5434 E CANNON Drive, Paradise Valley, AZ 85253
Property image
Property image
OFF MARKET

$1,555,900

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,824 sqft

5434 E CANNON Drive, Paradise Valley, AZ 85253

Est. Refi. Payment $8,713/mo*
Refinance Your Home
Currently Off Market - Sold Sep 13, 2024 for $1,450,000

Home Value

Trulia Estimate
$1.56M
Since last month
Increased$3K (+0.2%)
Since last year
Increased$155K (+11%)
Since last sale
Increased$114K (+7.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +147% in the last 10 years
MonthEstimated value
2026
August 2026$1.56M
August 2026$1.56M
July 2026$1.56M
June 2026$1.56M
May 2026$1.53M
April 2026$1.47M
March 2026$1.43M
February 2026$1.41M
January 2026$1.41M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5507 E SHEA Boulevard, Scottsdale, AZ
0.04
Single-Family Home
$1,350,000
03/20/26
5
3.5
4,169
10015 N 55TH Street, Paradise Valley, AZ
0.23
Single-Family Home
$1,780,000
12/19/25
4
3
3,766
10228 N 55th Place, Paradise Valley, AZ
0.12
Single-Family Home
$2,575,000
05/15/26
5
3
4,169
5429 E SAHUARO Drive, Scottsdale, AZ
0.13
Single-Family Home
$1,650,000
02/20/26
5
3
2,774
5535 E Beryl Avenue, Paradise Valley, AZ
0.21
Single-Family Home
$2,800,000
08/28/26
3
3.5
3,107
10805 N 55TH Street, Scottsdale, AZ
0.16
Single-Family Home
$1,800,000
04/20/26
4
3
3,097
5532 E TURQUOISE Avenue, Paradise Valley, AZ
0.36
Single-Family Home
$2,050,000
09/23/25
4
4
3,477
5401 E SAHUARO Drive, Scottsdale, AZ
0.15
Single-Family Home
$1,325,000
07/28/26
3
3
2,200
10201 N 58TH Place, Paradise Valley, AZ
0.57
Single-Family Home
$1,450,000
05/15/26
3
2.5
2,867
11047 N 50TH Street, Scottsdale, AZ
0.63
Single-Family Home
$1,350,000
02/19/26
4
3
2,876

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5431 E SHEA Boulevard, Scottsdale, AZ 85254
0.02
$852,200
4
3
2,824
Off Market
5507 E SHEA Boulevard, Scottsdale, AZ 85254
0.04
$1,350,000
5
3.5
4,169
Recently Sold
5421 E CANNON Drive, Paradise Valley, AZ 85253
0.05
$2,358,000
5
4
4,169
Off Market
5430 E Shea Boulevard, Scottsdale, AZ 85254
0.09
$1,821,600
4
4
3,354
Off Market
10401 N 55TH Place, Paradise Valley, AZ 85253
0.10
$1,828,900
4
3
2,996
Off Market
5530 E SHEA Boulevard, Scottsdale, AZ 85254
0.11
$1,757,000
4
3
3,617
Off Market
5403 E CANNON Drive, Paradise Valley, AZ 85253
0.09
$1,208,800
4
3
2,824
Off Market
10235 N 55TH Place, Paradise Valley, AZ 85253
0.12
$1,787,100
5
4
4,169
Off Market
10228 N 55th Place, Paradise Valley, AZ 85253
0.12
$2,575,000
5
3
4,169
Recently Sold
5540 E Shea Boulevard, Scottsdale, AZ 85254
0.13
$1,662,400
5
4
4,706
Off Market
5335 E SHEA Boulevard #1115, Scottsdale, AZ 85254
0.11
$295,600
1
1
779
Off Market

Local Information

  • Map ViewExplore the area around 5434 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
2,824 sqft
Price/Sqft
$551
Parking
Garage
HOA
$28/Monthly

About this House

Welcome to Cannon Drive! Nestled in the meticulously maintained Promontory community within Paradise Valley, this idyllic 4-bedroom home is situated on a peaceful street. The property has been lovingly maintained and enhanced by its current owners, featuring new flooring and a tranquil backyard oasis. The updated backyard boasts an inviting jacuzzi that cascades into a sparkling blue pool. Adjacent to the pool, you'll find a spacious lawn area and a covered pergola equipped with an outdoor kitchen, perfect for entertaining.

