Coming Soon
$1,075,000
0.3 mi4 bd2 ba2,134 sqft
Listed by HomeSmart · 480-443-7400
Courtesy of ARMLS · MLS# 7092025 · Presented by Ivy Realty
Neighborhood guide · Tempe
The Lakes, AZ
The Lakes is a neighborhood in Tempe south of Baseline Road and east of Rural Road, organized around Lakeshore Drive. The Lakes has single-family homes, lakefront homes, townhomes and condos built mainly from the 1970s through the 1990s.
What do homes cost in The Lakes?
Live ARMLS market stats · The Lakes
See every listing →Median list price
$570,000
57 active homes
Median price per sq ft
$292
list price ÷ square feet
Median days on market
66 days
active listings
Months of supply
3.2
64 sales in the last 90 days
Typical asking price range (middle half of active listings): $449,900 – $649,900.
Source: active ARMLS residential listings for sale in and around The Lakes, via Ivy Realty IDX, updated Oct 12, 2026, 1:05 PM (Arizona time). Months of supply = active listings ÷ average monthly closed sales over the last 90 days (ARMLS). Updates automatically as the MLS refreshes.
| Local sold data | Tempe (May 2026) |
|---|---|
| Median sold price | $483,000 |
| Median days on market | 54 days |
| Median sold price per sq ft | $288 |
| Homes sold in period | 138 |
Source: Redfin Data Center — housing market tracker, all residential sales; data published June 2, 2026. City figures are one month; neighborhood and ZIP figures are a 3-month rolling window. Where Redfin does not publish a neighborhood, the ZIP code that contains it is shown and named. Typical rent in Tempe: $1,649/mo (Zillow Observed Rent Index (ZORI), August 2026).
Homes for sale in The Lakes
71 active ARMLS listings in and around The Lakes, newest first.
1419 E COMMODORE Place, Tempe 85283
Coming Soon
$549,000
0.5 mi3 bd2 ba1,691 sqft
Listed by HomeSmart · 602-230-7600
Courtesy of ARMLS · MLS# 7090770 · Presented by Ivy Realty
$229,000
1.0 mi2 bd1 ba924 sqft
Listed by DeLex Realty · 602-910-3002
Courtesy of ARMLS · MLS# 7092284 · Presented by Ivy Realty
$345,000
0.5 mi3 bd3 ba1,290 sqft
Listed by West USA Realty · 602-942-4200
Courtesy of ARMLS · MLS# 7091486 · Presented by Ivy Realty
$620,000
0.3 mi4 bd2 ba2,028 sqft
Listed by Realty ONE Group · 480-285-0000
Courtesy of ARMLS · MLS# 7090271 · Presented by Ivy Realty
$609,000
0.9 mi5 bd3 ba1,990 sqft
Listed by HomeSmart · 602-230-7600
Courtesy of ARMLS · MLS# 7091798 · Presented by Ivy Realty
$599,989
1.4 mi4 bd2 ba1,710 sqft
Listed by My Home Group Real Estate · 480-685-2760
Courtesy of ARMLS · MLS# 7088190 · Presented by Ivy Realty
$350,000
1.0 mi3 bd2 ba1,439 sqft
Listed by Cambridge Properties · 602-493-5100
Courtesy of ARMLS · MLS# 7087814 · Presented by Ivy Realty
$449,900
0.8 mi3 bd2 ba1,250 sqft
Listed by OfferPad Brokerage, LLC · 480-470-2210
Courtesy of ARMLS · MLS# 7086627 · Presented by Ivy Realty
Want a tour, disclosures, or homes like these that just hit the market? Tell us what you need and the matching form connects you with the best-fit Ivy Realty agent.
Where is The Lakes on the map?
It was Arizona's first man-made lake community, with waterways and parks running through the middle of the neighborhood.
Loading map...
Agent pins are placed at the nearest major intersection, the same as the homepage map. Parcel lines: Maricopa County GIS.
How far is The Lakes from major job centers?
The Lakes is about 4 miles straight-line from ASU Tempe campus, its closest major job center.
