537 S PALO VERDE Way, Mesa, AZ 85208, Mesa, 85208 - 2 bed, 2 bath
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Mesa, AZ 85208
This Well-Maintained 55+ Townhome is listed at $260,000, providing a stable and fair entry point aligned with its $259,838 Fair Market Value. Boasting a Condition Rating of 4, the interior is exceptionally cared for and features a rare private patio on a desirable corner lot. Located within the gated Fountain of the Sun community, residents enjoy a private golf course, resort-style pool, and proximity to the 9/10 rated Franklin Elementary School in the Mesa Unified District. This property offers a move-in-ready lifestyle sanctuary perfectly suited for Retirees or Seasonal Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 537 S PALO VERDE Way Subject | $260,000* List Price | 2 | 2 | 1,079 | $241 | - |
A 7841 E Ocotillo Avenue Sold | $288,150 | 2 | 2 | 1,032 | $279 | 0.0 mi |
B 454 S 77TH Street Sold | $285,000 List Price | 2 | 2 | 1,032 | 0.2 mi | |
C 7733 E DESERT FLOWER Avenue Sold | $310,000 | 2 | 2 | 1,106 | $280 | 0.3 mi |
D 454 S GREENSIDE Court Sold | $217,500 List Price | 2 | 2 | 916 | 0.1 mi | |
E 440 S DESERT FLOWER Drive Sold | $270,000 | 2 | 2 | 1,032 | $262 | 0.1 mi |
F 440 S DESERT FLOWER Drive Sold | $270,000 | 2 | 2 | 1,032 | $262 | 0.1 mi |
G 448 S DESERT FLOWER Drive Active | $235,000 List Price | 2 | 2 | 1,032 | $228 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property is exceptionally well-maintained and move-in ready, it is aesthetically dated and lacks recent major renovations. Built in 1978, the home retains several vintage features including popcorn ceilings, older-style cabinetry, and laminate countertops in the kitchen. The appliances and fixtures are functional but represent older standards of quality. It fits the 'fair' criteria as an aged home maintained through regular upkeep but showing clear signs of being outdated compared to modern renovation standards.
Elementary School: Franklin Elementary School (9/10).
Located in the gated Fountain of the Sun community, residents benefit from a robust social calendar, a well-maintained golf course, and proximity to the community pool and hot tub.
This townhome occupies a desirable corner location featuring a rare private patio and the added convenience of guest parking situated directly next to the unit.
This specific phase of the development does not allow pets, which may serve as a significant deterrent for a large segment of the active adult buyer market.
Built in 1978, the home may require future capital investments for modernizing aesthetic finishes or aging mechanical systems to meet current efficiency standards.
Located in the gated 55+ community of Fountain of the Sun, this well-maintained 2-bedroom, 1.75-bath townhome offers a desirable corner location with a rare private patio and guest parking conveniently located right next to the unit. Enjoy an active lifestyle with access to a beautifully maintained golf course, a full calendar of planned activities, and a pool and hot tub just a short walk away. The community is easy to walk or bike, making it simple to stay active and soak up the Arizona sunshine year-round. This home offers a great location within the community and has been thoughtfully cared for. Please note: this phase of townhomes does not allow pets.
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades PK-6 • 3.7 mi
Grades K-6 • 7.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,079 | 1,079 | 50% |
| Lot Size | 107 | 168 | 33% |
| Price | $260.0K | $189.0K | 57% |
| Price per sq ft | $241 | $230 | 52% |
| Built year | 1978 | 1984 | 24% |
| HOA | $431 | $267 | 95% |
| Days on market | 60 | 1681 | 5% |
Feb 21, 2026
$260,000
Initial Listing