
Mesa, AZ 85205
This Renovated 55+ Adult Community Residence is listed at $289,000, offering stable pricing at its $289,000 Fair Market Value. The property holds a Condition Score of 3, benefiting from significant capital improvements including a New A/C (2024), New Roof (2022), and Updated Electrical Panel (2023). Recent cosmetic updates like Brand-New Flooring and fresh paint provide a turnkey experience. Situated near the highly-rated Franklin Elementary School (9/10), this move-in-ready sanctuary offers a low-maintenance lifestyle with optional resort-style amenities. It is perfectly suited for retirees or winter-visitor retreat seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5455 E BALTIMORE Street Subject | $289,000* List Price | 2 | 2 | 1,144 | $253 | - |
A 5416 E COLBY Street Sold | $299,000 List Price | 2 | 2 | 1,188 | 0.3 mi | |
B 5412 E COVINA Road Sold | $239,900 List Price | 2 | 1 | 884 | 0.2 mi | |
C 5501 E ADOBE Road Sold | $327,000 | 2 | 2 | 1,271 | $257 | 0.5 mi |
D 5228 E Des Moines Street Sold | $319,900 | 2 | 2 | 1,064 | $301 | 0.5 mi |
E 5409 E DECATUR Street Sold | $225,000 | 2 | 2 | 1,064 | $211 | 0.3 mi |
F 507 N 55TH Place Sold | $275,000 | 2 | 2 | 936 | $294 | 0.3 mi |
G 5437 E BUTTE Street Active | $300,000 List Price | 2 | 2 | 1,273 | $236 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready with significant recent capital improvements, including a new A/C (2024), a new roof (2022), and an updated electrical panel (2023). While the kitchen and bathrooms retain their original 1960s vintage styling, cabinetry, and blue tile, the home has been refreshed with brand-new flooring and interior/exterior paint as of June 2024, meeting the criteria for a well-maintained, functional home with major systems within their expected lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8622, living area = 1144.
Elementary School: Franklin Elementary School (9/10).
The property boasts significant recent capital improvements, including a brand-new A/C (2024), a new roof (2022), and an updated electrical panel (2023), minimizing immediate maintenance concerns for the buyer.
Originally built in 1960, the home may still feature older plumbing or structural elements that do not meet the efficiency or design standards of more modern adult community developments.
The listing carries a high 'Days on Market' count, which can often create a negative perception regarding the property's desirability or value, despite the very recent renovations.
Ignore DOM! Remodeling completed on June 18th: Brand-New Flooring and Interior/Exterior Painting! Check out our new updated photos! WOW! Charming 2 bedroom + Den, 2 bath home in popular Dreamland Villa 55+ Adult community! New A/C in 2024, New Roof 2022, and New Electrical Panel 2023! Spacious floorplan feels much larger than its square footage. Perfect for a retirement home or winter-visitor retreat. There is an OPTIONAL yearly membership if you choose to use Dreamland Villa's extensive clubs, pools, spas and sport courts. Ignore Days on Market; hurry, this home has just been updated and renovated!
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades PK-6 • 1.6 mi
Grades PK-6 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,144 | 1,542 | 15% |
| Lot Size | 8,622 | 7,639 | 71% |
| Price | $289.0K | $310.0K | 46% |
| Price per sq ft | $253 | $216 | 63% |
| Built year | 1960 | 1983 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 392 | 2231 | 24% |
Mar 26, 2025
$289,000
Initial Listing