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ActiveMLS #7093812

$240,000

5446 E UNIVERSITY Drive

Mesa, AZ 85205

2beds

2baths

1,275sqft

Price per sqft: $188/sqft
Listed: Oct 14, 2026
Since listed: 18 days
Lot: 8,133 sqft lot

Home highlights

Single-story

About this home

This charming 1960s ranch-style home is situated on a spacious lot in Dreamland Villa, a desirable 55+ community with no HOA fees. This move-in-ready home features a brand-new roof, updated windows, newer HVAC (Jan 2025) and a freshly painted exterior. Inside, you'll find 2 bedrooms, 2 bathrooms, and comfortable carpeted living areas. The enclosed Arizona room provides additional living space with plenty of natural light, while the spacious indoor laundry room offers added convenience and storage. Additional features include a garage and low-maintenance desert landscaping in both the front and backyard. This home offers comfortable, low-maintenance Arizona living.

From ARMLS

Property details

Home & layout

Property type: Single Family Residence
Bedrooms: 2
Bathrooms: 2
Living area: 1,275 sqft
Year built: 1962
Stories: Single-story

Interior

Interior features: Laminate Counters
Flooring: Carpet

Systems & utilities

Heating: Electric
Cooling: Central Air
Sewer: Septic Tank
Water source: City Water

Lot, exterior & construction

Lot size: 8,133 sqft lot
Lot features: Desert Front, Gravel/Stone Front, Gravel/Stone Back
Construction: Painted, Block
Roof: Composition
Patio & porch: Covered Patio(s)
Fencing: Block, Chain Link
Spa: None

Parking & access

Garage: 1 spaces
Carport: 0 spaces
Covered parking: 1 spaces

Community & lifestyle

Subdivision: DREAMLAND VILLA 5
HOA: $270 annually
HOA name: DREAMLAND VILLA

Location

Explore the neighborhood

5446 E UNIVERSITY Drive, Mesa, AZ 85205

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Schools

Elementary: Adult
Middle: Adult
High: Adult

School assignments can change and are not guaranteed. Please verify enrollment directly with the district.

Listing information

Status: Active
MLS number: 7093812
Listed: Oct 14, 2026
Last updated: Oct 23, 2026, 11:25 AM MST
County: Maricopa
Tax year: 2025
Listing terms: VA, Cash, Conventional, FHA
Possession: Close of Escrow
Special conditions: Age Restricted (See Remarks), N/A
Listing agent: John Oushana
Listing brokerage: HomeSmart

Planning tool

Monthly payment estimate

Adjust the assumptions below to explore a possible monthly payment for this home.

Home price

Down payment

Example interest rate

Loan term

Estimated annual property taxes

MLS did not provide the tax amount, so this starts at 0.52% of the home price and updates with it.

Estimated annual homeowners insurance

Starts at 0.35% of the home price and remains fully editable.

Monthly HOA

Monthly mortgage insurance

Estimated monthly total

$1,410

$192,000 loan after a $48,000 down payment

Principal & interest: $1,214
Property taxes: $104
Homeowners insurance: $70
HOA: $23
Mortgage insurance: $0

Estimate only—not a loan quote. The example rate is editable and is not represented as a current lender rate. When MLS does not provide annual taxes, the calculator starts with an editable percentage-of-price estimate. Homeowners insurance also starts with an editable percentage-of-price estimate instead of $0. Actual payments vary and may also include lender fees, closing costs, utilities, maintenance, and other expenses. Verify taxes, insurance, HOA dues, and financing with the appropriate professionals.

Wendy Macica

Simply Real Estate

I can represent you on this home, answer your questions honestly, and arrange a private tour — whoever holds the listing.

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Listing courtesy of John Oushana, HomeSmart.

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