Paraside Valley New Homes For Sale

New Construction — Paradise Valley
By Anne Sostman | The Brokery | License SA718853000

New Construction
Paradise Valley Homes.

Custom Estates · Spec Builds · Teardown-Rebuild · One-Acre Minimum Lots

New construction in Paradise Valley is not a production builder market. It is custom estates on one-acre-plus lots, spec builds by luxury builders, and teardown-rebuild projects that replace older properties with modern transitional and contemporary architecture. The listings below show publicly available new construction. For spec builds and near-completion projects that have not yet reached the MLS, contact me directly — many trade through agent and builder networks before listing publicly.

Browse New Construction

Schedule a Consultation

“In Paradise Valley, the lot is the investment and the home is the expression of it. A teardown-eligible parcel in the right micro-pocket is worth more than a dated estate in the wrong one. The new construction market here is fundamentally a land market.”
— Anne Sostman

$500–$1,000+/sqft

Custom construction cost range, exclusive of lot

$1.5M–$5M+

Lot value range by micro-pocket

18–30 mo

Custom build timeline from design to completion

$4M–$10M+

Typical finished spec build range

Paradise Valley Specialist

Custom · Spec · Teardown-Rebuild

Private Client Network

Off-Market Access

Published by Anne Sostman

Know the Product

Three Types of New Construction in Paradise Valley.

There are no production builder subdivisions in Paradise Valley. The one-acre minimum zoning and exclusively residential character ensure that every new home is either a custom commission, a spec build by a luxury builder, or a teardown-rebuild on an established lot. Each has a different cost structure, timeline, and risk profile.

The build-vs-buy decision in Paradise Valley comes down to one question: is there a finished product in the right micro-pocket that meets your standards, or do you need to build it yourself? If the lot is the priority, building may be the only option. If the timeline is the priority, a completed spec build or a recent resale eliminates 18 to 30 months of construction.

Read the PV Buyer’s Guide

Custom Builds

Buyer commissions on their own lot. Full control over design, materials, and layout. $500 to $1,000+/sqft plus lot cost. 18 to 30 month timeline. The most personalized product and the most complex process.

Spec Builds

Luxury builder constructs without a specific buyer. Finished or near-finished. $4M to $10M+ typically. Speed and certainty with no construction management. Many trade through agent networks before listing.

Teardown-Rebuild

Older estate demolished, replaced with modern construction on the same lot. Most active on the East Border, Doubletree Corridor, and Mockingbird Lane. Each completed project raises the baseline for surrounding properties.

By Micro-Pocket

Where New Construction Is Most Active.

Highest Activity

East Border & Doubletree Corridor

The most active teardown-rebuild corridors. Scottsdale Road adjacency drives East Border activity. Doubletree’s central PV location and lot sizes attract custom builders. Spec builds at $4M to $8M.

East Border Guide →

Premium Lots

Mummy Mountain & Camelback Lands

The highest-value new construction in PV. Custom builds with panoramic views on the most premium lots. $8M to $25M+. Limited lot availability makes new construction here rare and highly valuable.

PV Neighborhood Guide →

Off-Market

Spec Builds & Teardown-Eligible Lots

Builders market through agent networks before listing. Teardown-eligible lots surface through private channels. The PCN provides access to both for qualified buyers and builders.

Request Off-Market Access →

Take the Next Step

Considering New Construction in Paradise Valley?

The best lots and spec builds move through private channels first.

Whether you are buying a finished spec build, acquiring a teardown-eligible lot, or exploring the custom build process, a consultation identifies what is currently available off-market, what the construction economics look like at your target level, and which micro-pocket delivers the strongest long-term value.

Schedule a Consultation

Request Off-Market Access

Representing buyers and sellers across Old Town & South Scottsdale communities · 480.999.9945

Frequently Asked Questions

PV New Construction FAQ.

Is there new construction in PV? Yes. Custom builds, spec builds, and teardown-rebuild projects. No production communities. One-acre minimum lots ensure every new home is individually designed.	How much does it cost to build? $500–$1,000+/sqft for custom construction, plus lot cost ($1.5M–$5M+). A 6,000 sqft custom on a $2.5M lot at $700/sqft = ~$6.7M total.
Should I build or buy? Build if the lot and micro-pocket are the priority. Buy if timeline is the priority. Building requires 18–30 months. A spec build or recent resale eliminates construction risk.	Are there spec builds available? Yes. $4M–$10M+ typically. Many trade through agent networks before public listing. The PCN provides access to off-market spec builds and near-completion projects.
Where is the teardown-rebuild activity? Most active on the East Border, Doubletree Corridor, and Mockingbird Lane. Older estates on premium lots are being replaced with modern construction. Each project raises the area baseline.	Are there off-market new builds? Yes. Builders market through agent networks. Teardown lots surface privately. The PCN provides access to both for qualified buyers and builders.

Common Questions

Questions Sellers Ask Most.

Is there new construction in Paradise Valley?

Yes. Paradise Valley has an active new construction market driven primarily by teardown-rebuild projects and custom builds on remaining undeveloped lots. Older estates on premium one-acre-plus parcels are being demolished and replaced with modern and transitional custom homes. Spec builders are also active, particularly on the East Border corridor and in micro-pockets with strong Scottsdale proximity.

How much does new construction cost in Paradise Valley?

Custom construction in Paradise Valley typically costs $500 to $1,000 or more per square foot depending on the level of finish, materials, and architectural complexity. This is exclusive of the lot cost, which ranges from $1.5M to $5M or more depending on the micro-pocket, view orientation, and lot size. A 6,000 square foot custom home at $700/sqft on a $2.5M lot totals approximately $6.7M.

Should I build or buy in Paradise Valley?

Building offers complete customization but requires 18 to 30 months and management of the design and construction process. Buying a recently completed spec build or a newer resale eliminates timeline risk and construction management. In Paradise Valley, the lot is typically the most valuable component — if you find a premium lot in the right micro-pocket, building may be the only way to get exactly what you want at that location.

Are there spec builds in Paradise Valley?

Yes. Spec builders are active in Paradise Valley, particularly along the East Border corridor and in micro-pockets with Scottsdale proximity. Completed spec builds typically trade between $4M and $10M or more. Many spec builds are marketed through agent networks before listing publicly on the MLS.

What is the teardown-rebuild market like in Paradise Valley?

Active and accelerating. Older estates from the 1970s through 1990s on premium one-acre-plus lots are being acquired for land value and replaced with modern transitional and contemporary custom homes. Each completed teardown-rebuild raises the comparable baseline for surrounding properties. The East Border, Doubletree Corridor, and Mockingbird Lane are among the most active teardown-rebuild areas.

Live Listings

Browse Current Listings.

Live MLS listing search for this area is arriving shortly. In the meantime, tell me your criteria — price, size, must-haves — and I’ll send matching homes, including off-market opportunities you won’t find on the public portals.

Request Matching Listings

Work With Anne

Looking for New Construction Not on This Page?

The publicly listed inventory represents a fraction of the new construction activity in Paradise Valley. For off-market spec builds, teardown-eligible lots, and builder introductions, a consultation is the right first step.

Schedule directly below

Or call directly

480.999.9945

New Construction Paradise Valley Homes.