5605 S SPINNAKER Road, Tempe, AZ 85283, Tempe, 85283 - 2 bed, 2 bath
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Tempe, AZ 85283
This Renovated Single-Story Residence is listed at $535,000, positioned relative to its $486,944 Fair Market Value to reflect extensive recent capital improvements and premium community placement. Boasting a Condition Rating of 2, the home features a Granite Kitchen, new porcelain tile flooring, and a high-efficiency Trane HVAC system. Residents enjoy a maintenance-free lifestyle with a Private Patio and exclusive access to The Lakes Beach and Tennis Club amenities. Located near Fuller Elementary and Marcos De Niza High, this turnkey property is a perfect match for Owner-Occupants or downsizers seeking a polished sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5605 S SPINNAKER Road Subject | $529,900* List Price | 2 | 2 | 1,282 | $379 | - |
A 5632 S JOLLY ROGER Road Sold | $515,000 | 2 | 2 | 1,294 | $398 | 0.3 mi |
B 1532 E WESTWIND Way Sold | $570,000 | 3 | 2 | 1,612 | $354 | 0.2 mi |
C 407 E AUBURN Drive Active Under Contract | $475,000 List Price | 3 | 2 | 1,328 | $358 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1971, the property has undergone a comprehensive recent renovation (<5 years) including brand new wood-look porcelain tile, carpet, and appliances. Key systems and features have been updated with a new hot water heater, Trane HVAC, and granite countertops in both the kitchen and bathrooms, meeting the criteria for mint condition with no immediate maintenance required.
The property is move-in ready with significant modern improvements, including brand new porcelain tile flooring, granite countertops, new appliances, and a high-efficiency Trane HVAC system.
Residents gain access to the highly desirable Lakes Beach and Tennis Club, featuring a clubhouse, heated Olympic-size pool, fitness center, and courts for tennis and pickleball.
The home features a functional single-level floor plan with no interior steps, offering excellent accessibility and appeal for a wide range of buyers.
The monthly association fee of $405 represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
The assigned public schools for this location have average ratings ranging from 4 to 5, which may be a consideration for families prioritizing high-performing educational districts.
Upgraded Single-Story home in the beautiful sought after Tempe Lakes Subdivision. Brand new flooring throughout. New premium wood-look porcelain tile, new carpet/pad in bedrooms. New fixtures, ceiling fans, lighting, appliances, hot water heater. Granite countertops in kitchen and baths. Trane HVAC system. Roomy 2 car garage with cabinets. Charming, quaint and private backyard to relax. Paver front courtyard. Beautiful location with mature trees and low-maintenance landscaping. Nestled back on a quiet street. Walking distance to schools and lake. Enjoy The Lakes Beach and Tennis Club which has various activities year round. Many amenities include a clubhouse, heated olympic-size lap pool, heated spa, tennis and pickleball courts, large cardio/fitness room and so much more!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 11% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,282 | 1,971 | 13% |
| Lot Size | 4,783 | 7,871 | 2% |
| Price | $529.9K | $360.0K | 68% |
| Price per sq ft | $413 | $247 | 94% |
| Built year | 1971 | 1978 | 6% |
| HOA | $405 | $0 | 98% |
| Days on market | 51 | 2342 | 2% |
May 17, 2026
$529,900
$535,000
-1% Price Drop
Initial Listing
Apr 17, 2026
$535,000
Initial Listing