Inside, the home offers multiple living spaces, including two great rooms—one formal at the front of the property and one informal at the rear. Down a private hallway, you'll discover three generously sized guest bedrooms and the perfect primary suite. Promontory is located in one of the most desirable areas in town. Just off Shea Blvd, you're minutes away from exceptional shopping and dining in both Scottsdale and Phoenix. Additionally, you are near all the new developments at Paradise Valley Mall. The community is also part of the highly desirable 3 C's School District, which includes Cherokee, Cocopah, and Chaparral schools.

Make this your dream home in Paradise Valley!
5434 E CANNON Drive, Paradise Valley, AZ 85253 is a 4 bedroom, 3 bathroom, 2,824 sqft single-family home built in 1992. It last sold for $1,450,000 on Sep 13, 2024 (3% below the $1,490,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,555,900, with a rent estimate of $6,032/month.
Last check for updates: about 12 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: Caitlin Bronsky, (480) 684-0800, eXp Realty
Source: ARMLS, MLS#6705229
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 5434 E CANNON Drive

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2824 Square Feet
Appliances & Utilities
Appliances: Electric Cooktop
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
Fireplace: Family RoomSpa: PrivateHas a FireplaceHas a Spa
Windows, Doors, Floors & Walls
Flooring: Carpet, Stone, Tile
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Carpet, Stone, Tile

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: Covered, PatioFencing: BlockOther Structures: GazeboExterior: 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
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 113

Property Information

Year Built
Year Built: 1992
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Santa Barbara/Tuscan
Building
Construction Materials: Stucco, Wood Frame, PaintedNot Attached Property
Property Information
Parcel Number: 16805194

Price & Status

Price
List Price: $1,490,000
Status Change & Dates
Off Market Date: Wed Sep 11 2024Possession 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: 2824 Square Feet

HOA

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

Lot Information

Lot Area: 10165 sqft

Offer

Listing Terms: Cash, Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6705229

Price and Tax history

DateEventPrice
Jan 16, 2025
Source: ARMLS #6518997
ListingRemoved
$1,485,000
Sep 13, 2024
Source: ARMLS #6705229
Sold
$1,450,000
Sep 4, 2024
Source: ARMLS #6705229
Pending
$1,490,000
Jul 29, 2024
Source: ARMLS #6705229
PriceChange
$1,490,000
Price decreased by 0%
May 15, 2024
Source: ARMLS #6705229
Listed For Sale
$1,495,000

Market trends in Paradise Valley

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$3.42M
$17.45KMoM
Sale-to-List Price
95.4%
0.2%MoM
Price per sq ft
$823
$7MoM
Available listings
135
43MoM

Around this home

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
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5434 E CANNON Drive

  • What is 5434 E CANNON Drive estimated to be worth?
    Trulia's estimated value for 5434 E CANNON Drive in Paradise Valley, AZ is $1,555,900.
  • What is the price history for 5434 E CANNON Drive?
    5434 E CANNON Drive in Paradise Valley, AZ last sold for $1,450,000 in September 2024.
  • Is Paradise Valley a buyer's or seller's market?
    Paradise Valley is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Paradise Valley?
    The median sale price in Paradise Valley is $3.42M. That is down $17.45K from the prior month.
  • Does 5434 E CANNON Drive have air conditioning?
    Yes, 5434 E CANNON Drive in Paradise Valley, AZ has air conditioning.
  • Does 5434 E CANNON Drive have a pool?
    Yes, 5434 E CANNON Drive in Paradise Valley, AZ has a pool.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Outdoor Space

11 rentals with an outdoor space in Paradise Valley, AZ

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