5350 E LINDSTROM Lane, Mesa, AZ 85215, Mesa, 85215 - 2 bed, 2 bath
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Mesa, AZ 85215
This Golf Course Fairway Residence is a High-Potential Investment Opportunity, listed at $490,000—positioned well below the $570,402 Fair Market Value by 14%. This valuation gap provides $80,402 in Instant Equity. The home maintains a Well-Maintained Condition Rating and features premium upgrades including a private sauna, golf cart garage, and unobstructed Red Mountain views from the 18th fairway. Located in the active Apache Wells 55+ community near the 9/10 rated Franklin Elementary School, it is ideal for Active Adults or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5350 E LINDSTROM Lane Subject | $490,000* List Price | 2 | 2 | 1,620 | $352 | - |
A 5761 E Leonora Street Sold | $475,000 List Price | 2 | 2 | 1,461 | 0.5 mi | |
B 5736 E LAWNDALE Street Sold | $495,000 | 3 | 2 | 1,833 | $270 | 0.5 mi |
C 5736 E LAWNDALE Street Sold | $495,000 | 3 | 2 | 1,833 | $270 | 0.5 mi |
D 2336 N SALEM Street Sold | $562,275 | 3 | 2 | 1,907 | $295 | 0.7 mi |
E 2307 N Lema Drive Active | $499,000 List Price | 2 | 2 | 1,700 | $294 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is exceptionally well-maintained and move-in ready, but it reflects its 1972 build date with several dated features. While the kitchen has been updated with granite countertops, it still features older white appliances, a fluorescent light box, and dated cabinetry. The presence of popcorn ceilings, older carpet, and mid-range bathroom fixtures suggests that while the home has been cared for through regular upkeep, it has not undergone a comprehensive modern renovation within the last 15 years.
Elementary School: Franklin Elementary School (9/10).
Situated on the 18th fairway directly behind the tee box, the property offers exceptional views of Red Mountain and premium golf course frontage.
The home features rare additions such as a private sauna in the laundry room, a dedicated golf cart garage with an electric opener, and high-end plantation shutters throughout.
Built in 1972, the home may require significant capital improvements or updates to its core systems to align with modern energy efficiency and building standards.
The 55+ age requirement limits the potential buyer pool to a specific demographic, which can result in a longer time on market compared to non-restricted residential areas.
WOW. You will not want to miss this one. This is a site built home on the 18th fairway located behind the tee box. The view is right at Red Mountain from the patio or dining room. The home has 2 bathrooms and 2 bedrooms. There is a spacious office with a patio door to the patio. The golf cart garage has an electric door opener and built in cabinets. The home has all plantation shutters. There is a sauna and shower in the laundry room. The back yard has a low fence facing the golf course off of the very large patio. There are a couple of fruit trees. Apache Wells is a 55 plus community with many varied activities for all ages. The White Feather Bar and Grill are open to the public. Golf memberships are available.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 4.3 mi
Grades K-6 • 5.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,620 | 1,891 | 28% |
| Lot Size | 6,015 | 7,338.5 | 31% |
| Price | $490.0K | $429.2K | 62% |
| Price per sq ft | $302 | $225 | 84% |
| Built year | 1972 | 1994 | 1% |
| HOA | $480 | $115 | 82% |
| Days on market | 58 | 2148 | 1% |
Feb 23, 2026
$490,000
Initial Listing