Luxury Homes for Sale in Tempe, Arizona

Tempe is a compact, central Valley city best known as the home of Arizona State University. It offers a walkable, energetic feel, plenty of dining and entertainment, and quick access to Phoenix, Scottsdale, Mesa and Chandler. These are the newest homes for sale in Tempe listed at $1,000,000 and above. There is no single definition of a luxury home, so I use this price point as a starting place for this area.

Buying at Higher Price Points

At higher price points, lot, views, privacy, finishes and amenities can vary widely, and terms and timing can matter as much as price. Having an experienced agent on your side helps you compare properties and structure an offer that protects your interests.

Before You Buy

Every luxury home is different, so plan on detailed inspections and a careful review of the HOA documents, if any, before you make an offer.

Every purchase is different, and I'm a strong negotiator who keeps negotiating until the keys are in my client's hands. On some homes you may also be able to take over the seller's existing FHA, VA or USDA loan; see my assumable mortgage guide.

Learn more in my Moving to Tempe guide, browse homes by lifestyle and amenity, or compare all my Greater Phoenix city guides. Call Terry Day at 602-483-4665.

Newest Luxury Homes in Tempe ($1,000,000+)

$1,100,000
7082328 MLS
This ±0.74-acre (32,082 SF) infill redevelopment site is located at 117 E 15th St in Tempe, AZ, just off S. College Ave and near the ASU campus. The property is zoned R1-6 and is currently improved with an existing single-family residence and pool. The generally level parcel offers a rare, large-format infill footprint in one of Tempe's most in-demand submarkets, with strong underlying land value and multiple paths to redevelopment. A future buyer may explore a lot split, subject to City of Tempe approval and removal of the existing pool, to create two parcels, each supporting a single-family home plus up to two ADUs (one attached and one detached), offering meaningful density and value-add upside.

117 E 15th Street Unit 4A, Tempe
$1,450,000
6 Beds ⋅ 5 Baths ⋅ 7079632 MLS ⋅ 5,121 SqFt.
Set on an expansive lot in the Graystone community, this 5,121 sq ft Tempe residence offers 6 bedrooms, 5 bathrooms, and a 3-car garage, along with a blend of privacy, space, and lifestyle. Designed for both everyday living and entertaining, the home features two primary suites, a finished basement, family room, exercise/sauna room and wet bar. The spacious kitchen is well equipped with multiple ovens, a walk-in pantry, and a kitchen island. Step outside to your own private retreat featuring a heated diving pool, private spa, covered patio and generous outdoor space surrounded by mature landscaping. A circular driveway and RV parking provide plenty of room for additional vehicles and recreational toys. With over 5,000 square feet of living space, expansive grounds and a versatile floor plan, this Graystone property offers a rare combination of space, privacy and amenities in the heart of Tempe.

84 E Buena Vista Drive, Tempe
$1,395,000
3 Beds ⋅ 3 Baths ⋅ 7077871 MLS ⋅ 3,000 SqFt.
Welcome to this completely redesigned and remodeled open-concept sanctuary in the highly desirable Corona Del Sol Estates--offering single-story luxury on an enormous 16,000 sq ft lot with an RV gate and no HOA! Every detail of this home has been thoughtfully curated for elevated living and effortless entertaining: Interior Elegance: Beautiful European white oak wood flooring runs throughout, complemented by custom thin-shaker cabinetry, new solid pine interior doors, modern LED lighting, and Milgard A250 aluminum double-pane windows. Flexible Layout: Features a spacious floor plan with two dedicated dens, ideal for home offices, media rooms, or easily utilized as a 4th bedroom suite. Gourmet Kitchen: Outfitted with brand-new luxury appliances, quartz countertops and ten foot island! Indoor-Outdoor Flow: A four-panel patio sliding door opens to a completely refreshed front and back landscape with a brand-new irrigation system and expansive yard space. Major System Upgrades: New main AC unit (south) and water heater. Wifi enabled thermostats. Smart-lock exterior entry doors. Roof redone in 12/2021 with transferable warranty coverage. Combining high-end design, critical system upgrades, and endless outdoor potential, this turn-key property is a rare find in a premier location.

8852 S Lakeshore Drive, Tempe
$1,300,000
6 Beds ⋅ 6 Baths ⋅ 7074936 MLS
Williams Heritage is a six-unit multifamily community located near Downtown Tempe and Arizona State University. The property comprises two adjacent, separately parceled, single- story triplex buildings situated on approximately 0.38 combined acres. The separate parcels offer the potential for residential financing, providing additional flexibility for qualified buyers. Williams Heritage is strategically located near Downtown Tempe, approximately 1.3 miles from Arizona State University's Tempe campus. The property provides convenient access to Mill Avenue, Tempe Town Lake, Marina Heights, the Novus Innovation Corridor and other major employment, education and entertainment destinations.

