Tempe AZ Homes for Sale

Tempe Homes for Sale

Tempe is the urban core of the East Valley — the most walkable, transit-connected city in the Phoenix metro. Home to Arizona State University (one of the largest research universities in the country), State Farm Insurance, PayPal's North American headquarters, and a growing cluster of tech and fintech companies along the 101 and I-10 corridors. Tempe Town Lake anchors a 20-acre waterfront park in the middle of the city, with paddleboarding, rowing, and a shoreline trail.

The Market

Tempe's real estate market has wide variance. Older neighborhoods near ASU start in the $300s for condos; single-family homes in established neighborhoods like Tempe Gardens, Warner Ranch, and Kyrene de las Lomas run $400K–$800K. Waterfront properties along Tempe Town Lake and newer construction near the 202 run higher. Price-per-square-foot runs $200–$400+ depending on location and condition.

Why Engineers Choose Tempe

  • PayPal North America HQ and State Farm's campus are both in Tempe — major employers for software engineers and data scientists
  • Light Rail connects central Tempe to downtown Phoenix, Sky Harbor Airport, and Mesa — useful if you fly frequently for work
  • Tempe Town Lake and the Rio Salado trail system offer 30+ miles of paved multi-use paths within the city
  • ASU Research Park at Elliot and Price roads houses dozens of tech companies and spinoffs
  • More urban, walkable neighborhood character than most Phoenix metro cities
  • Shorter commute to Chandler's Intel corridor (15–20 minutes) than most Scottsdale zip codes

What to Know Before You Buy

Tempe has significant inventory variation — some neighborhoods near ASU have high renter density and investor ownership, which affects community character and HOA governance. I'll help you identify the owner-occupied neighborhoods that typically outperform on both stability and appreciation. Tempe also sits in a flood plain in several areas near the lake — I'll check FEMA flood zone maps on any property near the waterfront.

Contact me for current Tempe market data and neighborhood comparisons.

Homes for Sale in Tempe AZ

$4,595,000
3 Beds ⋅ 4 Baths ⋅ 6934858 MLS ⋅ 5,186 SqFt.
Soar where the eagles fly--atop Tempe Town Lake's most exclusive residence, Bridgeview Condominiums. Spacious 12th-floor penthouse redefines Arizona luxury with 5,186 sq ft of sophisticated design and breathtaking lake, mountain, and skyline views. Three ensuite retreats, a chef's kitchen with Sub-Zero, Wolf & Miele appliances, and expansive private terraces create the ultimate indoor-outdoor lifestyle. Every detail reflects refined craftsmanship, privacy, and prestige unmatched anywhere in the Valley--even Scottsdale. Enjoy a private elevator, spa, and the some of the largest patios in the building ideal for relaxing or entertaining under the stars. Built with premium glass, steel, and Triple-Pane windows for quiet comfort. Includes three gated parking spaces Enjoy a private elevator, spa, and the some of the largest patios in the buildingideal for relaxing or entertaining under the stars. Built with premium glass, steel, and Triple-Pane windows for quiet comfort. Includes three gated parking spaces and climate-controlled storage. Bridgeview residents enjoy a heated pool, spa, gym, sauna, media lounge, and BBQs + 24 Hr. Desk Service. Steps from Mill Ave, ASU Gammage, and Tempe Center for the ArtsEIGHT New Restaurants...offering the best of luxury urban living in Arizona.

140 E Rio Salado Parkway Unit 1205, Tempe
$3,950,000
4 Beds ⋅ 5 Baths ⋅ 7020201 MLS ⋅ 3,783 SqFt.
Welcome to one of the most exclusive penthouse opportunities in the Valley. Perched atop Bridgeview at Hayden Ferry Lakeside, this rare 12th-floor residence offers 4 bedrooms, 4.5 bathrooms, & 3,783 SF of fully renovated, two-story living. Positioned at one of the highest vantage points on Tempe Town Lake, it captures panoramic views of Hayden Butte (A Mountain), Camelback Mountain, the Papago Mountains, the lake, ASU, & the city skyline--stretching from sunrise to city lights. A dramatic arrival is defined by 18-foot ceilings, a two-story wall of glass, & a sculptural spiral staircase. The open layout flows through the great room, dining, & a chef's kitchen with Wolf, Miele, & Sub-Zero appliances. Floor-to-ceiling glass opens to two private terraces for seamless indoor-outdoor living.