~4 mi
straight-line, not drive time
ASU Tempe campus
~5 mi
straight-line, not drive time
Price Corridor (Chandler)
~7 mi
straight-line, not drive time
Phoenix Sky Harbor Airport
~11 mi
straight-line, not drive time
Downtown Phoenix
Straight-line distance, not drive time. Check a mapping app for drive and transit times.
Which schools and parks serve The Lakes?
The Lakes is served by the school districts and park systems linked below; confirm the assigned school for any address on the district site.
Is there an HOA or new construction in The Lakes?
HOA
Homes in The Lakes are in a community association that maintains the lakes, plus sub-associations for some communities; confirm dues.
Get matched with an Ivy Realty agent for The Lakes
How it works
Ivy AI searches live ARMLS listings. Describe what you want in plain English and it surfaces real, current homes that match right away.
One short form, one matched agent. The agent-matching form picks the best Ivy Realty agent for you based on location, experience, languages spoken and related factors, emails that agent directly, and shows you only the agent's name, location, experience and languages.
Who is the Ivy Realty agent for The Lakes?
Coverage in The Lakes is opening
No Ivy Realty agent is pinned inside The Lakes yet. The homepage map shows every agent across Maricopa County, and any of them can help here.
Find the nearest agent on the mapWhat would you like to do in The Lakes?
Buyers
See homes in The Lakes
Tell the local agent what to search for and get matching homes sent to you.
Find an agent on the map
Coverage in The Lakes is opening.
Sellers
What is my home worth?
Get a pricing opinion based on recent nearby sales, prepared by the local agent.
Find an agent on the map
Coverage in The Lakes is opening.
Investors
Rental range + management
Typical rent in Tempe: $1,649/mo (Zillow Observed Rent Index (ZORI), August 2026).
Ask for a property-specific range, plus a property-management consult.
Goes to Ivy Clay, designated broker, who assigns the right local agent.
Agents
Work The Lakes with Ivy
This page's URL already exists: ivyrealty.ai/areas/the-lakes-tempe. Your name goes on it when you activate.
Join to work The LakesHave a question about The Lakes?
Ask about The Lakes
AI assistant. Answers from this page and its linked public sources only. It never guesses prices, rents or school ratings.
Hi! Ask me anything about The Lakes from this page. Are you buying, selling, investing, or an agent looking to join?
Find the nearest agent on the map
The agent receives your question, this chat and this page.
The Lakes FAQ
How much do homes cost in The Lakes right now?+
As of October 12, 2026, the 57 active ARMLS listings in and around The Lakes have a median list price of $570,000, and the middle half are listed between $449,900 and $649,900, a median of $292 per square foot. These figures update automatically with the MLS.
Get matched with an Ivy Realty agent →How quickly are homes selling in The Lakes?+
Active listings in and around The Lakes have been on the market a median of 66 days. ARMLS shows 64 closed residential sales in the same area over the last 90 days, or about 3.2 months of supply at the current pace.
Get matched with an Ivy Realty agent →Which school districts serve The Lakes?+
The Lakes is served by Tempe Elementary School District, Kyrene School District, Tempe Union High School District. School assignment depends on the exact address, so confirm it with the district before you buy. Official school data is on Arizona School Report Cards (azreportcards.azed.gov).
Get matched with an Ivy Realty agent →How long is the commute from The Lakes?+
The Lakes is about 4 miles straight-line from ASU Tempe campus and about 5 miles straight-line from Price Corridor (Chandler). Check a mapping app for live drive and transit times.
Get matched with an Ivy Realty agent →Do homes in The Lakes have an HOA?+
Homes in The Lakes are in a community association that maintains the lakes, plus sub-associations for some communities; confirm dues.
Get matched with an Ivy Realty agent →What kinds of homes are in The Lakes?+
The Lakes has single-family homes, lakefront homes, townhomes and condos built mainly from the 1970s through the 1990s.
Get matched with an Ivy Realty agent →How do I get matched with an Ivy Realty agent for The Lakes?+
Use the agent-matching form on this page. It picks the best Ivy Realty agent for The Lakes based on location, experience, languages spoken and related factors, emails that agent directly, and shows you only the agent's name, location, experience and languages.
Get matched with an Ivy Realty agent →
Equal Housing Opportunity