$514,734Average Value$291Average Price per Sq Ft70Homes 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.
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The Lakes Demographics and Home Trends
On average, homes in The Lakes, Tempe sell after 46 days on the market compared to the national average of 55 days. The median sale price for homes in The Lakes, Tempe over the last 12 months is $500,000, down 3% from the median home sale price over the previous 12 months.
Some houses come with a to-do list. This one doesn't. The kitchen is new down to the cabinetry. Quartz counters, with a waterfall edge island, new appliances, nothing refaced or painted over and both bathrooms are completely new. A fourth bedroom sits behind double doors, ready to be a quiet office or a room for guests. New flooring, new windows, and an open plan that keeps the kitchen connected
Fall in love with this well-loved Southwest-style home in a sought-after neighborhood! Set on a massive lot, there's plenty of room for entertaining, gardening, or simply enjoying the beautifully landscaped, low-maintenance desert yard. The sparkling pool was recently renovated (2026), creating the perfect backyard retreat. Inside, charming classic wood detailing adds warmth and character, while
Beautifully remodeled 2-bedroom, 2-bath home offering modern updates and comfortable living. The open-concept design seamlessly connects the kitchen and living area, featuring a large island, ample counter and cabinet space, stainless steel appliances, and luxury vinyl flooring. The spacious primary bedroom includes an added sitting room, perfect for a home office, nursary, or reading nook. Enjoy
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
RECENTLY UPDATED TEMPE HOME WITH NO HOA NEAR KIWANIS PARK! Wood-look flooring extends throughout the home, beginning in the main living area with a fireplace, accent wall & large window providing abundant natural light. The kitchen features white cabinetry, quartz countertops, gold accents, stainless steel appliances & a large center island with breakfast bar seating, plus multiple windows & an
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
Enter this Amazing 4 bedroom home in Spectacular Tempe Royal Palms Community! No HOA and Conveniently located to schools, churches, shopping, Restaurants, Sky harbor airport & Freeways! Many updates including; new master shower & shower doors! Outdoors has 40,000.00 in landscaping, turf & widened driveway in front! Stucco walls redone in 2024 surrounding pool & cool deck, pool pump & motor, new
Reduced-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,
Welcome to this charming 3 bedroom, 2 bathroom Tempe home situated on a large private lot with no HOA! Freshly painted exterior and new wood fencing create a clean, inviting first impression, while the spacious backyard offers plenty of grass and room to enjoy the outdoors. The property also features a 1-car garage, RV gate with RV parking, plus a generous 3 car slab for additional
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
One of the most coveted Waterfront homes in The Lakes! This Tudor-style, beautifully landscaped home includes 5 beds + loft, 5 baths, 5,000+sqft, 2 balconies and a lower deck with tiled swimming pool off the Walk-Out Basement, and a Private Boat Dock. Gorgeous lake views from the moment you enter, the main level includes a Great Room with vaulted, tongue and groove ceiling that opens to a covered
Set within gated Harbour Village, this spacious 2-bedroom, 2-bath home with a 2-car garage offers an inviting blend of comfort, style and easy entertaining. LVP flooring and a recently painted interior lead into an eat-in kitchen with LG and GE Monogram appliances, opening naturally to the expansive great room and formal dining area. French doors extend the living space to a tiled, double-length
David ArustamianRuss Lyon Sotheby's International Realty
Welcome to this beautifully updated 4-bedroom, 2-bathroom home in an established Tempe neighborhood. Thoughtfully refreshed with new exterior paint, new interior paint, and new carpet, this home is move-in ready! Sewer pipes just replaced, the roof is only 5 years old, and new windows in 2015 all providing added peace of mind. Enjoy desirable north/south exposure, a private pool, and no HOA! The
Rare South Tempe Gem with Owned Solar, Private Guest Suite, Diving Pool & No HOA!Discover the perfect blend of comfort, flexibility, and location in this beautifully updated tri-level home, ideally situated in one of South Tempe's most desirable neighborhoods. Featuring 4 bedrooms, 3.5 bathrooms, and over 2,300 square feet, this thoughtfully designed floor plan offers exceptional versatility
A rare 4-bedroom opportunity in Tempe Gardens! This 1,536 sq ft townhome offers a spacious two-level floor plan with all four bedrooms upstairs, 2.5 baths, fresh interior paint, and a private patio with recently completed exterior repairs. This move-in-ready home also offers granite kitchen countertops, tile flooring throughout, a newer washer and dryer, outdoor storage, covered parking, and
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.
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
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.
Welcome to Nines at Lakeside apartments, nestled in the beautiful locale of Tempe, Arizona. With easy access to Hwy 60, reaching your destination is a breeze. Our superb location provides excellent shopping, exquisite dining, and enjoyable parks and recreational activities. Created with your comfort in mind, our community will meet all your needs. Let our apartment community be your gateway to
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
$999 - $1,529 per month
Mercury on Mill
1 - 2 Beds
1-2 Baths
635+ Sq Ft
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
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 $2704.90. That covers your base rent, $2645.00 + our required services designed to make your life easier: Air Filter Delivery Fee ($9.95), Smart
This 3 bedroom /2 bath home in Tempe has it all! Recently updated with all new paint, bathrooms, wood flooring, tile, cabinets and counters oven, microwave, dishwasher. You are going to love the location, close to everything you need and more. Easy maintenance front yard and large beautiful grassy backyard in this very quiet neighborhood. Best part NO HOA!! Come check it out today!One
Find luxurious living in South Tempe at Harper, offering 1, 2, and 3 bedroom apartment homes with authentic hardwood floors, 9-foot ceilings, and an integrated desk and display niche in every home. Relax by the resort-style pool or log laps in the separate lap pool, then get moving in the on-site fitness center. The outdoor lounge, business center, and community demo kitchen round out the amenity
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 3-bedroom, 2-bathroom rental home in Tempe, AZ, may be the right place for you. The backyard pool is
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