PINAL COUNTY, ARIZONA — Lennar purchased an additional 102 lots in the Red Rock Village MPC for $4.59 million ($45,000 per finished lot). The lots are 40’ X 115′ and are Lennar's first purchase in the Red Rock Village community. The lots were purchased from Sunbelt Holdings. Sunbelt acquired the remaining 680-acres within the 1,000-acre Red Rock Village master planned community in 2018 and are now well underway with the project’s development, with an estimated 2,500 lots remaining to be developed.
Lennar will join Richmond American Homes who announced the grand opening of Seasons at Red Rock Village in the Fall of 2020.
Located in Pinal County, Red Rock Village includes an expansive amenity offering for residents including a 14-acre community park featuring a private water park, lap pool, basketball court, baseball field, children’s play area, picnic and shade ramadas, hiking and biking trails, and open space. The community is also home to the K-8 Red Rock Elementary school. Additional neighborhood parks are planned for future growth areas within the community.
The community is a 10 minute drive north of Marana and conveniently accessed at the Red Rock interchange along I-10. The community has over 850 homes constructed to date, and Sunbelt Holdings continues to prepare several new subdivision plats into 2021 showcasing 40′ and 45′ lots. These lots are currently under contract and Sunbelt Holdings will be announcing additional homebuilders in the next few months. Land Advisors Organization is handling the marketing of the lots at Red Rock Village.
Will White and John Carroll of Land Advisors Tucson handled the transaction.
White commented, “Red Rock Village's momentum is impressive going into 2021. We anticipate continued focus on this project from the region's homebuilders due to its availability of infrastructure and approved plats. The strong lot buying activity is being supported by the growing demand from homebuyers from both Tucson and Pinal County."
For more information, White and Carroll should be reached at 520.514.7454.