Listing provided courtesy of RETSY- MLS# 7001309MLS Provider

120 E RIO SALADO Parkway #204Tempe, AZ 85281

Single Family · 2 Beds · 2 Full Baths · 1 Half Bath · 1,968 Sq. ft. | 0.05 Acres
$995,000 Active

120 E RIO SALADO Parkway #204 Overview

Time on Site:
102 days
Visits:
0

Experience elevated waterfront living at Edgewater, where unobstructed views of the lake and the iconic Mill Avenue Bridge create a striking backdrop to everyday life. Expansive picture windows immediately draw your attention outward as rowing crews glide across the water, cyclists trace the shoreline, and the energy of downtown unfolds just beyond. The open concept design is intentional, maximizing natural light while seamlessly connecting interior living spaces to the surrounding scenery. This unique two bedroom, two and a half bathroom floor plan offers noticeably more living space than similar units on higher floors due to the architectural shape of the building, creating a larger and more functional layout that is rarely available. The guest suite is exceptionally spacious and currently accommodates two queen Murphy beds, a standup desk, and dedicated space for yoga and fitness, making it larger than many primary suites within the building. The guest bathroom is positioned just off the suite, while an additional half bath near the entry foyer allows for effortless hosting of both long term guests and everyday entertaining. The primary suite serves as a true retreat, offering generous proportions with an oversized layout that provides more than enough space for a king sized bed, a dedicated office or desk setup, or an additional sitting area. The spa inspired bathroom is designed for both comfort and privacy. Two private balconies provide front row access to morning sunrises and vibrant Arizona sunsets reflected across the water. The kitchen is both functional and refined, anchored by a waterfall island and designed to flow seamlessly into the main living and dining areas. Additional features include engineered hardwood flooring, automated Hunter Douglas window coverings, a gas fireplace, and secure parking with climate controlled storage. Located within Edgewater at Tempe Town Lake, this iconic building offers a full suite of resort style amenities. Residents enjoy a gated garage, a front desk attendant with on site security, a pool and jacuzzi, fitness center, and a private community lawn with lounge areas and grills. Additional shared spaces include a clubhouse with kitchen, television lounge and a pool table room. Direct access to Tempe Town Lake's dock, as well as immediate connection to the lake's walking and biking paths, places the outdoors at your doorstep. Edgewater is professionally managed with on site HOA management and strong reserves, offering peace of mind through thoughtful, well maintained operations. With A Mountain and Tempe Town Lake as your playground and seamless access to Tempe, Phoenix, and Scottsdale, this residence delivers a rare balance of tranquility, convenience, and iconic desert living.

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120 E RIO SALADO Parkway #204 Facts & Features

  • Type Single Family
  • Sq. ft. 1,968
  • Price/Sq.ft. $506
  • Lot 0.05 Acres

Details

General

Association/HOA

  • Association Fee: $1,836.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Electricity,Roof Repair,Insurance,Sewer,Maintenance Grounds,Gas,Air Cond/Heating,Trash,Water,Roof Replacement,Maintenance Exterior
  • Association Name: Edgewater HOA
  • Association: true

School Information

  • School District: Tempe Union High School District
  • Elementary School: Cecil Shamley School
  • Middle Or Junior School: Cecil Shamley School
  • High School: McClintock High School

Building Information

  • Builder Name: Suncor Development Co
  • Year Built: 2006

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Tempe
  • Subdivision Name: EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
  • Township: 1N

Community/Development

  • Community Features: Pool,Lake,Gated,Community Spa,Community Spa Htd,Transportation Svcs,Near Light Rail Stop,Near Bus Stop,Community Media Room,Guarded Entry,Concierge,Playground,Biking/Walking Path,Fitness Center

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: $5,905.00
  • Tax Year: 2025

General Information

  • Disclosures: Agency Discl Req,Seller Discl Avail
  • Listing Terms: Cash,Conventional,VA Loan
  • Ownership: Condominium
  • Parcel Number: 132-20-032
  • Property Sub Type: Apartment
  • Property Type: Residential
  • Special Listing Conditions: N/A

Interior

Parking Information

  • Garage Spaces: 2.0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 2
  • Bedrooms Possible: 2

Building Interior

  • Building Area Source: Assessor

General Information

  • Fireplace Features: Living Room,Gas
  • Fireplace: true
  • Fireplaces Total: 1
  • Flooring: Tile,Wood
  • Interior Features: High Speed Internet,Granite Counters,Double Vanity,Breakfast Bar,9+ Flat Ceilings,Elevator,No Interior Steps,Kitchen Island,Pantry,Full Bth Master Bdrm,Separate Shwr \u0026 Tub
  • Laundry Features: Inside
  • Living Area: 1968.0
  • Living Area Source: Assessor
  • Rooms Total: 0
  • Security Features: Fire Sprinkler System,Security Guard
  • Spa Features: Heated
  • Stories Total: 8
  • Window Features: Dual Pane,Mechanical Sun Shds,Tinted Windows

Unit Information

  • Unit Number: 204

Exterior

Parking Information

  • Parking Features: Gated,Garage Door Opener,Separate Strge Area,Assigned

Lot Information

  • Lot Features: None,North/South Exposure,Waterfront Lot,Corner Lot
  • Lot Size Area: 1968.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1968.0
  • Lot Size Units: Square Feet
  • Water Source: City Water

Waterfront/View

  • View: Desert,Lake,City Lights,Mountain(s)
  • Waterfront: true

Building Exterior/Construction

  • Architectural Style: Other,Contemporary
  • Attached Garage: false
  • Construction Materials: Steel Frame,Painted
  • Property Attached: true
  • Roof: Other

General Information

  • Covered Spaces: 2.0
  • Exterior Features: Balcony,Storage
  • Fencing: None
  • Horse: false
  • Pool Private: false
  • Sewer: Public Sewer

120 E RIO SALADO Parkway #204 Neighborhood

Community

85281 (TEMPE) Demographics

25
Median Age
5,130
Population Density (per sq. mile)
50%
College Educated
$42,545
Estimated Median Income
5,503
Estimated Total Home Owners
20,386
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

120 E RIO SALADO Parkway #204 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

120 E RIO SALADO Parkway #204 Market Data

Based on the last 30 days in this zip code

$566,243
Average List Price
$387
Average Price per Square Foot
18
Properties Sold
80
Average Days on Market
149
Properties for Sale
Calculations provided by Reliance Network

120 E RIO SALADO Parkway #204 History

Date Event Value Agent
4/17/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$995,000 -5.2%
3/19/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
March 19, 2026
11/1/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Status Change
Closed
9/23/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Status Change
UCB (Under Contract-Backups)
6/12/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$995,000 -9.5%
5/9/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
May 09, 2024