84/48 LUXURY · 85284 GUIDE · NEIGHBORHOODS
ULTRA-LUXURYCalle de Caballos
Street of Horses. 14 homes. Highest income in 85284.
~$1.42M
Median Value
(-8.5% YOY*)
14
Homes in
Neighborhood
85284
Zip Code
South Tempe
Kyrene
Elementary
School District
The character.
Calle de Caballos — "Street of Horses" — is exactly what the name suggests: a 14-home horse-property enclave where 100% of homes are owner-occupied and the median household income at $218K is the highest of any neighborhood in this guide. This is a neighborhood of serious buyers who paid serious money and intend to stay.
That -8.5% year-over-year figure needs immediate context: in a market of 14 homes, one below-average sale can skew the entire dataset. Neighboring Shady Lane Estates shows a median of $1.92M with a similar 14-home count, suggesting ultra-luxury comps exist nearby. The long-term value trajectory here is upward — don't let one data point define your view of this corridor.
Who buys here.
Established equestrian buyers, executives, and ultra-high-net-worth families who want horse-keeping with maximum privacy and minimum density. Buyers who can afford to wait for the right home.
Why it works.
Why Locals Love It
The name says it all. Horse-keeping in Tempe with 100% owner commitment means the property is cared for. No absentee owners, no neglect.
Good to Know
The -8.5% is almost certainly a single low comp distorting the AVM. Do not use this as a negotiating tool without actual sold comparables. Agent intel matters here more than automated data.
Pro Tip
The income profile here ($218K median HH income) is the real data story. These are high-earning owners who bought for lifestyle, not leverage. That creates pricing floor stability.
HONEST TRADEOFF
14 homes means turnover is rare and inventory thin. Buyers should be prepared for a long lead time and pre-market relationships are critical.
Who this fits.
“Don’t let the -8.5% scare you. At 14 homes, one transaction is the entire dataset. The income profile here — $218K median HH income — tells a more honest story about who lives in Calle de Caballos and what they paid.”
The specs.
Median Value~$1.42M
Est. Home Count~14
12-Mo. Change-8.5%*
Median Home Age~42 years
Ownership100% owner-occupied
HOANone typical
Med. HH Income $218K
Where it sits.
Established horse-property street in southeastern 85284, adjacent to Shady Lane Estates and Warner Estates. Kyrene Elementary, Corona del Sol High School.
Thinking about Calle de Caballos?
Let's talk specifics. I can tell you what's currently active, what's likely coming off-market in the next 90 days, and whether this neighborhood is the right fit for your specific move. 15 minutes — no pressure.