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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 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.
Full Property Details
Full Property Details for 120 E Rio Salado Pkwy #204
General
- Price: $1,050,000
- HOA FEE: $1,836/month
- Taxes: $5,905 (2025)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7001309
- Updated: 3/20/2026
- Added to Site: 1 day(s) ago
Interior
- 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
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Gas
- Appliances: Stacked Washer/Dryer, Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Cooktop, Built-In Electric Oven
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Additional Information
- Security/Safety: Fire Sprinkler System, Security Guard
Exterior
- Exterior Features: Balcony, Storage
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Gated, Garage Door Opener, Separate Strge Area, Assigned
Location
- County: Maricopa
- Township: 1N
- Subdivision: EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
- Cross Streets: Scottsdale Road & Rio Salado Parkway
Community
- Association: Yes
- Assoc. Name: Edgewater HOA
- Assoc. Fees Include: Electricity, Roof Repair, Insurance, Sewer, Maintenance Grounds, Gas, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Other, Contemporary, High Rise
- Builder: Suncor Development Co
- Exterior Const.: Steel Frame, Painted
- Roof: Other
- Windows: Dual Pane, Mechanical Sun Shds, Tinted Windows
- Sq. Ft. Source: Assessor
- Year Built: 2006
Lot Features
- Property View: Desert, Lake, City Lights, Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 1,968
- Lot Size Source: Assessor
- Lot Features: None, North/South Exposure, Waterfront Lot, Corner Lot
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Association Fee: $1,836
- Assoc Fee Freq.: Monthly
- Tax Amount: $5,905
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Condominium
- Legal Description: LOT 2-04 EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD MCR 072305
- Property ID: 132-20-032
- Range: 4E
- Section: 15
- Lot Number: 2-04
Listed by Retsy
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Schools
Schools serving 120 E Rio Salado Pkwy #204
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Cecil Shamley School 1500 N Scovel St, Tempe, AZ 85281 | PK-5 | 1.4 mi |
Tempe High School 1730 S Mill Ave, Tempe, AZ 85281 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 E Rio Salado Pkwy #204
Date
Details
Price
Change
Source
3/19/2026
Listed
$1,050,000
7.69%
MLS
10/18/2024
Sold
$975,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 120 E Rio Salado Pkwy #204
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,905
-3%
$85,920
14%
2024
$6,079
1%
$75,650
-7%
2023
$6,006
4%
$81,360
16%
2022
$5,761
—
$69,950
15%
2022
$5,761
-1%
$61,050
—
2021
$5,801
3%
$61,350
4%
2020
$5,625
2%
$59,200
5%
2019
$5,518
15%
$56,250
15%
2018
$4,781
3%
$48,770
-13%
2017
$4,621
1%
$55,900
23%
2016
$4,584
5%
$45,580
16%
2015
$4,362
3%
$39,360
24%
2014
$4,217
5%
$31,730
6%
2013
$4,031
—
$29,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 E Rio Salado Pkwy #204
120 E Rio Salado Parkway #204, Tempe, AZ 85281 (MLS# 7001309) is a Apartment property with 2 bedrooms and 2 full bathrooms. 120 E Rio Salado Parkway #204 is currently listed for $1,050,000 and was received on March 19, 2026. Want to learn more about 120 E Rio Salado Parkway #204? Do you have questions about finding other Apartment real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

