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$899,000 -$11,000 (-1.21%) Price Reduced
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Property Description
WATERFRONT home in The Lakes is BEAUTIFUL inside and out! Updated and well-maintained, this 2,447sqft/4 bedroom/2.5 bath home features a bright, open layout and showcases thoughtful upgrades throughout, with a modern kitchen, extended family room and eat-in kitchen, separate living/dining room, polished travertine floors, and NEW windows and sliding doors throughout. PRIVATE Boat Dock (electric pontoon boat is available separately), Low Maintenance Landscape in front and back with paver walkways, retractable awning, colorful landscape lighting, and professionally installed Putting Green to help you perfect your short game are a few of the reasons you'll fall in love with this home! This home is just a short boat ride to the Lakes Clubhouse where all Lakes residents can enjoy the heated junior Olympic pool, tennis and pickleball courts, fitness and cardio rooms, indoor racquetball, and much more! You'll Love Living in The Lakes!
Full Property Details
Full Property Details for 5532 S Marine Dr
General
- Price: $899,000
- HOA FEE: $129/month
- HOA FEE FREQ.: Quarterly
- Taxes: $4,287 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6949945
- Updated: 1/15/2026
- Added to Site: 37 day(s) ago
Interior
- Interior Features: Upstairs, 3/4 Bath Master Bdrm
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Flooring: Carpet, Stone
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Maricopa
- Township: 1S
- Subdivision: LAKES TRACT R2
- Cross Streets: LAKESHORE/BASELINE
Community
- Association: Yes
- Assoc. Name: LCA
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Water: City Water
Structural Information
- Exterior Const.: Stucco, Wood Frame
- Roof: Tile, Foam, Rolled/Hot Mop
- Windows: Dual Pane
- Sq. Ft. Source: Appraiser
- Year Built: 1978
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,869
- Lot Size Source: Assessor
- Lot Features: East/West Exposure, Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Frnt, Synthetic Grass Back
Water Features
- Water Front: Yes
Financial Considerations
- Association Fee: $386
- Assoc Fee Freq.: Quarterly
- Tax Amount: $4,287
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 77 LAKES TRACT R2 MCR 016101
- Property ID: 301-02-881-B
- Range: 4E
- Section: 2
- Lot Number: 77
Listed by Fathom Realty Elite
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Schools
Schools serving 5532 S Marine Dr
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Rover Elementary School 1300 East Watson Drive, Tempe, AZ 85283 | K-5 | 0.3 mi |
Fees College Preparatory Middle School 1600 East Watson Drive, Tempe, AZ 85283 | 6-8 | 0.3 mi |
Marcos De Niza High School 6000 South Lakeshore Drive, Tempe, AZ 85283 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5532 S Marine Dr
Date
Details
Price
Change
Source
1/15/2026
Price Reduced
$899,000
-1.21%
MLS
12/11/2025
Listed
$910,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5532 S Marine Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,287
8%
$60,960
8%
2024
$3,967
1%
$56,620
-6%
2023
$3,912
5%
$60,100
14%
2022
$3,728
—
$52,910
39%
2022
$3,728
-2%
$38,150
6%
2021
$3,798
3%
$35,980
4%
2020
$3,672
2%
$34,630
-2%
2019
$3,601
3%
$35,500
6%
2018
$3,504
3%
$33,570
-2%
2017
$3,395
—
$34,330
-3%
2016
$3,379
3%
$35,260
8%
2015
$3,268
-5%
$32,700
14%
2014
$3,441
18%
$28,660
32%
2013
$2,922
—
$21,670
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5532 S Marine Dr
5532 S Marine Drive, Tempe, AZ 85283 (MLS# 6949945) is a Single Family property with 4 bedrooms and 2 full bathrooms. 5532 S Marine Drive is currently listed for $899,000 and was received on December 11, 2025. Want to learn more about 5532 S Marine Drive? Do you have questions about finding other Single Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

