7131 E Indigo Street, Mesa, AZ 85207, Mesa, 85207 - 4 bed, 5 bath
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7131 E Indigo Street
Mesa, AZ 85207
ACTIVE
CONDITION: GOOD
4Beds
5Baths
2,671Sq Ft
43,647Lot Size
Property Price
LIST PRICE$1,150,000
EST. MARKET VALUE
$1,075,991
6% AboveMARKET VALUE
SUMMARY
This Hybrid Income-Generating Asset is listed at $1,150,000, positioned slightly above the $1,075,992 Fair Market Value. Despite the premium, the property offers exceptional utility through its permitted 880 sqft Casita, 400amp electrical service, and new 2021 roof. With a Good Condition Rating, this no-HOA property features a private pool, mountain views, and an expansive 43,647 sqft lot with full RV amenities. This versatile estate is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living or supplemental rental income.
Estimated Market Value
$1,075,991
Based on Realkey algorithm analyzing recent comparable sales in Mesa.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004 (20 years old), the property is very well-maintained and move-in ready. It features significant system upgrades including a new roof (2021), 400amp electrical service, and a permitted casita from 2014. While the kitchen and baths are functional with granite and stainless appliances, the cabinetry and tile reflect the original 20-year age, placing it firmly in the 'Good' category rather than 'Excellent'.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43647, living area = 2671.
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Income-Generating Casita
The property features a permitted 880 sqft separate Casita with its own automated gate and private entrance, offering exceptional versatility for rental income, multi-generational living, or a guest suite.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
At a $1.15M price point, the 3-bedroom configuration may be perceived as low for families or buyers expecting more sleeping quarters within this luxury bracket.
- Average School Ratings
The assigned local public schools currently hold average ratings (5-6/10), which could be a drawback for families prioritizing top-tier educational districts.
About 7131 E Indigo Street
INCOME GENERATING PROPERTY! One of a kind custom built home.1 acre with no HOA. The builder built this home as their forever home with no expenses spared. The property boast a 880sq ft separate fully equipped & permitted Casita built in 2014 with a private entrance thru its own automated gate. The craftsmanship of this home really shows with everything built well beyond code. Unique features include:400amp main service, 100amp sub with 220V at garage & Casita, RV gate, parking & dump, newer pool heater, upgraded PVC irrigation, new roof 2021,new Pentair automated pool system, private corner lot yard, 26ft deep garage. Casita makes for great rental income, in-law suite or Airbnb the entire property. This property sits adjacent to very lightly traveled roads. Don't miss this rare opportunity
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 43,647 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Mesa Unified Schools
Falcon Hill Elementary School
Grades PK-6 • 0.2 mi
5/10
Franklin at Brimhall Elementary School
Grades PK-6 • 4.6 mi
9/10
Franklin Elementary School
Grades K-6 • 7.5 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 2,671 | 1,898.592 |
| Lot Size | 43,647 | 7,745.036 |
| Price | $1.15M | $485.3K |
| Price per sq ft | $431 | $264 |
| Built year | 2004 | 1995 |
| HOA | $0 | $174 |
| Days on market | 15 | 67 |
Pricing History
Listed for Sale
Oct 9, 2026
$1,150,000
Initial Listing