5050 E PARADISE Drive, Scottsdale, AZ 85254, Scottsdale AZ 85254
Tremendous opportunity to own a 1/3 acre lot in 85254! 14,106 SQFT Lot with NO HOA! ** 5.99% ** Seller Financing Available! This charming piece of Paradise appeals to a buyer looking for a turn-key upgraded home - or an investor looking to add substantial square footage. 14,106 SQFT Lot with NO HOA! Seller owns a mortgage company and will handle directly. Ideal scenario for Self Employed buyers unable to obtain Conventional or Bank Statement Financing.
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 Scottsdale
This property is offered at $526 per square foot, compared with a $438 median for active 4-bedroom homes in Scottsdale. Its asking price falls near the 52nd percentile of that active group. The comparison uses 907 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 $954,750, and the median is $444 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 |
|---|---|---|---|---|
| 5119 E SHAW BUTTE Drive, Scottsdale, AZ 85254 | Jul 7, 2026 | 4 bd · 1,890 sqft | $799,999 | 0.1 mi |
| 5101 E Laurel Lane, Scottsdale, AZ 85254 | May 21, 2026 | 5 bd · 3,267 sqft | $2,235,000 | 0.1 mi |
| 5140 E LAUREL Lane, Scottsdale, AZ 85254 | May 22, 2026 | 4 bd · 1,962 sqft | $850,000 | 0.1 mi |
| 4949 E Shaw Butte Drive, Scottsdale, AZ 85254 | May 28, 2026 | 3 bd · 2,613 sqft | $756,800 | 0.1 mi |
| 5034 E WETHERSFIELD Road, Scottsdale, AZ 85254 | Oct 1, 2026 | 4 bd · 2,131 sqft | $1,000,000 | 0.2 mi |
| 5040 E SUNNYSIDE Drive, Scottsdale, AZ 85254 | Jun 30, 2026 | 4 bd · 2,000 sqft | $909,500 | 0.2 mi |
| 5116 E WETHERSFIELD Road, Scottsdale, AZ 85254 | May 18, 2026 | 4 bd · 2,473 sqft | $1,045,000 | 0.2 mi |
| 5108 E CHARTER OAK Road, Scottsdale, AZ 85254 | Oct 1, 2026 | 4 bd · 2,777 sqft | $1,445,000 | 0.2 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.
- $1,150,000 · Active
Continue comparing
Similar active homes in Scottsdale
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 Scottsdale homes for sale · See the Scottsdale market report