The New Home Company (NYSE: NWHM) on Tuesday announced the opening of Belmont, a collection of 53 spacious single-family homes within the master-planned community of Somerset in Gilbert, Arizona. A model home Grand Opening is planned for Saturday, August 18, 2018.
The homes of Belmont, which are surrounded by a working farm and adjacent to the LDS Gilbert Temple, are NEW HOME’s first to debut in the Phoenix area’s southeast valley. They feature European-influenced single-story homes, some with “pop-up” options for a partial second story. Architectural styles include Spanish, French Country, Farmhouse and Desert Prairie. These expansive homes, designed by Bassenian Lagoni Architects, offer three to seven bedrooms, three and one-half to five and one-half bathrooms, three to four-car garages and up to 5,295 square feet of living space. The homes are priced from the low $700,000s and the community’s successful pre-opening campaign has already resulted in what the company terms “numerous” sales.