SALT LAKE CITY (November 16, 2022) – Fieldstone Homes, a nationally recognized homebuilder in Salt Lake City and IHP Capital Partners, one of the nation’s leading real estate investment firms, announce the debut of Alpine Springs, a new community of 63 contemporary and spacious single-family homes on large lots in Saratoga Springs, Utah.

A special grand opening tent event will be held at Alpine Springs this Saturday, November 19, 2022, from 12 p.m. to 5 p.m. (MST). Home shoppers are invited to attend and be among the first to explore the community’s impressive location and meet with sales managers to learn about available floorplans and Fieldstone’s bold approach to building communities. As part of the experience, Fieldstone will be providing food, a KitchenAid giveaway, swag bags and more.

“Fieldstone Homes builds homes that stand out in quality, design and value, and we are excited to welcome local and out-of-state homebuyers to Alpine Springs,” said Kellie Little, vice president of marketing at Fieldstone Homes. “Alpine Springs is a one-of-a-kind community ideally located near the Silicon Slopes, within walking distance to highly ranked schools and open parks, and easily accessible to employment centers, shopping amenities and outdoor recreation areas. Fieldstone offers an outstanding customer experience, and we look forward to introducing our latest collection of beautifully designed homes along the Wasatch Front.”

Alpine Springs’ large lots range in size from 9,000 square feet to 17,700 square feet, and average 10,500 square feet. Homes range in size from 3,231 square feet to 4,541 square feet. 

Fieldstone is incorporating three of its proven buyer-favorite floorplans and introducing three new home designs at Alpine Springs. The community offers a mix of one- and two-story homes of varying sizes with Farmhouse, Craftsman and Transitional exterior styles and a color-blocking scheme for added modern appeal. In two rambler and four two-story layouts, floorplans include three or four bedrooms and two and a half bathrooms, and an unfinished basement. Pricing for the homes is yet to be released.

A distinguishable highlight of Alpine Springs’ homes are the customizable features. Several floorplans include an option to add an accessory dwelling unit (ADU), also known as a “renter suite.” These suites offer many benefits including the potential to generate additional income. They also offer homeowners the flexibility to share independent living areas with family members and others—allowing seniors to age in place as they require more care and extended families to share a home while maintaining privacy. Additional customization options include two-story great rooms, multiple family rooms, an additional bathroom, as well as finished basements and covered porches.

“The customizable features are what truly set Alpine Springs homes apart. The rental suite option allows homebuyers to potentially generate rental income, which could assist with loan qualifications and possibly help in offsetting the cost of homeownership,” added Little. 

Located on the west side of Utah Lake, northeast of Foothill Boulevard and Pony Express Parkway, Alpine Springs offers sightlines of Lake Mountain to the south and Mount Timpanogos to the east. The area offers miles of trails for hiking, running and biking, and is proximate to off-roading and mountain biking opportunities, as well as boating, fishing and other water sport activities at the Saratoga Springs Marina.

“Known for its breathtaking mountain views, outdoor-focused lifestyle and community safety, Saratoga Springs is an emerging and highly sought-after city approximately 40 minutes south of Salt Lake City and adjacent to the Silicon Slopes,” says Ryan Hutchins, sales director at Fieldstone Homes. “Alpine Springs is central to all that northern Utah County has to offer, and designed for homebuyers looking for a spacious, yet accessible family-oriented living experience. These homes are beautiful, bright and full of modern features, and we are excited for their unveiling.”  

Alpine Springs is the seventh new community Fieldstone and IHP are building together since 2020. IHP is a strategic partner for developers and homebuilders throughout the Western U.S. The company currently has more than 30 residential projects in various stages of development in Utah, California, Colorado, Oregon, Nevada, Washington, Texas and Arizona.

About Fieldstone Homes

Fieldstone Homes is a nationally recognized homebuilder that has been seen on the prestigious Inc. 5000 list. As one of Utah’s most highly ranked and trusted homebuilders for more than 20 years, Fieldstone Homes takes a bold approach to building communities and homes that stand out in quality, design and value. The company is a known leader in setting new trends in home design, creating unique and irresistible model homes and providing an unsurpassed customer experience. With nearly 6,000 Utah residences constructed, Fieldstone Homes leverages its strong knowledge and understanding of the regional market to deliver top-quality homes that meet the needs of today’s homebuyers. Thinking bold to create beautiful, one-of-a-kind communities is the essence of Fieldstone Homes. For more information, visit FieldstoneHomes.com.

About IHP Capital Partners

Founded in 1992, IHP Capital Partners is one of the nation’s leading real estate investment firms. The company facilitates a path to success for its investor and development partners by providing equity for residential projects throughout the country, with a focus on the western U.S. A tactical partner and trusted fiduciary for nearly 30 years, IHP’s track record is built on experience, expertise and long-term sustained partnerships with well-known institutional investors and a wide range of the industry’s most notable builders and developers. For more information, visit IHPInc.com.

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