140 E Rio Salado Parkway #1201, Tempe, AZ 85281

Local realty services provided by:ERA Brokers Consolidated
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

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Home facts

  • Year built:2008
  • Listing ID #:6979653
  • Updated:February 13, 2026 at 09:18 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)
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.