Largest Land Sale in Simi Valley Since 2014!
Land Advisors Organization is pleased to announce the largest land sale in Simi Valley since 2014: The Enclave. The Property, which consists of 164 residential lots, was purchased by national public homebuilder Lennar. Randy Coe and Chris Gomez-Ortigoza of Land Advisors represented the Seller, an affiliate of Province Group, in the transaction. Province Group is a premier real estate investment and development firm based in Newport Beach, CA. The final terms of the transaction are confidential.
“The Enclave will be comprised of both two and three-story homes with product types ranging from townhomes to single family residences. The community will also feature resort-style amenities for its residents including a community pool, multi-use plaza, community pocket parks, bocce ball, and private rear yards. The KTGY-designed project features a well-conceived land plan, individual private yards, a community pool, pocket parks and 2-car garages. A majority of the homes will be priced within FHA loan limits.” says Chris Gomez-Ortigoza, Vice President at Land Advisors.
The Enclave’s location boasts an unmatched walkability and encourages an active lifestyle that is sought after by all homebuyers, including millennials with young families and retired empty nesters. Randy Coe, Senior Vice President at Land Advisors concludes, “The Enclave will provide an exceptional housing opportunity in the Western Los Angeles County & Eastern Ventura markets, especially in such a supply-constrained area of Simi Valley and will offer residents of all ages a highly-amenitized, well-designed, walkable community.”
Land Advisors Organization represented the Seller, an affiliate of Province Group, in this transaction.