VAIL, Arizona — WAA GST Exempt Trust (April Worden, Trustee) purchased block 40 at Rancho del Lago from RMG Vail LLC for $535,350. The 4.5 acre site fronts on Rancho del Lago Blvd. in the master planned golf community of Rancho del Lago. The buyer intends to develop a community of 40-50 rental homes, in the under served market for rentals in the Vail area.
Rancho Del Lago is a Master Planned Community built in Vail, Arizona. Located north of I-10, Rancho Del Lago has homes for every lifestyle, including First-time Buyers, Families, Luxury Home Buyers, Retirees and Snowbirds. Some Residents come for the Del Lago Golf Course but most love the open spaces, mountain views and the great community that is Rancho Del Lago. Conveniently located in North Vail, Rancho Del Lago’s Clubhouse and Restaurant are a focal point for events and local activities. The Median Price of homes for sale in Rancho Del Lago is about $225,000. The highest priced homes are located in Rancho Del Rincon which feature homes on One Acre Lots, and Wingview, a gated community that is especially popular with snowbirds, retirees and mature families. Rancho Del Lago also boasts an Active Adult Community, Del Webb of Pulte homes.
For more information: https://www.ranchodellago.com/
Randy Emerson of GRE Partners, LLC represented the Seller and can be reached at 520.396.4812.
To learn more, see RED Comp #7538.