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$995,000
7077345 MLS
PRIME TEMPE DEVELOPMENT OPPORTUNITY | RARE MULTIFAMILY BUILD SITE NEAR ASU | TWO PARCELS, ENDLESS POTENTIAL A rare opportunity to secure a prime redevelopment site in the heart of Tempe, just minutes from ASU. Located in one of the Valley's most sought-after multifamily submarkets, this offering includes two parcels, 124-70-002 and 124-70-003, with R-3 zoning allowing medium-density multifamily development. Whether you're an investor or developer looking to capitalize on the area's strong student-housing demand and proximity to ASU, this site offers an opportunity to bring your vision to life. Purchase both parcels together or separately, providing flexibility to suit your development strategy. Opportunities of this scale and proximity to ASU are rare to find.

1031 S Farmer Ave Lots 7 & -- Unit 8, Tempe
$999,900
3 Beds ⋅ 2 Baths ⋅ 7077239 MLS ⋅ 2,329 SqFt.
RARE TEMPE FIND! Come experience this stunning fully remodeled 3-bedroom, 2-bathroom, 2-car garage residence with a massive private diving pool, oversized lot and NO HOA! Nestled in the highly sought-after Raintree neighborhood of South Tempe, this exceptional property sits on an impressive approximately 17,254 sq ft lot, offering a level of space and privacy that is increasingly difficult to find in Tempe. From the moment you arrive, the freshly painted exterior and professionally updated low-maintenance landscaping create an inviting first impression. Step inside and discover a beautifully redesigned interior featuring brand-new wood-look flooring throughout the main living areas, plush patterned carpet in the bedrooms and smooth-coated walls that give the entire home a sophisticated, contemporary feel. The welcoming entry opens to a charming sunken living room highlighted by soaring vaulted ceilings and a stunning dual-sided fireplace, while the adjacent family room flows effortlessly into the completely remodeled kitchen. Designed to impress, the kitchen showcases striking black shaker cabinetry accented by brushed-gold hardware, crisp white countertops, upgraded stainless-steel appliances and a dramatic full-height custom tile backsplash. The spacious primary suite is a true retreat, featuring soaring vaulted ceilings, an oversized bedroom and an eye-catching whitewashed brick fireplace. The luxurious remodeled primary bath features a sleek black shaker dual vanity with white quartz countertops, a large walk-in shower and private toilet room. Separate exterior access from both the primary bedroom and bath provides an exceptional connection to the backyard and creates a private indoor-outdoor living experience. Outside, the expansive backyard is the star of the show! A massive remodeled diving pool with newly installed PebbleTec and all-new pool equipment creates your own private resort, while the oversized lot provides abundant space for entertaining, relaxing or creating the backyard you've always envisioned. Additional upgrades include new windows, new interior doors, new water heater, new window coverings, updated lighting and plumbing fixtures, new door hardware, new garage door opener and freshly epoxied garage floors. Every detail has been thoughtfully updated, allowing you to move in and enjoy without the expense and hassle of a major remodel. Located in the established Raintree neighborhood, this home offers the best of South Tempe living with mature surroundings, generous lots and the freedom of a NO HOA community. Enjoy convenient access to some of the East Valley's best shopping, dining, entertainment, parks, golf and recreation, while being just minutes from major freeways for an easy commute throughout the Valley. Arizona State University, Tempe Marketplace, Kiwanis Park, Downtown Tempe and the vibrant Chandler and Ahwatukee areas are all within easy reach. Properties offering this combination of a nearly 0.40-acre lot, remodeled interior, private diving pool, two fireplaces, oversized primary suite and NO HOA are exceptionally hard to find. Homes in this neighborhood rarely become available, making this a truly special opportunity to own one of South Tempe's standout properties. This is more than a remodeled home--it is a private Tempe retreat with the space, style and flexibility you've been looking for. Don't miss it!

129 E Citation Lane, Tempe
$998,000
4 Beds ⋅ 3 Baths ⋅ 7074836 MLS ⋅ 3,461 SqFt.
Late midcentury ranch meets desert contemporary in this one-of-a-kind custom home in highly coveted Alameda Estates. Warm earth tones, natural wood textures and playful patterns create a distinctive style, while soaring vaulted ceilings with exposed wood beams bring dramatic volume. Wood-framed doors add character throughout. The grand primary suite features a generous seating area, and nearly every bedroom offers a walk-in closet. An oversized pantry provides incredible storage or flexible bonus space. Set on a massive cul-de-sac lot with endless possibilities and topped with a new roof, this truly cool home offers personality, space and an exceptional location in the heart of Tempe

