(Disclosure: Rose Law Group represents Lennar.)
By Real Estate Daily News
Tucson, ARIZONA — Lennar AZ closed on another 164 lots in the Rocking K MPC in Vail. The paper lots were purchased for $11,726,000 ($71,500/Lot). The land was purchased from Rocking K Development Co. (Diamond Ventures, David Goldstein, President)
The lots are 55’ X 120’ and located in the Mountain View neighborhood. The new lot size will add an additional lot size segment for Lennar. The latest purchase also positions them as one of the largest homebuilders in the master-plan. Lennar currently is building on 45’ lots in the gated Silver Ridge and 65’ lots in Wildflower Estates, which will include homes with RV garages. All three Lennar neighborhoods within the master-plan offer incredible views of the Rincon Mountains.