The Lakes Homes for Sale

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  /30

  $729,900

  • 2 Beds
  • 2 Baths
  • 1,652 Sq Ft

  5604 S Rocky Point Rd, Tempe, AZ 85283

  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

  

  Jason Vaught

  Realty Executives Arizona Territory

  (623) 244-6529

  5604 S Rocky Point Rd, Tempe, AZ 85283
• Explore The Lakes

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  /48

  $675,000

  • 4 Beds
  • 2 Baths
  • 2,052 Sq Ft

  1217 E Watson Dr, Tempe, AZ 85283

  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,

  

  Charlene Bare

  HomeSmart

  (877) 592-3067

  1217 E Watson Dr, Tempe, AZ 85283
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  /49

  $259,940

  • 2 Beds
  • 2 Baths
  • 1,065 Sq Ft

  1402 E Guadalupe Rd Unit 149, Tempe, AZ 85283

  Live the easy Tempe lifestyle at La Tierra Condos, updated ground-floor condo, security door entrance, one-level living meets resort amenities & convenience. Step inside to your cozy place. Kitchen updated 2024, White cabinets, Customer handles, Butcher Block Countertops and Stainless Steel appliances create an atmosphere ready for your favorite meals to share with friends. Newer bathroom

  

  Ana Benavides

  eXp Realty

  (602) 786-8212

  1402 E Guadalupe Rd Unit 149, Tempe, AZ 85283
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  /36

  $599,300

  • 3 Beds
  • 2 Baths
  • 1,601 Sq Ft

  959 E Lobster Trap Ln, Tempe, AZ 85283

  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

  

  Lala Smith

  eXp Realty

  (602) 609-3457

  959 E Lobster Trap Ln, Tempe, AZ 85283
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  /66

  $999,000

  • 3 Beds
  • 3.5 Baths
  • 3,176 Sq Ft

  5445 S Lighthouse Ln, Tempe, AZ 85283

  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

  Daniel Birk Fathom Realty Elite

  5445 S Lighthouse Ln, Tempe, AZ 85283
• 

  

  /28

  $570,000

  • 3 Beds
  • 2 Baths
  • 1,640 Sq Ft

  236 E Minton Dr, Tempe, AZ 85282

  This cozy retro gem has been beautifully updated from top to bottom. Enjoy new windows and doors throughout, along with soft-close cabinets and vanities, quartz countertops, and custom-tiled showers and backsplash. Stylish lighting with added can lights brightens the space, and every room includes a ceiling fan. Additional upgrades include new interior doors, trim, baseboards, fixtures, hardware,

  Chris Dudley Redfin Corporation

  236 E Minton Dr, Tempe, AZ 85282
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  /47

  $497,000

  • 4 Beds
  • 2 Baths
  • 1,519 Sq Ft

  227 E Auburn Dr, Tempe, AZ 85283

  Located in the heart of the Tempe Kiwanis Park neighborhood, this charming 3-bedroom, 2-bath plus, converted bonus bedroom, home offers unbeatable convenience in the Phoenix Metro area. Your new home boasts an updated kitchen with reverse osmosis system, custom shelving features, laminate wood and tile flooring throughout, a Whole House Filtersorb Filtration & Conditioning System, fresh interior

  Kayla Johnson Redfin Corporation

  227 E Auburn Dr, Tempe, AZ 85283
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  /33

  $520,000

  • 3 Beds
  • 2 Baths
  • 1,640 Sq Ft

  4706 S Grandview Ave Unit 3, Tempe, AZ 85282

  Beautifully updated Tempe home with private pool, modern upgrades, and incredible flexibility for both homeowners and investors. This spacious 3-bedroom, 2-bath property offers approximately 1,640 square feet of living space on a generous lot in a highly convenient Tempe location near ASU, major freeways, shopping, and dining.The home features an open and functional layout with an updated

  Kathleen Scott Redfin Corporation

  4706 S Grandview Ave Unit 3, Tempe, AZ 85282
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  /44

  $645,000

  • 4 Beds
  • 3.5 Baths
  • 2,360 Sq Ft

  1921 E Gemini Dr, Tempe, AZ 85283

  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

  Sergei Perkovskii Gold Trust Realty

  1921 E Gemini Dr, Tempe, AZ 85283
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  /77

  $639,000

  • 3 Beds
  • 2 Baths
  • 2,272 Sq Ft

  1701 E Julie Dr, Tempe, AZ 85283

  Well-maintained Tempe home in a desirable location near shopping, dining, ASU, and major freeways. The home is in good condition with a functional layout and comfortable living spaces. Interior reflects its original style and offers an opportunity to update over time. The standout feature is the incredible backyard with a private pool and gazebo, perfect for relaxing, entertaining, and enjoying

