
Mesa, AZ 85205
This Fully Remodeled Senior Residence is a Strong Value Opportunity, listed at $389,900—positioned well below the $413,750 Fair Market Value by 5%. This valuation gap provides $23,850 in Instant Equity. Boasting an Excellent Condition Rating following a comprehensive 2026 renovation, the home features a Quartz Kitchen, New Roof, and wide-plank flooring. Located in the vibrant Dreamland Villa 55+ community near the 9/10 rated Franklin Elementary, it offers premium amenities including heated pools and pickleball. This is an ideal acquisition for Retirees or Owner-Occupants seeking a turnkey, high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6025 E Boise Street Subject | $389,900* List Price | 2 | 2 | 1,798 | $230 | - |
A 5316 E COLBY Street Sold | $400,000 List Price | 3 | 2 | 1,716 | 1.0 mi | |
B 243 N 61ST Place Sold | $390,000 | 3 | 2 | 1,874 | $208 | 0.1 mi |
C 243 N 61ST Place Sold | $390,000 | 3 | 2 | 1,874 | $208 | 0.1 mi |
D 6319 E ALBANY Street Sold | $470,000 | 3 | 3 | 1,761 | $267 | 0.4 mi |
E 243 N 61st Place Sold | $390,000 | 3 | 2 | 1,660 | $235 | 0.1 mi |
F 5725 E COLBY Street Sold | $340,000 List Price | 2 | 2 | 1,380 | 0.5 mi | |
G 5832 E BILLINGS Street Active | $399,900 List Price | 2 | 2 | 1,744 | $229 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive professional remodel in 2026, featuring a modern kitchen with quartz countertops and stainless steel appliances, fully renovated bathrooms with contemporary tile and fixtures, and new wide-plank flooring throughout. With a new roof and updated lighting, all major aesthetic and functional components are virtually new, meeting the criteria for excellent condition despite the 1972 original build date.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7291, living area = 1798.
Elementary School: Franklin Elementary School (9/10).
The property underwent a full renovation in 2026, including a new roof, modern flooring, and updated kitchen and bathrooms, providing a turnkey experience with significantly reduced immediate maintenance needs.
Despite the high-end surface renovations, the home's 1972 vintage may mean that some underlying structural or utility components are older than those found in modern constructions.
The 55+ community designation limits the potential buyer pool to a specific demographic, which can result in a narrower market and potentially longer resale timelines compared to non-restricted neighborhoods.
FULLY REMODELED 2-bedroom, 2-bath home with bonus room in Mesa. Renovated in 2026 with new flooring, new roof, updated kitchen, and remodeled bathrooms. Open-concept layout connects living, dining, and kitchen areas with recessed lighting and wide-plank flooring throughout. Kitchen features quartz countertops, modern cabinetry, stainless steel appliances, and breakfast bar seating. Spacious living area includes a floor-to-ceiling stone fireplace and large windows for natural light. Primary suite includes ensuite bath and sliding barn-style door. Bonus room offers flexible use as office, den, or additional sleeping space. Additional features include ceiling fans, updated lighting and indoor laundry area. Backyard space offers potential for outdoor seating or garden setup. Dreamland Villa in Mesa, Arizona is a vibrant 55+ community offering a variety of amenities, including: **Clubhouses: Read Hall with activity rooms, a library, fitness center, and ceramics studio; Farnsworth Hall for events, a performance theater, and game rooms. **Recreation Facilities:** Two heated outdoor pools, hot tubs, pickleball, tennis, and shuffleboard courts. Located 1.2 miles to Alta Mesa Golf Club, and shopping/dining options. Approx. 4-5 miles to Superstition Springs Center and 6-8 miles to Usery Mountain Regional Park with hiking and outdoor recreation.
No exterior & parking available.
Grades PK-6 • 1.6 mi
Grades PK-6 • 1.7 mi
Grades PK-6 • 1.7 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 | 1,798 | 1,553 | 66% |
| Lot Size | 7,291 | 7,543 | 29% |
| Price | $389.9K | $310.0K | 66% |
| Price per sq ft | $217 | $216 | 50% |
| Built year | 1972 | 1983 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 2231 | 1% |
Apr 14, 2026
$389,900
Initial Listing