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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

120 E Rio Salado Parkway (unit 204), Tempe, AZ – $995,000

  • 2 Beds
  • 3 Baths
  • 1,968 Sqft
  • ½ Acres
  • 2 Beds
  • 3 Baths
  • 1,968 Sqft
  • ½ Acres

120 E Rio Salado Parkway (unit 204)

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.

Essential Information

  • MLS® #7001309
  • Price$995,000
  • Bedrooms2
  • Bathrooms3.00
  • Square Footage1,968
  • Acres0.05
  • Year Built2006
  • TypeResidential
  • Sub-TypeApartment
  • StyleOther, Contemporary
  • StatusActive

Community Information

  • CityTempe
  • CountyMaricopa
  • StateAZ
  • Zip Code85281

Address

120 E Rio Salado Parkway (unit 204)

Subdivision

EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD

Amenities

  • UtilitiesAPS, SW Gas
  • Parking Spaces2
  • # of Garages2
  • Is WaterfrontYes

Amenities

Pool, Lake, Gated, Community Spa, Community Spa Htd, Transportation Svcs, Near Light Rail Stop, Near Bus Stop, Community Media Room, Guarded Entry, Concierge, Playground, Biking/Walking Path, Fitness Center

Parking

Gated, Garage Door Opener, Separate Strge Area, Assigned

View

Desert, Lake, City Lights, Mountain(s)

Interior

  • HeatingElectric
  • CoolingCentral Air
  • FireplaceYes
  • FireplacesLiving Room, Gas
  • # of Stories8

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

Appliances

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

Exterior

  • Exterior FeaturesBalcony, Storage
  • RoofOther
  • ConstructionSteel Frame, Painted

Lot Description

None, North/South Exposure, Waterfront Lot, Corner Lot

Windows

Dual Pane, Mechanical Sun Shds, Tinted Windows

School Information

  • ElementaryCecil Shamley School
  • MiddleCecil Shamley School
  • HighMcClintock High School

District

Tempe Union High School District

Listing Details

  • OfficeRETSY
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Price Change History for 120 E Rio Salado Parkway (unit 204), Tempe, AZ (MLS® #7001309)

Date Details Change
Price Reduced from $1,050,000 to $995,000 $55,000 (5.24%)

RETSY.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on April 27th, 2026 at 7:16pm MST.