
Mesa, AZ 85207
This property presents a High-Potential Investment Opportunity with a List Price of $700,000—positioned well below the $732,714 Fair Market Value by 4%. This valuation gap offers $32,714 in Instant Equity. Featuring a Poor Condition Rating due to dated 1984 finishes, the home offers significant value-add potential through cosmetic renovation. The expansive 1.14-acre lot, private pool, and versatile barn provide rare utility. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a project with substantial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8230 E MCDOWELL Road Subject 4 bd · 3 ba · 2,107 sqft · $327 | $650,000* List Price | 4 | 3 | 2,107 | $327 | - |
A 2442 N 76th Street Active 3 bd · 2 ba · 1,856 sqft · $388 · 1.0 mi | $720,000 List Price | 3 | 2 | 1,856 | $388 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1984 (40 years old) and appears to have mostly original finishes. The kitchen and laundry areas feature dated oak cabinetry, tile countertops, and worn vinyl flooring from the construction era. Based on the criteria for homes over 30 years old requiring significant rehab/updates to kitchens and systems, this property falls into the poor category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 49658, living area = 2107.
The property sits on over an acre of land and features a private pool and a versatile barn with a roller door, offering rare space and utility for the area.
With zero association fees, homeowners enjoy greater financial flexibility and the freedom to utilize their large lot without the constraints of a homeowners association.
The presence of traditional tile countertops and older flooring styles suggests the home may require cosmetic updates to align with modern buyer preferences.
Given the 1984 construction year, original systems and structural components may require inspection or replacement to ensure long-term reliability.
Generous living areas filled with natural light, featuring high ceilings and traditional tile flooring . Ample cabinet storage and tile countertops designed for easy meal preparation and everyday living. Three bathrooms and well-proportioned bedrooms offering privacy and relaxed comfort for family or guests. With an expansive lot. over an acre of land providing endless possibilities for outdoor living, extended parking, or custom additions. Don't miss the beautiful pool and barn with roller door. Exterior finished in low-maintenance stucco with a durable tile roof and an attached 2-car garage. Check out the night stars on the huge upstairs balcony.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,107 | 1,898.592 |
| Lot Size | 49,658 | 7,745.036 |
| Price | $650.0K | $485.3K |
| Price per sq ft | $308 | $264 |
| Built year | 1984 | 1995 |
| HOA | $0 | $174 |
| Days on market | 75 | 67 |
Sep 30, 2026
$650,000
$700,000
-7% Price Drop
Initial Listing
Aug 10, 2026
$700,000
Initial Listing