Homebuilder buys land north of Tucson for new gated community

Mattamy Homes has acquired 22 acres of land on which it intends to build a small residential community in Marana, about 20 miles north of Tucson on Interstate 10.The North American builder, which is operated by Toronto-based Mattamy Asset, has multiple housing projects in Arizona already underway. The company said this week that its Tucson division paid $1.485 million for the land. The deal closed Sept. 5.The new gated community will be known as Tavira at Twin Peaks and will consist of 45 homes on 60-foot by 134-foot lots.Groundbreaking is anticipated to start by the end of September, with sales expected to open in the summer of 2025. Homebuyers will have a choice o …

See the full Home Prices article, or, read more Arizona real estate investing news. Go ahead. You know you want to.