Harvard Investments announced that D.R. Horton has acquired the final residential lots at Lucero, the newest village within Estrella, purchasing 232 homesites on approximately 90 acres. The sale price was $32,712,000, according to Vizzda.
The transaction marks the completion of residential lot sales within Lucero and represents another significant milestone in the continued growth of the award-winning master-planned community. The acquisition further strengthens D.R. Horton’s presence in the West Valley and reflects sustained demand for new housing opportunities in one of Arizona’s fastest-growing regions.
D.R. Horton officials anticipate opening model homes and offering homeownership opportunities in fall 2027. The neighborhoods will feature a variety of single-story and two-story homes with diverse floor plans ranging from approximately 1,300 to 2,400 square feet, designed to accommodate a wide range of homeowner needs and preferences. D.R. Horton has previously developed at the Village of Lucero.
“With the purchase of the final residential lots by D.R. Horton, we are seeing years of planning and investment come to fruition as Lucero attracts leading homebuilders and home buyers seeking a place to call home and an exceptional lifestyle within Estrella,” said Roger Theis, Vice President of Harvard Communities…