The Lakes Homes For Sale In Tempe

The Lakes is Arizona’s first man-made lake community is a distinctive waterfront neighborhood in Tempe offering a combination of waterfront single-family homes, patio homes, and condominiums, for a total of over 200 waterfront properties. Most homes were built between 1972 and 1977, and the community is known for its mature, lush green landscaping throughout.

Residents enjoy a rare lake lifestyle paired with resort-style amenities at the private Beach and Tennis Club. With waterfront living, an established community feel, and a central Tempe location close to ASU, downtown Tempe, and the freeways, The Lakes is one of the East Valley’s most unique places to call home.

Quick Fact	The Lakes
Location	Tempe, Arizona
Community Type	Arizona’s first manmade lake community, with over 200 waterfront properties
Home Types	Waterfront single-family homes, patio homes and condos
Year Built	Most homes built between 1972 and 1977
Resident Amenities	Beach and Tennis Club, community pool and spa, tennis courts, and basketball and sand volleyball courts
Lifestyle	Mature, lush green landscaping, with club facilities hosting parties, receptions and community-sponsored activities
Real Estate	$350,000 to $1,230,000

The Lakes at a Glance: The Lakes in Tempe was Arizona's first manmade lake community, with over 200 waterfront properties and mature, lush green landscaping. Most homes were built between 1972 and 1977 and include waterfront single-family homes, patio homes and condos. The Beach and Tennis Club anchors community life with a pool and spa, tennis courts and basketball and sand volleyball courts, hosting parties, receptions and community events. Residences list from $350,000 to $1,230,000.

The Lakes Real Estate Market Overview

The Lakes is a one-of-a-kind Tempe market — a waterfront community where lake position, views, and the Beach and Tennis Club set homes apart from anything else in the area. Its mix of single-family homes, patio homes, and condominiums gives buyers a genuine range of options.

Homes have historically ranged from roughly $350,000 for condos and patio homes up to about $1,230,000 for larger waterfront single-family homes, depending on location, size, and updates. Because this established community sees limited turnover, contact The Holm Group for verified current pricing and availability.

Homes in The Lakes

The Lakes offers a distinctive mix of waterfront residences.

Arizona’s first man-made lake community
Over 200 waterfront properties
Waterfront single-family homes, patio homes, and condominiums
Most homes built between 1972 and 1977
Mature, lush green landscaping throughout
Lake views and waterfront settings
Many homes updated while keeping their established character
A serene, resort-like atmosphere

For buyers, The Lakes offers something you can’t find in most of the Valley: a genuine waterfront home with lake views, in an established community with resort-style amenities.

Community Amenities

The Lakes offers resort-style amenities centered on the Beach and Tennis Club:

A private Beach and Tennis Club
A community pool and spa
Tennis courts
Basketball and sand volleyball courts
Club facilities for parties and receptions
Many community-sponsored activities and events
Man-made lakes and waterfront settings throughout
Mature landscaping and stunning grounds

Things to Do Near The Lakes

On the Water & At the Club

The lake lifestyle is at the center of the community:

Waterfront living and lake views at home
The Beach and Tennis Club’s pool, spa, and courts
Community-sponsored events and gatherings
Serene, resort-like grounds to enjoy

Parks & Recreation

More recreation is close by:

Stunning public parks and grounds nearby
Tempe Town Lake a short drive away
Area trails, golf, and outdoor recreation
Kiwanis Park and other Tempe parks nearby

Dining & Culture

Tempe’s best is minutes away:

Tempe’s Mill Avenue District dining and nightlife
Arizona State University arts, sports, and events
Shopping and restaurants throughout Tempe
Museums and cultural attractions nearby

Convenience

Getting around is effortless:

Central Tempe location near the freeways
Quick access to the I-10, Loop 101, and Loop 202
Minutes from Phoenix Sky Harbor International Airport
Easy reach across the entire East Valley

Nearby Schools

The Lakes is served by highly regarded Tempe-area public schools. Because attendance boundaries vary by address and can change over time, buyers with school-age children should always verify the specific current school assignments and boundaries directly with the district before purchasing a home.

