Starlight & Park Square close on lots to start Wyndham Preserve in Sanford
By Mike Salinero
Aug 21, 2017 at 1:38 PM
Starlight Homes and Park Square Homes of Orlando paid a combined $7.19 million earlier this month for 124 lots to start building out the Wyndham Preserve community in Sanford.
Work on the sales office and the first few homes has begun, according to Mike Roche, division manager of Starlight Homes for Central Florida, which is a division of Ashton Woods. The company received its final permit approvals two weeks ago from the city of Sanford.
The gated development at the corner of East Lake Mary Boulevard and Brisson Avenue South will feature Starlight's 55 single-family homes on 40-foot-wide sites, and 69 homes on 60-foot-wide sites. They will range from 1,200 to 2,400 square feet with three to five bedrooms, and start in the low $200,000s. Amenities include a community swimming pool.
Starlight bought developed lots in the subdivision for more than $3.6 million, according to a deed signed Aug. 2. The seller was Brisson Investments LLC, an affiliate of Property Investment Brokers of Orlando.
Brisson also sold lots in Wyndham Preserve to Park Square Homes for $3.588 million on Aug. 2. Park Square president and COO Steve Parker said three model homes are under construction, and he expects the first home closings to come in December.
Park Square's homes will range in price from the low $200,000s to $280,000; lots sizes are 40 and 60 feet wide.
"We believe there is a high demand in Seminole County for single-family homes at that price point," Parker told GrowthSpotter. "We started pre-selling homes 30 days ago and we've been very successful in our first 30 days."
Roche said Starlight Homes is scheduled to start work on an additional 15 homes at the end of September. Sales will begin with a grand opening Nov. 4. All Starlight Homes' vendors and trade partners for its Central Florida communities are based in this area, Roche said.
"Starlight Homes is the perfect builder for entry-level homebuyers looking to move from renting to owning," Roche said. "We serve as a trusted guide throughout the homebuying process in the spirit of our tagline, 'Guiding You Home.'"
Starlight also has communities in Orlando, Winter Haven, Lake Wales and Mascotte, a small town in Lake County.
Have a tip about Central Florida development? Contact me at email@example.com. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.