New Homes Coming to the Santa Clarita Valley with IHP Capital Partners' Land Sale to Lennar Homes
The Californer/10129896

NEWPORT BEACH, Calif. - Californer -- IHP Capital Partners (https://ihpinc.com/) has pre-sold 683 of the homesites within its 1,275-acre master-planned community of The Highlands at Tesoro del Valle to Lennar, one of the nation's leading homebuilders. Lennar (https://www.lennar.com/) has committed to purchasing 365 homesites in four age-qualified gated communities as well as an additional 318 detached single-family non-age qualified homesites. The community's builder, Newport Pacific Land Company, is stewarding the process. The Highlands will complete the vision for the current Tesoro del Valle community, located in the highly desirable area of the Santa Clarita Valley, known as Valencia, approximately 33 miles north of Los Angeles.

Newport Pacific Land Company, whose core focus is on master-planned communities, subdivisions, and commercial centers throughout the Western states, helps identify opportunities and provide innovative solutions to address today's housing challenges. It has been diligently working on The Highlands at Tesoro del Valle since 2015 and has now realized the opportunity to bring approximately 820 new homes to the market, a much-anticipated offering in a housing region experiencing the painful pinch of demand outweighing supply. The addition of new residents will also stimulate the local economy, helping to support the existing business structure as well as foster new growth.

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The Highlands is designed to provide 318 single-family homes, 365 age-qualified residences and 137 estate homes on spacious homesites, offering a variety of architectural styles within nine distinct residential villages. In addition to the wide range of housing choices, homebuyers will enjoy an abundance of private community amenities. A recreation center with pool and spa, two tennis courts, and 7 private parks will provide residents with vibrant gathering places to celebrate life's many milestones, plus more than 12 miles of new and enhanced public and private trails that are ideal for hiking and biking. Winding paseos connect people and places, all surrounded by approximately 875 acres of untouched nature, preserved as permanent open space for existing and new residents of the Santa Clarita Valley.

Surrounded by nature and brimming with stunning neighborhoods, many of which will feature panoramic views of the rolling valley and canyons, The Highlands at Tesoro del Valle will undoubtedly capture the imagination of Southern California's home shoppers searching for a new innovative home design.