425 W RIO SALADO Parkway 101, Tempe, AZ 85281

$479,900
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,048 Lot Size (sq. ft.): 1,387 Status: Active
Current Price: $479,900 List Date: 2/13/2026 Last Modified: 9/19/2026

Overview

Description

Welcome to Tempe--where lifestyle meets location.This LAKEFRONT 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
Country
US
County Code
Maricopa
Assessor Number
124-24-056
Subdivision
REGATTA POINTE CONDOMINUMS AMD
Tax Year
2025

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
457.92
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

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

Showing Notification Methods

Showing Service
Aligned Showings

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
IDX
Listing Office: Real Broker
Office Phone: 602-755-3415
Office Email: Membership@TheRealBrokerage.com
Last Updated: September - 19 - 2026
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