Tempe Real Estate | Tempe Properties between $1,000,000 and $1,500,000 for Sale

4 Beds ⋅ 4 Baths ⋅ 7057070 MLS ⋅ 3,527 SqFt.

One-of-a-kind Spanish Colonial estate in an exclusive gated enclave in the heart of Tempe. Moments from ASU, Tempe Town Lake, Tempe Beach Park, and Mill Avenue, this exceptional residence offers a rare blend of luxury, character, privacy, and accessibility. Spacious multi-level floor plan features 4 bedrooms, 1 office/bedroom, 4 bathrooms, soaring ceilings, abundant natural light, multiple living areas, and a chef's kitchen with premium Viking appliances. Finished basement includes a media/game room, kitchenette, two bedrooms, and full bath, ideal for guests. Enjoy a private backyard with hot tub, fire place, and entertaining spaces. A truly distinctive home in one of Tempe's most desirable locations. Hacienda Valentine is a truly exceptional Spanish Colonial residence offering a rare combination of architectural character, modern luxury, and an unmatched Tempe lifestyle. Tucked within an intimate gated enclave of just three homes, this property provides privacy and serenity while being only moments from ASU, Tempe Town Lake, Tempe Beach Park, Mill Avenue, dining, entertainment, sporting events, and cultural attractions. Designed for both everyday living and memorable entertaining, the home offers multiple levels of thoughtfully designed living space filled with warmth, character, and natural light. Dramatic vaulted ceilings, rich architectural details, and inviting gathering areas create a sense of timeless elegance that is increasingly difficult to find in today's market. The chef's kitchen serves as the heart of the home and is equipped with premium Viking appliances, including a professional-grade refrigerator, double ovens, and gas cooktop. The kitchen flows seamlessly into the dining and living areas, creating an ideal setting for hosting gatherings, holiday celebrations, and intimate dinner parties. A cozy gas fireplace anchors the main living space and enhances the home's welcoming atmosphere. The finished basement significantly expands the home's functionality and flexibility. Complete with a spacious media and game room, kitchenette, two bedrooms, and a full bathroom, this level is ideal for visiting long-term guests, students, or a private retreat for work and relaxation. A spiral staircase provides direct exterior access and adds a distinctive architectural touch. The primary suite offers a peaceful sanctuary, featuring a spacious bedroom, luxurious ensuite bathroom, and oversized closet. A unique hidden loft space creates a one-of-a-kind reading nook, game area, or private retreat overlooking the home's main living spaces. Additional living areas provide flexibility for home offices, fitness spaces, study rooms, or quiet lounges. Outdoor living is equally impressive. Multiple seating and entertaining areas invite you to enjoy Arizona's spectacular weather year-round. Relax in the private spa, gather around the outdoor fire place with friends or enjoy quiet mornings and beautiful desert evenings in the secluded backyard setting. The home's indoor and outdoor spaces blend seamlessly to create an effortless entertaining environment. The location is among the property's most valuable features. Residents enjoy the convenience of near access to Arizona State University, Tempe Beach Park, Tempe Town Lake, restaurants, coffee shops, nightlife, festivals, and sporting events. The home also offers convenient access to Sky Harbor International Airport, Downtown Phoenix, Scottsdale, and major employment centers throughout the Valley. Whether you are seeking a distinctive primary residence, a luxury second home, or a unique property for hosting friends, Hacienda Valentine represents a rare opportunity to own one of Tempe's most memorable and architecturally distinctive homes. Properties offering this combination of character, location, privacy, and lifestyle seldom become available. Investment Opportunity: In addition to serving as an exceptional primary residence, Hacienda Valentine has a successful history as a highly rated short-term rental and has earned Airbnb Guest Favorite status with numerous 5-star reviews. The property's unique architecture, gated setting, excellent location, and proximity to Arizona State University, Tempe Town Lake, Mill Avenue, and Sky Harbor International Airport make it particularly attractive for short-term rental, executive housing, visiting faculty, sports tourism, gatherings, and special-event accommodations. The flexible floor plan, multiple living areas, finished basement, and ample sleeping accommodations offer strong appeal to both owner-occupants and investors seeking a distinctive income-producing asset in one of Arizona's most desirable urban locations. Owner willing to include furnishings in price. Owner Improvements: Current Owner has owned the property for approx. five years. Over that time, the following improvements have been made: - Security system added with camera at back exterior facing back entry door, and two interior cameras (currently not installed due to short term listing req's, but are wired) - Yale lock for front door - Front door has been replaced with decorative iron front door - Washer and dryer were replaced in 2025 - One AC unit and air handler replaced in 2026 - One AC unit and air handler replaced in 2025 - Dishwasher replaced in 2023 - Garbage disposal replaced in 2024 - Water heater replaced in 2024 - All bathrooms have new toilets (replaced in 2022 through 2024) - Home exterior and interior was repainted in 2022 - Landscaping improvements including addition of two saguaros and back yard tile walkway - Pump, jet and control panel replacement for jacuzzi in 2025 - Jacuzzi cover removal system added in 2024 - Automatic garage door opener system was replaced in 2023 - New fans throughout the home, all of the same color and style, 2021

