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1948 E. PEGASUS DRIVE | TEMPE ✨ Some homes have a backyard. Pegasus has a private resort. Set on a nearly half-acre, no-HOA lot, this remarkable property pairs a beautifully remodeled 4-bedroom, 2-bath main home with a fully permitted detached 2-bedroom, 2-bath casita--complete with its own address, electric meter, private entrance and parking. Then step outside: a brand-new pool, two putting greens, a fire-pit gathering area, RV parking with full hookups, and a private lighted combination basketball and pickleball court. It's a setting made for everyday enjoyment, unforgettable weekends and room for everyone. Approximately 3,000 square feet of combined living space. Two separate residences. A backyard built for play, relaxation and entertaining.

6 Beds ⋅ 4 Baths ⋅ 7097074 MLS ⋅ 2,953 SqFt.

1948 E. PEGASUS DRIVE | TEMPE ✨ Some homes have a backyard. Pegasus has a private resort. Set on a nearly half-acre, no-HOA lot, this remarkable property pairs a beautifully remodeled 4-bedroom, 2-bath main home with a fully permitted detached 2-bedroom, 2-bath casita--complete with its own address, electric meter, private entrance and parking. Then step outside: a brand-new pool, two putting greens, a fire-pit gathering area, RV parking with full hookups, and a private lighted combination basketball and pickleball court. It's a setting made for everyday enjoyment, unforgettable weekends and room for everyone. Approximately 3,000 square feet of combined living space. Two separate residences. A backyard built for play, relaxation and entertaining.

1948 E Pegasus Drive, Tempe

$1,000,000

Welcome to this lakefront home in the highly sought-after Lakes community of Tempe. Residents of The Lakes enjoy resort-style amenities including a private Beach and Tennis Club with fitness center, outdoor heated pool and spa, tennis, pickleball, basketball, racquetball and sand volleyball courts, bocce ball, billiards, children's playground, and a 52 acre stocked lake for fishing. Enjoy entertaining in the open concept dining room, living room with fireplace and kitchen with water views from the pool and lake. This home features split primary suites ideal for multigenerational living. Windows, sliding glass doors and natural light from the skylights create a bright welcoming home. With 4 bedrooms 3 bathrooms 2 whirlpool tubs and a hot tub, relaxation can be footsteps away.

4 Beds ⋅ 3 Baths ⋅ 7093538 MLS ⋅ 2,382 SqFt.

Welcome to this lakefront home in the highly sought-after Lakes community of Tempe. Residents of The Lakes enjoy resort-style amenities including a private Beach and Tennis Club with fitness center, outdoor heated pool and spa, tennis, pickleball, basketball, racquetball and sand volleyball courts, bocce ball, billiards, children's playground, and a 52 acre stocked lake for fishing. Enjoy entertaining in the open concept dining room, living room with fireplace and kitchen with water views from the pool and lake. This home features split primary suites ideal for multigenerational living. Windows, sliding glass doors and natural light from the skylights create a bright welcoming home. With 4 bedrooms 3 bathrooms 2 whirlpool tubs and a hot tub, relaxation can be footsteps away.

