Closed! KB Home Acquires 173 Lots Across Two Communities in Menifee and Winchester, CA.

Brian Carricaburu, Founding Principal, and Andrew Sinderhoff, Senior Vice President of Land Advisors Organization’s Riverside County team represented both the seller in this transaction.

KB Home has increased their presence in the red-hot markets of Menifee and Winchester, CA with their recent acquisitions of Phase 1 at Nautical Cove and Phase 2 of Canterwood. Both communities, located about 1 mile apart, are rare builder ready deals that can achieve 2025 homes closings.  Land Advisors Organization’s Brian Carricaburu and Andrew Sinderhoff, representing the Seller, successfully facilitated the sale of both transactions.

Located in the City of Menifee, Nautical Cove Phase 1 consists of 120 single-family detached lots with a minimum lot size of 6,000 SF and is a beautifully planned community with a +/-12 acre lake as its focal point. The lake will feature a comprehensive trail system including paths around the lake with frontage for many of the residential lots.  KB Home is scheduled to close the remaining 113 lots in the project in 2025.

Located in the Unincorporated Riverside County known as Winchester, Canterwood Phase 2 consists of 53 single-family detached lots (5,500 SF).  The new community of Canterwood features a +/-9 acre Community Park with active amenities such as lighted soccer and baseball fields, basketball court, tot lot and open turf play areas. KB Home is scheduled to close an additional 94 lots within Canterwood in 2025.

With these two acquisitions, KB Home refreshes their pipeline of lots in the Menifee and Winchester, two of Southern California’s fastest growing submarkets known for their robust residential development.  Both properties are ideally positioned to help meet the increasing demand for new housing in a region peppered with new schools, an abundance of shopping destinations, and home affordability.

Additionally, both communities will be serviced by the Menifee Union School District, the second highest-ranked school district in Riverside County, ensuring top-tier educational opportunities for future residents. Future residents will attend the newly opened Liberty High School with is located less than a mile from the communities.

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