
Mesa, AZ 85215
This property presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned well below the $540,697 Fair Market Value by 2%. This valuation gap offers $15,697 in Instant Equity for buyers. With a Condition Rating of 4, the home requires cosmetic updates, yet features a massive 11,770 sq ft lot and mountain views. Located near top-rated schools like Franklin at Brimhall, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6346 E CAMELOT Drive Subject | $525,000* List Price | 3 | 3 | 2,651 | $204 | - |
A 6554 E NORA Circle Sold | $475,000 | 4 | 2 | 1,989 | $239 | 0.3 mi |
B 2431 N RUGBY -- Sold | $518,000 | 3 | 2 | 2,074 | $250 | 0.4 mi |
C 3034 N RICARDO -- Pending | $575,000 List Price | 4 | 3 | 2,365 | $243 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, this 37-year-old property is fundamentally dated. While it features some newer tile flooring and paint, the kitchen and bathrooms remain largely original with painted oak cabinets, fluorescent light boxes, and older appliances. The listing's 'as-is' condition and call for 'vision' indicate a need for cosmetic updates and minor repairs to reach modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11770, living area = 2651.
Elementary School: Franklin at Brimhall Elementary School (9/10).
Situated in the desirable Red Mountain area of NE Mesa, the property offers mountain views and immediate proximity to Usery Mountain Regional Park and the Salt River.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11770, other record lot size in square feet = 11602.
The property is being sold in as-is condition, which will require the buyer to budget for immediate repairs and cosmetic updates to bring it to modern standards.
Built in 1987, the home likely requires modernization of major systems and finishes to compete with newer or fully remodeled residences in the area.
Opportunity knocks in the sought-after Red Mountain area of NE Mesa! This 3-bed, 2.5-bath home sits on a generous 11,000 sq ft lot and is priced to sell in as-is condition -- a great chance for buyers or investors to add their own touches and build instant equity. Inside, soaring vaulted ceilings create an open, airy feel, complemented by easy-care tile flooring throughout. Surrounded by mountain views and minutes from Usery Mountain Regional Park, the Salt River, and Las Sendas, with quick Loop 202 access for an easy commute. Hiking, golf, dining, and shopping all close by. Bring your vision and make it your own!
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades PK-6 • 5.4 mi
Grades K-6 • 7.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 2,651 | 1,907 | 79% |
| Lot Size | 11,770 | 7,168 | 77% |
| Price | $525.0K | $0 | 68% |
| Price per sq ft | $198 | $0 | 53% |
| Built year | 1987 | 1994 | 9% |
| HOA | $0 | $249 | 30% |
| Days on market | 11 | 2482 | 2% |
May 26, 2026
$525,000
Initial Listing