Press Releases
D.R. Horton to Bring 143 Residential Units to Fontana, CA
Lytle Creek represents a residential development opportunity in one of the most active submarkets within the Inland Empire.
Fontana, California (September 21, 2023) – Land Advisors Organization is pleased to announce the sale of Lytle Creek to D.R. Horton. The future community on ±11.27 gross acres consists of two product lines totaling 143 residential units located southeast of Beech Avenue and Sierra Lakes Parkways in the City of Fontana. D.R. Horton closed on an approved tentative tract map with final engineering in process.
Lytle Creek presents an exceptional opportunity to develop both an attached and detached product line in one of the most active submarkets in the Inland Empire. There are currently 21 actively selling communities in Fontana ranging from attached courtyard cluster units to luxury residences situated on generous 10,000 square foot lots. This diversity in product offerings ensures flexibility in meeting the preferences and requirements of potential homebuyers.
While the builder competition is great in the City of Fontana, demand remains strong with an average absorption rate over four homes per month per community. Lytle Creek is exceptionally positioned to capture the robust demand from a diverse buyer pool. In addition, Lytle Creeks offers the advantage of freeway visibility which only enhances its marketing potential. It will meet the demand for new housing by delivering attached and detached residence at attainable prices.
Doug Jorritsma and Ian Sinderhoff with Land Advisors Organization’s West San Bernardino Team represented the seller in this transaction.
About Land Advisors Organization
Founded in 1987, Land Advisors Organization is the nation’s largest land brokerage firm specializing in providing deep market insights to landowners and purchasers for the most comprehensive and effective evaluation of land in markets across the country. By integrating current local market information with cutting-edge technology and geographically specialized professionals, Land Advisors Organization advises clients in identifying and capitalizing on valuable land opportunities in all economic environments. Land Advisors Organization serves landowners and purchasers from offices in Phoenix, Tucson, Casa Grande, and Prescott, Arizona; Irvine, San Francisco, Century City, Pasadena, Roseville, and San Diego, California; Orlando, Jacksonville, and Tampa Bay, Florida; Atlanta, Georgia; Charlotte, North Carolina; Nashville, Tennessee; Boise, Idaho; Las Vegas, Nevada; Albuquerque, New Mexico; Austin, Houston and Dallas-Fort Worth, Texas; Salt Lake City, Utah; Kansas City, Kansas; and Seattle, Washington. Stay connected with us on Twitter, Facebook, and LinkedIn.
Media Contacts
Land Advisors Organization
Lindsey Boulé
lboule@landadvisors.com