Ten01 on the Lake is a landmark residential community located at 1001 E Playa Del Norte Dr, Tempe, AZ 85288. Positioned directly along the north shore of Tempe Town Lake, it serves as a central hub for Arizona State University (ASU) students, corporate professionals, and outdoor enthusiasts. Managed by the regionally renowned Mark-Taylor Residential, this five-story complex offers a diverse range of living spaces, from efficient studios to expansive four-bedroom floor plans.

For those navigating the competitive Phoenix-area rental market, Ten01 represents a specific lifestyle choice that balances urban density with immediate access to waterfront recreation and mountain views. The property, built in 2008 and consistently updated, comprises 524 units designed with high-end finishes and a focus on communal social spaces.

Strategic Location and Neighborhood Connectivity

The primary draw of Ten01 is its geographical placement. Situated just across the river from the ASU Tempe campus, the community allows for a quick commute while maintaining a distinct "lakeside" atmosphere that feels separate from the frantic energy of the immediate college campus.

Proximity to Employment and Education

Residents benefit from being within biking distance of the Lake Side Corporate Park, which houses numerous tech and financial firms. This makes Ten01 a popular choice for young professionals who want to live where they work. For students, the proximity to the university is balanced by the complex’s upscale nature, often attracting upperclassmen or graduate students seeking a more refined environment than traditional student housing.

Entertainment and Recreation Access

Mill Avenue, the heart of Tempe’s dining, bar, and retail scene, is approximately a short bike ride or a brisk walk away. Furthermore, the community sits adjacent to Papago Park, known for its iconic Hole-in-the-Rock formation and miles of hiking and biking trails. The direct access to the Tempe Town Lake waterfront paths is a defining characteristic, catering to runners, cyclists, and those who enjoy evening strolls by the water.

Regional Transit

Accessibility to the greater Phoenix metropolitan area is facilitated by the nearby South Mountain Freeway (Loop 202). This provides streamlined access to Scottsdale, Downtown Phoenix, and the Sky Harbor International Airport, which is typically reachable within a 10-to-15-minute drive depending on traffic conditions.

Detailed Floor Plan Breakdown

Ten01 offers one of the most varied selections of floor plans in the Tempe area, catering to diverse household sizes and budgetary requirements. The square footage ranges from compact 497-square-foot units to massive loft-style layouts exceeding 2,300 square feet.

Studios and Studio Lofts

Starting at roughly $1,289 per month, the studios are designed with open-concept layouts to maximize the perception of space. A unique offering here is the "Studio Loft." These units, which can span up to 1,333 square feet, often feature vaulted ceilings and two-level living arrangements, a rarity for studio apartments. These are particularly favored by remote workers who desire a clear separation between their living area and their home office.

One-Bedroom Residences

The standard one-bedroom apartments typically start around 497 square feet and can go up to 900+ square feet for those including loft levels. These units are characterized by walk-in closets and gourmet kitchens. Pricing for a standard one-bedroom unit often hovers between $1,200 and $1,800 depending on the specific view (mountain vs. lake) and the floor level.

Two-Bedroom Suites

The two-bedroom options are highly sought after by roommates and small families. Standard layouts start at around 700 square feet, but the "2 Bed / 2 Bath / Loft" configurations are the community’s crown jewels, offering up to 2,375 square feet. These expansive units feel more like townhomes than apartments, featuring multi-level designs and premium architectural details.

Three and Four-Bedroom Layouts

Unlike many luxury developments that stop at two bedrooms, Ten01 provides three and four-bedroom options. A three-bedroom unit averages around 1,484 square feet, with rents starting near $2,700. The four-bedroom units, around 1,280 square feet, are specialized floor plans that cater to larger groups or families needing a specific room count within a luxury framework.

Interior Features and Modern Aesthetics

The units at Ten01 are designed with a "sophisticated urban" aesthetic. In our observation of these spaces, the focus remains on durability and high-end visual appeal.

  • Kitchens: Most kitchens feature quartz or granite countertops, which are standard for luxury living in the Valley. These are paired with stainless steel appliances and custom cabinetry. The "chef-inspired" design often includes an island or a breakfast bar that serves as a focal point for entertaining.
  • Flooring and Finishes: Wood-inspired flooring is prevalent in the common areas of the units, providing a sleek look that is easy to maintain in the desert environment. Bedrooms often feature high-quality carpeting for comfort.
  • Convenience Hardware: In-unit washers and dryers are standard across all floor plans. Many units also feature vaulted ceilings, ceiling fans, and double-pane windows to assist with climate control and noise reduction.
  • Outdoor Living: Private balconies or patios are common, offering residents a personal space to enjoy the Arizona sunsets, with many units specifically positioned to overlook the water.

Community Amenities and the Resort Experience

The amenity package at Ten01 is designed to mimic a five-star resort, emphasizing social interaction and wellness.

The Pool and Rooftop Lounge

The central courtyard features a resort-style swimming pool surrounded by cabanas and lounging areas. However, the standout feature is the five-story rooftop lounge. This space offers panoramic views of Tempe Town Lake and the surrounding mountain ranges, making it a premier spot for resident social gatherings or quiet evening relaxation.

Fitness and Wellness

The fitness center is equipped with Technogym equipment, which is recognized globally for its ergonomics and performance tracking. Beyond standard cardio and strength machines, there is a dedicated spin and yoga room. The community also provides free weekly fitness classes, a high-value perk for those who prefer guided workouts.

Unique Shared Services

Ten01 distinguishes itself through its "sharing" programs. Residents have access to:

  • Kayak Sharing: Direct access to the lake allows residents to check out kayaks for water recreation.
  • Beach Cruiser Program: Free cruisers are available for exploring the local trails and Mill Avenue.
  • Movie Rentals: A legacy but appreciated feature where residents can access media for the on-site theater room.

