8542 E LOCKWOOD Street, Mesa, AZ 85207, Mesa, 85207 - 4 bed, 4 bath
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Mesa, AZ 85207
This Renovated Mountain Bridge Residence is a Strong Value Opportunity, with a List Price of $1,074,999—positioned well below the $1,150,456 Fair Market Value by 6%. This valuation gap provides $75,457 in Instant Equity for the buyer. Featuring a Pristine Condition Rating, the home boasts a renovated modern kitchen, private pool and spa, and access to resort-style community amenities. With proximity to the 9/10 rated Franklin Elementary, it balances luxury lifestyle with financial upside. This is an exceptional find for Owner-Occupants or growing families seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8542 E LOCKWOOD Street Subject | $1,023,999* List Price | 4 | 4 | 2,690 | $364 | - |
A 2319 N TROWBRIDGE Street Sold | $1,240,000 | 4 | 5 | 3,204 | $387 | 0.7 mi |
B 1863 N SHELBY -- Pending | $925,000 List Price | 4 | 4 | 2,568 | $360 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 2014-built home has been extensively renovated within the last few years, featuring a high-end modern kitchen with two-tone cabinetry, quartz countertops, and premium stainless steel appliances. The interior boasts fresh paint, updated wide-plank flooring, contemporary lighting, and modern plumbing fixtures throughout. The property is in pristine, move-in-ready condition with no signs of deferred maintenance and includes a luxury backyard with a pool and spa.
Elementary School: Franklin Elementary School (9/10).
The home features a beautifully renovated kitchen, fresh interior paint, and updated lighting and plumbing fixtures, offering a contemporary, move-in-ready experience for discerning buyers.
The property includes a private pool and spa, providing a luxurious outdoor retreat that is essential for Arizona living and high-end entertaining.
The association fee is listed at $697, which represents a significant recurring carrying cost that may impact the budget of some prospective buyers.
Despite the luxury price point, the primary assigned public schools carry average ratings (ranging from 5 to 6), which may be a drawback for families prioritizing top-tier education.
Stunning, upgraded 4-bed, 3.5-bath home in the highly desirable Mountain Bridge community of Northeast Mesa! With 2,690 sqft, this move-in ready home features a beautifully renovated kitchen, fresh interior paint, updated lighting, and modern plumbing fixtures throughout. The open, airy layout offers spacious living and generous bedrooms, perfect for entertaining or relaxing. Step outside to your private backyard oasis with a pool and spa. Enjoy resort-style community amenities including a clubhouse, pool, fitness center, tennis courts, and scenic trails. Located near top schools, shopping, and dining--this is Arizona living at its best!
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades PK-6 • 1.7 mi
Grades PK-6 • 6.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 58% |
| Baths | 4.0 | 3.0 | 80% |
| Square foot | 2,690 | 2,106 | 68% |
| Lot Size | 9,350 | 8,852 | 51% |
| Price | $1.02M | $344.0K | 94% |
| Price per sq ft | $381 | $235 | 95% |
| Built year | 2014 | 2000 | 90% |
| HOA | $697 | $132 | 99% |
| Days on market | 70 | 2826 | 1% |
Jun 9, 2026
$1,023,999
$1,024,999
+0% Price Increase
Initial Listing
Jun 5, 2026
$1,024,999
$1,033,999
-1% Price Drop
Initial Listing
May 29, 2026
$1,033,999
$1,034,999
+0% Price Increase
Initial Listing
May 18, 2026
$1,034,999
$1,049,999
-1% Price Drop
Initial Listing
May 11, 2026
$1,049,999
$1,059,000
-1% Price Drop
Initial Listing
May 1, 2026
$1,059,000
$1,069,999
-1% Price Drop
Initial Listing
Apr 24, 2026
$1,069,999
$1,074,999
+0% Price Increase
Initial Listing
Apr 5, 2026
$1,074,999
Initial Listing