Elevate your lifestyle with this exceptional luxury condo, where breathtaking water views meet the vibrant energy of Tempe's most coveted location. Perched above Tempe Town Lake, this residence offers an unparalleled blend of sophistication, convenience, and scenery rarely found in Arizona.
Step inside to discover a meticulously designed space with high-end finishes and a modern aesthetic. The fully remodeled kitchen is a chef's dream, boasting sleek granite countertops, custom cabinetry, top-of-the-line appliances, and an oversized pantry. Floor-to-ceiling windows flood the living space with natural light, drawing your gaze to the stunning lake, pool, and mountain views beyond.
The primary suite is a private retreat, offering direct balcony access where you can unwind while soaking in panoramic vistas of A Mountain, Papago Buttes, and the sparkling city lights. Indulge in the spa-inspired ensuite, featuring a soaking tub, walk-in shower, and a generous walk-in closet. A split-bedroom floor plan ensures privacy, with a secondary bedroom and a beautifully remodeled guest bath completing the space.
Beyond your front door, resort-style amenities awaitgated underground parking, a sparkling pool and spa, an outdoor kitchen, a recreation area, and concierge services, all designed to provide the ultimate in luxury and convenience. Just steps away, immerse yourself in Tempe's dynamic lifestyle, with world-class dining, entertainment, and outdoor recreation at your fingertips. Miles of biking and running trails, lake activities, and quick freeway access make this a true urban oasis.
Rarely does an opportunity arise to own a home that seamlessly blends waterfront serenity with the pulse of city life. This is not just a residenceit's a lifestyle.
Sold for $765,000
$765,000
120 E RIO SALADO Parkway #602, Tempe, AZ 85281
2beds
2baths
1,495sqft
Townhouse
Built in 2006
1,486 Square Feet Lot
$748,800 Zestimate®
$512/sqft
$2,699 Estimated rent
Home value
$748,800
$681,000 - $824,000
$2,699/mo
Zestimate® history
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List your homeWhat's special
Sparkling pool and spaWaterfront serenitySplit-bedroom floor planDirect balcony accessRemodeled kitchenPanoramic vistasBreathtaking water views
Zillow last checked:
Listing updated:
Listed by:
Jon Mark Estes 480-249-6400,
RETSY
Bought with:
Steve Sommer, SA041507000
Silverleaf Realty
Source: ARMLS,MLS#: 6818009
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Stacked, Refrigerator, Built-in Microwave, Dishwasher, Gas Range, Gas Oven
- Laundry: Inside
Features
- High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Carpet, Tile
- Windows: Double Pane Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room, Gas
- Common walls with other units/homes: Two Common Walls,Neighbor Below,Neighbor Above
Interior area
- Total structure area: 1,495
- Total interior livable area: 1,495 sqft
Property
Parking
- Total spaces: 2
- Parking features: Unassigned, Gated, Assigned, Community Structure
- Garage spaces: 2
Accessibility
- Accessibility features: Accessible Approach with Ramp, Pool Ramp Entry, Stair Lift
Features
- Stories: 8
- Exterior features: Balcony
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: City Lights
Lot
- Size: 1,486 sqft
- Features: None, Borders Common Area, North/South Exposure
Details
- Parcel number: 13220054
Construction
Type & style
- Home type: Townhouse
- Architectural style: Contemporary
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Wood Frame, Painted
- Roof: Built-Up
Condition
- Year built: 2006
Details
- Builder name: Suncor Development Company
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & neighborhood
Security
- Security features: Security Guard
Community
- Community features: Pool, Community Spa Htd, Near Light Rail Stop, Near Bus Stop, Concierge, Biking/Walking Path, Fitness Center
Location
- Region: Tempe
- Subdivision: EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,232 monthly
- Services included: Electricity, Insurance, Pest Control, Maintenance Grounds, Front Yard Maint, Trash
- Association name: Edgewater HOA
- Association phone: 480-339-8820
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2025 | Sold | $765,000$512/sqft |
Source:  ARMLS #6818009 Report a problem | ||
| 2/9/2025 | Pending sale | $765,000$512/sqft |
Source: ARMLS #6818009 Report a problem | ||
| 2/9/2025 | Listed for sale | $765,000-1.3%$512/sqft |
Source: ARMLS #6818009 Report a problem | ||
| 9/26/2024 | Listing removed | $775,000$518/sqft |
Source: ARMLS #6723857 Report a problem | ||
| 6/26/2024 | Listed for sale | $775,000+33.6%$518/sqft |
Source: ARMLS #6723857 Report a problem | ||
| 11/18/2021 | Sold | $580,000-3.3%$388/sqft |
Source: ARMLS #6264818 Report a problem | ||
| 11/6/2021 | Pending sale | $600,000-18.2%$401/sqft |
Source: ARMLS #6264818 Report a problem | ||
| 10/2/2007 | Sold | $733,873$491/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,981 +7% | $47,650 -4% |
| 2024 | $3,720 +1.2% | $49,630 +64.1% |
| 2023 | $3,676 +3.8% | $30,251 -13.1% |
| 2022 | $3,540 +2.4% | $34,800 -0.5% |
| 2021 | $3,457 +1.9% | $34,960 +14.2% |
| 2020 | $3,391 +2.5% | $30,600 -10.7% |
| 2019 | $3,307 | $34,270 -8.2% |
| 2018 | $3,307 +3.1% | $37,330 +3.5% |
| 2017 | $3,209 +4.9% | $36,070 +16.5% |
| 2016 | $3,060 +3.4% | $30,950 +26.6% |
| 2015 | $2,960 | $24,450 +25.4% |
| 2014 | -- | $19,500 +8.9% |
| 2013 | -- | $17,900 |
| 2012 | -- | $17,900 -52.3% |
| 2011 | -- | $37,550 -30.5% |
| 2010 | -- | $54,050 -3.7% |
| 2009 | -- | $56,100 -11.4% |
| 2008 | -- | $63,300 +1063.6% |
| 2007 | -- | $5,440 |
Find assessor info on the county website
Neighborhood: 85281
Nearby schools
GreatSchools rating
- 4/10Cecil Shamley SchoolGrades: PK-8Distance: 1.4 mi
- 5/10Tempe High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Tempe Elementary Online Community
- Middle: Geneva Epps Mosley Middle School
- High: Tempe 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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Estimated market value
$748,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$748,800
- Arizona
- Maricopa County
- Tempe
- 85281
- 120 E RIO SALADO Parkway Unit 602
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