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Regatta Pointe Condominiums

Regatta Pointe Condominiums

Regatta Pointe Condominiums
Condominium Building
The Costar Building Rating

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425 W Rio Salado Pkwy
Tempe, AZ 85281
238 Units
4 Stories
2002 Year Built
$465K - $626K Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Concierge
  • Fitness Center
  • Gated Community
  • Waterfront
  • Mountain View
  • Community Lake

Waterfront living in the heart of Downtown Tempe

Regatta Pointe Condominiums, completed in 2002, offers a prime location on the shores of Tempe Town Lake. This four-story complex houses 238 units, providing residents with a blend of urban convenience and lakeside tranquility. Situated in the vibrant Downtown Tempe area, Regatta Pointe combines modern living with easy access to the cultural and recreational amenities of this college town. The Mediterranean-inspired architecture features stucco exteriors and tiled roofing, creating a distinctive presence along the waterfront.

Spacious layouts with stunning lake and mountain views

Regatta Pointe offers a range of floor plans to suit various lifestyles. The condominium features 2 to 3-bedroom layouts, with sizes spanning from 904 to 1,456 square feet. Two-bedroom units, which make up the majority of the offerings, come with 2 to 3 bathrooms and are priced between $420,000 and $510,000. For those requiring more space, the three-bedroom units provide approximately 1,500 square feet of living area with two and a half bathrooms. Many units boast panoramic views of Tempe Town Lake, Beach Park, and the surrounding mountains, including Papago Buttes and Camelback Mountain. Large windows in the great rooms and private balconies maximize these vistas, allowing residents to enjoy Arizona's famous sunsets. Some units feature direct access from oversized one-car garages, a rarity in the area. Interior finishes vary, but many units have been updated with modern touches. Expect to find open-concept living areas, well-appointed kitchens with stainless steel appliances and convection ovens, and spacious master suites with en-suite bathrooms. Some units boast unique features such as loft spaces, 20-foot ceilings, or finished basements that can serve as home offices or additional bedrooms. Monthly HOA fees range from $300 to $400, covering a comprehensive list of services including roof repair and replacement, insurance, sewer, ground maintenance, street maintenance, front yard maintenance, water, and exterior upkeep. This fee structure ensures that the property maintains its appeal and value over time.

Resort-inspired amenities with a focus on lakeside living

Regatta Pointe Condominiums offers an array of amenities designed to enhance the lakeside living experience. The community's crown jewel is its heated pool and spa area, providing a perfect spot for relaxation and socializing. Residents can enjoy the Arizona sunshine on the pool deck or unwind in the jacuzzi after a long day. For fitness enthusiasts, the on-site fitness center eliminates the need for external gym memberships. The facility is equipped with modern exercise machines and free weights, catering to various workout routines. After a workout, residents can cool down in the community's recreation room, which serves as a social hub for neighbors to connect. Outdoor enthusiasts will appreciate the direct access to biking and walking trails along Tempe Town Lake. These paths offer scenic routes for morning jogs or evening strolls, connecting residents to the broader Tempe community. For those who enjoy outdoor cooking, the complex features a BBQ area, perfect for weekend gatherings or impromptu cookouts. Security is a priority at Regatta Pointe, with features such as gated entry and secured elevator access providing peace of mind for residents. The property also offers convenient covered parking, protecting vehicles from the intense Arizona sun. One of the standout features of Regatta Pointe is its location right on Tempe Town Lake. This proximity allows residents easy access to the lake for water activities. Inside the units, residents enjoy modern conveniences such as in-unit washers and dryers, central air conditioning, and balconies or patios. Many units also feature crown molding, adding a touch of elegance to the living spaces. Storage space is available for residents who need extra room for their belongings. The combination of these amenities creates a comfortable and convenient living environment, blending the best of urban living with the relaxed atmosphere of a lakeside community.

