
Mesa, AZ 85207
This Stunning Move-In Ready Home is listed at $827,000, reflecting a stable market position relative to its $815,361 Fair Market Value. While priced slightly above the current estimate, the property offers a premium lifestyle in the gated Madrid community. Featuring a Granite Kitchen, private pool and spa, and stunning mountain views, the home maintains a Fair Condition Rating with significant long-term appeal. Proximity to Franklin Elementary (9/10) adds educational value, making this an ideal sanctuary for growing families or discerning owner-occupants seeking a resort-style retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8851 E NORWOOD Street Subject 4 bd · 3 ba · 2,780 sqft · $293 | $827,000* List Price | 4 | 3 | 2,780 | $293 | - |
A 2649 N LAYTON Circle Sold 3 bd · 3 ba · 3,005 sqft · $349 · 0.1 mi | $1,050,000 | 3 | 3 | 3,005 | $349 | 0.1 mi |
B 8751 E MENLO Circle Sold 4 bd · 4 ba · 3,711 sqft · $260 · 0.2 mi | $965,000 | 4 | 4 | 3,711 | $260 | 0.2 mi |
C 2743 N CABOT Circle Sold 4 bd · 3 ba · 2,903 sqft · 0.7 mi | $900,000 List Price | 4 | 3 | 2,903 | 0.7 mi | |
D 8445 E CULVER Street Sold 3 bd · 2 ba · 1,964 sqft · $298 · 0.4 mi | $585,000 | 3 | 2 | 1,964 | $298 | 0.4 mi |
E 2649 N LAYTON Circle Pending 4 bd · 3 ba · 2,993 sqft · $351 · 0.1 mi | $1,050,000 List Price | 4 | 3 | 2,993 | $351 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is now 21 years old, placing it just into the 'Fair' category based on age criteria. While the kitchen features granite and stainless steel, the bathrooms show original 2000s-era tiled countertops and oak cabinetry. The home is well-maintained and move-in ready, but the interior finishes and systems are reaching the age where modern updates and minor renewals are expected.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20037, living area = 2780.
Elementary School: Franklin Elementary School (9/10).
The property features an expansive half-acre lot equipped with a private pool, spa, outdoor fireplace, and stunning mountain views, creating a resort-style backyard retreat.
While the elementary school is highly rated, the assigned middle and high schools have average ratings of 5 and 6, which may be a concern for families prioritizing top-tier education.
The association fee of $461 represents a significant recurring expense that increases the total monthly carrying cost for the property.
This ranch style home in the gated community of Madrid in NE Mesa presents 4 bedrooms and 2.5 bathrooms with an open floor plan that floods the interior with natural light. Mountain vistas frame the rooms, creating a connection between indoor comfort and the surrounding mature landscaping, community parks, walking paths, and a prime location near Red Mountain amenities, golf, dining, and freeway access. Inside, the kitchen anchors the home with granite countertops, a center island, and stainless steel appliances that define the heart of daily activity. Tile flooring flows through the main areas while wood floors warm the secondary rooms, establishing distinct areas without interrupting the open layout. Low-E windows enhance energy efficiency throughout the home. The granite surfaces provide durable work areas for meal preparation, while the island offers additional counter area and casual dining options. Stainless steel appliances deliver modern functionality for cooking and food storage needs. The open design allows natural flow between the kitchen, dining area, and great room, making entertaining and daily routines more convenient. The 3 car garage provides secure parking and storage for vehicles and equipment. Beyond the walls, a covered patio extends the indoor area outdoors, where landscaping frames the property. An outdoor fireplace creates a gathering area under the open sky, while the pool and spa offer year-round recreation. Mountain views complete the outdoor experience, transforming the backyard into a personal retreat that captures Arizona's natural beauty. The covered patio provides shade for outdoor dining and relaxation, while the fireplace extends the usable season for evening gatherings.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades PK-6 • 6.8 mi
Grades K-6 • 9.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,780 | 1,898.592 |
| Lot Size | 20,037 | 7,745.036 |
| Price | $827.0K | $485.3K |
| Price per sq ft | $297 | $264 |
| Built year | 2003 | 1995 |
| HOA | $461 | $174 |
| Days on market | 18 | 67 |
Oct 6, 2026
$827,000
Initial Listing