New Construction Homes in Phoenix, AZ

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  $1,470,000 Custom Home

  1420 E Coyote Wash Dr, Phoenix, AZ 85331

  • 4 Beds
  • 4.5 Baths
  • 4,124 Sq Ft

  Mountain Views- Buyer must choose $230k min in options on top of base $1,470,000. Contemporary open-concept design, soon to be constructed. This luxury home features an island kitchen with top-tier. Wolfe/SubZero appliances as an option. The property includes a paver drive, three-car tandem garage, and a 49' RV garage, ideal for car collectors and RV enthusiasts. The layout includes 4 bedrooms

  Randy Lewis RE/MAX Fine Properties

  1420 E Coyote Wash Dr, Phoenix, AZ 85331
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  $2,145,000 Custom Home

  4030 N 49th St, Phoenix, AZ 85018

  • 4 Beds
  • 4.5 Baths
  • 3,580 Sq Ft

  Come see this exceptional brand new home that just finished construction. A well-planned floor layout offers effortless flow for both everyday living and entertaining, enhanced by abundant storage throughout and a spacious 2-car garage with additional storage. The designer kitchen offers high end Monogram cabinet-paneled appliances and a luxurious back kitchen that flows into the office or formal

  Brandon White HomeSmart

  4030 N 49th St, Phoenix, AZ 85018
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  $1,375,000 Custom Home

  1636 W Donatello Dr, Phoenix, AZ 85086

  • 4 Beds
  • 4.5 Baths
  • 3,040 Sq Ft

  Currently under construction, this stunning new custom home on just over an acre featuring sleek contemporary architecture and a thoughtfully designed split floor plan. The open-concept great room showcases soaring ceilings, elegant finishes, and expansive glass that flood the space with natural light. The gourmet kitchen offers Monogram appliances, a large center island, dining area, and an

  Mark Reed RC Realty

  1636 W Donatello Dr, Phoenix, AZ 85086
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  $475,000 Custom Home

  1110 E Pierce St, Phoenix, AZ 85006

  • 4 Beds
  • 2 Baths
  • 1,589 Sq Ft

  $20,000 in down payment assistance is available for qualified buyers - use it toward your down payment, closing costs, or to buy down your rate and lower your monthly payment. Income and occupancy guidelines apply. Rare opportunity to own a brand-new home in the historic downtown Phoenix area! Located on an infill lot in the vibrant Garfield neighborhood, this energy-efficient 4-bedroom, 2-bath

  Michael & Maricruz eXp Realty

  1110 E Pierce St, Phoenix, AZ 85006
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  $2,275,000 Condo Unit

  5050 N Camelback Ridge Dr Unit 1210, Scottsdale, AZ 85251

  • 1 Bed
  • 2 Baths
  • 1,601 Sq Ft

  Welcome to Residence 1210, an architectural jewel within the exclusive Ascent at The Phoenician® where iconic design meets luxury desert living. This one bedroom + den, two bathroom residence offers 1,601 square feet of impeccably designed interiorspace, plus a generous 487 square foot private terrace that frames stunning views of the surrounding Sonoran landscape. Crafted through a signature

  Karina Rodriguez Russ Lyon Sotheby's International Realty

  5050 N Camelback Ridge Dr Unit 1210, Scottsdale, AZ 85251
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  $424,990 Custom Home

  6520 S 78th Ln, Phoenix, AZ 85043

  • 3 Beds
  • 2 Baths
  • 1,662 Sq Ft

  Beautiful, brand-new home located in the highly desirable West Valley community of Laveen, offering convenient access to Loop 202 and I-10. This thoughtfully designed home features 9' ceilings, White Shaker cabinetry, Shaw 17x17 tile throughout main living areas, and plush carpet in bedrooms and closets. The kitchen is complete with granite countertops and a full stainless steel appliance

  Danny Kallay Compass

  6520 S 78th Ln, Phoenix, AZ 85043
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  $2,899,500 Custom Home

  31331 N 57th Place, Cave Creek, AZ 85331

  • 5 Beds
  • 4.5 Baths
  • 3,772 Sq Ft

  NEW CONSTRUCTION - TO BE BUILT. (Photos are of same floor plan across the street) Amazing opportunity. 3772 sq ft main residence w/2 car garage, 1225 sq ft oversized RV garage, and pool on over 2 acres with no HOA. Open -concept floor plan is perfect for the active family. True entrance hall leads to open Great Room/Dining Room with gas fireplace and Chef's Kitchen with walk-in Pantry, quartz