123 E Loma Vista Drive, Tempe
$1,000,000
5 Beds ⋅ 3 Baths ⋅ 7070883 MLS ⋅ 2,797 SqFt.
Lovingly maintained and thoughtfully updated, this beautiful 5-bedroom, 3-bathroom semi-custom Tempe home sits on over a third of an acre in the desirable Duskfire community, offering an unbeatable location with easy access to three freeways, Sky Harbor Airport, and the entire Valley. 5-minute walk to Kyrene Elementary and Mary & Moses Green Park. This no-HOA community reflects true pride of ownership throughout. Owned and lovingly renovated twice by only its second owners, the home features a fully updated kitchen with a Sub-Zero refrigerator, Wolf induction cooktop, 42' cabinetry, soft-close drawers, pull-out shelving, granite countertops, a large island, updated hood and backsplash, and a bright dining area. The split floor plan is enhanced by plantation shutters and honeycomb shades designer paint, LVT flooring, and an updated stone fireplace. Outside, the expansive third-acre lot is an entertainer's dream: a PebbleTec diving pool with water feature, updated cool decking, a lush lawn, and an extended covered lanai wired for lights, fans, and speakers. An extended driveway offers ample RV/boat parking. Recent updates include a 2018 roof and both AC units replaced in 2020, plus gutters throughout. There's truly nothing left to do - just move in and enjoy. Residents also enjoy Warner Ranch community amenities, including parks, greenbelts, tennis, basketball, volleyball, and pickleball courts, playgrounds, and walking/biking paths. A rare find in Duskfire and prime Tempe location!

224 W Knox Road, Tempe
$915,000
5 Beds ⋅ 3 Baths ⋅ 7063613 MLS ⋅ 2,998 SqFt.
Located in the highly sought after Camelot Village community in South Tempe, this beautifully updated home offers the perfect blend of space, style, and function. Featuring five bedrooms and three full bathrooms, this stunning home boasts a fully remodeled kitchen, an oversized wraparound peninsula, abundant updated cabinetry and marbled quartz countertops. The show stopper is a custom Lacanche 54-inch gas range including a French hot plate, griddle, multiple burners and electric double ovens. This custom range was handcrafted in Burundy, the birthplace of French cuisine and shipped to Tempe, Arizona. In addition, there is a wall oven and microwave making this kitchen a cook's dream! Throughout the house there are multiple updates including a vaulted tongue and groove ceiling with built in can lights, custom tilt-turn European windows and beautifully updated light fixtures throughout. The two secondary baths have been fully renovated with exquisite marble tile work, while large, upgraded windows fill the home with natural light. You'll also enjoy the bonus space attached to the primary bedroom that could be used as a sitting room or office space. Step outside to your own backyard oasis. It is truly an entertainer's dream! With thoughtful updates, generous living space, an unbeatable South Tempe location, and no HOA, this is a home you won't want to miss!

1956 E Carmen Street, Tempe
$900,000
6 Beds ⋅ 3 Baths ⋅ 7048134 MLS ⋅ 2,926 SqFt.
No HOA! This beautifully recently updated pool & Casita property comes loaded with premium improvements and exceptional features. Enjoy the peace of mind that comes with all-new sewer lines, a new roof, new energy-efficient windows, new flooring, new interior and exterior paint, new baseboards, new French doors, and remodeled bathrooms throughout. The bright, modern kitchen features new white cabinetry, a large island with granite countertops, stainless steel appliances, and a new microwave. Enjoy the holidays around your refinished wood-burning fireplace in the large living room off the kitchen. Step outside to your private backyard retreat, complete with a large diving pool, artificial grass, and a newly refinished patio--perfect for entertaining or relaxing. The spacious, privately fenced lot offers plenty of room to enjoy Arizona living, and you will appreciate the complete privacy of a huge lot with no homes behind you. Car enthusiasts, hobbyists, or those needing extra workspace will appreciate the air-conditioned 4-car garage. The separate backyard casita-guest house has its own air conditioning and provides flexibility for guests or rental income. The front yard has all-new landscape rock for a low-maintenance yard.

2515 S Palm Drive, Tempe
$949,000
6 Beds ⋅ 4 Baths ⋅ 7047489 MLS ⋅ 3,178 SqFt.
Spacious and beautifully updated, this 6-bedroom, 4-bath home offers exceptional versatility in a quaint neighborhood just minutes from the ASU campus. Recent upgrades, including new AC units, provide modern comfort and peace of mind. The private backyard features a sparkling pool surrounded by mature landscaping, creating the perfect space to relax or entertain. With no HOA, you'll enjoy added flexibility and freedom. This property has generated positive cash flow as a rental, making it an outstanding investment opportunity, while its generous layout also makes it ideal for multigenerational living. A rare combination of size, location, updates, and income potential!

137 E Vista Del Cerro Drive, Tempe
$975,000
7 Beds ⋅ 7 Baths ⋅ 7042057 MLS ⋅ 2,597 SqFt.
WOW! 7 bedroom & 7 bathroom home! Completely renovated with city approved permits! This exceptional property is a very high grossing rental investment, offering strong income potential. Recent upgrades include all new sewer lines, bathroom plumbing, new electrical/new city meter, and newer AC's! Enjoy 2 new tankless water heaters, seven fully updated bathrooms, new flooring throughout, and all new windows and doors. The exterior has been transformed with fresh stucco/paint, along with new driveway pavers. This is a turnkey property with modern systems and excellent rental appeal! Ideally situated in the heart of Tempe, this remarkable property is just one block from ASU and within walking distance of Mill Avenue's vibrant dining, shopping, and entertainment scene. DON'T WAIT !!

