140 E RIO SALADO Parkway 509, Tempe, AZ 85281, Tempe, 85281 - 2 bed, 2 bath
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Tempe, AZ 85281
This Luxury Waterfront Condominium is listed at $645,000, aligning perfectly with its $645,000 Fair Market Value. Boasting a Move-in Ready Condition Rating, the residence features a recently renovated chef's kitchen and a functional split-bedroom layout offering unobstructed views of Tempe Town Lake and the Four Peaks. The iconic steel-and-glass construction provides superior soundproofing with triple-pane windows and 7.5-inch concrete floors. Despite the high carrying costs, the resort-style amenities and prime location near ASU offer a premium lifestyle. This sophisticated residence is ideal for urban professionals or Owner-Occupants seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 140 E RIO SALADO Parkway 509 Subject | $645,000* List Price | 2 | 2 | 1,600 | $403 | - |
A 140 E RIO SALADO Parkway 409 Sold | $690,000 | 2 | 2 | 1,600 | $431 | - |
B 140 E RIO SALADO Parkway 409 Sold | $690,000 | 2 | 2 | 1,600 | $431 | - |
C 140 E RIO SALADO Parkway 504 Active | $765,000 List Price | 2 | 2 | 1,761 | $434 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and falls within the 10-20 year age bracket (built 2008). It features a recently renovated chef's kitchen with high-end stainless steel appliances, modern white shaker cabinetry, and a contemporary tile backsplash. While the bathrooms and tile flooring appear to be well-maintained original features from the time of construction, the overall quality is high, and the unit shows minimal wear and tear with no immediate renovation required.
The property offers stunning, elevated views of Tempe Town Lake and the Four Peaks, providing a highly desirable scenic backdrop that is rare for the area.
As an iconic steel-and-glass tower featuring 7.5-inch concrete floors and triple-pane windows, the building ensures exceptional soundproofing and energy efficiency.
The residence features a recently renovated chef's kitchen and a functional split-bedroom floor plan that acts as two private master suites, ideal for privacy and entertaining.
The monthly association fee of $1,366 is significantly high, which may impact the overall affordability and appeal for budget-conscious buyers.
The assigned public schools for this location have modest ratings ranging from 3 to 5, which could be a drawback for families prioritizing top-tier educational districts.
Welcome to Bridgeview - City Living at its finest. This premium elevated waterfront condo offers stunning views of Tempe Town Lake and the Four Peaks. Located in one of Tempe's most luxurious communities, this upgraded residence features a recently renovated chef's kitchen flowing into an open living area ideal for entertaining or relaxing. Enjoy Two private balconies overlooking the grassy common area and shimmering lake. The ideal split-bedroom floor plan lives like two private master suites. Includes two underground parking spaces and storage. Bridgeview is an iconic steel-and-glass tower with 7.5'' concrete floors, Triple-pane Windows, resort-style amenities, and 24-HR Desk Service. Steps to dining, shopping, ASU, Tempe Center for the Arts, Gammage, and Trolley right outside your door This is truly the best of Tempe living Bridgeview has it all! Just steps away explore Tempe's finest dining, shopping, ASU Sports, and entertainment. Tempe's finest dining, shopping, ASU sports, and entertainment. lock-and-leave luxury in one of Tempe's most beautifully designed towers w/Triple-Pane Windows. Bridgeview is an iconic Steel & Glass Building with 7.5" concrete floors. Moments to Tempe Center for the Arts and Gammageplus the new trolley right outside your door for quick rides to restaurants, shops, and entertainment.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades PK-5 • 2.0 mi
Grades K-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,600 | 1,508 | 60% |
| Lot Size | 1,714 | 1,714 | 50% |
| Price | $645.0K | $0 | 80% |
| Price per sq ft | $403 | $0 | 80% |
| Built year | 2008 | 2006 | 53% |
| HOA | $1366 | $375 | 87% |
| Days on market | 96 | 2907 | 7% |
Jan 16, 2026
$645,000
Initial Listing