5510 E CANNON Drive, Paradise Valley, AZ 85253, Paradise Valley AZ 85253
Welcome to the sought-after community of Promontory--one of the best values in Paradise Valley! Situated on a generous interior lot with desirable north/south exposure, this four-bedroom, 2.5-bath home offers privacy, comfort, & gracious living. The bright, open floor plan features vaulted ceilings & abundant windows, making it ideal for everyday living, working from home, & entertaining. The spacious kitchen includes quartz countertops, stainless steel appliances, significant storage & a new electric range. The oversized primary suite features an exceptionally large walk-in closet and a well-
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Paradise Valley
This property is offered at $513 per square foot, compared with a $847 median for active 4-bedroom homes in Paradise Valley. Its asking price falls near the 34th percentile of that active group. The comparison uses 65 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $2,275,000, and the median is $570 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 10228 N 55th Place, Paradise Valley, AZ 85253 | May 15, 2026 | 5 bd · 4,169 sqft | $2,575,000 | 0.1 mi |
| 5535 E Beryl Avenue, Paradise Valley, AZ 85253 | Aug 28, 2026 | 3 bd · 3,107 sqft | $2,800,000 | 0.2 mi |
| 5543 E BERYL Avenue, Paradise Valley, AZ 85253 | Sep 5, 2026 | 3 bd · 2,985 sqft | $10,750 | 0.2 mi |
| 5555 E TURQUOISE Avenue, Paradise Valley, AZ 85253 | Jul 1, 2026 | 4 bd · 3,739 sqft | $2,050,000 | 0.4 mi |
| 9917 N 52nd, Paradise Valley, AZ 85253 | Apr 15, 2026 | 5 bd · 5,200 sqft | $17,000 | 0.4 mi |
| 9814 N 53RD Place, Paradise Valley, AZ 85253 | Apr 29, 2026 | 4 bd · 4,051 sqft | $2,500,000 | 0.4 mi |
| 5129 E BERYL Avenue, Paradise Valley, AZ 85253 | Sep 15, 2026 | 6 bd · 7,225 sqft | $3,250,000 | 0.5 mi |
| 5924 E NORTH Lane, Paradise Valley, AZ 85253 | Aug 14, 2026 | 4 bd · 2,167 sqft | $1,282,000 | 0.5 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $1,450,000 · Pending
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Similar active homes in Paradise Valley
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View all Paradise Valley homes for sale · See the Paradise Valley market report