November 15, 2016
Irvine, CA-based CalAtlantic Homes acquired Heritage Bluffs, a 170-acre master planned community site located in Del Sur, CA from San Diego-based Mountain Glen Family, LLC for $24.5 million. The land includes 171 single family home lots, and is part of the Del Sur Master Planned Community.
Located at Carmel Valley and Dove Canyon Rd.’s, the site features panoramic views and proximity to community shopping, new school facilities, and major San Diego transportation corridors. CalAtlantic has four residential neighborhoods under development at Del Sur, one of the nation’s best-selling MPC’s in 2015.
Colliers International’s David Santistevan and Gunder Creager represented both buyer and seller in the transaction.
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