  Joseph Fraser HomeSmart

  1701 E Julie Dr, Tempe, AZ 85283
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  /49

  $630,000

  • 3 Beds
  • 2 Baths
  • 1,954 Sq Ft

  1980 E Orion St, Tempe, AZ 85283

  Nestled in a desirable and peaceful pocket of Tempe, 1980 E Orion presents a rare opportunity for both a beautiful primary residence or a high-performing investment--without the restrictions of an HOA. Conveniently located just minutes from the Loop 101, this home offers both comfort and accessibility.This beautifully remodeled 3-bedroom, 2-bath home has been thoughtfully updated from top to

  George Laughton My Home Group Real Estate

  1980 E Orion St, Tempe, AZ 85283
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  /28

  $689,000

  • 3 Beds
  • 2 Baths
  • 2,132 Sq Ft

  2021 E Pegasus Dr, Tempe, AZ 85283

  Beautiful 3BD/2BA move-in ready home located in a highly sought-after Tempe neighborhood! This open-concept floor plan showcases wood flooring throughout a spacious kitchen featuring granite countertops, stainless steel appliances, seamlessly flows into the family room w/ a cozy fireplace. The secondary bath offers direct access to the pool. The beautifully landscaped backyard includes a covered

  Kathleen Conner Keller Williams Realty Phoenix

  2021 E Pegasus Dr, Tempe, AZ 85283
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  /21

  $649,000

  • 3 Beds
  • 2 Baths
  • 2,363 Sq Ft

  943 E Eveningstar Ln, Tempe, AZ 85283

  Beautiful well-kept 3BD/2BA move-in ready home located in a highly sought-after South Tempe neighborhood. Easy access to I 10, Highway 60 and the 101. Just a little over 3 miles to ASU! Beautiful cherry wood cabinets, and quartz counters throughout. All the private amenities of The Lakes: Pickleball; tennis; basketball; sand volleyball; Olympic pool; exercise room; clubhouse and a great sense of

  Hamed Kavian Realty ONE Group

  943 E Eveningstar Ln, Tempe, AZ 85283
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  /68

  $619,900

  • 4 Beds
  • 2 Baths
  • 1,836 Sq Ft

  617 E Ellis Dr, Tempe, AZ 85282

  Just a few miles for ASU main campus! Welcome to this stunning 4-bedroom home situated in a prime corner lot! Fully fenced, offering a 2-car garage plus carport parking. Inside, you'll find inviting living spaces ready to bring you joy, showcasing new flooring, plenty of natural light pouring in, a wood-burning fireplace in the family room to ensure cozy winter evenings, and an earthy palette

  John Gonzales HomeSmart

  617 E Ellis Dr, Tempe, AZ 85282
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  /34

  $584,900

  • 3 Beds
  • 2 Baths
  • 1,652 Sq Ft

  2041 E Radcliffe Dr, Tempe, AZ 85283

  Welcome to a home that truly has it all! This single-level beauty features a 2-car garage and an RV gate, offering flexibility for all your vehicles and outdoor gear. Warm wood-look floors highlight the inviting living and dining area, while the great room with a cozy fireplace is perfect for gathering with loved ones. The kitchen is a dream, showcasing quartz counters, stainless steel

  Matthew Kochis Real Broker

  2041 E Radcliffe Dr, Tempe, AZ 85283
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  /52

  $615,000

  • 3 Beds
  • 2 Baths
  • 1,669 Sq Ft

  4705 S Country Club Way, Tempe, AZ 85282

  Tucked into a prime location near the 101, US 60, and just minutes from Arizona State, this 3-bedroom, 2-bath home strikes that rare balance between style and ease. Thoughtfully remodeled in 2023, it carries a clean, slightly modern feel without losing its warmth. The backyard is made for Arizona living, anchored by a true diving pool that practically calls for long summer evenings and easy

  Garrett Carpenter Keller Williams Integrity First

  4705 S Country Club Way, Tempe, AZ 85282
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  /29

  $589,900

  • 4 Beds
  • 2 Baths
  • 1,968 Sq Ft

  5919 S Jentilly Ln, Tempe, AZ 85283

  Beautifully modernized Arizona ranch home in a fantastic Tempe location! This open-concept floor plan comes with quality features and stylish upgrades in and out! The Gourmet Chef's Kitchen is a true centerpiece, featuring crisp new white cabinets, stunning quartz countertops, and a high-end suite of matching GE Monogram stainless steel appliances--including a 48'' built-in fridge, double wall

