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!
Sold for $2,350,000
Street View
$2,350,000
5421 E CANNON Drive, Paradise Valley, AZ 85253
5beds
4baths
4,169sqft
Single Family Residence
Built in 1992
10,192 Square Feet Lot
$2,295,000 Zestimate®
$564/sqft
$7,520 Estimated rent
Home value
$2,295,000
$2.09M - $2.52M
$7,520/mo
Zestimate® history
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$11,068/mo
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List your homeWhat's special
Sparkling blue poolBeautifully updated homeOversized primary suiteLush grassy areaStylish hall bathroomElegant transitional-style homeBuilt-in bbq
Zillow last checked:
Listing updated:
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, SA648438000
America One Luxury Real Estate
Hayley Jamison, SA666580000
America One Luxury Real Estate
Source: ARMLS,MLS#: 6792700
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Electric
Cooling
- Central Air
Features
- High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Tile, Wood
- Windows: Double Pane Windows
- Basement: Finished
Interior area
- Total structure area: 4,169
- Total interior livable area: 4,169 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener, Direct Access
- Garage spaces: 3
Features
- Stories: 1
- Patio & porch: Covered
- Exterior features: Built-in Barbecue
- Has private pool: Yes
- Spa features: None
- Fencing: Block
Lot
- Size: 10,192 Square Feet
- Features: Sprinklers In Rear, Desert Back, Desert Front, Grass Back, Auto Timer H2O Back
Details
- Parcel number: 16805185
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Santa Barbara/Tuscan
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile
Condition
- Year built: 1992
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Subdivision: PROMONTORY LOT 81-168 TR A-C
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $330 annually
- HOA name: Promontory HOA
- HOA phone: 602-437-4777
Location
- Region: Paradise Valley
Financial & listing details
- Price per square foot: $564/sqft
- Tax assessed value: $1,243,700
- Annual tax amount: $4,206
- Date on market: 12/10/2024
- Cumulative days on market: 27 days
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2025 | Sold | $2,350,000-2%$564/sqft |
Source:  ARMLS #6792700 Report a problem | ||
| 1/7/2025 | Pending sale | $2,399,000$575/sqft |
Source: ARMLS #6792700 Report a problem | ||
| 12/10/2024 | Listed for sale | $2,399,000-7.4%$575/sqft |
Source: ARMLS #6792700 Report a problem | ||
| 1/8/2024 | Listing removed | -- |
Source: ARMLS #6626433 Report a problem | ||
| 12/15/2023 | Listing removed | $2,590,000$621/sqft |
Source: ARMLS #6622824 Report a problem | ||
| 11/3/2023 | Listed for rent | $13,000$3/sqft |
Source: ARMLS #6626433 Report a problem | ||
| 10/26/2023 | Listed for sale | $2,590,000+15.1%$621/sqft |
Source: ARMLS #6622824 Report a problem | ||
| 12/29/2021 | Sold | $2,250,000-2%$540/sqft |
Source: ARMLS #6320056 Report a problem | ||
| 12/9/2021 | Pending sale | $2,295,000$550/sqft |
Source: ARMLS #6320056 Report a problem | ||
| 12/1/2021 | Contingent | $2,295,000$550/sqft |
Source: ARMLS #6320056 Report a problem | ||
| 11/16/2021 | Listed for sale | $2,295,000+76.5%$550/sqft |
Source: ARMLS #6320056 Report a problem | ||
| 4/30/2021 | Sold | $1,300,000-1.9%$312/sqft |
Source: Public Record Report a problem | ||
| 4/21/2021 | Pending sale | $1,325,000$318/sqft |
Source: ARMLS #6197855 Report a problem | ||
| 2/27/2021 | Listed for sale | $1,325,000+169.1%$318/sqft |
Source: ARMLS #6197855 Report a problem | ||
| 6/30/1999 | Sold | $492,300+31.3%$118/sqft |
Source: Public Record Report a problem | ||
| 12/6/1996 | Sold | $375,000$90/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,002 +19.7% | $124,370 -3.3% |
| 2024 | $4,177 -27.5% | $128,610 +70.7% |
| 2023 | $5,759 +4% | $75,333 -3% |
| 2022 | $5,535 -2.3% | $77,680 +7.4% |
| 2021 | $5,665 +4.3% | $72,330 +2.9% |
| 2020 | $5,430 +4.4% | $70,300 +1.1% |
| 2019 | $5,199 | $69,510 +8.8% |
| 2018 | $5,199 +4.6% | $63,910 +2.3% |
| 2017 | $4,971 +13.6% | $62,480 +4.3% |
| 2016 | $4,376 +4.4% | $59,920 +8.1% |
| 2015 | $4,190 | $55,450 +14.2% |
| 2014 | -- | $48,560 +2.5% |
| 2013 | -- | $47,380 -3% |
| 2012 | -- | $48,850 -6.9% |
| 2011 | -- | $52,450 -26.4% |
| 2010 | -- | $71,230 -13% |
| 2009 | -- | $81,920 -6.2% |
| 2008 | -- | $87,300 +9% |
| 2007 | -- | $80,100 +60.5% |
| 2006 | -- | $49,900 |
| 2005 | -- | $49,900 +7.7% |
| 2004 | -- | $46,350 |
| 2003 | -- | $46,350 +2% |
| 2002 | -- | $45,450 |
Find assessor info on the county website
Neighborhood: 85253
Nearby homes
- $1,314,300-- bd3 ba2.5k sqft5427 E Cannon Dr, Paradise Valley, AZ 85253Off Market
- $1,295,000-- bd3 ba2.5k sqft5415 E Cannon Dr, Paradise Valley, AZ 85253Off Market
- $1,942,8005 bd4 ba4.1k sqft5420 E Alan Ln, Paradise Valley, AZ 85253Off Market
- $1,237,7004 bd3 ba2.5k sqft5426 E Alan Ln, Scottsdale, AZ 85253Off Market
- $1,610,4006 bd4 ba3.8k sqft5414 E Alan Ln, Paradise Valley, AZ 85253Off Market
- $1,277,300-- bd3 ba2.5k sqft5422 E Cannon Dr, Scottsdale, AZ 85253Off Market
- $1,622,9004 bd2 ba2.9k sqft5433 E Cannon Dr, Paradise Valley, AZ 85253Off Market
- $1,100,4004 bd2 ba2.9k sqft5409 E Cannon Dr, Paradise Valley, AZ 85253Off Market
Nearby schools
GreatSchools rating
- 10/10Cherokee Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 9/10Cocopah Middle SchoolGrades: 6-8Distance: 1.6 mi
- 9/10Chaparral High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Cherokee Elementary School
- Middle: Cocopah Middle School
- High: Chaparral High School
- District: Scottsdale Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,295,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,295,000
- Arizona
- Maricopa County
- Paradise Valley
- 85253
- 5421 E CANNON Drive
Nearby cities
Nearby zip codes
Other Paradise Valley Topics