  George Wanner Keller Williams Realty Sonoran Living

  31331 N 57th Place, Cave Creek, AZ 85331
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  $559,900 Custom Home

  2105 W Elm St Unit 1, Phoenix, AZ 85015

  • 3 Beds
  • 2.5 Baths
  • 1,852 Sq Ft

  TO BE BUILT: This offering is for new home construction on lot APN 15-02-083! Owner occupied financing with 0% to 3.5% down possible with good credit score so check with our lender. Great opportunity for investor or landlord as this property is located in an area of redevelopment and revival. Many new homes completed in the last 3 years in the immediate area including across the street on the

  George Turner RE/MAX Excalibur

  2105 W Elm St Unit 1, Phoenix, AZ 85015
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  $2,450,000 Condo Unit

  5050 N Camelback Ridge Dr Unit 2104, Scottsdale, AZ 85251

  • 1 Bed
  • 1.5 Baths
  • 1,583 Sq Ft

  Residence 2104 is a 1-bedroom + den, 1.5-bath residence offering 1583 sq ft indoors and an expansive 546 sq ft terrace with sweeping viewsof Camelback Mountain. The chef's kitchen, spa-like baths, and seamless indoor-outdoor living make this a truearchitectural retreat.

  Karina Rodriguez Russ Lyon Sotheby's International Realty

  5050 N Camelback Ridge Dr Unit 2104, Scottsdale, AZ 85251
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  $2,850,000 Custom Home

  13053 N 17th Place, Phoenix, AZ 85022

  • 4 Beds
  • 3.5 Baths
  • 4,553 Sq Ft

  Perched within the exclusive gated community of The Ridge at Lookout Mountain, this modern hillside estate is currently under construction and scheduled for completion in May 2026. Designed with clean, sleek lines and walls of glass, the home captures breathtaking mountain, city, and golf course views from every angle. Featuring 4 bedrooms, a home office, home theatre, and 3-car garage, it's

  Marissa Kline Compass

  13053 N 17th Place, Phoenix, AZ 85022
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  $1,725,000 Custom Home

  9024 N 28th St, Phoenix, AZ 85028

  • 5 Beds
  • 4.5 Baths
  • 3,013 Sq Ft

  Best Value in the Area! $100K Price Improvement! Below Comps! Full Custom Rebuild! New Home Warranty! Not your typical residence! Discover 13' soaring ceilings, bespoke kitchen, Exceptional floor plan, curated finishes, full-feature casita, jaw-dropping Mountain Views & Access--a true Custom Home! Moving beyond the custom features, you register a sense of serenity & comfort. The ambience strikes

  Steven Ditter Paradise Valley Real Estate

  9024 N 28th St, Phoenix, AZ 85028
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  $635,000 Townhome

  3715 N 31st St Unit 14, Phoenix, AZ 85016

  • 3 Beds
  • 3 Baths
  • 1,426 Sq Ft

  Located in the heart of coveted Arcadia Lite, Paisley is an exclusive new community of 24 contemporary townhomes designed for modern living and effortless style. This brand-new 1,424 SF residence offers 3 bedrooms, 3 bathrooms, and a spacious 2-car garage with a thoughtfully designed floorplan that blends functionality with upscale finishes. Clean architectural lines, open-concept living spaces,

  Karl Tunberg eXp Realty

  3715 N 31st St Unit 14, Phoenix, AZ 85016
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  $970,000 Custom Home

  2051 E Michigan Ave, Phoenix, AZ 85022

  This is a listing for 2 homes on 1 lot.4 More identical homes are available for a total of 6 New Build Homes .The MLS listing 7031372 is at 2041 E Michigan Avenue and that home is staged and open daily, these are the photo pictures.For an overall view of the site, please see the video which shows the whole site of 6 homes.

