Pricing…how much will the homes cost?
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Currently TBD. An appraisal will be obtained for each home to determine the current market value when the homes are closer to completion.
What is the size of each home?
- The homes will be approximately 2,200 - 2,900 square feet of living space.
What is the size of each lot?
- Lots will be approximately 6,150 - 11,000 square feet.
How many homes will be available?
- There are seven single-family homes under construction.
What type of Ground Lease will be used for Cabrillo-Dolores homes?
- There will be four homes on a Standard Ground Lease and three homes on a Restricted Ground Lease.
- The three homes along Costanzo Street will be on the Restricted Ground Lease.
When will the homes be ready for sale?
- The first home is expected in the first quarter of 2024.
Will the homes be sold via lottery or direct sale?
- Each home will be listed via an individual direct sale as each home is completed. If more than one Purchase Offer Packet is received, a lottery will be held.