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Stoneybrook Place
Small lot land subdivision; 1 into 14 lots + multiple single (owner occupied) home builds
Often in a large subdivision the master estate developer will sell off what they call a super lot. They do this mostly for a quick large capital sale to augment the happiness of the masterful all-powerful financier but sometimes it’s also to move a difficult parcel of land, introduce different product types or bring in a new party to deal with the end consumer in a different way. Stoneybrook Place was one of these, which we subdivided into 14 lots. Selling about 50/50 vacant land versus completed homes it was a mini commercial/unit project for us and keep our builders busy, capital deployed and made a nice return overall.
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