513 N 89th Place, Mesa, AZ 85207, Mesa, 85207 - 2 bed, 2 bath
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Mesa, AZ 85207
This New Construction Single-Level Residence is a Prime Investment Opportunity, listed at $449,990—positioned below the $463,102 Fair Market Value by 2%. This valuation provides $13,112 in Instant Equity for a 2026 build. Featuring a New Construction Condition Rating, the home offers a modern kitchen and mountain views within the exclusive Rialta gated community. Its proximity to the Loop 202 ensures commuter convenience while maintaining a serene lifestyle. This property is a perfect match for first-time buyers or Owner-Occupants seeking a low-maintenance, high-quality sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 513 N 89th Place Subject | $449,990* List Price | 2 | 2 | 1,404 | $330 | - |
A 1136 N 87TH Place Sold | $360,000 | 2 | 2 | 1,153 | $312 | 0.8 mi |
B 1136 N 87TH Place Sold | $360,000 | 2 | 2 | 1,152 | $313 | 0.8 mi |
C 8739 E FAIRBROOK Street Sold | $345,000 | 2 | 2 | 1,153 | $299 | 0.9 mi |
D 8916 E COVINA Street Pending | $479,990 List Price | 3 | 2 | 1,490 | $322 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
New construction with a 2026 build date; features brand new systems, modern kitchen and baths, and requires zero maintenance.
As a 2026 build in the exclusive Rialta community, this property offers the rare chance to own a brand-new, modern home with contemporary finishes and the latest energy-efficient standards.
Situated in a secure gated community with mountain views and immediate access to the Loop 202, the property perfectly balances safety, scenic beauty, and commuter convenience.
The single-story floor plan provides an accessible and highly sought-after living arrangement that appeals to a wide demographic, from first-time buyers to those looking to downsize.
With only 1,404 square feet and two bedrooms, the home's footprint may be too restrictive for growing families or buyers requiring a dedicated guest room and home office.
The 3,600 square foot lot is relatively small for a detached single-family residence, limiting outdoor recreational space and privacy from neighboring properties.
A rare opportunity to build a single-level dream home in Rialta -- an exclusive gated community in Mesa off the 202 & University.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 11% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,404 | 2,105 | 19% |
| Lot Size | 3,600 | 8,847 | 4% |
| Price | $450.0K | $344.0K | 64% |
| Price per sq ft | $321 | $235 | 81% |
| Built year | 2026 | 2000 | 99% |
| HOA | $164 | $132 | 55% |
| Days on market | 42 | 2826 | 1% |
May 3, 2026
$449,990
Initial Listing