120 E RIO SALADO Parkway # 204 Tempe, AZ $ 1,050,000
120 E RIO SALADO Parkway # 204
$ 1,050,000
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120 E RIO SALADO Parkway # 204

Tempe, AZ, 85281
$ 1,050,000
Bedrooms2 Baths2.1 Sq 1,968

Monthly Estimate*

$ 6,465

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Condo for sale in Tempe, AZ

for $1,050,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,968 square foot condo was built in 2006 on a lot size of 0.05.

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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Condo Active

Price

$ 1,050,000

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Condo

Taxes

$ 5,905

Style

Contemporary

Lot Size

0.05

Year Built

2006

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

7001309

Features
Interior
Interior Amenities 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 & Tub
Flooring Tile Wood
Fireplace Features Living Room Gas
Total Stories 8
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Dual Pane Mechanical Sun Shds Tinted Windows
Fireplace Y/N Y
Laundry Features Inside
Total Bedrooms 2
Total Baths 3
Bedrooms Possible 2
Built-in Microwave True
Kitchen Island True
Pantry True
Reverse Osmosis True
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General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Possession Close Of Escrow
Roof Other
HOA Fee 1836.0
Garage Spaces 2.0
Association Fee Includes Electricity Roof Repair Insurance Sewer Maintenance Grounds Gas Air Cond/Heating Trash Water Roof Replacement Maintenance Exterior
Architectural Style Other Contemporary
Security Features Fire Sprinkler System Security Guard
Construction Materials Steel Frame Painted
Year Built 2006
View Desert Lake City Lights Mountain(s)
Township 1N
Unit Number 204
Property Subtype Apartment
Tax Year 2025
Ownership Condominium
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
Assoc Fee Paid Per Monthly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions Head west on Rio Salado from Rural Rd. Turn north on Hayden Ferry Lakeside make a right at the round about guest parking is in the garage at the end on the left.
High School McClintock High School
City Tempe
Disclosures Agency Discl Req Seller Discl Avail
Association Name Edgewater HOA
High School District Tempe Union High School District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 1968.0
Carport Spaces 0.0
Carport Y/N N
Spa Features Heated
Elementary School Cecil Shamley School
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 5905.0
Home Warranty Y/N N
Middle/Junior High School Cecil Shamley School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://vimeo.com/1175110226?share=copy&fl=sv&fe=ci
Builder Name Suncor Development Co
Standard Status Active
Occupancy Type Owner
Elementary School District Tempe School District
Tax Lot 2-04
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 1836.0
New Financing Cash True
New Financing: VA True
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Exterior
Exterior Amenities Balcony Storage
Fencing None
Parking Features Gated Garage Door Opener Separate Strge Area Assigned
Lot Features None North/South Exposure Waterfront Lot Corner Lot
Water Source City Water
Lot Size Area 1968.0
Spa Y
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N Y
Covered Spaces 2.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 120
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* Excluded Features
List By
Retsy

Broker

jmestesrealty@gmail.com

Email

Affordability Calculator

$6,957
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,465
Monthly Property Taxes
$492
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327385 Elementary School
4327497 Middle School
McClintock High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$1,050,000 Listed Price

Map


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120 E RIO SALADO Parkway # 204, Tempe, AZ, 85281 is a Condo for sale at $1,050,000 with 1,968 sqft and a lot size of 0.05. 120 E RIO SALADO Parkway # 204 has 2 bedrooms, 2.1 baths, and was built in 2006. The property's zip code is 85281 which is in Tempe, AZ