Prescott Valley: Scottsdale Developer Buys Stalled 200-Acre Community for $9.8 Million, Plans 1,100 Homes
Marcus Whitfield
A stalled Prescott Valley community gets a new owner and a new timeline
Construction on The Viewpoint, a master-planned community in Prescott Valley, has been stalled for years. Residents who bought into the promise of the development waited while plans shifted and ownership changed hands. Now a Scottsdale developer says it will finish the job.
Hunn Development Co. closed on the final 200 acres of the project on Friday, June 12, 2026, according to the Phoenix Business Journal. The company paid $9.8 million for the land.
The money behind the deal
Duane Hunn, president of Hunn Development, told the Business Journal the company plans to invest $100 million to complete the community. That investment covers infrastructure work and the construction of roughly 1,100 homes across multiple phases.
The Viewpoint sits within a larger 637-acre master-planned tract in Prescott Valley, according to the Daily Courier. The new acquisition gives Hunn Development control of the entire undeveloped portion of the property.
Why Prescott Valley now?
The timing of the deal places the community within an hour's drive north of the massive TSMC chip factory complex being built in Phoenix, the Business Journal reported. Builders across the state have been chasing land markets beyond the Phoenix metro as demand pushes prices higher in the valley.
Hunn Development has pursued projects in the Prescott region before. The company previously proposed a winery-resort concept called Cherry Road Vineyards, according to AZBEX.
What comes next for residents
Before any shovels hit the ground, Hunn Development must navigate an extended entitlement process. The company will need to file detailed plats and utility plans with town and county agencies, according to Hoodline. Public hearings and agency reviews will then set the project's schedule and scope.
Water availability and road infrastructure remain open questions for projects of this size in the region. Local meeting minutes and planning records flag those as typical hurdles for large master-planned tracts in Yavapai County.
Neighbors and existing homeowners in The Viewpoint will be watching how quickly the developer phases the work and lines up the necessary infrastructure. For residents who have waited years for the community to reach completion, the deal marks the first concrete step toward a finished neighborhood.
"Hunn Development has announced the successful acquisition of the final undeveloped 200 acres within The Viewpoint, a 637-acre master planned community located in Prescott Valley, Arizona."
That statement from the company, reported by the Daily Courier, signals the end of uncertainty over who would finish the project. The work of actually building it has just begun.