  Jared Brooks Vest Realty, LLC

  5919 S Jentilly Ln, Tempe, AZ 85283
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  /38

  $574,900

  • 4 Beds
  • 2 Baths
  • 2,012 Sq Ft

  4804 S Elm St, Tempe, AZ 85282

  Here is a Tempe gem offering the perfect blend of comfort, convenience, and lifestyle--with no HOA. Located in an established neighborhood on an oversized corner lot, this beautifully upgraded 4-bedroom home in Tempe Gardens delivers space, flexibility, and long-term value for homeowners and investors alike. Enjoy an unbeatable location just minutes from US-60, Arizona State University, Phoenix

  Troy Wolfe HomeSmart

  4804 S Elm St, Tempe, AZ 85282
• 

  

  /19

  $250,000

  • 2 Beds
  • 2 Baths
  • 1,065 Sq Ft

  1402 E Guadalupe Rd Unit 153, Tempe, AZ 85283

  Discover the charm of this beautifully updated 2-bedroom, 2-bath condo in Tempe, offering the ideal blend of comfort, style, and convenience. Perfectly situated near ASU, this home is an excellent opportunity for both homeowners and investors. Step inside to a warm, inviting interior enhanced by upgrades throughout. The recently renovated kitchen features new countertops, a stylish backsplash,

  Ann Daniels HomeSmart Realty

  1402 E Guadalupe Rd Unit 153, Tempe, AZ 85283
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  /65

  $460,000

  • 4 Beds
  • 3 Baths
  • 1,689 Sq Ft

  1813 E Ellis Dr, Tempe, AZ 85282

  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

  Michelle Arzac Keller Williams Integrity First

  1813 E Ellis Dr, Tempe, AZ 85282
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  /33

  $349,999

  • 2 Beds
  • 1 Bath
  • 1,168 Sq Ft

  1949 E Del Sur Dr, Tempe, AZ 85283

  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

  Hector Hernandez DeLex Realty

  1949 E Del Sur Dr, Tempe, AZ 85283
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  /35

  $494,000

  • 4 Beds
  • 2 Baths
  • 1,388 Sq Ft

  409 E Pegasus Dr, Tempe, AZ 85283

  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

  Tee Elahi HomeSmart

  409 E Pegasus Dr, Tempe, AZ 85283
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  /72

  $675,000

  • 3 Beds
  • 2.5 Baths
  • 1,912 Sq Ft

  5442 S Hurricane Ct, Tempe, AZ 85283

  Welcome to your dream home inside the prestigious gated community within The Lakes! This beautifully townhome offers an open-concept living. The expansive living and dining areas flow seamlessly together and has direct access to a patio. The chef's kitchen opens to the living area and features a 7' island with additional storage and plenty of seating, granite countertops, stainless steel

  Karen Ballantyne HomeSmart

  5442 S Hurricane Ct, Tempe, AZ 85283
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  /14

  $450,000

  • 4 Beds
  • 2 Baths
  • 1,590 Sq Ft

  4810 S Elm St, Tempe, AZ 85282

  Welcome to this classic 1971 Arizona block construction home, nestled in a highly sought-after, desirable pocket of the Tempe Gardens area near McClintock and Baseline. Perfect location for rental or primary residence. The location offers excellent proximity to the US-60 and the tech corridor, ensuring strong value in both the land and the structure. Families will appreciate being just one block

  Larry Feiner HomeSmart

  4810 S Elm St, Tempe, AZ 85282
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  /39

  $785,000

  • 4 Beds
  • 2 Baths
  • 2,481 Sq Ft

  6367 S River Dr, Tempe, AZ 85283

  Fantastic opportunity to own this stunning 4-bedroom home on a coveted quarter acre corner lot! You're welcomed by a 3-car garage, an RV gate, and tasteful stone accents. Discover an inviting living room with vaulted ceilings, a soothing palette, classic plantation shutters, and attractive wood-look flooring. Spend intimate moments with loved ones in the spacious great room, complete with a cozy

