
Mesa, AZ 85205
This Spacious Basement Home is a Strong Value Opportunity, listed at $779,000—positioned well below the $828,183 Fair Market Value by 5%. This valuation gap offers $49,183 in Instant Equity for buyers. Maintaining a Good Condition Rating, the property features a rare 800-square-foot finished basement and a private 15-tree citrus orchard. Located near top-rated schools like Franklin Elementary (9/10), this residence perfectly balances lifestyle luxury with investment stability. It is an ideal acquisition for Owner-Occupants or Value-Add Investors seeking a unique, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4556 E Downing Street Subject | $749,900* List Price | 5 | 4 | 3,455 | $211 | - |
A 4919 E DIXON Circle Sold | $527,500 | 5 | 3 | 2,560 | $206 | 0.4 mi |
B 4326 E FAIRBROOK Circle Pending | $834,000 List Price | 4 | 5 | 3,575 | $233 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant recent capital improvements, including a brand-new HVAC system (2024), new luxury porcelain plank flooring on the main level, and a renovated spa-style master bathroom. While the kitchen cabinetry and some light fixtures reflect the home's 2000 build date, they are well-maintained and functional. The addition of a finished basement with new carpeting and a high-quality outdoor living space further supports a 'good' rating, as the home exceeds the maintenance levels typically seen in properties of this age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15072, living area = 3455.
Elementary School: Franklin Elementary School (9/10).
The 800-square-foot finished basement with 9-foot ceilings is a highly sought-after and rare feature in the Mesa market, providing exceptional flexible space for a home theater, gym, or guest quarters.
Despite significant upgrades, certain interior features like the maple cabinetry and specific architectural details reflect the home's 2000 vintage and may require cosmetic updates to align with modern luxury preferences.
The 2.5-car garage may prove restrictive for a large five-bedroom household or multi-generational living arrangement, especially for buyers requiring significant vehicle or equipment storage.
Welcome to one of Mesa's most distinctive properties -- 3,400-square-foot home where indoor luxury and Arizona outdoor living meet on a rare third-acre lot lined with 15 mature fruit trees. This is not a subdivision house dressed up with builder upgrades. This is a property with a personality Valencia Groves 5BR + den basement home on a 15,080 sf lot offering 3,455 sf of flexible living 2,671 main + 784 finished basement TWO separate family rooms create ideal space for teens, guests, game nights, or multi-generational living. 10' ceilings, 2x6 construction and R-26 insulation provide comfort, efficiency and quiet durability. New HVAC Oct 2024; basement refreshed with new carpet. Dedicated den for office or study. Ceiling fans in all bedrooms, both family rooms and patio. LISTING TITLE Valencia Groves · A Home That Lives Like No Other -- Finished Basement · Resort Backyard · 15-Tree Citrus Orchard · 3,455 SF · 5BR + Den OPENING There are houses. And then there are homes that reach out and hold you. This is one of those homes. Tucked into Valencia Groves on a rare third-acre lot, this 3,455 sq ft Mesa residence offers something the market has almost stopped producing: soul. Fifteen mature citrus trees. A backyard built for living, not listing photos. A finished basement that rewrites what this address can do for a family. Built new in 2000, loved for 25 years, and priced with the kind of honesty that respects your time and your intelligence. Come with an open mind. Leave with a decision. AT A GLANCE - 3,455 sq ft total (2,671 main + 784 finished basement) - 5 bedrooms + den · 3.5 baths · 2.5-car garage - 0.35-acre lot (15,080 sq ft) · Valencia Groves - 15 mature citrus trees: 12 Valencia orange, 2 lemon, 1 tangerine - 10' ceilings · 2x6 construction · R-26 insulation - New HVAC (Oct 2024) · new basement carpet · new porcelain plank flooring throughout main level OUTDOOR LIVING -- WHERE THIS HOME ANNOUNCES ITSELF You will feel it the moment you step through the gate. The Valencia orange will guide you. A deep covered patio with ceiling fans opens to a built-in outdoor kitchen -- gas grill, tile prep counter, storage built in. Nothing to haul out. Nothing to put away. Just a space that's ready when you are. Beyond it, a curved adobe fire pit terrace with banco seating wraps around open lawn framed by fifteen mature citrus trees -- twelve Valencia oranges, two lemons, one tangerine. Flood irrigated, basins in place, and producing every season. And in the spring, the orange blossoms arrive