MARANA, AZ (September 30, 2025) — Richmond American Homes of Arizona has made another decisive move in the Northwest Tucson housing market at Saguaro Reserve at Dove Mountain, acquiring more than 100 residential lots in the Saguaro Reserve subdivisions at Dove Mountain.
On September 4, Richmond American closed on two related transactions totaling $7.73 million, securing 118 platted and engineered lots across Saguaro Reserve II and III.
The first purchase involved 34 lots in Saguaro Reserve III for $2.55 million, or roughly $75,000 per lot, from Pusch Ridge Christian Academy, Inc. The 50.27-acre site, located along West Saguaro Perch Way, was sold as a fully engineered and platted subdivision intended for single-family home construction…