120 E Rio Salado Parkway 801, Tempe, AZ 85281

$1,230,000

Property Type: Residential Bedrooms: 3 Baths: 2.5 Square Footage: 3,163 Lot Size (sq. ft.): 3,169 Status: Closed

Current Price: $1,230,000 Last Modified: 1/29/2026

Overview

Description

Penthouse living at its finest on the waterfront at Tempe Town Lake! This 8th floor unit features floor-to-ceiling glass, engineered wood floors t/o, & an airy open floor plan. Multiple balconies offer panoramic views of the lake, surrounding mountain ranges, city lights, & A Mountain. Designer kitchen has Jenn Air appliances, huge slab granite island, & large walk-in pantry. Large master suite w/sitting room, two-way fireplace, Classy closets, custom steam shower, soaking tub, & dual vanities. Many extras like motorize blinds & cutting edge surround sound. 3 underground parking spots & storage unit. Amenities include private entertainment lounge, heated pool/spa, outdoor kitchen, concierge, & doorman. Right by the airport for frequent travelers. Walk to nightlife & restaurants/shopping.

Listing Details MLS# 5832881

Location, Tax & Legal

Map Code/Grid: R37
House Number: 120
Compass: E
Street Name: Rio Salado
St Suffix: Parkway
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Country: US
County Code: Maricopa
Assessor Number: 132-20-063
Subdivision: Edgewater Hayden Ferry Lakeside
Tax Year: 2017

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple

General Property Description

Dwelling Type: Apartment
Dwelling Styles: Stacked
Exterior Stories: 8
# of Interior Levels: Yes
# Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: Yes
Total Bathrooms: 2.5
Approx SQFT: 3163
Price/SqFt: 388.87
Horses: N
Builder Name: McCarthy
Year Built: 2006
Approx Lot SqFt: 3169
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: 2
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Jr. High School: McKemy Middle School
High School: Tempe High School

Remarks Misc

Cross Street: Mill Avenue & Rio Salado Parkway
Directions: Head East of Rio Salado and make your first left into the roundabout. Building is on the right. Stop at the front to get a guest parking pass.

Status Change Info

Off Market Date: 2018-12-05
Under Contract Date: 2018-12-04
Close of Escrow Date: 2018-12-27

Legal Info

Lot Number: 8-01

More Information

Basement

Basement Y/N: N

Items Updated

Floor Yr Updated: 2016
Floor Partial/Full: Full

Parking Spaces

Garage Spaces: 3
Total Covered Spaces: 3

Sold Info

Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Architecture: Contemporary View: City Lights; Mountain(s) Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Split; Downstairs Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet; Master Bedroom Sitting Room Fireplace Features: Fireplace Living Rm; Fireplace Master Bdr; Gas Fireplace Flooring: Wood Window Features: Tinted Windows; Triple Pane Windows Community Pool Features: Heated Spa: None Community Features: Biking/Walking Path; Clubhouse/Rec Room; Community Spa; Community Spa Htd; Concierge; Guarded Entry; Lake; Near Bus Stop; Near Light Rail Stop; On-Site Guard; Workout Facility Dining Area: Formal; Eat-in Kitchen; Breakfast Bar; Breakfast Room Kitchen Features: Gas Oven; Gas Range; Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Wall Oven(s); Walk-in Pantry; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included Other Rooms: Family Room Interior Features: Vaulted Ceiling(s); 9+ Flat Ceilings; Fire Sprinkler System; Elevator; No Interior Steps; Soft Water Loop Technology: Pre-Wire Sat Dish; Cable TV Avail; High Speed Internet; Security System Owned Exterior Features: Balcony Parking Features: Assigned Parking; Community Structure; Garage Door Opener; Gated; Permit/Decal Req'd; Separate Strge Area Construction: Steel Frame Const - Finish: Other (See Remarks) Roofing: Built-Up; Concrete Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Electric Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: None Property Description: Waterfront Lot; North/South Exposure; Borders Common Area Landscaping: None Possession: Close of Escrow Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Pest Control; Air Cond/Heating; Electricity; Gas; Common Area Maint; Street Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail

Listing Office: NORTH&CO.

Office Phone: 602-000-7000

Office Email: michele@northandco.com

Last Updated: January - 29 - 2026