Pulte Homes bought 20.6 acres of land in Glendale for $4,400,000, according to the commercial real estate tracking website Vizzda. The cost of the land, located at the southeast corner of 91st Avenue and West Cardinals Way in Glendale, breaks down to $213,592.23 per acre.
The seller was John F. Long Properties.
The land is part of the Stonehaven development in Glendale. The land is part of the 112-lot single-family residential subdivision.
The brokers on the deal were Bret Rinehart, Ryan Semro, Ben Heglie, and Greg Vogel of Land Advisors Organization.