7703 E HERMOSA VISTA Drive, Mesa, AZ 85207, Mesa, 85207 - 4 bed, 3 bath
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Mesa, AZ 85207
This property represents a High-Potential Investment Opportunity, listed at a List Price of $740,000—positioned well above the $648,234 Fair Market Value by -14%. Featuring a Fair Condition Rating, the home offers a massive 36x50 detached workshop and a 18,295 sqft lot with no HOA, providing significant utility for professional projects. While the interior requires cosmetic updates to address worn flooring and DIY-style finishes, the property is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project with substantial storage capacity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7703 E HERMOSA VISTA Drive Subject | $740,000* List Price | 4 | 3 | 2,254 | $288 | - |
A 7860 E MAWSON Road Active Under Contract | $660,000 List Price | 3 | 2 | 2,450 | $269 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986 (38 years old). While the kitchen has been updated with granite countertops and built-in appliances, the overall property falls into the 'Fair' category due to its age and inconsistent condition. The interior features highly specific, heavy-handed DIY-style stone and tile work that may require removal, and the bedroom flooring in the images appears significantly worn, damaged, or unfinished, necessitating repairs and cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18295, living area = 2254.
The property features a substantial 36x50 detached shop, providing 1,800 square feet of versatile space ideal for professional projects, extensive vehicle storage, or a home business.
Situated on nearly half an acre with no association fees, this home offers rare freedom for RV parking, toy storage, and property customization without restrictive oversight.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =18295, other record lot size in square feet = 18558. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2254, other record living area = 1531.
Despite the large workshop, the primary residence utilizes a carport rather than a traditional attached garage, which may be a drawback for buyers seeking enclosed daily-driver parking.
Built in 1986, the home may require closer inspection of original major systems such as roofing or plumbing to ensure they meet modern efficiency and safety standards.
Don't miss this one! 1/2 acre lot with a 36x50 detached shop! This fantastic single-story home offers the perfect blend of space, unique charm, and comfort, featuring sizable living areas with wood-look flooring with a taste of tile, vaulted ceilings promoting a feeling of openness, elegantly tiled walls, wood-look paneling & stone accents that add character throughout, dramatic light fixtures, lots of natural light, and a rich earthy palette that creates a warm and welcoming ambiance. The dining room boasts a fireplace perfect for winter evenings, while the kitchen features spacious cabinetry, granite countertops, and built-in appliances for a seamless cooking experience. The main suite is a true retreat, offering a bathroom and a walk-in closet with attached organizers for added convenience. Out back, you'll have a cozy covered patio ideal for morning coffee, with a serene landscape of artificial grass. Huge 36x50 detached building/workshop waiting for your projects, that is correct a 36x50 shop! Providing tons of storage, plus a large carport/shaded parking space for all your toys. Hurry up and check it out!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 58% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,254 | 2,106 | 60% |
| Lot Size | 18,295 | 8,852 | 93% |
| Price | $740.0K | $344.0K | 84% |
| Price per sq ft | $328 | $235 | 85% |
| Built year | 1986 | 2000 | 17% |
| HOA | $0 | $127 | 27% |
| Days on market | 20 | 2826 | 1% |
May 25, 2026
$740,000
Initial Listing