A vibrant mix of urban energy and natural beauty

Regatta Pointe Condominiums is situated in the heart of Downtown Tempe, a neighborhood known for its dynamic blend of college-town energy and urban sophistication. The area surrounding the complex offers a rich tapestry of cultural, recreational, and dining experiences. Tempe Beach Park, just steps away from Regatta Pointe, serves as the neighborhood's outdoor hub. This local landmark features a splash playground, boating facilities, and athletic fields, providing endless opportunities for outdoor recreation. The park also hosts numerous community events throughout the year, adding to the area's vibrant atmosphere. For those seeking a more challenging outdoor experience, Hayden Butte Preserve, colloquially known as "A" Mountain due to the large letter "A" representing Arizona State University, offers popular hiking trails. The preserve is just a 15-minute walk from Regatta Pointe and provides panoramic views of the Valley of the Sun from its summit. Mill Avenue, the beating heart of Downtown Tempe, is within easy walking distance. This bustling street is lined with an eclectic mix of shops, restaurants, and entertainment venues. Residents can enjoy a meal at local favorites like Cheba Hut "Toasted" Subs or Gadzooks Enchiladas and Soup, or browse the diverse offerings at the Mill Avenue Shops. For everyday necessities, a Whole Foods Market is conveniently located about a 20-minute walk from Regatta Pointe. This upscale grocery store offers a wide selection of natural and organic products, making it easy for residents to maintain a healthy lifestyle. The presence of Arizona State University significantly influences the neighborhood's character. The university brings a youthful energy to the area and provides numerous cultural opportunities through its museums and performance venues. The ASU Art Museum, known for its contemporary art exhibitions and cultural programs, is a short distance from Regatta Pointe. Tempe Center for the Arts, another cultural cornerstone of the neighborhood, showcases works from local and national artists. This venue, with its striking architecture and diverse programming, adds to the rich cultural tapestry of the area. For those who enjoy water activities, Tempe Town Lake offers opportunities for kayaking, paddleboarding, and fishing. The lake's shoreline features miles of paved paths, perfect for jogging, cycling, or leisurely walks. The neighborhood around Regatta Pointe strikes a balance between urban convenience and natural beauty, offering residents a unique living experience that combines the best of both worlds.

Well-connected with multiple transit options

Regatta Pointe Condominiums benefits from its strategic location in Downtown Tempe, offering residents a variety of transportation options. The area's infrastructure caters to different modes of travel, making it easy for residents to navigate the city and beyond. For those who prefer public transit, the Mill Ave/3rd St light rail station is just a 10-minute walk from Regatta Pointe. This station is part of the METRO Light Rail system, which connects Tempe to Phoenix and Mesa, providing an efficient and eco-friendly option for commuters and those exploring the wider metropolitan area. Bus service is readily available, with the Rio Salado Pkwy & Lakeside Dr stop located just a minute's walk from the complex. This stop is served by the 48th St line, offering connections to other parts of Tempe. Another nearby option is the 1st St & Roosevelt St stop, about a 5-minute walk away, which is served by the Hardy Dr line. Cyclists will find Tempe exceptionally accommodating, with numerous bike lanes and paths throughout the city. The extensive network of trails along Tempe Town Lake and beyond makes it easy and safe to commute or explore the area on two wheels. For those who prefer to drive, Regatta Pointe's location provides easy access to major thoroughfares. The complex's proximity to Mill Avenue and University Drive makes it simple to navigate to local destinations by car. Air travelers will appreciate the proximity to Phoenix Sky Harbor International Airport, which is just a 10-minute drive from Regatta Pointe. For those traveling to more distant destinations, Phoenix-Mesa Gateway Airport is about a 40-minute drive away. The combination of these transportation options makes Regatta Pointe an ideal location for those who value mobility and convenience, whether commuting for work or exploring the diverse attractions of the Phoenix metro area.

Building Details

Recreation

  • Community Lake
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Outdoor Features

  • Waterfront
  • Community Barbecue Grill
  • Picnic Area

Amenities

  • Mountain Views
  • Concierge
  • Public Transportation
  • Clubhouse
  • Recreation Room
  • Gated Community

Parking

  • 1 Car Garage
  • 1 - 2 Garage Spaces Per Unit

Condo Association

  • $384 Monthly HOA Fees
  • Association fees include roof repair, insurance, sewer, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Aam Association, Phone Number (480) 422-7075
  • Regatta Pointe Condominums Amd Subdivision

Building Design

  • Fire Sprinkler System
  • Elevator

Unit Features

  • Ceiling height of 9 feet or more
  • Balcony

Unit Information

Unit
113
116
Date
02/25/2025
09/12/2024
Beds
2 Beds
2 Beds
Baths
2 Baths
2 Baths
Sq Ft
1,022
1,048
Price
$499,900
$510,000
Price / Sq Ft
$489 / Sq Ft
$487 / Sq Ft

Unit Size and Value Ranges

Studio Units
Sq Ft Range
904 - 1,456
Est. Values
$465,046 - $621,025
2 Bedroom Units
Sq Ft Range
904 - 1,456
Est. Values
$474,990 - $625,871
3 Bedroom Units
Sq Ft Range
1,456
Est. Values
$608,218
All Units
Sq Ft Range
904 - 1,456
Est. Values
$465,046 - $625,871

Map

Area Factors

High Crime

Crime Score®

8 / 10

Biker's Paradise

Bike Score®

95 / 100

Somewhat Walkable

Walk Score®

66 / 100

Good Transit

Transit Score®

65 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

67 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$22K - $32K
Range of Taxes in Building
$2,172 - $3,608
Range of Taxes per Sq Ft
$1.78 - $2.78

Property Tax History

Source: Public Records

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Building Team

Property Management
Regatta Pointe Mgmt
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.