Private Hillside Estate with Panoramic Mummy Mountain & City Light Views! Perched atop prestigious Cheney Drive, this custom-designed estate commands a premier hillside setting with sweeping views of Mummy Mountain to the west and sparkling city lights to the east. The 6,772-square-foot main residence offers four bedrooms, five baths, a dedicated office and meditation room (which can be converted back into a bedroom), with a thoughtfully designed floor plan that captures the surrounding views through expansive windows and long sightlines. Crafted by Ram Development, the home showcases di
CloseDaily local analysis
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
This property is offered at $717 per square foot, compared with a $839 median for active 4-bedroom homes in Paradise Valley. Its asking price falls near the 75th percentile of that active group. The comparison uses 66 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
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 $2,375,000, and the median is $852 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 |
|---|---|---|---|---|
| 5744 E CHENEY Drive 17, Paradise Valley, AZ 85253 | Jul 6, 2026 | — | $550,000 | 0.3 mi |
| 5701 E CHENEY Drive 29, Paradise Valley, AZ 85253 | May 28, 2026 | — | $550,000 | 0.3 mi |
| 5680 E CHENEY Drive 13, Paradise Valley, AZ 85253 | Jun 9, 2026 | — | $550,000 | 0.3 mi |
| 6230 E CHENEY Drive, Paradise Valley, AZ 85253 | Aug 21, 2026 | 4 bd · 6,495 sqft | $5,600,000 | 0.4 mi |
| 5826 E INDIAN BEND Road, Paradise Valley, AZ 85253 | Sep 15, 2026 | 5 bd · 5,425 sqft | $18,000 | 0.4 mi |
| 6737 N 60TH Street, Paradise Valley, AZ 85253 | May 28, 2026 | 5 bd · 4,990 sqft | $4,200,000 | 0.5 mi |
| 6207 E INDIAN BEND Road, Paradise Valley, AZ 85253 | May 29, 2026 | 4 bd · 7,001 sqft | $6,240,000 | 0.6 mi |
| 6123 E IRONWOOD Drive 11, Paradise Valley, AZ 85253 | May 4, 2026 | — | $5,000,000 | 0.7 mi |
MLS timeline
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.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Paradise Valley homes for sale · See the Paradise Valley market report