Anaverde Neuvo
Palmdale, CA
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Project Size
2,318 Units
Product Type
SFD & Multi-Family
Entitlements
SP, EIR & TTM Approved
Condition
Description
The Anaverde Nuevo Specific Plan is a masterplanned community located in the southwest region of the Antelope Valley, specifically in the desirable western foothills of the City of Palmdale, CA.
Phase 1 of Anaverde Nuevo was previously completed including 1,627 built-out residential dwelling units, along with two public parks, an elementary school, and significant infrastructure that supports the entire Specific Plan. The future phases of Anaverde Nuevo will be developed with a range of residential product types, totaling 2,318 additional dwelling units.
Additionally, there is a variety of planned complementary amenities within the Project including a community recreation center, local serving retail, RV storage, parks, trails, and vast natural open space areas.
This offering is the opportunity to purchase the entire 2,318 remaining units in the Master Planned Community, which includes 448 approved tentative map lots (Phase 2). The Seller will consider selling the 448 approved tentative map lots separate from the remainder of the Planned Community. Phase 1 of the Project has been built out in its entirety.
Highlights
- Offers a total of 2,318 units consisting of 1,320 residential units which may be optionally planned as Active Adult, 550 traditional units, and 448 approved tentative map lots.
- Some water and backbone work completed on Avenue S.
- Includes an amenity package and product mix not currently found anywhere else in the competitive market area
- The Cost to Complete per finished lot at Anaverde Nuevo will be one of the lowest in the Antelope Valley because significant infrastructure has been built in Phase 1, which will serve the balance of the Project. These improvements include off-site roadway construction, water and sewer distribution infrastructure, a water pump station and partial grading on the 448 approved lots.
- Ability to deliver new home closings in early 2023.
- With only 3 actively selling communities within the City of Palmdale, Anaverde Nuevo is perfectly positioned to take advantage of the shortage of new housing in the City.
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