5421 E CANNON Drive, Paradise Valley, AZ 85253
OFF MARKET

5421 E CANNON Drive
Paradise Valley, AZ 85253

  • 5 Beds
  • 4 Baths
  • 4,169 sqft

$2,307,700

Trulia Estimate
as of Jul 27, 2026
Est. Refi. Payment $12,751/mo*
Refinance Your Home

$2,307,700

Trulia Estimate
as of Jul 27, 2026
Est. Refi. Payment $12,751/mo*
Refinance Your Home
5 Beds
4 Baths
4,169 sqft

Local Information

  • Map ViewExplore the area around 5421 E CANNON Drive.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1992
Living Area
4,169 sqft
Price/Sqft
$554
Parking
Garage
HOA
$28/Monthly

About this House

Welcome to Cannon Drive! Your search for a beautifully updated home in the heart of Paradise Valley ends here. This property underwent a stunning transformation in 2021, reimagined as an elegant transitional-style home featuring a light, bright, and open floor plan. The finishes are impeccable, blending warm wood and stone accents throughout for a timeless yet modern feel.

The main level boasts a spacious great room that seamlessly combines the family room, kitchen, and formal dining area. It also includes an oversized primary suite with a serene ambiance, two guest bedrooms, a stylish hall bathroom, and a moody powder room that adds a touch of sophistication. The lower level offers two additional guest bedrooms, a secondary family room perfect for entertaining or relaxing, and a a well-appointed hall bathroom.

Situated on a generous 10,192-square-foot lot, the outdoor space is as impressive as the interior. The thoughtfully designed yard features a sparkling blue pool, a lush grassy area, and a built-in BBQ for hosting memorable gatherings. With over 4,100 square feet of living space, a coveted Paradise Valley mailing address, and placement within the highly desirable 3 C's school district, this home truly has it all!
5421 E CANNON Drive, Paradise Valley, AZ 85253 is a 5 bedroom, 4 bathroom, 4,169 sqft single-family home built in 1992. It last sold for $2,350,000 on Jan 9, 2025 (2% below the $2,399,000 asking price). More recently, it was listed as a rental in November 2023 with an asking price of $13,000 per month. That rental listing was removed on January 8, 2024. It is currently off market. The Trulia Estimate is $2,307,700, with a rent estimate of $7,520/month.

Home Details for 5421 E CANNON Drive

Interior Features

Interior Details
Basement: Finished
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4
Dimensions and Layout
Living Area: 4169 Square Feet
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Fireplace & Spa
Spa: None
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Tile, Wood
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Tile, Wood

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: CoveredFencing: BlockExterior: Built-in BarbecueHas a Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageParking Spaces: 3Parking: Garage Door Opener,Direct Access
Pool
Pool
Frontage
Responsible for Road Maintenance: City Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 27

Property Information

Year Built
Year Built: 1992
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary,Santa Barbara/Tuscan
Building
Construction Materials: Stucco, Wood Frame, PaintedNot Attached Property
Property Information
Parcel Number: 16805185

Price & Status

Price
List Price: $2,399,000
Status Change & Dates
Off Market Date: Mon Jan 06 2025Possession Timing: Close Of Escrow, By Agreement

Active Status

MLS Status: Closed

Location

Direction & Address
City: Paradise ValleyCommunity: PROMONTORY LOT 81-168 TR A-C
School Information
Elementary School: Cherokee Elementary SchoolElementary School District: Scottsdale Unified DistrictJr High / Middle School: Cocopah Middle SchoolHigh School: Chaparral High SchoolHigh School District: Scottsdale Unified District

Building

Building Area
Building Area: 4169 Square Feet

HOA

HOA Fee Includes: Maintenance GroundsHOA Name: Promontory HOAHOA Phone: 602-437-4777Has an HOAHOA Fee: $330/Annually

Lot Information

Lot Area: 10192 sqft

Offer

Listing Terms: Cash

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 6792700
Last check for updates: about 5 hours ago
Listed by Catherine Lewis, (480) 249-2324
Russ Lyon Sotheby's International Realty
Joshua M Shaver, (602) 770-4773
Russ Lyon Sotheby's International Realty
Bought with: Jonathan Michael Leaman, (602) 750-4285, America One Luxury Real Estate
Co-Buyer's Agent: Hayley Jamison, (480) 280-1087, America One Luxury Real Estate
Source: ARMLS, MLS#6792700
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Price History for 5421 E CANNON Drive

DatePriceEventSource
01/09/2025$2,350,000Sold
ARMLS #6792700
01/07/2025$2,399,000PendingARMLS #6792700
12/10/2024$2,399,000Listed For SaleARMLS #6792700
01/08/2024ListingRemovedARMLS #6626433
12/15/2023$2,590,000ListingRemovedARMLS #6622824
11/03/2023$13,000Listed For RentARMLS #6626433
10/26/2023$2,590,000Listed For SaleARMLS #6622824
12/29/2021$2,250,000Sold
ARMLS #6320056
12/09/2021$2,295,000PendingARMLS #6320056
12/01/2021$2,295,000ContingentARMLS #6320056
11/16/2021$2,295,000Listed For SaleARMLS #6320056
04/30/2021$1,300,000Sold
N/A
04/21/2021$1,325,000PendingARMLS #6197855
02/27/2021$1,325,000Listed For SaleARMLS #6197855
06/30/1999$492,300Sold
N/A
12/06/1996$375,000Sold
N/A