The MT+ Technology Bundle

As a Mark-Taylor property, Ten01 utilizes the MT+ suite of technology. This includes:

  • Smart Home Technology: Integrated locks and thermostats that can be controlled via smartphone.
  • The Home Portal App: A centralized hub for paying rent, requesting maintenance, reserving fitness classes, and engaging with the community marketplace.
  • Connected Living: High-speed internet infrastructure is pre-installed to ensure seamless connectivity from move-in day.

Pet Policy and Community Culture

Ten01 is a pet-friendly community, welcoming both cats and dogs with a 100-pound weight limit, which is more generous than many competing complexes.

  • Fees: There is a one-time pet fee of approximately $300 and a pet deposit of $180. Monthly pet rent is generally $35 per pet.
  • Limit: The community allows up to two pets per apartment home.
  • Environment: While there are weight limits and breed restrictions common to most corporate-managed properties, the overall atmosphere is very welcoming to pet owners, with plenty of walking paths nearby.

The community culture is described by residents as "buzzing" and "vibrant." The mix of students, faculty, and business professionals creates a diverse social fabric. The management team frequently organizes planned social activities, ranging from pool parties to holiday mixers, fostering a sense of belonging among the 500+ households.

Understanding the Financials: Rent, Fees, and Specials

Prospective residents should look beyond the base rent to understand the total cost of living at Ten01.

Pricing Trends

As of early 2025, base rents fluctuate based on availability and season:

  • Studios: $1,289 – $1,400+
  • 1 Bedroom: $1,339 – $1,800+
  • 2 Bedroom: $1,409 – $2,300+
  • 3+ Bedroom: $2,700 – $3,100+

Fees and Deposits

  • Application Fee: Typically $0 during promotions, but can range up to $250.
  • Administrative Fee: Often waived during move-in specials.
  • Utilities: Residents are generally responsible for all utilities, including water, trash, sewage, and electricity.
  • Parking: Covered parking and a six-level parking garage are available. Some units include one assigned space, while additional spaces may incur a fee.

Rent Specials

The property frequently offers aggressive move-in specials, such as "up to 12 weeks free" on select units. These concessions can significantly lower the effective monthly rent over the course of a 12-month lease.

Resident Feedback and Living Experience

Based on an analysis of resident sentiment and property features, there are clear advantages and considerations for those thinking about moving to Ten01.

The Pros

  1. Unbeatable Location: Access to the lake and Papago Park is a major lifestyle upgrade for active individuals.
  2. Architecture: The loft-style layouts provide a sense of volume and luxury that standard "cookie-cutter" apartments lack.
  3. Amenities: The combination of a rooftop deck, high-end gym, and lake-specific perks (kayaks) provides high value.
  4. Management: Mark-Taylor is generally regarded for having responsive on-site maintenance and professional leasing staff.

The Cons

  1. Traffic and Noise: Being near the freeway and a popular recreation area means there is constant ambient noise. Residents facing the lake or the street may experience more sound than those in interior courtyard units.
  2. Parking Complexity: The six-level garage, while secure, can be cumbersome for residents on higher floors or for guests visiting during peak hours.
  3. Pricing Premium: You are paying for the location. Similar square footage may be found for slightly less in South Tempe or Mesa, though without the lakeside amenities.

Living in Tempe: The Local Context

To live at Ten01 is to be immersed in the "New Tempe" economy. This area has transitioned from a college town to a significant urban center. Within a one-mile radius, residents can find:

  • Grocery: Trader Joe’s and specialty markets like Bharat Bazaar.
  • Dining: From quick bites like In-N-Out Burger and Wingstop to upscale eateries near Mill Avenue.
  • Nature: The Papago Park trails are essential for escaping the urban heat and getting a high-ground view of the Valley.

The Walk Score for this area is relatively high for a desert city, particularly for those who utilize the light rail or bike paths to commute into the university or downtown.

Summary

Ten01 on the Lake stands as one of the most comprehensive luxury housing options in Tempe. It successfully bridges the gap between student living and professional residency by offering high-end finishes, unique loft architecture, and a robust technology package. While the price point reflects its premium location, the inclusion of resort-style amenities and the proximity to Tempe Town Lake offer a lifestyle that is difficult to replicate elsewhere in the East Valley.

FAQ

What is the address of Ten01 Apartments? Ten01 is located at 1001 E Playa Del Norte Dr, Tempe, AZ 85288.

Is Ten01 student housing? While it is very close to the ASU Tempe campus and attracts many students, it is a traditional luxury apartment community open to all professionals, families, and residents. It is not "student-only" housing.

What utilities are included in the rent? Generally, no utilities are included in the base rent. Residents are responsible for electricity (APS), water, sewage, and trash services.

Are there move-in specials at Ten01? Yes, the property frequently offers promotions such as 8 to 12 weeks of free rent on specific floor plans. It is recommended to contact the leasing office for current "look and lease" specials.

What is the pet policy at Ten01? Ten01 is pet-friendly, allowing up to two pets per unit with a 100-pound weight limit. Breed restrictions apply, and there are associated pet fees, deposits, and monthly pet rent.

Who manages Ten01? The property is managed by Mark-Taylor Residential, a prominent property management firm in Arizona.

Does Ten01 have a pool? Yes, the community features a resort-style swimming pool, a hot tub, and a five-story rooftop lounge for residents.

Is there parking available? The community includes a six-level parking garage and offers covered parking options. Assigned spaces are typically available, sometimes included with the unit or available for an additional fee.