  Adrian Esquer Century 21 Northwest

  6367 S River Dr, Tempe, AZ 85283
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  /41

  $550,000

  • 3 Beds
  • 2 Baths
  • 1,554 Sq Ft

  975 E Lobster Trap Ln, Tempe, AZ 85283

  Beautifully updated home just steps from the lake in the highly sought-after Lakes community! From the moment you arrive, you'll be drawn in by the inviting curb appeal featuring lush landscaping, a charming paver courtyard, and lake access just one home over. Inside, soaring vaulted ceilings and a cozy fireplace create a warm and welcoming atmosphere. The remodeled kitchen is a standout,

  Mike Schude Instasold

  975 E Lobster Trap Ln, Tempe, AZ 85283
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  /38

  $659,000

  • 3 Beds
  • 2 Baths
  • 1,652 Sq Ft

  1123 E Julie Dr, Tempe, AZ 85283

  Welcome to this charming 3-bedroom, 2-bath home located in the heart of Tempe, offering the perfect combination of comfort, convenience, and freedom with no HOA. Ideally situated just minutes from the Loop 101 freeway, this home provides easy access to shopping, dining, and all that the area has to offer. Inside, you'll find a functional and inviting layout featuring an eat-in kitchen complete

  Linda Giyan Arizona Elite Properties

  1123 E Julie Dr, Tempe, AZ 85283
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  /16

  $675,000

  • Land
  • 25,264 Sq Ft
  • $1,163,793 per Acre

  6008 S Mcclintock Dr, Guadalupe, AZ 85283

  RARE COMMERCIAL LAND OPPORTUNITY with 175 Feet of frontage to McClintock. Prime 0.58 acre lot. Zoned R/O Two Water main connections on site. Plans available for multi-unit office building.

  Bradley Williams Barrett Real Estate

  6008 S Mcclintock Dr, Guadalupe, AZ 85283
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  /17

  $485,000

  • Land
  • 13,068 Sq Ft
  • $1,616,667 per Acre

  136 E Fremont Dr Unit 261, Tempe, AZ 85282

  Infill opportunity in the heart of Tempe! Spanning 13,225 square feet, this ready-to-build homesite is located off a quiet cul-de-sac, offering an ideal setting for a custom home with added privacy. Situationed in a fully built neighborhood, this is the last remaining chance to build new in an established area with no additional residential land available nearby. The property offers flexible

  Daniel Kahn E & G Real Estate Services

  136 E Fremont Dr Unit 261, Tempe, AZ 85282
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  /64

  $679,000

  • 5 Beds
  • 2 Baths
  • 2,429 Sq Ft

  1204 E Steamboat Bend Dr, Tempe, AZ 85283

  This spacious residence offers a functional open layout with generous living areas, natural light, and plenty of room for both relaxing and entertaining. The home features well sized bedrooms, a versatile floor plan, and a private backyard perfect for enjoying Arizona living. Residents of The Lakes enjoy resort style amenities, including lakeside walking paths, tennis courts, a fitness center,

  Eric Avdee The Brokery

  1204 E Steamboat Bend Dr, Tempe, AZ 85283
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  /33

  $299,999

  • 3 Beds
  • 1.5 Baths
  • 1,200 Sq Ft

  5007 S Terrace Rd, Tempe, AZ 85282

  Beautifully refreshed and perfectly located, this stunning Tempe townhome offers convenience, style, and true move-in readiness. Situated near parks, parking, and everyday essentials, the location is hard to beat.Inside, you'll find fresh, seamless paint throughout, giving the home a clean, bright, and modern feel from the moment you walk in. The open, functional floor plan flows

  Jillian Haefs Weichert, Realtors - Courtney Valleywide

  5007 S Terrace Rd, Tempe, AZ 85282
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  /26

  $535,000

  • 2 Beds
  • 2 Baths
  • 1,282 Sq Ft

  5605 S Spinnaker Rd, Tempe, AZ 85283

  Upgraded Single-Story home in the beautiful sought after Tempe Lakes Subdivision. Brand new flooring throughout. New premium wood-look porcelain tile, new carpet/pad in bedrooms. New fixtures, ceiling fans, lighting, appliances, hot water heater. Granite countertops in kitchen and baths. Trane HVAC system. Roomy 2 car garage with cabinets. Charming, quaint and private backyard to relax. Paver

  Good Day HomeSmart Realty

  5605 S Spinnaker Rd, Tempe, AZ 85283
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  /39

  $669,000

  • 4 Beds
  • 3.5 Baths
  • 2,360 Sq Ft

  1947 E Orion St, Tempe, AZ 85283

  Experience the best of South Tempe living in this beautifully updated and well maintained 4 bedroom, 3.5 bath split level home featuring a large, 3-year-old fully owned solar system. The 9.45 kW system with 27 panels, part of a $59,000+ system with no lease and no lien, will convey free and clear at close of escrow. Enjoy immediate and long term energy savings and more affordable year round

