Potential homebuyers got their first up-close looks at Visalia’s newest home community Saturday.
That’s when San Joaquin Valley Homes and Presidio Residential Capital held a grand opening at Greystone, offering 124 single-family homes priced for sale from the high $200,000 range.
San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital have acquired 40 acres north of Nebraska Avenue and east of Viscaya Parkway in Dinuba, California and plan to build Vista Robles, a new neighborhood with 138 single-story detached homes.
DINUBA – There is a housing shortage in every community in Tulare County. In Dinuba alone, the city will need to provide an additional 1,000 homes by 2023, according to the Regional Housing Needs Assessment conducted by the Tulare County Association of Governments.
San Joaquin Valley Homes and Presidio Residential Capital to build neighborhood offering 134 single-family houses in Tulare
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TULARE – Housing in Tulare County is one of the biggest problems facing the Valley’s economy. Economic Chris Thornberg says the lack of single-family home construction is concerning because it will mean higher overall prices for homebuyers.
“It’s because we don’t build enough,” Thornberg said at a conference in May of this year. “We only have half of the building permits we need annually.”
San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital plan to break ground this month at Kensington, a new residential community offering 134 detached single-family houses priced from the low $200,000s in Tulare in California’s Central Valley.
The neighborhood is expected to be open for sale by Spring of 2019. The retail value of this project is estimated to exceed $33 million.
San Joaquin Valley Homes and Presidio Residential Capital are expected to break ground later this month on a new 134-home community in Tulare.
Plans are for the Kensington development to offer detached single-family houses from 1,297-1,597 square feet, with each of the three plans priced from the low $200,000 range, states a press release from the developers.
The estimated cost of the project is expected to exceed $33 million.
San Joaquin Valley Homes to build 150-home community, Summerlyn, in Kingsburg
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KINGSBURG – A Visalia-based homebuilder has expanded its portfolio to include Fresno County.
San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently acquired 53 acres in Kingsburg, Calif., and plans to build Summerlyn, a new community offering 150 single-family detached homes. Construction is set to begin next month and a grand opening is tentatively scheduled for February of 2019.
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PORTERVILLE – A Visalia-based home builder is now building homes in Porterville.
San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on 15 acres of farm land on Henderson Avenue in Porterville and plans to build Cambria, a new neighborhood with 80 single-family detached garden homes and its first in Porterville. The partners plan to break ground this month and will begin model construction in January 2019. The retail value of this project will exceed $18 million.
“The housing market in Tulare County continues to sizzle, and we know that’s because this is such a great place to live,” said Danny Garcia, vice president of sales at SJV Homes. “We’re thrilled to be able to get 80 local families into quality houses in a great location.”
San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on 15 acres of farm land on Henderson Avenue in Porterville, California and plans to build Cambria, a new neighborhood with 80 single-family detached garden homes.
The partners plan to break ground this month and will begin model construction in January 2019. The retail value of this project will exceed $18 million. Pricing was not disclosed.
$18M project scheduled to break ground this month
Those in search of new-construction homes in town will soon have more neighborhoods to choose from, as San Joaquin Valley Homes of Visalia announced Tuesday it has acquired property in Porterville to build an entire community of new residences.
VISALIA, CA—Facing Bay Area land scarcity and steep pricing, residential builders have found a good alternative in the Central Valley south of Fresno and 200 miles from the Bay Area. San Joaquin Valley Homes and Presidio Residential Capital have closed on 29 acres (151 lots) and plan to close an additional 19 acres (67 lots) next year.
VISALIA — San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital have closed on 29 acres (151 lots) and plan to close an additional 19 acres (67 lots) next year in Visalia, Calif. The joint venture partners will build two new residential communities, Greystone and Ashton Park, totaling 218 detached single-family homes priced from the mid-$200,000s.
Joint partners San Joaquin Valley homes and Presidio Residential Capital plan to build two new single-family home communities, Greystone and Ashton Park, on adjoining land parcels in Visalia, Calif. The partners have closed on the first 29-acre parcel, which will contain 151 home lots, and plan to close on an additional 19 acres and 67 lots next year.
These homes are scheduled to break ground next month and the neighborhoods are expected to be open for sale by early 2019. The retail value of this project is estimated to exceed $52 million.
“Ideally located on prime Visalia land in the Northwest with easy access to excellent schools, these communities will be extremely appealing to first-time and move-up buyers and young families,” said Danny Garcia, vice president of sales at SJV Homes. “We’re thrilled to provide high-quality housing at affordable prices in our hometown.”
• Entry-level community expected to open for sale in Spring 2018
• Latest development by San Joaquin Valley Homes and Presidio Residential Capital
A new residential community called “Brighton” with 115 detached single-family homes more than 72 acres in Tulare is to be built by San Joaquin Valley Homes and Presidio Residential Capital.
Construction on model homes is scheduled to begin in January 2018, and the neighborhood is expected to be open for sale next spring. The retail value of the project is estimated by the developers to exceed $30 million
Visalia-based San Joaquin Valley Homes announced it has closed on yet another South Valley residential development, this time on a 72.4-acre tract in Tulare that will make way for 115 homes.
• San Joaquin Valley Homes and Presidio Residential Capital to build 142 homes
• Positioned as a “move-up” development
San Joaquin Valley Homes and Presidio Residential Capital plan to build a new community called Bella Vista – a 142-home neighborhood located on 41 acres in Northern Hanford, the companies say.
The retail value of this project is approximately $35 million.
“Hanford is experiencing a historically low inventory of existing homes on the market, and demand for new houses is strong,” says Danny Garcia, vice president of sales at SJV Homes. “The wide range of floor plans will appeal to everyone from move-up buyers and growing families to people who are looking to downsize. We expect these homes to sell quickly once they go on the market.”
VISALIA – San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on 8.75 acres on Ferguson Avenue west of Highway 63 in Visalia and will build Catalina, a new neighborhood offering 51 single-family homes. Vertical construction will begin in January 2018, and a grand opening is scheduled for spring of 2018. The community is expected to be complete by July 2019.
“Because we’re based in Visalia, we know how great it is to live here,” said Joe Leal, co-founder for Visalia-based SJV Homes. “Homes in this area are moving quickly, and prices are rising. We’re pleased to be able to offer quality houses in a great location with Catalina.”
