120 E Rio Salado Parkway Unit 402, Tempe, AZ 85281

$750,000

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. The home is light & bright with floor-to-ceiling windows… Read More & 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 Garden & Papago Park. A 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. 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 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! Read Less

Courtesy of HomeSmart 602-230-7600

Listing Snapshot

Days Online

Last Updated

Aug 17, 2025

Property Type

Apartment

Beds

Full Baths

Square Ft.

1,495

Lot Size

0.03 Acres

Year Built

2006

MLS Number

6899308

30 Days Snapshot Of 85281

$430k

-18%

(avg) sold price

homes sold

100

+4%

(avg) days on market

Snapshot

Area Map

Additional Details

Appliances & Equipment

"Gas Cooktop"

Building

Built in 2006, Living area: 1495, Construction materials: "Steel Frame", "Stone"

Cooling

"Central Air", "Ceiling Fan(s)", "ENERGY STAR Qualified Equipment", "Programmable Thmstat", "See Remarks"

Exterior Features

"Balcony"

Fence

"Block", "Wrought Iron"

Fireplaces

"Family Room", "Gas"

Floors

"Tile"

Garage

2 spaces

Heating

"See Remarks", "Electric"

Home Owner's Association

Association fee: $1,355, Association fee frequency: Monthly, Association fee includes: "Roof Repair", "Insurance", "Sewer", "Pest Control", "Maintenance Grounds", "Other (See Remarks)", "Street Maint", "Gas", "Trash", "Water", "Roof Replacement", "Maintenance Exterior"

Interior Features

"High Speed Internet", "Granite Counters", "Double Vanity", "Breakfast Bar", "9+ Flat Ceilings", "Elevator", "No Interior Steps", "Kitchen Island", "Pantry", "Full Bth Master Bdrm", "Separate Shwr & Tub"

Laundry

"Engy Star (See Rmks)"

Lot

0.03 acres, 1,486 sqft, "Waterfront Lot"

Parking

"Gated", "Separate Strge Area", "Assigned", "Community Structure", "Electric Vehicle Charging Station(s)"

Property

View: "City Light View(s)", "Mountain(s)"

Roof

"Built-Up"

Security Features

"Fire Sprinkler System"

Sewer

"Sewer in & Cnctd", "Public Sewer"

Taxes

Annual amount: $3,554, Lot: 4-02

Windows

"Dual Pane", "Tinted Windows"

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