774 LEISURE WORLD --, Mesa, AZ 85206, Mesa, 85206 - 2 bed, 2 bath
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Mesa, AZ 85206
This Value-Add Active Adult Residence is listed at $279,900 against a $195,967 Fair Market Value, with the price reflecting the significant renovation required to reach the community's peak valuation. Currently holding a Condition Rating of 5, the home requires comprehensive interior improvements but features essential Infrastructure Upgrades including a 2018 HVAC and 2015 Roof. Residents enjoy elite Leisure World amenities like 36 holes of golf and proximity to the 9/10 rated Franklin at Brimhall Elementary. This project offers significant ROI potential for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 774 LEISURE WORLD -- Subject | $279,900* List Price | 2 | 2 | 1,331 | $147 | - |
A 965 LEISURE WORLD Boulevard Sold | $345,000 | 2 | 2 | 1,302 | $265 | 0.4 mi |
B 1130 LEISURE WORLD -- Sold | $350,000 List Price | 2 | 2 | 1,478 | 0.7 mi | |
C 839 LEISURE WORLD -- Sold | $250,000 | 2 | 2 | 1,017 | $246 | 0.1 mi |
D 1040 LEISURE WORLD -- Sold | $285,000 | 2 | 2 | 1,102 | $259 | 0.5 mi |
E 1767 LEISURE WORLD -- Sold | $235,000 | 2 | 2 | 1,374 | $171 | 0.7 mi |
F 2698 LEISURE WORLD -- Sold | $320,000 | 3 | 2 | 1,404 | $228 | 0.5 mi |
G 1063 LEISURE WORLD -- Active | $339,900 List Price | 2 | 2 | 1,504 | $226 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 and largely original, the home requires significant interior rehab. While the HVAC (2018) and roof (2015) are updated, the kitchen and bathrooms are severely dated, and images show visible wall/drywall damage in the bathroom. The listing explicitly states the home 'needs improvements throughout.'
Elementary School: Franklin at Brimhall Elementary School (9/10).
Located in the premier Leisure World active adult community, residents have access to extensive facilities including 36 holes of golf, tennis, pickleball, and a state-of-the-art fitness center.
The property features a newer HVAC system installed in 2018 and a roof replaced in 2015, providing peace of mind regarding major mechanical and structural components.
The property requires improvements throughout, indicating that a buyer will need to invest additional capital and time into renovations and modernization.
Built in 1977, the home may feature original finishes or a layout that feels dated compared to newer builds in the Mesa area.
Welcome to this 2 Bedroom, 2 Bathroom, 2 Car Garage Oakridge Model home in the Active Adult Resort Style Community of Leisure World. The inviting pavered front patio is a very welcome entry...so peaceful and private, great for entertaining! The home needs improvements throughout. The back patio is nice and full length! New HVAC 2018, New Roof 2015. Leisure World offers 36 holes of private golf, tennis complex, pickleball, swimming pools, library, state of the art fitness center, theater, arts and crafts, billiard room, & much more!
No exterior & parking available.
Grades PK-6 • 1.6 mi
Grades PK-6 • 2.3 mi
Grades K-6 • 6.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 46% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,331 | 1,672 | 20% |
| Lot Size | 6,829 | 7,021 | 41% |
| Price | $279.9K | $277.0K | 50% |
| Price per sq ft | $210 | $181 | 56% |
| Built year | 1977 | 1984 | 11% |
| HOA | $370 | $298 | 66% |
| Days on market | 13 | 2156 | 1% |
Apr 9, 2026
$279,900
Initial Listing