Harvard Investments announced the successful sale of the final residential parcel within the Verde Trails master-planned community in Avondale, Arizona. The transaction marks a significant milestone in the development of this vibrant West Valley community.
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The parcel consists of 110 single-family residential lots designed as a 6-pack cluster product on 45-foot by 55-foot lots, located at 107th Avenue and Broadway Road. The property was sold to Clayton Properties Group, Inc., doing business as Oakwood Homes, a respected builder known for quality and innovation.
Verde Trails now spans approximately 350 acres and includes 880± homes across a variety of lot sizes. A 6.5-acre commercial corner enhances the neighborhood’s retail offerings.
“The completion of this final sale in Verde Trails is a proud moment for Harvard Investments,” said Amy Weidman, Vice President of Development with Harvard Investments. “Oakwood Homes’ innovative cluster product will bring fresh energy and diversity to the community. Verde Trails has always been about thoughtful design, connectivity, and quality living. This final neighborhood continues that legacy.”
The community is distinguished by its interconnected parks and trail system, which serves as the backbone of Verde Trails. A multi-use trail links the community to the broader City of Avondale trail network, offering residents opportunities for walking, biking, and running. The central park corridor spans 9.5 acres, beginning with a 4.7-acre neighborhood park and extending to Broadway Road, creating seamless connections between neighborhoods.
Verde Trails features homes by nationally recognized builders, including Ashton Woods, Lennar, Shea Homes, Meritage Homes, and Pulte Homes, offering a wide range of designs and lifestyles for residents.
Ryan Semro and Bret Rinehart with Scottsdale-based Land Advisors Organization helped facilitate the sale.
“Harvard Investments celebrates the culmination of a thoughtfully designed and executed master-planned community that continues to thrive in the heart of Avondale,” Weidman said.
