For Sale Condo MLS# 7001309

120 E RIO SALADO Parkway 204

Tempe, AZ 85281

$995,000

Take the tour

About 120 E RIO SALADO Parkway 204

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.

Property details

Property

Type
Apartment
MLS type
Lease
Status
Active
Year built
2006
Stories
8
Living area
1,968 sqft
Price / sqft
$506
Lot
0.05
Original price
$1,050,000
MLS #
7001309

Interior

Features
Central Air, 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, Electric, Inside, Tile, Wood, Living Room, Gas, Fireplace
Flooring
Tile, Wood
Heating
Electric
Cooling
Central Air
Laundry
Inside
Windows
Dual Pane, Mechanical Sun Shds, Tinted Windows

Exterior & lot

Features
Other, Contemporary, Balcony, Storage, Heated, Gated, Garage Door Opener, Separate Strge Area, Assigned
Construction
Steel Frame, Painted, Other, Dual Pane, Mechanical Sun Shds, Tinted Windows
Roof
Other
Lot
13220032
Parking
Gated, Garage Door Opener, Separate Strge Area, Assigned
Garage spaces
2

Schools

District
Tempe School District
Elementary
Cecil Shamley School
Middle
Cecil Shamley School
High
McClintock High School

Utilities

Utilities
Public Sewer, City Water
Water
City Water
Sewer
Public Sewer

Financial

HOA
Yes
Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$5,905
Tax year
2025
Parcel
13220032

Location

Subdivision
EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
County
Maricopa
Neighborhood
Downtown Tempe
Community
Maricopa, Electricity, Roof Repair, Insurance, Sewer, Maintenance Grounds, Gas, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior, 1836.0, Monthly, Arizona Regional Multiple Listing Service 2, Tempe School District
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.

Location

Neighborhood
Downtown Tempe
Subdivision
EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
School district
Tempe School District

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Listed by Jon Mark Estes, RETSY

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.