601 S Hardy Drive, Tempe
$1,275,000
4 Beds ⋅ 5 Baths ⋅ 7071877 MLS ⋅ 2,817 SqFt.
Custom Waterfront Home on The Island was completely reimagined, redesigned, and expanded to take full advantage of the panoramic views and AZ sunsets. This Peaceful, Lakeside Retreat has 4 bedrooms, 4.5 bathrooms, Gourmet Kitchen with custom cabinets and pull-outs, gas cooktop, wall oven, warming drawer, Sub-Zero refrigerator/freezer, granite counters and a copper top breakfast bar! Water-View Primary Suite features a jacuzzi tub, custom steam shower system and walk-out balcony. Other Special Features include a walk-out lower-level guest suite/office, bedroom #2 is a mini suite with all-in-one wet bathroom, bedroom #3 has rolling bookcase closet doors, custom windows and doors, solid wood floors, extensive interior, and exterior lighting, Private Boat Dock and So Much More! Check out all The Lakes amenities at the clubhouse. You'll Love Living at The Lakes!

1053 E Sandpiper Drive, Tempe
$1,000,000
5 Beds ⋅ 3 Baths ⋅ 7070883 MLS ⋅ 2,797 SqFt.
Lovingly maintained and thoughtfully updated, this beautiful 5-bedroom, 3-bathroom semi-custom Tempe home sits on over a third of an acre in the desirable Duskfire community, offering an unbeatable location with easy access to three freeways, Sky Harbor Airport, and the entire Valley. 5-minute walk to Kyrene Elementary and Mary & Moses Green Park. This no-HOA community reflects true pride of ownership throughout. Owned and lovingly renovated twice by only its second owners, the home features a fully updated kitchen with a Sub-Zero refrigerator, Wolf induction cooktop, 42' cabinetry, soft-close drawers, pull-out shelving, granite countertops, a large island, updated hood and backsplash, and a bright dining area. The split floor plan is enhanced by plantation shutters and honeycomb shades designer paint, LVT flooring, and an updated stone fireplace. Outside, the expansive third-acre lot is an entertainer's dream: a PebbleTec diving pool with water feature, updated cool decking, a lush lawn, and an extended covered lanai wired for lights, fans, and speakers. An extended driveway offers ample RV/boat parking. Recent updates include a 2018 roof and both AC units replaced in 2020, plus gutters throughout. There's truly nothing left to do - just move in and enjoy. Residents also enjoy Warner Ranch community amenities, including parks, greenbelts, tennis, basketball, volleyball, and pickleball courts, playgrounds, and walking/biking paths. A rare find in Duskfire and prime Tempe location!

224 W Knox Road, Tempe
$1,695,000
5 Beds ⋅ 5 Baths ⋅ 7070239 MLS ⋅ 5,052 SqFt.
One of the most coveted Waterfront homes in The Lakes! This Tudor-style, beautifully landscaped home includes 5 beds + loft, 5 baths, 5,000+sqft, 2 balconies and a lower deck with tiled swimming pool off the Walk-Out Basement, and a Private Boat Dock. Gorgeous lake views from the moment you enter, the main level includes a Great Room with vaulted, tongue and groove ceiling that opens to a covered balcony, Maple Wood Floors, a primary suite, guest bedroom or office and guest bath. The kitchen is open and bright and features Stainless Steel appliances, Custom Cabinetry, breakfast bar and Views, Views, Views!. A Walk-Out Basement doubles as a suite with a Huge Walk-In Closet, full bath with separate shower and tub, and a kitchenette! Upstairs features another suite, guest bath, and bedroom along with a family room that opens up to a Balcony overlooking the lake! Rare finds throughout -- from expansive Lake Views on all 3 levels to a Laundry room on every floor -- this home offers it all with plenty of room to make it your own! Be sure to check out all of the amenities offered at The Lakes Clubhouse which include a junior-olympic heated lap pool, heated spa, tennis/pickleball courts, weight room, cardio room and much more! You'll Love Living in The Lakes!

1071 E Sandpiper Drive, Tempe
$1,095,000
5 Beds ⋅ 4 Baths ⋅ 7068820 MLS ⋅ 4,154 SqFt.
Beautiful 5-bedroom, 3.5-bath single-family residence in a great Tempe community with easy access to the loop 101. The home offers spacious living areas, with modern finishes throughout and an incredible, completely remodeled backyard designed to feel like a private resort. Perfect for relaxing and entertaining, the backyard provides a true Arizona outdoor-living experience. A wonderful home in a desirable location close to shopping, dining, schools, parks, and more.

