See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1536 E EDGEWATER Drive, Tempe, AZ, 85283

3beds
2baths
2,311sqft
$625,000
$270price/sqft
$3,794/moest. monthly cost
$151,760/yrincome needed

About This Home

Location, Location, Location. This one has it! Opportunity awaits in the highly desirable community in The Lakes Tempe. This home offers a spacious floor plan and endless potential to make it your own. It features 3 bedrooms, 2 bathrooms, functional floor plan, large covered patio with plenty of space for outdoor entertaining, a private pool, putting green, and an excellent location within the community, and offers an excellent opportunity for updates and customization. Residents of The Lakes enjoy outstanding amenities, including a community clubhouse, fitness center, tennis courts, pickleball courts and scenic lakes and recreational areas. Whether you're looking for a primary residence, investment property, or a home to renovate to your taste, this property offers exceptional Location, Location, Location. This one has it! Opportunity awaits in the highly desirable community in The Lakes Tempe. This home offers a spacious floor plan and endless potential to make it your own. It features 3 bedrooms, 2 bathrooms, functional floor plan, large covered patio with plenty of space for outdoor entertaining, a private pool, putting green, and an excellent location within the community, and offers an excellent opportunity for updates and customization. Residents of The Lakes enjoy outstanding amenities, including a community clubhouse, fitness center, tennis courts, pickleball courts and scenic lakes and recreational areas. Whether you're looking for a primary residence, investment property, or a home to renovate to your taste, this property offers exceptional value and potential in one of Tempe's most sought-after neighborhoods.

Getting Around

42
WalkingCar-Dependent
39
TransitSome Transit
50
BikeBikeable

Schools

9/10
Rover Elementary SchoolGrades PK-80.4 mi
5/10

Construction

Condition

  • Year built: 1978

Materials

  • Roof: Tile
  • Construction materials: Stucco,Wood Frame,No VOC Paint,Painted

Other

  • Builder name: Mission Viejo

Type & Style

  • Home type: SingleFamily
  • Architectural style: Santa Barbara/Tuscan
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Softener Owned,Built-in Microwave,Dishwasher,Disposal
  • Laundry features: Inside,Engy Star (See Rmks)

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • High Speed Internet,Granite Counters,Master Downstairs,Breakfast Bar,No Interior Steps,Vaulted Ceiling(s),Pantry,3/4 Bath Master Bdrm
  • Window features: Skylight(s),Low Emissivity Windows,Solar Screens,Double Pane Windows,ENERGY STAR Qualified Windows,Tinted Windows
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: HVAC SEER Rating,Central Air,Ceiling Fan(s),Programmable Thmstat

Interior Area

  • Total structure area: 2,311
  • Total interior livable area: 2,311 sqft

Property

Accessibility

  • Accessibility features: Lever Handles,Bath Raised Toilet

Details

  • Parcel number: 30102826

Features

  • Stories: 1
  • Private pool: Yes
  • Pool features: Diving Pool
  • Patio & porch: Covered,Patio
  • Exterior features: Private Yard
  • Spa features: None
  • Fencing: Block

Lot

  • Lot size: 6,303 sqft
  • Features: North/South Exposure,Sprinklers In Front,Gravel/Stone Back,Grass Front,Auto Timer H2O Front

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Direct Access
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Hail
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,160$37,920
Home Insurance $161$1,932
Property Taxes $229$2,748
Electricity $244$2,936
Total$3,794$45,528

Income You'd Need if You Spent...

35% on housing$130,080/yr
40% on housing$113,820/yr
45% on housing$101,173/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$270This listing

vs Other Active Listings

Avg $/sqft

ZIP 85283$215
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85283$287
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-01Price change$625,000
2026-06-22Listed for sale$645,000
2017-09-20Sold$322,000
2017-08-23Price change$324,900
2017-07-27Price change$329,900
2017-07-08Price change$339,900
2017-06-17Listed for sale$350,000

For Sale by Agent

AgentDaniel Lombard
BrokerageCompass

Similar Homes