LANDSEA HOMES CLOSES ON 545 ADDITIONAL LOTS AT WILDERA IN PINAL COUNTY, ARIZONA

• Landsea Homes now has 1,006 lots in the Wildera master-planned community
• Attainably priced High Performance Homes with first-time and move-up buyers in mind
• Homes in the first phase will begin selling in April

PINAL COUNTY, Ariz., March 21, 2024 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that it has closed on 545 additional homesites at the Wildera master-planned community in Pinal County, Arizona, with JEN Partners as its land banker.

"This is a huge step forward for Landsea Homes and we are excited about extending our presence in the San Tan Valley," said Heather Cammiso, Arizona Division President, Landsea Homes. "Wildera is Landsea Homes' first master-planned community in this region, with great community amenities and our high quality, High Performance Homes at attainable price points. Interest has been strong since we closed on the first phase, and with sales launching next month, we're eager for homebuyers to experience the great quality of life at Wildera."

Landsea Homes now has 1,006 lots in the master-planned community located on Bella Vista Road, which will consist of 2,037 homes at full buildout. The first phase consists of 461 homes, which will begin selling next month. Prices begin in the mid-$300ks.* Development on this next phase of 545 lots will commence in May with sales expected to launch later next year.

Homes at Wildera will feature varying product types including single-family homes with modern, desirable architecture promoting and catering to an active lifestyle. Floorplans include open concept common areas, indoor-outdoor spaces, and LiveFlex® options to personalize homes to fit individual lifestyle needs. Select floorplans will also feature a LiveGen™ suite, ideal for multigenerational living.  

With the development of this next phase, residents will enjoy community amenities including a 13-acre centralized park with an aquatic center, picnic areas with a shade trellis and BBQ, gathering areas, an open lawn, children's play structures and outdoor activity areas.

All homes at Wildera will contain Landsea Homes' renowned High Performance Home features including smart home automation technology utilized by the Apple HomeKit™ environment and energy savings to make life at home healthier and more comfortable. The smart home automation features include an Apple® HomePod mini™, wireless network Internet throughout the home, entry door locks, thermostat control, garage door opener control, light dimmer switches, doorbell camera pre-wire, and smart home activation via Best Buy's Geek Squad.

Pinal County is the third largest county in Arizona's Phoenix metropolitan area. Home to over 496,000 residents, the county has two distinct regions: the eastern mountainous area and the western lower valley desert area. It is centrally located and in close proximity to Phoenix Sky Harbor International Airport and others. Not to mention various national, state and county parks, and recreation areas nearby including Casa Grande Ruins National Park, Boyce Thompson Arboretum State Park, and McFarland State Historic Park, among others. Water sports and fishing opportunities also abound at San Carlos Lake.

For information about Wildera, please visit: https://landseahomes.com/arizona/maricopa-county-east-valley/san-tan-valley/wildera/. 

*Pricing is accurate at time of publication but is subject to change at any time.

About Landsea Homes Corporation

Landsea Homes Corporation (Nasdaq: LSEA) is a publicly traded residential homebuilder based in Dallas, Texas that designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company has developed homes and communities in New York, Boston, New Jersey, Arizona, Colorado, Florida, Texas and throughout California in Silicon Valley, Los Angeles, and Orange County. Landsea Homes was honored as the Green Home Builder 2023 Builder of the Year, after being named the 2022 winner of the prestigious Builder of the Year award, presented by BUILDER magazine, in recognition of a historical year of transformation.

An award-winning homebuilder that builds suburban, single-family detached and attached homes, mid-and high-rise properties, and master-planned communities, Landsea Homes is known for creating inspired places that reflect modern living and provides homebuyers the opportunity to "Live in Your Element." Our homes allow people to live where they want to live, how they want to live – in a home created especially for them.

Driven by a pioneering commitment to sustainability, Landsea Homes' High Performance Homes are responsibly designed to take advantage of the latest innovations with home automation technology supported by Apple®. Homes include features that make life easier and provide energy savings that allow for more comfortable living at a lower cost through sustainability features that contribute to healthier living for both homeowners and the planet.

Led by a veteran team of industry professionals who boast years of worldwide experience and deep local expertise, Landsea Homes is committed to positively enhancing the lives of our homebuyers, employees, and stakeholders by creating an unparalleled lifestyle experience that is unmatched.

For more information on Landsea Homes, visit: www.landseahomes.com.

SOURCE Landsea Homes