Overview
In February 2023, we had the grand opening of our project at Swan Lake MHC in Eastvale, California. This is a very unique land lease community that has an actual stocked fishing lake in the middle of the community, free-formed streets throughout, and each lot has its own shape and character. Being built in the 1960’s, the park also now has a lot of large mature trees and a charm that most leased land communities don’t offer. The problem was that there was a time around 10+ years ago of poor management.
Homes by Family Homes
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Challenges of Past Management
The community faced a period of poor management over 10 years ago, resulting in over 100 vacant lots and homes being removed, creating a significant challenge in an area with high demand for housing
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Project Approach
The team revitalized the park by offering a range of high-quality homes across three price tiers (entry, mid-level, and high-end), similar to the options of Toyota, Lexus, and Mercedes, ensuring every customer could find something that matched their needs and budget.
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Strong Sales Performance
The project was an immediate success, with homes selling quickly, even before they were built. In just 12 months, 59 homes sold, generating $15.75 million in sales.
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Ongoing Success
To date, 68 homes have been delivered, with a final total of 84 homes planned. Home prices range from $180,000 to $300,000, with land lease payments between $790 and $1,020 per month.
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Financial Impact
The project’s success has resulted in an increase in annual income for the park owner of over $687,000, significantly revitalizing the community and its financial outlook.
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High Demand
The homes have been so popular that every unit has been pre-sold before being delivered, with no vacant lots remaining, demonstrating the strong demand for housing in the area.
Key Features
Here are some key features of our projects homes
- 6-inch perimeter walls filled with insullation
- Dual Pan Vinyl window throughout
- State of the art upgraded stainless stell appliances
- 9-feet high flat ceilings
- Quartz Countertops
- Rigid-back plank flooring in all main living areas
- The extremely populer Ring Doorbell
- Color matching seamless rain gutters
- Matching storage shed
- Centeral Air Conditioning
- Stainless Steel farmhouse sink
- Complete Landscape, irrigation, including a glass front yard
Floor Plan
Spacious, Stylish, and Functional Homes
Flexible Layouts: Floor plans designed with open, flexible spaces to accommodate various lifestyle needs, from cozy two-bedroom layouts to more expansive three-bedroom designs.
Maximized Living Space: Smart use of space with efficient room sizes, large living areas, and ample storage options to optimize comfort and functionality.
High-Quality Finishes: Each floor plan includes premium finishes as standard, such as upgraded cabinetry, modern appliances, and designer flooring, with optional upgrades for higher-end models.
Indoor/Outdoor Flow: Designed to seamlessly integrate indoor and outdoor living, with options for patios, balconies, or private yards, ideal for Southern California’s climate.
