ORO VALLEY ARIZONA — Meritage Homes of Arizona purchased 73 acres, platted for 79 SFR lots at The Villages at Silverhawke in Oro Valley for $5,055,300 ($64,000 per lot). The platted lots were approved and part of a rolling option that began in 2017.
The Villages at Silverhawke is located in the heart of Oro Valley with impeccable Catalina Mountain views at the southeast intersection of First Avenue and Tangerine Road. This project’s total area is approximately 130 acres and consist of 179 lots with buildable lot dimensions of 55’ x 120’ and 65’ x 120’.
Within the vicinity are several parks, including the popular: Wildlife Ridge Park, scenic Hohokam Park, and the Woodshade Linear Trail located off of Rancho Vistoso Boulevard, offering residents many options for their lifestyles. The Villages at Silverhawke project has been an opportunity to Meritage Homes’ products offerings to further diversify in the highly desirable Oro Valley submarket.
The seller, Capri Company of Tucson (Herb Kai, manager) was represented by Greg Wexler and James Kai, CCIM, of Wexler and Associates in Tucson.
For additional information, Wexler and Kai can be reached at 520.977.8500.
To learn more, see RED Comp #7662.