729 S EDGEWATER Drive, Mesa, AZ 85208, Mesa, 85208 - 3 bed, 3 bath
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Mesa, AZ 85208
This Spacious Golf Course Residence is a High-Potential Investment Opportunity, listed at $459,900—positioned well below the $539,768 Fair Market Value by 14%. This significant valuation gap provides $79,868 in Instant Equity. Maintaining a Good Condition Rating, the 2,342-square-foot home features a pristine kitchen, wood-look tile flooring, and a covered patio with golf course views. With No HOA Restrictions and proximity to the 9/10 rated Franklin Elementary School, this property perfectly balances lifestyle and equity. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 729 S EDGEWATER Drive Subject | $459,900* List Price | 3 | 3 | 2,342 | $230 | - |
A 608 S Revolta Circle Sold | $490,000 | 3 | 3 | 2,342 | $209 | 0.1 mi |
B 7418 E FARMDALE Avenue Sold | $403,000 | 4 | 3 | 2,500 | $161 | 0.6 mi |
C 7410 E EDGEWOOD Avenue Sold | $375,000 List Price | 2 | 2 | 2,480 | 0.6 mi | |
D 7229 E EDGEWOOD Avenue Sold | $430,000 | 2 | 2 | 2,214 | $194 | 0.4 mi |
E 701 S CLEARVIEW Avenue Active | $489,500 List Price | 3 | 2 | 2,049 | $239 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and appears very well-maintained. While the home was built in 1962, it features significant updates including modern wood-look tile flooring throughout the main living areas and a neutral interior paint scheme. The kitchen, described as pristine, features Corian countertops and a tile backsplash; however, the white appliances and cabinetry style are somewhat dated. The bathrooms are functional and clean but reflect older design trends. Overall, the home shows minimal wear and tear and does not require immediate renovation, fitting the criteria for a 'good' condition score.
Elementary School: Franklin Elementary School (9/10).
With 2,342 square feet and a rare three-bathroom configuration for a three-bedroom home, this property offers significantly more interior volume and functional convenience than typical residences in the area.
The property features a $0 association fee, providing homeowners with greater financial freedom and the flexibility to personalize their property without the oversight of a homeowners association.
Built in 1962, the property may require updates to aging mechanical, electrical, or plumbing systems that are common in homes of this era to meet modern efficiency standards.
While some nearby specialty schools are highly rated, the local assigned public middle and high schools carry average ratings, which may be a factor for education-focused buyers.
Discover this charming 3-bed/3-bath home in Apache Country Club Estates! Inside, you'll be greeted with sizable living spaces perfect for entertaining and relaxation, featuring tile floors, tons of natural light, a brick fireplace to ensure cozy winter evenings, and an earthy palette that creates a warm and welcoming ambiance throughout. Whip up your signature dishes in the pristine kitchen, equipped with ample cabinetry, tile backsplash, Corian countertops, a pantry, and built-in appliances. Get a good night's rest in the primary retreat, offering a full bathroom and a practical walk-in closet. The backyard is complete with a covered patio perfect for morning coffee and plenty of space for outdoor fun! What's not to love? Make it yours!
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades K-6 • 1.9 mi
Grades PK-6 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 2,342 | 1,581 | 90% |
| Lot Size | 8,024 | 7,365 | 58% |
| Price | $459.9K | $356.5K | 86% |
| Price per sq ft | $196 | $219 | 44% |
| Built year | 1962 | 1997 | 7% |
| HOA | $0 | $99 | 26% |
| Days on market | 27 | 2280 | 1% |
Mar 26, 2026
$459,900
Initial Listing