Maracay Homes Buys 82 Acres in Chandler

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Real Estate Agent with RE/MAX Fine Properties

Maracay Homes, a Scottsdale-based new home builder, recently paid $24.6 million for an 82-acre land parcel directly north of Veterans Oasis Park in Chandler. This most recent purchase added to their 236-acre total holdings, which stretches into Gilbert off Chandler Heights between Val Vista & Lindsay roads.

The new community, named Canopy, calls for 241 new homes ranging from 2,331 to 3,730 square feet with plans to open the first phase in 2020. A central park and paseo will be designed with raised garden beds, ornamental grasses and pergolas to create a sense of peace and serenity for residents and visitors. The community will also include a trail system that connects to Veterans Oasis Park, which features miles of trails, a fishing lake and nature center.

Canopy will share a corner with Maracay’s other development, Waterston. The land for Waterston was purchased last year and plans for 332 homes ranging between 2,000-5,000 square feet. Both developments will be designed according to the architectural principle of Vatsu Shastra, which integrates nature, functionality, symmetry, and directional elements to create an enhanced living environment. Maracay plans to market the two communities separately, and home prices have yet to be announced.

The new communities plan to be ready for the 7,500 new jobs are being created in the area, including Allstate’s planned expansion in Chandler, has plans for 2,500 jobs, Deloitte moving into The Commons at Rivulon in Gilbert with another 2,500 jobs, and Intel’s new Fab 42 facility in Chandler with a planned 3,000 jobs.

If you’re considering purchasing a new home or would like to know more about resale homes in the area, please contact The Gina McKinley Group at 480-355-8645 or info@LocateArizonaHomes.com today! We’d love to share our knowledge so you can purchase your dream home.

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Gina McKinley

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