
Tempe, AZ 85283
This Modern Waterfront Condominium represents a premium lifestyle opportunity, listed at $498,000—a price reflecting the stability of the local market against its $477,361 Fair Market Value. Boasting an exceptional Condition Rating of 2, this end unit features a high-end renovation with contemporary cabinetry and mint-condition flooring. Residents enjoy unobstructed panoramic lake views and access to The Lakes community amenities, including a fitness center and tennis courts. Proximity to Fuller Elementary School adds significant value. This move-in ready sanctuary is an ideal match for Owner-Occupants or first-time buyers seeking a turnkey retreat.
Property is new construction or fully renovated.
While originally built in 1977, the property has undergone a high-end, modern renovation within the last 5 years. The kitchen is fully updated with contemporary flat-panel cabinetry, stainless steel appliances, and premium countertops. The interior features mint-condition flooring, fresh paint, and updated lighting throughout, making it move-in ready with no visible maintenance needs.
As a premium end unit, the property offers exceptional lake views and waterfront living, providing a serene and high-demand atmosphere.
The upper-level positioning and lack of shared side walls offer a rare level of privacy and natural light, mimicking the feel of a detached residence.
Residents benefit from the robust amenities of The Lakes, including a clubhouse, fitness center, and various sports courts, enhancing the overall lifestyle value.
Built in 1977, the property may require updates to its original systems or interior finishes to meet modern energy efficiency and aesthetic standards.
The monthly HOA fee of $445 adds a significant recurring expense to the cost of ownership, which may impact the budget for some prospective buyers.
Waterfront living with standout lake views and a bright, open feel. This upper-level 3 bed, 2 bath end unit offers soaring ceilings in the main living area and an abundance of windows that fill the space with natural light. With no shared side walls, the home lives more like a private retreat while maintaining an open flow between the living, dining, and kitchen areas. Enjoy peaceful water views and a setting that feels both open and serene. Located in The Lakes with access to walking paths, lake access, clubhouse, fitness center, heated spa, tennis, pickleball, racquetball, and a children's playground, all in a convenient location near shopping, dining, and transit.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 60% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,407 | 1,151 | 60% |
| Lot Size | 1,425 | 776 | 60% |
| Price | $498.0K | $318.0K | 80% |
| Price per sq ft | $354 | $276 | 80% |
| Built year | 1977 | 1977 | 50% |
| HOA | $445 | $260 | 80% |
| Days on market | 56 | 843 | 20% |
Apr 19, 2026
$498,000
Initial Listing