$519,229Average Value$293Average Price per Sq Ft56Homes For Sale
A ‘little oasis in the desert’
This master planned community in Tempe simply stands out with the lake that winds through the heart of the development. Built in the 1970s, The Lakes is said to be the first man-made lake community in Arizona. When they set out on the project, the developers sought input from the people who designed the waterways in Disneyland. Today, many residents enjoy the amenities that typically come with these types of residential communities, as well some other unique events and activities. Homeowners who live along the water have docks from which they can launch kayaks or electric motor pontoons. During Mardis Gras time, costumed and masked residents flock to the beach and tennis club where many at some point will partake in a conga line amid French Quarter decor and tables decked out in green, purple and gold. “It’s almost like a little small town. Everyone knows everybody,” says Christine Baldanza, the Lakes’ community manager. Another appeal of the Lakes is its overall scenery. “It’s very green, there a lot of trees and vegetation, which isn’t very common in Arizona because we’re in a desert,” Baldanza says. “It very pretty because it has this lake meandering through the community. It’s also very friendly. People look out for each other. It’s like a little oasis in the desert.”
Make that sunset cruise a reality in The Lakes.
The Lakes is a true oasis in the heart of the Sonoran Desert.
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Ranch-styles and Spanish houses with townhouses and condos
The Lakes is comprised of about 1,500 homes, which include condominiums and townhouses. The single-family homes are neatly grouped close to each other and can feature the Spanish Revival or Mediterranean influenced styles commonly seen across metro Phoenix. There are also many ranch-style and decades old contemporary — or Midcentury — style houses, some of which are blended with the Spanish influences. In addition to the vegetation and the occasional groups of towering palms, many lots also feature lawns, a feature not every resident can easily come by in the Phoenix area. Price points here can start in the upper $200,000s for some two-bedroom condos and climb to between the lower and upper $500,000s for the ranch-style houses. Three-bedroom townhouses can run between $350,000 and $400,000. Then, price points can pass the $1 million mark for the two-story and more elegant properties along the lake.
A few Santa Fe style homes can be found throughout The Lakes.
Some residents in The Lakes are moving to a water friendly faux lawn.
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From fishing to youth swim competitions
In addition to being able take kayaks or electric motor boats onto the water, homeowners along the lake can also fish the waters. The community stocks the lake with bass and trout during the fall. There are also some designated common areas where those who don’t live along the lake can fish. Otherwise, residents can go to the 125-acre Kiwanis Park on the western end, which features a 12-acre lake. The other community amenities include a recreation center that’s open seven days a week, a junior Olympic size pool and courts for pickleball, tennis, basketball and volleyball. Every month, residents can enjoy organized events like live music, wine and cheese tastings and Easter egg huts for the children. For two months during the summer, the community has a youth swim team that competes against other youth teams from other communities.
Practice your pickleball or tennis swings at Kiwanis Park in Tempe.
Enjoy a walk or bike ride around Kiwanis Park in Tempe.
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Dine along the water at Pier 54
Dining and shopping can be found in various sections throughout the community. The Porch on East Baseline Road serves diverse pub fare that patrons can enjoy at some picnic-style tables. Patrons can also catch the game at the bar or play games like Jenga on the patio. For pizzas, several options include Jet’s Pizza inside the Pueblo Anozira Center just south of East Guadalupe Road. While there, patrons can also stop by the Trader’s Joe just across South McClintock Drive. The diversity of dining options continues with the family-owned Pier 54, a cozy outdoor restaurant right along the water where choices include charcuterie boards, seafood and tacos. Another grocery shopping option exists with Fry’s just north of East Baseline Road.
Catch a game of free lakeside trivia on Thursdays at Pier 54 in The Lakes.
Stop by The Porch in The Lakes for a tasty menu of American dishes.
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Marcos de Niza High’s college and career emphasis
Public schools that serve the community include Rover Elementary School, Fees College Preparatory Middle School and Marcos de Niza High School, all of which received grades of C or higher from ratings site Niche. Marcos de Niza High School’s mission places an emphasis on inspiring students to go to college and achieve career success. Programs there include an award-winning Student Council, the Marcos Fine Arts Academy and the Marcos Business Academy, the latter of which is in partnership with Arizona State University’s W.P. Carey School of Business.
Rover Elementary in Tempe is a K-5 school with over 480 students enrolled.
Marcos De Niza High School in Tempe was established in 1971.
