Visara / Rio Caballo Phase 2

March 7, 2025 – Pulte Home Company, LLC, closed escrow on the second phase of the Visara / Rio Caballo Master Plan, located near the Southeast corner of 163rd Ave & Dynamite Blvd, Surprise, Arizona. Phase 2 consists of 31.2 Acres | 144 Platted & Engineered Lots.  The total Master Plan consists of ±175 Acres and is approved for 660 total Single-Family Lots in 4 Phases at a total purchase price of $16,000,000.  The Seller in this transaction was Leavitt Cap Rio Caballo, LLC. The cash purchase price for Phase 2 was $3,412,500 | $23,698/Planned Lot.  Grant D. Helgeson represented both parties in this transaction.