• Arizona
  • Thursday , Feb 1 , 2018

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San Tan Valley Area Information

1 minute reading time (151 words)

The Land Agency Closes 399 Finished Homesites in San Tan Valley

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The Land Agency, an Arizona-based land brokerage firm, announced the successful closing of 399 finished homesites in the Magic Ranch subdivision in San Tan Valley, AZ. Howard Weinstein and Patty Lafferty of The Land Agency represented the seller Communities Southwest and Starlight Homes was the buyer. The price for the transaction was approximately, $20,000,000.00 dollars.

Magic Ranch is located south and east of Hunt Highway and Arizona Farms Road. The San Tan Valley location has been a sales hot spot for entry level priced new home communities.

Weinstein, Founding Principal, noted, "We are thrilled to be a part of this transaction in the San Tan Valley submarket. This closing represents some of the last remaining finished homesites in San Tan Valley, which were left over from the Housing Recession."

Starlight Homes has built other subdivisions in San Tan Valley including San Tan Ridge and The Parks.
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