
Mesa, AZ 85207
This High-Potential Investment Opportunity is listed at $465,000, positioned well below the $484,510 Fair Market Value by 4%. This valuation gap offers $19,510 in Instant Equity. Featuring a Condition Rating of 3, the home includes recent HVAC and flooring upgrades. The massive 20,464 sqft Double-Lot with No HOA provides rare flexibility for storage or expansion. Located near Top-Rated Schools like Franklin at Brimhall, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Property is move-in ready.
Although built in 1975, the property has been recently updated with a new HVAC system, new LVP flooring, fresh interior and exterior paint, and new bathroom fixtures. It is well-maintained, functional, and move-in ready, despite some remaining dated elements like the kitchen cabinets and popcorn ceilings.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20464, living area = 1665.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The massive 20,000+ sqft double lot provides rare freedom with no HOA, offering ample space for RVs, boats, or future additions like a casita or pool.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20464, other record lot size in square feet = 9853.
Built in 1975, the property may require ongoing attention to aging infrastructure elements not covered by the recent cosmetic and HVAC updates.
At 1,665 square feet, the interior living space is relatively small compared to the oversized lot, which may not appeal to buyers seeking a larger home footprint.
Giant, ultra-quiet, DOUBLE-LOT cul-de-sac property with NO HOA and tons of space for your camper, trailer, boat, cars, work vans...whatever you want! Lots of new items including HVAC, carpets, LVP flooring, 2 entry doors, both toilets, master vanity and light plus the kitchen sink and faucet. Both exterior and interior were recently painted. This custom-built home has extra-wide doorways, hallways and easy access to the master bathroom. The family room has a gorgeous, stacked stone fireplace in the living room is light and bright. Home purchase includes the adjacent lot which makes the overall lot over 20,000sqft in size. This means there is space for a casita, pool, playground, extra garage or simply storage for all of your stuff.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades PK-6 • 6.0 mi
Grades K-6 • 9.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,665 | 1,898.592 |
| Lot Size | 20,464 | 7,745.036 |
| Price | $465.0K | $485.3K |
| Price per sq ft | $279 | $264 |
| Built year | 1975 | 1995 |
| HOA | $0 | $174 |
| Days on market | 45 | 67 |
Sep 9, 2026
$465,000
Initial Listing