5419 S Compass Road, Tempe

$1,250,000

One-of-a-kind custom residence in The Lakes of Tempe, this distinctive waterfront home welcomes you through elegant beveled leaded-glass double doors, setting the tone for the exceptional architecture and craftsmanship within. Set on a coveted cul-de-sac lot, the residence unfolds around breathtaking, unobstructed lake views visible from nearly every room. Soaring 27-foot vaulted wood-plank ceilings with exposed beams create a dramatic architectural statement, while beautifully curated finishes and thoughtful updates throughout bring together timeless character and refined living. The remodeled kitchen is both sophisticated and highly functional, featuring Verde Peacock granite, custom cabinetry with under-cabinet lighting, high-end appliances, a built-in Brewmatic coffee maker, microwave drawer, and sleek retractable downdraft ventilation for the gas cooktop. The dining room is distinguished by distinctive Cantera stone detailing, glass display shelving, and an elegant cascading chandelier that creates a dramatic focal point beneath the soaring ceiling. The formal living room offers an elegant gathering space anchored by a distinctive Cantera stone fireplace and signature blue carpet. Expansive views extend across the pool and lake, creating a beautiful connection between the refined interiors and the surrounding waterfront setting. In the family room, architectural wood beams continue overhead, complemented by custom built-ins and sweeping lake views. A dedicated den with built-in shelving offers an elegant setting for a home office, library, or quiet retreat. Thoughtful details throughout include high-end lighting, beautifully appointed finishes, ample storage, and an upgraded powder room with textured, washable vinyl wallcovering. The primary suite offers a private retreat beneath exposed wood beams, enhanced by luxurious Caribbean Blue carpet and direct access to the patio. Renovated in 2021, the spa-inspired primary bath features marble floors and countertops, custom blue cabinetry, Moen fixtures, luminous gold accents, and a spacious double shower. A first-floor secondary bedroom offers a private en-suite retreat distinguished by beautifully hand-painted Spanish tile in a soft pink palette, adding an unmistakable sense of character and craftsmanship. Upstairs, a generously sized secondary bedroom with its own full bath and walk-in closet offers privacy and flexibility for guests, a retreat, or additional living space. Outside, the expansive backyard embraces the waterfront lifestyle. Take in unobstructed lake views from the pool and patio, where graceful ducks glide across the water and spectacular sunsets illuminate the horizon. The beautifully replastered pool, completed in 2026, creates a serene setting for relaxing and entertaining. Meticulously upgraded and maintained through the years, the residence features two HVAC systems replaced in 2021, a roof replaced in 2016, windows updated in 2017 and 2026, high-end lighting added in 2015, rain gutters installed in 2017, exterior and interior paint completed in 2026, and luxurious Caribbean Blue carpet installed in 2021. A water filtration system and dedicated hot water tank serving the kitchen add another layer of convenience. A rare expression of architectural character, sophisticated design, and extraordinary waterfront living, this one-of-a-kind residence offers a lifestyle as distinctive as its setting.

3 Beds ⋅ 4 Baths ⋅ 7086985 MLS ⋅ 3,146 SqFt.

One-of-a-kind custom residence in The Lakes of Tempe, this distinctive waterfront home welcomes you through elegant beveled leaded-glass double doors, setting the tone for the exceptional architecture and craftsmanship within. Set on a coveted cul-de-sac lot, the residence unfolds around breathtaking, unobstructed lake views visible from nearly every room. Soaring 27-foot vaulted wood-plank ceilings with exposed beams create a dramatic architectural statement, while beautifully curated finishes and thoughtful updates throughout bring together timeless character and refined living. The remodeled kitchen is both sophisticated and highly functional, featuring Verde Peacock granite, custom cabinetry with under-cabinet lighting, high-end appliances, a built-in Brewmatic coffee maker, microwave drawer, and sleek retractable downdraft ventilation for the gas cooktop. The dining room is distinguished by distinctive Cantera stone detailing, glass display shelving, and an elegant cascading chandelier that creates a dramatic focal point beneath the soaring ceiling. The formal living room offers an elegant gathering space anchored by a distinctive Cantera stone fireplace and signature blue carpet. Expansive views extend across the pool and lake, creating a beautiful connection between the refined interiors and the surrounding waterfront setting. In the family room, architectural wood beams continue overhead, complemented by custom built-ins and sweeping lake views. A dedicated den with built-in shelving offers an elegant setting for a home office, library, or quiet retreat. Thoughtful details throughout include high-end lighting, beautifully appointed finishes, ample storage, and an upgraded powder room with textured, washable vinyl wallcovering. The primary suite offers a private retreat beneath exposed wood beams, enhanced by luxurious Caribbean Blue carpet and direct access to the patio. Renovated in 2021, the spa-inspired primary bath features marble floors and countertops, custom blue cabinetry, Moen fixtures, luminous gold accents, and a spacious double shower. A first-floor secondary bedroom offers a private en-suite retreat distinguished by beautifully hand-painted Spanish tile in a soft pink palette, adding an unmistakable sense of character and craftsmanship. Upstairs, a generously sized secondary bedroom with its own full bath and walk-in closet offers privacy and flexibility for guests, a retreat, or additional living space. Outside, the expansive backyard embraces the waterfront lifestyle. Take in unobstructed lake views from the pool and patio, where graceful ducks glide across the water and spectacular sunsets illuminate the horizon. The beautifully replastered pool, completed in 2026, creates a serene setting for relaxing and entertaining. Meticulously upgraded and maintained through the years, the residence features two HVAC systems replaced in 2021, a roof replaced in 2016, windows updated in 2017 and 2026, high-end lighting added in 2015, rain gutters installed in 2017, exterior and interior paint completed in 2026, and luxurious Caribbean Blue carpet installed in 2021. A water filtration system and dedicated hot water tank serving the kitchen add another layer of convenience. A rare expression of architectural character, sophisticated design, and extraordinary waterfront living, this one-of-a-kind residence offers a lifestyle as distinctive as its setting.

1412 E Whalers Way, Tempe

$1,249,000

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!

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

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