120 E Rio Salado Pkwy

120 E Rio Salado Pkwy Unit 402, Tempe, AZ, 85281

Description

120 E Rio Salado Pkwy Unit 402 sits in Tempe, near the intersection of West Broadway Road and South Priest Drive. This building lies alongside Tempe Town Lake, offering scenic waterfront views. The area includes easy access to local roads and nearby attractions, providing a connected lifestyle. This high-rise building has 8 stories and contains 34 condominium units. Built in 2006, the units range from 1,137 to 3,163 square feet, providing plenty of space. There are options for 1, 2, or 3 bedrooms, accommodating different living arrangements. Most units feature large patios or balconies that enhance the living area. Current unit prices range from $1,550,000 to $1,600,000. In the past year, the lowest sold price was around $441,500. The average closed price stands at $611,625 with an average price per square foot of $410. Units typically spend about 119 days on the market before selling. The building includes resort-style amenities like a clubhouse, fitness center, and playground. A concierge service adds to the comfort of living here, and residents enjoy dedicated access to the nearby lake. The views from the units include the city skyline and mountains, offering a vibrant backdrop. Nearby, residents can find dining options such as Monti's La Casa Vieja Steakhouse and Fuzzy’s Taco Shop. The Fashion Institute of Design also lies close, making education accessible. The location combines natural beauty with urban convenience, catering to various lifestyles in a vibrant community.