diff --git a/cmake/features.cmake b/cmake/features.cmake
index ea70019396c..5d0102ba63f 100644
--- a/cmake/features.cmake
+++ b/cmake/features.cmake
@@ -8,6 +8,8 @@
 
 ie_dependent_option (ENABLE_INTEL_CPU "CPU plugin for OpenVINO Runtime" ON "RISCV64 OR X86 OR X86_64 OR AARCH64" OFF)
 
+ie_dependent_option (ENABLE_ARM_COMPUTE_CMAKE "Enable ARM Compute build via cmake" OFF "ENABLE_INTEL_CPU" OFF)
+
 ie_option (ENABLE_TESTS "unit, behavior and functional tests" OFF)
 
 ie_option (ENABLE_COMPILE_TOOL "Enables compile_tool" ON)
diff --git a/src/plugins/intel_cpu/thirdparty/CMakeLists.txt b/src/plugins/intel_cpu/thirdparty/CMakeLists.txt
index 87a8255f860..7a74a207fbc 100644
--- a/src/plugins/intel_cpu/thirdparty/CMakeLists.txt
+++ b/src/plugins/intel_cpu/thirdparty/CMakeLists.txt
@@ -142,7 +142,11 @@ function(ie_add_onednn)
     list(APPEND CMAKE_MODULE_PATH "${CMAKE_CURRENT_SOURCE_DIR}")
 
     add_subdirectory(onednn EXCLUDE_FROM_ALL)
+
     ov_install_static_lib(dnnl cpu)
+    if(ARM OR AARCH64)
+        ov_install_static_lib(arm_compute_core cpu)
+    endif()
 endfunction()
 
 if(ENABLE_INTEL_CPU)
diff --git a/src/plugins/intel_cpu/thirdparty/FindACL.cmake b/src/plugins/intel_cpu/thirdparty/FindACL.cmake
index a989bf32dee..dfcaed51341 100644
--- a/src/plugins/intel_cpu/thirdparty/FindACL.cmake
+++ b/src/plugins/intel_cpu/thirdparty/FindACL.cmake
@@ -27,9 +27,50 @@ if(ARM_COMPUTE_INCLUDE_DIR OR ARM_COMPUTE_LIB_DIR)
     add_library(half INTERFACE IMPORTED GLOBAL)
     set_target_properties(half PROPERTIES
         INTERFACE_INCLUDE_DIRECTORIES ${ARM_COMPUTE_INCLUDE_DIR})
+elseif(ENABLE_ARM_COMPUTE_CMAKE)
+    set(ARM_COMPUTE_SOURCE_DIR "${intel_cpu_thirdparty_SOURCE_DIR}/ComputeLibrary")
+    set(ARM_COMPUTE_BINARY_DIR "${intel_cpu_thirdparty_BINARY_DIR}/ComputeLibrary")
+
+    function(ov_build_compute_library)
+        # build ComputeLibrary as static libraries
+        set(BUILD_SHARED_LIBS OFF)
+        # ComputeLibrary settings
+        set(ARM_COMPUTE_GRAPH_ENABLED OFF CACHE BOOL "" FORCE)
+        # disable OpenMP
+        set(OPENMP OFF CACHE BOOL "" FORCE)
+        # and use std::threads instead
+        set(CPPTHREADS OFF CACHE BOOL "" FORCE)
+        # SVE is not supported on Darwin
+        if(CMAKE_HOST_APPLE)
+            set(ENABLE_SVE OFF CACHE BOOL "" FORCE)
+            set(ARM_COMPUTE_ENABLE_SVE OFF CACHE BOOL "" FORCE)
+            set(ARM_COMPUTE_ENABLE_SVEF32MM OFF CACHE BOOL "" FORCE)
+        endif()
+
+        add_subdirectory(${ARM_COMPUTE_SOURCE_DIR} ${ARM_COMPUTE_BINARY_DIR} EXCLUDE_FROM_ALL)
+
+        add_library(ArmCompute::Half INTERFACE IMPORTED GLOBAL)
+        set_target_properties(ArmCompute::Half PROPERTIES
+            INTERFACE_INCLUDE_DIRECTORIES "${ARM_COMPUTE_SOURCE_DIR}/include")
+    endfunction()
+
+    ov_build_compute_library()
+
+    # Helpers for oneDNN intergation
+
+    set(ACL_FOUND ON)
+    set(ACL_LIBRARIES arm_compute_core ArmCompute::Half)
+
+    foreach(acl_library IN LISTS ACL_LIBRARIES)
+        list(APPEND ACL_INCLUDE_DIRS
+                $<TARGET_PROPERTY:${acl_library},INTERFACE_INCLUDE_DIRECTORIES>)
+    endforeach()
+
+    # required by oneDNN to attempt to parse ACL version
+    set(ENV{ACL_ROOT_DIR} "${ARM_COMPUTE_SOURCE_DIR}")
 else()
-    set(ARM_COMPUTE_SOURCE_DIR ${intel_cpu_thirdparty_SOURCE_DIR}/ComputeLibrary)
-    set(ARM_COMPUTE_BINARY_DIR ${intel_cpu_thirdparty_BINARY_DIR}/ComputeLibrary)
+    set(ARM_COMPUTE_SOURCE_DIR "${intel_cpu_thirdparty_SOURCE_DIR}/ComputeLibrary")
+    set(ARM_COMPUTE_BINARY_DIR "${intel_cpu_thirdparty_BINARY_DIR}/ComputeLibrary")
 
     message(STATUS "Configure to build ${ARM_COMPUTE_SOURCE_DIR}")
 
@@ -272,6 +313,8 @@ else()
     set_target_properties(arm_compute::arm_compute PROPERTIES
         INTERFACE_LINK_LIBRARIES Threads::Threads)
 
+    # Helpers for oneDNN intergation
+
     set(ACL_FOUND ON)
     set(ACL_LIBRARIES arm_compute::arm_compute arm_compute::half)