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$430,000
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Property Description
Do you want to live in a beautiful building, on a park with real lake views in a walkable neighborhood and still live in the Valley of the Sun? Experience all this and more on Tempe Town Lake within this secure Edgewater 1 bed/1.5 bath 3rd floor condominium. This unit has been completely updated since the owner moved out with new appliances, new HVAC, new high-quality carpet, shades & paint. It's almost like moving into a new build! This gem features a large main room with views of Tempe Town Lake, bountiful natural light and a handsome new ceiling fan. The modern kitchen boasts a new stainless steel 5-burner gas stove, new microwave, new refrigerator, new dishwasher, sleek cabinetry, granite counters, a small pantry and breakfast bar. New stacked washer and dryer are located in a compact laundry room. The spacious bedroom features new blackout shades, an Artemis ceiling fan with remote, and an ensuite bath with dual sinks, large soaking tub, separate shower, private toilet & custom walk-in closet. The sizeable balcony is a bonus that offers gorgeous views of the pool, lake, park & surrounding mountains. Enjoy the quality amenities such as a fitness center, recreation room with full kitchen and pool table, heated pool and spa. The high-quality outdoor lounge areas feature tables, BBQs, a ping pong table, pizza oven and lake views you never expected living in a desert. Enjoy secure gated, underground reserved parking with your own locked storage cage inside a climate-controlled locked storage room. Underground kayak and bicycle storage is provided by the association so you can take advantage of the lake and bike trails without ever having to cross a street. Perfect for car-free or car-light living, Edgewater is just a seven-minute walk from the Mill Avenue light rail station and walkable to downtown Tempe. The Tempe Streetcar stop is just one block away. Hike 'A' Mountain just across Rio Salado; walk, run or bike ride on paved and lighted paths stretching around the lake and connecting to the Green Belt and points beyond. This is one of the best locations in the Valley -- on a park in a rare walkable neighborhood, a fantastic building, and easy access to everything. Upgrade your lifestyle here!
Full Property Details
Full Property Details for 120 E Rio Salado Pkwy #301
General
- Sold For: $430,000
- HOA FEE: $1,120/month
- Taxes: $2,808 (2025)
- Status: Closed
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6957250
- Added to Site: 77 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Appliances: Stacked Washer/Dryer, Built-in Microwave, Dishwasher, Disposal, Gas Oven, Gas Cooktop, Built-In Gas Oven
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Inside, Wshr/Dry HookUp Only
Additional Information
- Security/Safety: Fire Sprinkler System, Security Guard
Exterior
- Exterior Features: Balcony, Storage
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Attached Garage, Gated, Assigned
Location
- County: Maricopa
- Township: 1N
- Subdivision: EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
- Cross Streets: S Mill Ave & E Rio Salado Pkwy
Community
- Association: Yes
- Assoc. Name: Edgewater
- Assoc. Fees Include: Electricity, Roof Repair, Insurance, Sewer, Pest Control, Cable TV, 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: Contemporary, High Rise
- Builder: Residential Constructors
- Exterior Const.: Steel Frame, Painted
- Roof: Built-Up, Concrete
- Common Walls: Neighbor Below, Neighbor Above, End Unit
- Windows: Triple Pane Windows
- Sq. Ft. Source: Assessor
- Year Built: 2006
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,138
- Lot Size Source: Assessor
- Frontage: Paved
- Lot Features: None, East/West Exposure
- Fencing (Description): None
Financial Considerations
- Association Fee: $1,120
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,808
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 3-01 EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD MCR
- Property ID: 132-20-035
- Range: 4E
- Section: 15
- Lot Number: 3-01
Listed by Platinum Realty Network
Sold by LPT Realty, LLC
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Schools
Schools serving 120 E Rio Salado Pkwy #301
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 |
McClintock High School 1830 East Del Rio Drive, Tempe, AZ 85282 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 E Rio Salado Pkwy #301
Date
Details
Price
Change
Source
2/12/2026
Sold
$430,000
-4.23%
MLS
12/18/2025
Listed
$449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Home Warranty : Included
120 E Rio Salado Parkway #301, Tempe, AZ 85281 (MLS# 6957250) is a Apartment property that was sold at $430,000 on February 12, 2026. Want to learn more about 120 E Rio Salado Parkway #301? 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.

