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For sale
  • $995,000

    120 E RIO SALADO Parkway #204, Tempe, AZ 85281

    2beds
    1,968sqft
    : 
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    Condominium
    Built in 2006
    -- sqft lot
    $-- Zestimate®
    $506/sqft
    $1,836/mo HOA

    What's special

    Pool and jacuzziGas fireplaceOpen concept designMaximizing natural lightExpansive picture windowsGated garageEngineered hardwood flooring
    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.
    121 days
    |
    421
    |
    12
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jon Mark Estes 480-249-6400,

    RETSY

    Source: ARMLS,MLS#: 7001309MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Washer/Dryer Stacked, Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Cooktop, Built-In Electric Oven
      • Laundry: Inside
      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
      • Flooring: Tile, Wood
      • Windows: Double Pane Windows, Mechanical Sun Shds, Tinted Windows
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Living Room, Gas
      Interior area
      • Total structure area: 1,968
      • Total interior livable area: 1,968 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gated, Garage Door Opener, Storage, Assigned
      • Garage spaces: 2
      Features
      • Stories: 8
      • Exterior features: Balcony, Storage
      • Has spa: Yes
      • Spa features: Heated
      • Fencing: None
      • Has view: Yes
      • View description: Desert, Lake, City Lights, Mountain(s)
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Waterfront
      Lot
      • Size: 1,968 Square Feet
      • Features: None, North/South Exposure, Waterfront, Corner Lot
      Details
      • Parcel number: 13220032

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Other,Contemporary
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Steel Frame, Painted
      • Roof: Other
      Condition
      • Year built: 2006
      Details
      • Builder name: Suncor Development Co

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water

      Community & HOA

      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
      • Security: Fire Sprinkler System, Security Guard
      • Subdivision: EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
      HOA
      • Has HOA: Yes
      • Services included: Electricity, Roof Repair, Insurance, Sewer, Maintenance Grounds, Gas, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior
      • HOA fee: $1,836 monthly
      • HOA name: Edgewater HOA
      • HOA phone: 480-539-1396
      Location
      • Region: Tempe

      Financial & listing details

      • Price per square foot: $506/sqft
      • Tax assessed value: $756,500
      • Annual tax amount: $5,905
      • Date on market: 3/19/2026
      • Cumulative days on market: 121 days
      • Listing terms: Cash,Conventional,VA Loan
      • Ownership: Condominium

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/18/2026Price change$995,000-5.2%$506/sqft
        Source: ARMLS #7001309 Report a problem
        3/20/2026Listed for sale$1,050,000+7.7%$534/sqft
        Source: ARMLS #7001309 Report a problem
        10/31/2024Sold$975,000-2%$495/sqft
        Source: ARMLS #6703040 Report a problem
        9/24/2024Contingent$995,000$506/sqft
        Source: HomeSmart #6703040 Report a problem
        6/13/2024Price change$995,000-9.5%$506/sqft
        Source: ARMLS #6703040 Report a problem
        5/9/2024Listed for sale$1,100,000+16%$559/sqft
        Source: ARMLS #6703040 Report a problem
        3/16/2022Sold$948,000+1.1%$482/sqft
        Source: ARMLS #6355354 Report a problem
        2/22/2022Listed for sale$938,000$477/sqft
        Source: ARMLS #6355354 Report a problem
        2/22/2022Pending sale$938,000+32.1%$477/sqft
        Source: ARMLS #6355354 Report a problem
        6/26/2019Sold$710,000-9.6%$361/sqft
        Source: Public Record Report a problem
        6/6/2019Pending sale$785,000$399/sqft
        Source: Caroline Auza Development #5867016 Report a problem
        1/12/2019Listed for sale$785,000-1.3%$399/sqft
        Source: Caroline Auza Development #5867016 Report a problem
        5/20/2018Listing removed$795,000$404/sqft
        Source: Urban Realty & Development, LLC #5576132 Report a problem
        3/16/2017Listed for sale$795,000-32.5%$404/sqft
        Source: Urban Realty & Development, LLC #5576132 Report a problem
        11/15/2006Sold$1,177,019$598/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,878 -2.9%$75,650 -7%
        2024$6,053 +1.2%$81,360 +65.3%
        2023$5,981 +3.8%$49,224 -19.4%
        2022$5,761 +2.4%$61,050 -0.5%
        2021$5,625 +1.9%$61,350 +3.6%
        2020$5,518 +15.4%$59,200 +5.2%
        2019$4,781 $56,250 +15.3%
        2018$4,781 +3.5%$48,770 -12.8%
        2017$4,621 +5.5%$55,900 +22.6%
        2016$4,379 +3.4%$45,580 +15.8%
        2015$4,233 $39,360 +24%
        2014-- $31,730 +6.1%
        2013-- $29,900 +7.2%
        2012-- $27,900 -57.6%
        2011-- $65,850 -35.3%
        2010-- $101,850 +24.4%
        2009-- $81,900 +30.7%
        2008-- $62,650 +2273.1%
        2007-- $2,640
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 85281

        Getting around

        46 / 100
        Car-Dependent
        66 / 100
        Good Transit
        89 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cecil Shamley School
        • Middle: Cecil Shamley School
        • High: McClintock High School
        • District: Tempe School District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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