1040 E Driftwood Dr, Tempe, AZ 85283
OFF MARKET

$726,100

Trulia Estimate
  • Studio
  • 3 Baths
  • 2,281 sqft

1040 E Driftwood Dr, Tempe, AZ 85283

The Lakes
Est. Refi. Payment $4,052/mo*
Refinance Your Home

Home Value

Trulia Estimate
$726K
Since last month
Increased$4K (+0.6%)
Since last year
Increased$33K (+4.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +97% in the last 10 years
MonthEstimated value
2026
August 2026$730K
July 2026$726K
June 2026$729K
May 2026$726K
April 2026$721K
March 2026$726K
February 2026$739K
January 2026$725K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1134 E DRIFTWOOD Drive, Tempe, AZ
0.13
Townhouse
$599,000
03/09/26
3
2.5
1,942
5621 S CAPTAIN KIDD Court #D, Tempe, AZ
0.08
Townhouse
$297,000
01/23/26
3
2.5
1,290
5625 S ADMIRALTY Court #C, Tempe, AZ
0.06
Townhouse
$385,000
04/23/26
2
2.5
1,242
5617 S CLAMBAKE BAY Court #B, Tempe, AZ
0.10
Townhouse
$357,500
06/30/26
3
2
1,200
1161 E SANDPIPER Drive #220, Tempe, AZ
0.15
Townhouse
$318,000
01/20/26
2
2
1,151
1143 E SANDPIPER Drive #208, Tempe, AZ
0.15
Townhouse
$315,000
12/26/25
2
2
1,151
406 E COLGATE Drive, Tempe, AZ
0.60
Townhouse
$325,000
04/17/26
3
2
1,439
1207 E NORTHSHORE Drive #234, Tempe, AZ
0.40
Townhouse
$400,000
05/22/26
3
2
1,454
5621 S CAPTAIN KIDD Court #E, Tempe, AZ
0.08
Townhouse
$265,000
09/30/25
2
1
1,050
1616 E DONNER Drive, Tempe, AZ
0.76
Townhouse
$379,000
11/18/25
4
2.5
1,704

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1042 E DRIFTWOOD Drive, Tempe, AZ 85283
0.01
$711,500
2
2
1,718
Off Market
1071 E Sandpiper Dr, Tempe, AZ 85283
0.08
-
Studio
5
5,052
Off Market
1104 E DRIFTWOOD Drive, Tempe, AZ 85283
0.06
$763,100
3
3
1,942
Off Market
1101 S SANDPIPER Drive, Tempe, AZ 85283
0.09
$1,055,500
4
3
3,198
Off Market
5611 S DOUBLOON Court #E, Tempe, AZ 85283
0.05
$287,000
2
1
1,050
Off Market
5604 S CLAMBAKE BAY Court S #B, Tempe, AZ 85283
0.06
$376,300
3
2
1,200
Off Market
5619 S ADMIRALTY Court #C, Tempe, AZ 85283
0.05
$355,000
2
2.5
1,242
For Sale
5620 S DOUBLOON Court #C, Tempe, AZ 85283
0.05
$340,500
2
3
1,242
Off Market
1070 E SANDPIPER Drive, Tempe, AZ 85283
0.11
$829,700
3
3
2,664
Off Market
1113 E SANDPIPER Drive, Tempe, AZ 85283
0.11
$918,000
3
2
2,366
Off Market
5620 S ADMIRALTY Court #E, Tempe, AZ 85283
0.06
$259,100
2
1
1,050
Off Market
5625 S ADMIRALTY Court, Tempe, AZ 85283
0.06
$247,600
2
1
1,050
Off Market

Local Information

  • Map ViewExplore the area around 1040 E Driftwood Dr.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
1972
Living Area
2,281 sqft
Price/Sqft
$318
Parking
Garage

About this House

This townhouse is located at 1040 E Driftwood Dr, Tempe, AZ. 1040 E Driftwood Dr is in the The Lakes neighborhood in Tempe, AZ and in ZIP code 85283. This property has 3 bathrooms and approximately 2,281 sqft of floor space. This property has a lot size of 4752 sqft and was built in 1972.
1040 E Driftwood Dr, Tempe, AZ 85283 is a studio, 3 bathroom, 2,281 sqft townhouse in The Lakes, built in 1972. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $726,100, with a rent estimate of $2,748/month.

Home Details for 1040 E Driftwood Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 7
Heating & Cooling
Air ConditioningCooling System: Refrigerator

Exterior Features

Exterior Home Features
Roof: Built UpExterior: StuccoPatio
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: Townhouse

Community

Units in Building: 1

Lot Information

Lot Area: 4752 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$4,138
$677,200
Home facts updated by county records

Market trends in Tempe

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$1.67KMoM
Sale-to-List Price
98.3%
0.1%MoM
Price per sq ft
$289
$3MoM
Available listings
571
21MoM

Around this home

Neighborhood Overview

The Lakes
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about The Lakes

At least 1 Trulia users voted on each feature.

  • 100 % Say neighbors are friendly

  • 100 % Say there are community events

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say car is needed

  • 100 % Say people would walk alone at night

  • 100 % Say there are sidewalks

  • 100 % Say streets are well-lit

  • 100 % Say it's dog friendly

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 100 % Say parking is easy

  • 67 % Say there's holiday spirit

  • 50 % Say it's walkable to restaurants

  • 50 % Say kids play outside

  • 50 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Myturtlepony
    "I love living here it's like a dream come true. The area is close to everything; shops, resteraunts and movies. "
    0
    Flag
  • Ann a. R. H.
    "No reason to spend money on big resorts if you live in the Lakes! Just hang put at the monster Olympic pool and enjoy the beautiful waterfront. Longest waterfront community in AZ-takes about hour to hour and half in boat -electric motors only-to cruise the Lakes."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1040 E Driftwood Dr

  • What is 1040 E Driftwood Dr estimated to be worth?
    Trulia's estimated value for 1040 E Driftwood Dr in Tempe, AZ is $726,100.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $463K. That is down $1.67K from the prior month.
  • What are the closest schools to 1040 E Driftwood Dr?
    The closest schools to 1040 E Driftwood Dr in Tempe, AZ are Fees College Preparatory Middle School (rated 2/10), Marcos De Niza High School (rated 5/10), Rover Elementary School (Pre-K/Middle, rated 9/10).
  • Does 1040 E Driftwood Dr have air conditioning?
    Yes, 1040 E Driftwood Dr in Tempe, AZ has air conditioning.
  • Does 1040 E Driftwood Dr have a garage?
    Yes, 1040 E Driftwood Dr in Tempe, AZ has a garage.

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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