Marblehead Gets Going Again
Early last year, Marblehead, a coveted piece of coastal California real estate located in San Clemente, traded hands from Lehman Brothers Holdings to merchant-builder Taylor Morrison in a deal valued in excess of $200M. Once a victim of the housing downturn, the moth-balled project is springing back to life with model home completions and sales activity set to begin this summer and move-ins to take place by the end of the year. The 248-acre luxury housing project, branded as Sea Summit at Marblehead, will have sale prices starting at just under $1M and topping out north of $3M. At build-out, the project will consist of 309 homes.
About author
You might also like
543 new homes in Lake Forest: The builder’s story
Meet the chief of Landsea Homes, making its first mark in local homebuilding in the rugged foothills of Lake Forest.
Top-Selling Master-Planned Communities: Preview
RCLCO’s Master-Planned Community Survey is the longest running in the industry, and as such benefits from our unique and exhaustive historical perspective. Every year since 1994, RCLCO has conducted a
Horton Picks Up 20 Lots in West Hills
DR Horton acquired 20 unimproved lots in the West Hills section of the San Fernando Valley. The lots will average approximately 5,000 square feet in size with home sizes averaging