425 W RIO SALADO Parkway 101, Tempe, AZ 85281

$509,900
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,048 Lot Size (sq. ft.): 1,387 Status: Active
Current Price: $509,900 List Date: 2/13/2026 Last Modified: 4/06/2026

Overview

Description

Welcome to Tempe—where lifestyle meets location.This light-filled condo serves up an open, airy layout with tall ceilings, clean tile flooring, crown molding, and a vibe that's equal parts chill and functional.The kitchen keeps it sleek with granite counters and backsplash, matching appliances, and plenty of cabinet space. The primary suite features a spacious ensuite with dual vanities and walk-in closet. Private balcony has premium views of Tempe Town Lake and the surrounding mountains—morning coffee and sunset drinks just hit different here.The gated community includes pool, spa, and fitness center. Let's talk location: walk to Mill Ave, Tempe Town Lake, and ASU, with with restaurants, nightlife, trails, and entertainment around the corner. Prime investor opportunity close to ASU!

Listing Details MLS# 6982005

Location, Tax & Legal

House Number
425
Compass
W
Street Name
RIO SALADO
St Suffix
Parkway
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
3188
County Code
Maricopa
Assessor Number
124-24-056
Subdivision
REGATTA POINTE CONDOMINUMS AMD
Tax Year
2025
Unit #
101
Assessor's Map #
24
Legal Description (Abbrev)
LOT 147 REGATTA POINTE CONDOMINUMS AMD MCR
Assessor's Parcel #
56
Tax Municipality
Tempe
Taxes
3040

Contract Information

Type
Exclusive Right To Sell
Ownership
Condominium
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Apartment
Dwelling Styles
Attached
Exterior Stories
3
# of Interior Levels
Yes
# Bedrooms
2
Full Bathrooms
2
Total Bathrooms
2
Approx SQFT
1048
Price/SqFt
486.55
Horses
N
Builder Name
Picerne
Year Built
2002
Approx Lot SqFt
1387
Approx Lot Acres
0.032
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
No
Planned Comm Name
Regatta Pointe
Marketing Name
Regatta Pointe
Elementary School District
Tempe School District
High School District
Tempe Union High School District
Elementary School
Scales Technology Academy
Jr. High School
Geneva Epps Mosley Middle School
High School
Tempe High School
Half Bathrooms
0

Remarks Misc

Cross Street
Mill and Rio Salado
Directions
From Rio Salado, turn South on to Lakeside Drive. Park in visitor parking B4 the building on your left. Use brown entry door closest to West end of the 425 building.

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
147

Basement

Basement Y/N
N

More Information

Items Updated

Floor Yr Updated
2011
Floor Partial/Full
Partial

Parking Spaces

Garage Spaces
Yes
Carport Spaces
2
Total Covered Spaces
3
Slab Parking Spaces
0

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes
Phone Call
Yes

Special Listing Cond

N/A
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes
Brick Veneer
Yes

Roofing

Other
Yes

Pmt & Rate Info

Down Payment
0
Total Asum Mnth Pmts
0

Association & Fees

HOA Y/N
Y
HOA Disclosure/Addendum Affirmation
Yes
HOA Transfer Fee
0
HOA Fee
400
HOA Paid Frequency
Monthly
HOA Name
Regatta Pointe
HOA Telephone
602-957-9191
HOA Management Company
AAM
Special Assessment HOA
No
HOA 2 Y/N
N
PAD Fee Y/N
N
Cap Improvement/Impact Fee
960
Cap Improvement/Impact Fee $/%
$
Prepaid Association Fees HOA
800
Disclosure Fees HOA
400
Other Fees HOA
0
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Ttl Mthly Fee Equiv
400

Lockbox Type

Combo
Yes

Architecture

Contemporary
Yes

Master Bathroom

Full Bth Master Bdrm
Yes
Double Vanity
Yes

Master Bedroom

Split
Yes

Additional Bedroom

Master Bedroom Walk-in Closet
Yes

Add'l Property Use

None
Yes

Flooring

Carpet
Yes
Tile
Yes

Community Features

Clubhouse/Rec Room
Yes
Community Spa
Yes
Community Spa Htd
Yes
Gated
Yes
Near Bus Stop
Yes
Near Light Rail Stop
Yes
Workout Facility
Yes

Dining Area

Breakfast Bar
Yes
Breakfast Room
Yes

Heating

Electric
Yes

View

Lake
Yes
City Lights
Yes
Mountain(s)
Yes

Kitchen Features

Dishwasher
Yes
Disposal
Yes
Built-in Microwave
Yes
Pantry
Yes
Granite Counters
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Interior Features

9+ Flat Ceilings
Yes
Fire Sprinkler System
Yes

Laundry

Inside
Yes

Other Rooms

Great Room
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Road Responsibility

City Maintained Road
Yes

Technology

Pre-Wire Sat Dish
Yes
Cable TV Avail
Yes
High Speed Internet
Yes
Security System Owned
Yes

Fencing

Wrought Iron
Yes
Other
Yes
See Remarks
Yes

Water Source

City Water
Yes

Community Pool Features

Outdoor
Yes
Play Pool
Yes

Exterior Features

Balcony
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

Parking Features

Assigned Parking
Yes
Garage Door Opener
Yes
Gated
Yes

New Financing

Cash
Yes
Conventional
Yes

Utilities

APS
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Property Description

North/South Exposure
Yes

Landscaping

Desert Front
Yes

Unit Style

All on One Level
Yes
Neighbor Above
Yes
End Unit
Yes

Disclosures

Seller Discl Avail
Yes
Agency Discl Req
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

Exterior Mnt of Unit
Yes
Roof Replacement
Yes
Blanket Ins Policy
Yes
Water
Yes
Sewer
Yes
Garbage Collection
Yes
Pest Control
Yes
Common Area Maint
Yes

Assoc Rules/Info

Pets OK (See Rmrks)
Yes
Clubhouse
Yes
Prof Managed
Yes

Property Features

Special Listing Cond: N/A Add'l Property Use: None Architecture: Contemporary View: Lake; City Lights; Mountain(s) Master Bathroom: Full Bth Master Bdrm; Double Vanity Master Bedroom: Split Additional Bedroom: Master Bedroom Walk-in Closet Flooring: Carpet; Tile Community Pool Features: Outdoor; Play Pool Spa: None Community Features: Clubhouse/Rec Room; Community Spa; Community Spa Htd; Gated; Near Bus Stop; Near Light Rail Stop; Workout Facility Dining Area: Breakfast Bar; Breakfast Room Kitchen Features: Disposal; Dishwasher; Built-in Microwave; Pantry; Granite Counters Laundry: Inside Other Rooms: Great Room Interior Features: 9+ Flat Ceilings; Fire Sprinkler System Technology: Pre-Wire Sat Dish; Cable TV Avail; High Speed Internet; Security System Owned Exterior Features: Balcony Parking Features: Assigned Parking; Garage Door Opener; Gated Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco; Brick Veneer Roofing: Other Cooling: Central Air; Ceiling Fan(s) Heating: Electric Utilities: APS Water Source: City Water Sewer: Sewer - Public Fencing: Wrought Iron; Other; See Remarks Property Description: North/South Exposure Landscaping: Desert Front Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Combo Possession: Close of Escrow Unit Style: All on One Level; Neighbor Above; End Unit Association Fee Incl: Exterior Mnt of Unit; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Pest Control; Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Real Broker
IDX
Last Updated: April - 06 - 2026
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