MARANA, Ariz. (August 8, 2025) – Meritage Homes has purchased Block 3, Phase 4 at Remington Ranch, acquiring 91 platted and engineered lots in a transaction that closed on July 25, 2025. The property is located on Clark Farms Boulevard, east of Sanders Road in Marana. The homebuilder bought the property from AMH Remington Ranch Development TRS, LLC for a total of $5,693,448 ($61,576 per lot).
The purchase expands Meritage’s footprint in Marana, with communities in Gladden Farms, Rancho Marana, and Mandarina, further solidifying its presence in one of the region’s most active residential growth corridors. As shovel-ready lots become increasingly more difficult to secure in Tucson, this acquisition provides Meritage with an efficient, ready-to-develop parcel that benefits from completed engineering and infrastructure in place.
Meritage Homes has steadily grown its market share in the Tucson metro area, with multiple active communities and additional projects in the pipeline. Meritage has stayed active in acquiring land for new projects aimed at meeting ongoing buyer demand for well-located single-family housing.
The seller originally acquired the land to develop a 435-lot build-to-rent community in 2021 and is now divesting a portion of those lots.
Will White and John Carroll of Land Advisors Organization brokered the transaction.
“Meritage has done a great job in consistently understanding the market in Tucson and moving quickly on good opportunities in better locations,” White commented. “This is another example of that.”
For more information, White and Carroll should be reached at 520.514.7454.
Source: RED Comp #12016.