140 E Rio Salado Parkway Unit 1201, Tempe
$3,040,000
7037124 MLS ⋅ 9,810 SqFt.
3345 S Rural Road presents a rare owner-user acquisition opportunity in one of Tempe's most established commercial corridors. Situated on approximately 0.677 acres (29,490 SF) with direct frontage along Rural Road, the property offers a highly functional freestanding building with exceptional accessibility to Southern Avenue, Loop 101, Loop 202, Interstate 10, and the broader Southeast Valley. The property benefits from its proximity to major employment centers, residential neighborhoods, and the continued growth of the nearby Arizona State University area. Recent renovations and a flexible layout position the asset for a variety of educational, office, medical, nonprofit, or institutional users seeking a well-located campus environment with strong long-term value

3345 S Rural Road, Tempe
$2,900,000
3 Beds ⋅ 3 Baths ⋅ 7033481 MLS ⋅ 2,945 SqFt.
Experience elevated luxury living from the 11th floor of Bridgeview at Hayden Ferry Lakeside, one of Tempe's premier waterfront towers. This expansive 3 bedroom, 3 bathroom residence offers 2,964 square feet of sophisticated living space with breathtaking panoramic views of Tempe Town Lake, Camelback Mountain, Papago Mountains, Sun Devil Stadium, Sky Harbor Airport, and the city skyline through dramatic floor-to-ceiling glass. Designed for both entertaining and everyday living, the open-concept floorplan is filled with natural light and showcases striking architectural windows that enhance the incredible views from nearly every room. The spacious kitchen features high-end appliances, granite countertops, generous prep space, and seamless flow into the living and dining areas. One of the most exceptional features of the home is the expansive private patio, offering an incredible outdoor living experience. Whether relaxing or entertaining, the patio perfectly captures the stunning sunsets, city lights, and waterfront views that make this residence so special. The luxurious primary suite offers floor-to-ceiling windows, spa-like bathroom amenities, and impressive views, while the additional bedrooms provide ideal space for guests or a home office. Additional features include premium parking spaces conveniently located near the elevators and private storage. Bridgeview residents enjoy resort-style amenities including a pool & spa, fitness center, community room, outdoor entertaining areas, concierge-style living, and one of the best locations in Tempe. Just moments from ASU, Mill Avenue, Tempe Beach Park, light rail, Sky Harbor Airport, dining, shopping, entertainment, and freeway access. Ideal as a full-time residence or lock-and-leave luxury retreat.

140 E Rio Salado Parkway Unit 1103, Tempe
$2,600,000
3 Beds ⋅ 2 Baths ⋅ 7057029 MLS ⋅ 1,716 SqFt.
An exceptional redevelopment opportunity in the prestigious Tally Ho Farms community! Situated on a sprawling 1.34-acre lot in one of Tempe's most coveted luxury neighborhoods, this property is being offered primarily for land value and is an ideal scrape-and-build opportunity for investors, developers, or those looking to create a custom estate. Surrounded by multimillion-dollar homes, this premier parcel offers endless potential in an area where luxury development continues to thrive. A recent nearby sale closed at $6,500,000, highlighting the incredible upside and strong demand for new construction in the neighborhood. With ample space to design a world-class residence complete with guest house, resort-style amenities, RV garages, or private sport courts (subject to applicable approvals), opportunities like this are becoming increasingly rare. Bring your vision and capitalize on one of the last premier redevelopment opportunities in Tally Ho Farms.

12001 S 71st Street, Tempe
$2,394,800
5 Beds ⋅ 5 Baths ⋅ 6940341 MLS ⋅ 5,396 SqFt.
Beautifully remodeled basement home in the heart of South Tempe, located in sought-after Circle G Ranches! This stunning 5 bed, 4.5 bath estate features a new roof, HVAC, and water heater, plus modern designer finishes throughout. Enjoy hardwood flooring, cathedral ceilings, and a great room with a newly tiled fireplace. The gourmet kitchen offers an oversized island, built-in refrigerator, quartz countertops, and stainless steel appliances. Main-floor primary suite includes a spa-like bath with rainfall shower, soaking tub, custom walk-in closet, and private courtyard w/ hot tub. Spacious basement features an entertainment area, guest room, and game room. Entertainer's backyard with sparkling pool, large grassy area, and RV gate. Extended driveway and 3-car garage with epoxy floors.

2173 E La Vieve Lane, Tempe
$2,236,355
7059931 MLS
Listing includes two parcels: 135-41-025B & 024A

2227 E Mcarthur Drive Unit -, Tempe
$1,999,000
5 Beds ⋅ 3 Baths ⋅ 7016727 MLS ⋅ 4,400 SqFt.
Tucked away on a quiet cul-de-sac in the highly sought-after Circle G community, this modern estate -- recently redesigned by Design Collective -- offers the perfect blend of privacy, space, and elevated design. Thoughtfully redesigned and expanded with high-end, custom finishes throughout, the interior reflects a clean, modern aesthetic with a warm, livable feel. Every detail has been carefully curated, resulting in a home that shows like a designer model. Expansive living spaces, abundant natural light, and seamless flow make it ideal for both everyday living and entertaining. A three-car garage with EV charging and a fully integrated smart home system--including Hunter Douglas motorized shades, automated irrigation, Nest climate control, mesh WiFi, and Alexa integration bring convenience to a new level. The premium lot is equally impressive. A heated resort-style pool and spa blend into the lush backyard, complemented by a large cabana and outdoor fireplace, perfect for relaxing evenings or hosting guests. With ample capacity for an ADU, sport court, or expansive gardening, the property offers a level of space and privacy that is increasingly rare. Residents of Circle G enjoy access to private tennis and pickleball courts, a playground, park, and a calendar of exclusive community events--creating a lifestyle that's as connected as it is refined.

