120 E Rio Salado Parkway 402, Tempe, AZ 85281 (MLS# 6899308)

120 E Rio Salado Parkway 402, Tempe, AZ 85281

$715,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,495 Lot Size (sq. ft.): 1,486 Status: Active

Current Price: $715,000 Last Modified: 11/23/2025

Description

Live your dream life here! You will fall in love with this gorgeous 2 bedroom, 2 bath high rise condo overlooking Tempe Town Lake. Sellers will pay the first 6 months of the Buyer's HOA fees (an $8,130 value!). The elevated 4th floor location provides spectacular views of the lake, mountains, pool & twinkling city lights. The home is light & bright with floor-to-ceiling windows & two balconies. The Edgewater provides the ultimate in resort-style living plus the best location in Tempe! Jump on the trails to jog/bike along the lake or use the dock to get on the lake to kayak/paddle board. Walkable to all of the fun that vibrant Mill Avenue has to offer. On the edge of the ASU campus, near Tempe Marketplace & minutes to the airport. Across the bridge from the Phoenix Zoo, Desert Botanical...

Supplements: short 15 minute drive to Old Town Scottsdale & a 20 minute drive to downtown Phoenix. Enjoy the carefree lifestyle with concierge service & everything included in the HOA except cable/internet! Yes, all water, sewer, trash, gas, blanket insurance policy, building & grounds maintenance, amenities, doorman & concierge service, etc are INCLUDED! Just a small monthly portion for electricity is paid to HOA. outside of the fee. The incredible resort-style amenities include a heated lap pool, spa, gym, billiards room with fireplace & kitchen, conference room with fireplace & sitting area, outdoor fire pit, BBQ island with sink & pizza oven, outdoor spaces with grass, community garden & more! Manned door/lobby entry with concierge service. High-end, quality construction with triple pane windows and built with steel and concrete - the 7" concrete floors means you never hear a neighbor! Gated underground parking garage with two reserved spaces including EV charger, plus a private large storage locker/cage. The condo is beautiful with gorgeous finishes including wood-look tile throughout - no carpet! The chef's kitchen features handsome cabinetry, granite counters, stylish pendant lights & subway tile backsplash, stainless appliances & a 5 burner gas cooktop. Refrigerator included! The island with barstool seating is open to the great room & perfect for interacting with family while you cook or for entertaining friends. The desirable split floor plan makes the primary suite a true retreat! You'll love the spacious room with great views - plus automated black-out shades on windows & door to your private balcony. Spa-like primary bathroom with separate soak tub & shower, dual sinks on the floating vanity w/ under-cabinet lighting, & private toilet room. Two closets - one inside the bedroom & a large walk-in closet off the bathroom. Wonderful second bedroom with the secondary full bathroom right across the hall. The full size stackable washer/dryer in condo are included! Brand new A/C ($12K!) just installed in 11/2024. Completely move-in ready. Stunning views from every room! Tour this condo today & you will want to call it home!

More Information MLS# 6899308

Contract Information

Type: Exclusive Right To Sell Ownership: Condominium Co-Ownership (Fractional) Agreement YN: No List Price: $715,000 Status: Active Current Price: $715,000 List Date: 2025-07-30

Location, Tax & Legal

Unit #: 402 Assessor's Map #: 20 Assessor's Parcel #: 42 Tax Municipality: Tempe Taxes: 3554 House Number: 120 Compass: E Street Name: Rio Salado St Suffix: Parkway City/Town Code: Tempe State/Province: AZ Zip Code: 85281 County Code: Maricopa Assessor Number: 132-20-042 Subdivision: Edgewater Tax Year: 2024

General Property Description

Dwelling Styles: Attached # of Interior Levels: 1 Full Bathrooms: 2 Half Bathrooms: 0 Approx SQFT: 1495 Price/SqFt: 478.26 Approx Lot SqFt: 1486 Approx Lot Acres: 0.034 Horses: N Builder Name: Residential Constructors Elementary School District: Tempe School District High School District: Tempe Union High School District Elementary School: Cecil Shamley School Jr. High School: Cecil Shamley School High School: Tempe High School Community Pool Y/N: Yes Private Pool Y/N: No Planned Comm Name: Edgewater Hayden Ferry Fireplace YN: Yes Fireplaces Total: 1 Marketing Name: Edgewater Hayden Ferry Dwelling Type: Apartment Exterior Stories: 8 # Bedrooms: 2 Total Bathrooms: 2 Year Built: 2006

Special Listing Cond

N/A: 1

Construction

Steel Frame: 1

Const - Finish

Stone: 1

Roofing

Built-Up: 1

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: Yes HOA Transfer Fee: 0 HOA Fee: 1355 HOA Paid Frequency: Monthly HOA Name: Edgewater HOA Telephone: 480-966-3369 HOA Management Company: Brown Cmmty Mngmnt HOA Management Phone: 480-539-1396 Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 0.2 Cap Improvement/Impact Fee $/%: % Prepaid Association Fees HOA: 2710 Disclosure Fees HOA: 375 Other Fees HOA: 25 Other Fees Description: Homewise Doc Fee Com Facilities Distr: Y Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 1355

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Supra: 1

Building Style

High Rise: 1

Master Bathroom

Full Bth Master Bdrm: 1 Separate Shwr & Tub: 1 Double Vanity: 1 Private Toilet Room: 1

