
Mesa, AZ 85206
This Strong Value Opportunity is listed at $224,900, positioned above the $209,224 Fair Market Value. While priced slightly above market, the property offers a proven track record as a vacation rental, making it a Buy-and-Hold Investor asset. Featuring a Condition Rating of 4, this turnkey, ground-floor unit includes furnishings and a desirable mountain view. Its prime location in an active adult community ensures consistent demand, making it an ideal acquisition for seasonal residents or investors seeking a low-maintenance, income-generating property.
Property is moderate renovation needed.
Built in 1977, the property is well-maintained and described as turnkey, but the kitchen and bathroom are dated with older cabinetry, laminate countertops, and white appliances. While functional, the finishes and systems appear to be over 20 years old without a recent major renovation.
The property is sold fully furnished and has a proven track record as a successful vacation rental, offering immediate move-in readiness and instant income potential for investors.
As a rare ground-floor unit in an active adult community, this condo provides easy, stair-free access which is a highly desirable feature for the target demographic.
Situated in a desirable golf course community with mountain views and quick access to the US-60, the property combines scenic beauty with urban convenience.
At only 672 square feet with a single bedroom, the compact living space may limit appeal for buyers requiring a home office or additional storage.
Built in 1977, the property may have aging mechanical systems or infrastructure that could require more frequent maintenance compared to newer builds.
Rare ground-floor opportunity in a desirable active adult golf course community! This turnkey 1-bedroom, 1-bath condo comes fully furnished and includes everything you need--furnishings, linens, dishes, décor, and more. Previously operated as a successful vacation rental with strong rental activity, making it a great seasonal retreat or full-time residence. Enjoy the convenience of an inside stackable washer and dryer, plus the refrigerator, washer, and dryer are all included in the sale. The spacious floor plan features attractive laminate flooring throughout the main living areas, cozy carpet in the bedroom, ceiling fans, and a front patio perfect for relaxing outdoors. Additional highlights include an exterior storage unit, community BBQ and seating area, and a prime locat close to golf, shopping, dining, and easy access to the US-60 freeway. Move-in ready and packed with value!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 672 | - |
| Lot Size | 853 | - |
| Price | $224.9K | $252.6K |
| Price per sq ft | $335 | $211 |
| Built year | 1977 | 0 |
| HOA | $325 | $0 |
| Days on market | 38 | 2789 |
Jun 15, 2026
$224,900
Initial Listing