140 E RIO SALADO Parkway # 1201 Tempe, AZ $ 4,950,000
140 E RIO SALADO Parkway # 1201
$ 4,950,000
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140 E RIO SALADO Parkway # 1201

Tempe, AZ, 85281
$ 4,950,000
Bedrooms4 Baths4.1 Sq 3,783

Monthly Estimate*

$ 30,478

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Condo for sale in Tempe, AZ

for $4,950,000 with 4 bedrooms and 4 full baths, 1 half bath. This 3,783 square foot condo was built in 2008 on a lot size of 0.05.

Sky Terrace 1201, known as Summit, is a true owner's penthouse anchored by one unforgettable moment: Hayden Butte, famously known as A Mountain, framed dead center through a full wall of glass. As you enter the home, the living room opens to this commanding view, with the peak of the butte positioned directly in sight. It feels as if you are living on the side of the mountain and above it at the same time, grounded and elevated in a way few residences ever achieve. This two story penthouse offers a more private and intentional experience than its neighboring residences, designed for those who value refinement over sprawl. Lake and skyline views are thoughtfully layered throughout the home. Skyline perspectives are primarily enjoyed from the mountain facing balconies, while lake views are captured from the primary suite and family room through expansive windows that bring the outdoors in without overwhelming the space. The residence features four ensuite bedrooms, creating a sense of privacy and autonomy throughout. The definitive primary suite is located upstairs and functions as a true retreat rather than just a bedroom. It enjoys serene lake and mountain views and opens to a private balcony that creates a balanced, architectural indoor outdoor connection. Summit lives exactly how a penthouse should. The main level is open yet grounded, designed to support both entertaining and everyday living without sacrificing intimacy. The kitchen, living, and dining spaces flow naturally while maintaining a sense of intention and structure. While this residence can absolutely host, its identity is that of an owner's penthouse. Polished, private, and refined. Think luxury hotel suite in the sky rather than a wide open event space. Upgrades throughout the home reinforce this philosophy. Fresh paint, remodeled bathrooms, updated lighting, and a fully integrated smart home system allow lighting, climate, and sound to be controlled seamlessly from your phone. Every detail has been curated to support how the home is meant to be lived in, not just how it looks. Located on the 12th floor of Bridgeview at Tempe Town Lake, Summit includes access to a gated garage, 24 hour front desk attendant and security, pool and jacuzzi, steam room and sauna, fitness center, and a private community lawn with lounge areas and grills. Additional amenities include a clubhouse with a full kitchen, library, television lounge, pool table room, and a private movie theater. Direct access to Tempe Town Lake's dock and the surrounding walking and biking paths places the outdoors immediately at your doorstep. The residence includes two secured parking spaces and a dedicated storage unit. Bridgeview is professionally managed with on site HOA staff, strong reserves, and a reputation for exceptional maintenance. Summit is a penthouse defined not by excess, but by perspective, privacy, and its powerful relationship with Hayden Butte. A residence for someone who values elevation in every sense of the word.

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Condo Active

Price

$ 4,950,000

Bedrooms

4

Full Bath

4

Half Bath

1

Property Type

Condo

Taxes

$ 9,898

Style

Contemporary

Lot Size

0.05

Year Built

2008

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

6979653

Features
Interior
Interior Amenities High Speed Internet Smart Home Granite Counters Double Vanity Master Downstairs Upstairs Eat-in Kitchen Breakfast Bar 9+ Flat Ceilings Elevator Vaulted Ceiling(s) Kitchen Island Pantry 2 Master Baths
Flooring Tile
Fireplace Features Two Way Fireplace Family Room Living Room Gas
Total Stories 12
Common Walls Neighbor Below End Unit
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Low-Emissivity Windows ENERGY STAR Qualified Windows Mechanical Sun Shds Tinted Windows Triple Pane Windows
Fireplace Y/N Y
Laundry Features Upstairs Laundry Inside Engy Star (See Rmks)
Total Bedrooms 4
Total Baths 5
Bedrooms Possible 4
Built-in Microwave True
Kitchen Island True
Multiple Ovens True
Pantry True
Reverse Osmosis True
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General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Possession Close Of Escrow
Roof Built-Up
HOA Fee 3466.34
Garage Spaces 3.0
Association Fee Includes Electricity Roof Repair Insurance Sewer Pest Control Maintenance Grounds Other (See Remarks) Street Maint Front Yard Maint Air Cond/Heating Trash Water Roof Replacement Maintenance Exterior
Architectural Style Contemporary
Security Features Fire Sprinkler System Security Guard
Construction Materials Steel Frame Painted ICFs (Insulated Concrete Forms)
Year Built 2008
View City Desert Lake Panoramic City Lights Mountain(s)
Township 1N
Unit Number 1201
Property Subtype Apartment
Tax Year 2024
Ownership Condominium
Community Features Pool Lake Gated Community Spa Community Spa Htd Near Light Rail Stop Near Bus Stop Community Media Room Guarded Entry Concierge Biking/Walking Path Fitness Center
Assoc Fee Paid Per Monthly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Energy Efficient Multi-Zones
Subdivision Name BRIDGEVIEW AT HAYDEN FERRY LAKESIDE CONDOMINIUM AM
Green Water Conservation Tankless Ht Wtr Heat
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions From Scottsdale Rd head west on Rio Salado Parkway. Turn right onto Hayden Ferry turn right at the round about and go to the end of the private drive. Bridgeview doors are on your right.
High School Tempe High School
City Tempe
Disclosures Agency Discl Req Seller Discl Avail
Association Name First Service Reside
High School District Tempe Union High School District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 2186.0
Carport Spaces 0.0
Carport Y/N N
Spa Features Heated
Elementary School Cecil Shamley School
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 9898.0
Home Warranty Y/N N
Middle/Junior High School Cecil Shamley School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Suncor Development Co
Standard Status Active
Occupancy Type Owner
Elementary School District Tempe School District
Tax Lot 1201
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 3466.34
New Financing Cash True
New Financing: VA True
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Exterior
Exterior Amenities Balcony Storage
Fencing None
Parking Features Attached Garage Gated Separate Strge Area Temp Controlled Assigned Community Structure Electric Vehicle Charging Station(s)
Lot Features None North/South Exposure Waterfront Lot
Water Source City Water
Lot Size Area 2186.0
Spa Y
Lot Size Acres 0.05
Road Surface Type Paved
Lot Size Source Assessor
Waterfront Y/N Y
Covered Spaces 3.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 140
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* Excluded Features
List By
Retsy

Broker

jmestesrealty@gmail.com

Email

Affordability Calculator

$31,303
Per Month
97%
3%
0%
Monthly Principal & Interest
$30,478
Monthly Property Taxes
$825
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327385 Elementary School
4327497 Middle School
Tempe High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2026$4,950,000 Listed Price

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140 E RIO SALADO Parkway # 1201, Tempe, AZ, 85281 is a Condo for sale at $4,950,000 with 3,783 sqft and a lot size of 0.05. 140 E RIO SALADO Parkway # 1201 has 4 bedrooms, 4.1 baths, and was built in 2008. The property's zip code is 85281 which is in Tempe, AZ