$1,050,000/mo

120 E RIO SALADO Parkway 204, Tempe, AZ 85281

  • 2 beds |
  • 3 baths |
  • 1,968 sqft
Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.
  • Property Icon Rental
  • Property Year Built Icon Built in 2006
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $534/sqft
  • Property List Date Icon Listed 14 days ago

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.

Listing Status:
Active
Date Added:
March 19, 2026
Data Last Updated:
April 4, 2026 at 12:06AM
Listing Office:
RETSY : 602-842-0000
Listing Agent:
Jon Mark Estes : 480-249-6400
MLS ID:
7001309
  • General: High Speed InternetGranite CountersDouble VanityBreakfast Bar9+ Flat CeilingsElevatorNo Interior StepsKitchen IslandPantryFull Bth Master BdrmSeparate Shwr & Tub
  • Laundry: Inside
  • Flooring: TileWood
  • A/C: Central Air
  • Heating: Electric
  • Fireplace: Living RoomGasFireplace
  • General: BalconyStorageHeated
  • Style: OtherContemporary
  • Parking: GatedGarage Door OpenerSeparate Strge AreaAssigned
  • Roofing: Other
  • Windows: Dual PaneMechanical Sun ShdsTinted Windows
  • General: Steel FramePainted
  • HOA Amenities: ElectricityRoof RepairInsuranceSewerMaintenance GroundsGasAir Cond/HeatingTrashWaterRoof ReplacementMaintenance Exterior1836.0Monthly
  • Originating MLS: Arizona Regional Multiple Listing Service 2
  • School District: Tempe School District
  • County: Maricopa
  • Zoning: 13220032
  • Fencing: None
  • Water: City Water
  • Sewer: Public Sewer
  • Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Jon Mark Estes , RETSY

Location

Schools Nearby

S

Scales Technology Academy

1115 W 5th St, Tempe, AZ, 85281

Grades KG-5

1.12 miles away

L

Laird Elementary School

1500 N Scovel St, Tempe, AZ, 85288

Grades PK-8

1.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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