
Mesa, AZ 85205
This Updated 55+ Residence is a High-Potential Investment Opportunity, listed at $299,000—positioned well below the $366,325 Fair Market Value by 18%. This valuation gap provides $67,325 in Instant Equity. Boasting a Move-In Ready Condition Rating, the home features a brand-new roof, modernized kitchen, and mountain views from a spacious back patio. Located near the 9/10 rated Franklin Elementary, this property offers a low-maintenance lifestyle with voluntary amenities and no mandatory HOA. It is an exceptional find for Owner-Occupants seeking value or Buy-and-Hold Investors targeting the active adult market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 643 N 67TH Place Subject | $299,000* List Price | 2 | 2 | 1,185 | $309 | - |
A 6522 E ELLIS Street Sold | $321,000 | 2 | 2 | 1,118 | $287 | 0.4 mi |
B 6616 E DES MOINES Street Sold | $300,000 List Price | 2 | 2 | 1,195 | 0.2 mi | |
C 6631 E DALLAS Street Sold | $325,000 | 2 | 2 | 1,152 | $282 | 0.1 mi |
D 641 N 65TH Street Sold | $350,000 List Price | 2 | 2 | 1,211 | 0.3 mi | |
E 6505 E EL PASO Street Sold | $260,000 | 2 | 1 | 1,239 | $210 | 0.4 mi |
F 6305 E ADOBE Road Sold | $324,000 | 2 | 2 | 1,051 | $308 | 0.6 mi |
G 6522 E ADOBE Road Pending | $299,000 List Price | 2 | 2 | 1,231 | $243 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1974-built home is in move-in ready condition following significant recent updates. Key improvements include a brand-new roof, a modernized kitchen with contemporary cabinetry, stone countertops, and stainless steel appliances, as well as refreshed bathrooms with updated vanities and tiled showers. While the property retains its original 1970s architectural footprint and some standard finishes like carpeting, the major systems and aesthetic components have been well-maintained or replaced, meeting the criteria for a high-quality, turnkey residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7961, living area = 1185.
Elementary School: Franklin Elementary School (9/10).
The property features a brand-new roof and a fully upgraded kitchen with contemporary cabinets and appliances, providing significant value and reducing immediate maintenance concerns for the buyer.
Built in 1974, the home may have underlying aging infrastructure, such as original plumbing or electrical systems, that could require attention despite the recent cosmetic and roof upgrades.
At 1,185 square feet, the interior footprint is relatively small, which may be a limitation for buyers transitioning from larger homes who require more storage or expansive living spaces.
This charming two-bedroom, two-bathroom home in the peaceful Dreamland Villa 55+ community offers comfortable, low-maintenance living in east Mesa. The bright open layout features an upgraded kitchen with modern cabinets, countertops, and appliances, along with refreshed bathrooms that provide a fresh, contemporary feel. A brand-new roof adds significant peace of mind and value to this 1974-built residence of AT 1,185 square feet. Step outside to enjoy the large fenced yard, perfect for pets, gardening, or simply relaxing in the Arizona sun, plus a spacious back patio ideal for morning coffee or evening gatherings. There is no mandatory HOA, but a voluntary annual membership of about $270 grants access to wonderful community amenities including multiple pools and spas, pickleball and shuffleboard courts, bocce ball, exercise rooms, clubhouses with events and activities, and a safe, quiet neighborhood. Conveniently located near shopping, dining, medical facilities, trails, and freeways, this turnkey home is ready for you to enjoy the Dreamland Villa lifestyle
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 1.6 mi
Grades PK-6 • 2.4 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 | 1,185 | 1,542 | 16% |
| Lot Size | 7,961 | 7,639 | 61% |
| Price | $299.0K | $310.0K | 48% |
| Price per sq ft | $252 | $216 | 63% |
| Built year | 1974 | 1983 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 66 | 2231 | 1% |
Feb 15, 2026
$299,000
Initial Listing