Toll Brothers Return Buys 72 P&E Lots at Dove Mtn. for $6 Million

toll brothersMarana – Toll Brothers AZ Construction Company of Scottsdale (Jeff Nielsen, Land Acquisition) has purchased 72 P&E lots at Los Saguaros at Dove Mountain in Marana for $5.994 million ($83,250 per lot). The lots are 72’ x 140’ and 90’x 140’ in size. The seller was Tortolita Properties, LLC of Scottsdale (Art Powell, manager).

Toll Brothers hope to open this new development as early as October 2014.

Neilsen told us that Toll Brothers has been out of the Tucson market since 2007. “We’re excited to be back,” Neilsen said. “Marana was very easy to work with and business friendly, and we are liking the opportunities we see in the region.”

Toll Brothers is a publicly owned company listed on the New York Stock Exchange (NYSE:TOL). A FORTUNE 1000 Company it ranked #1 in 2011 and 2010 in Financial Soundness, Long-Term Investment, and Quality of Products/Services in FORTUNE magazine’s annual World’s Most Admired Companies survey in the home building category. The company has won the three most coveted awards in the home building industry: America’s Best Builder, National Builder of the Year, and the National Housing Quality Award.

dovemountainToll Brothers believes that preserving the natural environment is an integral part of creating a community you’d be proud to call home. That means everything from environmentally sensitive planning to energy-efficient home design. Nationwide, Toll Brothers partners works with conservation groups such as the National Wildlife Federation and Audubon International. In addition, the homes they build are designed to harmonize with the scenic beauty of the surrounding landscape, preserving as much open space as possible, incorporating and even restoring the existing hills, trees, and ponds. Their homes include numerous green features that help to minimize impact on the environment. Going green with Toll Brothers means saving money, making a difference, and maximizing the quality of life.

Toll Brothers is currently building in 19 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Pennsylvania, Texas, Virginia, and Washington.

The company is also looking for more opportunities in the area.

Nielsen can be reached at (480) 596-5815

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[mepr-show rules=”58038″]Sale date: 3/27/2014. Down payment: $1 million with seller carry back for balance. Lots 62-133 Los Saguaros at Dove Mountain sequence No. 20121640199. APN: 218-37-139 thru 210.[/mepr-show]

Maracay Continues Building at the Preserve Dove Mountain

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Maracay continued to build at The Preserve at Dove Mountain IV in Q2, taking down eight finished lots for[mepr-show rules=”58038″]$452,000 ($56,500 per lot) from Miramonte at Dove Mountain. Average lot size runs 6,228 sq. ft. in the Preserve.

Dove Mountain Master planned community is over 6,200 acres of foothills, canyons and mountainside living in the Tortolita Mountains, just north of Tucson, in Marana. It is a golf resort community that Cottonwood Properties started development of in 1996; today there are more than 3,000 homes within the community’s distinctive neighborhoods.

Dove Mountain is the home of the World Golf Championships-Accenture Match Play Championship. Each February, the top 64 players in the world compete on the Jack Nicklaus Signature golf course at The Ritz-Carlton Golf Club in Dove Mountain.

Maracay Homes is an Arizona-based builder and a member of the Weyerhaeuser Real Estate nationwide family of companies. For the past 20 years, Maracay Homes has been an Arizona real estate industry leader in providing homebuyers with smart choices that serve both their lifestyle and the environment. Having constructed more than 7,000 homes for families throughout Arizona, it is the only builder in the state to offer both a 2-year, door-to-door warranty (including appliances) and a 10-year structural warranty.

Maracay Homes’ exclusive FlexDesign® program gives homebuyers the unique ability to tailor their new home to the life they want to live. These Energy Star® certified homes feature the latest generation of high-efficiency technologies and sustainable building materials and practices. Our LivingSmart® program continues this comprehensive approach to green living through responsible development, water and energy efficiency, and designs and features that maximize both comfort and conservation.

A recipient of numerous quality and design awards, Maracay Homes was honored with the prestigious 2011 Builder of the Year Award from the Southern Arizona Home Builders Association (SAHBA).

Will White of Land Advisors Organization of Tucson represented the seller. The option for 130 lots began in January, 2011.

Maracay Homes at the Preserve at Dove Mountain should be reached at (520) 572-2028 and White can be contacted at (520) 514-7454.[/mepr-show]


Login for additional sales information. [ismember]Additional information on this subdivision: Gross area is 88.1 acres; with 130 SFR lots, the gross density is 1.47 RAC. Zoning is SP, Marana LDR which allows for medium density. Lots sold as follows: 4/1/2013, $113,000 for lots 503 & 529; 4/12/2013 $56,500 for lot 541; 5/17/2013, $169,500 for lots 494, 526 & 528; 6/17/2013, $113,000 for lots 536 & 544. These four documents were combined in this article and total $452,000.[/ismember]