
Mesa, AZ 85205
This Turn-key Active Adult Residence is listed at $293,999, offering a stable price point reflecting its $279,951 Fair Market Value and significant recent capital improvements. Boasting a Condition Rating of 3, the interior shines with quartz kitchen countertops, wood-like laminate flooring, and a versatile Arizona Room complemented by a private-entry kitchenette. Situated in the peaceful Dreamland Villa community near the 9/10 rated Franklin Elementary School, the property features a new septic tank for peace of mind. This is the perfect lifestyle choice for Retirees or Owner-Occupants seeking a stress-free, modernized sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5517 E Boise Street Subject | $293,999* List Price | 2 | 2 | 1,314 | $213 | - |
A 5416 E COLBY Street Sold | $299,000 List Price | 2 | 2 | 1,188 | 0.4 mi | |
B 5228 E DES MOINES Street Sold | $319,900 | 2 | 2 | 1,423 | $225 | 0.7 mi |
C 5313 E Dallas Street Sold | $260,000 List Price | 3 | 2 | 1,519 | 0.6 mi | |
D 5251 E ADOBE Road Sold | $290,000 | 2 | 2 | 1,422 | $204 | 0.8 mi |
E 5527 E DALLAS Street Sold | $324,000 | 2 | 2 | 1,436 | $226 | 0.6 mi |
F 5725 E COLBY Street Sold | $340,000 List Price | 2 | 2 | 1,380 | 0.5 mi | |
G 5437 E BUTTE Street Active | $300,000 List Price | 2 | 2 | 1,273 | $236 | 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 significant recent cosmetic updates, including new wood-like laminate flooring, fresh interior paint, and quartz kitchen countertops. While the home retains its 1960s architectural style and original painted cabinetry, the functional improvements such as a new septic tank, updated electrical outlets, and new bathroom vanities ensure the major systems are well-maintained and 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 = 8250, living area = 1314.
Elementary School: Franklin Elementary School (9/10).
The home features extensive recent renovations including quartz countertops, wood-like laminate flooring, and fresh paint, offering a turn-key experience for buyers seeking a move-in ready property.
As part of a 55+ community, the property is limited to a specific buyer pool, which restricts marketability and future resale opportunities to a narrower audience.
Despite the modern interior cosmetic updates, the 1960 construction year may present limitations in original structural design and older underlying systems compared to contemporary builds.
Move-in ready 2 bedroom, 2 bathroom home located in the desirable Dreamland Villas 55+ community in Mesa, AZ with no HOA. This beautifully updated single-level home offers light, bright living spaces and a functional floor plan designed for comfort and flexibility. Recent upgrades include fresh interior paint, wood-look laminate flooring, new carpet in both bedrooms, quartz kitchen countertops, updated bathroom vanities, new toilet in the hall bath, updated outlets, and ceiling fan lighting. A new septic tank adds peace of mind for long-term ownership. The home features two separate living areas, providing space for entertaining or relaxing, with the second living space opening to a covered Arizona Room for seamless indoor-outdoor living. A private kitchenette with separate exterior exterior entrance through the breezeway creates an ideal setup for a guest suite, home office, hobby space, or multi-generational living. Situated on a spacious lot, this property offers low-maintenance desert landscaping and the ease of single-level living. Located in East Mesa near US-60, shopping, dining, medical facilities, golf courses, and recreation. Perfect for buyers searching for a move-in ready home in Mesa AZ, 55+ community, retirement home, or low-maintenance single-family property with no HOA.
No exterior & parking available.
Grades PK-6 • 1.1 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 | 35% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,314 | 1,542 | 30% |
| Lot Size | 8,250 | 7,639 | 64% |
| Price | $294.0K | $310.0K | 47% |
| Price per sq ft | $224 | $216 | 52% |
| Built year | 1960 | 1983 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 96 | 2231 | 1% |
Jan 16, 2026
$293,999
Initial Listing