Mattamy Homes buys 85 acres in San Tan Valley for $20.56M
AZRE
Mattamy Homes, North America’s largest privately owned homebuilder, announced that it has closed on a land purchase in San Tan Valley in the coveted San Tan Heights master-planned community. The 85-acre property, purchased for $20.56 million, is final platted for 324 home sites. Mattamy’s new community will be known as Pinnacle at San Tan Heights.
“We are pleased to continue to expand our presence in the Easy Valley and complement the beautiful and inviting San Tan Heights community,” said Don Barrineau, President of Mattamy’s Phoenix Division. “The North San Tan Valley/South Queen Creek submarket continues to experience tremendous growth as home buyers seek out flexibility and more affordable housing options. Everyone at Mattamy is looking forward to making our thoughtfully planned floorplans and community amenities available to buyers in this amazing location.”
