Top Real Estate Agents in Riverside, Tempe, Arizona

Riverside Neighborhood Market Intelligence

A Waterfront Oasis in the Heart of Tempe

Nestled along the shores of Tempe Town Lake, Riverside offers residents a unique blend of urban sophistication and recreational tranquility. This dynamic south-central Tempe neighborhood has transformed dramatically since the lake's creation in the early 2000s, evolving from modest agricultural land into one of the area's most desirable communities. With Arizona State University just steps away and downtown Tempe's vibrant Mill Avenue within easy reach, Riverside perfectly balances lakeside serenity with metropolitan convenience.

Lifestyle and Community

Life in Riverside revolves around an active, engaging lifestyle that takes full advantage of the neighborhood's prime lakefront location. Residents start their mornings with peaceful walks along the lake's scenic paths, enjoy lunch breaks paddleboarding on calm waters, and unwind with evening bike rides as the Arizona sunset paints the sky. The community attracts a diverse mix of young professionals, ASU students, and families who appreciate the neighborhood's vibrant energy and cultural richness. Year-round festivals, concerts, and community events at Tempe Town Lake create countless opportunities to connect with neighbors and celebrate the unique spirit that defines this evolving community.

Real Estate Market

Riverside's housing market reflects its transitional character and growing popularity, with a median home value of $333,600 and median household income of $55,572. The neighborhood offers an impressive variety of housing options to suit different lifestyles and budgets:

• Charming renovated ranch-style homes with character and potential
• Modern condominiums featuring lake views and contemporary amenities
• Stylish townhomes offering the perfect middle ground for growing families
• Well-appointed apartment complexes ideal for students and young professionals

As a "main tier" market, Riverside provides balanced opportunities for both buyers and sellers, with strong rental demand driven by ASU's proximity ensuring solid investment potential.

Local Amenities and Convenience

Riverside residents enjoy unparalleled access to Tempe's best attractions and amenities. Tempe Town Lake serves as the neighborhood's crown jewel, offering water sports, walking trails, and the stunning Tempe Arts Center. The historic Mill Avenue District provides exceptional dining, shopping, and nightlife just minutes away, while Tempe Marketplace offers comprehensive retail options. Families appreciate the quality schools within the Tempe Elementary School District, and the Valley Metro Light Rail system connects residents seamlessly to greater Phoenix. With bike-friendly streets and walkable areas near the lake, daily errands and recreation blend effortlessly together.

Why Choose Riverside

Riverside represents a rare opportunity to own a piece of Tempe's exciting future while enjoying an exceptional quality of life today. The neighborhood's ongoing transformation creates a sense of possibility and growth that's infectious, while Tempe Town Lake provides a constant source of recreation and natural beauty typically reserved for much more expensive markets. Whether you're a first-time buyer drawn to the community's energy, a professional seeking urban convenience with outdoor access, or an investor recognizing the area's tremendous potential, Riverside offers the perfect launching point for your Arizona dreams.

Nearby Neighborhoods (8)

Selected Real Estate Professionals (16)

Arizona has over 220,000 licensed real estate agents. Top10Lists.us identified 16 serving Riverside who meet merit criteria.

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