5518 E LINDSTROM Lane 1009, Mesa, AZ 85215, Mesa, 85215 - 2 bed, 2 bath
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Mesa, AZ 85215
This Ground-Floor Resort-Style Condo is listed at $185,000, offering a stable and fair acquisition at its $185,000 Fair Market Value. Maintaining a Condition Rating of 4, the residence is move-in ready and features a private patio with French doors and a partially furnished interior. The comprehensive HOA covers water, cable, and resort amenities like pools and a fitness center, simplifying monthly budgeting. Situated near the elite Franklin Elementary School (9/10), this home balances convenience with lifestyle. It is perfectly suited for seasonal residents or first-time buyers seeking a turnkey desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5518 E LINDSTROM Lane 1009 Subject | $185,000* List Price | 2 | 2 | 947 | $195 | - |
A 5518 E Lindstrom Lane 2011 Sold | $197,500 | 2 | 2 | 947 | $209 | 0.0 mi |
B 5518 E LINDSTROM Lane 3010 Pending | $159,900 List Price | 1 | 2 | 947 | $169 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, this property is well-maintained and move-in ready but reflects its age through dated finishes. While it features some modern updates like contemporary ceiling fans and neutral paint, the ceramic tile flooring and general layout are consistent with original construction. The property analysis explicitly notes 'Dated Construction' as a weakness, suggesting that while functional, the kitchen and bathrooms likely require modernization to meet current market standards.
Elementary School: Franklin Elementary School (9/10).
As a ground-floor unit, this property offers easy access and features a larger patio with French doors, providing superior indoor-outdoor flow and convenience compared to upper-level units.
The HOA fee covers water, trash, cable, and pest control, leaving electricity as the only utility for the owner, which significantly simplifies monthly budgeting and reduces overhead.
Built in 1987, the property may require cosmetic updates or modernization of original systems to meet the aesthetic and efficiency standards of contemporary buyers.
At 947 square feet for a two-bedroom, two-bathroom configuration, the interior layout may feel restrictive for those seeking a more spacious primary residence.
Great ground floor 2 bedroom unit. Partially furnished. Spacious primary bedroom and nice sized secondary bedroom with french doors. Nice living and dining area also has bright and airy french doors to the patio. Larger patio with furniture included since it is a ground unit. Stackable washer and dryer will stay as well. N/S exposure. Electricity is the only utility to pay as the HOA covers water, trash, cable, pest control and amenities. Community has 2 pools and a hot tub. Billiards room, exercise room! Great
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades PK-6 • 4.4 mi
Grades K-6 • 6.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 947 | 1,371 | 40% |
| Lot Size | 1,298 | 1,298 | 50% |
| Price | $185.0K | $323.0K | 20% |
| Price per sq ft | $195 | $231 | 20% |
| Built year | 1987 | 1987 | 50% |
| HOA | $275 | $270 | 60% |
| Days on market | 106 | 233 | 20% |
Jan 6, 2026
$185,000
Initial Listing