309 E PEBBLE BEACH Drive, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 2 bath
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Tempe, AZ 85282
This Spacious Traditional Home represents a High-Potential Investment Opportunity, listed at $539,000—positioned well below the $480,301 Fair Market Value by -12%. While the list price exceeds the current valuation, the property offers significant upside through its 9,139 sqft lot and ADU potential. Featuring a Condition Rating of 3, the home includes a modernized kitchen and updated electrical systems. Its proximity to ASU and lack of HOA make this a versatile asset for Buy-and-Hold Investors or Owner-Occupants seeking a central Tempe location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 309 E PEBBLE BEACH Drive Subject | $539,000* List Price | 3 | 2 | 1,592 | $302 | - |
A 501 E HERMOSA Drive Sold | $539,000 List Price | 3 | 2 | 1,642 | 0.2 mi | |
B 4423 S NEWBERRY Road Sold | $399,900 | 3 | 2 | 1,396 | $286 | 0.9 mi |
C 4625 S RITA Lane Sold | $410,000 | 3 | 2 | 1,666 | $246 | 0.9 mi |
D 434 E CARSON Drive Sold | $515,000 | 3 | 2 | 1,640 | $314 | 0.5 mi |
E 617 E ELLIS Drive Sold | $589,900 | 4 | 2 | 1,836 | $321 | 0.7 mi |
F 1237 E MALIBU Drive Sold | $495,000 | 4 | 2 | 1,909 | $259 | 0.9 mi |
G 122 E HERMOSA Drive Active | $469,900 List Price | 3 | 2 | 1,522 | $309 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1962, the property has undergone a recent renovation (<5 years) including new flooring throughout, fully updated electrical systems, and a kitchen refresh with new quartz countertops and appliances. It is move-in ready and well-maintained, though some elements like the cabinetry and popcorn ceilings remain dated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9139, living area = 1592.
The home features significant upgrades including fully updated electrical systems, new flooring throughout, and a remodeled kitchen with quartz countertops and new appliances.
Situated just 3 miles from ASU and close to major freeways and shopping, this property offers exceptional convenience for students, faculty, and commuters.
Built in 1962, the property may still possess original structural elements or plumbing that could require future maintenance despite the recent cosmetic and electrical updates.
Its central location and proximity to ASU and major transportation routes may result in higher levels of ambient noise and local traffic congestion.
Great central Tempe home featuring a large yard, a spacious double garage, and fully updated electrical systems throughout the home. The interior boasts new flooring throughout the home and an updated kitchen complete with sleek quartz countertops, a new stove, and a modern microwave. This highly desirable split floorplan offers excellent functionality, while the expansive backyard includes two separate RV gates--one accessible from the alley and another on the side. Great yard to add an ADU. Located with no HOA, this property sits incredibly close to top-rated schools, freeways, premier shopping, and all that Tempe has to offer, with ASU just 3 miles up the road. It is the ideal for those looking to be central or parents looking to secure a fantastic property for their college stud For those needing public transportation, the city bus picks up all along College Ave, getting around is super easy if you don't have a car.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,592 | - |
| Lot Size | 9,139 | - |
| Price | $539.0K | $562.2K |
| Price per sq ft | $339 | $326 |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 30 | 2615 |
Jun 22, 2026
$539,000
Initial Listing