482 LEISURE WORLD, Mesa, AZ 85206, Mesa, 85206 - 3 bed, 2 bath
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Mesa, AZ 85206
This Move-In Ready Townhouse is a Strong Value Opportunity, listed at $280,000—positioned well below the $308,068 Fair Market Value by 9%. This valuation gap offers $28,068 in Instant Equity for the buyer. Featuring a Granite Kitchen, modern flooring, and a private covered patio, the home maintains a Condition Rating of 3. Located in the secure Leisure World community with access to top-tier amenities and a 9/10 rated elementary school, this property is ideal for Retirees or Owner-Occupants seeking an active, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 482 LEISURE WORLD Subject | $280,000* List Price | 3 | 2 | 1,490 | $207 | - |
A 469 LEISURE WORLD -- Sold | $280,000 | 3 | 2 | 1,490 | $188 | 0.1 mi |
B 305 LEISURE WORLD -- Sold | $340,000 | 3 | 2 | 1,460 | $233 | 0.2 mi |
C 437 LEISURE WORLD -- Active Under Contract | $309,700 List Price | 3 | 2 | 1,500 | $206 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1979, the property has undergone significant updates within the 5-15 year range, including a kitchen with granite countertops and stainless steel appliances, along with newer vinyl and tile flooring. The presence of a reverse osmosis system and water softener indicates good maintenance of systems, making it move-in ready despite some dated features like popcorn ceilings.
Elementary School: Franklin at Brimhall Elementary School (9/10).
Situated in the 24/7 gated Leisure World community, the property offers unparalleled access to two golf courses, tennis and pickleball courts, fitness centers, and diverse social clubs, ensuring a high-quality active lifestyle.
The home features a contemporary kitchen with granite countertops, white cabinetry, and stainless steel appliances, complemented by low-maintenance tile and vinyl flooring throughout.
The $652 monthly association fee is a significant recurring cost that may impact buyer affordability and overall debt-to-income ratios compared to other local options.
Built in 1979, the property may require future capital expenditures for aging structural components or systems that have not been fully modernized despite the cosmetic interior upgrades.
Welcome to LEISURE WORLD! This charming single-story home featuring 3 bedrooms, 2 bathrooms, and a functional layout with white cabinetry, granite countertops, and stainless steel appliances. Complete with a leased water softener and reverse osmosis system! Tile and vinyl flooring offer easy maintenance, while an attached garage and covered patio overlook a fenced backyard. Located in Leisure World, a premier 24/7 gated, patrol-secured community, you'll enjoy two 18-hole golf courses, tennis & pickleball courts, pools, fitness center, walking paths, woodshop, art studios, theater, ballrooms, and endless activities!
No exterior & parking available.
Grades PK-6 • 1.4 mi
Grades PK-6 • 2.0 mi
Grades K-6 • 6.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,490 | - |
| Lot Size | 2,327 | - |
| Price | $280.0K | $310.0K |
| Price per sq ft | $188 | $260 |
| Built year | 1979 | 0 |
| HOA | $652 | $0 |
| Days on market | 2 | 2514 |
Jul 21, 2026
$280,000
Initial Listing