7496 S Hazelton Lane, Tempe
$1,295,000
7068066 MLS ⋅ 2,964 SqFt.
Located on Tempe's Mill Avenue corridor near Downtown Tempe and ASU, 1701 S Mill Ave is a freestanding, single-story office building available for immediate occupancy. Delivered fully vacant, it suits an owner-user looking to move in or an investor seeking a clean, single-tenant asset

1701 S Mill Avenue, Tempe
$1,200,000
6 Beds ⋅ 4 Baths ⋅ 7067516 MLS ⋅ 3,213 SqFt.
Discover a rare opportunity in Buena Vista Ranchos, one of South Tempe's distinctive neighborhoods, where spacious lots, horse privileges, & community amenities create a lifestyle that's hard to find. Situated on an impressive acre lot, this 3,213-square-foot basement home offers 6 bedrooms plus a loft & basement living room, providing exceptional flexibility for family, guests, home offices, or recreation. The primary suite & one secondary bedroom each feature private ensuite bathrooms, while vaulted wood ceilings, plantation shutters throughout, & a remodeled kitchen add warmth, character, & updated style. This custom home features an RV gate & an inviting circular driveway with upgraded pavers. An exceptional South Tempe location, this is a unique opportunity to enjoy room to live.

1069 E Carver Road, Tempe
$1,099,999
4 Beds ⋅ 3 Baths ⋅ 7066525 MLS ⋅ 3,197 SqFt.
Entertainer's Dream Home in the Heart of Tempe Rarely does a home deliver this level of design, function, and outdoor living. Positioned with easy access to the 101 and 60 freeways and minutes from premier shopping, this fully renovated property puts the entire Valley at your doorstep and then makes you never want to leave. Curb Appeal That Stops Traffic: Arrival sets the tone immediately. A serene zen front yard greets you, with pavers connecting the driveway and patio along the full perimeter of the home. Custom-treated wood cladding drapes the stucco exterior, a finish that genuinely stands apart in Arizona, leading your eye directly to a striking iron front door. The front patio offers multiple distinct entertaining zones, with a fire pit anchoring the left side alongside RV gate access. A Backyard Unlike Any Other: The outdoor experience here is total. A pavered side yard creates a shaded al fresco dining area, protected year-round by mature clumping bamboo that keeps the space cool even in summer. The dedicated BBQ zone, covered by a sail shade and designed with direct access to the gourmet kitchen, makes hosting effortless regardless of the season. Moving deeper into the backyard, pavers transition to flagstone winding through mature trees, fruit trees, and lush landscaping mulched with cedar to retain moisture. High-end artificial turf runs barefoot-comfortable from the house to a raised endless pool. Swim laps, float with a drink, or both. A commercial-grade misting system cools the entire yard without the sticky residue of a standard mister, and custom sail shades provide overhead coverage throughout. Renovated to a Different Standard: The home's infrastructure matches its aesthetics: upgraded electrical, new plumbing, dual-pane windows, a newer AC, metal roof, (the flat roof was recoated spring 2026), whole-house water purification, Wi-Fi smart switches, and skylights throughout for abundant natural light. An EV charger is installed in the garage. Custom tigerwood interior doors throughout. Four Bedrooms, All Purposeful: The primary suite is expansive, with a seating area featuring an electric fireplace and foldable iron doors that open directly to the backyard, blurring the line between inside and out. The primary bath is finished in Italian marble with a wet-room shower featuring dual shower panels and a double soaker tub. One guest bedroom includes a walk-in closet and slider access to the side patio. The fourth bedroom is fitted with a Murphy bed. Bedroom floors are wood-look tile for easy cleaning. Bedroom floors feature wood-look tile, combining the warmth of wood with easy maintenance. Three Bathrooms, Zero Compromises: All three bathrooms feature in-wall faucet, and Delta fixtures. The two secondary baths are finished in Turkish travertine with generous storage. The primary bath's wet-room design is a genuine spa experience. Two Living Rooms: The front living room is anchored by Turkish travertine floors and a wood mosaic accent wall. The second living room features Spanish slate, an electric fireplace, and foldable iron doors that fully open the space to the backyard, making your entertaining square footage effectively limitless. A Gourmet Kitchen Built for a Chef: Two islands. Two waterfall-edge granite counters. A built-in coffee maker. Stainless GE Monogram double oven with built-in microwave. Induction cooktop for precision heat without an open flame. The layout was designed with entertaining in mind, including direct access to the outdoor BBQ area. Laundry Room and Pet Station: The laundry room is the largest in the neighborhood, fitted with hickory cabinetry for serious storage. Two built-in doggie door one leading to to a gated dedicated side-yard area. Adjacent to the laundry is a custom pet feeding station with a built-in wood surround housing two bowls and a dedicated mini faucet for ease of use.

1834 E Riviera Drive, Tempe
$1,095,001
4 Beds ⋅ 4 Baths ⋅ 7065484 MLS ⋅ 2,323 SqFt.
Brand New Construction -- Newport at Maple Life, Elevated. Location, Unmatched. Coming soon to Tempe -- Newport at Maple redefines what it means to live at the center of it all. These thoughtfully designed new homes place you within walking distance of ASU, premier shopping, top-tier dining, and vibrant entertainment -- all while you come home to high-end finishes that make every day feel a little more elevated. This isn't just a new address. It's a new way to live in one of Tempe's most sought-after locations. Details coming soon. Get ready.

1223 S Maple Avenue, Tempe
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