529 LEISURE WORLD --, Mesa, AZ 85206, Mesa, 85206 - 2 bed, 2 bath
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Mesa, AZ 85206
This Spacious Active Adult Residence is a Strong Value Opportunity, listed at $340,000—positioned well below the $374,045 Fair Market Value by 9%. This valuation gap offers $34,045 in Instant Equity for buyers. While the home holds a Condition Rating of 4, the expanded 2,041 sqft layout and private front patio provide significant upside for cosmetic modernization. Located in the premier Leisure World community near top-rated Franklin Elementary, this property combines resort-style amenities with financial growth. It is ideal for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 529 LEISURE WORLD -- Subject | $340,000* List Price | 2 | 2 | 2,041 | $183 | - |
A 2716 LEISURE WORLD -- Sold | $279,900 List Price | 3 | 2 | 1,667 | 0.7 mi | |
B 834 Leisure World -- Sold | $302,000 | 2 | 2 | 1,400 | $216 | 0.2 mi |
C 834 LEISURE WORLD -- Sold | $302,000 | 2 | 2 | 1,400 | $216 | 0.2 mi |
D 1066 LEISURE WORLD -- Active | $374,999 List Price | 3 | 2 | 1,968 | $191 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this property is well-maintained and move-in ready but remains largely unrenovated. The kitchen features dated dark wood cabinetry and older appliances, and popcorn ceilings are visible throughout. While the flooring has been updated to tile in main areas and the home appears clean, the overall style and fixtures are aged and require modernization to meet current market standards.
Elementary School: Franklin Elementary School (9/10).
Located in the highly sought-after Leisure World active adult community, the property offers unparalleled access to 36 holes of golf, a new tennis complex, pickleball, and a state-of-the-art fitness center.
The expanded Greenbriar layout provides over 2,000 square feet of living space, including a versatile bonus room and oversized walk-in closets, offering more interior volume than standard models in the area.
Built in 1977 and marketed as a 'bargain,' the property likely requires significant cosmetic updates or modernization to meet the expectations of contemporary buyers.
The association fee of $584 is a substantial recurring monthly expense that may impact the budget of fixed-income retirees or those looking for lower overhead.
WONDERFULLY LOCATED on a nice corner lot near almost all of the activities in Leisure World, this expanded & Spacious 2 Bed 2 Bath Greenbriar floor plan boasts Large walk in closets in both beds, a bonus room with 2 storage closets. North/South exposure with large private front patio. All this in the Premiere Active Adult Community of Leisure World with 36 holes of private golf, new tennis complex, pickle ball, swimming pools, library, state of the art fitness center, theater, arts and crafts, billiard room, and much more! Don't miss out on this bargain home!
No exterior & parking available.
Grades PK-6 • 1.4 mi
Grades PK-6 • 2.2 mi
Grades K-6 • 6.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 46% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,041 | 1,685 | 82% |
| Lot Size | 8,016 | 7,169 | 70% |
| Price | $340.0K | $277.0K | 59% |
| Price per sq ft | $167 | $180 | 49% |
| Built year | 1977 | 1984 | 11% |
| HOA | $584 | $298 | 88% |
| Days on market | 23 | 2156 | 1% |
Mar 30, 2026
$340,000
Initial Listing