Since the start of 2021, Maricopa County has seen tremendous growth and activity in its new construction residential real estate sector. Recently, the state’s largest family-owned and -operated home builder began developing a new master-planned community in the Southeast Valley. This new development has been years in the making and could be one of the area’s last large-scale new home community projects. Here is more on Fulton Homes’ latest new construction community in Queen Creek.
In February, Fulton Homes started working on the infrastructure for Barney Farms, its new 550-acre master-planned community in Queen Creek. The builder has been working on designing and preparing the land for the project over the last three years.
Barney Farms is located at Queen Creek and Signal Butte Road. The new community will include four neighborhoods, with 1,700 new homes and 114 acres of open community land. The development will also have a 22-acre deep-water lake running through its center, where residents will be able to launch small boats and enjoy catch-and-release-fishing. In addition, Barney Farms will feature a neighborhood trail system, a large lakeside park, a community aquatic center, a clubhouse, and several area sport courts.
Norm Nicholls, president of Fulton Homes, recently related that the builder planned for the Barney Farms community to be priced with affordability for the average family in mind. He commented that “We haven’t tried to make this a million-dollar community, even though it’s a lake community.”
Homes within Barney Farms will range from $300,000 to $700,00, with the average home costing $450,000. The community’s single-story models will start at $380,000, offering three bedrooms, and two-story homes with lofts will be priced up to $470,000. The two-story properties will offer a customizable floor plan that can be arranged for up to six bedrooms. All of the homes will have features from Fulton Homes’ exclusive Fulton Features program, which includes granite countertops, high-efficiency HVACs, 36-inch maple cabinets, faux wood blinds, and ceiling fans. These added features will be provided at no additional cost to the buyer.
According to a recent article, Fulton’s latest development at Barney Farms may be one of the last large-scale master-planned residential communities in Queen Creek. Nicholls commented that “Queen Creek is pretty much at a saturation point right now” and that “All of the property from Ironwood Road back to Ellsworth Road is taken. I think that Queen Creek is kind of landlocked at this point, and the majority of their properties are already being developed by the residential community.” The builder anticipates developing in the future southeast of Queen Creek into the San Tan Valley towards Florence and Coolidge.
Although Nicholls mentioned that the area’s residential development property is limited, he also indicated that Barney Farms might not be Fulton’s last large-scale project in Queen Creek.? According to a recent report, Queen Creek’s current population is 60,000 and is expected to nearly double by 2050.
In related news, in March, homebuilder K Hovnanian Homes reportedly acquired 80 partially finished lots near Queen Creek for $5,800,000.? The property is located at Higley Road and Hunt Highway and is part of the planned Santanilla community near Queen Creek.
Laura B. Bramnick is an experienced Arizona real estate attorney who can help you manage all aspects of your Arizona real estate matter. If you are seeking an exceptional, client-driven real estate lawyer in Phoenix and throughout the State of Arizona, contact Laura B. Bramnick to schedule your consultation.