Miramonte Holdings, Miramonte Homes and Borderland Star Valley of Tucson sold 108 finished residential lots to Lennar Homes of Arizona, a subsidiary of Lennar Corporation of Florida (NYSE:LEN), for $3.024 million, or $28,000 per lot in Block 18 at Star Valley. The 55′ x 110′ finished lots are in block 18 in the Master Planned Community of Star Valley off Camino Verde and Los Reales in southwest Tucson.
Lennar is not new to Star Valley, in 2010, Lennar purchased 123 finished lots in block 13 at Star Valley for $22,500 per lot.
Lennar Corporation (Stuart Miller, CEO), founded in 1954, is headquartered in Miami, Florida and is one of the nation’s leading builders of affordable, move-up and retirement homes in communities that cater to almost any lifestyle, urban, golf course, Active Adult or suburban. Lennar offers “everything included” homes on select models.
Will White of Arizona Land Advisors in Tucson represented the seller in these transactions. Contact Lennar Homes at (480) 345-0077 . Miramonte is at (520) 747-1644. White can be reached at (520) 514-7454.