
Mesa, AZ 85207
This Luxury Multi-Dwelling Estate is a Strong Value Opportunity, listed at $2,250,000—positioned well below the $2,348,316 Fair Market Value by 4%. This valuation gap offers $98,316 in Instant Equity. Boasting a Mint Condition Rating, the property features a main residence plus a 2,155 sq ft detached guest house, a resort-style grotto pool, and unobstructed mountain views. With no HOA and proximity to the top-rated Franklin Elementary (9/10), it offers unparalleled lifestyle flexibility. This is an elite acquisition for Multi-Generational Families or Luxury Short-Term Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8236 E HERMOSA VISTA Drive Subject | $2,250,000* List Price | 8 | 7 | 5,886 | $399 | - |
A 8315 E PALM Lane Active | $1,792,000 List Price | 6 | 3 | 5,539 | $324 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property is under 10 years old and presents in mint condition. The kitchen and bathrooms feature modern finishes including granite/quartz countertops and contemporary cabinetry. Systems are high-end and well-maintained, featuring spray foam insulation and a brand-new well motor replaced in 2024.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47849, living area = 5886.
Elementary School: Franklin Elementary School (9/10).
The property features a massive 2,155 sq ft detached guest house with its own 3-car drive-through garage, providing rare flexibility for multi-generational living or significant rental income potential.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5886, other record living area = 3786.
While the elementary schools are highly rated, the assigned middle and high schools carry lower ratings (5/10 and 6/10), which may be a concern for families prioritizing long-term educational consistency.
At a $2.25M valuation, the property occupies a premium segment of the Mesa market, which may result in a more limited pool of qualified buyers and longer absorption time.
Hermosa Vista living with no HOA, designed for flexibility, lifestyle, and income potential. This rare multi-dwelling estate features a 3,786 sq ft main residence with 5 beds and 4 baths, plus a 2,155 sq ft detached guest house. The main residence offers a thoughtfully designed two-story layout with expansive living spaces, shutters, and surround sound throughout including front and back patios, creating seamless indoor-outdoor flow. The kitchen is well-appointed with Frigidaire appliances, gas range, electric oven, granite and quartz countertops, walk-in pantry, and pass-through window to the backyard. Upstairs includes a junior suite, jack and jack bath, and a spacious primary suite with private balcony. The home also features built-out closets, with most offering walk-in layouts. The detached guest house offers a primary suite, junior suite, flexible office/bedroom, and 2.5 bathrooms, along with a 4-panel stackable sliding glass wall, gas range, and its own 3-car drive-through garage. Both garages are extra deep and include extended workshop space, offering added functionality for storage, hobbies, or recreational vehicles. Outdoors, the resort-style backyard is designed for enjoyment with a grotto pool (8.5 ft depth), baja step, ramada, turf, built-in trampoline, horseshoe pit, roll-down patio shades, hot tub, and more. Additional highlights include drive-through garages, RV access, spray foam insulation, central vac, water softener, and a $10k well motor replaced in 2024. Whether you're looking for a private retreat, a luxury vacation rental, or a functional multi-dwelling estate, this property offers unparalleled flexibility and revenue potential.
No exterior & parking available.
Grades K-6 • 1.7 mi
Grades PK-6 • 6.2 mi
Grades K-6 • 9.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 3.0 | 99% |
| Baths | 7.0 | 3.0 | 99% |
| Square foot | 5,886 | 2,106 | 99% |
| Lot Size | 47,849 | 8,852 | 99% |
| Price | $2.25M | $344.0K | 99% |
| Price per sq ft | $382 | $235 | 96% |
| Built year | 2016 | 2000 | 91% |
| HOA | $0 | $127 | 27% |
| Days on market | 52 | 2826 | 1% |
Apr 23, 2026
$2,250,000
Initial Listing