116 North Jade Circle Mesa, AZ 85201

$470,000
4
Beds
2
Baths
0.30
Acres
2,086
SQFT
225
$/SQFT
$470,000
4
Beds
2
Baths
2,086   sf
$225 / sf
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Welcome to this rare opportunity tucked at the end of a quiet cul-de-sac with no HOA, one of the largest lots in the area, and outstanding potential for high-earning STR/vacation rental income, especially for investors or high-income earners looking to take advantage of 2025 bonus depreciation.This block-construction home offers remarkable flexibility, comfort, and upside both inside and out. Step inside to a freshly painted interior with no carpet, a spacious kitchen with room to expand, and a reverse osmosis system for added convenience. The bathroom was fully renovated in 2023, the HVAC was replaced in 2014, and a new roof was installed in 2022, providing peace of mind for years to come.A versatile Arizona/Lanai room adds even more value, ideal for guest overflow, a game room.. or a second lounge area, all highly desirable features for short-term rental guests.Outside, the oversized backyard is a true blank canvas ready for your vision: add an ADU or guest suite, build a sport court, create a children's play area, install a spa, or expand shaded entertaining areas around the fully updated pool. With this much space, you can customize the property to maximize nightly rates and overall rental performance.Located just minutes from Downtown Mesa, the light rail, Mesa Arts Center, Pioneer Park, Mesa Riverview, Tempe Marketplace, Loop 202, and US-60, the location offers unmatched convenience driving strong demand for vacation renters and long-term tenants alike.Whether you're building an investment portfolio, capturing bonus depreciation benefits, or searching for a primary residence with endless upside, this Mesa gem checks every box.

Welcome to this rare opportunity tucked at the end of a quiet cul-de-sac with no HOA, one of the largest lots in the area, and outstanding potential for high-earning STR/vacation rental income, especially for investors or high-income earners looking to take advantage of 2025 bonus depreciation.This block-construction home offers remarkable flexibility, comfort, and upside both inside and out. Step inside to a freshly painted interior with no carpet, a spacious kitchen with room to expand, and a reverse osmosis system for added convenience. The bathroom was fully renovated in 2023, the HVAC was replaced in 2014, and a new roof was installed in 2022, providing peace of mind for years to come.A versatile Arizona/Lanai room adds even more value, ideal for guest overflow, a game room.. or a second lounge area, all highly desirable features for short-term rental guests.Outside, the oversized backyard is a true blank canvas ready for your vision: add an ADU or guest suite, build a sport court, create a children's play area, install a spa, or expand shaded entertaining areas around the fully updated pool. With this much space, you can customize the property to maximize nightly rates and overall rental performance.Located just minutes from Downtown Mesa, the light rail, Mesa Arts Center, Pioneer Park, Mesa Riverview, Tempe Marketplace, Loop 202, and US-60, the location offers unmatched convenience driving strong demand for vacation renters and long-term tenants alike.Whether you're building an investment portfolio, capturing bonus depreciation benefits, or searching for a primary residence with endless upside, this Mesa gem checks every box.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Maricopa
  • Area
    Mesa
  • Tax Amount
    $1,174
  • Status
    Active
  • Listing #
    6898822
  • Built
    1960
  • Lot Size
    0.30
  • Listed on site
    128 days

Listed by:
Real Broker

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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Property details

Community Features

  • No HOA
  • Not Age Restricted

Property Features

  • Cul-De-Sac

Exterior features

  • Has garage
  • Pool

Style

  • Ranch / One Story
  • One Story

Property History

DateDays AgoEventNew Price
Nov 21, 202514 days agoPrice decreased10,000 (2%)$470,000
Oct 28, 20251 mo agoPrice decreased19,000 (4%)$480,000
Sep 15, 20253 mos agoPrice decreased21,000 (4%)$499,000
Jul 29, 20254 mos agoNew on market$520,000
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