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120 E Rio Salado Parkway , #204

Tempe, AZ 85281
  • $995,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 7001309
UPDATED: 35 min ago
$995,000
  • 2
    BEDS
  • 0.05
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,968
    SQFT
  • $506
    $/SQFT
Type:
Condo
Built:
2006
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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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Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2026-05-08T07:16:02.287.
www.yournextphoenixhome.com/homes/174283632
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120 E Rio Salado Parkway , #204 Tempe, AZ 85281

  • Price: $995,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 35 min ago
  • MLS #: 7001309
2
Beds
2
Baths
1
½ Baths
0.05
Acres
1,968
SQFT
$506
$/SQFT
2006
Built
Neighborhood:
Edgewater Hayden Ferry Lakeside Condo Amd
County:
Maricopa
Area:
Tempe
Elementary School:
Cecil Shamley School
Middle School:
Cecil Shamley School
High School:
Mcclintock High School
Property Description
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.
Exterior Features

Architectural Style OtherContemporary Attached Garage YN No Carport Spaces 0 Construction Materials Steel FramePainted Covered Spaces 2 Exterior Features BalconyStorage Fencing None Horse Amenities [] Horse YN No Lot Features NoneNorth/South ExposureWaterfront LotCorner Lot Open Parking Spaces 0 Other Structures [] Parking Features GatedGarage Door OpenerSeparate Strge AreaAssigned Pool Features [] Pool Private YN No Road Responsibility [] Road Surface Type [] Roof Other Spa Features Heated View DesertLakeCity LightsMountain(s)

Interior Features

Basement [] Basement YN No Bedrooms Plus 2 Common Walls [] Cooling Central Air Cooling YN Yes Fireplace Features Living RoomGas Fireplace YN Yes Heating Electric Heating YN Yes Interior Features High Speed InternetGranite CountersDouble VanityBreakfast Bar9+ Flat CeilingsElevatorNo Interior StepsKitchen IslandPantryFull Bth Master BdrmSeparate Shwr & Tub Laundry Features Inside Pantry Yes Separate Den Office YN No Window Features Dual PaneMechanical Sun ShdsTinted Windows

Property Features

Accessibility Features [] Association Fee 1836 Association Fee Frequency Monthly Association Fee Includes ElectricityRoof RepairInsuranceSewerMaintenance GroundsGasAir Cond/HeatingTrashWaterRoof ReplacementMaintenance Exterior Association YN Yes Auction No Builder Name Suncor Development Co Building Style High Rise Yes Cap Improvement Impact Fee2 0 Capmprovement Impact Fee 0.02 City Services Yes Community Features PoolLakeGatedCommunity SpaCommunity Spa HtdTransportation SvcsNear Light Rail StopNear Bus StopCommunity Media RoomGuarded EntryConciergePlaygroundBiking/Walking PathFitness Center Community Pool YN Yes Current Financing [] Disclosures Agency Discl ReqSeller Discl Avail Flood Zone No Flooring TileWood Green Energy Efficient [] Green Water Conservation [] Land Lease YN No Listing Terms CashConventionalVA Loan North South Exposure Yes Other Fees HOA 0 Ownership Condominium Ownership Fractional YN No PADFee YN2 No PADFee2 0 Possible Use [] Prepaid Association Fees HOA 3672 Property Attached YN Yes Property Condition [] Property Sub Type Apartment Rec Center Fee YN No Rec Center Fee2 YN No Security Features Fire Sprinkler SystemSecurity Guard Sewer Public Sewer Special Assessment HOA No Special Listing Conditions N/A Special Listing Conditions None Yes Tax Annual Amount 5905 Tax Year 2025 Total Monthly Fee 1836 Unit Style All On One Level Yes Utilities [] Water Source City Water Waterfront YN Yes

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Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2026-05-08T07:16:02.287.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E Baseline Rd
Mesa AZ, 85206