The Condo Mania Team
Tempe Condo ManiaMLS: 6962025 $524,909
3 Bedrooms with 3 Baths1111 W UNIVERSITY DRIVE 3011#3011
TEMPE AZ 85281MLS: 6962025
Status: ACTIVE
List Price: $524,909
Price per SQFT: $233
Square Footage: 22573 Bedrooms
3 Baths
Year Built: 2005
Zip Code: 85281
Listing Remarks
Penthouse Living in Downtown Tempe! Welcome to this stunning 3rd-floor penthouse condominium at The Vale, one of downtown Tempe's most iconic residential communities designed by renowned architect Will Bruder. Offering 3 bedrooms, 3 bathrooms, and 2,257 square feet, this modern residence blends architectural drama with everyday comfort. The expansive great room immediately impresses with its soaring 22-foot vaulted ceilings and a north-facing wall of windows showcasing breathtaking views of Camelback Mountain and Tempe. Upstairs, additional south-facing windows capture scenic vistas of Diablo Mountain and South Tempe, filling the home with natural light throughout the day. The open-concept kitchen is designed for both function and style, featuring quartz countertops, modern cabinetry, a breakfast bar, pantry storage, and stainless steel appliances, including a side-by-side counter-depth refrigerator. Porcelain tile flows through the kitchen, laundry, and bathrooms, while neutral carpeting adds warmth to the living areas and bedrooms. All 3 bedrooms include walk-in closets, with the primary suite offering a spa-like retreat complete with a walk-in shower, soaking tub, and dual sinks. A spacious loft provides flexible space ideal for a home office, media room, or creative studio, enhanced by adjustable cable lighting. This home has been thoughtfully updated with a full remodel in 2020 and fresh interior paint in 2025, along with a new HVAC system (2023). Additional features include double-pane windows, a fire sprinkler system, an alarm system with motion and door sensors, pendant lighting, wall sconces, and ceiling fans with lights throughout. The community itself has seen significant recent improvements, including exterior painting, new landscaping, pool and hot tub resurfacing, and updated entry gate hardware (2024-2025). Residents enjoy a heated pool and spa, fitness center, gated access, and pet-friendly green space. Parking is a breeze with a spacious 2-car detached garage plus underground parking, offering ample storage. Perfectly located just one mile from ASU, with the Tempe Orbit shuttle stop right outside the gate, this highly walkable and bike-friendly neighborhood places you minutes from restaurants, shopping, Tempe Lake Park, the Center for the Arts, and Sky Harbor International Airport. This is penthouse living at its finest: modern, architectural, and perfectly positioned in the heart of it all.
Address: 1111 W UNIVERSITY DRIVE 3011#3011 TEMPE AZ 85281
ARMLS RICHARD F BARKER of KELLER WILLIAMS ARIZONA REALTY
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Condo Mania Agent
Maria Boetger
Homesmart
Real Estate Agent
Phone: 480-329-5926
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Listing Details
STATUS: Active PROPERTY TYPE: Residential PROPERTY SUB TYPE: Apartment LISTING CONTRACT DATE: 2025-12-31 BEDROOMS: 3 BATHROOMS: 2.5 LIVING AREA SQ FT: 2257 LIVING AREA SOURCE: Assessor YEAR BUILT: 2005 TAXES: $3,540 HOA/MGMT CO: Vale Condominium HOA/MGMT PHONE: 602-437-4777 HOA FEES FREQUENCY: Monthly HOA FEES: $559 HOA INCLUDES: Roof Repair, Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior COMMUNITY FEATURES: Pool, Gated, Community Spa, Community Spa Htd, Near Bus Stop, Fitness Center ARCHITECTURAL STYLE: Contemporary BUILDER NAME: Bruder-Wespac CONSTRUCTION: Stucco, Steel Frame, Wood Frame, Painted, Block EXTERIOR FEATURES: Balcony FLOORING: Carpet, Tile HEATING: Electric COOLING: Central Air, Programmable Thmstat INTERIOR FEATURES: High Speed Internet, Double Vanity, Master Downstairs, Breakfast Bar, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub LOT FEATURES: North/South Exposure, Alley, Desert Back, Desert Front # GARAGE SPACES: 2 # CARPORT SPACES: 0 PARKING FEATURES: Unassigned, Garage Door Opener, Assigned COMMON WALLS: 1 Common Wall, Neighbor Below, End Unit ROOF: Metal STORIES TOTAL: 3 VIEW: City Lights, Mountain(s) LEGAL DESCRIPTION: LOT 3011 VALE CONDOMINIUMS MCR LISTING AGENT: RICHARD F BARKER LISTING OFFICE: KELLER WILLIAMS ARIZONA REALTY LISTING CONTACT: 602-882-9404
Estimated Monthly Payments
List Price: $524,909 20% Down Payment: $104,982 Loan Amount: $419,927 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $2,654 Estimate does not include taxes, fees, insurance.
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Property Location: 1111 W UNIVERSITY DRIVE 3011#3011 TEMPE AZ 85281
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Condo Mania Agent
Angela Covey
Homesmart
Real Estate Agent
Phone: 602-677-9038
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Last Updated: 2025-12-31 13:34:07