120 E Rio Salado Parkway 402, Tempe, AZ 85281

$650,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,495 Lot Size (sq. ft.): 1,486 Status: Closed
Current Price: $650,000 Last Modified: 2/16/2026

Overview

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. The elevated 4th floor location provides SPECTACULAR VIEWS of the lake, mountains, pool & twinkling city lights. You can see all the way to the McDowell Mountains! 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 & the Desert Botanical Garden, a short ...

Supplements: 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 smal ...

Listing Details MLS# 6899308

Location, Tax & Legal

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
Unit #
402
Assessor's Map #
20
Assessor's Parcel #
42
Tax Municipality
Tempe
Taxes
3554

Contract Information

Type
Exclusive Right To Sell
Ownership
Condominium
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Apartment
Dwelling Styles
Attached
Exterior Stories
8
# of Interior Levels
Yes
# Bedrooms
2
Full Bathrooms
2
Total Bathrooms
2
Approx SQFT
1495
Price/SqFt
434.78
Horses
N
Builder Name
Residential Constructors
Year Built
2006
Approx Lot SqFt
1486
Approx Lot Acres
0.034
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
Yes
Fireplaces Total
Yes
Planned Comm Name
Edgewater Hayden Ferry
Marketing Name
Edgewater Hayden Ferry
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
Half Bathrooms
0

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.

Status Change Info

Off Market Date
2026-01-30
Under Contract Date
2026-01-22
Close of Escrow Date
2026-02-13

Legal Info

Lot Number
4-02

More Information

Basement

Basement Y/N
N

Items Updated

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

Parking Spaces

Garage Spaces
2
Total Covered Spaces
2
Slab Parking Spaces
0

Cooling

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

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

Loan Type
Other
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

N/A
Yes

Construction

Steel Frame
Yes

Const - Finish

Stone
Yes

Roofing

Built-Up
Yes

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

Lockbox Type

Supra
Yes

Building Style

High Rise
Yes

Master Bathroom

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

Master Bedroom

Split
Yes

Additional Bedroom

Other Bedroom Split
Yes
Separate Bedroom Exit
Yes
Master Bedroom Walk-in Closet
Yes

Fireplace Features

Fireplace Family Rm
Yes
Gas Fireplace
Yes

Flooring

Tile
Yes

Window Features

Tinted Windows
Yes
Triple Pane Windows
Yes

Community Features

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

Dining Area

Breakfast Bar
Yes
Dining in LR/GR
Yes

Heating

Electric
Yes
See Remarks
Yes

View

Lake
Yes
City Lights
Yes
Mountain(s)
Yes

Kitchen Features

Built In Recycling
Yes
Dishwasher
Yes
Disposal
Yes
Electric Oven
Yes
Engy Star (See Rmks)
Yes
Kitchen Island
Yes
Built-in Microwave
Yes
Pantry
Yes
Refrigerator
Yes
Gas Cooktop
Yes
Granite Counters
Yes

Interior Features

9+ Flat Ceilings
Yes
Fire Sprinkler System
Yes
Elevator
Yes
No Interior Steps
Yes

Laundry

Washer Included
Yes
Dryer Included
Yes
Stacked Washer/Dryer
Yes
Inside
Yes

Other Rooms

Great Room
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Technology

Cable TV Avail
Yes
High Speed Internet
Yes

Fencing

Block
Yes
Wrought Iron
Yes

Water Source

City Water
Yes

Community Pool Features

Fenced
Yes
Heated
Yes
Lap
Yes
Outdoor
Yes

Exterior Features

Balcony
Yes

Spa

Heated
Yes

Sewer

Sewer - Public
Yes
Sewer-In & Connected
Yes

Parking Features

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

New Financing

Cash
Yes
VA
Yes
Conventional
Yes

Utilities

APS
Yes
SW Gas
Yes

Existing 1st Loan

Conventional
Yes

Property Description

Borders Preserve/Public Land
Yes
Waterfront Lot
Yes
Borders Common Area
Yes

Landscaping

None
Yes

Services

City Services
Yes

Unit Style

Neighbor Above
Yes
Neighbor Below
Yes

Disclosures

Seller Discl Avail
Yes
Agency Discl Req
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

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

Assoc Rules/Info

Pets OK (See Rmrks)
Yes
No Visible Truck Trailer RV Boat
Yes
Rental OK (See Rmks)
Yes
VA Approved Prjct
Yes
Prof Managed
Yes

Property Features

Special Listing Cond: N/A Building Style: High Rise View: Lake; 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 Media 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: Electric Oven; Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Engy Star (See Rmks); Built In Recycling; 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

Room Name Length Width
Living Room 19.50 13.75
Dining Room 13.25 7.00
Kitchen 19.25 12.75
Master Bedroom 19.25 18.25
Bedroom 2 14.00 13.00
Listing Office: HomeSmart
IDX
Last Updated: February - 16 - 2026
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