5449 E AKRON Street, Mesa, AZ 85205, Mesa, 85205 - 3 bed, 2 bath
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Mesa, AZ 85205
This Spacious 55+ Residence is a High-Potential Investment Opportunity with a List Price of $274,000—positioned well below the $311,926 Fair Market Value by 12%. This valuation gap offers $37,926 in Instant Equity for incoming buyers. The property maintains a Good Condition Rating, featuring an updated kitchen with stainless steel appliances and wood-look laminate flooring throughout. Located in the desirable Dreamland Villa community near top-rated schools like Franklin Elementary (9/10), it balances lifestyle perks with strong financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5449 E AKRON Street Subject | $274,000* List Price | 3 | 2 | 1,532 | $204 | - |
A 5313 E Dallas Street Sold | $260,000 List Price | 3 | 2 | 1,519 | 0.7 mi | |
B 5251 E ADOBE Road Sold | $290,000 | 2 | 2 | 1,422 | $204 | 0.9 mi |
C 5316 E COLBY Street Sold | $244,900 List Price | 3 | 2 | 1,700 | 0.6 mi | |
D 5917 E BOISE Street Active | $340,000 List Price | 3 | 2 | 1,546 | $220 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows evidence of significant updates despite its 1959 build date. The interior features modern wood-look laminate flooring throughout the main living areas, and the kitchen has been updated with dark wood cabinetry, stainless steel appliances, and updated track lighting. While the home retains its original mid-century footprint and carport, the interior renovations and well-maintained exterior condition align with the 'Good' classification.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9000, living area = 1532.
Elementary School: Franklin Elementary School (9/10).
Situated in the established Dreamland Villa neighborhood, this home offers a quiet, age-restricted environment with close proximity to golf, shopping, and dining.
Built in 1959, the property likely requires cosmetic or mechanical updates to align with modern aesthetic and efficiency standards.
The home features carport parking rather than a traditional garage, which may be a concern for vehicle protection and security in the Arizona climate.
Charming single-story home in the sought-after Dreamland Villa 55+ community in Mesa! This inviting 3-bedroom, 2-bath residence offers a comfortable layout with spacious living areas filled with natural light. Enjoy relaxing mornings or peaceful evenings under the covered patio, with a generous lot featuring easy-care desert landscaping. Additional highlights include carport parking and extra storage space. Ideally located near shopping, dining, golf, and convenient freeway access. A wonderful opportunity to create a space that truly feels like home in a vibrant, established neighborhood.
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades PK-6 • 1.9 mi
Grades PK-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,532 | 1,542 | 48% |
| Lot Size | 9,000 | 7,639 | 74% |
| Price | $274.0K | $310.0K | 44% |
| Price per sq ft | $179 | $215 | 42% |
| Built year | 1959 | 1983 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 2231 | 1% |
Apr 3, 2026
$274,000
Initial Listing