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Property Description
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.
Full Property Details
Full Property Details for 140 E Rio Salado Pkwy #1201
General
- Price: $4,950,000
- HOA FEE: $3,466/month
- Taxes: $9,898 (2024)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6979653
- Updated: Today (2/6/2026)
- Added to Site: Today
Interior
- 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
- Fireplace: Yes
- Number of Fireplaces: 3
- Fireplace(s): Two Way Fireplace, Family Room, Living Room, Gas
- Appliances: Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Upstairs Laundry, Inside, Engy Star (See Rmks)
Additional Information
- Security/Safety: Fire Sprinkler System, Security Guard
Exterior
- Exterior Features: Balcony, Storage
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Attached Garage, Gated, Separate Strge Area, Temp Controlled, Assigned, Community Structure, Electric Vehicle Charging Station(s)
Location
- County: Maricopa
- Township: 1N
- Subdivision: BRIDGEVIEW AT HAYDEN FERRY LAKESIDE CONDOMINIUM AM
- Cross Streets: Rio Salado Parkway and Scottsdale Road
Community
- Association: Yes
- Assoc. Name: First Service Reside
- Assoc. Fees Include: 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
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Contemporary, High Rise
- Builder: Suncor Development Co
- Exterior Const.: Steel Frame, Painted, ICFs (Insulated Concrete Forms)
- Roof: Built-Up
- Common Walls: Neighbor Below, End Unit
- Windows: Low-Emissivity Windows, ENERGY STAR Qualified Windows, Mechanical Sun Shds, Tinted Windows, Triple Pane Windows
- Sq. Ft. Source: Assessor
- Year Built: 2008
Lot Features
- Property View: City, Desert, Lake, Panoramic, City Lights, Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,186
- Lot Size Source: Assessor
- Frontage: Paved
- Lot Features: None, North/South Exposure, Waterfront Lot
Water Features
- Water Front: Yes
- Water View: Yes
Green Features
- Energy Efficient: Multi-Zones
- Water Conservation: Tankless Ht Wtr Heat
Financial Considerations
- Association Fee: $3,466
- Assoc Fee Freq.: Monthly
- Tax Amount: $9,898
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Condominium
- Legal Description: LOT 1201 BRIDGEVIEW AT HAYDEN FERRY LAKESIDE CONDOMINIUM AM MCR 097021
- Property ID: 132-20-175
- Range: 4E
- Section: 15
- Lot Number: 1201
Listed by Retsy
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Schools
Schools serving 140 E Rio Salado Pkwy #1201
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Cecil Shamley School 1500 N Scovel St, Tempe, AZ 85281 | PK-5 | 1.3 mi |
Tempe High School 1730 S Mill Ave, Tempe, AZ 85281 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 140 E Rio Salado Pkwy #1201
Date
Details
Price
Change
Source
2/06/2026
Listed
$4,950,000
164%
MLS
10/04/2021
Sold
$1,875,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 140 E Rio Salado Pkwy #1201
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,633
7%
$171,720
10%
2024
$9,898
-16%
$156,070
10%
2023
$11,797
4%
$141,880
13%
2022
$11,291
—
$126,070
6%
2022
$11,291
-6%
$119,050
23%
2021
$11,974
3%
$96,960
10%
2020
$11,610
-7%
$87,770
-4%
2019
$12,451
1%
$91,380
-9%
2018
$12,309
3%
$100,730
10%
2017
$11,925
1%
$91,910
4%
2016
$11,837
5%
$88,630
11%
2015
$11,305
-9%
$79,930
-7%
2014
$12,468
-22%
$86,360
-19%
2013
$15,934
—
$107,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 140 E Rio Salado Pkwy #1201
140 E Rio Salado Parkway #1201, Tempe, AZ 85281 (MLS# 6979653) is a Apartment property with 4 bedrooms and 4 full bathrooms. 140 E Rio Salado Parkway #1201 is currently listed for $4,950,000 and was received on February 06, 2026. Want to learn more about 140 E Rio Salado Parkway #1201? Do you have questions about finding other Apartment real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

