New luxury housing community opens in south Reno
South Reno’s newest luxury community is now open and it’s attracting buyers for more than its high-end features.
“Location, Location, Location,” says sales manager Michael Brozowski.
Brozowski says a lot of people want to live in the Damonte Ranch area now that the Southeast Connector is done.
The Bella Vista Ranch community by Toll Brothers has about 500 homes.
“Over here we have large two-story homes with good sized backyards. We have a brand new clubhouse and we are also very close to the brand new elementary school that’s due to open up in August,” says Brozowski.
The Washoe County School District school will be called Nick Poulakidas Elementary School and Brozowski says it is yet another reason people are looking to move into the community.
“For many it’s been a big driving factor. They really like the fact that they can actually live in a neighborhood where they can walk to school, walk to the brand new Cyan Park they are putting in across the street. They just really like the ability to walk to places instead of having to bus everywhere,” says Brozowski.
Prices range from the mid-five hundreds to $700,000.
While Brozowski says he recognizes one of Northern Nevada’s biggest needs is affordable housing, he says these luxury homes will still sell.
“Based on our demand right now I don’t see a concern in in being able to sell them; it’s being able to build them fast enough for people’s demands. Everybody wants a big luxury house and they want it tomorrow but it takes quite some time sometimes to get exactly what you’re looking for,” says Brozowski.
He adds the luxury community will help free up inventory for buyers with lower price points.
“A lot of our buyers here are local who are actually selling some of their first starter homes to get that move-up homes that they always dreamed for, which is in essence, is providing more of a lower income market just for that fact that they are moving up to buy the house that they want as well,” says Brozowski.
20 percent of the Bella Vista Ranch homes have already been sold.
With 13 models, he says it’s an easy way to upgrade and personalize your house without starting from scratch.
The grand opening event will be held Saturday, May 18 from 11:00 A.M. until 3:00 P.M at 9510 Baldacci Court in Reno. You can also go to the sales office during the week from 10:00 A.M. – 6:00 P.M.