Just as the Gladden Farms Elementary School opened for classes this week, Lennar Homes purchased 60 SFR lots at Homestead at Gladden Farms for $2.64 Million ($44,000 per lot) from Crown West Realty (Dean Wingert, member). Richmond American Homes and Lennar will both be building at this subdivision, called Homestead.
Gladden Farms is a 1,350-acre master planned community in northern Marana, just west of Interstate 10 between Tangerine and Moor Roads. There are currently 1,300 SFR homes built in Gladden Farms and 277 lots currently under development. With four homebuilders active in the community, makes it is one of the most active communities in the Northwest submarket.
KB Homes at Somerset at Gladden Farms is down to its last five lots of 148 homesites. Meritage Homes at Compass Pointe at Gladden Farms has 89 homesites; while Richmond American with 58 homesites and Lennar with its newly acquired 60 homesites at Homestead at Gladden Farms under development, round out the home builders in Gladden Farms.
Plans call for a total of approximately 3,600 homes with a price range of $180,000 to $400,000. With approximately 320 acres set aside for parks, open areas, trails and the Gladden Farms Elementary School. Located in the Marana Unified School District, the school is open for grades K-6 and is the first computer science immersion school in Arizona.
Currently, Gladden Farms offers over 105 acres of parks and open space and 8-miles of landscaped trails which connect to the major regional Santa Cruz River Linear Park system. Future phases will further expand the park areas and trail systems along with additional recreational, picnic, and sports facilities throughout the community.
The 16-acre Gladden Farms Community Park includes Little League fields, soccer fields, restroom facilities, shaded picnic areas, separate play structures for elementary age and older children and the largest splash pad in Southern Arizona with restrooms, shaded seating and drinking fountains. A pedestrian underpass under Tangerine Farms Road takes pedestrians and bicyclists safely to the park, bypassing the major intersection.
The Marana Heritage River Park hosts 40 community garden plots for residents, a ramada pavilion and grill, and a wedding and event venue. Over 45 acres of additional land have been deeded to the Town of Marana for their planned Heritage River park improvements, which will create Maranas’s largest regional recreation and event facility. Marana’a Annual Cotton Festival is held at the Heritage River Park every October.
Designated commercial development areas will include a grocery store, retail stores, a medical campus, office buildings and other services.
Will White and John Carroll of Land Advisors in Tucson handled the Lennar transaction for the seller.
For more information, White and Carroll should be reached at 520.514.7454.
To learn more see RED Comp #4068.