Richmond American doubles down at La Estancia

By Karen Schutte | Real Estate Daily News

Richmond American Homes acquired an additional 90 homesites at La Estancia, a Sunbelt Holdings’ master planned community in East Central Tucson for $4.96 million ($55,125 per finished lot) or $1,225 per finished foot frontage.

La Estancia is a 565-acre residential community located along the I-10 corridor between Wilmot Road and Kolb Road, and offers residents access to the nearby Julian Wash trail system

After restocking 74 homesites at La Estancia in February with 45’ wide lots, Richmond’s current popular offering after having sold out its first 99 homesites that it began in 2017.

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