April 26, 2024 9:14 pm
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Richmond American Homes restocks 74 lots at La Estancia Tucson

By Karen Schutte | Real Estate Daily News

Richmond American Homes has acquired an additional 74-lots at La Estancia for $4.023 million ($54,360 per finished lot). The 45’ wide lots are the next phase of current offering with Richmond that is priced at $1,208 per finished lot frontage.

Richmond is finishing its first 99-lots that started in 2017, and this is the second phase of an option agreement with Sunbelt Holding, the developer of La Estancia.

La Estancia, a 556-acre master planned community, offers master-planned living in this prime southeast submarket. Centrally located just off of I-10 and Wilmot Road and nearby some of Tucson’s most prominent employment centers including Raytheon Missile Systems, Davis Monthan Air Force Base, U of A Tech Park and the Tucson International Airport. Residents benefit from community amenities including a sparkling pool, splash pad, shaded ramadas and play equipment, ready for use.

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