8540 E McDowell Rd
Mesa, AZ 85207
Thunder Mountain- Studio
- 35,231 sqft (on 0.81 acres)
Studio
35,231 sqft
(on 0.81 acres)
Local Information
-- mins to
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
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Heating & Cooling Heating: OtherAir ConditioningCooling System: RefrigeratorHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 8 |
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Exterior Home Features Roof: OtherExterior: WoodPatio |
Pool Pool |
Parking & Garage GarageParking Spaces: 3Parking: Garage Attached |
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Year Built Year Built: 1994 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 0.81 acres |
Price History for 8540 E McDowell Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 10/28/2023 | ListingRemoved | Zillow Rentals | |
| 10/28/2023 | $6,500 | PriceChange | Zillow Rentals |
| 10/15/2023 | $7,000 | Listed For Rent | Zillow Rentals |
| 04/12/2021 | $197,000 | Sold | HomeSmart Intl Solds #6114472_85207 |
| 06/10/2016 | $500,000 | Sold | ARMLS #5381392 |
| 04/15/2012 | $175,000 | ListingRemoved | Agent Provided |
| 01/15/2012 | $175,000 | Listed For Sale | Agent Provided |
| 11/05/2011 | $225,000 | ListingRemoved | Agent Provided |
| 05/27/2011 | $225,000 | Listed For Sale | Agent Provided |
| 06/14/2010 | $410,000 | Sold | ARMLS #4323056 |
| 01/23/2010 | $249,000 | Listed For Sale | Agent Provided |
| 12/12/2008 | $325,000 | ListingRemoved | Agent Provided |
| 08/30/2008 | $325,000 | PriceChange | Agent Provided |
| 02/19/2008 | $390,000 | Listed For Sale | Agent Provided |
Market trends in Mesa
Last updated June 2026
Avg. sale price
$430K
$1KMoM
Sale-to-List Price
98.9%
Price per sq ft
$257
$1MoM
Available listings
1900
106MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 8540 E McDowell Rd.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 8540 E McDowell Rd
Off Market Homes Near 8540 E McDowell Rd
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.