  Scot Wendorf Source Real Estate

  2051 E Michigan Ave, Phoenix, AZ 85022
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  $77,400 Manufactured Home

  2050 W Dunlap Ave Unit E220, Phoenix, AZ 85021

  • 1 Bed
  • 1 Bath
  • 367 Sq Ft

  This charming Park Model home, built in 2023 by Cavco West, offers a cozy and efficient living space perfect for comfortable desert living. Featuring one bedroom and one bathroom, the home includes a spacious living room, a well-appointed kitchen with modern appliances such as an oven, fridge, dishwasher, and microwave, as well as a delightful breakfast nook for casual dining. The interior layout

  Ozlen Green Desertscape

  2050 W Dunlap Ave Unit E220, Phoenix, AZ 85021
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  $799,000 Townhome

  808 N 2nd Ave, Phoenix, AZ 85003

  • 2 Beds
  • 2.5 Baths
  • 1,714 Sq Ft

  Welcome to The Residences on 2nd, downtown Phoenix's newest townhome subdivision. Located along the tree lined 2nd Avenue streetscape in the historic Roosevelt Neighborhood, steps away from local restaurants, cafes, parks and all that Downtown Phoenix has to offer. These move-in ready residences boast exquisite exterior architecture, detailing and charm that you would expect in a historic

  Roderick Ward Trelora Realty

  808 N 2nd Ave, Phoenix, AZ 85003
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  $2,245,555 Custom Home

  1832 E Palmaire Ave, Phoenix, AZ 85020

  • 4 Beds
  • 4.5 Baths
  • 4,353 Sq Ft

  Welcome to a striking Blue Sky Homes Luxe Design residence offering 4,353 square feet of refined living with 4 bedrooms and 4.5 bathrooms arranged within a thoughtfully crafted floor plan. The European inspired kitchen serves as the heart of the home, appointed with sculptural natural oak cabinetry, streamlined stone surfaces, a 48'' Wolf gas range with double ovens, and a Sub-Zero refrigerator

  Brian North Compass

  1832 E Palmaire Ave, Phoenix, AZ 85020
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  $2,400,000 Custom Home

  1730 W Sentinel Rock Rd, Phoenix, AZ 85086

  • 3 Beds
  • 3.5 Baths
  • 4,626 Sq Ft

  This exceptional property is a dream come true for car collectors, entrepreneurs, and lifestyle enthusiasts alike, offering an extraordinary blend of luxury living, garage space, office functionality, and workshop versatility. Completed in May 2026, the estate consists of three separate buildings totaling 9,597 square feet under roof, including a main residence, a guest house, and a detached

  Attila Juhasz Berkshire Hathaway HomeServices Arizona Properties

  1730 W Sentinel Rock Rd, Phoenix, AZ 85086
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  $2,899,500 Custom Home

  31334 N 57th Place, Cave Creek, AZ 85331

  • 5 Beds
  • 4.5 Baths
  • 3,772 Sq Ft

  NEW CONSTRUCTION - TO BE BUILT. (photos are of new build next door). Private cul-de-sac of only five homes. 3772 sq ft Residence w/2 car garage, 1225 sq ft oversized RV garage, and pool all on over 2 acres w/no HOA. Open-concept floor plan is perfect for the active family. True entrance hall leads to open Great Room/Dining Room with gas fireplace and Chef's Kitchen with walk-in Pantry, quartz

  George Wanner Keller Williams Realty Sonoran Living

  31334 N 57th Place, Cave Creek, AZ 85331
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  $31,900 Manufactured Home

  2050 W Dunlap Ave Unit E227, Phoenix, AZ 85021

  • 1 Bed
  • 1 Bath
  • 396 Sq Ft

  This 396 square feet Park Model home in Phoenix, AZ offers a cozy and modern living space perfect for one person or a couple. Built in 2023 by Cavco West, this home features 1 bedroom and 1 bathroom, along with a spacious living room and a well-equipped kitchen. The interior includes stainless steel appliances such as an oven, fridge, dishwasher, and microwave, as well as a hot water heater,

  Ozlen Green Desertscape

  2050 W Dunlap Ave Unit E227, Phoenix, AZ 85021
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  $1,805,000 Custom Home

  36XXX N 16th St, Phoenix, AZ 85086

  • 4 Beds
  • 4.5 Baths
  • 4,011 Sq Ft

  Sophisticated contemporary residence on a 1-acre desert-view lot, combining luxury and functionality. This 4-bedroom home features an attached RV garage, private study, versatile flex room, and a chef's gourmet kitchen with a full working pantry (featuring GE Monogram Appliances). The open-concept design is adorned with premium finishes and expansive windows framing breathtaking views. Unwind in

