940 S 78TH Place, Mesa, AZ 85208, Mesa, 85208 - 2 bed, 2 bath
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Mesa, AZ 85208
This Stunning Turnkey 55+ Residence is listed at $478,000, representing a fair market entry for its premium upgrades relative to the $459,110 Fair Market Value. Boasting an Excellent Condition Rating following a comprehensive 2025 renovation, the interior features a gourmet kitchen with a seven-foot quartz island and a versatile den conversion option. Located in the prestigious Fountain of the Sun golf community near 9/10 rated Franklin Elementary, the home offers a maintenance-free lifestyle with a new HVAC system and energy-efficient windows. This polished sanctuary is ideal for Active Adults or Retirees seeking a resort-style transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 940 S 78TH Place Subject | $465,500* List Price | 2 | 2 | 1,570 | $285 | - |
A 8018 E FLOSSMOOR Avenue Sold | $389,900 List Price | 2 | 2 | 1,294 | 0.3 mi | |
B 905 S 78TH Street Sold | $430,000 | 2 | 2 | 1,513 | $284 | 0.1 mi |
C 1143 S FIREFLY Avenue Sold | $440,000 | 2 | 2 | 1,552 | $284 | 0.2 mi |
D 1051 S FLORENCE Drive Sold | $389,996 List Price | 2 | 2 | 1,784 | 0.3 mi | |
E 8466 E EMELITA Avenue Sold | $425,000 | 4 | 2 | 1,598 | $266 | 0.8 mi |
F 550 S 76TH Place Sold | $330,000 | 2 | 2 | 1,584 | $208 | 0.6 mi |
G 908 S 78TH Place Active | $475,000 List Price | 2 | 2 | 1,471 | $323 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is in excellent condition following a comprehensive 2025 renovation. It features a modern open-concept kitchen with a large island, quartz countertops, and high-end LG appliances, along with fully updated bathrooms, new HVAC, energy-efficient windows, and new flooring throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7348, living area = 1570.
Elementary School: Franklin Elementary School (9/10).
The property has been completely transformed with a new HVAC system, energy-efficient windows, and modern LED lighting, offering a turn-key, maintenance-free living experience.
The 55+ community requirement significantly restricts the potential buyer pool, which may impact future resale liquidity compared to non-restricted neighborhoods.
The monthly association fee of $381 represents a substantial recurring cost that may be a deterrent for buyers on a fixed retirement income.
Welcome to your new fully remodeled 2+bedroom, 2+bathroom easy to maintain home in the premier 55+ golf course community of Fountain of the Sun. Completely reimagined interior provides wonderful open space with an inviting kitchen featuring a large island, quartz countertops, marble backsplash and top of the line LG stainless appliances. New interior lighting, LED fixtures, Ceiling Fans and shaker cabinetry. Luxury vinyl flooring throughout with 5.5'' baseboards and NO carpets for easy maintenance. New energy efficient windows and exterior doors provide beautiful views of this quiet tree lined property. New Carrier HVAC heat pump with Wifi controls. Option to convert dining to 3rd bed/den available.
No exterior & parking available.
Grades PK-6 • 1.5 mi
Grades PK-6 • 3.6 mi
Grades K-6 • 7.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 28% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,570 | 1,579 | 49% |
| Lot Size | 7,348 | 7,348 | 50% |
| Price | $465.5K | $356.5K | 86% |
| Price per sq ft | $296 | $219 | 92% |
| Built year | 2025 | 1997 | 99% |
| HOA | $381 | $100 | 90% |
| Days on market | 132 | 2281 | 1% |
Apr 14, 2026
$465,500
$478,000
-3% Price Drop
Initial Listing
Dec 12, 2025
$478,000
Initial Listing