New Construction — Paradise Valley
By Anne Sostman | The Scottsdale Agent | 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.
— Anne Sostman, The Scottsdale Agent
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.
By Micro-Pocket
Where New Construction Is Most Active.
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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.
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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.
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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.
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Take the Next Step
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.
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Frequently Asked Questions
PV New Construction FAQ.
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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.
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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.
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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.
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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.
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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.
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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.
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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
Book Your Consultation
15 minutes. No obligation. Completely confidential.
Or call directly