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120 E Rio Salado Parkway, Unit 204, Tempe, AZ 85281

$995,000
  • 120 E Rio Salado Parkway, Unit 204, Tempe, AZ 85281 Main Photo

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Active Price Reduced by $55,000 on April 18th, 2026
BEDS2 BATHS SQUARE FEET1,968 MLS#7001309
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONEDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD SCHOOLTempe Union High School District

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 Lakes dock, as well as immediate connection to the lakes 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.

120 E Rio Salado Parkway, Unit 204 | MLS# 7001309

This home located at 120 E Rio Salado Parkway, Unit 204, Tempe, AZ 85281 is currently listed for sale with an asking price of $995,000. This property was built in 2006 and has 2 bedrooms with 1968 sq. ft. E Rio Salado Parkway, Unit 204 is located in the EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD subdivision within the Tempe Union High School District school district. Search EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD real estate on www.arizonabest.com today.

Property Features

Property Type: Residential -
Cooling: Central Air
Fireplaces: 1
Garage: 2
Heating: Electric
Home Style: Contemporary, Other
Lot Size: 0.05 Acres
Roof Type: Other
Stories: 8.0
Taxes: $5,905
Year Built: 2006

Feature Descriptions

Assoc. Fee Includes: Maintenance Exterior, Roof Repair, Roof Replacement, Insurance, Water, Sewer, Trash, Air Cond/Heating, Electricity, Gas, Maintenance Grounds
Community Features: Lake, Guarded Entry, Community Spa, Community Spa Htd, Concierge, Transportation Svcs, Gated, Near Light Rail Stop, Near Bus Stop, Playground, Biking/Walking Path, Clubhouse, Community Media Room, Fitness Center
Days on Site: 32
Exterior: Balcony, Storage
Exterior: Steel Frame, Painted
Fee HOA: 1836/Monthly
Fireplace: Living Room, Gas
Flooring: Tile, Wood
HOA Y/N: Yes
Interior: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Breakfast Bar, Pantry, Kitchen Island, Granite Counters, High Speed Internet, 9+ Flat Ceilings, Elevator, No Interior Steps
Laundry: Inside
Parking: Assigned Parking, Garage Door Opener, Separate Strge Area, Gated
Property Sub Type: Apartment
Spa: Heated
Spa: Yes
Special View Info: City Lights, Mountain(s), Desert, Lake
Water: Public

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: RETSY
Agency Phone: 602-842-0000

Shown By

Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711

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Estimated Payment

$ 2,996.73 per month $2,214.44 Principal & Interest $492.08 Property Tax $290.21 Homeowner's Insurance

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