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● For sale

$489,900

425 W RIO SALADO Parkway 101, Tempe, AZ 85281

REGATTA POINTE CONDOMINUMS AMD · Maricopa County

2 beds 2 baths 1,048 sqft 0.03 acres Built 2002 $467 /sqft HOA $400/mo

111 days on market

What's special

City Lights & Mountain(s) & Lake views
1-car garage

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!

Property details

Interior

Bedrooms

Bedrooms: 2

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Interior Features

Full Bth Master Bdrm
Double Vanity
Breakfast Bar
Pantry
Granite Counters
High Speed Internet
9+ Flat Ceilings
Flooring: Carpet, Tile

Appliances

Dishwasher
Disposal
Microwave
Laundry Features: Inside

Heating and Cooling

Cooling Features: Ceiling Fan(s), Central Air
Heating Features: Electric

Other Interior

Stories: 3

Exterior

Exterior and Lot Features

Balcony
Fencing: Wrought Iron, Other, See Remarks

Land Info

North/South Exposure
Desert Front
Lot Size Acres: 0.03
Lot Size Square Feet: 1,387

Garage and Parking

Garage Spaces: 1
Carport Spaces: 2
Attached Garage: No
Parking Features: Assigned Parking, Garage Door Opener, Gated

Home Features

View: City Lights, Mountain(s), Lake

Community

Homeowners Association

Association: Yes
Association Fee: $400
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: $400
Association Fee Includes: Maintenance Exterior, Roof Replacement, Insurance, Water, Sewer, Trash, Pest Control, Maintenance Grounds

Neighborhood

Subdivision: REGATTA POINTE CONDOMINUMS AMD

Listing

Other Property Info

Annual Tax Amount: $3,040
Source Listing Status: Active
County: Maricopa
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.
Property Subtype: Apartment
Parcel Number: 124-24-056
Postal City: Tempe
Listing Date: 2/9/2026
On Market Date: 2/13/2026
MLS#: 6982005

Features

Building and Construction

Total Square Feet Living: 1,048
Year Built: 2002
Property Age: 24
Architectural Style: Contemporary
Construction Materials: Wood Frame, Painted, Stucco, Brick Veneer
Roof: Other
Stories: 3
Living Area Source: Assessor

Utilities

Water Source: Public

Contact Us

Ask a question or schedule a showing

Listed by Alexander M Prewitt& Lisa Noldan Real Broker

Listing updated: May 30, 2026

MLS#: 6982005

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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