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● For sale

$489,900

425 W RIO SALADO Parkway 112, Tempe, AZ 85281

REGATTA POINTE CONDOMINUMS AMD · Maricopa County

2 beds 2 baths 904 sqft 0.02 acres Built 2002 $542 /sqft HOA $400/mo

112 days on market

What's special

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

Description

Move in ready home with prime location and views. Recent updated kitchen, baths, quartz counters, stainless steel appliances, luxury vinyl plank, plantation shutters, paint and fixtures. Functional 2 bed/2 full bath floor plan has highly sought after attached direct entry garage with extra width for storage. Garage enters directly into a versatile basement flex space with laundry. Basement not included in Tax Assessor square footage and adds approx. 200 square feet to total area. Prime ground floor location with 2 private covered patios that offer stunning views of Tempe Town Lake and mountains. Gated resort-style community has clubhouse, pool/spa, grills and fitness center. Located across street from Tempe Town Lake and Beach and near ASU, Mill Ave, golf, airport, light rail.

Property details

Interior

Bedrooms

Bedrooms: 2
Total Rooms: 5

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Interior Features

Full Bth Master Bdrm
Double Vanity
Quartz Countertops
High Speed Internet
Flooring: Laminate
Window Features: Screens

Appliances

Dishwasher
Disposal
Refrigerator
Microwave
Electric Range
Laundry Features: Inside

Heating and Cooling

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

Other Interior

Stories: 3
Basement: Finished, Partial, Interior Entry, Storage Space

Exterior

Exterior and Lot Features

Balcony
Patio and Porch Features: Covered Deck
Fencing: Wrought Iron

Land Info

North/South Exposure
Sprinklers In Front
Synthetic Grass Frnt
Lot Size Acres: 0.02
Lot Size Square Feet: 818

Garage and Parking

Garage Spaces: 1
Attached Garage: No
Parking Features: Garage Door Opener, Direct Access, Attached Garage, Detached Carport

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 Repair, Roof Replacement, Insurance, Water, Sewer, Trash, Maintenance Grounds

Neighborhood

Subdivision: REGATTA POINTE CONDOMINUMS AMD

Listing

Other Property Info

Annual Tax Amount: $2,688
Source Listing Status: Active
County: Maricopa
Directions: East on Rio Salado from Priest OR West on Rio Salado from Mill. South ON Lakeside DR to Security Gate at end of street. KEY PAD is on right side before the gate. Park inside the gate at guest parking
Property Subtype: Apartment
Parcel Number: 124-24-067
Postal City: Tempe
Listing Date: 2/19/2026
On Market Date: 2/25/2026
MLS#: 6988506

Features

Building and Construction

Total Square Feet Living: 904
Year Built: 2002
Property Age: 24
Architectural Style: Contemporary
Construction Materials: Wood Frame, Painted, Stucco
Roof: Built-Up, Tile
Stories: 3
Living Area Source: Assessor

Utilities

Water Source: Public

Contact Us

Ask a question or schedule a showing

Listed by Michael Lindberg Marsh Management & Real Estate

Listing updated: May 13, 2026

MLS#: 6988506

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.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.