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MLS: 7001309     $1,050,000
2 Bedrooms with 3 Baths

MLS: 7001309 Condo For Sale
120 E RIO SALADO PARKWAY 204#204
TEMPE AZ 85281

MLS:  7001309
Status:  ACTIVE
List Price:  $1,050,000
Price per SQFT:  $534
Square Footage:  1968

2 Bedrooms
3 Baths
Year Built:  2006
Zip Code:  85281

 

Listing Remarks

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.

Address: 120 E RIO SALADO PARKWAY 204#204 TEMPE AZ 85281

MLS Logo  ARMLS JON MARK ESTES of RETSY

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Condo Mania Agent

Featured Real Estate Agent Angela Covey

Angela Covey

Homesmart
Real Estate Agent
Phone: 602-677-9038

Contact Angela Covey

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Listing Photos

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Listing Details

STATUS:Active
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Apartment
LISTING CONTRACT DATE:2026-03-19
ON MARKET DATE:2026-03-19
BEDROOMS:2
LIVING AREA SQ FT:1968
LIVING AREA SOURCE:Assessor
YEAR BUILT:2006
TAXES:$5,905
HOA/MGMT CO:Edgewater HOA
HOA/MGMT PHONE:480-539-1396
HOA FEES FREQUENCY:Monthly
HOA FEES:$1,836
HOA INCLUDES:Electricity, Roof Repair, Insurance, Sewer, Maintenance Grounds, Gas, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior
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
APPLIANCES INCLUDED:Stacked Washer/Dryer, Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Cooktop, Built-In Electric Oven
ARCHITECTURAL STYLE:Other, Contemporary
BUILDER NAME:Suncor Development Co
CONSTRUCTION:Steel Frame, Painted
EXTERIOR FEATURES:Balcony, Storage
FIREPLACE:Living Room, Gas
FLOORING:Tile, Wood
HEATING:Electric
COOLING:Central Air
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 & Tub
LAUNDRY FEATURES:Inside
LOT FEATURES:None, North/South Exposure, Waterfront Lot, Corner Lot
# GARAGE SPACES:2
# CARPORT SPACES:0
PARKING FEATURES:Gated, Garage Door Opener, Separate Strge Area, Assigned
ROOF:Other
STORIES TOTAL:8
VIEW:Desert, Lake, City Lights, Mountain(s)
LEGAL DESCRIPTION:LOT 2-04 EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD MCR 072305
LISTING AGENT:JON MARK ESTES
LISTING OFFICE:RETSY
LISTING CONTACT:480-249-6400

Estimated Monthly Payments

List Price:$1,050,000
20% Down Payment:$210,000
Loan Amount:$840,000
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$5,309

Estimate does not include taxes, fees, insurance.

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Property Location: 120 E RIO SALADO PARKWAY 204#204 TEMPE AZ 85281


Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 0.25 mi

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6918674 $755,000 140 E RIO SALADO PARKWAY 412#412 2 2 1810 BRIDGEVIEW
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Condo Mania Agent

Featured Real Estate Agent Mary Ann Kren

Mary Ann Kren

Homesmart
Real Estate Agent
Phone: 480-221-4437

Contact Mary Ann Kren

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Last Updated: 2026-03-20 04:34:58