D.R. Horton buys final 232 Lucero Village lots

D.R. Horton has purchased the final 232 residential lots in Lucero Village at Estrella, Harvard Investments announced Sept. 11.

The lots cover about 90 acres and the transaction, facilitated by the Phoenix office of Land Advisors Organization, completes residential lot sales within Lucero. The purchase price was not disclosed.

D.R. Horton expects to open model homes and begin selling houses in fall 2027. Plans call for one- and two-story homes ranging from about 1,300 to 2,400 square feet. The builder previously developed homes in Lucero.

“With the purchase of the final residential lots by D.R. Horton, we are seeing years of planning and investment come to fruition,” Roger Theis, vice president of Harvard Communities, said in a statement.

Lucero is near Estrella’s entrance and includes Ladera Park, the Estrella Welcome Center and Café Bebida. More than 8,700 families live in the 20,000-acre master-planned community.