What's Being Built in North Scottsdale? Upcoming Developments

When we talk about the development of North Scottsdale, it’s easy to get caught up in the hype of high-rise condominiums and new luxury communities. But there is more to development than just to pop up a high-rise in a corner of a residential neighborhood.

The communities and homes that are currently under construction are really going to define the future of North Scottsdale and are already impacting the residential real estate market in terms of how homes are priced and what kind of equity homeowners have in their current homes.

For those looking to buy, it’s also increasingly important to understand what is currently under construction and where it is located. For those who already own a home in the area, it’s also becoming increasingly important to understand how new supply will impact the value of their home.

The Projects Defining 2026 in North Scottsdale

Right now, there are several communities under construction that are creating the most buzz right now. However, each of these communities is targeting a different market, so each community has its own specific features.

Optima McDowell Mountain: This blends high-end condos into a resort-like, mixed-use setting with plenty to see and do. Sustainable construction and landscape design carry through both indoor and outdoor spaces – balconies and terraces open onto canyon views and natural light, drawing residents who value that kind of perspective.

Atavia is being developed by Mattamy Homes near Loop 101 and Pima Road in North Scottsdale. The community of Atavia will offer a variety of townhomes and single family homes. These homes will offer attainable luxury to people who are interested in living in the North Scottsdale area but may not have the budget to afford some of the more expensive homes. The location of Atavia is ideal for people who work in the area or for people who want to be close to retail.

Portico at One Scottsdale: The new condos and mixed-use project at the corner of Scottsdale Road and Loop 101 in North Scottsdale, is within walking distance of the recently completed mixed-use development called One Scottsdale. This brand new property will be a wonderful spot for the active buyer looking for a new place to call home. The store front retail, upscale restaurants, coffee shops, fitness center, and pool, will create a unique walkable environment within North Scottsdale that is still a fairly underrepresented characteristic of new construction within the northern reaches of Scottsdale.

Toll Brothers at HighPoint. Toll Brothers’ HighPoint community sits in a prime North Scottsdale location, offering homesites averaging 2.75 acres – priced affordably compared to other large lots in the area – with semi-custom and fully custom homes ranging from 2,500 to over 7,000 square feet across a variety of architectural styles and floor plans. Built with the quality and attention to comfort Toll Brothers is known for, the guard-gated community also includes a clubhouse, swimming pool, parks, and walking trails, giving homebuyers easy access to Scottsdale without being in the middle of it all.

Storyrock and Sereno Canyon are two communities on the northern end of the development spectrum in North Scottsdale. These communities are made up of semi-custom and fully custom homesites as well as production homes that have been professionally designed for each homesite. Because these communities are located adjacent to the Desert Preserve, the views of the surrounding mountains are protected from newer development located closer to the urban core.

What This New Supply Means for Buyers

As mentioned above, the new supply of houses and construction in North Scottsdale will provide many choices to potential buyers. Also, there are many factors that will determine the choices of buyers in the aforementioned area.

Those that are willing to commute further will have the opportunity to purchase in some of the most desirable communities with all of the modern amenities and top of the line finishes. In return, these homes will provide their owners with the perfect opportunity to enjoy the utmost in luxury while also reaping the rewards of their hard earned dollars. Those on the other hand who have been waiting for the right opportunity to own a home in the luxury estates of North Scottsdale will also have the opportunity to purchase one of the few remaining homesites.

As reported by the National Association of Realtors in their recent research on new construction, the share of homes for sale that are newly constructed continues to rise across the country. This trend is especially pronounced in the Sun Belt regions where cities like Scottsdale are quickly running out of developable land and are thus turning to upping the ante of new construction in terms of height and density.

Given this reality, it’s worth doing a deep dive into how the contracts for new construction differ from those for typical resale homes on the market today. For buyers that are specifically targeting the Scottsdale real estate market, for example, doing so will grant them a sophisticated edge when it comes to sealing the deal on their next home.

What Existing Homeowners Should Watch

For owners of homes in the established communities of Silverleaf, DC Ranch, Pinnacle Peak and other parts of North Scottsdale, the big news of robust builder activity in the new home construction market is a mixed bag.

The continued development of North Scottsdale by builders who are confident that the area will continue to experience demand for homes in the near and long term will help to support home values in the area. However, for some home owners, the news of all of this new construction could be bad. The homes that are being built by these builders will be complete with builder warranties, have the benefit of being the latest in design and perhaps even be offered with some very competitive financing options. For some home owners who may have otherwise considered selling their home in a resale, these homes could present an attractive alternative.

Rather than compete with new construction on the resale market, some owners may find it makes more sense to hold onto their home and rent it out instead, especially if timing isn’t ideal for a sale. Companies like Denver Leasing and Property Management work with owners weighing that exact decision, helping them figure out whether renting or selling makes more sense given current market conditions.

The U.S. Census Bureau, through their Building Permits Survey, tracks permit activity by region. In Maricopa County, permit activity has continued to increase and North Scottsdale development is not a temporary phenomenon. Rather it is a sustained trend that is creating new homes and neighborhoods throughout the area.

For homeowners in established communities, this can mean that their home may be compared against new homes in terms of price per square foot, lot size, finishes and location – something companies like PMI Virginia approach by staying closely attuned to how new construction inventory shifts valuations in their local markets.

This is not to say that every established home will be rendered less valuable by the arrival of new construction, but rather that homeowners who understand how their home stacks up against new homes will be better able to price their home to attract buyers.

Resale sellers of homes in established communities in the North Scottsdale area must have a good sense of how their property stacks up against new construction in the area. That means having knowledge of the new homes’ prices per square foot, lot size, finishes and location, compared to their own home.

Looking Ahead Through the Rest of 2026

Additional releases are anticipated to occur throughout the remainder of 2026 from communities such as HighPoint, Storyrock, and Optima McDowell Mountain, which will offer Buyers with a specific floor plan, view, and/or price point a timely opportunity to purchase a new Home. Buyers are encouraged to monitor the release of specific Homes throughout the Balance of 2026.

North Scottsdale will have a deep pool of inventory at just about every price point for just about every lifestyle in 2026. The resulting construction will establish a strong foundation and ensure the prices of existing homes will remain stable in the long run, unlike many other areas where there is simply a focus on resale of existing inventory.

Last Updated: August 2026