
Tempe, AZ 85281
This New Construction Single-Family Home is listed at $785,000, offering exceptional value right at its $785,000 Fair Market Value. Boasting a Condition Rating of 2, this 2025 build features high-quality spray foam insulation, dual HVAC units, and a modern kitchen with a waterfall-style island. Located under a mile from ASU and Mill Avenue, the home is served by Scales Technology Academy and Tempe High School. With a split floorplan and no HOA fees, it is a perfect fit for Owner-Occupants seeking a modern retreat or Buy-and-Hold Investors targeting the high-demand university rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 415 S ROBERT Road S Subject | $785,000* List Price | 5 | 3 | 2,530 | $310 | - |
A 826 W 12TH Street Active | $929,000 List Price | 5 | 6 | 2,471 | $376 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a 2025 new construction home featuring high-end modern finishes throughout. The property includes a contemporary kitchen with a large waterfall-style island, stainless steel appliances, and a wine fridge. The bathrooms are luxuriously appointed with marble-patterned tile, a freestanding soaking tub, and modern black fixtures. With energy-efficient spray foam insulation, dual HVAC units, and brand-new flooring and lighting, the home meets the highest quality standards with no physical depreciation.
Situated less than a mile from ASU, Mill Avenue, and Tempe Town Lake, this property offers unparalleled access to major employment hubs, entertainment, and transit.
As a 2025 new construction, the home features high-quality 2x6 framing, spray foam insulation, and dual HVAC units, ensuring lower utility costs and modern structural integrity.
With five bedrooms, a split floorplan, and no HOA fees, this property is perfectly configured for a high-yield student rental or a flexible multigenerational primary residence.
The assigned middle and high schools carry lower performance ratings, which may be a consideration for families prioritizing top-tier public education.
Its proximity to the university and downtown core may result in increased local traffic and noise levels compared to more secluded suburban neighborhoods.
Rare new construction in the heart of Downtown Tempe! This 5-bed, 3-bath single-family home located under a mile from ASU, Mill Ave, and Tempe Town Lake. Built with high-quality 2x6 construction, energy-efficient foam insulation, and dual HVAC units for year-round comfort. Home includes one year builder warranty. The split floorplan offers ideal privacy for guests or multigenerational living. No HOA fees mean more freedom and lower monthly costs. Just 7 minutes to Sky Harbor and 15 to downtown Phoenix. A perfect fit for a primary home, student rental, or modern urban retreat. Construction to be completed by Oct. 15. Don't miss this rare opportunity in one of Tempe's most desirable areas! Welcome to your new home!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 3.0 | 2.0 | 83% |
| Square foot | 2,530 | 1,552.5 | 97% |
| Lot Size | 6,821 | 7,050.5 | 47% |
| Price | $785.0K | $266.0K | 93% |
| Price per sq ft | $310 | $186 | 67% |
| Built year | 2025 | 1958 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 341 | 2129 | 20% |
May 16, 2025
$785,000
Initial Listing