6446 E TRAILRIDGE Circle 24, Mesa, AZ 85215, Mesa, 85215 - 4 bed, 3 bath
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Mesa, AZ 85215
This Exceptional Multigenerational Basement Home is a High-Potential Investment Opportunity, listed at $1,050,000—positioned well below the $1,646,913 Fair Market Value by 36%. This significant valuation gap offers $596,913 in Instant Equity. Featuring a Condition Score of 2 with a remodeled high-end kitchen, sparkling pool, and unobstructed mountain views, the property includes a private basement kitchenette and access to the 9/10 rated Franklin Elementary. This is a premier, high-equity acquisition for Luxury Home-Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6446 E TRAILRIDGE Circle 24 Subject | $999,999* List Price | 4 | 3 | 4,097 | $290 | - |
A 4055 N RECKER Road 62 Sold | $820,000 | 4 | 3 | 2,754 | $298 | 0.3 mi |
B 4223 N ST ELIAS -- Sold | $859,000 List Price | 4 | 3 | 2,840 | 0.6 mi | |
C 6446 E TRAILRIDGE Circle 92 Pending | $1,100,000 List Price | 5 | 4 | 3,879 | $284 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, including a high-end remodeled kitchen and a modern basement kitchenette with updated cabinetry and appliances. The interior features premium finishes such as high-gloss stone flooring, modern wood-look planks, updated recessed lighting, and contemporary ceiling fans. Despite the 1997 build date, the home presents as virtually new with no visible deferred maintenance and high-quality upgrades throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19824, living area = 4097.
Elementary School: Franklin Elementary School (9/10).
The basement layout includes a private kitchenette and separate laundry hookups on both levels, providing an ideal setup for extended family or long-term guests.
While the elementary school is well-rated, the assigned middle and high schools carry average ratings, which may be a consideration for education-focused buyers.
Built in 1997, the home may require updates to original systems or non-remodeled areas to align with the efficiency and style of the newly updated kitchen.
Discover luxury living on the Red Mountain Golf Course. This rare basement home, just 5 miles from the Salt River, offers breathtaking mountain and sunset views on a sprawling half-acre lot. The main level features a remodeled chef's kitchen with high-end finishes, formal dining, and a wet bar. The lower level is a perfect multigenerational suite, complete with its own kitchenette and separate laundry hookups on both floors. Outside, enjoy the ultimate Arizona lifestyle with a sparkling pool, spa, and expansive yard with room to grow. From the picture-window breakfast nook to the unforgettable desert vistas, this home is a desert masterpiece. Highlight: $5,000 lender incentive available for qualified buyers. Experience this exceptional estate today!
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades PK-6 • 7.2 mi
Grades K-6 • 8.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 4,097 | 1,907 | 91% |
| Lot Size | 19,824 | 7,168 | 91% |
| Price | $1000.0K | $0 | 94% |
| Price per sq ft | $244 | $0 | 57% |
| Built year | 1997 | 1995 | 62% |
| HOA | $612 | $249 | 85% |
| Days on market | 64 | 2482 | 2% |
May 4, 2026
$999,999
$1,025,000
-2% Price Drop
Initial Listing
Apr 24, 2026
$1,025,000
$1,050,000
-2% Price Drop
Initial Listing
Apr 3, 2026
$1,050,000
Initial Listing