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$455,000 -$5,000 (-1.09%) Price Reduced

  • For Sale
  • Active
  • Apartment
  • 1 Bed
  • 1 Full Bath
  • 0.03 Acres
  • 1 Car Garage
  • Updated 1 day ago
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Luxury waterfront condominium located along Tempe Town Lake with mountain and city views. This spacious residence features an open concept floor plan with floor-to-ceiling windows, abundant natural light, and a seamless flow for entertaining. The kitchen offers granite countertops, rich cabinetry, modern appliances, and a large center island. The primary suite includes a spa-style bathroom with soaking tub, glass-enclosed shower, and generous closet space. Enjoy outdoor living from the private covered balcony overlooking the water. The unit includes a dedicated parking space and storage unit. Community amenities include pool, spa, fitness center, sauna, and on-site management. Minutes from the light rail station, a short walk to Mill Avenue, nearby walking paths, restaurants, and ASU.

Full Property Details for 120 E Rio Salado Pkwy #406

General

  • Price: $455,000
  • HOA FEE: $1,089/month
  • Taxes: $2,954 (2025)
  • Status: Active
  • Type: Apartment
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6967321
  • Updated: 6/8/2026
  • Added to Site: 146 day(s) ago

Interior

  • Interior Features: 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: Mill Avenue & Rio Salado Parkway

Community

  • Association: Yes
  • Assoc. Name: Edgewater
  • Assoc. Fees Include: Insurance, Sewer, Cable TV, Maintenance Grounds, Gas, 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: Residential Constructors
  • Exterior Const.: Steel Frame, Painted
  • Roof: Built-Up, Concrete
  • 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.): 1,168
  • Lot Size Source: Assessor
  • Frontage: Paved
  • Lot Features: None, East/West Exposure

Financial Considerations

  • Association Fee: $1,089
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,954
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Ownership: Condominium
  • Legal Description: LOT 4-06 EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD MCR
  • Property ID: 132-20-046
  • Range: 4E
  • Section: 15
  • Lot Number: 4-06

Listed by Real Broker

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— 120 E Rio Salado Pkwy #406 —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 120 E Rio Salado Pkwy #406

School Districts:Tempe School District, Tempe Union High School District
NameGradesDistance
Cecil Shamley School
1500 N Scovel St, Tempe, AZ 85281
PK-51.4 mi
Tempe High School
1730 S Mill Ave, Tempe, AZ 85281
9-121.6 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 #406 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/08/2026
Price Reduced
$455,000
-1.09%
MLS
3/24/2026
Price Reduced
$460,000
-2.13%
MLS
1/15/2026
Listed
$470,000
—
MLS
Get Price Alerts and Save Property
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 for 120 E Rio Salado Pkwy #406

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,954
7%
$40,300
10%
2024
$2,761
1%
$36,530
-3%
2023
$2,728
4%
$37,600
22%
2022
$2,616
—
$30,930
14%
2022
$2,616
-1%
$27,170
—
2021
$2,634
3%
$27,150
15%
2020
$2,554
2%
$23,580
-10%
2019
$2,506
3%
$26,270
-3%
2018
$2,444
3%
$27,170
2%
2017
$2,371
1%
$26,580
17%
2016
$2,354
4%
$22,760
24%
2015
$2,254
3%
$18,350
27%
2014
$2,180
7%
$14,410
7%
2013
$2,046
—
$13,450
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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120 E Rio Salado Parkway #406, Tempe, AZ 85281 (MLS# 6967321) is a Apartment property with 1 bedroom and 1 full bathroom. 120 E Rio Salado Parkway #406 is currently listed for $455,000 and was received on January 15, 2026. Want to learn more about 120 E Rio Salado Parkway #406? 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.

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