East Valley master-planned community unveiled; lots sold to first homebuilders

Article originally posted on Phoenix Business Journal on January 23, 2025

El Dorado Holdings Inc. is unveiling a new master-planned community in the southeast Valley, selling 363 lots to the first homebuilders.

The Scottsdale-based developer sold 129 lots to Brightland Homes for $2.79 million, 110 lots to William Ryan Homes for $2.6 million and 124 lots to Century Communities for $2.7 million within the first phase of a new community called Silver Cross Ranch in the San Tan Valley, according to Tempe-based data research firm Vizzda LLC.

Nate Nathan, David Mullard and Casey Christensen of Scottsdale-based Nathan & Associates Inc. negotiated the transactions that closed on Jan. 17.

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