Master Bedroom

Split: 1

Additional Bedroom

Other Bedroom Split: 1 Separate Bedroom Exit: 1 Master Bedroom Walk-in Closet: 1

Fireplace Features

Fireplace Family Rm: 1 Gas Fireplace: 1

Flooring

Tile: 1

Window Features

Tinted Windows: 1 Triple Pane Windows: 1

Community Features

Biking/Walking Path: 1 Clubhouse/Rec Room: 1 Community Spa: 1 Community Spa Htd: 1 Concierge: 1 Gated: 1 Guarded Entry: 1 Lake: 1 Near Bus Stop: 1 Near Light Rail Stop: 1 Workout Facility: 1

Dining Area

Breakfast Bar: 1 Dining in LR/GR: 1

Heating

Electric: 1 See Remarks: 1

View

City Lights: 1 Mountain(s): 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Engy Star (See Rmks): 1 Kitchen Island: 1 Built-in Microwave: 1 Pantry: 1 Refrigerator: 1 Gas Cooktop: 1 Granite Counters: 1

Cooling

Ceiling Fan(s): 1 ENERGY STAR Qualified Equipment: 1 HVAC SEER Rating: 13 Programmable Thmstat: 1 Central Air: 1 See Remarks: 1

Interior Features

9+ Flat Ceilings: 1 Fire Sprinkler System: 1 Elevator: 1 No Interior Steps: 1

Laundry

Washer Included: 1 Dryer Included: 1 Stacked Washer/Dryer: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Great Room: 1

Separate Den/Office

Sep Den/Office Y/N: N

Technology

Cable TV Avail: 1 High Speed Internet: 1

Fencing

Block: 1 Wrought Iron: 1

Water Source

City Water: 1

Community Pool Features

Fenced: 1 Heated: 1 Lap: 1 Outdoor: 1

Exterior Features

Balcony: 1

Spa

Heated: 1

Sewer

Sewer - Public: 1 Sewer-In & Connected: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 2 Garage Spaces: 2

Parking Features

Assigned Parking: 1 Community Structure: 1 Electric Vehicle Charging Station(s): 1 Separate Strge Area: 1 Gated: 1

New Financing

Cash: 1 VA: 1 Conventional: 1

Utilities

APS: 1 SW Gas: 1

Existing 1st Loan

Conventional: 1

Property Description

Borders Preserve/Public Land: 1 Waterfront Lot: 1 Borders Common Area: 1

Landscaping

None: 1

Services

City Services: 1

Items Updated

Ht/Cool Yr Updated: 2024 Ht/Cool Partial/Full: Full

Unit Style

Neighbor Above: 1 Neighbor Below: 1

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1

Possession

Close of Escrow: 1

Association Fee Incl

Exterior Mnt of Unit: 1 Roof Repair: 1 Roof Replacement: 1 Blanket Ins Policy: 1 Water: 1 Sewer: 1 Garbage Collection: 1 Pest Control: 1 Gas: 1 Common Area Maint: 1 Street Maint: 1 Other (See Remarks): 1

Assoc Rules/Info

Pets OK (See Rmrks): 1 Rental OK (See Rmks): 1 Prof Managed: 1

Remarks Misc

Cross Street: Mill Ave & Rio Salado Pkwy Directions: East on Rio Salado Pkwy. North on Hayden Ferry Lakeside. Turn right at roundabout & the Edgewater is on your left. Drive past it to the end (second entry to underground parking) & guest parking is down there. Follow directions to gain access. Geo Lat: 33.431474 Geo Lon: -111.937319

Legal Info

Lot Number: 4-02

Property Features

Special Listing Cond: N/A Building Style: High Rise View: City Lights; Mountain(s) Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Split Additional Bedroom: Other Bedroom Split; Separate Bedroom Exit; Master Bedroom Walk-in Closet Fireplace Features: Fireplace Family Rm; Gas Fireplace Flooring: Tile Window Features: Tinted Windows; Triple Pane Windows Community Pool Features: Fenced; Heated; Lap; Outdoor Spa: Heated Community Features: Biking/Walking Path; Clubhouse/Rec Room; Community Spa; Community Spa Htd; Concierge; Gated; Guarded Entry; Lake; Near Bus Stop; Near Light Rail Stop; Workout Facility Dining Area: Breakfast Bar; Dining in LR/GR Kitchen Features: Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Engy Star (See Rmks); Pantry; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included; Stacked Washer/Dryer; Inside Other Rooms: Great Room Interior Features: 9+ Flat Ceilings; Fire Sprinkler System; Elevator; No Interior Steps Technology: Cable TV Avail; High Speed Internet Exterior Features: Balcony Parking Features: Assigned Parking; Community Structure; Electric Vehicle Charging Station(s); Gated; Separate Strge Area Construction: Steel Frame Const - Finish: Stone Roofing: Built-Up Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat; ENERGY STAR Qualified Equipment; See Remarks Heating: Electric; See Remarks Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected Services: City Services Fencing: Wrought Iron; Block Property Description: Borders Preserve/Public Land; Waterfront Lot; Borders Common Area Landscaping: None Lockbox Type: Supra Possession: Close of Escrow Unit Style: Neighbor Above; Neighbor Below Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Pest Control; Gas; Common Area Maint; Street Maint; Other (See Remarks) Existing 1st Loan: Conventional New Financing: Cash; VA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Room Information

Living Room Length: 19.50 Length: 19.50 Width: 13.75 Width: 13.75 Dining Room Length: 13.25 Length: 13.25 Width: 7.00 Width: 7.00 Kitchen Length: 19.25 Length: 19.25 Width: 12.75 Width: 12.75 Master Bedroom Length: 19.25 Length: 19.25 Width: 18.25 Width: 18.25 Bedroom 2 Length: 14.00 Length: 14.00 Width: 13.00 Width: 13.00

Listing Office: HomeSmart

Last Updated: November - 23 - 2025