The Land Agency, an Arizona-based land brokerage firm, announced today the successful closing of 399 finished home sites in Magic Ranch, Pinal County, AZ. The buyer was Starlight Homes.
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 million.
Magic Ranch is located south and east of Hunt Highway and Arizona Farms Road. The Pinal County south 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 South Pinal San Tan Valley submarket. This closing represents some of the last remaining finished homesites in the San Tan Valley, which were left over from the Housing Recession.”
For additional information regarding this transaction, contact Howard Weinstein at howard@tlaaz.com or at 480-248-6138.
The Land Agency is an Arizona-based land brokerage firm exclusively representing some of the largest
homebuilders, developers, investors, landowners, farmers and lenders within Phoenix metropolitan area.
