1134 E DRIFTWOOD Drive, Tempe, AZ 85283

$599,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,942 Lot Size (sq. ft.): 5,484 Status: Closed
Current Price: $599,000 List Date: 6/14/2025 Last Modified: 3/10/2026

Overview

Description

Fantastic opportunity for both investors and homebuyers in The Lakes! This WATERFRONT 3-bedroom, 2.5-bath, 1,942 sq ft waterfront townhouse overlooks Shrimp Boat Bay and offers excellent potential at its current price point. With a brand new roof, new A/C, fresh interior and exterior paint, and new flooring throughout, much of the big-ticket work is already complete while still leaving room for your updates and finishes to add value. This solid block-constructed, north/south-facing home is being sold as-is, giving buyers the flexibility to renovate to their own standards and style. Enjoy all The Lakes clubhouse amenities, including fitness, pools, courts, and community activities, included in the low HOA. You'll Love Living in The Lakes!

Listing Details MLS# 6867684

Location, Tax & Legal

House Number
1134
Compass
E
Street Name
DRIFTWOOD
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85283
Zip4
2070
County Code
Maricopa
Assessor Number
301-02-489
Subdivision
LAKES TRACT G1
Tax Year
2024
Assessor's Map #
2
Legal Description (Abbrev)
LOT 6 LAKES TRACT G1 MCR 013740
Assessor's Parcel #
489
Tax Municipality
Tempe
Taxes
3362

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Townhouse
Dwelling Styles
Attached
Exterior Stories
2
# of Interior Levels
2
# Bedrooms
3
Full Bathrooms
2
Half Bathrooms
Yes
Total Bathrooms
3
Approx SQFT
1942
Price/SqFt
308.44
Horses
N
Builder Name
UNKNOWN
Year Built
1972
Lead Based Hazard Disclosure
Yes
Approx Lot SqFt
5484
Approx Lot Acres
0.126
Flood Zone
No
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
Yes
Fireplaces Total
2
Elementary School District
Tempe School District
High School District
Tempe Union High School District
Elementary School
Rover Elementary School
Jr. High School
Fees College Preparatory Middle School
High School
Marcos De Niza High School

Remarks Misc

Cross Street
LAKESHORE/BASELINE
Directions
S on Lakeshore Dr, W on Driftwood Dr to 1134

Status Change Info

Off Market Date
2026-01-21
Under Contract Date
2026-01-20
Close of Escrow Date
2026-03-09

Legal Info

Township
1S
Range
4E
Section
2
Lot Number
6

More Information

Basement

Basement Y/N
N

Items Updated

Floor Yr Updated
2025
Floor Partial/Full
Partial
Roof Yr Updated
2025
Roof Partial/Full
Full

Parking Spaces

Garage Spaces
2
Slab Parking Spaces
2
Total Covered Spaces
2

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes
Phone Call
Yes

Sold Info

Loan Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

Probate/Estate
Yes

Construction

Block
Yes

Const - Finish

Stucco
Yes

Roofing

Tile
Yes
Foam
Yes

Association & Fees

HOA Y/N
Y
HOA Disclosure/Addendum Affirmation
Yes
HOA Transfer Fee
400
HOA Fee
386
HOA Paid Frequency
Quarterly
HOA Name
LCA
HOA Telephone
480-838-1023
HOA Management Company
LCA
Special Assessment HOA
No
HOA 2 Y/N
N
PAD Fee Y/N
N
Cap Improvement/Impact Fee
0
Cap Improvement/Impact Fee $/%
$
Prepaid Association Fees HOA
386
Disclosure Fees HOA
0
Other Fees HOA
0
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Ttl Mthly Fee Equiv
128.67

Lockbox Type

Supra
Yes

Architecture

Other
Yes

Master Bathroom

3/4 Bath Master Bdrm
Yes
Double Vanity
Yes
Private Toilet Room
Yes

Master Bedroom

Upstairs
Yes

Add'l Property Use

None
Yes

Fireplace Features

Gas Fireplace
Yes

Flooring

Carpet
Yes
Laminate
Yes

Community Features

Biking/Walking Path
Yes
Children's Playgrnd
Yes
Clubhouse/Rec Room
Yes
Comm Tennis Court(s)
Yes
Community Spa
Yes
Community Spa Htd
Yes
Racquetball
Yes
Lake
Yes
Near Bus Stop
Yes
Pickleball
Yes
Workout Facility
Yes

Dining Area

Dining in LR/GR
Yes

Heating

Electric
Yes

Kitchen Features

Laminate Counters
Yes
Range/Oven Elec
Yes

Cooling

Central Air
Yes

Interior Features

Vaulted Ceiling(s)
Yes

Laundry

Washer Included
Yes
Dryer Included
Yes

Other Rooms

Family Room
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Road Responsibility

City Maintained Road
Yes

Fencing

Block
Yes
Wrought Iron
Yes

Water Source

City Water
Yes

Community Pool Features

Heated
Yes

Exterior Features

Balcony
Yes
Covered Patio(s)
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

Parking Features

Detached
Yes

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes

Plumbing

Gas Hot Water Heater
Yes

Utilities

SRP
Yes
SW Gas
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Property Description

Waterfront Lot
Yes
North/South Exposure
Yes

Landscaping

Gravel/Stone Back
Yes
Synthetic Grass Frnt
Yes

Unit Style

Two Levels
Yes
Two Common Walls
Yes

Disclosures

Seller Discl Avail
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

Common Area Maint
Yes

Assoc Rules/Info

Clubhouse
Yes
Prof Managed
Yes

Property Features

Special Listing Cond: Probate/Estate Add'l Property Use: None Architecture: Other Master Bathroom: 3/4 Bath Master Bdrm; Double Vanity; Private Toilet Room Master Bedroom: Upstairs Fireplace Features: Gas Fireplace Flooring: Carpet; Laminate Community Pool Features: Heated Spa: None Community Features: Biking/Walking Path; Children's Playgrnd; Clubhouse/Rec Room; Comm Tennis Court(s); Community Spa; Community Spa Htd; Racquetball; Lake; Near Bus Stop; Pickleball; Workout Facility Dining Area: Dining in LR/GR Kitchen Features: Range/Oven Elec; Laminate Counters Laundry: Washer Included; Dryer Included Other Rooms: Family Room Interior Features: Vaulted Ceiling(s) Exterior Features: Balcony; Covered Patio(s) Parking Features: Detached Road Responsibility: City Maintained Road Construction: Block Const - Finish: Stucco Roofing: Tile; Foam Cooling: Central Air Heating: Electric Plumbing: Gas Hot Water Heater Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Wrought Iron; Block Property Description: Waterfront Lot; North/South Exposure Landscaping: Gravel/Stone Back; Synthetic Grass Frnt Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Possession: Close of Escrow Unit Style: Two Levels; Two Common Walls Association Fee Incl: Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; FHA; Conventional Disclosures: Seller Discl Avail
Listing Office: Fathom Realty Elite
IDX
Last Updated: March - 10 - 2026
Broker Attribution: 602-369-1145

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.