diff --git a/tools/cmakev2/test/CMakeLists.txt b/tools/cmakev2/test/CMakeLists.txt
new file mode 100644
index 00000000000..fc3cf158156
--- /dev/null
+++ b/tools/cmakev2/test/CMakeLists.txt
@@ -0,0 +1,70 @@
+# SPDX-FileCopyrightText: 2025 Espressif Systems (Shanghai) CO LTD
+# SPDX-License-Identifier: Apache-2.0
+
+# Simple project for basic cmakev2 testing
+# Run: cmake -S . -B build
+cmake_minimum_required(VERSION 3.22)
+
+include($ENV{IDF_PATH}/tools/cmakev2/idf.cmake)
+
+project(cmakev2 C)
+
+# Dump build and component properties
+function(test_dump_properties)
+    __dump_build_properties()
+    idf_build_get_property(component_names COMPONENTS_DISCOVERED)
+    __dump_component_properties("${component_names}")
+endfunction()
+
+# Test component priority
+function(test_component_priority)
+    # Set the idf component to be replaced with a testing component of higher
+    # priority.
+    set(component_name "esp_system")
+
+    # Check that idf component is between discovered components.
+    __get_component_interface(COMPONENT "${component_name}"
+                              OUTPUT component_interface)
+    if("${component_interface}" STREQUAL "NOTFOUND")
+        idf_die("Component '${component_name}' not found")
+    endif()
+
+    # Check that idf component has "idf_components" as source.
+    idf_component_get_property(component_source
+                               ${component_interface}
+                               COMPONENT_SOURCE)
+    if(NOT "${component_source}" STREQUAL "idf_components")
+        idf_die("Unexpected idf component '${component_name}' source '${component_source}'")
+    endif()
+
+    # Create fake component with same name as idf component.
+    set(component_dir "${CMAKE_CURRENT_BINARY_DIR}/${component_name}")
+    file(MAKE_DIRECTORY "${component_dir}")
+    file(TOUCH "${component_dir}/CMakeLists.txt")
+
+    # Initialize fake component with higher "project_components" priority.
+    idf_build_get_property(component_prefix PREFIX)
+    __init_component(DIRECTORY "${component_dir}"
+                     PREFIX "${component_prefix}"
+                     SOURCE "project_components")
+
+    # Check that the idf component was replaced with fake component.
+    idf_component_get_property(component_source
+                               ${component_interface}
+                               COMPONENT_SOURCE)
+    if(NOT "${component_source}" STREQUAL "project_components")
+        idf_die("Unexpected fake component '${component_name}' source '${component_source}'")
+    endif()
+
+    idf_component_get_property(component_dir
+                               ${component_interface}
+                               COMPONENT_DIR)
+    if(NOT "${component_dir}" STREQUAL "${CMAKE_CURRENT_BINARY_DIR}/${component_name}")
+        idf_die("Unexpected fake component '${component_name}' directory '${component_dir}'")
+    endif()
+    __dump_component_properties("${component_name}")
+endfunction()
+
+# Run tests
+test_dump_properties()
+test_component_priority()