before you open the gate. If you've spent any time in Arizona, you already know what that means. Surrounded by your own grove, at your own home -- it's something you don't forget. The lawn beyond is a canvas waiting for your signature. Two rows of mature privacy trees -- along the side and rear -- already grown in and standing. Open space genuinely ready for a pool, spa, or casita. The groundwork is laid. The dream is yours to finish. MAIN FLOOR LIVING Warm. Open. Designed for real life. The maple kitchen anchors the great room with quiet confidence -- large island with seating, gas cooktop, double wall ovens, recessed lighting that flatters every hour of the day. The adjoining dining area moves easily from Tuesday dinner to Saturday entertaining. A separate formal living and dining room near the entry gives you the rarest thing in an open-plan world: a door you can close. New porcelain plank flooring runs the full main level, grounding everything in clean, lasting style. PRIMARY SUITE Rest here. Really rest. Vaulted ceilings. French doors that open directly to the backyard. And a spa-style bath that earns the name -- frameless glass walk-in shower, rain head, pebble floor, dual niches, glass block window, dual vanity, oversized walk-in closet. This is not a cosmetic refresh. This is a bath that was reimagined and executed well, with the feel of newer luxury construction and none of the compromise. THE BASEMENT -- MESA'S MOST UNDERRATED ROOM In a city where finished basements are rare, this one is a revelation. Seven hundred and eighty-four square feet of intentional, livable space. Step-lit carpeted stairs. Full 9' ceilings. Ceiling fans. Windows. New carpet. An open layout that adapts to whatever this season of life requires -- theater, gym, second family room, game room, creative studio. A private back bedroom sits removed from the main area, quiet and self-contained: the ideal office, guest retreat, or teen suite. The basement doesn't just add square footage. It adds a dimension to how this home lives -- and it's the reason this address works for families that other homes in this price range simply cannot accommodate. SPLIT-BEDROOM LAYOUT & GARAGE Two additional bedrooms, a dedicated den or sixth bedroom, and a full bath -- configured for guests, multigenerational living, remote work, or whatever the next chapter calls for. The 2.5-car garage includes an extended bay and generous enclosed storage. CLIMATE-CONTROLLED STORAGE -- ONLY IN ARIZONA DOES THIS MATTER THIS MUCH Step off the main living level into something Mesa homes almost never offer: a fully enclosed, temperature-stable storage room that holds steady year-round. Not a garage bay climbing toward 120° in July. An air-conditioned space purpose-built for bulk buying, pantry overflow, emergency preparedness, specialty storage, or a dedicated upright freezer. If you've ever lost food or supplies to an Arizona summer, you already understand exactly what this room is worth. LOCATION & DOCUMENTATION Minutes from Loop 202 and the Mesa/Gilbert corridor -- connected without feeling crowded. Environmental and air-quality testing current, thorough, and on file. All appliance manuals and owner documentation transfer with the home. Available upon request, no hesitation. CLOSING The rainbow shown over the For Sale sign in the gallery is real -- a memorable image for a home with a story worth remembering. OWNER COMMENTARY We built this home in 2000 and raised our family inside these walls. The kitchen, upstairs carpet, and bathrooms are original -- the master bath being the exception, with an updated floor and shower. The price reflects all of it, and we mean that honestly. We've already made concessions already in the price. We're open to more for the right buyers. Ron -n- Amy Come see it in person. The citrus, the backyard, the basement, the storage room -- none of it photographs the way it actually lives. We think you'll feel the difference the moment you walk in. LISTED BY Chris Randall · Cooper Premier Properties
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 2.6 mi
Grades K-6 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 4.0 | 2.0 | 93% |
| Square foot | 3,455 | 1,596.5 | 94% |
| Lot Size | 15,072 | 7,525 | 95% |
| Price | $749.9K | $282.5K | 95% |
| Price per sq ft | $217 | $204 | 56% |
| Built year | 2000 | 1984 | 93% |
| HOA | $60 | $0 | 69% |
| Days on market | 119 | 2309 | 1% |
Jun 12, 2026
$749,900
$754,900
-1% Price Drop
Initial Listing
Jun 1, 2026
$754,900
$759,900
-1% Price Drop
Initial Listing
May 8, 2026
$759,900
$769,000
-1% Price Drop
Initial Listing
Apr 24, 2026
$769,000
$779,000
-1% Price Drop
Initial Listing
Feb 17, 2026
$779,000
Initial Listing