  Mark Reed RC Realty

  36XXX N 16th St, Phoenix, AZ 85086
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  $5,100,000 Custom Home

  17444 N 32nd St, Phoenix, AZ 85032

  Campo Bello Apartments is a newly constructed (2022), Class A 12-unit multifamily community located in the highly desirable North Phoenix submarket. The property features an attractive mix of 2-bed/2-bath and 3-bed/2-bath units and delivers strong performance with a 5.66% actual true cap rate. Ideally positioned near Paradise Valley Community College with quick access to SR-51 and Loop 101,

  Collin Corsmeier HomeSmart

  17444 N 32nd St, Phoenix, AZ 85032
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  $625,000 Townhome

  3715 N 31st St Unit 15, Phoenix, AZ 85016

  • 3 Beds
  • 3 Baths
  • 1,426 Sq Ft

  Located in the heart of coveted Arcadia Lite, Paisley is an exclusive new community of 24 contemporary townhomes designed for modern living and effortless style. This brand-new 1,426 SF residence offers 3 bedrooms, 3 bathrooms, and a spacious 2-car garage with a thoughtfully designed floorplan that blends functionality with upscale finishes. Clean architectural lines, open-concept living spaces,

  Karl Tunberg eXp Realty

  3715 N 31st St Unit 15, Phoenix, AZ 85016
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  $1,575,000 Custom Home

  1940 E Creek Canyon Rd, Phoenix, AZ 85086

  • 4 Beds
  • 4.5 Baths
  • 4,124 Sq Ft

  Move-In Ready Features include Island kitchen with Wolfe 48'' gas range, SubZero 48'' built-in Refrigerator, Wolf micro-drawer, Asko dishwasher, extended height upper cabinets and Quartz waterfall countertop. Includes paver driveway, oversized three-car tandem garage, and 49' RV garage. The layout includes 4 bedrooms plus an office, 4.5 bathrooms; Grand guest suite with its own living area,

  Randy Lewis RE/MAX Fine Properties

  1940 E Creek Canyon Rd, Phoenix, AZ 85086
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  $2,476,485 Custom Home

  37XX1 N 29th Ave, Phoenix, AZ 85086

  • 5 Beds
  • 7.5 Baths
  • 5,003 Sq Ft

  Architectural masterpiece on 1+ acre showcasing breathtaking Anthem city light & mountain views! This stunning modern estate features three thoughtfully designed levels of luxury living. Main level boasts gourmet chef's kitchen, living/dining areas, walk-out sun deck, and lavish master suite with soaking tub, expansive shower & dual vanity, plus convenient mudroom & guest bedroom. The walk-out

  Mark Reed RC Realty

  37XX1 N 29th Ave, Phoenix, AZ 85086
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  $671,990 Custom Home

  10030 S 23rd Ln, Phoenix, AZ 85041

  • 5 Beds
  • 4 Baths
  • 3,488 Sq Ft

  CASH price with $2,500 in closing costs. The Miraval is one of DR Horton's most popular floorplans. Prada is an exclusive gated community with only 16 homesites! This IMPRESSIVE 2-story home with 5bdrms/4baths/Den/4CAR GARAGE is the perfect plan for privacy and family time alike. This gorgeous home has a 15ft Slider with view of South Mountain, a full downstairs bedrm. & bath as well as a

  Mary Corbett DRH Properties Inc

  10030 S 23rd Ln, Phoenix, AZ 85041
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  $1,824,995 Custom Home

  16XX2 N 16th St, Phoenix, AZ 85086

  • 5 Beds
  • 5 Baths
  • 4,093 Sq Ft

  This stunning contemporary estate redefines luxury living with extraordinary indoor-outdoor flow. Situated on a full acre with paved road access and shared well, this architectural gem boasts premium finishes throughout. Chef's kitchen features top-tier appliances, sleek cabinetry, and abundant counter space—perfect for entertaining! The spa-like master bathroom offers a serene retreat with

  Mark Reed RC Realty

  16XX2 N 16th St, Phoenix, AZ 85086
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  $3,799,888 Custom Home

