San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on land in northeast Visalia, California, where they plan to construct 138 single-family, detached homes in a new community named Maplewood. Construction is slated to begin in late 2022 with model homes available in spring 2023.
Visalia is the fifth largest city in the San Joaquin Valley, and its economy is driven by agriculture, especially grapes, olives, cotton, citrus, and nursery products; livestock; and distribution and manufacturing facilities. Maplewood will be close to downtown Visalia and about 8 miles east of state Route 99, a major transportation corridor.
“We love to build homes in Visalia,” says Lana Fahoum, sales manager at SJV Homes. “Many of our staff live and work here, so we’re excited to share this wonderful community with new homeowners from families just starting out to retiring couples who wish to downsize.”
Maplewood will feature homes ranging in size between 1,298 and 2,076 square feet. The minimum lot size is 5,000 square feet, but some lots will be oversized or situated on corners or cul de sacs. The one- and two-story homes will have modern cottage, craftsman, and farmhouse-styled exteriors, each with a covered front porch and covered back patio.
Homes will have three to four bedrooms and two to two-and-a-half bathrooms with attached two-car garages. The open plan interiors boast great rooms with adjoining kitchens, some with dining rooms. Owner’s suites have large closets and adjoining baths. The two-story plans include a loft, and the largest floor plan has the option of a small office.
SJV Homes, in partnership with Presidio Residential Capital, a San Diego-based real estate development management company, has now developed more than 35 joint-venture projects in the Central Valley.