725 E Encanto Drive, Tempe
$1,000,000
7037142 MLS
3353 S Rural Road presents a rare opportunity to acquire a ±0.57-acre (24,971 SF) commercial parcel in one of Tempe's most established and supply-constrained infill corridors. Zoned CSS (Commercial Shopping & Services), the property offers flexibility for a variety of retail, office, service-commercial, medical, and mixed-use development concepts. Positioned along the highly trafficked Rural Road corridor, the site benefits from exceptional visibility, convenient access, and immediate proximity to major transportation routes including Interstate 10, Loop 101, and Loop 202.

3353 S Rural Road Unit -, Tempe
$929,000
3 Beds ⋅ 4 Baths ⋅ 7009630 MLS ⋅ 2,114 SqFt.
New Houses, New subdivision in the Country Club Way subdivision in the heart of Tempe. Across the street from the previous Shalimar Golf Course. This new exclusive housing subdivision is equipped with well thought out high end finishes throughout. Pre-wired for smart housing and an EV in the garage. The builder is currently in the process of finalizing the homes, bringing together all elements for a completed, move-in-ready product. Finished home should be ready by May of 2026.

3230 S Country Club Way, Tempe
$995,000
2 Beds ⋅ 3 Baths ⋅ 7001309 MLS ⋅ 1,968 SqFt.
Experience elevated waterfront living at Edgewater, where unobstructed views of the lake and the iconic Mill Avenue Bridge create a striking backdrop to everyday life. Expansive picture windows immediately draw your attention outward as rowing crews glide across the water, cyclists trace the shoreline, and the energy of downtown unfolds just beyond. The open concept design is intentional, maximizing natural light while seamlessly connecting interior living spaces to the surrounding scenery. This unique two bedroom, two and a half bathroom floor plan offers noticeably more living space than similar units on higher floors due to the architectural shape of the building, creating a larger and more functional layout that is rarely available. The guest suite is exceptionally spacious and currently accommodates two queen Murphy beds, a standup desk, and dedicated space for yoga and fitness, making it larger than many primary suites within the building. The guest bathroom is positioned just off the suite, while an additional half bath near the entry foyer allows for effortless hosting of both long term guests and everyday entertaining. The primary suite serves as a true retreat, offering generous proportions with an oversized layout that provides more than enough space for a king sized bed, a dedicated office or desk setup, or an additional sitting area. The spa inspired bathroom is designed for both comfort and privacy. Two private balconies provide front row access to morning sunrises and vibrant Arizona sunsets reflected across the water. The kitchen is both functional and refined, anchored by a waterfall island and designed to flow seamlessly into the main living and dining areas. Additional features include engineered hardwood flooring, automated Hunter Douglas window coverings, a gas fireplace, and secure parking with climate controlled storage. Located within Edgewater at Tempe Town Lake, this iconic building offers a full suite of resort style amenities. Residents enjoy a gated garage, a front desk attendant with on site security, a pool and jacuzzi, fitness center, and a private community lawn with lounge areas and grills. Additional shared spaces include a clubhouse with kitchen, television lounge and a pool table room. Direct access to Tempe Town Lake's dock, as well as immediate connection to the lake's walking and biking paths, places the outdoors at your doorstep. Edgewater is professionally managed with on site HOA management and strong reserves, offering peace of mind through thoughtful, well maintained operations. With A Mountain and Tempe Town Lake as your playground and seamless access to Tempe, Phoenix, and Scottsdale, this residence delivers a rare balance of tranquility, convenience, and iconic desert living.

120 E Rio Salado Parkway Unit 204, Tempe
$959,000
3 Beds ⋅ 4 Baths ⋅ 6987756 MLS ⋅ 3,176 SqFt.
Waterfront home on The Island - A Rare Opportunity (only 3 waterfront homes on Lighthouse Lane have sold in the last 20+ years). Expansive Lake Views from almost every room in this 3 Bed + den/3.5 Bath house with endless possibilities for a homeowner or investor - check out the comps! The main level features an elevated view of the lake and a full length covered balcony, a large living room with vaulted ceilings, kitchen, breakfast room, den and an oversized 3-car garage with plenty of storage and room for a workshop. Downstairs features all three bedroom suites, creating a private sleeping quarters floor separate from the main living areas! Be sure to check out all the amenities offered at the clubhouse which include a heated junior olympic pool, cardio/fitness rooms, tennis and pickleball courts, and much more! You'll Love Living in The Lakes!

5445 S Lighthouse Lane, Tempe
$1,000,000
8 Beds ⋅ 4 Baths ⋅ 6974014 MLS
Looking to start the year off with a great investment opportunity or to house hack in one of the city's strongest rental markets? Look no further than 1224 S Smith Rd. This well-located 4-plex sits in a high-demand rental corridor minutes from ASU, light rail, downtown Tempe, major freeways, and employment hubs. Surrounded by major education, transportation, and lifestyle anchors that drive consistent tenant demand year-round. With strong tenant demand, low vacancy risk, and value-add upside through rental optimization makes this a rare opportunity in one of Tempe's most desirable investment locations.

1224 S Smith Road, Tempe

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