TUCSON, ARIZONA (April 18, 2025) —Richmond American (Michael Del Castillo, Division President) paid just over $10,200,000 ($143,62 per lot) for 71 finished lots known as Block H of the Sycamore Canyon master-planned community in Marana. The lots are 85’ X 120’ and are set in one of the highest points of the project backing up to substantial open space and will feature wide ranging views. Construction on the lots will begin immediately.
The lots were sold by the developer, SBH Sycamore Canyon LLC an affiliate of Sunbelt Holdings (Sean Walters, President). Sunbelt Holdings continues to substantially grow its lot delivery program in Tucson with multiple, large-scale projects around the Tucson metro area.
This phase of Sycamore Canyon is elevated above the balance of the master plan. Sycamore Canyon already consists of several diverse neighborhoods, each with a distinctive character of its own. At the heart is the Village Center. It offers areas for active recreation, walking, and public gatherings, and features higher-density residential housing.
The next phase of available lots are located in the final portion of the master plan and are some of the most prestigious in the project. These lots will be available Summer 2025.
Will White and John Carroll of Land Advisors Organization in Tucson handled the transaction and are in charge of the marketing at Sycamore Canyon.
Will White commented: “We continue to see a strategic search for better shovel ready lots to enhance homebuilder business plans. This is a great example by Richmond American. These are some of the best aesthetic lots in Tucson. High desert and views of everything. Sunbelt Holdings continues to be a trusted provider of lots at the exact right time to Tucson’s homebuilders. We look excited for the next phase at Sycamore Canyon”