  Rachelle Roman HomeSmart

  1947 E Orion St, Tempe, AZ 85283
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  /48

  $299,000

  • 2 Beds
  • 2 Baths
  • 1,144 Sq Ft

  1205 E Northshore Dr Unit 121, Tempe, AZ 85283

  RARE opportunity to live in The Lakes for under $300K! Move-in ready condo at Runaway Point! This two-level condo includes 2 beds, 2 baths and 1,144 sqft. The downstairs' large windows and sliding door to the patio allow plenty of natural light into the living room, dining room and kitchen. The downstairs also has newer floors and the kitchen cabinets were also recently replaced. The upstairs

  Daniel Birk Fathom Realty Elite

  1205 E Northshore Dr Unit 121, Tempe, AZ 85283
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  /34

  $699,900

  • 4 Beds
  • 2 Baths
  • 2,653 Sq Ft

  1882 E Fremont Dr, Tempe, AZ 85282

  Welcome to this bright and spacious 4 bed, 2 bath home in the Kiwanis Lakes area of Tempe, set in a great location close to ASU and near shopping and dining. Inside, you will find brand new carpet and a well laid out floor plan with two large living spaces, including a cozy family room and a separate living room, giving you plenty of space to relax or host guests. The home feels open and easy to

  Randy Courtney Weichert, Realtors - Courtney Valleywide

  1882 E Fremont Dr, Tempe, AZ 85282
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  /4

  $525,000

  • Land
  • 12,196 Sq Ft
  • $1,875,000 per Acre

  6320 S Shannon Dr Unit 9, Tempe, AZ 85283

  Great lot to build custom home. Conveniently located near freeway access and minutes to down town Tempe.

  Randy Courtney Weichert, Realtors - Courtney Valleywide

  6320 S Shannon Dr Unit 9, Tempe, AZ 85283
• 

  

  /18

  $375,000

  • 3 Beds
  • 2 Baths
  • 1,200 Sq Ft

  5617 S Clambake Bay Ct Unit B, Tempe, AZ 85283

  *NEW ROOF* Beautifully maintained and move in ready ground-floor, single story townhome with no one above, offering added privacy and comfort. Fresh new paint and a bright open layout create a clean, inviting space that feels both spacious and welcoming from the moment you walk in. The home is exceptionally well kept and truly turnkey.Enjoy the convenience of a spacious single car garage with

  Mikayla Ensign The Brokery

  5617 S Clambake Bay Ct Unit B, Tempe, AZ 85283
• 

  

  /26

  $280,000

  • 3 Beds
  • 1.5 Baths
  • 1,200 Sq Ft

  1204 E Dunbar Dr, Tempe, AZ 85282

  LOCATION, LOCATION! 3-bedroom unit in Park Premiere Townhouses! Step into inviting living room with a soothing palette and durable tile flooring for easy maintenance. The eat-in kitchen comes with ample wood cabinetry, essential built-in appliances, and double French doors that lead to the backyard for seamless indoor-outdoor living. Indoor laundry room for convenience. The main bedroom includes

  Joe Elia Keller Williams Legacy One Realty

  1204 E Dunbar Dr, Tempe, AZ 85282
• 

  

  /43

  $725,000

  • 4 Beds
  • 2.5 Baths
  • 2,670 Sq Ft

  1613 E Weathervane Ln, Tempe, AZ 85283

  Welcome to this beautifully maintained 4-bedroom home in Tempe's sought-after Lakes Community! New interior paint. The main level impresses with slate floors throughout, French doors, and formal dining room. The stellar kitchen offers soft-close cabinets, granite countertops, and a stunning reclaimed barn wood ceiling, opening to a cozy family room with a fireplace and French doors. Dual-pane

  Lisa Blanzy Mark Brower Properties, LLC

  1613 E Weathervane Ln, Tempe, AZ 85283
• 

  

  /15

  $459,000

  • 3 Beds
  • 2 Baths
  • 1,267 Sq Ft

  247 E Fordham Dr, Tempe, AZ 85283

  Fully renovated, move-in ready 3-bed, 2-bath home in a prime Tempe location with top-to-bottom upgrades and true turnkey convenience. Major improvements include a brand-new roof, windows, doors, plumbing, and electrical, offering long-term peace of mind with no deferred maintenance. Inside features modern finishes with updated cabinets and countertops, and fully renovated bathrooms. Spacious