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The Tempe Festival of the Arts
Being in Tempe, Lakes are close to the renowned Tempe Festival of the Arts that takes place downtown in both early December and early to mid-March each year. There’s the Fantasy of Lights Boat Parade at the Tempe Town Lake in December.
Valley Metro stops and U.S. 60 connection to Sky Harbor
Several Valley Metro bus stops can be found across the community. U.S. Highway 60, which runs along The Lakes’ northern bounds, connects to Interstate 10. The interstate passes by the Phoenix Sky Harbor International Airport, located about 8 miles northwest of the community. Tempe St. Luke’s Hospital is located about 4 miles north of The Lakes.
Public Transportation can be found on the major roads in and around The Lakes.
Getting to Phoenix Sky Harbor is a quick drive from The Lakes.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the The Lakes neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
The Lakes
US
Homicide
4
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
4
4
Burglary
5
4
Motor Vehicle Theft
5
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
The Lakes Demographics and Home Trends
On average, homes in The Lakes, Tempe sell after 50 days on the market compared to the national average of 58 days. The median sale price for homes in The Lakes, Tempe over the last 12 months is $505,000, down 2% from the median home sale price over the previous 12 months.
Gorgeous custom home in The Coves at The Lakes of Tempe! This 4-bedroom, 3-bath residence features soaring tongue-and-groove vaulted wood ceilings, abundant natural light & cozy fireplace. Updated kitchen offers custom cabinetry, granite countertops, and views of the lush backyard. Recent improvements include a newly remodeled guest bath (2026) & updated secondary bathrooms. Two bedrooms feature
Seize the chance to own this upgraded 2-bedroom townhome in Colonia Del Sur! Discover a renovated interior showcasing an inviting living/dining room with a soothing palette, chic light fixtures, and attractive wood-look flooring. The updated kitchen boasts quartz counters, white shaker cabinets, recessed lighting, and sleek stainless steel appliances for a delightful cooking experience. The
Rare opportunity to own a meticulously maintained single-level home in The Lakes, one of South Tempe's most sought-after communities. Thoughtfully cared for with a new HVAC, new kitchen appliances, fresh interior paint ($24k value), and stunning teak hardwood flooring throughout. Multiple sliders create seamless indoor-outdoor living, opening to a private courtyard retreat with a wood-burning
Beautifully updated home in a desirable Tempe location, offering a blend of modern updates, flexible living areas, and low-maintenance outdoor living. Fresh neutral finishes, wood-look tile flooring t/out, updated lighting, and abundant natural light create a clean, move-in-ready feel from the moment you enter. The spacious floor plan features an oversized dining room with custom built-in
Beautifully remodeled 4 bedroom, 2 bath home in the desired neighborhood of Tempe Royal Palms. This home sits on a corner lot with lots of upgrades. Full new Roof in 2019 and new A/C unit in 2022. The gourmet kitchen features white shaker style cabinets, granite slab counter tops stainless steel appliances. Front room has a built-in wet bar. Bathrooms have been updated with vanities, toilets,
Welcome to this charming lakefront home in the highly sought-after The Lakes community of Tempe. Situated on a premium lot, this single-level residence offers stunning direct views of the sparkling lake from multiple rooms, plus a separate exit in the primary bedroom. Abundant windows and natural light create a bright, open atmosphere that perfectly frames the beautiful water views and desert
WOW, Prime location, countless upgrades (listed below), paid off SOLAR, oasis backyard, ideal for walking as its located just steps from the beautiful LAKE in one of the highly rated Tempe neighborhoods. Inside, the home has been updated in all the right places. The kitchen shines with new countertops, refrigerator, oven, microwave, and dishwasher, while both bathrooms have been tastefully
Waterfront home on The Island - A Rare Opportunity (only 3 waterfront homes on Lighthouse Lane have sold in the last 20+ years). Expansive Lake Views from almost every room in this 3 Bed + den/3.5 Bath house with endless possibilities for a homeowner or investor - check out the comps! The main level features an elevated view of the lake and a full length covered balcony, a large living room with
Beautifully updated tri-level home in a prime Tempe location--no HOA and just a short walk to Trader Joe's! This spacious property features 4 bedrooms and 3.5 bathrooms, along with a versatile secondary living area that can serve as a large game room, media space, or home office.Enjoy modern upgrades throughout, including remodeled bathrooms, new vanities with quartz countertops, on -trend
