THE BEST HILLSIDE LOT OPPORTUNITY IN PARADISE VALLEY! RARE 1.5-ACRE LOT. SPECTACULAR VIEWS OF CAMELBACK, MUMMY, & MCDOWELL MOUNTAINS! Unique opportunity to create an extraordinary custom luxury home in one of Arizona's most prestigious communities. An exceptional setting for a new architectural masterpiece. An existing 3,800 sq. ft. residence provides the option to renovate or remove the home and build new. Whether building a distinctive custom residence or reimagining the existing home, the possibilities are compelling. Extraordinary patio views looking South, East and North. Extensive parki
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 grouped with the current 3-bedroom homes in Paradise Valley. Its asking price falls near the 73rd percentile of that active group. The comparison uses 43 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 27 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 $5,377,000, and the median is $961 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 |
|---|---|---|---|---|
| 4836 E MOONLIGHT Way, Paradise Valley, AZ 85253 | Aug 27, 2026 | 5 bd · 3,165 sqft | $2,585,000 | 0.1 mi |
| 7816 N 47TH Street, Paradise Valley, AZ 85253 | Aug 6, 2026 | 4 bd · 5,841 sqft | $2,750,000 | 0.2 mi |
| 5029 E DESERT PARK Lane, Paradise Valley, AZ 85253 | May 15, 2026 | 6 bd · 8,403 sqft | $12,940,000 | 0.3 mi |
| 4540 E MOONLIGHT Way, Paradise Valley, AZ 85253 | Jun 24, 2026 | 4 bd · 5,014 sqft | $7,000,000 | 0.4 mi |
| 7547 N LAKESIDE Lane, Paradise Valley, AZ 85253 | May 11, 2026 | 3 bd · 2,787 sqft | $2,995,000 | 0.4 mi |
| 4630 E CLEARWATER Parkway, Paradise Valley, AZ 85253 | Jul 30, 2026 | 5 bd · 4,602 sqft | $3,900,000 | 0.4 mi |
| 4536 E FOOTHILL Drive, Paradise Valley, AZ 85253 | Jul 9, 2026 | 5 bd · 8,604 sqft | $6,854,000 | 0.4 mi |
| 7540 N LAKESIDE Lane, Paradise Valley, AZ 85253 | Jul 10, 2026 | 5 bd · 6,932 sqft | $8,100,000 | 0.4 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