  Joseph Quattrucci Keller Williams Arizona Realty

  247 E Fordham Dr, Tempe, AZ 85283

Showing Results 1 - 40, Page 1 of 2

Why Live in The Lakes

The Lakes neighborhood in Tempe is a master-planned community known for its unique artificial lake, which was the first of its kind in Arizona. Developed in the 1970s with input from Disneyland's waterway designers, the community features docks for kayaks and electric-motor pontoons, and hosts events such as a Mardi Gras celebration. The neighborhood's lush greenery and abundant trees create an oasis-like atmosphere. Housing styles include Spanish Revival, Mediterranean, ranch-style and Midcentury. Home prices range from the upper $200,000s to over $1 million for lakefront properties. Residents enjoy amenities such as a recreation center, junior Olympic pool and courts for various sports. The community also stocks the lake with bass and trout for fishing. Dining options include The Porch, Jet’s Pizza and Pier 54, while shopping is available at Trader Joe’s and Fry’s. Students can attend Rover Elementary School, Fees College Preparatory Middle School and Marcos de Niza High School, which emphasizes college and career readiness. Nearby attractions include the Tempe Festival of the Arts and the Fantasy of Lights Boat Parade. The community has access to Valley Metro bus stops and U.S. Highway 60. Phoenix Sky Harbor International Airport is about 8 miles away, and Tempe St. Luke’s Hospital is around 4 miles north.

Learn more about living in The Lakes

Frequently Asked Questions

Is The Lakes a good place to live?

The Lakes is a good place to live. The Lakes is considered car-dependent and bikeable with some transit options. The Lakes is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. The Lakes has 7 parks for recreational activities. It is somewhat dense in population with 8.4 people per acre and a median age of 37. The average household income is $102,669 which is below the national average. College graduates make up 48.9% of residents. A majority of residents in The Lakes are home owners, with 44.6% of residents renting and 55.4% of residents owning their home. A local real estate agent serving The Lakes can help you decide if this neighborhood is the right one for you. Learn more on our The Lakes neighborhood guide.

Is The Lakes, AZ a safe neighborhood?

The Lakes, AZ is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.

How much do you need to make to afford a house in The Lakes?

The median home price in The Lakes is $537,450. If you put a 20% down payment of $107,500 and had a 30-year fixed mortgage with an interest rate of 6.37%, your estimated principal and interest payment would be $2,680 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $115K a year to afford the median home price in The Lakes. Learn how much home you can afford with our Home Affordability Calculator. The average household income in The Lakes is $103K.

What are the best public schools in The Lakes?

The best public schools that serve The Lakes are:

• Fuller Elementary School has a B+ Niche grade, a student teacher ratio of 15:1 and an average review score of 5.0.
• McClintock High School has a B+ Niche grade, a student teacher ratio of 20:1 and an average review score of 3.8.
• Rover Elementary School has a B+ Niche grade and a student teacher ratio of 13:1.

What are the best private schools in The Lakes?

The best private schools that serve The Lakes are:

• Emmanuel Lutheran School has an A+ Niche grade and a student teacher ratio of 16:1.
• Our Lady Of Mount Carmel School has an A Niche grade, a student teacher ratio of 18:1 and an average review score of 5.0.
• Grace Christian Academy has an A Niche grade, a student teacher ratio of 12:1 and an average review score of 4.8.

What are the most popular zip codes in The Lakes, Tempe, AZ?

The most popular zip codes in The Lakes, Tempe, AZ include 85283, 85282, 85202, 85284 and 85224.

What are the most popular neighborhoods near The Lakes, Tempe, AZ?

The most popular neighborhoods near The Lakes, Tempe, AZ are Alameda, South Tempe, Dobson, West Tempe and Central Ridge.

Are home prices dropping in The Lakes?

Yes, home prices in The Lakes are down 2% in the last 12 months.

Home Trends in The Lakes, AZ

On average, homes in The Lakes, Tempe sell after 50 days on the market compared to the national average of 57 days. The median sale price for homes in The Lakes, Tempe over the last 12 months is $515,000, down 1% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$515,000

Median Single Family Sale Price

$555,000

Median Townhouse Sale Price

$351,250

Median 2 Bedroom Sale Price

$284,000

Average Price Per Sq Ft

$296

Number of Homes for Sale

60

Last 12 months Home Sales

232

Months of Supply

3.10

Median List Price

$537,450

Median Change From 1st List Price

4%

Median Home Sale Price YoY Change

-1%