Each year, industry leader RCLCO Real Estate Advisors conducts a national survey identifying the top-selling master-planned communities in each major metropolitan area. According to their Jan. 4, 2023, year-end report, home sales at The Lakes at Rancho El Dorado in 2022 were the highest of any Arizona master-planned community (MPC). The Lakes at Rancho El Dorado was also the 29th fastest-selling MPC in the nation for 2022. Harvard Investments, an Arizona-based real estate investment and development company, is the developer of the 640-acre master-planned community in the thriving city of Maricopa, south of Phoenix.
“We’re proud to be a leader in Arizona home sales, but it is even more gratifying to see the incredible individuals and families that have chosen to call The Lakes at Rancho El Dorado home,” said Tim Brislin, Senior Vice President of Harvard Investments. “Early on, we recognized its tremendous potential as a rare lake community in the Phoenix, AZ, MSA, ideally located near the I-10 freeway, top-ranked schools, Copper Sky Recreational Complex and close to key employers in Chandler, Gilbert and Phoenix. We also saw the City of Maricopa as an incredible place to live.”
The Lakes at Rancho El Dorado in Maricopa features a 40-acre lake amenity allowing the community to offer premium lake lots, some with attached RV garage options and multiple floor plans. Off-lake neighborhoods feature parks with amenities, including sports courts, playgrounds and walking paths. The Lakes offers new homes from Richmond American Homes, Meritage, Gehan, K. Hovnanian and DR Horton.
For 2022, RCLCO surveyed MPCs throughout the country to establish the updated rankings (following the past release of The Top-Selling Master-Planned Communities of Mid-Year 2022). Read the full, detailed report of The Top-Selling Master-Planned Communities of 2022.
In addition to The Lakes at Rancho El Dorado, Harvard Investments’ current master-planned residential communities include Estrella in Goodyear, Verde Trails in Avondale, Desert Oasis in Surprise, Fox Creek in Bullhead City, Mariposa located near Albuquerque, NM, and Gregg Ranch outside Austin, TX. Harvard’s FirstStreet™ single-family rental properties currently include FirstStreet™ at Happy Valley in Phoenix, FirstStreet™ at the Ballpark in Goodyear, AZ, and Quarter on Simmons in North Las Vegas, with several more in the planning pipeline. Additional Class A office, investment properties and commercial real estate projects are found in Arizona, Colorado, Nevada, New Mexico and Texas. Learn more about Harvard Investments.
