
Tempe, AZ 85282
This Fully Renovated Turnkey Residence is listed at $269,000, representing a premium lifestyle asset with an Excellent Condition Rating. While the $232,690 Fair Market Value reflects standard area comps, this home stands out with a modernized kitchen, stone countertops, and contemporary flooring. Located in a gated community with a resort-style pool and spa, it offers immediate proximity to ASU and schools like Frank Elementary and Tempe High. This move-in-ready gem is the ideal match for Owner-Occupants or first-time buyers seeking quality and convenience in a high-demand corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4901 S CALLE LOS CERROS Drive 237 Subject | $263,000* List Price | 2 | 1 | 812 | $310 | - |
A 1628 W VILLAGE Way Sold | $227,500 | 2 | 2 | 884 | $257 | 0.9 mi |
B 4901 S CALLE LOS CERROS Drive 202 Active | $273,000 List Price | 2 | 1 | 812 | $336 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1985 property has been fully renovated recently, featuring a modernized kitchen with new white shaker cabinets, stone countertops, and stainless steel appliances. The interior boasts consistent contemporary flooring, updated recessed lighting, and a completely remodeled bathroom. The move-in-ready condition and high-quality finishes throughout the living spaces meet the criteria for an excellent rating despite the original build year.
The residence has been completely updated with a modernized kitchen, contemporary bathroom, and sophisticated color tones, offering a move-in-ready experience for the buyer.
Situated within three miles of ASU and downtown Tempe with immediate I-10 access, this property is ideally positioned for students, faculty, and commuters.
The property is located in a revitalization zone, poised to benefit from the upcoming South Tempe Square development and direct local infrastructure investments.
With only one bathroom for a two-bedroom unit, the layout may present challenges for roommates or small families seeking additional privacy and convenience.
The assigned public schools carry ratings between 3 and 4, which may be a drawback for families prioritizing high-performing educational districts.
Welcome to unit two thirty seven at Casa Los Cerros, a fully renovated residence in one of South Tempe's most sought after gated communities. This thoughtfully updated home has been completely remodeled with sophisticated color tones, a modernized kitchen, and a contemporary full bathroom. The community offers resort style amenities including a sparkling pool and spa, providing the perfect retreat on warm Arizona days. Located just two miles from downtown Tempe and three miles from Arizona State University's main campus, this property offers exceptional convenience for commuters and students alike. You're positioned to benefit from South Tempe's exciting revitalization, including the brand new South Tempe Square retail and dining destination launching in 2026 But wait there's more... Calle Los Cerros is located right in the middle of new direct Tempe development as well so the timing is perfect. The neighborhood provides easy freeway access via Interstate I-10, making Sky Harbor International Airport and Phoenix's employment centers readily accessible. Outdoor enthusiasts will appreciate proximity to South Mountain Park and its extensive hiking and biking trails, as well as Tempe Town Lake for recreation and events. This is an ideal opportunity to own in an established, well maintained community that's experiencing renewed growth and investment. Move in ready and competitively priced.
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades 6-8 • 2.7 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 1.0 | 2.0 | 23% |
| Square foot | 812 | 1,204 | 10% |
| Lot Size | 599 | 2,065 | 20% |
| Price | $263.0K | $330.0K | 27% |
| Price per sq ft | $324 | $252 | 87% |
| Built year | 1985 | 1973 | 87% |
| HOA | $320 | $205 | 97% |
| Days on market | 29 | 1661 | 3% |
Apr 19, 2026
$263,000
$264,000
+0% Price Increase
Initial Listing
Apr 16, 2026
$264,000
$269,000
-2% Price Drop
Initial Listing
Mar 24, 2026
$269,000
Initial Listing