550 S SIGNAL BUTTE Road, Mesa, AZ 85208, Mesa, 85208 - 3 bed, 2 bath
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Mesa, AZ 85208
This Spacious 3-Bedroom Residential Home represents a High-Potential Investment Opportunity, listed at $475,000—positioned well above the $406,014 Fair Market Value. While priced above current estimates, the property offers unique utility through its 11,064 sqft lot, detached workshop, and secured RV carport. Featuring a Condition Rating of 3, the home includes a Modernized Granite Kitchen and updated primary suite. With proximity to top-rated schools like Franklin at Brimhall, this property is an ideal acquisition for Hobbyists or Owner-Occupants seeking flexible, move-in ready space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 550 S SIGNAL BUTTE Road Subject | $464,900* List Price | 3 | 2 | 1,170 | $340 | - |
A 10423 E Crescent Avenue Sold | $512,450 | 3 | 2 | 1,500 | $342 | 0.4 mi |
B 857 S DEL RANCHO -- Sold | $439,000 | 3 | 2 | 1,300 | $338 | 0.4 mi |
C 11519 E VINE Avenue Sold | $422,500 | 3 | 2 | 1,312 | $322 | 0.9 mi |
D 11341 E EDGEWOOD Avenue Sold | $444,400 | 3 | 2 | 1,436 | $309 | 0.8 mi |
E 10425 E BIRCHWOOD Avenue Active | $375,000 List Price | 3 | 2 | 1,302 | $288 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1965, it features a fully renovated kitchen with modern 42-inch cabinets, granite countertops, and stainless steel appliances, alongside updated bathrooms and flooring. The property is well-maintained and move-in ready; however, the overall age of the structure and visible wear on the exterior patio surfaces keep it from the Excellent category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11064, living area = 1170.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property features a detached workshop and a secured, covered RV carport, offering rare flexibility for hobbyists and storage for large vehicles or boats.
At 1,170 square feet for a three-bedroom home, the interior living spaces may feel compact for larger families or those requiring more indoor room.
Built in 1965, the property may have aging underlying systems that require more maintenance compared to newer constructions, despite the cosmetic renovations.
Spacious 3-bedroom, 2-bath home with room for all your tools, toys, trucks, and boats! Features include detached workshop and RV covered secured carport Inside, enjoy a fully renovated kitchen with upgraded 42'' upper cabinets, granite countertops, stainless steel appliances, and an eat-in kitchen that opens to a large great room. The primary suite offers a beautifully updated bathroom and private retreat. Step outside to an extended covered patio overlooking the grassy backyard, complete with a charming playhouse and plenty of room for entertaining, relaxing, or family fun. A property with this much flexibility and space is hard to find!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades PK-6 • 7.3 mi
Grades K-6 • 11.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,170 | - |
| Lot Size | 11,064 | - |
| Price | $464.9K | $476.2K |
| Price per sq ft | $397 | $271 |
| Built year | 1965 | 0 |
| HOA | $0 | $0 |
| Days on market | 31 | 2611 |
Jul 10, 2026
$464,900
$475,000
-2% Price Drop
Initial Listing
Jun 22, 2026
$475,000
Initial Listing