140 E Rio Salado Parkway #1201, Tempe, AZ 85281
Local realty services provided by:CENTURY 21 Arizona Foothills
140 E Rio Salado Parkway #1201,Tempe, AZ 85281
$4,950,000
- 4 Beds
- 5 Baths
- 3,783 sq. ft.
- Condominium
- Active
Listed by: jon mark estes
Office: retsy
MLS#:6979653
Source:ARMLS
Price summary
- Price:$4,950,000
- Price per sq. ft.:$1,308.49
- Monthly HOA dues:$3,466
About this home
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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Home facts
- Year built:2008
- Listing ID #:6979653
- Updated:February 16, 2026 at 03:47 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Living area:3,783 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:2008
- Building area:3,783 sq. ft.
- Lot area:0.05 Acres
Schools
- High school:Tempe High School
- Middle school:Cecil Shamley School
- Elementary school:Cecil Shamley School
Utilities
- Water:City Water
Finances and disclosures
- Price:$4,950,000
- Price per sq. ft.:$1,308.49
- Tax amount:$9,898 (2024)
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