1550 N 40TH Street 12, Mesa, AZ 85205, Mesa AZ 85205
Designed for exceptional entertaining with clearly separated living and sleeping spaces, this fully reimagined 6,107-square-foot residence is set on a 0.69-acre parcel within a gated enclave of just 14 custom estates in Mesa's coveted El Portillo. The main-level primary suite includes an adjoining private office or retreat, while the secondary bedrooms and a spacious lounge are located upstairs, creating a distinct upper-level bedroom wing with flexible options for offices, fitness, hobbies or media. Two impressive entertaining and living environments define the main floor. A dramatic open
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Mesa
This property is offered at $392 per square foot, compared with a $238 median for active five-or-more-bedroom homes in Mesa. Its asking price falls near the 93rd percentile of that active group. The comparison uses 237 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $980,000, and the median is $298 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 4038 E GLENCOVE Street, Mesa, AZ 85205 | Apr 23, 2026 | 5 bd · 3,511 sqft | $975,000 | 0.3 mi |
| 4040 E MCLELLAN Road 16, Mesa, AZ 85205 | Jun 17, 2026 | 4 bd · 4,490 sqft | $1,600,000 | 0.3 mi |
| 4062 E GLENCOVE Street, Mesa, AZ 85205 | Sep 18, 2026 | 5 bd · 3,293 sqft | $874,000 | 0.3 mi |
| 4035 E GLENCOVE Street, Mesa, AZ 85205 | Aug 10, 2026 | 3 bd · 3,310 sqft | $985,000 | 0.3 mi |
| 1241 N NASSAU Circle, Mesa, AZ 85205 | Jun 29, 2026 | 5 bd · 3,839 sqft | $1,000,000 | 0.3 mi |
| 4147 E GLENCOVE Circle, Mesa, AZ 85205 | Apr 29, 2026 | 3 bd · 2,931 sqft | $875,282 | 0.4 mi |
| 1244 N NORFOLK Circle, Mesa, AZ 85205 | Apr 7, 2026 | 4 bd · 2,768 sqft | $865,000 | 0.4 mi |
| 4222 E MCLELLAN Circle 15, Mesa, AZ 85205 | May 8, 2026 | 6 bd · 6,387 sqft | $1,900,000 | 0.4 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $2,395,000 · Active
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