302 S Wilson Street, Tempe

$1,374,900

5 Beds ⋅ 4 Baths ⋅ 7054401 MLS ⋅ 3,079 SqFt.

WELCOME HOME! THIS HOME HAS BEEN COMPLETELY AND PROFESSIONALLY REMODLED TOP TO BOTTOM! You will fall in love w/this spacious two-story home offering 5 bedrooms, 3 full bathrooms & 1 half bath. A charming front porch creates an inviting entrance, while the interior features speak for themselves w/an amazing open floor plan offering a gourmet kitchen that will impress even your pickiest buyers. The redesigned kitchen offers quartz countertops, custom cabinetry, stainless steel appliances w/built in large capacity side by side Fridge/Freezer, ample workspace for everyday living & entertaining. Your buyers will love the large island & the ''hidden pantry'' found just behind the 2 large cabinet doors. The functional floor plan provides generous living areas and comfortable bedrooms throughout You will find 2 Bedrooms downstairs, including the primary suite and then 3 bedrooms and 2 full bathrooms upstairs with one of those bedrooms offering its own ensuite bathroom. Outside, enjoy a spacious fenced backyard complete with a covered patio, private pool, and storage shed, creating the perfect setting for relaxing or hosting guests. Additional highlights include a three-car garage and extended driveway offering plenty of parking and storage space.

1454 E Calle De Arcos --, Tempe

$1,175,000

4 Beds ⋅ 4 Baths ⋅ 7052871 MLS ⋅ 2,576 SqFt.

Completely reimagined in 2020, this exceptional University Park residence blends timeless design, modern luxury, and effortless indoor-outdoor living in one of Tempe's most sought-after neighborhoods, where opportunities to own are few and far between. Thoughtfully expanded and extensively remodeled, the home now offers 4 bedrooms, 3.5 bathrooms, and an open-concept floor plan designed for both everyday living and sophisticated entertaining. At the heart of the home, the beautifully appointed kitchen showcases a Sub-Zero refrigerator, ZLINE professional range, generous workspace, and seamless flow into the expansive living and dining areas. Just beyond, an impressive family room is highlighted by a collection of distinctive vintage chandeliers, creating a warm and memorable gathering space that opens directly to the professionally designed outdoor retreat. The backyard, masterfully crafted by Berghoff Design Group, is a private oasis featuring mature trees, lush low-maintenance turf, a custom fire pit, and exceptional privacy--an inviting setting for quiet evenings, entertaining guests, or enjoying Arizona's beautiful weather year-round. Designed with both function and comfort in mind, the split-bedroom layout offers spacious retreats with generous closets throughout. A large walk-in pantry, oversized laundry room with dual washer and dryer sets, and abundant storage add convenience rarely found in homes of this caliber. Situated on a generously sized lot, the property also offers five dedicated slab parking spaces plus two transferable street parking permits, providing an exceptional parking advantage in this highly desirable location. Ideally positioned just minutes from Arizona State University, University Park is celebrated for its tree-lined streets, eclectic architecture, and vibrant walkable atmosphere. Residents enjoy convenient access to Mill Avenue's acclaimed restaurants and boutiques, Tempe Town Lake, neighborhood cafés, parks, multiple Valley Metro light rail stations, and major freeway connections, placing the very best of Tempe within easy reach. Offering a rare combination of thoughtful design, premium finishes, exceptional outdoor living, and an unbeatable location, this is a truly distinctive opportunity in one of Tempe's most established and desirable neighborhoods. Offering a rare combination of modern luxury, exceptional outdoor living, and an unbeatable location in a neighborhood where opportunities are few and far between, this is a home that truly stands apart.

301 E 14th Street, Tempe

$1,150,000

6 Beds ⋅ 4 Baths ⋅ 7047489 MLS ⋅ 3,178 SqFt.

Spacious and beautifully updated, this 6-bedroom, 4-bath home offers exceptional versatility in a quaint neighborhood just minutes from the ASU campus. Recent upgrades, including new AC units, provide modern comfort and peace of mind. The private backyard features a sparkling pool surrounded by mature landscaping, creating the perfect space to relax or entertain. With no HOA, you'll enjoy added flexibility and freedom. This property has generated positive cash flow as a rental, making it an outstanding investment opportunity, while its generous layout also makes it ideal for multigenerational living. A rare combination of size, location, updates, and income potential!

