945 E PLAYA DEL NORTE Drive 5012, Tempe, AZ 85288, Tempe, 85288 - 2 bed, 2 bath
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Tempe, AZ 85288
This Luxury Waterfront Penthouse is listed at $494,900, representing a stable value at its $488,930 Fair Market Value. Featuring a Condition Rating of 3, the property is a move-in ready sanctuary highlighted by a Granite and Stainless Kitchen and a private terrace offering panoramic Waterfront and Mountain Views. The top-floor location ensures privacy while providing front-row access to Tempe Town Lake and resort-style amenities like a professional fitness center. This residence is an ideal match for urban professionals or Owner-Occupants desiring a sophisticated, maintenance-free lifestyle in the heart of Tempe.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 945 E PLAYA DEL NORTE Drive 5012 Subject | $494,900* List Price | 2 | 2 | 1,208 | $405 | - |
A 945 E Playa Del Norte Drive 5016 Active Under Contract | $475,000 List Price | 2 | 2 | 1,208 | $393 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, fitting the criteria for a home built between 10 to 20 years ago (2008). The kitchen features quality granite countertops and stainless steel appliances, and the bathrooms are clean with functional fixtures. While the cabinetry and carpeted vanity areas reflect the original 2008 styling rather than a recent full renovation, the overall condition shows minimal wear and tear and high pride of ownership.
As a top-floor unit, the property offers unobstructed, breathtaking views of Tempe Town Lake and the city skyline, providing a premium and highly sought-after living experience.
Situated minutes from ASU, Mill Avenue, and major transit routes like the 202 and light rail, this condo offers unparalleled access to Tempe's premier dining, shopping, and employment hubs.
The community features high-end amenities including a professional-grade fitness center, pool, and hot tub, catering perfectly to a luxury 'lock-and-leave' lifestyle.
At $750 per month, the association fees are significantly high for a two-bedroom unit, which may impact overall affordability and investment yield for some buyers.
The property's proximity to the 202 freeway, light rail, and the active Tempe Town Lake event area may result in higher ambient noise levels typical of dense urban environments.
Top floor, lock N leave, lake views? It only gets better from there! This 2-BD, 2-BA lakefront condo features luxurious split floor-plan, walk-in closet, and private terrace facing Tempe Town Lake! Granite and stainless steel kitchen is ready to cook, from dinner party or eggs at midnight. Step to the lake path at your door. Mill Ave, ASU, Tempe Marketplace, light rail, 202 all minutes away. Soon Tempe Waterfront gets a glorious a ferris wheel too; you'll have a front-row seat! Features? Skip the gym. Community fitness center rivals the best, pool, hot tub and gathering places too! Unwind in your private retreat or entertain w/breathtaking city lights. Nothing But View: Tempe Town Lake, wide open, every day. Golden hour isn't just a photo op- It's a typical Tuesday! EZ Lux Living -WOW!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.5 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,208 | 919.5 | 50% |
| Lot Size | 1,208 | 634.5 | 50% |
| Price | $494.9K | $357.4K | 50% |
| Price per sq ft | $410 | $379 | 50% |
| Built year | 2008 | 1995 | 50% |
| HOA | $750 | $452 | 50% |
| Days on market | 39 | 1718 | 50% |
Mar 14, 2026
$494,900
Initial Listing