Paradise Valley (zip code 85253) is metro Phoenix’s premier luxury enclave, ringed by Camelback Mountain, Mummy Mountain, and the Phoenix Mountains Preserve. Because the town is almost entirely built out, genuinely new construction is rare and highly sought after — most new homes are either custom estates on large lots or spec homes from the area’s top luxury builders.

The new construction market here spans several categories. Move-in-ready spec homes offer designer finishes and current floor plans with immediate availability. Mid-build homes let you select finishes, fixtures, and sometimes floor-plan changes before completion. Pre-construction and to-be-built homes (often 2027 and beyond) give you the most control, and vacant lots let you build a fully custom estate from the ground up. Most Paradise Valley new construction lists between roughly $3 million and $15 million or more, depending on lot size, square footage, and build tier.

Use the filters above to narrow by price, year built, bedrooms, square footage, lot size, and architectural style, or switch to the map view to search by location. Every listing is updated daily from the Arizona Regional MLS. When you find homes you’d like to see, a member of our team will reach out to arrange private showings and share off-market new construction that never hits the public MLS.

Frequently Asked Questions About New Construction in Paradise Valley

What counts as a new construction home in Paradise Valley?: In Paradise Valley, new construction generally means recently completed spec and custom builds, homes currently under construction that you can still customize, and pre-construction or to-be-built homes. This site also tracks newer resale homes (2015 and later) and vacant lots for ground-up custom builds.
How much do new construction homes in Paradise Valley cost?: Most new construction in Paradise Valley lists from about $3 million to $15 million or more. Price depends on lot size and location, total square footage, and the build tier — from semi-custom finishes to estate-level, ultra-premium construction.
Can I still customize a home that is under construction?: Often, yes. Mid-build homes frequently allow you to choose finishes, fixtures, and design selections — and sometimes floor-plan adjustments — depending on how far along the build is. Pre-construction homes and vacant-lot builds offer the most customization.
How often are the listings updated?: Listings update daily from the Arizona Regional MLS (ARMLS). Status, price, and new inventory are refreshed automatically, so you are seeing current availability.
Do I work with the builder directly or with an agent?: You can do either, but having a Paradise Valley new construction specialist represent you protects your interests on price, contract terms, inspections, and customization — usually at no cost to you as the buyer. Request information on any listing and a member of our team will follow up.

Looking for a New Construction Home in Paradise Valley?

Tell us what you're looking for and a member of our team will reach out with matching new construction homes, off-market opportunities, and build-ready lots in Paradise Valley, AZ 85253.

Live market data

See what new construction is actually selling for

38 sales closed in August 2026 at a median of $10,550,000. The Paradise Valley New Construction Index tracks median prices, price per square foot, days on market, and every closed sale — with a link to each one.

View the Index

About New Construction Homes in Paradise Valley

Frequently Asked Questions About New Construction in Paradise Valley

What counts as a new construction home in Paradise Valley?

In Paradise Valley, new construction generally means recently completed spec and custom builds, homes currently under construction that you can still customize, and pre-construction or to-be-built homes. This site also tracks newer resale homes (2015 and later) and vacant lots for ground-up custom builds.

How much do new construction homes in Paradise Valley cost?

Most new construction in Paradise Valley lists from about $3 million to $15 million or more. Price depends on lot size and location, total square footage, and the build tier — from semi-custom finishes to estate-level, ultra-premium construction.

Can I still customize a home that is under construction?

Often, yes. Mid-build homes frequently allow you to choose finishes, fixtures, and design selections — and sometimes floor-plan adjustments — depending on how far along the build is. Pre-construction homes and vacant-lot builds offer the most customization.

How often are the listings updated?

Listings update daily from the Arizona Regional MLS (ARMLS). Status, price, and new inventory are refreshed automatically, so you are seeing current availability.

Do I work with the builder directly or with an agent?

You can do either, but having a Paradise Valley new construction specialist represent you protects your interests on price, contract terms, inspections, and customization — usually at no cost to you as the buyer. Request information on any listing and a member of our team will follow up.

Looking for a New Construction Home in Paradise Valley?

Tell us what you're looking for and a member of our team will reach out with matching new construction homes, off-market opportunities, and build-ready lots in Paradise Valley, AZ 85253.