8540 E  McDowell Rd, Mesa, AZ 85207
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Property image
OFF MARKET

8540 E McDowell Rd
Mesa, AZ 85207

Thunder Mountain
  • Studio
  • 35,231 sqft (on 0.81 acres)

$1,293,700

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $7,154/mo*

$1,293,700

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $7,154/mo*
Studio
35,231 sqft
(on 0.81 acres)

Local Information

  • Map ViewExplore the area around 8540 E McDowell Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1994
Lot Size
0.81 acres
Living Area
35,231 sqft
Price/Sqft
$37
Parking
Garage

About this House

What a great time to build your dream home. Well priced lot with amazing mountain and city light views. Prime lot that is almost an acre in size. Thunder Mountain is an exclusive gated community with less than 100 custom luxury home lots. It features lighted tennis and volleyball courts as well as picnic ramadas.
8540 E McDowell Rd, Mesa, AZ 85207 is a studio, 35,231 sqft single-family home in Thunder Mountain, built in 1994. It last sold for $197,000 on Apr 12, 2021. More recently, it was listed as a rental in October 2023 with an asking price of $7,000 per month. That rental listing was removed on October 28, 2023. It is currently off market. The Trulia Estimate is $1,293,700, with a rent estimate of $4,867/month.

Home Details for 8540 E McDowell Rd

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: RefrigeratorHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 8

Exterior Features

Exterior Home Features
Roof: OtherExterior: WoodPatio
Pool
Pool
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 1994
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.81 acres

Price History for 8540 E McDowell Rd

DatePriceEventSource
10/28/2023ListingRemovedZillow Rentals
10/28/2023$6,500PriceChange
Zillow Rentals
10/15/2023$7,000Listed For RentZillow Rentals
04/12/2021$197,000Sold
HomeSmart Intl Solds #6114472_85207
06/10/2016$500,000Sold
ARMLS #5381392
04/15/2012$175,000ListingRemovedAgent Provided
01/15/2012$175,000Listed For SaleAgent Provided
11/05/2011$225,000ListingRemovedAgent Provided
05/27/2011$225,000Listed For SaleAgent Provided
06/14/2010$410,000Sold
ARMLS #4323056
01/23/2010$249,000Listed For SaleAgent Provided
12/12/2008$325,000ListingRemovedAgent Provided
08/30/2008$325,000PriceChange
Agent Provided
02/19/2008$390,000Listed For SaleAgent Provided

Market trends in Mesa

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$430K
$1K
MoM
Sale-to-List Price
98.9%
Price per sq ft
$257
$1
MoM
Available listings
1900
106
MoM
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Property Tax and Assessment

Year2025
Tax$4,200
Assessment$861,600
Home facts updated by county records

Comparable Sales for 8540 E McDowell Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.07
Single-Family Home
$1,257,750
09/23/25
5
4
4,591
0.12
Single-Family Home
$1,210,000
06/03/26
3
2.5
3,253
0.18
Single-Family Home
$1,095,000
03/11/26
3
3.5
4,088
0.23
Single-Family Home
$925,000
07/28/26
3
3
4,152
0.16
Single-Family Home
$871,000
11/20/25
4
2.5
2,780
0.33
Single-Family Home
$1,100,000
02/16/26
4
4.5
4,218
0.39
Single-Family Home
$555,000
06/26/26
4
2
2,325
0.29
Single-Family Home
$1,325,000
11/20/25
5
3.5
3,940
0.46
Single-Family Home
$755,000
01/23/26
3
2
2,294
0.53
Single-Family Home
$465,000
06/26/26
3
2,577

Nearby homes

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Assigned Schools

These are the assigned schools for 8540 E McDowell Rd.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 8540 E McDowell Rd

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Off Market Homes Near 8540 E McDowell Rd

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Frequently asked questions about 8540 E McDowell Rd

  • What is 8540 E McDowell Rd estimated to be worth?
    Trulia's estimated value for 8540 E McDowell Rd in Mesa, AZ is $1,293,700.
  • What is the price history for 8540 E McDowell Rd?
    8540 E McDowell Rd in Mesa, AZ last sold for $197,000 in April 2021.
  • Is Mesa a buyer's or seller's market?
    Mesa is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Mesa?
    The median sale price in Mesa is $430K. That is down $1K from the prior month.
  • Does 8540 E McDowell Rd have air conditioning?
    Yes, 8540 E McDowell Rd in Mesa, AZ has air conditioning.
  • Does 8540 E McDowell Rd have a pool?
    Yes, 8540 E McDowell Rd in Mesa, AZ has a pool.