Rosewood Homes has been active in the Scottsdale, Ariz. market and last week closed escrow on a 21-acre parcel there. The site is planned for a gated-community, Rosewood Ranch Estates, where the Arizona-based firm will develop 17 lots ranging from 0.75 acres to 1.5 acres.
Rosewood will offer five single-story floor plans ranging from 4,020 square feet to over 5,000 square feet, plus courtyards with disappearing glass walls, three- and four-car oversized garages, and authentic architectural detailing.
Pre-sales are expected to start later this year with model grand opening anticipated in the first quarter of 2019. Prices will starts in the high $900s.
The site is located nearby two other Rosewood communities – Sierra Boulders, which was completed in 2016, and Sierra Highlands, which has sold 24 of its 25 homes with prices ranging from the low-to-mid $1 millions.
Rosewood also recently commenced development on its new 61-home Rosewood Golf Villas along the Golf Club at Estrella in Goodyear, Ariz.
