What a RARE find! Located just 15 minutes from Arizona State University in South Tempe's premier gated community, this stunning basement home offers unbeatable convenience for students, faculty, and families alike. A direct bus route from the front gate to campus makes commuting a breeze and eliminates the hassle of campus parking. Nestled on a quiet cul-de-sac, this property features 5 bedrooms, 3.5 bathrooms, a 4-car garage, RV gate, mature landscaping, and fantastic curb appeal. The interior exudes elegance with high-vaulted ceilings, abundant natural light, a movie room, office with murphy bed, and tasteful flooring - tile & soft carpet in all the right places. The combined living & dining room is perfect for receiving guests! You'll love the separate family room paired with a media niche & sliding doors to the back. The impressive kitchen boasts built-in appliances, granite counters, travertine backsplash, a plethora of cabinetry, see-thru cupboards, a built-in desk, a center island, and an extra eating area. The large main bedroom has an ensuite with dual vessel sinks, a jet tub, a glass-enclosed shower, & a custom walk-in closet. But wait, there's MORE! The finished basement includes two bedrooms and a full bathroom. One bedroom even features a built-in dual-station desk and a Murphy bed - perfect for guests or a home office setup! Featuring a theater room with a screen & equipment, this home is an entertainer's delight. The HUGE backyard provides an extended flagstone-covered patio, a fire pit, natural grass, five fruit trees, and a tranquil pond w/waterfall. What's not to like? See it! Love it! Live it!
Sold for $1,075,000 on 06/18/25
$1,075,000
427 W Louis Way, Tempe, AZ 85284
5beds
3baths
3,674sqft
Single Family Residence
Built in 1999
0.42 Acres Lot
$1,071,300 Zestimate®
$293/sqft
$3,607 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 08:56am
Listed by:
Stephen Horn 602-432-4851,
Real Broker,
Taylor Melander 602-432-4851,
Real Broker
Bought with:
John P Galaviz, SA673471000
eXp Realty
Source: ARMLS,MLS#: 6842180

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3.5
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Gas Cooktop
Features
- High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Carpet, Tile
- Windows: Low Emissivity Windows, Solar Screens, Double Pane Windows
- Basement: Finished
- Has fireplace: No
- Fireplace features: Fire Pit, None
Interior area
- Total structure area: 3,674
- Total interior livable area: 3,674 sqft
Property
Parking
- Total spaces: 8
- Parking features: RV Gate, Garage Door Opener, Direct Access
- Garage spaces: 4
- Uncovered spaces: 4
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Pool features: None
- Spa features: None, Bath
- Fencing: Block
Lot
- Size: 0.42 Acres
- Features: Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Details
- Parcel number: 30813721
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted, Stone
- Roof: Tile
Condition
- Year built: 1999
Details
- Builder name: Fulton Homes
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & neighborhood
Community
- Community features: Playground, Biking/Walking Path
Location
- Region: Tempe
- Subdivision: ALISANOS 2ND & 3RD AMD
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $599 quarterly
- Services included: Maintenance Grounds
- Association name: AAM LLC
- Association phone: 800-354-0257
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Services availability
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Estimated market value
$1,071,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,071,300