The Irvine-based developer said in its second quarter earnings, released Thursday, that it has sold 774 homesites for the next phase of homes at the 2,100-acre master-planned development.
The sale works out to about $5.7 million per acre, and $424,000 per homesite.
-Advertisement-
FivePoint Closes $328M Land Sale
Want more from the best local business newspaper in the country?
Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!
Would you like to subscribe to Orange County Business Journal?
One-Year for Only $99
- Unlimited access to OCBJ.com
- Daily OCBJ Updates delivered via email each weekday morning
- Journal issues in both print and digital format
- The annual Book of Lists: industry of Orange County's leading companies
- Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!
-Advertisement-