By Edward Gately | The Arizona Republic
Developer Lyle Anderson is ready to lead the resurgence of the high-end housing market with his latest residential community amid the natural desert in north Scottsdale.
Sierra Reserve will encompass 223 acres surrounded by more than 36,000 acres of permanent open space in the McDowell Sonoran Preserve, at 118th Street and Dynamite Road. It will include about 250 residences and the far northern portion of the acreage will house a boutique resort.
“We’ll start construction of the houses sometime this fall,” Anderson said. “We actually have right now people who are expressing interest and are getting on the priority list. We feel there is a pent-up demand for this kind of product, new with all the modern technologies that are available.”
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