
Tempe, AZ 85283
This Spacious 4-Bedroom Residence is a Prime Investment Opportunity, listed at $725,000—positioned well below the $742,251 Fair Market Value by 2%. This valuation gap offers $17,251 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home boasts a Granite Kitchen, slate flooring, and a Private Pebble Tech Pool. Located in the desirable Lakes Community with access to top-tier amenities, this property is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1613 E WEATHERVANE Lane Subject | $719,500* List Price | 4 | 3 | 2,670 | $280 | - |
A 1406 E BAYVIEW Drive Sold | $799,000 List Price | 4 | 3 | 2,691 | 0.3 mi | |
B 5624 S CROWS NEST Road Sold | $570,000 | 4 | 2 | 2,310 | $247 | 0.3 mi |
C 1849 E WATSON Drive Sold | $540,000 | 4 | 2 | 1,971 | $274 | 0.5 mi |
D 1539 E WESTWIND Way Active | $789,000 List Price | 4 | 3 | 2,670 | $296 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1973, the property has undergone significant renovations within the 5-15 year range, including a kitchen with granite countertops and soft-close cabinets. Systems are well-maintained with very recent AC units (2017/2022) and a 9-year-old furnace. The interior features move-in ready slate flooring, new paint, and updated bathrooms, meeting the criteria for a well-maintained, functional home.
Located in the highly sought-after Lakes Community, residents benefit from exclusive access to a comprehensive recreation center, including tennis courts, a fitness center, and sand volleyball.
The home features sophisticated finishes such as slate flooring, a reclaimed barn wood ceiling, granite countertops, and energy-efficient dual-pane windows with plantation shutters.
The backyard is optimized for the Arizona lifestyle with a sparkling pebble tech pool equipped with a high-efficiency pump, complemented by a gazebo and a spacious 3-car garage.
While the AC units are newer, the furnace and water heater are approximately 9 and 11 years old respectively, suggesting potential replacement costs in the near future.
Built in 1973, the property may possess older plumbing or electrical components that could require more maintenance compared to modern construction.
Welcome to this beautifully maintained 4-bedroom home in Tempe's desirable Lakes Community! Fresh interior paint, slate flooring, French doors, and a formal dining room create a warm and inviting atmosphere. The updated kitchen features soft-close cabinetry, granite countertops, a stunning reclaimed barn-wood ceiling, and a new stove (May 2026). It opens to the cozy family room with a fireplace and backyard access. Dual-pane windows and plantation shutters are found throughout the home. Upstairs, the spacious primary suite offers a sitting area, gas fireplace, and dual closets. Three additional bedrooms provide plenty of space for family, guests, or a home office. Enjoy Arizona living in the private backyard featuring a gazebo, mature lemon tree, and sparkling Pebble Tec pool, with a high-efficiency pump. A 3-car garage with built-in storage and a workbench adds convenience. Residents enjoy exclusive access to The Lakes Community Recreation Center, including tennis courts, pool and spa, fitness center, and sand volleyball. Recent updates include new interior paint, a new stove (2026), and A/C units replaced in 2017 and 202
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 81% |
| Square foot | 2,670 | 2,044 | 89% |
| Lot Size | 6,299 | 7,871 | 21% |
| Price | $719.5K | $360.0K | 87% |
| Price per sq ft | $269 | $247 | 53% |
| Built year | 1973 | 1978 | 34% |
| HOA | $405 | $0 | 98% |
| Days on market | 33 | 2342 | 2% |
May 31, 2026
$719,500
$725,000
-1% Price Drop
Initial Listing
May 5, 2026
$725,000
Initial Listing