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MLS: 6979653     $4,950,000
4 Bedrooms with 5 Baths

MLS: 6979653 Condo For Sale
140 E RIO SALADO PARKWAY 1201#1201
TEMPE AZ 85281

MLS:  6979653
Status:  ACTIVE
List Price:  $4,950,000
Price per SQFT:  $1,308
Square Footage:  3783

4 Bedrooms
5 Baths
Year Built:  2008
Zip Code:  85281

 

Listing Remarks

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.

Address: 140 E RIO SALADO PARKWAY 1201#1201 TEMPE AZ 85281

MLS Logo  ARMLS JON MARK ESTES of RETSY

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Condo Mania Agent

Featured Real Estate Agent Maria Boetger

Maria Boetger

Homesmart
Real Estate Agent
Phone: 480-329-5926

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Listing Photos

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Listing Details

STATUS:Active
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Apartment
LISTING CONTRACT DATE:2026-02-04
ON MARKET DATE:2026-02-06
BEDROOMS:4
BATHROOMS:4.5
LIVING AREA SQ FT:3783
LIVING AREA SOURCE:Assessor
YEAR BUILT:2008
TAXES:$9,898
HOA/MGMT CO:First Service Reside
HOA/MGMT PHONE:480-967-0984
HOA FEES FREQUENCY:Monthly
HOA FEES:$3,466
HOA 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
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
APPLIANCES INCLUDED:Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
ARCHITECTURAL STYLE:Contemporary
BUILDER NAME:Suncor Development Co
CONSTRUCTION:Steel Frame, Painted, ICFs (Insulated Concrete Forms)
EXTERIOR FEATURES:Balcony, Storage
FIREPLACE:Two Way Fireplace, Family Room, Living Room, Gas
FLOORING:Tile
HEATING:Electric
COOLING:Central Air
INTERIOR FEATURES: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, Full Bth Master Bdrm, Separate Shwr & Tub
LAUNDRY FEATURES:Upstairs Laundry, Inside, Engy Star (See Rmks)
LOT FEATURES:None, North/South Exposure, Waterfront Lot
# GARAGE SPACES:3
# CARPORT SPACES:0
PARKING FEATURES:Attached Garage, Gated, Separate Strge Area, Temp Controlled, Assigned, Community Structure, Electric Vehicle Charging Station(s)
COMMON WALLS:Neighbor Below, End Unit
ROOF:Built-Up
STORIES TOTAL:12
VIEW:City, Desert, Lake, Panoramic, City Lights, Mountain(s)
LEGAL DESCRIPTION:LOT 1201 BRIDGEVIEW AT HAYDEN FERRY LAKESIDE CONDOMINIUM AM MCR 097021
LISTING AGENT:JON MARK ESTES
LISTING OFFICE:RETSY
LISTING CONTACT:480-249-6400

Estimated Monthly Payments

List Price:$4,950,000
20% Down Payment:$990,000
Loan Amount:$3,960,000
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$25,030

Estimate does not include taxes, fees, insurance.

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Property Location: 140 E RIO SALADO PARKWAY 1201#1201 TEMPE AZ 85281


Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 0.25 mi

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6969734 $690,000 140 E RIO SALADO PARKWAY 509#509 2 2 1600 BRIDGEVIEW
6979851 $475,000 140 E RIO SALADO PARKWAY 702#702 1 2 1168 BRIDGEVIEW

Condo Mania Agent

Featured Real Estate Agent Angela Covey

Angela Covey

Homesmart
Real Estate Agent
Phone: 602-677-9038

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Last Updated: 2026-02-06 16:34:30