Home builder K. Hovnanian is crafting new product to build 112 "cottage-like" homes off Rock Springs Road in Apopka, having purchased approximately 25 acres for a recorded $3,949,700.
The land previously had been zoned for townhomes despite the Apopka market being known for larger lots and single-family homes, said Kyle Upper, Florida division president for K. Hovnanian. The builder's goal for the subdivision called San Sebastian Reserve is to bring affordably sized homes aimed at middle-class professionals with prices starting in the upper $200,000s, while fitting into surrounding areas. Square footages for one- and two-story homes range from 1,500 or 1,600 square feet up to about 2,800 square feet, Upper said.
"Originally the property had a little more intense use that Apopka wasn't completely in favor of," he said. "... We compromised, and came up with this product."
The switch from 176 townhomes to 112 single-family homes closer in similarity to neighboring property went mostly smoothly, developer Richard Wohlfarth said.
"We had people who were very much in favor of it," he said, noting the process of working to minimize opposition. "... I would say they won't agree to another set of 40s, but it's just a process you have to go through."
Target buyers are a mix of millennials and first-time homebuyers as well as empty-nesters or movedown buyers, any of whom might be seeking to minimize maintenance, Upper said.
"It will be a gated community, and lawn maintenance will be included," said Upper, and plans also show a community pool and a playground. Minimum proposed lot sizes are 40 feet by 110 feet.
The seller in the Oct. 9 land transaction for an assemblage of three parcels is Wohlfarth's Apopka Reserve Development LLC, with as a manager; that entity closed as the buyer on all three parcels in separate transactions recorded Oct. 8 and 9 as totaling $2,355,900.
Two of the previous owners were a father and son, holding less than 20 acres that Wohlfarth said he could have developed without the third parcel, which was purchased from a neighbor.
"We hit it just right -- they were ready to retire and exit their business, so it was just the right timing," Wohlfarth said.
K. Hovnanian was involved throughout the process, Wohlfarth added: "When we do these, I always have the builders on board very early on."
Other recent single-family activity in the area includes:
- Surrey Homes has plans to build up to 100 single-family homes off Plymouth Sorrento Road about a mile southeast of the State Road 429 interchange with Kelly Park Road in Apopka, on an assemblage of four parcels totaling approximately 20 acres and subject to code based on the Kelly Park Crossing Form.
- D.R. Horton is looking to build 245 single-family homes on a 107-acre parcel along State Road 441 north of Willow Street and west to Mohawk Drive, with mostly 50-foot lots and dozens of 60-foot lots.
- Avalon Park Group affiliate Avex Homes has a 20-acre horse training property in Apopka under contract with plans for 52 large lots, drawn to market growth around the S.R. 429 extension, located at 359 W. Lester Road.