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Condos for Sale in The Lakes, Tempe

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  • Overview
  • Market Summary
  • 1 Bedroom Condos
  • 2 Bedroom Condos
  • 3+ Bedroom Condos
  • Pet-Friendly Condos
  • Condos with Stunning Views
  • Neighbourhood
  • Demographics

About The Lakes

The Lakes is a vibrant neighborhood in Tempe, AZ. This district has a friendly atmosphere with a mix of homes and local businesses. It is close to the Phoenix-Mesa-Chandler metro area, making it easy to explore nearby attractions. Families like the good schools, and the area feels safe and welcoming. Units with 2–3 bedrooms (two-bedroom 1050.0 - 1589.0 sq ft, three-plus 1200.0 - 1831.0 sq ft) fit a range of needs.

The Lakes Market Summary

The condo mix runs from luxury high-rises to restored mid-rises, many with bay or ocean views, concierge, pools, and fitness centers.

Average Condo Sizes

1 Bedroom avg size-
2 Bedroom avg size1208.25 sqft
3 Bedroom avg size1515.5 sqft

Pricing and Liquidity

No price and liquidity data available.

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1 Bedroom Condos

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2 Bedroom Condos

AVG PPSF$269.56 /sqft
AVG SOLD PRICE$330,000
AVG DAYS ON MARKET75 Days
Many 2-bed condos exist in The Lakes. Currently, these homes range from 1050 to 1589 sq ft. The area features clear crosswalks, and residents often enjoy the shade from old trees lining the streets. A typical condo has a listing price around $330,000. Street lights add a warm glow to the evenings as people walk to nearby cafes and stores. It is common for these condos to be on the market for about 74 days before reaching an agreement. The cost per square foot usually stands at $270, showing a steady interest in this community. Local parks and benches enhance outdoor relaxation options for residents.

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3+ Bedroom Condos

AVG PPSF$301.58 /sqft
AVG SOLD PRICE$451,500
AVG DAYS ON MARKET49 Days
Many 3-bed condos stand in The Lakes. These homes range between 1200 sq ft and 1831 sq ft. Actually, a nearby park has benches and walking paths, enhancing outdoor visits. Sidewalks lead to local shops, and street lights line the streets, offering safety at night. A typical asking price for these condos is $451,500. You will often see these units sold after an average of 49 days on the market. The cost per square foot for these homes is about $302. Nearby, you can find bus stops that connect residents to other parts of the city. This area benefits from its community feel and easy access to daily needs.

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Pet-Friendly Condos

Unable to find pet-friendly condos in The Lakes.

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Stunning Views Condos

Condos in The Lakes start at $449,876. Currently, they offer stunning views of the nearby mountains and lakes, making them an appealing choice for nature lovers. Bright skies and fresh air surround the area. Lakeview Park is just a short distance away, serving as a great spot for picnics and outdoor fun. Lakeside Elementary School sits nearby, offering education for young learners. Grocery stores and shopping areas are also close by, giving quick access to daily needs. Most condos can be found with around 1,580 sq ft of space, costing roughly $285 per sq ft. Market time in the area reaches about 108 days on average.

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The Neighbourhood: The Lakes

The Lakes is a lakeside community in Maricopa County, Arizona. The area offers parks, walking paths, and small lakes, and it hosts shops, cafes, and casual restaurants. This district includes schools, health clinics, and grocery stores for daily needs. Drivers find direct routes to major roads, and public buses link the area to larger transit hubs. Cyclists and walkers use trails and sidewalks to reach stores and parks. The area stays easy to reach and suits short trips or commutes to nearby parts of the region.

Demographics

Average Resident age38 years old
Average household Income$73,817 /year
Average HouseHold Composition2 People
button icon What to know about The Lakes demographics:
  • Many people in the community hold a Bachelor's degree, with about 26.23% of residents educated at this level.
  • The average age of residents is 38 years. This makes the area appealing to working professionals and families.
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Frequently Asked Questions about The Lakes

What is it like to live in The Lakes, Tempe, AZ?

The Lakes is a residential area that features lakes and parks. It has a mix of homes, making it suitable for families and individuals. The neighborhood offers recreational activities like boating and fishing. It also provides access to local shops and schools.

Is The Lakes, Tempe, AZ expensive?

The Lakes in Tempe is generally considered a higher-priced area compared to other parts of the city. Homes here often feature waterfront views and access to amenities. Prices can vary based on the property type and size.

What is the weather of The Lakes, Tempe, AZ?

The Lakes experiences hot summers with temperatures often exceeding 100°F. Winters are mild, with average highs around 60-70°F. Rainfall is rare, mostly falling in the summer months during monsoon season.

How safe is The Lakes, Tempe, AZ?

The Lakes in Tempe has a reputation for being a relatively safe area. The community is well-kept and often monitored. However, like any neighborhood, safety can vary, so it's wise to stay aware of your surroundings.