
Mesa, AZ 85212
This Spacious Modern Residence is a Strong Value Opportunity, listed at $890,000—positioned well below the $943,936 Fair Market Value by 5%. This valuation gap offers $53,936 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the 4,149-square-foot layout features a Custom Kitchen, Main-Level Primary Suite, and a Luxury Outdoor Spa on a prime corner lot. Located in the prestigious Morrison Ranch with access to Top-Rated Gilbert Schools, it perfectly balances lifestyle luxury with financial logic. This is an ideal acquisition for Growing Families or Owner-Occupants seeking a high-equity, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7260 E PORTOBELLO Avenue Subject | $865,000* List Price | 6 | 4 | 4,149 | $221 | - |
A 7946 E PORTOBELLO Avenue Sold | $628,000 List Price | 5 | 4 | 3,020 | 0.9 mi | |
B 7364 E PLATA Avenue Pending | $749,000 List Price | 4 | 4 | 3,414 | $219 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property is less than 10 years old and meets the criteria for excellent condition. The home features modern, high-end upgrades including a custom kitchen with premium woodwork, a contemporary media wall with an electric fireplace, and energy-efficient systems like a tankless gas water heater. The interior and exterior, including the professional landscaping and luxury spa, appear meticulously maintained with no signs of deferred maintenance or physical depreciation.
With 4,149 square feet, six bedrooms, and a primary suite on the main level, this floor plan offers exceptional flexibility for large families or multi-generational living arrangements.
Situated in the highly sought-after Morrison Ranch on a prime corner lot next to a park, the property provides access to top-rated Gilbert schools while benefiting from lower Mesa property taxes.
The home features significant modern upgrades including a custom media wall with an electric fireplace, a tankless gas water heater, and a luxury outdoor spa with built-in speakers.
The large 4,149 square foot home occupies a significant portion of the 7,788 square foot lot, resulting in a smaller backyard footprint compared to the overall scale of the house.
While convenient, the home's position on a corner lot directly adjacent to a community park and playground may lead to increased foot traffic and noise levels.
Priced below current area comparables -- exceptional value! Welcome to this BEAUTIFUL ONE in the highly sought-after Morrison Ranch community - one of the East Valley's most desirable neighborhoods known for its tree-lined streets, parks & welcoming atmosphere. This spacious, newer home offers a flexible floor plan with 6 beds & 4 baths, including a primary suite on the main level. The open-concept living area is designed for everyday comfort and entertaining, featuring a large family room, a beautifully upgraded kitchen with custom woodwork, and a striking media wall with a Dimplex electric fireplace and surround sound. In addition to the main living spaces, the home includes two versatile bonus rooms and a pocket office, giving you plenty of room for work, hobbies, or a playroom Step outside to a backyard designed for Arizona living. The space features extensive pavers, artificial turf, a shaded pergola, and a luxury spa with built-in speakers--perfect for relaxing evenings or entertaining guests. The home sits on a prime corner lot next to a community park and playground, adding both privacy and convenience. Energy efficiency and smart features are another highlight, including a tankless gas water heater, water softener, gutters, and an owned Ring security system for added peace of mind. Located within highly rated Gilbert schools while benefiting from lower Mesa taxes, this home also provides easy access to shopping, dining, and major freeways, making commuting around the Valley simple. Homes in Morrison Ranch are always in demand, and this one offers the space, upgrades, and location buyers are looking for.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 98% |
| Baths | 4.0 | 3.0 | 79% |
| Square foot | 4,149 | 2,263 | 96% |
| Lot Size | 7,788 | 7,200 | 61% |
| Price | $865.0K | $499.5K | 96% |
| Price per sq ft | $208 | $231 | 39% |
| Built year | 2016 | 2014 | 56% |
| HOA | $95 | $123 | 29% |
| Days on market | 45 | 1384 | 0% |
Apr 14, 2026
$865,000
$890,000
-3% Price Drop
Initial Listing
Mar 8, 2026
$890,000
Initial Listing