137 E Vista Del Cerro Drive, Tempe

$1,000,000

7037142 MLS

3353 S Rural Road presents a rare opportunity to acquire a ±0.57-acre (24,971 SF) commercial parcel in one of Tempe's most established and supply-constrained infill corridors. Zoned CSS (Commercial Shopping & Services), the property offers flexibility for a variety of retail, office, service-commercial, medical, and mixed-use development concepts. Positioned along the highly trafficked Rural Road corridor, the site benefits from exceptional visibility, convenient access, and immediate proximity to major transportation routes including Interstate 10, Loop 101, and Loop 202.

3353 S Rural Road Unit -, Tempe

$1,395,000

7036697 MLS

The property consists of seven units, across two buildings. The front building is a single story triplex, while the rear building is a two story loft style fourplex. The property is extremely well located, being just west of ASU's Tempe Campus. The unit mix is unknown, however two tenants are long term and five are short term.

1214 S Farmer Avenue, Tempe

$1,420,000

7011894 MLS

This 7-unit, garden-style apartment property sits in an incredible location, approximately half a mile from ASU's main campus. Additionally, this property boasts proximity to Tempe Town Lake offices, Mill Avenue, the 202 freeway, and Sky Harbor Airport. Location isn't the only desirable characteristic of the Apartments on Farmer, as 5 of 7 units have been thoroughly remodeled in the past 5 years (the other two units are occupied by long-term tenants). Along with interior updates, the property's comprehensive renovation included significant roofing, plumbing, and electrical work, with 4 of 7 units now boasting their own laundry facilities. Six storage rooms also on site. Don't miss out on this incredible location!

1219 S Farmer Avenue, Tempe

$1,299,900

7010331 MLS

This listing is a bulk sale for 7 identical condos at this property - Units 112, 115, 128, 138, 141, 207, 231. Each unit is rented with good solid tenants except unit 115 we left vacant for buyers to see the floor plan. There is still value ad for these 7 units as the rents can and should be increased in 2026. This is a great opportunity to purchase 7 units at the same located and have immediate cash flow from day one! Don't let this opportunity pass you by. Bring us an offer and lets Talk!

616 S Hardy Drive Unit 112, Tempe

$1,100,001

4 Beds ⋅ 3 Baths ⋅ 7009596 MLS ⋅ 2,154 SqFt.

AMAZING custom home built on nearly 2 acres, tucked in a prominent community at the base of Papago Mountain. Three large bedrooms, two baths, sunrise balcony off the master, real wood fireplace in a quaint conversation pit, entertainers patio overlooks sunset over Papago mountain preserves. The property is walking distance to the Phoenix Zoo, the botanical gardens, museums, public pool, Golf courses and historical Old Town Scottsdale. There are only 13 coveted properties in this hidden desert paradise, with all prominent homeowners. This will be the buy of a lifetime! This opportunity will not come along again, don't miss out on a chance to own this unique home! Build a guest house, large workshop, put in a beautiful pool! The possibilities are endless! A truly unique offering with endless possibilities in one of Tempe's most desirable growth corridors--don't miss this rare chance to capitalize on a versatile and high-demand location!

211 E Campo Desierto Road, Tempe

$1,235,000

7007483 MLS

Turnkey duplex investment with major upgrades already done. Across the property, the exterior was painted in 2022, interior paint was refreshed throughout all units, roof/trim/overhang repairs were completed, and dry rot-damaged wood was replaced prior to painting. Ownership also added updated electrical outlets, switches, and GFIs, new interior door hardware, new exterior lighting, Nest WiFi thermostats, and Eufy WiFi front door locks for modern convenience and added security. Inside, the unit improvements create strong tenant appeal and a more polished, move-in-ready feel. Multiple units feature updated kitchens with new cabinetry, granite or quartz countertops, undermount sinks, backsplash details, and new appliances. Bathrooms have been refreshed with new vanities, mirrors, lighting, upgraded fixtures, and remodeled showers, including a fully tiled walk-in shower in one unit and a Spanish mosaic tile shower in another. Additional upgrades include new flooring in select units, low-E energy-efficient windows, ceiling fans with remotes, blackout curtains, TV mounts, water filtration, and updated plumbing components. A well-improved multifamily opportunity with thoughtful interior and exterior updates already in place.