  4248 E Patricia Jane Dr, Phoenix, AZ 85018

  • 5 Beds
  • 5.5 Baths
  • 4,847 Sq Ft

  Set in the heart of Hacienda Granada, this new construction single-level modern farmhouse brings together the best of Arcadia living with Camelback Mountain views, a larger 12,841-square-foot lot, and a location that feels connected to everything people love about the neighborhood. The 5-bedroom, 5.5-bath floor plan was designed with real livability in mind, offering a thoughtful split-bedroom

  Joelle Addante Compass

  4248 E Patricia Jane Dr, Phoenix, AZ 85018
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  $475,000 Custom Home

  1210 E Garfield St, Phoenix, AZ 85006

  • 4 Beds
  • 2 Baths
  • 1,589 Sq Ft

  $20,000 in down payment assistance is available for qualified buyers - use it toward your down payment, closing costs, or to buy down your rate and lower your monthly payment. Income and occupancy guidelines apply. Rare opportunity to own a brand-new home in the historic downtown Phoenix area! Located on an infill lot in the vibrant Garfield neighborhood, this energy-efficient 4-bedroom, 2-bath

  Michael & Maricruz eXp Realty

  1210 E Garfield St, Phoenix, AZ 85006
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  $509,990 Custom Home

  4752 W Ellis St, Phoenix, AZ 85042

  • 4 Beds
  • 3 Baths
  • 2,071 Sq Ft

  Discover the Poppy at Solara by Ashton Woods Homes--a beautifully designed 2,071 sq ft home offering 4 bedrooms, a versatile den, 3 full baths, and a 2-car garage. The open-concept layout seamlessly blends comfort and style, featuring elevated finishes from the Timeless Collection. Enjoy a modern kitchen with GE appliances, 42'' white upper cabinetry, and sleek quartz countertops. Thoughtful

  Danny Kallay Compass

  4752 W Ellis St, Phoenix, AZ 85042
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  $4,995,000 Custom Home

  137 W Latona Rd, Phoenix, AZ 85041

  Newer Built Homes. 11 individual homes sold in bulk built in 2024. Nice community with 2 pocket parks. All homes have 2 car garages. Located near the new light rail line extension on Central Ave.AS of now, all homes are leased, self-managed by the owner. Owner maintains the common areas and provides quarterly exterior pest control. Buyer to verify all information.

  Jim Frazey City to City Commercial

  137 W Latona Rd, Phoenix, AZ 85041
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  $2,650,000 Condo Unit

  4849 N Camelback Ridge Rd Unit B104, Scottsdale, AZ 85251

  • 1 Bed
  • 2 Baths
  • 1,678 Sq Ft

  Welcome to Ascent at the Phoenician - world class modern living at its finest! This BRAND NEW, NEVER BEEN LIVED IN luxury residence features 1 bedroom plus a den, 2 full bathrooms plus an extraordinary 1,600-sq-ft private garden/yard — the only one-bedroom unit that has one and a feature rarely found within the community. The interior features showcase the highest end of finishes with Bulthaup

  Samantha Moore Compass

  4849 N Camelback Ridge Rd Unit B104, Scottsdale, AZ 85251
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  $530,000 Custom Home

  3627 W Palmaire Ave, Phoenix, AZ 85051

  • 3 Beds
  • 2 Baths
  • 1,644 Sq Ft

  Brand New Construction - No HOA! Discover the perfect blend of modern luxury and suburban comfort in this stunning 3-bedroom, 2-bathroom new build. Spanning 1,644 sq. ft. of thoughtfully designed living space, this contemporary home features an open-concept floor plan perfect for entertaining. The sleek kitchen boasts premium finishes and flow-through access to the spacious living area. Retreat

  Snaha Patel NextHome Complete Realty

  3627 W Palmaire Ave, Phoenix, AZ 85051
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  $909,990 Custom Home

  1754 E Duane Ln, Scottsdale, AZ 85263

  • 4 Beds
  • 3 Baths
  • 2,665 Sq Ft

  What's Special: Corner Lot | 3-Car Tandem Garage | Tub in Primary Bath | 3 Full Baths | South Facing Lot. New Construction - August Completion! Built by America's Most Trusted Home Builder. Welcome to the Everglade at 1754 E Duane Lane in Verdin Passage! This thoughtfully designed layout offers open living spaces, private retreats, and flexible rooms that fit your everyday routine with ease. The

