Three Luxury Residential Developments Underway in Phoenix Area

Three luxury residential developments underway across the Phoenix metropolitan area range from $5.95 million to roughly $15 million, with completion dates stretching into early 2027.

Wellness and Recreation at Camelback Mountain

At the base of Camelback Mountain, a roughly $15 million custom residence is currently wrapping up its framing phase. Designed explicitly around recreation, wellness, and large-scale hosting, the property features a specialized wellness wing equipped with a private gym, steam room, cold plunge, and sauna. A sport court, a dedicated theater room, and a separate guest house round out the amenity list for the site.

Paradise Valley Spec Home Nears Late 2026 Finish

Further north in Paradise Valley, a new-construction spec home at 5532 N. Quail Place is listed for $10.495 million. Developed by Emery Lane Homes, the roughly 7,784-square-foot residence sits on just over an acre and targets a late 2026 completion window. The layout relies on massive sliding glass walls to bind the interior living zones directly to the backyard, which includes a pool, a heated spa, and an outdoor kitchen.

Custom Features and Independent Casitas

Inside, the main house provides five bedrooms, a flex room, a private gym, a theater, and a chef’s kitchen outfitted with dual islands and a butler’s pantry. A detached casita on the grounds adds a self-contained bedroom, full kitchen, bathroom, and laundry facilities.

Biltmore Neighborhood Project Slated for Early 2027

Meanwhile, in Phoenix’s Biltmore neighborhood, a $5.95 million spec home at 5025 N. 22nd Street is slated for completion in the first quarter of 2027. Spanning approximately 6,248 square feet, the property sits close to local dining and recreation while incorporating its own distinct recreation package, including a private tennis court, a resort-style pool, and a heated spa. The main residence houses four bedrooms, a gym, a dedicated office, a flex room, and a separate prep kitchen. Like the Paradise Valley build, it utilizes large sliding doors for open-air transitions and features a detached guest house complete with a separate entrance, garage, full kitchen, and laundry facilities.