
Tempe, AZ 85283
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $549,000—positioned well below the $535,462 Fair Market Value by -2%. Featuring a Mint Condition Rating with recent high-end renovations, this home offers a picturesque lakefront view and a functional, single-level layout. Located near top-rated schools like Fuller Elementary, it provides a serene lifestyle in the Tempe Lakes Community. This property is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or first-time buyers prioritizing quality and location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1534 E SOUTHSHORE Drive Subject | $549,000* List Price | 3 | 2 | 1,620 | $331 | - |
A 1532 E WESTWIND Way Sold | $570,000 | 3 | 2 | 1,612 | $354 | 0.2 mi |
B 1849 E WATSON Drive Sold | $540,000 | 4 | 2 | 1,971 | $274 | 0.3 mi |
C 1704 E BELL DE MAR Drive Sold | $468,320 | 3 | 2 | 1,832 | $256 | 0.8 mi |
D 1500 E EDGEWATER Drive Pending | $629,000 List Price | 3 | 2 | 1,660 | $379 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure dates to 1972, the interior has undergone a comprehensive recent renovation (likely within the last 5 years). The kitchen features modern stainless steel appliances, updated white cabinetry, and a contemporary tile backsplash. Bathrooms are fully modernized with new shaker-style vanities, black hardware, LED-backlit mirrors, and updated large-format tile surrounds. The property is in mint, move-in ready condition.
The property offers rare and picturesque lakefront views within the prestigious Tempe Lakes Community, providing a tranquil and high-value waterfront setting for residents.
A gated front courtyard with lush landscaping and a covered rear patio create multiple private, serene spaces for outdoor relaxation and seamless indoor-outdoor entertaining.
The 1,620 sqft single-story floor plan features an oversized great room and a spacious primary suite, offering an accessible and open living environment suitable for various lifestyles.
Built in 1972, the home may require capital improvements or modernization of its original systems and finishes to align with contemporary energy efficiency and design standards.
The $405 association fee represents a substantial recurring monthly expense that may impact overall affordability and the debt-to-income ratio for prospective buyers.
Charming single-level home with 3 bedrooms and 2 bathrooms, nestled within the Tempe Lakes Community. Residence offers picturesque lakefront views, providing a tranquil and scenic setting for everyday living. A private, fenced, and gated courtyard welcomes you with a lush, grassy front yard that seamlessly wraps around to the side of the home. Property is surrounded by beautiful, mature landscaping, creating a serene and inviting outdoor environment. Entering the home, you are greeted by an oversized great room with a cozy fireplace. An Arcadia door opens from the great room onto a covered patio, perfect for relaxing or entertaining while enjoying the stunning views. The primary bedroom features double closets, dual sinks. Residents have access to exceptional community amenities.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,620 | 1,971 | 28% |
| Lot Size | 6,508 | 7,871 | 23% |
| Price | $549.0K | $360.0K | 70% |
| Price per sq ft | $339 | $247 | 79% |
| Built year | 1972 | 1978 | 19% |
| HOA | $405 | $0 | 98% |
| Days on market | 17 | 2341 | 2% |
May 20, 2026
$549,000
Initial Listing