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140 E RIO SALADO Parkway #1205, Tempe, AZ, 85281

3beds
4baths
5,186sqft
$4,595,000
$886price/sqft
$26,791/moest. monthly cost
$1,071,640/yrincome needed

About This Home

Soar where the eagles fly--atop Tempe Town Lake's most exclusive residence, Bridgeview Condominiums. Spacious 12th-floor penthouse redefines Arizona luxury with 5,186 sq ft of sophisticated design and breathtaking lake, mountain, and skyline views. Three ensuite retreats, a chef's kitchen with Sub-Zero, Wolf & Miele appliances, and expansive private terraces create the ultimate indoor-outdoor lifestyle. Every detail reflects refined craftsmanship, privacy, and prestige unmatched anywhere in the Valley--even Scottsdale. Enjoy a private elevator, spa, and the some of the largest patios in the building ideal for relaxing or entertaining under the stars. Built with premium glass, steel, and Triple-Pane windows for quiet comfort. Includes three gated parking spaces Enjoy a private elevator, spa, and the some of the largest patios in the buildingideal for relaxing or entertaining under the stars. Built with premium glass, steel, and Triple-Pane windows for quiet comfort. Includes three gated parking spaces and climate-controlled storage. Bridgeview residents enjoy a heated pool, spa, gym, sauna, media lounge, and BBQs + 24 Hr. Desk Service. Steps from Mill Ave, ASU Gammage, and Tempe Center for the ArtsEIGHT New Restaurants...offering the best of luxury urban living in Arizona.

Getting Around

56
WalkingSomewhat Walkable
68
TransitGood Transit
88
BikeVery Bikeable

Schools

4/10
Cecil Shamley SchoolGrades PK-81.4 mi
5/10
Tempe High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 2008

Materials

  • Roof: Metal
  • Construction materials: Steel Frame,Stone

Other

  • Builder name: SunCor

Type & Style

  • Home type: Apartment
  • Architectural style: Contemporary
  • Property subType: Apartment

Interior

Appliances

  • Appliances included: Refrigerator,Built-in Microwave,Dishwasher,Disposal,Gas Range,Gas Oven,Gas Cooktop
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • High Speed Internet,Granite Counters,Double Vanity,Master Downstairs,Upstairs,Eat-in Kitchen,Breakfast Bar,Elevator,Kitchen Island,2 Master Baths,Bidet,Full Bth Master Bdrm,Separate Shwr & Tub
  • Window features: Tinted Windows,Triple Pane Windows
  • Flooring: Stone,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: See Remarks
  • Cooling features: Central Air,Programmable Thmstat

Interior Area

  • Total structure area: 5,186
  • Total interior livable area: 5,186 sqft

Property

Details

  • Parcel number: 13220177
  • Attached to another structure: Yes

Features

  • Stories: 12
  • Exterior features: Balcony
  • Has spa: Yes
  • Spa features: Above Ground,Private
  • Fencing: Wrought Iron
  • Has view: Yes
  • View description: City Lights,Mountain(s)
  • On waterfront: Yes
  • Waterfront features: Waterfront

Lot

  • Lot size: 3,976 sqft
  • Features: None,North/South Exposure,Waterfront

Parking

  • Total spaces: 3
  • Parking features: Gated,Storage,Assigned,Community Structure
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingVery High
  • Hail
    HailModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $23,234$278,808
Home Insurance $1,324$15,888
Property Taxes $1,684$20,208
Electricity $549$6,590
Total$26,791$321,492

Income You'd Need if You Spent...

35% on housing$918,548/yr
40% on housing$803,730/yr
45% on housing$714,426/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$886This listing

vs Other Active Listings

Avg $/sqft

ZIP 85281$230
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85281$333
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-04Price change$4,595,000
2025-10-17Listed for sale$4,625,000
2025-06-21Listing removed$4,625,000
2025-01-25Listed for sale$4,625,000
2024-10-02Listing removed$4,500,000
2024-08-18Listed for sale$4,500,000
2017-12-15Sold$2,200,500
2017-09-27Listed for sale$2,490,000
2017-06-19Listing removed$2,560,000
2016-12-01Listed for sale$2,560,000
2015-10-20Sold$1,720,000
2012-03-06Sold$1,500,000

For Sale by Agent

AgentLaura Clounch
BrokerageBridgeview Condominiums at Tempe Town Lake

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