#6863320, Shari Hilton, Robin Orscheln, Listing Office: Compass

140 E Rio Salado Pkwy Unit 506 Tempe, AZ 85281
Property details
About 140 E Rio Salado Pkwy Unit 506
Introducing a front lake rare gem of luxury living nestled in the heart of Tempe with unparalleled vistas. In your next home, you'll find a blend of sophistication and comfort with two spacious bedrooms and two bathrooms. The layout boasts a formal dining area and a living room with a cozy fireplace, leading to a balcony perfect for soaking in the panoramic views. The chef's kitchen is a culinary enthusiast's dream, featuring high-end appliances and modern-style finishes. The ultimate luxury, however, is in the thoughtful design and amenities within the building. Triple-pane sapphire windows provide noise reduction and protection from direct sunlight, ensuring a serene indoor environment. The double walls and air spaces between units guarantee privacy. This unit also counts with two garage spaces equipped with one EV charging station. Located in Tempe on Bridgeview at Hayden Ferry, this property boasts direct access to Tempe Town Lake, offering serene waterside living. It's also in close proximity to the Diablo stadium, Arizona State University, and the vibrant Mill Avenue, known for its exceptional shopping and entertainment options. The convenience of nearby airport and freeway access makes this an ideal location for those seeking both tranquility and connectivity. Residents can indulge in a plethora of exclusive amenities, including a heated pool, spa, sauna, gym, library, movie theater, and the convenience of 24/7 concierge service. This condo isn't just a homeit's a lifestyle.
Highlights
Summary
- Flooring Type: Stone, Wood
- Interior: Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Smart Home, Granite Counters
- Fireplace: 1 Fireplace, Living Room, Gas
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Private Pool: No
- Parking: Garage Door Opener, Direct Access, Separate Strge Area, Assigned, Community Structure, Gated, Electric Vehicle Charging Station(s)
- View: City Lights, Mountain(s)
- Exterior: Balcony, Storage
- Architectural Style: Contemporary
- Heating: Electric, Natural Gas
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $1,290,000
- Price/SqFt: $750
- HOA Amount: $1,500
- HOA Frequency: Monthly
- Annual Tax Amount: $6,798
- Tax Year: 2024
- Lot: Corner Lot
- Directions: From Scottsdale Rd turn west on Rio Salado Prwy to Hayden Ferry; turn right then right at round about to Bridgeview, pass the bridge to the guest parking garage on the left push 01 to ask for access.
- Year Built: 2008
- Stories: 12
- Living Area: 1,718 SqFt
- Lot Size: 0.04 Acres
- MLS Number: 6802055
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Crane Real Estate
- Office Phone: (480) 812-5447
- Office Email: stevenscrane@live.com
- Listing Agent: Yadira Solorio Crane
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. 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. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2025, 7:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$1,290,000
140 E Rio Salado Pkwy Unit 506
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 30, 2023 | Home Sold | $1,100,000 |
Jun 28, 2023 | Home Sold | $1,100,000 |
Apr 20, 2021 | Home Sold | $859,900 |
Apr 18, 2008 | Home Sold | $1,300,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $77,310 | $6,798 |
2023 | $68,810 | $6,521 |
2022 | $59,520 | $6,566 |
2020 | $58,760 | $5,767 |
2019 | $47,600 | $5,491 |
2017 | $54,370 | $6,476 |
History based on county public records data.
Nearby schools
3
Scales Technology Academy
Public District KG-5
1.2 mi
•1115 W 5th St
6
Broadmor Elementary School
Public District KG-5
1.9 mi
•311 E Aepli Dr
2
Holdeman Elementary School
Public District KG-5
2.0 mi
•1326 W 18th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $87,500. The majority of Tempe, AZ residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
Frequently asked questions
About 140 E Rio Salado Pkwy Unit 506
The listing price of 140 E Rio Salado Pkwy Unit 506 property is $1,290,000.
The property 140 E Rio Salado Pkwy Unit 506 is a condo located in Tempe, Arizona, 85281.
Active Listing: 140 E Rio Salado Pkwy Unit 506 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 140 E Rio Salado Pkwy Unit 506 are: Scales Technology Academy (GreatSchools Rating 3/10), Broadmor Elementary School (GreatSchools Rating 6/10), Holdeman Elementary School (GreatSchools Rating 2/10), Laird Elementary School (GreatSchools Rating 3/10), Gililland Middle School (GreatSchools Rating 2/10), Tonalea K - 8 School (GreatSchools Rating 3/10), Ombudsman - Charter Northeast (GreatSchools Rating 2/10), Asu Preparatory Academy Digital (GreatSchools Rating 5/10), Student Choice High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $6,798 (source: MLS/based on county public records data).
The last sale was on June 30, 2023 for $1,100,000 (source: MLS/tax record).
The property at 140 E Rio Salado Pkwy Unit 506 has 2 bedrooms and 2 bathrooms.
The property 140 E Rio Salado Pkwy Unit 506 is 1,718 SqFt (source: MLS/tax record).
The year of construction for 140 E Rio Salado Pkwy Unit 506 is 2008.
This home is located at 140 E Rio Salado Pkwy Unit 506 in Tempe, AZ and zip code 85281 in the Downtown Tempe neighborhood. This 1,718 square foot home, which was built in 2008, sits on a 0.04 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $1,290,000.
Tempe, AZ housing market in April 2025 saw over 22 listings sold above listed price, more than 29 sold at listed price and over 66 sold below. The number of homes for sale in Tempe, AZ increased by 14.6% between March and April 2025. In April 2025, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $482,587.