120 E RIO SALADO Parkway Unit 204, Tempe, AZ 85281

$995,000

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… Read More 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 Lake's dock, as well as immediate connection to the lake's 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. Read Less

Courtesy of RETSY 602-842-0000

Listing Snapshot

Days Online

129

Last Updated

Jul 26, 2026

Property Type

Apartment

Beds

Full Baths

Partial Baths

Square Ft.

1,968

Lot Size

0.05 Acres

Year Built

2006

MLS Number

7001309

30 Days Snapshot Of 85281

$484k

+24%

(avg) sold price

-17%

homes sold

-17%

(avg) days on market

Snapshot

Area Map

Additional Details

Appliances & Equipment

Stacked Washer/Dryer, Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Cooktop, Built-In Electric Oven

Building

Built in 2006, Architectural style: "Other", "Contemporary", Living area: 1968, Construction materials: "Steel Frame", "Painted"

Cooling

Central Air

Exterior Features

Balcony, Storage

Fireplaces

Living Room, Gas, 1 total fireplace

Floors

Tile, Wood

Garage

2 spaces

Heating

Electric

Home Owner's Association

Association fee: $1,836, Association fee frequency: Monthly, Association fee includes: "Electricity", "Roof Repair", "Insurance", "Sewer", "Maintenance Grounds", "Gas", "Air Cond/Heating", "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

Inside

Lot

0.05 acres, 1,968 sqft, None, North/South Exposure, Waterfront Lot, Corner Lot

Parking

Gated, Garage Door Opener, Separate Strge Area, Assigned

Property

View: "Desert", "Lake", "City Lights", "Mountain(s)"

Security Features

Fire Sprinkler System, Security Guard

Sewer

Public Sewer

Taxes

Annual amount: $5,905, Lot: 2-04

Windows

Dual Pane, Mechanical Sun Shds, Tinted Windows

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120 E RIO SALADO Parkway Unit 204

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