Why Buyers Choose The Lakes

Buyers choose The Lakes because it offers:

Arizona’s first man-made lake community
Genuine waterfront homes and lake views
A private Beach and Tennis Club
A pool, spa, tennis, and volleyball amenities
Mature, lush landscaping and an established feel
A central Tempe location near ASU and the freeways
A distinctive, resort-like lifestyle
A range of single-family homes, patio homes, and condos

Frequently Asked Questions About The Lakes

1. What makes The Lakes special?

The Lakes is Arizona’s first man-made lake community — a truly distinctive waterfront neighborhood in Tempe. With over 200 waterfront properties, mature lush landscaping, and a private Beach and Tennis Club, it offers a lake lifestyle that’s rare in the Valley.

2. Where is The Lakes located?

The Lakes is located in Tempe, Arizona (85283), giving residents a serene waterfront setting with easy access to ASU, downtown Tempe, area freeways, shopping, and parks. It combines an established, resort-like feel with a central East Valley location.

3. What kinds of homes are in The Lakes?

The community offers a combination of waterfront single-family homes, patio homes, and condominiums — more than 200 waterfront properties in all. Most were built between 1972 and 1977, and many have been updated while keeping the community’s established character.

4. What is the price range in The Lakes?

Homes have historically ranged from roughly $350,000 for condos and patio homes up to about $1,230,000 for larger waterfront single-family homes, depending on location, size, and updates. Because inventory in this established community is limited, contact The Holm Group for verified current pricing and availability.

5. What amenities does The Lakes offer?

Residents have access to the Beach and Tennis Club, which includes a community pool and spa, tennis courts, and basketball and sand volleyball courts. The club facilities host parties, receptions, and many community-sponsored activities — a genuine social hub for the neighborhood.

6. Do homes in The Lakes have waterfront access?

Yes, The Lakes is built around its man-made lakes, and a large share of the community’s 200-plus properties are waterfront. Waterfront homes and lake views are a defining feature and a major reason buyers are drawn to the community.

7. Is there an HOA at The Lakes?

Yes. As a lake community with shared water features and the Beach and Tennis Club, The Lakes has a homeowners association that maintains the common areas and amenities. Confirm current HOA dues and rules for a specific home with The Holm Group before purchasing.

8. Who is The Lakes best suited for?

It appeals to buyers seeking a distinctive waterfront lifestyle with resort-style amenities — including families, professionals, and anyone drawn to lake views, an established community feel, and a central Tempe location close to ASU and the freeways.

9. What schools serve The Lakes?

The Lakes is served by highly regarded Tempe-area public schools. Because attendance boundaries vary by address and can change, buyers with school-age children should verify the specific current school assignments directly with the district before purchasing.

10. Should I work with The Holm Group to buy or sell in The Lakes?

Andrew and The Holm Group have more than 26 years of experience and hundreds of closed transactions across the Valley, including distinctive waterfront and amenity communities like The Lakes. The team represents both buyers and sellers, specializing in single-family homes, patio homes, and condominiums.

Learn More About The Lakes

Explore current listings and market updates, and compare other communities throughout Tempe.

Internal Link: https://www.theholmgroupaz.com/tempe-homes-for-sale-2

For information about city services, parks, and things to do in the area, visit the official City of Tempe website.

External Link: https://www.tempe.gov

Work With Andrew & The Holm Group

Whether you are buying or selling a home in Tempe, The Holm Group is here to assist you. Andrew and The Holm Group have more than 26 years of experience representing both buyers and sellers throughout The Lakes and surrounding communities. Whether it’s a waterfront home, single-family home, patio home, or condominium, you can rely on The Holm Group to ensure a smooth and successful transaction.