5437 E BUTTE Street, Mesa, AZ 85205, Mesa, 85205 - 2 bed, 2 bath
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Mesa, AZ 85205
This Renovated Single-Family Residence is a Strong Value Opportunity, with a List Price of $300,000—positioned well below the $315,935 Fair Market Value by 5%. This valuation gap provides $15,935 in Instant Equity. Boasting a Condition Rating of 3, the home features a brand-new AC unit, modern flooring, and a mountain view. Located in the Dreamland Villa 55+ community near the 9/10 rated Franklin Elementary, it offers a low-maintenance lifestyle with premium amenities. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5437 E BUTTE Street Subject | $293,000* List Price | 2 | 2 | 1,273 | $230 | - |
A 5313 E Dallas Street Sold | $260,000 List Price | 3 | 2 | 1,519 | 0.5 mi | |
B 5416 E COLBY Street Sold | $299,000 List Price | 2 | 2 | 1,188 | 0.3 mi | |
C 5228 E DES MOINES Street Sold | $319,900 | 2 | 2 | 1,423 | $225 | 0.5 mi |
D 5521 E DUNCAN Street Sold | $295,000 | 2 | 2 | 1,238 | $238 | 0.6 mi |
E 5725 E COLBY Street Sold | $340,000 List Price | 2 | 2 | 1,380 | 0.5 mi | |
F 5251 E ADOBE Road Sold | $290,000 | 2 | 2 | 1,422 | $204 | 0.6 mi |
G 5517 E Boise Street Active | $293,999 List Price | 2 | 2 | 1,314 | $224 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone extensive recent renovations, including a brand-new AC unit, new flooring, fresh neutral paint, and recessed lighting. The main bathroom features a modern, newly tiled walk-in shower. While the 1960s build is evident in some areas—such as the wood-paneled walls in the Arizona room and laundry area, and the older style of the kitchen cabinetry—the overall quality is high with new appliances and updated fixtures, meeting the criteria for a well-maintained, updated home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7878, living area = 1273.
Elementary School: Franklin Elementary School (9/10).
This move-in-ready home features significant upgrades including a brand-new AC unit, fresh neutral paint, new flooring, recessed lighting, and a modernized main bathroom with a tiled walk-in shower.
Built in 1960, the property may have underlying plumbing or electrical systems that reflect its age, despite the high-quality cosmetic and HVAC updates.
The 1.5-bathroom configuration may be a limitation for buyers who prioritize two full bathrooms for guest convenience or personal preference.
Discover this charming move-in ready single-level home nestled in the Dreamland Villa 55+ community. This freshly renovated home features 2 bedrooms, one and a half bathrooms. Recent updates: main bath has a new tiled walk-in shower with handrail for added safety. New AC, front door, sliding patio door. Neutral-colored paint throughout creates a modern, welcoming ambiance, updated ceiling fans, recessed lighting, new flooring, gives the home a fresh contemporary feel. Natural light pours into the living room through expansive windows, creating a bright and inviting living space. kitchen has solid wood cabinets, new white appliances.oversized laundry room, which includes a bathroom,(washer & dryer) offers ample space for an office,den, craft area. AZ room has new carpeting a full-size workbench this room provides additional living or workspace. The full-size covered patio is perfect for entertaining guests or enjoying the beautiful Arizona weather. Surrounding the home, low-maintenance desert landscaping combines style and functionality, perfectly complementing the sought-after Dreamland Villa community.Optional membership in Dreamland Villa grants access to two heated pools and spas, a workout facility, sport courts, and a variety of community activities and clubhouse. Home is located close to shopping, dinning. HOME HAS BRAND NEW AC UNIT 2026 see document tab for information about AC unit
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades PK-6 • 1.7 mi
Grades PK-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,273 | 1,590.5 | 26% |
| Lot Size | 7,878 | 7,525 | 61% |
| Price | $293.0K | $282.5K | 51% |
| Price per sq ft | $230 | $204 | 58% |
| Built year | 1960 | 1983 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 90 | 2309 | 1% |
Apr 24, 2026
$293,000
$300,000
-2% Price Drop
Initial Listing
Mar 18, 2026
$300,000
Initial Listing