945 E PLAYA DEL NORTE Drive 5020, Tempe, AZ 85288, Tempe, 85288 - 2 bed, 2 bath
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Tempe, AZ 85288
This Luxury Top-Floor Waterfront Condo is listed at $489,900, representing a stable acquisition at its $489,900 Fair Market Value. Maintaining a Good Condition Rating, the residence is move-in ready with a Granite Kitchen, stainless steel appliances, and gas cooking. Residents enjoy a premium lifestyle defined by panoramic Waterfront and City Views of Tempe Town Lake and Papago Park. Its proximity to ASU and major freeways ensures high demand and convenience. This sophisticated retreat is ideal for Urban Professionals or Owner-Occupants seeking a high-end lakeside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 945 E PLAYA DEL NORTE Drive 5020 Subject | $489,900* List Price | 2 | 2 | 1,287 | $381 | - |
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.
Built in 2008, this property is approximately 18 years old, placing it within the 10-20 year range for a 'good' condition score. The unit is move-in ready and features well-maintained modern finishes including granite countertops, stainless steel appliances with a gas cooktop, and newer carpeting. While the style reflects the original construction period rather than a recent full renovation, the property shows minimal wear and tear and requires no immediate repairs.
Positioned on the top floor, this unit offers exceptional panoramic views of Tempe Town Lake, the city skyline, and Papago Park, significantly increasing its desirability.
The property is ideally located near ASU, Papago Park, and major freeways, offering a perfect balance of peaceful lakeside living and immediate access to dining, shopping, and nightlife.
The condo features high-end upgrades including granite countertops, stainless steel appliances with a gas range, and an open floor plan with private balcony access from both bedrooms.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1287, other record living area = 1208.
The association fee of $740 per month is substantial and may be a deterrent for buyers sensitive to high recurring monthly expenses.
With 74 days on the market and a recent price reduction, the property may be facing challenges with its initial pricing strategy or current market competition.
Live on the top floor of this luxury condominium! Close to dining, shopping, nightlife, with outdoor recreation are just minutes away. Enjoy easy access to Tempe Town Lake, Papago Park, ASU, and major freeways while enjoying a peaceful lakeside setting. Enjoy granite countertops, tile & newer carpet throughout, stainless-steel appliances, including a gas stove top. The open & bright floor plan. Both bedrooms include walk-in closets and private exits to a balcony, offering beautiful views of the lake, city, skyline, and Papago Park. It's the perfect location... Now vacant! Must see!
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 | 1,287 | 959 | 50% |
| Lot Size | 1,208 | 634.5 | 50% |
| Price | $489.9K | $354.9K | 50% |
| Price per sq ft | $381 | $365 | 50% |
| Built year | 2008 | 1995 | 50% |
| HOA | $740 | $448 | 50% |
| Days on market | 80 | 1738 | 50% |
Apr 16, 2026
$489,900
$499,900
-2% Price Drop
Initial Listing
Feb 1, 2026
$499,900
Initial Listing