MARANA, ARIZONA -- Meritage Homes closed on 81 lots (45'X120') in Block 27 of Gladden Farms for $4,228,400 ($52,200 per finished lot). The lots were purchased from Gladden Phase II, LLC (Crown West Land Group, Dean Wingert, Vice President).
Gladden Farms is a 1,350-acre master planned community in northern Marana, just west of Interstate 10 between Tangerine and Moore Roads. The master-plan has been a top performing community in the Tucson area for many years and is one of the most active projects in the Northwest Tucson submarket. The community is home to 5 builders, Meritage Homes, Richmond American, Lennar, Pulte, and KB Home.
Will White and John Carroll of Land Advisors Organization in Tucson handled the transactions and have the marketing assignment on all of Gladden Farms.
“Meritage has built and sold successfully in the Gladden Farms community for several years and will be re-supplying 45’ wide lots as replacement to their current Tribute community which is nearing sellout," said White. “The sale is the latest in a series of new lot closings in the Gladden Farms MPC over the past 45 days.”
On August 6, Pulte Home Company closed on 96-lots at Gladden Farms. See Real Estate Daily News article here.
For more information, White and Carroll should be reached at 520.514.7454.