
Mesa, AZ 85205
This Versatile Development-Ready Residence is listed at $425,000, representing a stable market entry positioned near its $410,052 Fair Market Value. The property features a well-maintained 2-bedroom, 1-bathroom interior with a Condition Rating of 4, but the primary value lies in the expansive 17,743 sqft lot featuring an RV gate and No HOA. Boasting mountain views and proximity to the 9/10 rated Franklin Elementary, the oversized lot provides significant potential for a guest house or home expansion. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking land-use flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6635 E PRINCESS Drive Subject | $425,000* List Price | 2 | 1 | 1,363 | $301 | - |
A 1913 N 66TH Street Sold | $513,000 | 3 | 2 | 1,866 | $275 | 0.7 mi |
B 1342 N 61ST Place Active | $480,000 List Price | 3 | 2 | 1,474 | $326 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready, but it retains many dated features consistent with a 'fair' rating for a 1958 build. While clean and functional, the kitchen features older white appliances and painted cabinetry, and the interior includes popcorn ceilings and basic tile flooring. The single bathroom also shows signs of being aged rather than recently renovated. It serves as a solid turnkey rental or starter home but requires cosmetic updates to meet modern aesthetic standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17743, living area = 1363.
Elementary School: Franklin Elementary School (9/10).
The massive 17,743 sqft lot features an RV gate and no HOA restrictions, providing unparalleled freedom for equipment storage, recreational vehicles, or constructing a guest house.
The 2-bedroom, 1-bathroom layout may be restrictive for larger families or buyers seeking a master suite, potentially narrowing the pool of interested purchasers.
Originally built in 1958, the property may require future capital improvements to aging systems or structural elements common in homes of this era, despite its well-maintained status.
Opportunity meets versatility! Situated on an expansive 17,743 sqft lot with an RV gate and NO HOA! This well maintained 2-bedroom, 1-bath home with carport and storage offers excellent potential for homeowners and investors alike. The oversized lot provides ample space for equipment storage, recreational vehicles, or adding a guest house or secondary dwelling, and room to expand the existing home. Inside, the home has been well cared for and offers comfortable living ready for immediate occupancy or rental. Ideal for first-time buyers or investors, this property presents a turnkey opportunity. Conveniently located near top-rated schools, shopping, and dining, with easy access to outdoor recreation including the Salt River, Saguaro Lake, and Usery Mountain Regional Park.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades PK-6 • 4.0 mi
Grades K-6 • 6.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 1,363 | 1,542 | 34% |
| Lot Size | 17,743 | 7,639 | 94% |
| Price | $425.0K | $310.0K | 77% |
| Price per sq ft | $312 | $216 | 91% |
| Built year | 1958 | 1983 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 2231 | 1% |
Mar 24, 2026
$425,000
Initial Listing