  Tara Talley William Lyon Homes

  1754 E Duane Ln, Scottsdale, AZ 85263
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  $5,900,000 Custom Home

  10019 N 56th St, Paradise Valley, AZ 85253

  • 5 Beds
  • 6.5 Baths
  • 5,818 Sq Ft

  Experience the pinnacle of luxury living in this stunning new Santa Barbara estate by Thomas James Homes, ideally located in the highly sought-after Country Club Acres neighborhood of Paradise Valley. Set on an expansive lot, this architectural masterpiece showcases refined design, superior craftsmanship, and modern sophistication. A light-filled open floor plan is designed for seamless

  Charlotte Henderson Thomas James Homes

  10019 N 56th St, Paradise Valley, AZ 85253
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  $5,994,998 Custom Home

  10229 N 64th St, Paradise Valley, AZ 85253

  • 5 Beds
  • 5.5 Baths
  • 5,984 Sq Ft

  Anchored by classic French château architecture and reinterpreted through a modern lens, this new construction Paradise Valley estate spans nearly 6,000 square feet on a rare 1.045-acre parcel. A thoughtfully executed split floor plan offers five ensuite bedrooms, a private office, powder room, and a flexible secondary space suitable for a gym, theater, or studio. Soaring vaulted ceilings and

  Kirsten Martin Compass

  10229 N 64th St, Paradise Valley, AZ 85253
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  $89,900 Manufactured Home

  2050 W Dunlap Ave Unit C093, Phoenix, AZ 85021

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  This 2.0 bed 1.0 bath Manufactured Home at Desertscape in Phoenix, AZ is a charming 864 square feet new build by Cavco in 2023. The interior of the home boasts a spacious Living Room, cozy Dining Room, comfortable Master Bedroom, fully equipped Kitchen, and convenient Laundry Room. The home comes complete with modern amenities including Central A/C, Washer/Dryer Hook Up, Hot Water Heater, Oven,

  Ozlen Green Desertscape

  2050 W Dunlap Ave Unit C093, Phoenix, AZ 85021
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  $4,000,000 Custom Home

  2515 E Valley View Dr, Phoenix, AZ 85042

  • 3 Beds
  • 3 Baths
  • 4,000 Sq Ft

  A rare opportunity to build a true statement home on one of the most dramatic hillside homesites in the Valley. Perched on over an acre, this elevated setting captures unobstructed panoramic views that stretch endlessly, delivering breathtaking sunsets and a nightly display of city lights that feel almost within reach. The combination of elevation, orientation, and surrounding protected land

  Alexander Dery-Chaffin Cordova Realty

  2515 E Valley View Dr, Phoenix, AZ 85042
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  $1,469,900 Custom Home

  612 E Tanglewood Trail, Phoenix, AZ 85085

  • 5 Beds
  • 3.5 Baths
  • 3,621 Sq Ft

  Construction is officially underway on this stunning new custom home featuring jaw-dropping finishes and an attached RV garage. Perched on an elevated 1-acre lot with full block fencing, no HOA, and breathtaking views of Cave Creek Peak and Pyramid Peak, this property truly stands apart. Inside, the gourmet kitchen impresses with upgraded appliances, upgraded cabinetry, quartz countertops, a

  Brendon Adcox Gentry Real Estate

  612 E Tanglewood Trail, Phoenix, AZ 85085
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  $99,995 Lot/Land

  1102 W Hadley St, Phoenix, AZ 85007

  • 7,405 Sq Ft
  • $588,206 per Acre

  CALL OR TEXT US NOW FOR AVAILABILITY AT 310-853-1455! Positioned in a welcoming community, this 0.17-acre property in Phoenix, Maricopa County offers an exceptional setting for residential development and long-term value! Zoned R-3 Multi-Family Residence District, the property presents exciting potential for a variety of residential plans with strong usability and appeal. Paved road

  Patrick Elder Landspot

  1102 W Hadley St, Phoenix, AZ 85007
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  $225,000 Lot/Land

  2103 W Dobbins Rd, Phoenix, AZ 85041

  • 1.27 Acres
  • $177,165 per Acre

  Exceptional Residential lot with city and mountain views in a custom area of South Mountain north. Utilities are nearby. The lot is ready for development for your custom dream home.

  Michael Liscano Dana Hubbell Group

  2103 W Dobbins Rd, Phoenix, AZ 85041

Showing Results 161 - 200, Page 5 of 12