Landsea Homes Closes on 90 Homesites for a New Community in Mesa

The New gated community will be called Circlestone, High-Performance single-story and two-story homes will begin selling next year

Mesa, AZ. (April 19, 2024) – Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today that it has closed on 90 homesites in Mesa, Arizona, for a new community called Circlestone.

“We’re excited to expand our presence in the city of Mesa with the closing of these 90 new homesites,” said Heather Cammiso, Arizona Division President, Landsea Homes. “Circlestone will provide both single-story and two-story home floorplans to meet various lifestyle needs. Mesa is a desirable place to live with its warm weather, affordable living, great schools and employment opportunities along with various recreation activities. We look forward to bringing more of our High Performance Homes to homebuyers in Mesa next year.”

Located on more than 14.5 acres at Northwest Corner Loop 202 and University Drive in Mesa, Circlestone will consist of 90 single-story and two-story floorplans ranging from 1,400 to 2,600 square feet. Land development will begin next month, and sales are expected to begin in June 2025.

Residents of Circlestone will enjoy various amenities, including a pool, pool house, and pickleball courts.

All Circlestone homes will contain Landsea Homes’ renowned High-Performance Home features, including smart home automation technology utilized by the Apple HomeKit™ environment and energy savings to make life at home healthier and more comfortable. The smart home automation features include an Apple® HomePod mini™, wireless network Internet throughout the home, entry door locks, thermostat control, garage door opener control, light dimmer switches, doorbell camera pre-wire, and smart home activation via Best Buy’s Geek Squad.

Located just outside of Phoenix and Tempe, Mesa is Arizona’s third-largest city. It offers an affordable cost of living, top-rated schools, and amazing outdoor recreation. One of the largest industries in the area is aerospace, with companies like Marsh Aviation headquartered in the city. Mesa Unified School District is the largest school district in Arizona.

Landsea Homes is currently selling homes in two neighborhoods in the Eastmark master-planned community, also in Mesa.

Last month, Landsea Homes closed on 545 additional homesites at the Wildera master-planned Pinal County, Arizona community.

For more information about Landsea Homes communities in Arizona, visit: https://landseahomes.com/arizona/.