117 W 10th Street, Tempe

$1,300,000

6978717 MLS

READY TO BUILD, PERMITS READY TO BE PULLED. City-approved construction docs ready to go for a 13-unit modern apartment development. Fantastic rental area in Tempe. Hayden Lane Townhomes is planned with (9) 2-bedroom, 2.5-bathroom and (4) 3-bedroom, 2.5-bathroom units. They all have 4 private balconies per unit and each unit includes a two-car garage. The planned redevelopment is a highly compatible infill development of a vacant parcel surrounded mainly by multi-family residential uses in the larger area between McClintock Drive and Smith Road, and University Drive to Apache Boulevard. . The north side of Hayden Lane here has transitioned to exclusively multi-family uses over the last 60 years. Hayden Townhomes is very similar to the existing multi-family in the area. Owner Agent.

1916 E Hayden Lane Unit -, Tempe

$1,035,000

6974014 MLS

Looking to start the year off with a great investment opportunity or to house hack in one of the city's strongest rental markets? Look no further than 1224 S Smith Rd. This well-located 4-plex sits in a high-demand rental corridor minutes from ASU, light rail, downtown Tempe, major freeways, and employment hubs. Surrounded by major education, transportation, and lifestyle anchors that drive consistent tenant demand year-round. With strong tenant demand, low vacancy risk, and value-add upside through rental optimization makes this a rare opportunity in one of Tempe's most desirable investment locations.

1224 S Smith Road, Tempe

$1,049,000

5 Beds ⋅ 4 Baths ⋅ 6953693 MLS ⋅ 3,316 SqFt.

This stunning single-level home in the gated community of Toscana offers a spacious great room floor plan with soaring 14' ceilings and an inviting, well-appointed kitchen featuring granite countertops, under-cabinet lighting, a large center island, abundant cabinetry, and an extended breakfast nook that comfortably fits a 10-foot table, perfect for gathering with family and friends. The main residence features 4 bedrooms and 3 bathrooms, complemented by a private casita with its own bath and French doors opening to the courtyard, bringing the total to 5 bedrooms and 4 bathrooms. The casita offers an ideal space for a home office, gym, guest suite, or multigenerational living. Step outside to a backyard designed for relaxation and entertaining, featuring a sparkling pebble-finish poo with newly repaired tile, built-in seating, and a tranquil water feature. The expansive primary suite offers a true retreat with a Roman tub and dual walk-in closets. Recent updates include fresh interior and exterior paint, a new HVAC system (2024), and a new water heater (2025), providing a true move-in-ready experience. Located in the highly desirable Kyrene School District and just minutes from dining, shopping, and freeway access, this home blends comfort, function, and lifestyle in one exceptional opportunity.

758 E Sunburst Lane, Tempe

$1,375,000

6950797 MLS

Rare opportunity to purchase a R-4 (High Density) zoned multi family land and homes with frontage on Spence Ave in the heart of ASU campus. Listing included two residential houses, next to each out, zoned for high density multifamily. Nestled in a robust infill Arizona State location, this property is a beacon for savvy investors seeking unparalleled opportunities. Walk to Campus. Unmatched demographics include over 350,000 population count within a five-mile radius. Parcel numbers 133-09-045 and 133-09-055 **Buyer to verify all facts, figures, schools & measurements**

1229 E Spence Avenue, Tempe

$1,188,900

6 Beds ⋅ 6 Baths ⋅ 6774897 MLS ⋅ 4,186 SqFt.

Luxury living in the heart of Tempe! This stunning 6-bedroom, 4.5-bathroom home boasts an impressive 4,186 square feet of living space with plenty of space to entertain. 2 master suites and 2 kitchens. Upstairs and downstairs laundry makes housekeeping easy. An amazing rooftop deck with breathtaking views of the surrounding area - it's the ideal spot for stargazing or entertaining friends A private backyard paradise with meticulously landscaped outdoor space features a brand new sparkling pool, perfect for those scorching Arizona days or heat it up during the cold season. Currently run as a profitable AirBnB, the house comes fully furnished and could be perfect as an investment property. One wall could be closed and you could have 2 full separate units. Location is key, and this home delivers. Just minutes away from ASU, Tempe Town Lake, and Scottsdale, you'll find endless opportunities for recreation. Currently run as a successful AirBnb, this is an investors dream. Could be rented as is or converted to 2 separate housing units for additional revenue as there are already separate entrances, seperate kitchens, laundry's, etc. so you would just need close in one small wall upstairs. Since it comes fully furnished it could be up and running in no time. Owner can provide proof of rental income upon request.

1004 E Tempe Drive, Tempe

Tempe Properties between $1,000,000 and $1,500,000 for Sale

Newest Tempe Properties between $1,000,000 and $1,500,000 for Sale