140 E RIO SALADO Parkway 1201, Tempe, AZ 85281, Tempe, 85281 - 4 bed, 5 bath
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Tempe, AZ 85281
Analysis of 140 E RIO SALADO Parkway 1201, Tempe, AZ 85281 is currently available with a list price of $4,100,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Tempe Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This penthouse is in mint condition following a full renovation. It features a high-end chef's kitchen with Wolf and Sub-Zero appliances, ultra-modern bathrooms with designer fixtures, and premium finishes throughout, requiring no maintenance.
Positioned on the 12th floor, this residence offers some of the most expansive views in the Valley, including Tempe Town Lake, Camelback Mountain, and the city skyline.
The property features a complete high-end renovation with 18-foot ceilings, floor-to-ceiling glass, and a chef's kitchen outfitted with Wolf, Miele, and Sub-Zero appliances.
This unique 3,783 SF layout provides a dramatic two-story living experience with a sculptural spiral staircase and seamless indoor-outdoor flow via two private terraces.
The monthly association fee of $3,466 is exceptionally high, representing a significant recurring carrying cost that may impact the overall value proposition for some buyers.
The local public schools assigned to this address currently hold relatively low ratings, which could be a drawback for families prioritizing top-tier educational districts.
Welcome to one of the most exclusive penthouse opportunities in the Valley. Perched atop Bridgeview at Hayden Ferry Lakeside, this rare 12th-floor residence offers 4 bedrooms, 4.5 bathrooms, & 3,783 SF of fully renovated, two-story living. Positioned at one of the highest vantage points on Tempe Town Lake, it captures panoramic views of Hayden Butte (A Mountain), Camelback Mountain, the Papago Mountains, the lake, ASU, & the city skyline--stretching from sunrise to city lights. A dramatic arrival is defined by 18-foot ceilings, a two-story wall of glass, & a sculptural spiral staircase. The open layout flows through the great room, dining, & a chef's kitchen with Wolf, Miele, & Sub-Zero appliances. Floor-to-ceiling glass opens to two private terraces for seamless indoor-outdoor living.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades PK-5 • 2.0 mi
Grades K-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 90% |
| Baths | 5.0 | 2.0 | 90% |
| Square foot | 3,783 | 1,549 | 90% |
| Lot Size | 2,186 | 2,036 | 50% |
| Price | $4.10M | $0 | 90% |
| Price per sq ft | $1.1K | $0 | 90% |
| Built year | 2008 | 2007 | 50% |
| HOA | $3466 | $586 | 90% |
| Days on market | 49 | 2705 | 10% |
Apr 27, 2026
$4,100,000
Initial Listing