Estrella Partners, comprised of Harvard Investments, Toll Brothers, and Värde Partners, announced that Taylor Morrison closed on 20.37 acres in Lucero at Estrella in Goodyear, Arizona. Greg Vogel, Ryan Semro, and Bret Rinehart of Land Advisors Organization facilitated the transaction.
“Since our purchase of Estrella in October 2021, Harvard Investments and our partners at Toll Brothers and Värde Partners have been actively planning the future of this incredible master-planned community,” says Tim Brislin, vice president of Harvard Investments. “This latest addition to Lucero at Estrella represents the first of many new neighborhoods as we aim to make Estrella the true heart of the West Valley. We believe in Taylor Morrison’s vision and know they will continue elevating the level of quality and unique designs home buyers seek in the West Valley today.”
The Taylor Morrison transaction includes 67 final platted lots that will be available to buyers at the end of 2022. Taylor Morrison, which already offers homes in Lucero and CantaMia 55+ at Estrella, has plans to include one of its new series of floor plans in this second phase of Lucero at Estrella.
Located just 17 miles west of Phoenix, the Estrella master-planned community is already home to more than 7,000 families and includes multiple residents’ clubs, resort-style pools, 72 acres of lakes, 50-plus miles of paths and trails, the Yacht Club of Estrella, the Golf Club of Estrella, community welcome center Casa Lucero, and more than 40 signature and neighborhood parks.
“We are excited to bring Taylor Morrison back to Lucero at Estrella further exemplifying our continued investment in the Estrella community,” says Steven Hahn, senior vice president of land for Taylor Morrison. “Lucero will complement CantaMia, our award-winning 55+ community already within Estrella.”
