Tempe, Arizona
Lakes Homes for Sale
Lakes is a lakeside community in Tempe where 68% of homes are two-story residences built between 1971 and 1989, with a median size of 2,105 square feet on 6,000-square-foot lots. Homes here command $599,000 at the median—26% above Tempe's city median—reflecting both the established neighborhood character and robust community amenities including a clubhouse, community pool and spa, fitness center, parks, playgrounds, and courts for pickleball and tennis. All properties are part of an HOA with a median fee of $386 per month, and 38% of homes feature pools. The market moves deliberately here, with homes spending a median 78 days on the market, suggesting measured buyer interest in this mid-century suburban setting.
Median Sold Price
Median $/SqFt
Median Days on Market
Sold-to-List Price
Based on 37 closed sales over the last 12 months · price range $265,000 – $1,293,460 · 38% have a pool. Source: ARMLS.
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Find My LakesMatch →Live Listings in Lakes
View all →Live active listings from ARMLS, updated continuously. Listings courtesy of their respective brokerages.
Why Lakes?
- •Full-service recreation: community pool, spa, clubhouse, fitness center, and dedicated pickleball and tennis courts
- •Established two-story homes on spacious lots with 38% pool ownership, built 1971–1989
- •Pricing 26% above Tempe median at $288 per square foot reflects lakeside positioning and amenity bundle
Schools
Tempe Union High School District (Rover Elementary, Fees College Preparatory Middle, Marcos De Niza High)
Lifestyle
Lakeside living with resort-caliber recreation nearby
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Schedule a ShowingLakes Real Estate FAQ
What is the typical home size and lot here?
The median home is 2,105 square feet with 2.5 baths and a 2-car garage, sitting on a 6,003-square-foot lot. Two-story homes make up 68% of the community.
What amenities come with the HOA fee?
The $386 median monthly HOA fee covers access to the community pool and spa, clubhouse and community center, fitness center, parks, playgrounds, and pickleball and tennis courts—plus landscaping and common-area maintenance.
How does Lakes pricing compare to Tempe overall?
At a median price of $599,000 ($288 per square foot), Lakes homes sell for 26% above the Tempe median, reflecting the lakeside setting and full amenity package. The price range spans $265,000 to $1,293,460.
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Chat About LakesLakes market data and analysis provided by Chat.RealEstate, an AI-powered licensed Arizona brokerage (ADRE CO721005000). For live listings, an AI home match, or to schedule a showing in Lakes, visit chat.realestate. © 2026 KairosIQ AI Realty, Inc. DBA Chat.RealEstate.
Listing data provided by Arizona Regional Multiple Listing Service (ARMLS). Each listing is courtesy of its respective listing brokerage. This property is not representative of the displaying agent’s or brokerage’s transaction history.
Information deemed reliable but not guaranteed. Buyer to verify all information. Equal Housing Opportunity. © 2026 Arizona Regional Multiple Listing Service, Inc.