This 4-foot square of carpet is woven with intricate stitching and strange runes.
Wondrous Item 125,000 gp
Power (Move Action)
A creature on the carpet can mentally command it to fly 6 squares. The carpet has a maximum altitude of 10 squares. If no rider is upon it, it hovers in place 1 foot above the ground if it is unrolled or sits on the ground if it is rolled up.
The carpet's flight isn't entirely stable; while on the carpet, a rider takes a -2 penalty to AC and Reflex.
The carpet can carry one Medium or Small creature of no more than 300 pounds. If more than 300 pounds are placed on it, the carpet (and all it carries) falls to the ground, and the creature and all objects the carpet was holding take falling damage.
Published in Player's Handbook, page(s) 254, Dungeon Master's Kit, page(s) 269.