Luxury waterfront condominium located along Tempe Town Lake with mountain and city views. This spacious residence features an open concept floor plan with floor-to-ceiling windows, abundant natural light, and a seamless flow for entertaining. The kitchen offers granite countertops, rich cabinetry, modern appliances, and a large center island. The primary suite includes a spa-style bathroom with soaking tub, glass-enclosed shower, and generous closet space. Enjoy outdoor living from the private covered balcony overlooking the water. The unit includes a dedicated parking space and storage unit. Community amenities include pool, spa, fitness center, sauna, and on-site management. Minutes from the light rail station, a short walk to Mill Avenue, nearby walking paths, restaurants, and ASU.
For sale
Price cut: $5K (6/8)
$455,000
120 E RIO SALADO Parkway #406, Tempe, AZ 85281
1beds
1,168sqft
Condominium
Built in 2006
-- sqft lot
$-- Zestimate®
$390/sqft
$1,089/mo HOA
What's special
Open concept floor planWaterfront condominiumAlong tempe town lakePrimary suiteFloor-to-ceiling windowsAbundant natural lightSpacious residence
- 169 days |
- 443 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Marissa Diaz 480-667-1448,
Real Broker,
Shauna L Slevin 480-410-2550,
Real Broker
Source: ARMLS,MLS#: 6967321

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Washer/Dryer Stacked, Built-in Microwave, Dishwasher, Disposal, Gas Oven, Gas Cooktop, Built-In Gas Oven
- Laundry: Inside
Features
- Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Carpet, Tile
- Windows: Triple Pane Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,168
- Total interior livable area: 1,168 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Gated, Assigned
- Attached garage spaces: 1
Features
- Stories: 1
- Exterior features: Balcony, Storage
- Has spa: Yes
- Spa features: Heated
- Fencing: None
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 1,168 Square Feet
- Features: None, East/West Exposure
Details
- Parcel number: 13220046
Construction
Type & style
- Home type: Condo
- Architectural style: Other,Contemporary
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Steel Frame, Painted
- Roof: Built-Up,Concrete
Condition
- Year built: 2006
Details
- Builder name: Residential Constructors
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Features: Pool, Lake, Gated, Community Spa Htd, Near Light Rail Stop, Near Bus Stop, Community Media Room, Biking/Walking Path, Fitness Center
- Security: Fire Sprinkler System, Security Guard
- Subdivision: EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
HOA
- Has HOA: Yes
- Services included: Insurance, Sewer, Cable TV, Maintenance Grounds, Gas, Trash, Water, Roof Replacement, Maintenance Exterior
- HOA fee: $1,089 monthly
- HOA name: Edgewater
- HOA phone: 480-966-3369
Location
- Region: Tempe
Financial & listing details
- Price per square foot: $390/sqft
- Tax assessed value: $365,300
- Annual tax amount: $2,954
- Date on market: 1/15/2026
- Cumulative days on market: 169 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Price change | $455,000-1.1%$390/sqft |
Source: | ||
| 3/25/2026 | Price change | $460,000-2.1%$394/sqft |
Source: | ||
| 1/15/2026 | Listed for sale | $470,000+6.5%$402/sqft |
Source: | ||
| 2/28/2025 | Sold | $441,500-7.1%$378/sqft |
Source: | ||
| 11/16/2024 | Price change | $475,000-2.1%$407/sqft |
Source: | ||
| 9/16/2024 | Price change | $485,000-11.7%$415/sqft |
Source: | ||
| 8/2/2024 | Price change | $549,000-4.5%$470/sqft |
Source: | ||
| 7/9/2024 | Listed for sale | $575,000+221.6%$492/sqft |
Source: | ||
| 5/6/2015 | Listing removed | $1,875$2/sqft |
Source: DPR Realty LLC #5234775 Report a problem | ||
| 3/20/2015 | Listed for rent | $1,875-3.8%$2/sqft |
Source: DPR Realty LLC #5234775 Report a problem | ||
| 2/17/2015 | Listing removed | $1,950$2/sqft |
Source: DPR Realty LLC #5234775 Report a problem | ||
| 2/11/2015 | Listed for rent | $1,950+9.9%$2/sqft |
Source: DPR Realty LLC #5234775 Report a problem | ||
| 4/8/2014 | Listing removed | $1,775$2/sqft |
Source: DPR Realty LLC #5000250 Report a problem | ||
| 12/22/2013 | Price change | $1,775-5.3%$2/sqft |
Source: DPR Realty LLC #5000250 Report a problem | ||
| 10/24/2013 | Price change | $1,875-3.8%$2/sqft |
Source: DPR Realty LLC #5000250 Report a problem | ||
| 9/18/2013 | Listed for rent | $1,950+5.4%$2/sqft |
Source: DPR Realty LLC #5000250 Report a problem | ||
| 2/23/2013 | Listing removed | $1,850$2/sqft |
Source: DPR Realty, LLC #4876722 Report a problem | ||
| 1/18/2013 | Listed for rent | $1,850$2/sqft |
Source: DPR Realty, LLC #4876722 Report a problem | ||
| 12/14/2010 | Sold | $178,800-4.8%$153/sqft |
Source: | ||
| 10/29/2010 | Price change | $187,900-3.4%$161/sqft |
Source: J and F Associates #4449965 Report a problem | ||
| 9/30/2010 | Price change | $194,500-8.3%$167/sqft |
Source: J and F Associates #4449965 Report a problem | ||
| 9/17/2010 | Listed for sale | $212,000-25.7%$182/sqft |
Source: J and F Associates #4449965 Report a problem | ||
| 2/16/2010 | Sold | $285,404-43.6%$244/sqft |
Source: Public Record Report a problem | ||
| 6/16/2006 | Sold | $505,749$433/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,942 +7% | $36,530 -2.8% |
| 2024 | $2,749 +1.2% | $37,600 +68.2% |
| 2023 | $2,716 +3.8% | $22,355 -17.7% |
| 2022 | $2,616 +2.4% | $27,170 +0.1% |
| 2021 | $2,554 +1.9% | $27,150 +15.1% |
| 2020 | $2,506 +2.5% | $23,580 -10.2% |
| 2019 | $2,444 | $26,270 -3.3% |
| 2018 | $2,444 +3.1% | $27,170 +2.2% |
| 2017 | $2,371 +4.9% | $26,580 +16.8% |
| 2016 | $2,261 +3.4% | $22,760 +24% |
| 2015 | $2,188 | $18,350 +27.3% |
| 2014 | -- | $14,410 +7.1% |
| 2013 | -- | $13,450 |
| 2012 | -- | $13,450 -53.4% |
| 2011 | -- | $28,850 -29.8% |
| 2010 | -- | $41,100 +2.9% |
| 2009 | -- | $39,950 -7.5% |
| 2008 | -- | $43,200 +881.8% |
| 2007 | -- | $4,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
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: McKemy Academy of International Studies
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Tempe
- 85281
- 120 E RIO SALADO Parkway Unit 406






