KB buys in Oro Valley area

Photo Courtesy of KB Home

By Karen Schutte | RED News

TUCSON, ARIZONA (June 23, 2023) – KB Home closed on 19.07 acres northeast of Oro Valley for a new 91-lot subdivision called Wildflower Reserve.

The purchase price for the acreage was $3,185,000 ($167,000/ acre – $35,000 per tentative lot). The property was zoned with a tentative plat for 91 tentative homesites, sized 40’x120’.

The transaction closed on June 20, 2023.

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