The New Home Company Continues Expansion In Sacramento Area With Return To Granite Bay
ROSEVILLE, Calif .– (COMMERCIAL THREAD) – As part of its strategic expansion in the Sacramento region, The company of the new house (NEW HOME, NYSE: NWHM) announced its return to Granite Bay with the acquisition of over 20 acres of land in the highly desirable Placer County community.
Eureka Grove, which marks NEW HOME’s fourth community in Granite Bay, will include a total of 72 residences. It is now taking shape at Sierra College Boulevard and Eureka Road in a scenic location between the town of Roseville and Folsom Lake.
NEW HOME expects the launch of model homes and the start of sales at Eureka Grove in the third quarter of this year. With prices expected to start in the $ 600,000 range, NEW HOME is confident in the timing for Eureka Grove. The greater Sacramento area was recently named the nation’s top housing market for 2021 by Realtor.com and with the continuing trend for people to leave the Bay Area for bedroom communities like Granite Bay, experts. industry expect interest in new construction to remain strong. .
âNow that remote working has become widely accepted and seems to be the norm for some time, communities like Granite Bay with an excellent quality of life should continue to thrive,â said Kevin Carson, president of Northern California for NEW HOME. âWe are delighted to be back in Granite Bay. Eureka Grove will provide a rare opportunity to purchase a new home for less than a million dollars while enjoying beautiful natural surroundings, excellent schools and a location just two hours from the Bay Area for those who might have a professional need to visit from time to time. at the time.
Eureka Grove will offer two distinct residential collections, both designed by renowned architectural firm Bassenian Lagoni, in an enclosed enclave dotted with oak groves and surrounded by open spaces. The 44 âduoâ semi-detached townhouses will feature two multi-story floor plans with three to five bedrooms and an optional additional bathroom, ranging from 2,248 to 2,684 square feet. The 28 detached single-family homes will feature two single-story floor plans with three to five bedrooms and multigenerational living spaces, ranging from 2,552 to 2,854 square feet.
All Eureka Grove homes will come standard with NEW HOME EVO Home Tech Pack, allowing homeowners to personalize their homes with progressive smart home solutions.
âCutting-edge design is one of the fundamental pillars of the NEW HOME credo,â said Carson. âFor us, it starts with careful selection of the land we buy. Then, we partner with leading architects and design companies across the country to create the most thoughtful homes for every community we build. This has led to an award-winning record of over 300 design awards over the past eight years, including dozens of Community of the Year awards. We brought this passion for design to Eureka Grove and look forward to unveiling it in the months to come.
Eureka Grove to join NEW HOME’s portfolio of actively selling communities in the Sacramento area. It offers homes for a range of buyers and lifestyles at Russell Ranch in Folsom, Whitney Ranch in Rocklin, The Cannery in Davis, Brighton Landing in Vacaville and NUVO Artisan Square in Natomas.
A list of interest for Eureka Grove is forming at www.eurekagrovenwhm.com.
About The New Home Company
NEW HOME is a company listed on the New York Stock Exchange under the symbol “NWHM”. It is a next-generation homebuilder focused on designing, building and selling innovative, consumer-focused homes in major metropolitan areas in select growing markets in California and Arizona, including the southern California coast, the San Francisco Bay Area, the Sacramento and Phoenix subways. NEW HOME was named 2019 Builder of the Year by Professional builder and is a multi-year recipient of “The Eliant” for providing the Better overall customer experience in North America at the Eliant Homebuyers’ Choice Awards. NEW HOME has won hundreds of awards in the home construction industry for excellence in design and planning, dozens of “Community of the Year” awards and has been recognized five years in a row for creating the best community or the best master plan in all of the United States. For more information visit NWHM.com.