2516 W PRAIANO Way -, Phoenix, AZ 85086, Phoenix AZ 85086
Exceptional 1.13-acre corner hillside lot in gated Ponticello at Tramonto with panoramic mountain and city-light views, offering a rare opportunity to build a luxury multi-level or walk-out custom home in one of North Phoenix's most desirable enclaves of high-end estates. Major development work is already complete, including excavation, hard dig, and retaining wall, with prior city hillside and building permits previously approved--saving valuable time, cost, and uncertainty. Seller's custom home plans and permits are included. All city utilities are on site: water, sewer, natural gas, and und
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 Phoenix
This property is grouped with the current listings without a reported bedroom count in Phoenix. Its asking price falls near the 57th percentile of that active group. The comparison uses 564 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
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 $567,500, and the median is $258 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 |
|---|---|---|---|---|
| 2439 W DONATELLO Drive 16, Phoenix, AZ 85086 | Apr 16, 2026 | 4 bd · 4,747 sqft | $3,050,000 | 0.0 mi |
| 36143 N 24TH Avenue 15, Phoenix, AZ 85086 | Sep 15, 2026 | — | $400,000 | 0.2 mi |
| 2398 W ESPARTERO Way 8, Phoenix, AZ 85086 | Apr 27, 2026 | — | $340,000 | 0.3 mi |
| 35605 N VIA TRAMONTO 10, Phoenix, AZ 85086 | Aug 11, 2026 | — | $398,600 | 0.4 mi |
| 2812 W Cloud Road 4, Phoenix, AZ 85086 | May 18, 2026 | — | $535,000 | 0.4 mi |
| 35511 N VIA TRAMONTO, Phoenix, AZ 85086 | Jun 15, 2026 | 4 bd · 3,361 sqft | $975,000 | 0.4 mi |
| 2617 W Via Vista Drive, Phoenix, AZ 85086 | Jul 24, 2026 | 5 bd · 3,628 sqft | $799,900 | 0.4 mi |
| 2605 W FLORIMOND Road, Phoenix, AZ 85086 | Apr 30, 2026 | 4 bd · 2,647 sqft | $600,000 | 0.6 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.
- $450,000 · Active
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Similar active homes in Phoenix
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