2002 E Caroline Lane, Tempe
$1,950,000
7013599 MLS
This ±1-acre site consists of two contiguous parcels located in Tempe's highly desirable Maple Ash Neighborhood, just steps from Arizona State University, Mill Avenue, and downtown Tempe. The property is zoned R-2, allowing up to 10 units per acre, and is designated Multi-Family Low-Moderate in the Tempe 2050 General Plan. This is a well-located infill opportunity in one of Tempe's most walkable and high-demand rental markets.

63 W 13th Street Unit 63 & 69, Tempe
$1,899,000
11 Beds ⋅ 8 Baths ⋅ 7087067 MLS
Marcus & Millichap has been retained as the exclusive listing agent for the sale of Courtyard on Mill, an eight-unit, fully renovated, gated multifamily community on Mill Avenue in Tempe, Arizona, one mile south of Arizona State University. Every unit was renovated and re-leased in 2026 on new 12-month terms, and 77.27% of scheduled rent is paid through HOM Inc. and Section 8 housing-assistance contracts. A buyer acquires a turnkey asset with durable income, no near-term rollover and no deferred capital plan -- at $237,375 per unit, below every renovated multifamily sale in the Tempe and South Scottsdale comparable set and below the unrenovated five-plex two blocks away.

2205 S Mill Avenue, Tempe
$1,695,000
5 Beds ⋅ 5 Baths ⋅ 7070239 MLS ⋅ 5,052 SqFt.
One of the most coveted Waterfront homes in The Lakes! This Tudor-style, beautifully landscaped home includes 5 beds + loft, 5 baths, 5,000+sqft, 2 balconies and a lower deck with tiled swimming pool off the Walk-Out Basement, and a Private Boat Dock. Gorgeous lake views from the moment you enter, the main level includes a Great Room with vaulted, tongue and groove ceiling that opens to a covered balcony, Maple Wood Floors, a primary suite, guest bedroom or office and guest bath. The kitchen is open and bright and features Stainless Steel appliances, Custom Cabinetry, breakfast bar and Views, Views, Views!. A Walk-Out Basement doubles as a suite with a Huge Walk-In Closet, full bath with separate shower and tub, and a kitchenette! Upstairs features another suite, guest bath, and bedroom along with a family room that opens up to a Balcony overlooking the lake! Rare finds throughout -- from expansive Lake Views on all 3 levels to a Laundry room on every floor -- this home offers it all with plenty of room to make it your own! Be sure to check out all of the amenities offered at The Lakes Clubhouse which include a junior-olympic heated lap pool, heated spa, tennis/pickleball courts, weight room, cardio room and much more! You'll Love Living in The Lakes!

1071 E Sandpiper Drive, Tempe
$1,677,000
2 Beds ⋅ 2 Baths ⋅ 7033476 MLS ⋅ 1,863 SqFt.
Experience elevated living from the 11th floor of Bridgeview at Hayden Ferry Lakeside, one of Tempe's premier luxury waterfront towers. This 2 bed, 2 bath residence showcases breathtaking panoramic views of Tempe Town Lake, Camelback Mountain, Papago Mountains, Sun Devil Stadium, Sky Harbor Airport, and the city skyline through dramatic floor-to-ceiling glass throughout. Designed for both comfort and entertaining, the open-concept floorplan features angled architectural windows that create a striking visual effect while maximizing natural light and views. The spacious kitchen is appointed with high-end appliances, granite countertops, and seamless flow into the living and dining areas. Step outside to the oversized private balcony, the perfect place to enjoy incredible Arizona sunsets and city lights. Both bedrooms offer floor-to-ceiling windows and impressive views. Additional features include 2 premium parking spaces conveniently located near the elevators and a private locked storage area. Bridgeview offers resort-style amenities including multiple outdoor lounge areas, pool & spa, fitness center, community room, and on-site luxury tower conveniences. Ideally located near ASU, Mill Avenue, Tempe Beach Park, light rail, Sky Harbor Airport, dining, shopping, entertainment, and freeway access. Ideal as a full-time residence or lock-and-leave lifestyle opportunity.

140 E Rio Salado Parkway Unit 1101, Tempe
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