Tempe Real Estate

Valley Cities | Mesa | Chandler | Tempe | Gilbert | Queen Creek

Tempe Arizona is between Phoenix and Mesa. It is home to Arizona State University. Tempe was founded by Jack Swilling, who build the first irrigation cannels in Phoenix, when he wanted to extend agriculture and brought water to the area. The town was named by Darrel Duppa who said, "Its beautiful location reminded him of the lovely vale in Thessaly, celebrated by the classical poets."

Crops of wheat, barley, and oats ensured a steady business for the nearby Hayden Mill. The milled flour was hauled to forts and other settlements throughout the territory. By the 1890s, some farmers started growing new cash crops such as dates and citrus fruits.

The Territorial Normal School was founded by the Arizona State Legislator in 1885. In 1957 it became Arizona State University.

The end of World War II saw an influx of families, many who had served in nearby bases.

The Maricopa and Phoenix Railroad, built in 1887, crossed the Salt River at Tempe, which made Tempe accessible to the whole country. The Roosevelt Dam was completed in 1911, securing agriculture in the Tempe region.

Today, Tempe is a modern city with easy access to Phoenix and pleasantly influenced by the University of Arizona. Tempe Real estate holds its value and the area is enjoying the same sort of vibrant growth as the rest of the area. There is excellent dining, outstanding nightlife and a generous helping of arts and culture. The visitor industry is lively and there are plenty of great hotels and associated entertainment. Tempe is ideal for conventions and other business meetings.

One of the most interesting features of Tempe is Town Lake. Taking advantage of Salt Creek, Tempe has created a 220 acre lake which not only provides water, but acts as a focal point for the city. The development includes Tempe Beach Park, a 25 acre park that acts as a community gathering point and provides walking paths and sand to play in. Close attention is being paid to making sure native plants are favored, bringing in native birds and animals.

Development around the lake includes water view condominiums and apartments, boating and fishing and other recreational opportunities. There are also office, retail and hotel complexes in the works. The ultra-modern Tempe Center for the Arts is sited on the lake, and will be offer music, stage plays and other events from around the world. Town Lake makes Tempe totally unique in Arizona.

Tempe offers a good variety of homes. There are condos near town and on Town Lake. You'll also find condos in the suburbs. Single family homes range from small cottages to large custom homes on parcels perfect for horses. There are modern single family homes on individual lots close to town and those in well planned communities.

Real estate investment in Tempe includes residential units, land ready for development and commercial properties for lease or for sale. The investment opportunities at Town Lake are truly once in a life time.

Let us show you how you can benefit from owning real estate in Tempe Arizona.