By Real Estate Daily News
MARANA, AZ (March 8, 2024) – “Well, it only took 21 years!” was Dean Wingert’s first comment when asked about selling the final lots at Gladden Farms.
Looking back from its initial sale of residential lots in 2003 through the tremendous market surge of activity in 2004-2007, then the tough years of the Great Recession, followed by a steady recovery since 2014, the Gladden Farms master-planned community has reached its final land sale within the 1,400-acre development in Marana, just west of Interstate 10 at Tangerine Road.
D.R. Horton purchased the final 157 lots on February 29, 2024, for its Coronet at Gladden Farmsneighborhood. This marks D.R. Horton’s first development within the master plan. These final 157 lots sold for $15,954,600 ($101,621 per lot).
Over those 21 years, Dean Wingert, Vice President of Crown West Land Group, has overseen the sale of 3,730 residential lots, 100 acres of commercial land, 30 acres of multi-family land, and two public school sites.