500 Home Sales Tallied In Just Nine Months at Sendero -- Marking 50% Sold and Eclipsing Annual Sales Projections Set By Rancho Mission Viejo

In just 9 months, 500 homes have sold at the inter-generational village of Sendero on the 14,000-home Rancho Mission Viejo community, thereby exceeding sales expectations set by master developer, Rancho Mission Viejo, LLC.

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Rancho Mission Viejo, CA (PRWEB) April 10, 2014

Just nine months after its successful grand opening, the new inter-generational village of Sendero in South Orange County, CA, is more than 50% sold out. Over 500 of the 940 homes planned for Sendero have sold, exceeding annual sales projections and demonstrating the overwhelming demand for the uniquely integrated and engaging Ranch lifestyle offered to both “all-age” and 55-plus homebuyers.

Sendero is the first of several inter-generational residential mixed-use villages planned for the new 14,000-home ranch community of Rancho Mission Viejo (“The Ranch”). Officially opened in late June 2013, Sendero includes 11 different new-home neighborhoods offered by eight different homebuilders. With one neighborhood already completely sold-out, three of Sendero’s neighborhoods now offer primarily single story homes within the gated 55-plus enclave of Gavilan and seven neighborhoods offer homes for singles, couples and families of all different compositions.

Sendero home prices currently range from the high $300,000s to nearly $1 million; and Sendero homebuilders include Meritage Homes, Ryland Homes, SeaCountry Homes, Shea Homes, Standard Pacific Homes, TriPointe Homes, and William Lyon Homes. Del Webb sold all of its 50 homes within Gavilan earlier this year. In addition, construction is now underway on approximately 285 apartment units by Western National Group.

“Since Sendero’s grand opening nine months ago, we've far exceeded our original annual sales projections,” said Nadine Corrigan, Vice President of Marketing for Rancho Mission Viejo, LLC, stewards of Rancho Mission Viejo and community master planners/developers. “In addition, research is now showing that nearly 25% of all Sendero homebuyers have relocated to this first village on The Ranch from other Rancho Mission Viejo communities here in South Orange County. Clearly, the preference for the Ranch lifestyle residents have come to enjoy is helping to fuel Sendero home sales.”

The community planners and developers of Sendero have already created the planned communities of Mission Viejo, Rancho Santa Margarita, Las Flores, and Ladera Ranch. Now open at Sendero are three clubhouses (one exclusive to Gavilan residents), two fitness centers, pools, spas, a large “all age” village green with pathways leading to tot lots and picnic areas, bocce ball courts, fire pits, turf playgrounds, a native plant garden, and even a putting green as well as hiking/biking trails accessing select open spaces and a County Regional trails system. A host of village-wide events have already been conducted for residents including the upcoming “Outdoor Fest” with a plein air painter’s gallery, bocce ball and putting contests, music, food, and more within the El Prado of Sendero.

In addition, slated to start construction soon are Sendero Field (a 15-acre community park) and the vegetable and fruit gardens of Sendero Farm. Planned for Sendero is the 10-acre Ranch Marketplace retail plaza.

“In addition to a full calendar of programs and events, community-wide celebrations, happy hours and welcome receptions, Sendero also encourages all-age connectivity through the formation of resident-led clubs, activities at the clubhouses and even exclusive programming in collaboration with Ranch partners,” said Corrigan. “This is all part of the culture of care and hospitality that’s part of every new community created on The Ranch. It allows residents of all ages and interests to connect, thereby creating a new model for inter-generational living and adding to the lifestyle advantages which set Sendero apart from the competition.”

Sendero is the first village on the new ranch community of Rancho Mission Viejo. To date, Sendero has been named America’s “Master-Planned Community of the Year” by the Sales and Marketing Council of The National Association of Home Builders and “Master-Planned Community of the Year” by the Greater Sales and Marketing Council for the Building Industry Association of Southern California.

Ultimately, Rancho Mission Viejo is planned to provide up to 14,000 homes within multiple inter-generational villages on just 6,000 acres of the 23,000-acre active ranch. The remaining 17,000 acres of family-held ranch lands will be part of the open spaces of The Reserve at Rancho Mission Viejo. Within the villages on The Ranch will be sites for new schools, parks and recreational facilities, up to five million square feet of commercial uses, and additional multi-use trails. In addition, up to 6,000 of The Ranch’s 14,000 new homes will be dedicated exclusively to homebuyers age 55-plus.

Sendero on The Ranch is situated near the intersection of Ortega Highway and Antonio Parkway, just 2.3 miles from downtown San Juan Capistrano and five miles from San Clemente and Doheny State Beach. Sendero offers easy access to the employment and retail centers of Ladera Ranch, Mission Viejo, Irvine, Rancho Santa Margarita and other Orange County areas.
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Rancho Mission Viejo, LLC is a privately held, family-owned and -operated company responsible for the ranching, farming, planning, development, and financial management of the remaining 23,000 acres of Rancho Mission Viejo, situated in unincorporated South Orange County, CA. Since 1882, members of the O’Neill/Avery/Moiso family have owned and managed The Ranch which once exceeded 200,000 acres and now includes the family-developed cities and communities of Ladera Ranch, Las Flores, Mission Viejo and Rancho Santa Margarita as well as such important places as Caspers Wilderness Regional Park, the Starr Ranch Audubon Sanctuary, O’Neill Regional Park and Marine Corps Base Camp Pendleton.

Development on the Ranch is a partnership between Rancho Mission Viejo, LLC (managing partner) and DMB Associates, an Arizona-based, diversified real estate company with commercial property/resort/recreational/primary home community holdings throughout Arizona, California, Hawaii and Utah.


Contact

  • Diane Gaynor
    Roni Hicks & Associates
    +1 619-980-1692
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