8756 E LOBO Avenue, Mesa, AZ 85209, Mesa, 85209 - 3 bed, 3 bath
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Mesa, AZ 85209
This Renovated Gated Community Residence represents a High-Potential Investment Opportunity, listed at $464,000—positioned well below the $525,523 Fair Market Value by 11%. This significant valuation gap provides $61,523 in Instant Equity. Boasting a Condition Rating of 2, the interior features quartz countertops and premium cabinetry, while the exterior offers a private heated pool with a travertine deck. Located in Barrington Estates near Desert Ridge High, this turnkey home is an elite 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 |
|---|---|---|---|---|---|---|
★ 8756 E LOBO Avenue Subject | $459,900* List Price | 3 | 3 | 1,989 | $261 | - |
A 8737 E LAGUNA AZUL Avenue Sold | $449,000 | 3 | 3 | 2,090 | $215 | 0.0 mi |
B 8550 E LAKEVIEW Avenue Sold | $429,000 | 3 | 2 | 1,509 | $284 | 0.3 mi |
C 2333 S 87TH Place Sold | $338,500 | 3 | 2 | 1,306 | $259 | 0.0 mi |
D 8550 E LAKEVIEW Avenue Sold | $429,000 | 3 | 2 | 1,509 | $284 | 0.3 mi |
E 8739 E NATAL Circle Sold | $405,000 | 3 | 2 | 1,396 | $290 | 0.4 mi |
F 8640 E NARANJA Avenue Active | $484,999 List Price | 3 | 2 | 1,868 | $260 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2001, the property has undergone a comprehensive high-end renovation within the last 5 years. Features include a modernized kitchen with quartz countertops and upgraded cabinetry, fully updated bathrooms with contemporary subway tile and fixtures, and new laminate/tile flooring. The exterior and pool area with travertine decking also reflect mint, move-in-ready condition.
The home features a modern, light-filled kitchen with quartz countertops and upgraded cabinetry, offering a move-in-ready aesthetic and high functional value.
A standout feature at this price point, the backyard includes a private heated pool with a high-end travertine deck, perfect for year-round outdoor living.
Located within the Barrington Estates gated community, the property offers enhanced privacy, security, and well-maintained surroundings with lush landscaping.
With a lot size of 4,244 sqft, the outdoor space is relatively small for a nearly 2,000 sqft home, which may feel restrictive for those seeking a large yard.
The assigned elementary and high schools carry a rating of 4/10, which could be a consideration for families prioritizing top-tier educational districts.
Charming curb appeal with low-maintenance artificial turf and a full 2-car garage set the tone for this beautifully updated home. Light and bright throughout, the interior features upgraded kitchen cabinetry, quartz countertops and a highly functional floor plan with laminate and tile in all the right places. Offering 3 spacious bedrooms, this home is tucked within a well-maintained gated community with lush trees and inviting surroundings. Step outside to your private heated pool with a travertine deck, perfect for relaxing or entertaining. A rare opportunity to find this level of upgrades, amenities, and value all in one property.
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades 7-8 • 1.9 mi
Grades 8-12 • 1.6 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 | 69% |
| Square foot | 1,989 | 1,892 | 52% |
| Lot Size | 4,244 | 6,547 | 4% |
| Price | $459.9K | $338.5K | 75% |
| Price per sq ft | $231 | $169 | 63% |
| Built year | 2001 | 1998 | 69% |
| HOA | $249 | $125 | 72% |
| Days on market | 53 | 2661 | 1% |
May 15, 2026
$459,900
$464,000
-1% Price Drop
Initial Listing
Apr 23, 2026
$464,000
Initial Listing