
Mesa, AZ 85215
This Spacious Value-Add Residence is a Strong Value Opportunity listed at $615,000, positioned below the $620,209 Fair Market Value by 1%. The property offers $5,209 in Instant Equity with significant appreciation potential through modernization of its Condition Rating 4 interior. Featuring a massive 31,403 sq. ft. lot with No HOA, a separate workshop, and access to the 9/10 rated Franklin Elementary, this home balances lifestyle freedom with financial upside. It is an ideal acquisition for Owner-Occupants seeking a customizable estate or Value-Add Investors looking to capitalize on Northeast Mesa's high demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6526 E HOLLY Drive Subject | $615,000* List Price | 4 | 2 | 1,903 | $326 | - |
A 6655 E RUSTIC Drive Sold | $485,000 | 2 | 2 | 1,460 | $332 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, the home is functional and move-in ready but significantly dated. While the kitchen and some flooring show signs of past renovations (likely 20+ years ago), the presence of popcorn ceilings, older aluminum-frame windows, and aged cabinetry indicates the property is due for cosmetic and system updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31403, living area = 1903.
Elementary School: Franklin Elementary School (9/10).
The property sits on a massive 31,000+ sq ft lot with no HOA restrictions, offering rare freedom for RV storage, trailers, and the potential to build a custom backyard oasis in Northeast Mesa.
Built in 1961, the home may require significant capital investment to modernize its aesthetic finishes and update aging mechanical systems to meet current energy efficiency standards.
While the property has access to high-rated elementary schools, the local middle school (Shepherd Junior High) carries a lower rating of 5/10, which may be a concern for education-focused buyers.
4-bedroom home on a sprawling 31,000+ sq ft lot in highly desirable Northeast Mesa--offering NO HOA and endless possibilities! This property provides ample space for RVs, trailers, toys, and more. Inside, you'll find a functional layout with two spacious living areas--perfect for everyday living and entertaining. The kitchen offers ample cabinetry, generous counter space, and includes all appliances. Enjoy Arizona living with multiple outdoor spaces, including two covered patios and a screened-in patio, ideal for relaxing or hosting guests. The expansive lot offers room to create your dream backyard oasis. Additional highlights include a 2-car garage and a separate workshop area, providing flexibility for storage, hobbies, or projects. Don't miss this opportunity to make it you
No exterior & parking available.
Grades PK-6 • 1.8 mi
Grades PK-6 • 5.0 mi
Grades K-6 • 7.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,903 | 1,905 | 50% |
| Lot Size | 31,403 | 7,705.5 | 97% |
| Price | $615.0K | $429.2K | 76% |
| Price per sq ft | $323 | $225 | 88% |
| Built year | 1961 | 1994 | 1% |
| HOA | $0 | $100 | 38% |
| Days on market | 13 | 2147 | 1% |
Apr 9, 2026
$615,000
Initial Listing