Market trends in Paradise Valley

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$3.44M
$244KMoM
Sale-to-List Price
—
Price per sq ft
$815
$19MoM
Available listings
178
15MoM
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Property Tax and Assessment

Year2025
Tax$5,002
Assessment$1,243,700
Home facts updated by county records

Comparable Sales for 5421 E CANNON Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
10228 N 55th Place, Paradise Valley, AZ
0.11
Single-Family Home
$2,575,000
05/15/26
5
3
4,169
5507 E SHEA Boulevard, Scottsdale, AZ
0.09
Single-Family Home
$1,350,000
03/20/26
5
3.5
4,169
10015 N 55TH Street, Paradise Valley, AZ
0.19
Single-Family Home
$1,780,000
12/19/25
4
3
3,766
5542 E ALAN Lane, Paradise Valley, AZ
0.18
Single-Family Home
$2,750,000
08/12/25
3
3.5
3,145
5532 E TURQUOISE Avenue, Paradise Valley, AZ
0.34
Single-Family Home
$2,050,000
09/23/25
4
4
3,477
5419 E Sahuaro Drive, Scottsdale, AZ
0.17
Single-Family Home
$2,400,000
06/25/26
6
5
4,149
5555 E TURQUOISE Avenue, Paradise Valley, AZ
0.41
Single-Family Home
$2,050,000
07/01/26
4
4.5
3,739
5538 E TURQUOISE Avenue, Paradise Valley, AZ
0.32
Single-Family Home
$1,750,000
08/14/25
4
3
3,507
5429 E SAHUARO Drive, Scottsdale, AZ
0.17
Single-Family Home
$1,650,000
02/20/26
5
3
2,774
9814 N 53RD Place, Paradise Valley, AZ
0.39
Single-Family Home
$2,500,000
04/29/26
4
4
4,051

Nearby homes

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Assigned Schools

These are the assigned schools for 5421 E CANNON Drive.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Paradise Valley

At least 93 Trulia users voted on each feature.

  • 93 % Say car is needed

  • 90 % Say it's quiet

  • 87 % Say it's dog friendly

  • 84 % Say parking is easy

  • 73 % Say yards are well-kept

  • 72 % Say there's holiday spirit

  • 70 % Say there's wildlife

  • 68 % Say they plan to stay for at least 5 years

  • 66 % Say people would walk alone at night

  • 47 % Say there are sidewalks

  • 44 % Say it's walkable to restaurants

  • 44 % Say neighbors are friendly

  • 36 % Say it's walkable to grocery stores

  • 33 % Say streets are well-lit

  • 28 % Say there are community events

  • 22 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Mnpiasec
    "Hiking! Camelback mountain. Everyone is very active and friendly . Always walking their dogs around here or checking in on others. "
    0
    Flag
  • Aw
    "Large spacious lots, great location in city, great shopping, restaurants, and friendly community. Can’t beat it!"
    0
    Flag
  • Terry A.
    "Definitely need a car for even the most basic errand. That said, great location to the 51, we are 15 mins to the airport. Paradise Valley is nestled between Phoenix and Scottsdale "
    0
    Flag
  • Terry A.
    "Safe, quiet neighborhoods. Mixed households of working professionals, retired and young families. Have to drive to public parks and playgrounds. Houses on acre lots so that makes it more challenging to engage with your neighbors. "
    0
    Flag
  • Ann
    "Well taken care of yards. Gated and safe. . Beautiful homes with HOAs and a strong city to make sure they stay that wary. "
    0
    Flag
  • Ann
    "Beautiful, well cared for properties. Pride of ownership shows in every home. Most homes sit on an acre or more and most are gated. "
    1
    Flag
  • chanegw
    "Paradise Valley is ideally located in the Phoenix valley. Close to shopping, the airport, downtown, Scottsdale activities, but free from traffic, and unwanted commercial activity. Great schools, golf, and recreational activities."
    0
    Flag
  • philsperfect
    "I live on Lincoln Drive. Its great for commuting to work (Sky Harbor & Scottsdale). Shopping and nightlife, bars / restaurants are excellent and all within 10-15 mins drive. Truly exceptional area and all with great views."
    0
    Flag
  • Gjjams
    "Wonderful neighborhood, good view, great schools."
    0
    Flag
  • Neal W. S.
    "I enjoy living in the Laplace area of Paradise Valley because it is clean, safe, flat which is great for taking walks, only 5 minutes to freeways, shopping, entertainment, recreation, and very quiet and private area. Everyone takes "pride" in their homes. I have been here for 10 years. "
    4
    Flag
  • Debra S.
    "I was raised in this area and still live close by...for 61 years. This are is by far THE BEST in every single term and way. "
    0
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Apartments for Rent

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Explore by feature - Pet Friendly

Explore by feature - Garage

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Explore by feature - Pool

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Explore by feature - Outdoor Space

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Homes for sale near 5421 E CANNON Drive

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Off Market Homes Near 5421 E CANNON Drive

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