Street Active Under Contract | $575,000 List Price | 4 | 2 | 2,206 | $261 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and currently operates as a successful turnkey Airbnb, indicating a high standard of maintenance. While originally built in 1987, the home has undergone significant aesthetic updates, including a kitchen with stone countertops and stainless steel appliances, and bathrooms featuring decorative tile work and ornate vanities. The flooring, consisting of large-format tile and well-kept carpet, shows minimal wear. The resort-style backyard is a standout feature that appears well-maintained. It meets the 'good' criteria as a well-maintained home with updated components that do not require immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14051, living area = 2418.
Elementary School: Franklin Elementary School (9/10).
The property features an expansive 1/3-acre lot equipped with a heated pool, adobe-style fireplace, built-in grill, and firepit, offering a premium outdoor living and entertainment experience.
Built in 1987, the home may require upcoming capital improvements for aging mechanical systems or further cosmetic updates to align with modern luxury standards.
While elementary school options are highly rated, the assigned middle and high schools carry lower ratings (5 and 6), which may be a consideration for families prioritizing top-tier secondary education.
Welcome to your exquisite resort-style retreat in Mesa! Nestled on nearly 1/3 acre, this incredible property offers the perfect blend of comfort, entertainment, and investment potential. The resort-style backyard is a true oasis, featuring a heated pool, adobe-style fireplace, built-in grill, and firepit, perfect for relaxing or entertaining. Inside, you'll find arched entryways, an inviting eat-in kitchen with breakfast bar, and a spacious game room complete with a pool table. Currently operating as a successful Airbnb, this property can be sold furnished, making it a seamless turnkey investment or private getaway.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 3.6 mi
Grades K-6 • 4.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 2,418 | 1,596.5 | 87% |
| Lot Size | 14,051 | 7,525 | 92% |
| Price | $723.0K | $282.5K | 95% |
| Price per sq ft | $299 | $204 | 87% |
| Built year | 1987 | 1984 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 118 | 2308 | 1% |
May 29, 2026
$723,000
$733,000
-1% Price Drop
Initial Listing
Apr 20, 2026
$733,000
$735,000
+0% Price Increase
Initial Listing
Feb 17, 2026
$735,000
Initial Listing