Insight Homes Buys Oro Valley Land for 30-Lot Residential Project

ORO VALLEY, AZ (June 9, 2026) — Insight Homes, a premier Tucson-based home builder with a legacy of craftsmanship and innovation dating back to 1980, is proud to announce its newest community — North Ridge Estates — a gated enclave of custom homes nestled in the heart of Oro Valley, Arizona.

Insight Investment Company purchased approximately 36.44 acres of vacant residential land at the southwest corner of North La Cañada Drive and West Moore Road in Oro Valley for $3,525,000. The sale equated to approximately $96,734 per acre or $117,500 per lot, based on a preliminary plat for 30 single-family residential lots. The property is located at 12701 N. La Cañada Drive in Oro Valley’s northwest submarket.

Insight HOmes

North Ridge Estates offers discerning buyers the rare opportunity to own a finely appointed custom home on generous homesites, several of which exceed one full acre in size. The gated community reflects Insight Homes’ commitment to delivering a lifestyle that blends privacy, elegance, and quality construction.

Insight Homes has established itself as a trusted name in Tucson real estate by offering unique, energy-efficient new construction homes paired with a level of personal service rarely found in today’s market. The company’s dedication to excellence is evident in its previous work at La Canada Ridge, a community of 30 semi-custom homes situated directly adjacent to North Ridge Estates.

Mike Jones, founder and owner of Insight Homes, has been building homes in Tucson since 1980 and remains deeply committed to the community.

“Insight Homes continues to grow alongside the Tucson community,” said Jones. “North Ridge Estates represents everything we stand for — quality, craftsmanship, and homes built to last.”

The seller was The Estate of Dewanne D. Hopson.

According to the broker, the property was annexed into Oro Valley, master-planned, rezoned, and engineered with a preliminary plat over approximately three and a half years, beginning in September 2022, at the buyer’s cost and expense. The preliminary plat includes 30 lots on the 36-acre site.

The transaction highlights continued builder interest in Oro Valley and the northwest Tucson area for residential land, where entitled and engineered sites remain limited and difficult to assemble. The La Cañada and Moore Road location places the property near established Oro Valley neighborhoods, schools, services, and major northside transportation corridors.

Roger Breckenridge of Long Realty represented the seller. Ben and Adam Becker of CBRE Tucson represented the buyer.

For more information, Breckenridge can be reached at 520.918.5813. Ben Becker can be contacted at 520.323.5149, and Adam Becker at 520.323.5188.

The sale closed on May 28, 2026.

Source: RED Comp #12519

Lennar Expands at Star Valley with $7.9 Million Lot Purchase

TUCSON, ARIZONA (June 5, 2026) – The Star Valley master-planned community continues to be the go-to destination for homebuilders in Tucson’s southwest submarket. Lennar Arizona, LLC has closed on an additional 85 finished lots, advancing its existing program within the master plan. The builder paid $7,905,000 ($93,000 per lot) for the finished lots.

The seller in the transaction was GAC Star Valley, LLC, a partnership managed by Sunbelt Holdings, including Rick Andreen and Mike Geddes of Scottsdale. Sunbelt Holdings has become one of the most active master developers in the Tucson region, delivering a significant share of the market’s new finished lots annually. In addition to Star Valley, their portfolio includes well-known communities such as La Estancia, Red Rock Village, Sycamore Canyon, Monarch in Marana, and Camino Verano. Star Valley alone has delivered more than 1,500 lots to homebuilders in the past 48 months.

The project was initially acquired by Geddes and Andreen of Scottsdale in 2019, who later partnered with Sunbelt Holdings to develop the balance of the community. The 85 lots purchased by Lennar are 40′ x 115′ in Block 3, Phase 2. Star Valley’s near-term focus will be preparing additional plats for delivery to the community’s homebuilders later in 2026.

The transaction was brokered by Will White and John Carroll of Land Advisors Organization in Tucson. Land Advisors Organization has the marketing assignment at Star Valley.

“Star Valley continues to be a reliable source of lots for Tucson’s homebuilders in the southwest submarket, White commented. “Lennar has been a consistent and strategic partner in the master-plan, and this transaction reflects that ongoing commitment.”

For more information, contact White and Carroll at 520.514.7454.

Larsen Baker Partnership Acquires Rancho Vistoso Center in Oro Valley for $10.6 Million

ORO VALLEY, ARIZONA (June 5, 2026) — Larsen Baker, through its affiliate Vistoso Investment Partners, LLC, in partnership with Vistoso People, LLC as tenants in common, has acquired Rancho Vistoso Center, an 83,464-square-foot retail shopping center located at 12925–13005 N. Oracle Road in Oro Valley.

The property sold for $10.6 million, or approximately $127 per square foot, at an 8% cap rate based on the existing net operating income. The center is located on approximately 10.96 acres at the northeast area of Oracle Road and Rancho Vistoso Boulevard in Oro Valley’s northwest submarket. The property was built in 1995 and is zoned PAD, Planned Area Development.

Rancho Vistoso Center is anchored by Harbor Freight, Chase Bank, and Walgreens, along with a mix of national and local tenants. The center includes addresses at 12925, 12985, 12995, 13005, and 13023 N. Oracle Road.

The project also includes 18,000 square feet of available junior anchor space with a 22-foot clear height. The space may be leased as a single junior anchor space or divided into smaller shop spaces.

The seller was WCP Rancho Vistoso, LLC, c/o West Coast Capital Partners of Scottsdale. The buyer was Vistoso Investment Partners, LLC and Vistoso People, LLC, c/o Larsen Baker, LLC of Tucson.

Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the buyer. Pat Dempsey with JLL represented the seller.

For leasing information, contact Isaac Figueroa of Larsen Baker at 520.296.0200 ext. 218.

The sale closed June 1, 2026.

Source: RED Comp #12525.