Beautifully renovated 2 Bed/2 Bath townhome offers comfort, charm, & an unbeatable central location. Updated just 2 years ago, the home features stylish flooring, updated kitchen & bathroom cabinetry, quartz c-tops, plush carpet and a thoughtfully refreshed b/yard with turf and plenty of space to relax and entertain. Inside, the inviting LR is filled with natural light from the large front
Extremely well maintained home offers a flexible layout, thoughtful updates, and a great use of space in a prime location with no HOA. Situated on a generous lot, the home features 4 bedrooms and 3 bathrooms with a layout that allows for comfortable separation of living spaces. The original garage has been converted into a spacious bedroom with its own private bathroom and a separate exterior
Virtually Staged. Beautiful 4-bedroom home in a prime Tempe location featuring OWNED Tesla Solar Panels, a PRIVATE POOL, and a new roof was installed on May 1st, 2026! Bright, open layout with a functional floor plan ideal for everyday living and entertaining. Enjoy indoor-outdoor living with a private backyard perfect for relaxing or hosting. Garage includes a Tesla/EV charging station for added
Come home to the luxury of Lakeview at the Bay Apartment Homes and discover a carefree lifestyle filled with unrivaled comforts. Nestled in the heart of Tempe you will find everything that you need and love is close to home. Enjoy unwinding from a long day surrounded by the serenity of the lake or meandering brook just outside your patio door. Looking for convenience? You will appreciate
Tempe Park Place makes everyday living simpler. All utilities are included in your rent, so there are no separate bills for gas, electric, water, sewer, trash, or air conditioning. That kind of predictability is hard to find, especially in a location this well connected.Choose from spacious one and two bedroom floor plans ranging from 630 to 1,016 square feet. Homes feature modern
Discover your new home here at Shoreline at the Lakes on E. Baseline Rd. where we offer one, two and three bedroom apartments in Tempe, AZ. Our professional leasing team is eager for you to come and see our property. Shoreline at the Lake was previously know as The Mariner. Schedule a tour with us soon.
Beautiful One Bedroom Apartment Homes! Come Tour Us Today! - Spacious and Modern Apartment HomeZen Scenic Community near freeways and shops. Open living area & dining room and recreational perks.Nines At Lakeside Apartment Homes is located in the heart of Tempe, AZ and is just a few steps away from all your living, dining, and shopping needs. There is easy access to all major freeways
In the heart of vibrant Tempe near Arizona State University, CityScape at Lakeshore is moments from everywhere you want to be. Live here and immerse yourself in a relaxing space that has been expertly updated for maximum comfort. And if its a private garage you seek, we have just what you need (plus a whole lot more). Explore all we have to offer and see how life's better at CityScape at Lakeshore
Discover the Lifestyle You Deserve at Sofia ApartmentsLocated in the heart of Tempe, Sofia Apartments blends modern living with the charm of Arizona. Our spacious floor plans offer open-concept designs, sleek appliances, and thoughtful layouts, creating the perfect oasis to relax or entertain.Just minutes from Mill Avenue District, enjoy dining, shopping, and entertainment right at your doorstep.
Studio, one-, and two-bedroom homes made with you in mind. Call today for more information!Exciting things are happening at Avana Tempe. Enjoy resort style amenities such as a resident lounge with communal lounge seating, game tables and cyber lounge with wi-fi, updated expansive fitness center with brand new equipment, refreshed pool and spa with new lounge furniture and newly renovated
Experience modern living at its finest at Mercury on Mill Apartments. Featuring energy-efficient appliances, high ceilings, and designer finishes throughout, your stylish new abode is well-appointed and spacious. Community amenities include a state-of-the-art fitness and business centers, outdoor lounge areas with fire pits and BBQ, bike storage area, package receiving service, controlled gated
Harper isn't just a place to call home; it's your personal oasis of style and convenience. Experience the ultimate blend of luxury and leisure with our stunning amenities. From culinary adventures in our modern demo kitchen to heart-pumping workouts in our state-of-the-art fitness center, there's always something exciting to discover. Unwind poolside or explore the vibrant Tempe scene – your
Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and ProCare® professional maintenance. Your estimated total monthly payment is $3954.90. That covers your base rent, $3895.00 + our required services designed to make your life easier: Air Filter Delivery Fee ($9.95), Smart
Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and ProCare® professional maintenance. Your estimated total monthly payment is $2818.90. That covers your base rent, $2599.00 + our required services designed to make your life easier: Air Filter Delivery Fee ($9.95), Pool
Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple!This 4-bedroom, 2-bathroom rental home in Tempe, AZ, has a lot to offer; does it check all your boxes? The
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