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8540 E MCDOWELL Road #122, Mesa, AZ, 85207

4beds
4baths
3,827sqft
$1,175,000
$307price/sqft
$7,031/moest. monthly cost
$281,240/yrincome needed

About This Home

Located in the highly sought-after community of Thunder Mountain Estates, this Hacienda-Style custom estate sits on a rare corner lot nearly an acre in size! Park in the massive 4-car garage or 2 driveways. This home features 4 bedrooms, including two HUGE primary & guest suites. Standing tall, this home showcases oversized windows, 8' solid wood doors, soaring 14'ceilings, and Saltillo tile throughout. 6 exterior doors & 4 porches provide quick access to anywhere on the grounds, including a view deck for unforgettable sunsets & panoramic views of the mountains and valley. Enjoy the Pebble Tec pool (walled for privacy) on those hot Az summer days. This home offers worry-free living with new roofs, fresh interior/exterior paint, & landscaping/ irrigation all redone in 2024.

Getting Around

1
WalkingCar-Dependent
0
TransitNo Nearby Transit
29
BikeSomewhat Bikeable

Schools

9/10
5/10
7/10
Red Mountain High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1998

Materials

  • Roof: Tile,Foam
  • Construction materials: Stucco,Wood Frame,Painted

Type & Style

  • Home type: SingleFamily
  • Architectural style: Territorial/Santa Fe
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Refrigerator,Built-in Microwave,Dishwasher,Disposal,Induction Cooktop,Water Softener Rented
  • Laundry features: Inside

Bedrooms & Bathrooms

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

Features

  • Pantry,High Speed Internet,Granite Counters,Double Vanity,Eat-in Kitchen,Breakfast Bar,9+ Flat Ceilings,Central Vacuum,No Interior Steps,Kitchen Island,Full Bth Master Bdrm,Separate Shwr & Tub
  • Window features: Solar Screens,Double Pane Windows
  • Flooring: Tile
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Ceiling Fan(s),Programmable Thmstat

Interior Area

  • Total structure area: 3,827
  • Total interior livable area: 3,827 sqft

Property

Details

  • Parcel number: 21924132
  • Special condition: Owner/Agent

Features

  • Stories: 1
  • Private pool: Yes
  • Pool features: Play Pool
  • Patio & porch: Covered,Patio
  • Exterior features: Private Yard,Storage
  • Spa features: None,Bath
  • Fencing: Block
  • Has view: Yes
  • View description: Desert,City Lights,Mountain(s)

Lot

  • Lot size: 1.00 Acres
  • Features: Sprinklers In Rear,Sprinklers In Front,Corner Lot,Desert Back,Desert Front,Natural Desert Back,Auto Timer H2O Front,Natural Desert Front,Auto Timer H2O Back

Parking

  • Total spaces: 10
  • Parking features: Attached,Garage Door Opener,Extended Length Garage,Direct Access,Circular Driveway,Attch'd Gar Cabinets,Over Height Garage,Storage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6

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 WaveRelatively High
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Heat Wave
Wildfire

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 $5,941$71,292
Home Insurance $255$3,060
Property Taxes $430$5,160
Electricity $405$4,863
Total$7,031$84,372

Income You'd Need if You Spent...

35% on housing$241,062/yr
40% on housing$210,930/yr
45% on housing$187,493/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

$307This listing

vs Other Active Listings

Avg $/sqft

ZIP 85207$213
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85207$297
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
2026-04-29Price change$1,220,000
2026-04-01Listed for sale$1,265,000
2026-03-13Pending sale$1,265,000
2026-03-12Listed for sale$1,265,000
2023-12-19Sold$1,040,000
2023-10-19Pending sale$1,100,000
2023-09-30Listed for sale$1,100,000
2003-11-14Sold$530,000
1999-04-07Sold$401,000
1997-10-03Sold$73,500

For Sale by Agent

AgentPaul Newcomb
BrokerageDPR Realty LLC

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